Crypto scams are dime a dozen.

FTX, Alameda and the 134 entities that it took down with it. Another thread 🧵 on this👇
All the classic FTX fraud & scam signs
#Bitcoin & chill
Crypto space without Terra Luna, Celsius, 3AC, Voyager, FTX, Alameda and 1000s of other Ponzi’s and scams
Hey @VitalikButerin can you please comment on this shady business
And it’s gone
Have you guys seen these men in Bahamas or Argentina somewhere
Every crypto fund FTX touched
Every company invested in FTX
Sequoia’s reaction vs. Musk’s reaction
on talking to SBF the CEO of FTX
Thanks to all the FTX whistleblowers who came together and helped the crypto community. There will be a dark Netflix movie out of FTX & SBF

Tom Brady’s yet another FTX ad
Expect them to be deleted soon 😂

Caroline (CEO of Alameda Research) has a tumblr account called "worldoptimization."

Her kink is men who control most major world governments, low risk aversion, responsible for important scientific discoveries

No kidding 😂
FTX had $1.4bn in BTC liabilities (~80k BTC) but didn't own a single #Bitcoin on their balance.

Yet, the BTC they "issued" absorbed buying pressure from real BTC as people trusted them, essentially expanding the M2 supply of BTC. FTX was a crypto central bank.
Essentially what’s needed going forward is #ProofOfReserves from every centralized crypto exchange or a crypto fund. If they don’t show their reserves, just treat them as scammers & fraudsters. There’s no more second chances in crypto.
Sam from FTX made a global impact for good alright… he woke every one in the world to take #ProofOfReserves seriously. If there is any centralized entity with out it, it’s a fraud 🤷‍♂️
WTH is going on with FTX withdrawals
Warren Buffett & Charlie Munger on crypto currencies in 2018.

Crypto attracts a lot of charlatans trading currencies and starting exchanges… it will end badly

Who knew… they were right 🤷‍♂️

#ProofOfReserves is a must for centralized entities handling crypto going forward. Even with proof of reserves, there are shady things happening behind the scenes like once you get a snapshot, moving funds to other exchanges for double counting.

#FractionalReserveBanking
There are traders with complex setups like this and yet lost $10 billion 😂
Faking #ProofOfReserve are in trouble stay away from those - @cz_binance
Watch and learn from @CaitlinLong_
She’s a Wall Street veteran and knows exactly what leverage and fractional reserve banking does to crypto

cnbc.com/video/2022/11/…
More crypto exchanges in trouble 🤷‍♂️

Hong Kong based AAX crypto exchange today suddenly announced the suspension of all operations, including trading, withdrawals, etc - promise that they will try to restart everything in 7-10 days.
How to launder money 🤷‍♂️
How come all the corrupt scumbags care about the planet & humanity so much that they guard against pandemics, hurricanes to save y’all 😂
SBFs father was expert at tax shelters
Bank run happening in “crypto . com”
Take your funds out if you have some left that platform. Soon they’ll be stopping access to that as well 🤷‍♂️
Your US taxpayer dollars at work 😂
A hit movie #BigShort2 coming
FTX in a picture 🤷‍♂️
Follow the money, not the charlatans
SBF approached @chamath for funding and when he asked for a few changes, they responded…

“Go F Yourself”

Sounds like a great company TBH 😂

Sam's penthouse "The Orchid" in the Albany exclusive community is now listed on the market for sale -- $39,500,000
All my reserves are all on paper 😂
Crypto. com is bankrupt, get out now
Sam went to raise funds from UAE 🇦🇪 2 weeks ago when he knew he’s under

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with 🌋🌋 Deep₿lueCrypto 🌋🌋

🌋🌋 Deep₿lueCrypto 🌋🌋 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DeepBlueCrypto

Feb 23
Infographics are essential to convey information to people in the modern world.

“ALL ROADS LEAD TO ROME”

A thread 🧵 #30 for your awareness👇 Image
Humanity Image
Read 19 tweets
Feb 8
@DavidSacks blasts USAID for using American taxpayers to fund left-wing organizations and policies around the world.

"We're in debt almost $40 trillion, and the money is all laundered to them and their left crony entities and media orgs”

A 🧵 on DOGE👇

‼️‼️ Stop the USAID grift now ‼️‼️ Image
Read 85 tweets
Feb 6
The acronym "DOGE" "Democrats Officially Getting Exposed." It is used to imply that the Department of Government Efficiency (DOGE), led by Elon Musk under the administration of President Donald Trump, is revealing or exposing alleged inefficiencies, fraud, and corruption supposedly linked to Democratic policies or government operations they've been in charge of or supported.

🚩Fraudulent Activities Uncovered by DOGE:

1. Improper Payments at the Treasury Department:
- DOGE has claimed that payment approval officers at the Treasury Department were instructed to approve payments indiscriminately, even to known fraudulent or terrorist groups.

2. USAID Operations:
- DOGE has been involved in the shutdown of the U.S. Agency for International Development (USAID), asserting that it is rife with fraud and waste. Specific claims include the agency funding projects like a DEI musical in Ireland and transgender opera in Colombia.

3. Access to Sensitive Government Systems:
- There are reports of DOGE gaining access to sensitive data, including Treasury payment systems, which could involve personal financial information of citizens.

4. Alleged Waste in Federal Spending:
- DOGE has announced savings, such as canceling over $1 billion in federal diversity, equity, and inclusion (DEI) contracts, suggesting these were wasteful or fraudulent expenditures.

5. General Claims of Fraud and Abuse:
- Broad assertions have been made by DOGE about uncovering "massive fraud, abuse, money laundering, and corruption" within government operations, though specifics beyond the above examples are less detailed in public reports.

A thread on @DOGE 👇Image
Image
Read 27 tweets
Jan 30
Infographics are essential to convey information to people in the modern world.

A thread 🧵 #28 for your awareness👇 Image
Image
Read 50 tweets
Jan 29
The global financial system is extraordinarily sensitive to the pronouncements of the Federal Reserve's chief due to the pivotal role the U.S. dollar plays in international trade and finance. As the world's reserve currency, fluctuations in U.S. monetary policy directly influence global liquidity, interest rates, and economic stability. When the Fed chair speaks, whether it's about interest rate decisions, inflation targets, or economic outlooks, markets around the globe adjust in anticipation or reaction. Investors, from Wall Street to the smallest foreign exchange traders, scrutinize every word for hints of policy shifts that could affect asset valuations, currency strength, and investment strategies. This reliance stems from the understanding that changes in U.S. policy can ripple through economies worldwide, affecting everything from commodity prices to international borrowing costs.

This dependency is further amplified by the psychological impact of the Fed's statements. The markets operate on a blend of hard data and human emotion, where confidence or uncertainty can sway economic directions significantly. The Federal Reserve's chief, therefore, not only sets the tone for economic policy but also manages market psychology. A mere suggestion of tightening or easing monetary policy can lead to immediate market movements, as traders and investors adjust their portfolios to hedge against perceived risks or capitalize on new opportunities. This dynamic creates a self-fulfilling prophecy where the Fed's words can shape economic reality by influencing investor behavior, credit availability, and consumer confidence, often before any actual policy changes are enacted.

Moreover, the absence of a truly global monetary authority makes the Federal Reserve's chair one of the most influential figures in international finance. Other central banks and governments watch closely, often aligning their policies to mitigate or leverage the effects of U.S. monetary decisions. This isn't merely about following the dollar; it's about navigating the complex web of global economic interdependence where the U.S. economy, due to its size and influence, acts as a linchpin. The Fed's communication strategy, thus, becomes a critical tool not just for domestic policy but for global financial stability. This concentration of influence underscores a system where one person's words can dictate the financial health and economic direction of nations far beyond U.S. borders, highlighting our world's reliance on the Federal Reserve chief's rhetoric.

A thread on federal reserve and central banks
Traders trading on the FOMC meeting minutes before like
Read 14 tweets
Jan 12
This isn’t a conspiracy theory… but the truth

Here's why systems dominated by certain sectors might inherently fail to achieve broader societal goals:

🚩A Country Run by Banks Will Always Be in Debt:

- **Profit Over Stability:** Banks inherently aim to maximize profit, which often involves lending money and charging interest. This creates a cycle of perpetual debt for the state, as governments need to borrow to fund operations, infrastructure, and crises. The more debt there is, the more interest accumulates, ensuring that the debt never truly diminishes.

- **Economic Dependency:** By controlling financial policies, banks can dictate economic conditions that favor debt accumulation, like low interest rates that encourage borrowing or high inflation rates that devalue currency, increasing the nominal value of debt.

🚩Healthcare Run by Big Pharma Will Never Cure Disease:

- **Financial Incentives:** Curing diseases is less profitable than managing chronic conditions. Big Pharma benefits from long-term treatments where patients need continuous medication, rather than one-time cures which would eliminate future revenue from that ailment.

- **Research Focus:** The pharmaceutical industry's R&D is heavily influenced by potential market size and profitability rather than public health needs, often sidelining research into cures for less common or less profitable diseases.

- **Regulatory Influence:** Through lobbying, big pharma can influence regulations and drug approval processes to favor treatments that don't eradicate diseases but manage symptoms, thus ensuring sustained sales.

🚩A State Run by War Will Never Know Peace:

- **Perpetual Conflict:** Military-industrial complexes thrive on conflict. Wars justify defense budgets, contracts, and arms sales. Peace reduces these opportunities, hence there's an institutional bias towards maintaining some level of tension or conflict.

- **Political Power:** Military leaders or regimes often gain and retain power through war, making peace less appealing as it might lead to a reduction in their control or influence.

- **Economic Dependency:** Economies can become dependent on war industries for jobs and innovation, creating a cycle where peace is economically destabilizing.

🚩A Nation Run by Media Will Never Know the Truth:

- **Profit from Sensationalism:** Media outlets often prioritize sensational, controversial, or divisive content to attract viewership, which can distort facts or omit context for the sake of engagement.

- **Control Over Information:** Media conglomerates can influence public opinion by controlling what information is disseminated, how it's framed, or even by suppressing stories that don't align with their interests or those of their sponsors.

- **Bias and Agenda Setting:** Whether through political alignment, ownership biases, or advertiser influence, media can skew narratives away from objective truth towards narratives that benefit their agendas or maintain viewer loyalty.

In each case, the systemic incentives and structures prioritize outcomes that align with the dominant institution's interests rather than the public good or societal well-being.Image
Here’s a previous thread on conspiracy theories
Of course

Every right you give up to the government is never coming back… it accumulates over time
Read 26 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(