I. @GenesisTrading, by far the biggest portal between Wall St. money and the crypto verse and the biggest trading desk handling the off market trading of very large amounts of money for very large amounts of crypto, is going to declare bankruptcy on Monday at 10 A.M.
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II. Prosecutors at the Southern District of New York Will Indict Sam Bankman-Fried Very Soon
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III. @Gemini, a regulated on-shore American crypto exchange considered “safe”, froze some of its users’ assets.
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IV. #Silvergate, one of the biggest crypto friendly banks by assets under management, is about to implode.
V. #Cryptocom, AKA “The Other Cryptocurrency Company Besides FTX With An Eponymous Football Stadium In A Major American City”, is experiencing a run on the bank that it will probably not survive. #Cryptodotcom
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VI. Now Even #Binance, Theoretically Backed By Almost $70 Billion (700,000 houses) of Capital, Is Headed For A #BankRun
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VII. Major Crypto Institutions Will Stop Lending To Each Other (If They Have Not Already). Both #CeFi and #DeFi will be affected
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VIII. Ontario Teacher’s Pension Fund #OTPP reported to have lost $95 million (950 houses) of retirees’ money in the #FTX debacle
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There's what looks like a 2015 pitch sheet (?) from #BlockchainCapital, co-founded by epstein's pal #BrockPierce who would go on to help launch Tether (a nation state sized money laundering machine) and EOS (1 of the biggest scams in history, ~$4bn) journaliststudio.google.com/pinpoint/docum…
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Disgraced former head of the MIT Media Lab Joi Ito seen here telling Epstein that crypto is "like the internet" but the core team is in need of a bailout, which he used "gift funds" to "win this round".
Jeffrey Epstein touched cryptocurrency in a lot of inappropriate places. #epsteinfiles #epstein #JeffreyEpstein
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Here's the actual link. Also want to give a huge shout out to @NFTEthics whose research I heavily relied on for the article. cryptadamus.substack.com/p/crypto-epste…
@NFTethics 🧵3/Ω
The man, the myth, the legend: Howard "Nutlick" Lutnick.
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i found a pretty fascinating trove of documents that detail one man's long and arduous 𝘬𝘢𝘮𝘱𝘧 to force #Tether to seize ~$3 million USDT that he lost to an address poisoning scam a few years back.
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Asif Ayub Patel was innocently attempting to purchase $3 million worth of gold bars from Northern Lights, a precious metals dealer based in Hong Kong that prefers to be paid in Tether, as any freedom loving Dubai resident is wont to do.
TTNRRr9jJ4sKAYExY9UryfxApFXJH2t2SJ
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Unfortunately he was careless & got pwned by an address poisoning attack: scammer sends you some crypto from an address that starts/ends w/the same characters as the address you are trying to transact with and hopes you copy/paste from recent txns w/out checking.
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Since #Israel attacked #Iran Tether has frozen 112 addresses on Tron and Ethereum.
- Collectively those wallets received ~$700 million USDT before being frozen
- The top 40 of those wallets are *all* on Justin Sun's Tron blockchain
Iranian exchanges mostly use Tron USDT.
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Dune dashboard with all the historical Tether blacklist data for those two blockchains can be found here: dune.com/queries/5342352
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#Nobitex, the largest crypto exchange in Iran (which is basically a Binance feeder fund, but I digress), openly advises its users on how to avoid sanctions via Tether USDT even though that is a blatant violation of all kinds of laws.
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it really looks like a few days before the $TRUMP launch someone borrowed all $ETH from #WorldLibertyFi treasury, sent it to a bunch of different Coinbase accounts (sus?), and then it came back from #CowSwap trades post-TrumpCoin w/e.