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Duo Nine | discord.gg/ycc Profile picture
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Nov 25 • 5 tweets • 3 min read
Get out of #WBTC NOW!!!

Turns out half of all #WBTC was minted by none other than… wait for it:

🔸 Alameda Research

🚨 They minted over 100k WBTC 🚨

This explains why the depeg of #WBTC vs #BTC began when #FTX imploded!

Major red flag below (pictured)! Image
Source: dune.com/Messari_Jack/w…

Bail NOW!!!
72k #BTC unaccounted for…
People should read Satoshi's whitepaper again.

At least the WBTC CEO is confident enough not to block me. I take that as a positive.

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More from @DU09BTC

Duo Nine | discord.gg/ycc Profile picture
Nov 9
1/ Sam's empire has collapsed. #FTX #FTT #Alameda

From the next Warren Buffett to an outcast in less than two months.

He's now joining a very exclusive group with folks such as Do Kwon (#Terra), Su Zhu (#3AC), and Alex Mashinsky (#Celsius).

How did he end up here? A thread. 👇 Image
2/ Let's start with the obvious, but NOT so obvious.

His health suddenly deteriorated & he was so anxious all the time. Why?

He knew what many did not, but some did. 👇

3/ In August, Sam Trabucco (#Alameda co-CEO) resigned.

In September, Brett Harrison (#FTX US President) resigned.

Now we know why. They were on a Titanic and they jumped ship early.

But what about Sam? 👇 Image
Read 18 tweets
Duo Nine | discord.gg/ycc Profile picture
Nov 9
Anything on the #Alameda balance sheet may end up like this. 👇 #Solana

They *had* $1 billion worth of #SOL on their balance sheet, now it's worth $500 mil. Tomorrow it may be worth even less.

Stay away from anything touched by #FTX / #Alameda.

🤯
Previous post. #SOL #SOLANA

Source and update:

solanacompass.com/validators/cha…
Read 4 tweets
Duo Nine | discord.gg/ycc Profile picture
Nov 6
For those confused about #FTX & #FTT, here's the TLDR:

1️⃣ FTX prints FTT out of thin air
2️⃣ FTX lends FTT to Alameda Research
3️⃣ Alameda Research borrows USD stables against FTT
4️⃣ Alameda Research sends USD stables to FTX
5️⃣ Repeat = infinite money

🚨 No need to sell FTT!
Seems people are getting it, slowly. #FTT #FTX
How it started.

Read 7 tweets
Duo Nine | discord.gg/ycc Profile picture
Nov 6
#FTX is insolvent and we got proof.

FTX Exchange and Alameda Research hold 8 bil in #FTT value which is illiquid against a real mcap of 3 bil.

That is 5 bil of magic money they report on their balance sheet.

Sam feeling the heat.

Any sell pressure will crash that mcap fast!
Binance just moved 500 mil worth of FTT. Dump time?

In case you missed it. This article from Coindesk is key.

"Adds that Alameda's CEO declined to comment." aka Sam, #FTX CEO

Read 6 tweets
Duo Nine | discord.gg/ycc Profile picture
Oct 29
Wait till the end. 👇

#FTX CEO has lost the plot IMO. This guy does not deserve what crypto has to offer.

I'd be very careful about anything this guy touches.

He should not do interviews either. 😅
Great interview from Erik.

Here is Sam's reply. 😆

Read 4 tweets
Duo Nine | discord.gg/ycc Profile picture
Oct 22
Here's my guide if you want to make it in crypto. 👇

Below are my top 10 tools & resources you must use to stay ahead of the curve.

You asked and I deliver. A thread. 🧵

Let's go!
1⃣ Crypto Twitter

Use Twitter as your gateway to find alpha and stay on top of the market.

This means you only follow crypto accounts - nothing else.

Stay focused. Remove the noise.

Start with my curated list of handles below:

2️⃣ Crypto Exchanges

Only use the best, and never compromise.

Right now, that is @binance - avoid the rest.

Binance has the best fees & market liquidity.

Don't have an account? What is wrong with you...

Here's my referral for a $100 voucher: binance.com/en/activity/re…
Read 13 tweets

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