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It's been almost a month since our last episode of The More Than Seven Seals of #TheCryptocalypse listed way more than 7 really bad omens for the cryptocurrency "industry."
Well things have gotten a lot worse since then. #TheOracleOfTulips has more to reveal.
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The contents of The Book of Fraudits were revealed by the prophet #Mazars in the form of number-free "attestations" about the financial state of #CryptoCom, #Binance, and #KuCoin.
Note that the #KuCoin attestation has never been seen by mortal eyes.
🧵2/Ω #Mazars LLP, one of the two quasi-legitimate accounting firms still auditing cryptocurrency exchanges not named @Coinbase or @Kraken, announced they would no longer audit crypto firms not named Coinbase or Kraken.
The Parting Of The Stablecoin Waters kicked off the great east vs. west divide as #Huobi, #KuCoin, #ByBit, etc. shifted to exclusively $USDT and #CryptoCom went 100% $USDC.
Bro has set upon bro: Cameron Winklevoss went after Barry Silbert of DCG with a highly accusatory open letter asking where #Gemini customers' $900M went.
Silbert responded by making shit up. It escalated from there.
#EvaKaili, the most pro-cryptocurrency left-wing VP of the #EuropeanParliament, was arrested with suitcases full of cash.
Kaili allegedly accepted bribes Qataris in exchange for telling all the Europeans that the Qataris were the nicest slave drivers she’d ever met.
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VC and private equity funding for cryptocurrency businesses took a huge nose dive.
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Avraham Eisenberg, the @mangomarkets trader, was arrested for behavior widely understood to be nothing more than a “highly profitable trading strategy”.
and if you think i'm exaggerating you haven't been paying attention. the taxpayer bailout of the crypto industry is already well underway. wpr.org/news/wisconsin…
they've already drafted the federal legislation to pump most of a trillion dollars into bitcoin under the delusional fairy tale of "paying down the national debt" (lol) lummis.senate.gov/press-releases…
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Thread for those who don't have the intestinal fortitude to sit through the Elmo / Rogan interview.
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Both these guys seem to regard the FBI asking (not forcing) "old Twitter" to take down some tweets as a crime against humanity roughly on the scale of the Stalin's gulags.
Rogan: "We were headed down a path of censorship and of control of narratives that is UNPRECEDENTED."
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The comparison to Stalin is not my hyperbole. Later in the interview Elmo will compare NY DA Alvin Bragg to Lavrenti Beria, the head of Stalin's secret police and one of history's greatest monsters.
i find it at least curious that this announcement of such a massive capital raise came just a few days after we got confirmation that the Treasury Dept is considering freezing Tether's assets and the DOJ is investigating them...
1/ anyone heard of #ChipperCash, an #FTX funded african fintech that had at one point almost $700 million deposited at Silicon Valley Bank? the funds were split up across like 10 accounts so the name didn't come up when $SVB's top depositors were a hot topic...
2/ Funds were in accounts labeled as "Deciens Chipper Cash SPV" 1-N. based on the total amount roughly matching the below tweet it seems like those funds somehow came from #Nigeria's government?
3/ Which in turn makes me wonder if this is stolen Nigerian oil money being laundered through SVB @mikulaja have you heard of this apparently kind of large fintech company?
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A thread about the recent connection of what WSJ calls “the shadow dollar that’s fueling the financial underworld” and the Trump campaign (basically a 🧵 version of my pinned tweet).
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Some background: there’s a NYC based financial firm called Cantor Fitzgerald whose CEO is a man named Howard Lutnick. Lutnick became somewhat infamous in the aftermath of 9/11 for cutting off payments to the many Cantor employees who died in the World Trade Center.
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Lutnick has two roles that matter for the purposes of this 🧵. The first is he was recently made the co-chair of the Trump transition team, meaning if Trump wins Lutnick will be choosing who will run things like the Dept. of Justice, Defense, etc. thehill.com/homenews/campa…
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I have videos of these screenshots but the frame rate is broken and i'm too lazy to correct it right now, but Uzbekistan's #Agrobank hired Brock Pierce's favorite lobbyist and went to meet Ted Cruz and went to the White House: