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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”.
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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.