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⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
@Cryptadamist
Jan 15, 2023 • 9 tweets • 7 min read • Read on X
Scrolly
🧵1/Ω
#Tether unblacklisted two wallet addresses on the ethereum chain yesterday:

※:etherscan.io/address/0x9f1c…
※:etherscan.io/address/0xdec1…
🧵2/Ω 0x9f1c87c3224dca911f6412fba5865c30647bddb1 proceeded to move only a small amount of $USDT...

but also made invalid calls to the $USDT contract...
🧵3/Ω
#0xdec1bcaa046feb7343cb7292bb1193fa2d4fd68e doesn't seem to have done much of anything.

WTF is going on?
🧵4/Ω
Separately $700mm moved from wallet tagged "#Binance: BTC Proof Of Reserves".
etherscan.io/tx/0xa0ed5235d…

If those tags are correct¹ that begs a few questions:

a) Why are there BTC chain reserves on the eth chain?
b) Whose BTC is backed by $USDT

¹ (def not a given)
🧵5/Ω
His Excellency's supposed "chain swap" of $400mm eth backed $USDT to Tron because ??? shows up in the data as a $400mm increase in the size of Tether's treasury wallet.
🧵6/Ω
Also note that the "Binance: BTC Proof of Assets" wallet shows an earlier transaction of $$609mm being sent to one of #Binance's user wallets.
🧵7/Ω
Volume of tethers moved per day on-chain is a good historical indicator of big events like #FTXplosion or the #Terraclysm.

Not spiking right now but... it is *consistently* high in way we have not seen before.
🧵8/Ω
Data came from checking in on my @DuneAnalytics dashboard for $USDT on the eth chain. Feel free to take a look and thanks to Dune for making this incredible tool free. cc @DesoGames @DylanLeClair_ @ramahluwalia @BennettTomlin @CasPiancey
dune.com/crypto_oracle/…
🧵9/Ω
PSA: this account is often exiled to The Shadows of Bǟn and thus tweets will not be allowed to have organic growth so RT if you think your followers might want to see

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More from @Cryptadamist

⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Nov 14
they're going to transfer incredible amounts of taxpayer money into the hands of crypto bros. that's what this has always been about.
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…
Read 4 tweets
⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Nov 5
🧵1/Ω
Thread for those who don't have the intestinal fortitude to sit through the Elmo / Rogan interview. Image
🧵2/Ω
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."
🧵3/Ω
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. Image
Read 59 tweets
⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Oct 30
is saylor trying to bail out the entire bitcoin market? $MSTR @crypto1nfern0
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...
3/ it's probably nothing but... $42 billion is a kind of oddly specific number for Saylor Moon to throw out
Read 7 tweets
⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Oct 24
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... Image
Image
Image
Image
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?

cc @ParrotCapital @SilvermanJacob @RogueCfpb @thebankzhar
chathamhouse.org/sites/default/…Image
Read 12 tweets
⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Oct 9
🧵1/Ω
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).

Ω👇Ω
🧵2/Ω
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. Image
🧵3/Ω
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…
Read 30 tweets
⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com Profile picture
Sep 26
🧵1/Ω
Eric Adams minorly mega-thread bc I broke the other one:
🧵2/Ω
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:
🧵3/Ω
DOJ lobbyist registration for Uzbekistan's #Agrobank hiring Brock Pierce's favorite lobbyist.
Read 36 tweets

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