@intel_jakal Profile picture
Mar 5 12 tweets 24 min read
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod Around the same time CZ had apparently come to the conclusion that #SBF was unhinged and wanted out. He allowed #FTX to publish false information about #binance (Miami Dade due diligence Stadium naming rights).
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod March 2021 Binance and Multicoin get fully loved up.
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod We love #binance sooo much we spent thousands of hours writing puff research pieces.....#binance the new #piratebay
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod We love #multicoincapital sooo much because they write all the cool shit for #binance.
We are going to work really closely with them.
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod and by #duediligence I mean we negotiate massive exits for ourselves leveraging our unhinged partners ego mid deal on putting his stupid logo on a sports stadium.
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod We put a few bucks into and blow some smoke up our new lap dog partners fund....and while we take $2B off the table we let them invest into #FTX....
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod Best of all our partner who has been instrumental in soo many of the biggests crypto deals ever.
Has blown themselves up....
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod @kylesamani you do realise that those #FTX #shitcoins that CZ belted out that lit up the #FTX #dumpster was part of the $2.3B he took off the table
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod @KyleSamani At the same time you were shovelling your cash in #FTX.
When you were doing #duedilengence on #FTX
Did you even bother to ask @cz_binance why he was taking out $2.3B and doing a runner?
@ThegreatLambiny @ParrotCapital @Bitfinexed @Cryptadamist @cryptoinformer0 @Annihil4tionGod @KyleSamani @cz_binance Or was that the play?
An old Tradfi playbook. One player negotiates an exit on the basis that the exiting party helps facilitate the restocking of the coffers....#roundrobin

#unhinged but investible

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More from @intel_jakal

Mar 4
Tomorrow I'll walk through my calculations as to how #tether was able to increase their reserves by $700m and then spruce it as a profit.
Until then here's a couple of points to ponder.
1. #nontokendebt - This is something I've broken out in every analysis I've done on Tether's attestations.
Its literally the most important in their numbers. Image
Non token debt is changes in cash.
Read 6 tweets
Mar 4
I've been tracking #tether's attestations since they started publishing them.
I'd like to think that I provide more granular reporting then they do themselves.
I generally try to update the shared sheets and provide some commentary with a week or so of the attestations being released. I haven't had the chance to this quarter...as well I've had real world shit to do ....
I was kinda champing at the bit to write up a few tweet storms as all the fanboys were shilling the amazing $700m profit #tether had made in the Dec quarter alone....
Read 9 tweets
Jan 26
@ParrotCapital @3TUSDPonzi @MikeBurgersburg @otteroooo @Bitfinexed @BinanceFraud Definitely not the worst jurisdiction. But you are probably more wrong than right in your perception.
@ParrotCapital @3TUSDPonzi @MikeBurgersburg @otteroooo @Bitfinexed @BinanceFraud But there is a reason why most of the licensed entities in these jurisdictions are less than 10 years old (in $ vol) and likely less than 3 years old (in terms of number of entities).
@ParrotCapital @3TUSDPonzi @MikeBurgersburg @otteroooo @Bitfinexed @BinanceFraud A conversation for another day. But if regulators really want to make a dent into fintech crime its not that hard.
you have to think like #gretzky
Read 4 tweets
Jan 23
So today quickie is #genesis top 10 creditor #Donut
Self proclaimed #web3 pioneer who's competitive advantage is the use of Decision Tree Risk Modelling Tools....awesome web3 word salad.
even though their product is on pause due to #genesis their principal lending partner blowing up.
They still proudly claiming that their #proofofreserves liquidity ration is still 100%+
As a #web3 pioneer with next gen decision modelling tools and a industry leading #defi platform just how well did donut.app mitigate their exposure to #genesis?
Read 9 tweets
Jan 21
Imagine having enough spare change lying around to invest $25m into #genesis and not bothering to file your annual reports and allowing your company to be administratively dissolved. Then having to make a claim for $25m as a creditor while your entity isn't in good standing. Image
Image
Read 4 tweets
Jan 21
@Cryptadamist @GenesisTrading This is one that I would love to spend more time on and rip it to shreds...but alas I'm out of time.
Here's a couple of observations...
@Cryptadamist @GenesisTrading Don't look for Jon Collins-Black look for"Jon Comer"
Why? 3 direct connections - email, phone number and medium page.
@Cryptadamist @GenesisTrading Who is "Jon Comer" most likely the CMO of Game Credits which is owned by NFT Platform Ltd (Antigua)
Read 9 tweets

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