@intel_jakal Profile picture
Mar 22 11 tweets 31 min read
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod what we are witnessing is akin to what happens when a hacker targets a vulnerability in a system and is able to release malware and it causes havoc to its target.
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod There is literally hundreds of zero day attacks in crypto. But rather than addressing bad actors and patching vulnerabilities in the ecosystem. - they were embraced as innovation - literal onramps to the promised land.
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod The Signet walled garden is a perfect example - if a bad actor gets into your walled garden as soon as its flagged you excise them and patch the vunerability. If you don't they propagate and destroy your garden. Instead those who could have, should have taken action
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod did the opposite gave them the keys to the garden and told them to invite their friends some who were maskign their identities worse than this bloke.
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod So instead of a slow rot...the garden burnt down.
Now the #muppets are angry with the world blaming everyone but themselves.
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod So here's my #zeroday 1,616 days ago. This #muppet #leader says some really dumb shit. Not only was it dumb then it was later proven to be the worst take of all time (it wasn't redeemed by #tether it was nicked to patch the hole in #bitfinex)
@ParrotCapital @JackInabinet @9thdecimal @Cryptadamist @MikeBurgersburg @ExkrementKoin @crypto1nfern0 @vidar_research @AureliusValue @AlderLaneEggs @Annihil4tionGod @bitfinexed was way ahead of the pack. calling it out way before my zero day. and the warnings continued unabated.

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More from @intel_jakal

Mar 5
@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
Read 12 tweets
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

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