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Jun 7 โ€ข 10 tweets โ€ข 4 min read Twitter logo Read on Twitter
๐Ÿšจ BREAKING: Shocking Revelation! ๐Ÿšจ

๐Ÿ‡บ๐Ÿ‡ธ SEC's Gensler hints at "parallels" between #Binance and FTX, but one exchange mysteriously escapes the lawsuit ๐Ÿ˜ฑ Image
1๏ธโƒฃ The SEC's Chair Gary Gensler just revealed mind-blowing connections between two major #crypto exchanges: #Binance and FTX.

๐Ÿ‘‰ But there's a shocking twist ๐Ÿ˜ฑ
2๏ธโƒฃ According to Gensler, both #Binance and FTX have allegedly used sister firms to move funds, raising serious concerns about fraud and manipulation.

๐Ÿ‘‰ But while Binance faces a barrage of lawsuits, FTX remains untouched ๐Ÿ•ต๏ธโ€โ™‚๏ธ
3๏ธโƒฃ The SEC's lawsuit against #Binance includes a whopping 13 charges, accusing them of commingling funds and engaging in wash trading.

๐Ÿ‘‰ But why hasn't FTX faced the same fate? ๐Ÿค”
4๏ธโƒฃ Some #crypto enthusiasts argue that FTX's sizeable donations to political parties and its founder Sam Bankman-Fried's lobbying efforts in D.C. have played a role in avoiding legal action.
5๏ธโƒฃ Ripple CEO Brad Garlinghouse suggests that the SEC's recent lawsuits are just a smokescreen to divert attention from their alleged "FTX debacle."

๐Ÿ‘‰ Could this be a case of misdirection?
6๏ธโƒฃ On the other hand, Matrixport's head of research, Markus Thielen, believes that #crypto was not initially seen as a threat to U.S. financial stability.

๐Ÿ‘‰ But with the collapse of major banks, the game has changed.
7๏ธโƒฃ It's important to note that while the SEC hasn't sued FTX directly, charges have been filed against its founders and former executives.
8๏ธโƒฃ Let's demand transparency and accountability from the SEC!

๐Ÿ‘‰ This thread aims to raise awareness and encourage discussions on recent developments.
Liked the thread! Donโ€™t forget to retweet the first tweet and follow for more ๐Ÿ”ฅ๐Ÿ‘‡

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More from @CryptoKingKeyur

Jun 8
๐Ÿšจ BREAKING: ๐Ÿ‡ฆ๐Ÿ‡บ MAJOR AUSTRALIAN BANK TO BLOCK #CRYPTO PAYMENTS ๐Ÿ˜ฑ

A thread ๐Ÿงต Image
1๏ธโƒฃ The largest bank in Australia, Commonwealth Bank, just dropped a bombshell!

๐Ÿ‘‰ They're planning to BLOCK payments to #crypto exchanges ๐Ÿ˜ฑ
2๏ธโƒฃ According to James Roberts, a Commonwealth Bank executive, the bank is concerned about the "HUGE scale of investment scams" involving #crypto exchanges.
Read 12 tweets
Jun 8
๐Ÿšจ BREAKING: ๐Ÿ‡ฌ๐Ÿ‡ง MAJOR BAN on #Crypto Incentives Proposed in the UK ๐Ÿ˜ฑ

A thread ๐Ÿงต Image
1๏ธโƒฃ Get ready for a major shakeup in the world of #crypto advertising!

๐Ÿ‘‰ The UK's Financial Conduct Authority just proposed a BAN on crypto incentives ๐Ÿ˜ฑ
2๏ธโƒฃ No more "refer a friend" bonuses or "new joiner" rewards for investing in #crypto!

The FCA is cracking down and treating crypto as a HIGH-RISK investment!
Read 11 tweets
Jun 8
๐Ÿ‡บ๐Ÿ‡ธ SEC Chair Gensler caught in a #crypto scandal? ๐Ÿ˜ฑ

Did he offer to ADVISE #Binance in 2019? ๐Ÿ˜ณ

A thread ๐Ÿงต Image
1๏ธโƒฃ SEC Chair Gensler allegedly offered to serve as an ADVISOR to #Binance, the #crypto giant, in 2019.
2๏ธโƒฃ According to #Binance's lawyers, Gensler had multiple conversations with Binance executives and even met their founder, Changpeng Zhao, for lunch in Japan.
Read 13 tweets
Jun 7
๐Ÿšจ BREAKING: ๐Ÿ‡ฐ๐Ÿ‡ต Massive #Crypto Hack!

North Korean Hackers Strike Again, Stealing $35 Million ๐Ÿ˜ฑ

A thread ๐Ÿงต Image
1๏ธโƒฃ North Korean hackers have allegedly pulled off yet another mind-boggling heist, stealing a jaw-dropping $35 MILLION from a prominent #crypto service ๐Ÿ˜ฑ
2๏ธโƒฃ The target of this audacious cyberattack was none other than Atomic Wallet, an Estonia-based company boasting a whopping 5 million users of its software ๐Ÿ˜ฎ

๐Ÿ‘‰ The hackers reportedly drained the #crypto accounts of certain customers ๐Ÿ˜ฑ
Read 11 tweets
Jun 5
๐Ÿšจ The 8 Events That Shook the #Crypto World ๐Ÿ’ฅ

Brace yourself for the jaw-dropping moments that shook the industry to its core ๐Ÿ˜ฑ

A thread ๐Ÿงต Image
1๏ธโƒฃ Mt. Gox Hack (February 2014):

๐Ÿ‘‰ The closure of Mt. Gox, once the largest #Bitcoin exchange, following a massive hack that resulted in the loss of 744,408 #BTC, leading to bankruptcy and investigations. Image
2๏ธโƒฃ Bitcoin Cash Hard Fork (August 2017):

๐Ÿ‘‰ A disagreement among #Bitcoin developers led to a hard fork, resulting in the creation of Bitcoin Cash (BCH), which aimed to address scalability concerns by increasing the block size. Image
Read 11 tweets
Jun 4
๐Ÿšจ ALERT: MAJOR #CRYPTO HACK ๐Ÿ’ฅ

Your crypto assets might be in DANGER ๐Ÿ˜ฑ

Users report DEVASTATING losses on Atomic Wallet app ๐Ÿ˜ญ

A thread ๐Ÿงต Image
1๏ธโƒฃ Stay ALERT! Atomic Wallet, the popular noncustodial wallet, has been HACKED!

๐Ÿ‘‰ Users are reporting DEVASTATING losses of their hard-earned #crypto assets ๐Ÿ’”๐Ÿ˜ญ
2/The Atomic team is scrambling to investigate the situation, but reports of COMPLETE WIPED OUT portfolios are flooding in!

๐Ÿ‘‰ This is a DISASTER for over 5 MILLION users ๐Ÿ˜ฑ
Read 11 tweets

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