Thread by @Cryptadamist

why is Wacky Cathie's "big ideas" presentation on bitcoin lying about #Binance & #CryptoCom's proof of reserves?

- the #CryptoCom one literally redacted all the numbers. #notajoke

- both those pieces of paper were *immediately* retracted by the auditors
ark-invest.com/big-ideas-2023…

🧵 this is #CryptoCom's "proof of reserves" that Wacky Cathie's ARK website claims was done in 2022 👇. it existed in public for 5 days before the auditor Mazars was like "just kidding!" and deleted that entire part of the website. $ARKK $ARKW $ARKF $ARKG

https://twitter.com/Cryptadamist/status/1603710878372724736

🧵 maybe @SECGov @SECEnfDirector @SEC_Enforcement @NYDFS should look at what $ARKF is doing here. this is all easily verified. $ARKK is straight up lying to investors about whether these "proof of reserves exist" a) exist or b) prove anything. Call Mazars.

https://twitter.com/Cryptadamist/status/1666993277986373632

🧵 Here's the recording of ARK Invest's #YassineElmandjra straight up lying (and in an extremely material, relevant way) to investors in $ARKF, $ARKK, and $ARKG:

🧵 first i thought Wacky Cathie was dumb. then i thought she was a great salesperson pulling one over on the rubes. but after seeing this i kind of think she might just be a criminal. there's no excuse for lying like this. it was widely publicized that these docs were retracted.