1/5 Citron is short $VCX . $VCX is trading at $400+. Its assets are worth $19. SIMPLE MATH. The sponsor was fined by the SEC for paying 200+ influencers to promote their products without disclosure — willfully, for five years. They registered the domain GetVCX.com. Not VCXinfo. Not learnaboutVCX. Get. The domain name itself is the pitch. Their own prospectus discloses "Other Expenses – Marketing: 0.42%" charged to investors — roughly $3 million a year on a publicly traded security. Who is getting that money? . Full thread below. 🧵 2/5 Meet the sponsor. In August 2023 the SEC charged Fundrise Advisors LLC , the same firm behind $VCX with willfully violating securities laws governing paid solicitation. Finding: Fundrise paid over 200 social media influencers and online publishers $8 million to drive retail investors into Fundrise products without the required disclosures. They settled for $250,000. The SEC used the word willful. Not accidental. Not a compliance lapse. Willful. Five years. 200+ content creators. $8 million. All pointed at retail investors.

1/7 Continue to buy $CCCX and stay short $RGTI Citron expects both stock prices to cross each other VERY SOON
Citron Research: We Don't Understand Quantum Computing - But Google, NVIDIA, and DARPA Do
Let's be clear from the start: Citron Research doesn't claim to be quantum physics experts. We can't tell you the technical difference between superconducting qubits and neutral atoms. We don't pretend to understand the intricacies of error correction algorithms or quantum entanglement
And right now, the quantum computing sector is giving us one of the most compelling pair trades we've seen in years. We're long CCCX (Infleqtion) and short RGTI - not because we're quantum scientists, but because Google, NVIDIA, and DARPA have already done the homework for us.
Pounding Table Long $CCCX/Infleqtion and Short $RGTI. 2/7 Let Google Be Your Research Analyst
This Week, Google published a research framework that should be required reading for anyone investing in quantum computing stocks. The message was crystal clear: we're many years away from useful quantum computing applications.
Think about that. Google essentially published a reality check saying "don't bet on quantum computing applications arriving soon." Yet RGTI trades at a $9 billion valuation entirely dependent on those applications existing in the next few years.
Yet, Google says quantum wins come from real, hybrid problems — not perfect machines. Infleqtion already sells hybrid quantum for defense, AI, and navigation. Google admits full quantum is far — so near-term hybrids rule. Bottom line: Google’s paper proves Infleqtion is ahead.
blog.google/technology/res…

1/ The situation in Ethereum could get real ugly. If $ETH would be worth same as ChatGPT parent OpenAi it would put price of $ETH around $350. 2/ This is not a comment on $BTC which is an alternative asset but $ETH which instead of a promised "network" has become a security and now the @NewYorkStateAG is going to end the charade.
markets.businessinsider.com/news/currencie…

1/ How much fun is Chat GPT? $ETSY fraud is Shakespearean.

Hark! Doth mine ears deceive me? Forsooth, 'tis a tale most foul! Etsy, that once-beloved purveyor of goods crafted by hand, hath fallen from grace and been revealed as a nefarious den of iniquity. 2/ Citron, that noble seeker of truth, hath uncovered the unsavory secrets of this wretched hive of scum and villainy, where counterfeit goods doth run rampant and the light of honesty is but a flicker in the darkness.

1/ $ETSY has become one of the largest platforms in the world for counterfeit goods, and it is indisputable. They risk running afoul with the DOJ, FTC, and Customs Border Protection. 2/ The company can no longer posture that these goods are a small % of revenue as the scale has become too large and abusive.

The worst part is they have allowed the culprits to buy "ad words" of the brands and then labeled many of these counterfeiters as trusted websites.

1/ We were reluctant to mention $WISH until we saw the Super Bowl. The $Wish business model seemed terminal....and then everything changed!!! It has now become the most assymetrical opportunity in the market 2/ Temu just had 2 Super Bowl ads and has recently been the #1 download app on the Apple platform. The world has been reintroduced to the surprise discovery e-commerce model and it is being acceptted. $PDD has done their homework which now finnally puts $WISH in play.

Citron would like to share a few thoughts on 25 years of shortselling and how it relates to the FTX Fiasco. Maybe it is time to finally listening to skeptics instead of vilifying them. The US Government should be embarrassed that they let one person get so close to the inner sanctum of government and influence without even checking a tax return. Forget about private equity, they are caveat emptor,