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wondertasty media Profile picture
wondertasty media
@_wondertasty_
Hi, this is my crypto account. Old account got suspended but I'm still here and still ready to speak only the truth 💯 #MakingMoneyWorkForMe Former $CEL Holder
Nov 11, 2022 • 13 tweets • 6 min read
#Crypto.com? How to fake your Proof of Reserves Season 1.

(1) Let’s dive in:

#Crypto.com's cold wallet – $600М in #SHIB, some #tether, the rest is shit. Shit noone’s ever heard of. That tells us close to nothing.

portfolio.nansen.ai/dashboard/cryp… (2) “So in a few weeks you think you will have 1:1 reserve to liabilities!” This means you cannot confirm it now, which is generally your job. Not confirming that you have more assets than liabilities makes me consider that you just don’t!

Nov 11, 2022 • 7 tweets • 12 min read
Back again with another thread, on #CDC this time!

Crypto.com's cold wallet - $230m in literal #SHITCOINS #SHIB, $70m in #DOGE, some tether, the rest is also shit I've mostly never heard of. But hey, they will be fine.

etherscan.io/tokenholdings?… I bet they have done the FTX, borrowed $$$$ against those shitcoins. And now liquidations will be cascading.

I am also curious the extend to which they have borrowed agains CRO. Wait till that starts to dip.