bit¢oin$

unveiling my new cryptocurrency PonziCoin

btw i watched this video on the real ponzi, its a wild story, people were going crazy for his investment opportunities

https://www.youtube.com/watch?v=w4waqVKanxA

at least he was handsome, none of these aholes are handsome anymore

no one knows how to be a proper dandy these days

thinking its best not to use a technology that publicly exposes an immutable record for crime

https://www.smh.com.au/national/nsw/property-grab-afp-smashes-alleged-10-billion-chinese-money-laundering-operation-20230201-p5ch7k.html

Federal agents have dismantled an alleged Chinese-Australian money laundering organisation that moved an estimated $10 billion offshore while amassing a blue-chip property portfolio comprising Sydney mansions, a luxury city building and hundreds of acres of land near Sydney’s second airport.

....

Police have also seized cryptocurrency and are examining how the syndicate used crypto exchanges to transfer tainted funds around the world without drawing the attention of authorities, according to confidential sources with knowledge of the investigation.

menawhile scrunkly is scrimblo-staked blarf, many take this as an indication the hacker is a wangspung bluvbif

Wormhole hacker becomes the third largest holder of stETH

January 23, 2023https://t.co/uiHwcpktlu pic.twitter.com/c47XRPPY5F

— web3 is going just great (@web3isgreat) February 1, 2023

tho tbf there are some cryptos that dont leave such a trail and mb they were just busted by records kept by the exchanges, either way better to use time tested crime methods and not throw your lot in with standford grads who do not have crime experience xp

throw your lot in with standford grads who do not have crime experience

is this effective altruism butterfly.jpg

lol

fwiw not sure crypto was really a big part of that investigation but still

lol

The alleged transnational crime organisation exploited Australia’s migration system, with a senior syndicate figure being granted a significant-investor visa and another receiving Australian citizenship despite being a wanted fugitive.

Presumably they did this through the loophole known as “being white”.

sound like theyre chinese, they were rich tho

were they crazy rich

criminal rich azns

crime imitating art (movie titles)

BREAKING per @EleanorTerrett & my reporting: Securities lawyers including a past top @SECGov official say SEC looking to largely "cut off" crypto in all its forms after FTX debacle. @SEC_Enforcement has "blanketed" crypto w so-called Wells Notices signaling intent to bring cases

— Charles Gasparino (@CGasparino) February 14, 2023

i am guessing that, despite appearances, this will have no effect and right now is actually a great time to buy crypto

Buy the dip(shit)!

interested to see where the political donations stuff goes some compelling evidence out there that big name consultant types, lis smith sean mcelwee, might be wrapped up in this

Nishad Singh, former director of engineering at FTX, has pled guilty to six charges including fraud charges, conspiracy to commit money laundering, and a charge related to campaign finance violations. He will cooperate against SBF.

— Molly White (@molly0xFFF) February 28, 2023

a long packed thread on the failed bank signature, not even sure where to drop it it touches so many sides: the recent unpleasantness (big bank run, wobbliness ongoing), and thus thiel, musk (walk-on), anna selvey (who comes out looking good!) (ish), FTX, wirecard (comparison), BCCI, crooked new york landlordism (what other kind is there), madoff and ponzi, def jam & murder inc, russian and israeli oligarchs, diverse mafias, putin and the ottoman empire, and to start it all an assassination (perp very disputed) (someone got locked up but may have been framed!)

This is a deep dive on Signature, the "other" bank failure of March 2023. Barney Frank & the WSJ editorial board have called it an "Execution"

Appropriately, Signature's origins date back to an assassination.

The year was 1999, dateline Monte Carlo https://t.co/7fReQf2uHv

— moe tkacik (@moetkacik) March 24, 2023

good article but i want everyone involved to be thrown into an active volcano

keep anne selvey, she has a funny voice and like robin hood only scammed the rich to give to the poor (herself)

tbf its handy for wash trading too sure the whales already have their ways to do it but what about the lil guy who wants to pump n dump some shit coin whos looking out for him

Here comes another fraudulent Tether exchange, which openly admits to being a no-KYC/AML money laundering exchange.

It makes sense for Tether to integrate with more money laundering operations. How else would terrorists launder their money?

Tether 🤝 Terrorist money laundering. pic.twitter.com/1RdDNHweb2

— Bitfinex’ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) April 11, 2023

Bitcoin miners can also avoid fees Texas charges to maintain and bolster the power grid by strategically powering down during peak demand, when those fees are assessed. And when power prices are high, the miners can also shut down and resell their allotted electricity — which they prepurchase at low rates — for hefty profits.

The Times gave two examples of how this works. During 2021's Winter Storm Uri, during which about 40 Texans froze to death during extended blackouts, ERCOT paid Bitdeer's Bitcoin mine in Rockdale an average of $175,000 an hour for not operating, earning the company more than $18 million over four days — "from fees ultimately paid by Texans who had endured the storm," the Times adds. Another Bitcoin company made tens of millions reselling electricity during Uri.

https://theweek.com/in-depth/1022698/how-voracious-bitcoin-mining-is-messing-with-texans

jfc

Just the markets at work, nothing to see here.

Every use case that gets touted for bitcoin turns out to be something that actively makes the world worse without even a positive side effect.

We screwed up and we are sorry.

Yesterday we shared an overview of the $pepe meme coin to provide a fact-based picture of a trending topic. This did not provide the whole picture of the history of the meme and we apologize to the community.

— paulgrewal.eth (@iampaulgrewal) May 11, 2023

An NFT of Jack Dorsey's first tweet bought for $2.9M is now valued at less than $4 pic.twitter.com/yQGjT2pUbI

— Stocktwits (@Stocktwits) July 21, 2023

not what that picture says -- it's listing all current bids, the biggest of which is $47.

it had a top bid of $280 last year.

tether untethering?

hilarious vulnerability discovered in popular wallet tool, accounts being drained of funds: https://milksad.info/

but but but public ledger

lmao

lol

If you do that, is it even a crime?

not so much a crime as a civic responsibility imo

also lol

In 30 minutes: a hearing on whether Sam Bankman-Fried will be remanded to jail after leaking to the press private diary entries of a witness in his case.

See my past coverage of this:
• https://t.co/Q83XlNt69b
• https://t.co/WCbaAWSkCT
• https://t.co/n3KPYDsefe

— Molly White (@molly0xFFF) August 11, 2023

Sam Bankman-Fried's bail has been revoked.

— Molly White (@molly0xFFF) August 11, 2023

he needs to work on being more subtle with his crimes

bankman sr and the mooch in trouble

Because of Daddy Bankman the Mooch was able to execute his/Skybridge exit agreement with #FTX the day before FTX entered bankruptcy....its always good to have a shadow director on speed dial. https://t.co/R8v40ggU7k pic.twitter.com/nhCsHDkuKb

— @intel_jakal (@intel_jakal) August 13, 2023

Bitcoin trading volume is at its lowest in more than four years https://t.co/vCshqfxTu3

— CNBC (@CNBC) August 28, 2023

Bitcoin trading volume is at its lowest in more than four years https://t.co/vCshqfxTu3

— CNBC (@CNBC) August 28, 2023

SBF's father was unhappy with his salary at FTX US so he emailed SBF asking for more money, and then pulled the "I'm telling your mother" Dad move and looped SBF's mom into the email thread pic.twitter.com/jJaHFqpI7Z

— Conor (@jconorgrogan) September 19, 2023

levine on tether

The Tether conspiracy theories weren't conspiracy theories after all? Because it sure sounds like Tether's spokesperson just admitted to them.

via @matt_levinehttps://t.co/tUfxTG0LiJ pic.twitter.com/RyXBJuQ33U

— John Paul Koning (@jp_koning) September 22, 2023

blessed news

Sam Bankman-Fried will take the stand to defend his actions in the lead-up to the collapse of his digital-asset empire https://t.co/V2RDzHXxuN

— Bloomberg Wealth (@wealth) October 25, 2023

YES

recalling when he declared himself one of the worlds great persuaders, silicon valley guys giving him all that money really fucked with his head lol

then you hear him talk and its like um yeah uhh so the thing you have to understand is i forgot to look at the spreadsheet

SBF: *comes back into Zoom frame with giant spaghetti sauce stain on his pajama shirt* "Uh, sorry, uh, what? Yeah, *BUURRRRRP* we are well capitalized."
VCs: "This man is a genius who doesn't need to play by conventional rules."

one of the things vcs loved him for was saying he wanted people to be able to buy a banana with their app lmao

the best part was how he'd play league of legends during VC calls and that was written up glowingly in his a16z profile