2024-08-12
The Celsius Ponzi scheme is now suing Tether. It turns out Tether printed nearly 2 billion tethers out of thin air for the Celsius Ponzi scheme. In exchange for 39,000+ bitcoins. When the market was crashing, Tether also improperly liquidated their bitcoin. When tether dumped [image]
The Block
Celsius sued Tether on August 9 to try to claw back 39,542 bitcoin, now worth ~$2.4B, that Celsius claims Tether sold improperly at the bottom of the market
Zack Abrams / The Block :
2024-07-19
In August 2021 he called me a failed whistleblower, despite my allegations being confirmed at the time by the NYAG, the CFTC since then, and now even the civil class action lawsuit in where Tether executives have admitted to deleting evidence and having zero proof and being [image]
CoinDesk
Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it
Nick Baker / CoinDesk :
@adamscochran If only there was some sort of warning signs that Ryan Selkis is one of the dumbest people on the planet. [image]
CoinDesk
Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it
Nick Baker / CoinDesk :
It has been quite beautiful watching Ryan Selkis aka TwoBitIdiot meltdown over twitter. Ryan Selkis is probably one of the dumbest people on the planet and his downfall honestly was quite predictable. You have to be a whole new level of stupid to think this way. This is no [image]
CoinDesk
Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it
Nick Baker / CoinDesk :
2024-05-09
Binance hires employees to look for market manipulation. Binance employees find out Binance clients are pumping and dumping shitcoins. Binance fires employees that look for market manipulation. No, Binance isn't going to reform. https://www.wsj.com/...
Wall Street Journal
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
2024-04-01
Tether fraud about to get blown the fuck up. Tether being used to fund the Russia war against Ukraine. https://www.wsj.com/... [image]
Wall Street Journal
Interviews and Telegram messages detail how Russian middlemen used Tether to avoid US sanctions and procure parts for drones and other high-tech equipment
How Russian middlemen used tether to avoid U.S. sanctions and procure parts for drones and other high-tech equipment
2024-02-21
Crypto firm Circle to end support for USDC stablecoin on Justin Suns Tron Fraud platforms. Not to worry, Justin Sun Tron fraud still supported by Tether fraud, if they're supporting terrorists and criminals, why not support Justin Sun scammer? https://www.marketscreener.com/ ...
Reuters
Circle no longer plans to mint USDC tokens on the Tron blockchain, effective immediately, to “ensure that USDC remains trusted, transparent, and safe”
Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday …
2024-01-10
One has to wonder why the Coinbros would hijack the SECs Twitter account if the Bitcoin spot ETF approvals were in the bag. Because let's assume it was set for approval, would it make sense for them to continue to approve it when it's so obvious that the market is being...
CoinDesk
An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs
The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.
2023-11-24
@JohnReedStark I actually don't think he's a fight risk. Who is going to throw away an 18 month slap on the wrist to be international fugitive? He's going the Arthur Hayes way out.
Bloomberg
The US asks a court to reverse its decision to let Changpeng Zhao return to the UAE ahead of his February 2024 sentencing, citing his “substantial” flight risk
2023-11-23
@JohnReedStark I actually don't think he's a fight risk. Who is going to throw away an 18 month slap on the wrist to be international fugitive? He's going the Arthur Hayes way out.
Bloomberg
The US asks a court to reverse its decision to let Changpeng Zhao return to the UAE ahead of his February 2024 sentencing, citing his “substantial” flight risk
Over the government's objection, a US magistrate judge on Tuesday granted the multi-billionaire's request to return to the UAE before his February sentencing.
2023-11-21
Tether is freaking the fuck out. https://www.bloomberg.com/...
Bloomberg
Sources: the US DOJ seeks $4B+ from Binance as part of a proposed resolution of a years-long probe; CZ would still potentially face criminal charges in the US
I wonder why Tether doesn't want to disclose where their “customers” money is... Tether deposited $1bn at investment group founded by Tory donor, funds from the world's largest stablecoin issuer are at the centre of a High Court battle. https://www.ft.com/...
Financial Times
Filings: Tether deposited $1B+ with Britannia Financial, founded by a Tory donor later charged by the US with bribery, a rare look at its banking relationships
Funds from the world's largest stablecoin issuer are at the centre of a High Court battle — Tether deposited more than $1bn …
2023-10-14
Tether replaces the sock puppet CEO JL van der Velde with Paolo Ardoino. On Friday the 13th. I guess now the Tether CEO can do interviews and refuse to answer any real questions. Trouble is, Giancarlo Devasini runs the show. Not Paolo or JL van der Velde. [image]
The Block
Tether promotes long-time CTO Paolo Ardoino to CEO, starting in December, and plans to become a “tech-centric organization”; the current CEO will be an advisor
Tether Appoints CTO Paolo Ardoino as CEO Helen Partz / Cointelegraph : Tether stablecoin firm appoints CTO Paolo Ardoino as CEO Chayanika Deka / CryptoPotato : Paolo Ardoino Takes ...
2023-10-13
Tether replaces the sock puppet CEO JL van der Velde with Paolo Ardoino. On Friday the 13th. I guess now the Tether CEO can do interviews and refuse to answer any real questions. Trouble is, Giancarlo Devasini runs the show. Not Paolo or JL van der Velde. [image]
The Block
Tether promotes long-time CTO Paolo Ardoino to CEO, starting in December, and envisions becoming a “tech-centric organization”; current CEO will be an advisor
- Stablecoin issuer Tether promoted its long-time CTO Paolo Ardoino to CEO as it envisions becoming a “tech-centric organization.”
2023-09-21
Tether printing tethers out of thin air and calling them loans. Give tether shitcoins you print out of thin air as collateral. It worked great for Luna. When you can't dump your shitcoins without crashing the market you can count on Tether bailout. https://www.wsj.com/...
Wall Street Journal
Tether confirms resuming lending its stablecoins to clients, less than a year after committing to end such loans; $5.5B of its assets were loans as of June 30
Cryptocurrency issuer had said it would cut loans to zero in 2023 — Tether Holdings resumed lending out its own stablecoins to customers …
2023-09-13
No shit, really? This is all news to me. I literally had no idea. Anyways, over 95% of all crypto trades are wash trades. Centralized or decentralized. https://www.bloomberg.com/...
Bloomberg
Solidus Labs: wash trading, used to boost a token's price and volume, on Ethereum-based decentralized exchanges amounted to $2B+ of crypto since September 2020
- Liquidity providers have manipulated prices of 20,000 tokens — Solidus examined a sample of 30,000 pools on three exchanges
2023-09-07
Circle @jerallaire is losing to a fraud, he's too chicken shit to call Tether the fraud that it is, because he knows the collateral damage. He's the guy that plays poker for money, watches other players cheat, and just gets taken. https://fortune.com/...
Fortune
A profile of Circle, after secondary market shares of the USDC developer traded at a ~$4.8B valuation in August 2023; Circle was valued at ~$8B in April 2022
lots of first-time details on one of the most important firms in crypto https://fortune.com/... @bitfinexed : Circle @jerallaire is losing to a fraud, he's too chicken shit to call...
2023-08-30
There it is! Britannia Bank & Trust provides services to the proven Tether fraud. The company that has repeatedly lied about their reserves, falsified documents to open bank accounts, and even allowed terrorists to use their bank accounts. https://www.bloomberg.com/...
Bloomberg
Sources: Tether added Britannia Bank & Trust, a privately held bank operating in the Bahamas, to process dollar transfers, as US banks cut crypto ties
Bloomberg :
2023-08-24
Binance and Tether are up next. Both are laundering money for terrorist organizations. Knowingly.
Blockworks
The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations
Katherine Ross / Blockworks :
2023-08-23
Binance has no banking ability and the only way out is through their so-called “p2p” service which in reality is bank fraud/money laundering. Imagine withdrawing through p2p and finding out that you were paid with a bank account that was hijacked. ☠️ https://www.wsj.com/...
Wall Street Journal
Investigation: despite scaling back in Russia in 2022, Binance continues to handle substantial ruble trading, helping clients evade sanctions via intermediaries
Binance is helping Russians move money abroad, potentially adding to its sprawling legal problems in the U.S. The cryptocurrency giant …