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VOICE ARCHIVE

@du09btc

@du09btc
23 posts
2024-03-15
@nayibbukele @simplykashif That's a president of a nation state folks. Think about it!
2024-03-15 View on X
CoinDesk

El Salvador moved 5,689.68 BTC, “a big chunk” or ~$400M worth, into a cold wallet this week; public trackers had estimated El Salvador had less than 3,000 BTC

The Central American nation moved $400 million in BTC into a cold storage wallet this week.

2023-03-24
Say goodbye to that juicy L2 called #base 👇 The SEC is suing everyone of any importance in crypto in the US. I don't see how #base L2 can take off if their developers will be sued next. 🙄 #Coinbase may permanently relocate outside of the US as a result. https://twitter.com/...
2023-03-24 View on X
CNBC

Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

2023-03-23
Say goodbye to that juicy L2 called #base 👇 The SEC is suing everyone of any importance in crypto in the US. I don't see how #base L2 can take off if their developers will be sued next. 🙄 #Coinbase may permanently relocate outside of the US as a result. https://twitter.com/...
2023-03-23 View on X
CNBC

Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.

2023-03-10
This gives me #Terra / #Luna / #UST vibes. I see some support at $50 for #SIVB or Silicon Valley Bank. However, we all know what happens when trust vanishes and people panic, right? RIGHT? “We have decided to suspend withdrawals due to market conditions.” 🤡 https://twitter.com/...
2023-03-10 View on X
Bloomberg

Email: VC firm Greenoaks warned founders of potential problems at SVB in November 2022; a source says over 12 portfolio companies withdrew ~$1B in recent months

Venture investment firm Greenoaks Capital Partners warned its startup founders of potential problems at SVB Financial Group's Silicon Valley Bank …

This gives me #Terra / #Luna / #UST vibes. I see some support at $50 for #SIVB or Silicon Valley Bank. However, we all know what happens when trust vanishes and people panic, right? RIGHT? “We have decided to suspend withdrawals due to market conditions.” 🤡 https://twitter.com/...
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

2023-02-18
The #Terra #Luna #UST scam was perpetuated since 2021 with full knowledge that the peg mechanism was a fraud. Do Kwon always knew what he was doing. https://twitter.com/...
2023-02-18 View on X
The Block

Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing

Published 1 hour and 25 minutes earlier on  — Jump is the unidentified “U.S. trading firm” …

“Do Kwon is innocent.” https://twitter.com/...
2023-02-18 View on X
The Block

Sources: Jump is the unnamed “US trading firm” that the SEC said helped support the TerraUSD stablecoin in May 2021; the SEC has not accused Jump of wrongdoing

Published 1 hour and 25 minutes earlier on  — Jump is the unidentified “U.S. trading firm” …

The #Terra #Luna #UST scam was perpetuated since 2021 with full knowledge that the peg mechanism was a fraud. Do Kwon always knew what he was doing. https://twitter.com/...
2023-02-18 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...

“Do Kwon is innocent.” https://twitter.com/...
2023-02-18 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation...

2023-02-17
The #Terra #Luna #UST scam was perpetuated since 2021 with full knowledge that the peg mechanism was a fraud. Do Kwon always knew what he was doing. https://twitter.com/...
2023-02-17 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …

“Do Kwon is innocent.” https://twitter.com/...
2023-02-17 View on X
Bloomberg

The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value

The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …

2023-02-13
#BUSD is an unregistered security. SEC to sue #Paxos, issuer of BUSD. #Binance played smart to not issue it themselves. Is this how Circle and USDC decided to hit back at Binance? Meanwhile USDT market cap goes up. 🤣 https://twitter.com/...
2023-02-13 View on X
Wall Street Journal

Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties

Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …

Don't want to FUD, but maybe it's time to look for alternatives to #Binance ⚠ Looks like the SEC has a clear target in mind. This is not so much about #Paxos but the big elephant in the room. @PaxosGlobal would not leave $16 bil in #BUSD on the table unless it was serious. https://twitter.com/...
2023-02-13 View on X
Wall Street Journal

Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties

Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …

2023-02-10
RIP #Ethereum Long live the king #Bitcoin If staking is banned in US, 95% of altcoins are rekt. Guess what coin will pump? #Vertcoin https://twitter.com/...
2023-02-10 View on X
Bloomberg

Brian Armstrong says Coinbase has heard “rumors” the SEC wants to “get rid of” crypto staking for retail investors, which “would be a terrible path for the US”

Now Comes The SEC Helen Partz / Cointelegraph : Community urges Coinbase to relist XRP as CEO fights for staking YouTube : Staking-as-a-Service | Office Hours with Gary Gensler Tru...

2022-12-13
Turns out the #SEC is not that useless after all. They charged Sam for defrauding investors. Read it in full: https://www.sec.gov/... https://twitter.com/...
2022-12-13 View on X
U.S. Securities and Exchange Commission

The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019

Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors

2022-12-12
How to create FUD against #Binance 101. 👇 Take news from 2018, recycle it and turn it into Breaking News in 2022 as revenge for #FTX collapse. If you did not know, #CoinDesk is owned by Digital Currency Group or the ones behind Grayscale which is in trouble lately... https://twitter.com/...
2022-12-12 View on X
Reuters

Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and have discussed a plea deal

Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation …

2022-12-07
Is #Sushi due to close shop? Only 1.5 years of runway left in the Treasury. 👇 Below some words from the CEO who's getting 500k #USDC base salary + 1 mil #Sushi tokens in bonuses. I don't recall Satoshi being paid. Governance is EXPENSIVE! Source: https://forum.sushi.com/... https://twitter.com/...
2022-12-07 View on X
CoinDesk

Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M

Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are implemented.

2022-12-05
The problem was always #Alameda: 1️⃣ User deposits #BTC to #FTX 2️⃣ Alameda borrows said BTC in exchange for #FTT 3️⃣ Alameda gambles and loses said BTC 4️⃣ FTT collateral is useless, #FTX is insolvent 5️⃣ Users withdrawals stop #FTX was a cash cow for Alameda, not an exchange.
2022-12-05 View on X
The Block

SBF claims FTX CEO John Ray is not working with him, not replying to messages, and made false statements, while dodging questions on Alameda and loaning funds

- Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he's been iced out after the firm filed for bankruptcy protection.

The problem was always #Alameda: 1️⃣ User deposits #BTC to #FTX 2️⃣ Alameda borrows said BTC in exchange for #FTT 3️⃣ Alameda gambles and loses said BTC 4️⃣ FTT collateral is useless, #FTX is insolvent 5️⃣ Users withdrawals stop #FTX was a cash cow for Alameda, not an exchange.
2022-12-05 View on X
Financial Times

Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital

Exchange's former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau …

2022-12-02
Imagine receiving a round of applause for creating a 10 billion dollar ponzi. 😲 The world has lost touch with reality. #SBF #FTT #FTX https://twitter.com/...
2022-12-02 View on X
New York Times

A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more

FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.