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VOICE ARCHIVE

Dylan LeClair

@dylanleclair_
82 posts
2023-11-23
While highlighting all of the Binance red flags, everyone was assuming it was suggesting an FTX repeat, when reality is suggesting the BitMEX analog is more accurate. Expect a slow bleed of Binance's relative dominance.
2023-11-23 View on X
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.

While highlighting all of the Binance red flags, everyone was assuming it was suggesting an FTX repeat, when reality is suggesting the BitMEX analog is more accurate. Expect a slow bleed of Binance's relative dominance.
2023-11-23 View on X
CNBC

Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws

2023-11-22
While highlighting all of the Binance red flags, everyone was assuming it was suggesting an FTX repeat, when reality is suggesting the BitMEX analog is more accurate. Expect a slow bleed of Binance's relative dominance.
2023-11-22 View on X
CNBC

Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws

- The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.

2023-11-20
OpenAI just nuked itself from within in 72 hours. Absolutely incredible.
2023-11-20 View on X
TechCrunch

Satya Nadella says Sam Altman, Greg Brockman, and OpenAI staff will join Microsoft's new “advanced AI research team” and Microsoft remains committed to OpenAI

Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” …

2023-10-27
imagine being SBF's lawyer [image]
2023-10-27 View on X
Financial Times

In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda

Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present

2023-10-20
*NYAG FILES COMPLAINT AGAINST GEMINI, GENESIS, DCG, MICHAEL MORO AND BARRY SILBERT OVER EARN PRODUCT AND COVERING UP $1 BILLION HOLE - THE BLOCK ooooof [image]
2023-10-20 View on X
Fortune

New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+

and secured mostly by FTT [image] Bryan Brinkman / @bryanbrinkman : @NewYorkStateAG I'm a New York resident who uses Gemini, banning them will only force us to use offshore crypto ...

2023-07-25
Do not buy Worldcoin. Do not visit the Orb. Do not scan your iris. These people are frauds.
2023-07-25 View on X
Financial Times

The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning “orb”, in 35 cities; Worldcoin plans to retain 20% of its tokens

More than three years ago we founded Worldcoin with the ambition … Manish Singh / TechCrunch : Sam Altman's Worldcoin eyeball-scanning crypto project launches Binance : Binance Wil...

Do not buy Worldcoin. Do not visit the Orb. Do not scan your iris. These people are frauds.
2023-07-25 View on X
Financial Times

Sam Altman's fission startup Oklo and life-extension startup Retro, alongside OpenAI and Worldcoin, may reshape society and will draw regulatory scrutiny

OpenAI chief says public sector has ‘lack of will’ to lead innovation  —  Sam Altman rolled out a new project to distinguish humans …

2023-07-24
Do not buy Worldcoin. Do not visit the Orb. Do not scan your iris. These people are frauds.
2023-07-24 View on X
Financial Times

The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning “orb”, in 35 cities; Worldcoin plans to retain 20% of its tokens

Start-up co-founded by OpenAI chief faces regulatory pushback in US  —  Sam Altman's cryptocurrency project …

2023-07-15
Binance to lay off 1,000 employees. It's a smart move if you're looking to lower burn rate and need some more cash. Why not sell a silver of the billions of $BNB you warehouse on your balance sheet? It's “worth” $38 billion after all... There are no real buyers.
2023-07-15 View on X
Wall Street Journal

Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff

Crypto exchange reduces workforce as Justice Department investigation continues  —  Binance, the giant crypto exchange …

2023-07-14
LOL this timeline is hilarious
2023-07-14 View on X
CoinDesk

After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token

U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.

2023-06-07
SEC suing Binance & Coinbase in back to back days. None of this is the slightest bit surprising. Whether you like it or not is a different story - but it's the reality. They were always going to throw the book at this ‘industry’.
2023-06-07 View on X
Bloomberg

A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal

SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …

Withdraw from Binance US if you have any funds on the platform. https://twitter.com/...
2023-06-07 View on X
CoinDesk

Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies

The filing comes a day after the SEC sued Binance.  —  The U.S. Securities and Exchange Commission (SEC) asked a court to grant …

2023-06-06
SEC suing Binance & Coinbase in back to back days. None of this is the slightest bit surprising. Whether you like it or not is a different story - but it's the reality. They were always going to throw the book at this ‘industry’.
2023-06-06 View on X
Bloomberg

The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+

The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.

2023-03-24
They're going to attempt to limit/block the exit ramps to bitcoin exchanges as the banking system gets run. It's starting.
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
They're going to attempt to limit/block the exit ramps to bitcoin exchanges as the banking system gets run. It's starting.
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.

2023-03-13
The Fed's newest credit facilities allows banks to borrow against their long duration bonds at par, despite the historic drawdown. SVB went all in on bonds at the generational top, and yet would have never failed if these facilities were in place just last week.
2023-03-13 View on X
U.S. Department of the Treasury

The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …

2023-03-10
On a more serious note there is more liquidity & pristine B/S in the banking system today than there was leading up to the GFC Silicon Valley Bank $SIVB is getting hammered today (-60%) because they took all of their deposits from the VC boom & YOLO longed the bond market top
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 …

On a more serious note there is more liquidity & pristine B/S in the banking system today than there was leading up to the GFC Silicon Valley Bank $SIVB is getting hammered today (-60%) because they took all of their deposits from the VC boom & YOLO longed the bond market top
2023-03-10 View on X
The Information

Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K

Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” …

🚨🚨New York Attorney General claims that Ethereum is a security in Kucoin lawsuit🚨🚨 https://twitter.com/...
2023-03-10 View on X
CoinDesk

New York's AG sues KuCoin, alleging the Seychelles-based crypto exchange offers tokens, such as ETH, that meet the definition of a security, without registering

A press release said the lawsuit was part of ongoing “efforts to crack down on unregistered cryptocurrency platforms.”