2025-01-31
I'm sure the famously liberal Facebook $META natives will be thrilled about this latest news from Mark Zuckerberg. No small number of conservatives are suspicious of Zuck's ‘transformation’ too. Honestly, who would trust Zuck, regardless of your political leanings? I sure as [image]
Business Insider
Leaked all-hands recording: Mark Zuckerberg told staff to “buckle up” for an “intense” year, said a changing policy landscape necessitated DEI changes, and more
Business Insider :
I'm sure the famously liberal Facebook $META natives will be thrilled about this latest news from Mark Zuckerberg. No small number of conservatives are suspicious of Zuck's ‘transformation’ too. Honestly, who would trust Zuck, regardless of your political leanings? I sure as [image]
Business Insider
In a leaked recording of an all-hands meeting, Mark Zuckerberg said Meta was slow to respond to TikTok's rise because “we didn't think TikTok was social”
- Mark Zuckerberg addressed several recent policy changes in a company all-hands meeting on Thursday.
2024-12-28
Running a crypto fraud ages you fast. Do Kwon is getting extradited to the United States to face criminal charges for his $LUNA $LUNC $UST $ANC schemes, after losing an appeal in Montenegro. He used to laugh at those of us who warned him that it would end poorly for him, often [image]
Bloomberg
Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea
Bloomberg :
2024-12-21
Do Kwon and the $LUNA crime scene continues to make waves, this time with Tai Mo Shan of Jump Crypto infamy being involved. When I say #TheUsualSuspects, I mean it. The same bad actors show up time and again. The crypto “market” is controlled by a very small subset of these
Bloomberg
Tai Mo Shan, part of Jump Trading's crypto unit, agrees to pay $123M to settle SEC's claims it misled investors about the stability of TerraUSD
David Scheer / Bloomberg :
Rumble $RUM (another David Sacks piece of work) is getting a “strategic investment of $775M” from good ol' Paolo Ardonio and the Tether $USDT fraud cartel boys, with Howard Lutnick and Cantor Fitzgerald helping broker the deal. What could possibly go wrong? h/t: [image]
CoinDesk
Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours
Stephen Alpher / CoinDesk :
2024-07-12
Arthur Hayes' crypto / #Bitcoin exchange Bitmex (already previously busted for money laundering) is back in the news and you'll never guess why. More money laundering! Literally every single Tether $USDT fraud crypto casino I warned about in 2021 has been involved with massive [image]
Axios
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
2024-07-11
Arthur Hayes' crypto / #Bitcoin exchange Bitmex (already previously busted for money laundering) is back in the news and you'll never guess why. More money laundering! Literally every single Tether $USDT fraud crypto casino I warned about in 2021 has been involved with massive [image]
Axios
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
- U.S. agencies are paying attention now, and they are aggressively reviewing those early practices, as we've seen again and again recently.
2024-05-07
Robinhood $HOOD has now received a Wells Notice, just like Coinbase $COIN did. It shows an intention for the SEC to sue, absent some other out of court remedy being reached before hand.
CoinDesk
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits
Aoyon Ashraf / CoinDesk :
2023-11-23
CZ lied to the very end, just like SBF. Just like I told you he would. Funny how that works. 🦜 [image]
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.
CZ lied to the very end, just like SBF. Just like I told you he would. Funny how that works. 🦜 [image]
Bloomberg
US filings: Binance's lax rules and staff misconduct helped Hamas, al-Qaida, and ISIS raise funds, let Iranians conduct 1.1M+ transactions worth $899M, and more
David Voreacos / Bloomberg :
2023-11-22
CZ lied to the very end, just like SBF. Just like I told you he would. Funny how that works. 🦜 [image]
Bloomberg
US filings: Binance's lax rules and staff misconduct helped Hamas, al-Qaeda, and ISIS raise funds, let Iranians conduct 1.1M+ transactions worth $899M, and more
David Voreacos / Bloomberg :
CZ lied to the very end, just like SBF. Just like I told you he would. Funny how that works. 🦜 [image]
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.
2023-11-21
@Ruben_Rotterdam @krakenfx What part of don't trust people who comingle customer funds / commit accounting violations is hard to understand? Did the crypto space learn nothing from FTX? No wonder you guys keep losing money to these outfits. Could they produce a clean audit today? I doubt it. [image]
CoinDesk
In a lawsuit, the US SEC accuses Kraken of commingling customer and corporate funds while operating as an unregistered broker, clearing agency, and dealer
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
2023-11-10
The irony of the Industrial and Commercial Bank of China #ICBC getting hit with a ransomware attack...when they're linked to the crypto ecosystem via #Tether $USDT fraud commercial paper...is honestly too rich. Now the US Treasury market is at risk. 🚩 Crypto is a #NatSec risk. [image]
Bloomberg
Experts say LockBit is behind the Industrial and Commercial Bank of China hack, a “ransomware as a service” group that hacked the UK's Royal Mail, among others
- LockBit is what's known as a ‘ransomware as a service’ group — It is one of the most prolific ransomware attackers in world
The irony of the Industrial and Commercial Bank of China #ICBC getting hit with a ransomware attack...when they're linked to the crypto ecosystem via #Tether $USDT fraud commercial paper...is honestly too rich. Now the US Treasury market is at risk. 🚩 Crypto is a #NatSec risk. [image]
Financial Times
A ransomware attack stopped the Industrial and Commercial Bank of China, the country's largest bank, from settling US Treasury and some equity trades
I've once again recently heard the famous words from a CEO, “We don't need your services, we are all covered.” … Tyrus Kamau : Ransomware attacks keep ravaging financial institutio...
2023-08-30
There's nothing more honest than crypto industry players based in the Bahamas 🇧🇸. Tether decided to use, #Deltec, #CapitalUnion and #Britannia banks because the Bahamian regulatory regime prevented disasters like #FTX. Everything is fine. 🫠
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 :
Nothing says “trustworthy crypto bank that #Tether loves” more than having a 26-year-old take the helm while daddy awaits trial. Ladies and gentlemen, welcome to #Britannia #BritanniaBank, new home of your $USDT reserves. I'm sure everything is just fine. 💣💥 [image]
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 :
2023-07-29
READ THIS THREAD SLOWLY. This is very important to understand just how much trouble several crypto platforms and auditors are in. Crypto “auditors” have largely ignored bad behavior on the part of the exchanges and stablecoins. If you own crypto, you need to read this.
The Block
The SEC's Paul Munter warns that the accounting firms working with crypto companies could be held liable for misleading public statements made by their clients
Colin Wilhelm / The Block :
2023-06-17
@zoomerfied @eliant_capital The fraudsters are scared, which is why their CEO and CFO are in hiding and these release nonsense blog posts like this: https://tether.to/...
Bloomberg
NY AG's documents: Tether once counted Chinese companies' securities among its reserves; in July 2022, Tether claimed not to be holding Chinese commercial paper
Bloomberg :
2023-06-16
@zoomerfied @eliant_capital The fraudsters are scared, which is why their CEO and CFO are in hiding and these release nonsense blog posts like this: https://tether.to/...
Bloomberg
NY AG documents: Tether once counted securities from Chinese companies among its reserves; Tether said in July 2022 that it held no Chinese commercial paper
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin …