Kumanan | A&M Crypto

Managing Director and Co-Head of Crypto at A&M | Largest global crypto advisor

[Kumanan | A&M Crypto @KumananKR]

@alexandersblume Great event @alexandersblume

[Kumanan | A&M Crypto @KumananKR]

@nickducoff Travel across multiple platforms plus Amex travel. I’m now trying to replicate it on Hermes with a locally hosted LLM to give it more sensitive creds vs handing over to instinct.

[Kumanan | A&M Crypto @KumananKR]

@ShanAggarwal 🚀🚀🚀

[Kumanan | A&M Crypto @KumananKR]

A&M Crypto is co-hosting a dinner at Money2020 in LV along with @solana @Bullish @Mastercard @Loopscale (now @formation_so), @alvarezmarsal and @maplefinance

https://t.co/bI4SdSQVwB

[Kumanan | A&M Crypto @KumananKR]

Alvarez & Marsal was pleased to advise on the merger of @orca_so and @Loopscale to form @formation_so, a New York-headquartered platform bringing together trading, liquidity, credit and capital allocation infrastructure to accelerate the growth of tokenized assets and onchain finance.

Formation brings Orca's trading and liquidity infrastructure together with Loopscale's credit and vault infrastructure. Built on both protocols, Formation gives issuers a unified path from issuance to scale and allocators a single venue to access those assets and the strategies built around them.

Congratulations to the Orca, Loopscale and Formation teams on this exciting milestone. We look forward to seeing Formation help shape the next generation of global financial infrastructure.

Learn more: https://t.co/f9PGOucDNK
More about A&M: https://t.co/DTgUvPxJER

[Loopscale @Loopscale]

Catch Loopscale Co-Founder @Luketruitt on "Growing the Pie: Why New Issuers and Allocators Are the Future of DeFi" at @token2049.

Alongside:
@JosephChee_, Solana Company
Heyryung Choi, Shinhan Asset Management
@0xkfei, SBI Holdings

Moderated by @EleanorTerrett, Crypto in America

MEXC Stage
Thursday, October 8, 12:30PM SGT

[Kumanan | A&M Crypto @KumananKR]

@tayvano_ You can bet that DPRK is increasing their Google AdWord campaign budget rn to capitalize on this post.

[Kumanan | A&M Crypto @KumananKR]

@andyyy @emirates Yeah same. I saw your meltdown, decided to skip the connection desk and ran over to another gate and almost got on KL flight but they couldn’t bc of no remaining meals. I was like I don’t need food!! Just landed though

[Kumanan | A&M Crypto @KumananKR]

@andyyy 100% serious, JFK to Dubai, I was on the same flight and I missed my leg too. I think I heard you shout “you took me off the flight without my consent!!”, it was an hour layover so I get it ha

[Kumanan | A&M Crypto @KumananKR]

Incredible work from @zachxbt.

[ZachXBT @zachxbt]

1/ How I infiltrated a Chinese organized crime syndicate that has laundered $1B+ across multiple exploits for Lazarus Group.

Posing as a client, I gathered intel that helped action freezes for the Feb 2025 Bybit exploit and attribute illicit activity onchain.

[Kumanan | A&M Crypto @KumananKR]

An evening with @wintermute_t at the @NYSE @EvgenyGaevoy

Congrats on becoming a US registered broker-dealer.

[SolanaFloor @SolanaFloor]

🚨JUST IN: @VelocityDEX, formerly Drift, co-founder @cindyleowtt is stepping down after five years as CEO.

The announcement follows Velocity’s public relaunch after the $285M hack in April.

[Alvarez & Marsal @alvarezmarsal]

A&M #Crypto Advisory’s latest Stablecoin Payment Activity Report explores where #stablecoin payments are gaining traction, what is driving adoption and what these developments could mean for the future of payments and financial services. Read more: https://t.co/JPE1nXyabc #AMon

[Kumanan | A&M Crypto @KumananKR]

On Tuesday, SDNY unsealed complaints against two Robinhood engineers who allegedly traded ahead of the company's own token listings using perpetual futures on Hyperliquid (a DeFi venue with no KYC requirements).

Each allegedly cleared $50K+ across 10+ listings between 2025 and early 2026.

What stands out is how ordinary the trail was (see images) 🕵‍♂️

The FBI didn't need exotic on-chain analytics. The wallets that traded HYPE, ASTER, ONDO and a dozen other tokens minutes before Robinhood listings were funded from exchange accounts registered in the defendants' own names.

All regulated exchanges get hit with subpoenas, so you issue one, get the identity, walk the addresses forward. Every entry, exit and hold time was sitting on a public blockchain ledger the whole time.

Three takeaways for anyone building or operating in this space:

1. Perps on a DEX are still commodities. Trading a derivative instead of the token, on a venue with no US license, changed nothing about the legal analysis. Commodities fraud and wire fraud, same as always.

2. Geoblocking isn't a defense. The complaint says it plainly: a VPN gets around the geofence, and prosecutors know it.

3. The moment a self-hosted wallet touches regulated rails, on-chain activity and off-chain identity converge. That is the design, not a bug...and it's why the public ledger has now become an enforcement advantage, not an obstacle.

The carousel walks through the alleged scheme, the trades, and how the wallets were tied back to identities.

Curious how compliance and surveillance teams at exchanges and market makers are thinking about DEX-venue monitoring after this one.

Click here for the SDNY press release: https://t.co/cCtYADzaPu

Learn more about A&M Crypto here: https://t.co/DTgUvPxbPj

Allegations only; both defendants are presumed innocent.

[Kumanan | A&M Crypto @KumananKR]

Imagine doing 20 years for front running the MEW memecoin on Hyperliquid after learning about an upcoming listing on Robinhood. Go get em Jamie! @SDNYnews

[Senator Cynthia Lummis @SenLummis]

This updated Clarity Act text reflects bipartisan hard work over August—specifying when decentralized-in-name-only DeFi protocols must register with the CFTC and limiting the DeFi provisions to spot and cash transactions, in response to Native American concerns about prediction markets. Overall, this text contains over 100 changes requested by Democrats. Let’s get this done!

https://t.co/7kDNvcDpF8

[BitMart @BitMartExchange]

Update on the Appointment of Alvarez & Marsal as Financial Adviser and Near-Term Action Plan

Dear BitMart Users,

Following careful consideration, BitMart has appointed Alvarez & Marsal ("A&M") as its external financial adviser. A&M will assist BitMart and its legal advisers in conducting an assessment of BitMart’s financial position, stakeholder issues and arrangements for orderly withdrawals, assist in evaluating available options, and support the development of a near-term action plan.

With A&M now engaged, BitMart intends to provide a further update within the next three weeks on a rolling basis regarding user feedback channels, the collection of user concerns, and the action plan. BitMart, together with A&M, will conduct an assessment of BitMart’s current operations, evaluate BitMart’s assets and financial position and assess potential paths forward, including the details of a possible orderly resumption of operations and alternative options that have been put forward by interested third parties, and take into account user feedback in this process.

In terms of immediate next steps:

· We are fully aware that users have significant concerns regarding withdrawal arrangements, asset status, and subsequent related procedures. All relevant data must be subject to verification by an independent financial adviser before being disclosed externally to ensure its accuracy and authenticity. This is the reason we engaged A&M. To facilitate the centralized collection of user opinions and feedback, BitMart will establish a dedicated web portal as a unified channel for comments on our action plan and future direction. Feedback received will be carefully considered and evaluated, and will be incorporated into our ongoing assessment and planning efforts. The link to the web portal will be made available and announced to all users via an official notice within 5 working days. As for important issues of general concern expressed by users on the portal, we will respond to them in due course through subsequent announcements and communications.

· BitMart also intends to appoint an independent third party in the near term to provide oversight of the company’s operations and safekeeping of assets during this period, helping to ensure that users’ interests remain protected.

We fully understand that the withdrawal restrictions imposed over the past period have inevitably caused unease, disappointment, and even anxiety among our users. We understand the inconvenience this has caused, and we greatly value our users’ right to express their concerns through reasonable and lawful channels.

At the same time, we sincerely call on all parties to maintain rational communication and to express their views and demands through lawful and appropriate means. We particularly hope to avoid any acts of harassment, threats, or invasion of personal privacy directed at individual employees. Over the past nine years, our users have always been the foundation of BitMart’s growth. Without our users, BitMart would not exist as it does today.

At this stage, our primary focus is on addressing the issues at hand and developing a near-term action plan. With the support of advisers, we also intend to establish a more structured, transparent, and constructive framework for communication and engagement with our users, and will provide regular progress updates.

Thank you for your continued patience and understanding while this work is undertaken.

For any immediate inquiries about this announcement, please contact: [email protected]

BitMart Team

🔗 https://t.co/T0jJbeEGfH

[Kumanan | A&M Crypto @KumananKR]

@reva_jariwala @MrBeast Wow!!

[Kumanan | A&M Crypto @KumananKR]

@syrupsid @maplefinance Let’s go @maplefinance 📈