Luca Land

Don't trust, verify.

Warning: #Tether exposed here.

[Luca Land @LucaLand97]

I decided to take the time to organize all the tweets I made that I consider the most important:

1) Frequently asked questions about Tether: https://t.co/ubnaps4Xd4

2) Central bank of the Bahamas quarterly statistical digest, May report: https://t.co/oaB79MovhN

[Luca Land @LucaLand97]

Central bank of Bahamas' quarterly statistical digest is out.
We can see that between February and March in the Summary of Foreign Liabilities foreign currencies went from 5.7B to 7B.

Remember when Deltec executives were defending Tether saying they had the cash?

[SEC Chair Gary Gensler Archive @GenslerArchive]

Today’s action, yet again, makes plain that the crypto markets suffer from a lack of regulatory compliance, not a lack of regulatory clarity.

[Luca Land @LucaLand97]

What?
An exchange can't just create a token out of thin air and sell it because is an unregistered security?

[SEC Chair Gary Gensler Archive @GenslerArchive]

We @SECGov charged Genesis & Gemini for the unregistered offer & sale of crypto asset securities through Gemini Earn.

Crypto intermediaries need to comply with our securities laws. This protects investors. It promotes trust in markets. It’s not optional. It’s the law.

[Luca Land @LucaLand97]

Oh wow NEXO was just declared a pyramid scheme, who would've ever tought...

[Luca Land @LucaLand97]

I bet $NEXO will go down as the next crypto ponzi scheme

[Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 @Bitfinexed]

Probably just FUD.

[Luca Land @LucaLand97]

@WatcherGuru That's false, he said he would donate everything to charity

[Luca Land @LucaLand97]

@saylor @MicroStrategy

[Luca Land @LucaLand97]

$GBTC chart looking really ugly

[Luca Land @LucaLand97]

Wow so you're telling me that anyone can:
- open an offshore crypto exchange
- use customers money to do whatever he/she wants
- pretend to lose everything
- go to jail for a few days
- pay the bail with customers money
- enjoy life as a billionaire

[Miles Deutscher @milesdeutscher]

Alameda wallets are active again, and seem to be dumping multiple tokens for $BTC.

This is just a few days after SBF arrived back home.

[Luca Land @LucaLand97]

Instead of having less, imagine having none.

They can't steal anymore from you.

Problem solved.

[sunnydecree @sunnydecree]

#Bitcoin fixes this.

[Luca Land @LucaLand97]

I still believe that #SBF can make it all back in one trade

[Luca Land @LucaLand97]

@Bitfinexed Just use customers money to buy a failed Ponzi scheme, what could go wrong?

[Luca Land @LucaLand97]

@rovercrc

[Luca Land @LucaLand97]

Well...

[Luca Land @LucaLand97]

$140 --> $4

Should've shorted that.

[Luca Land @LucaLand97]

This coin is 1 week old and it's in the top 10 on coinmarketcap, where can I short it without using Tether?

[Luca Land @LucaLand97]

@dkcrypto13 Luckily I did not

[Luca Land @LucaLand97]

This coin is 1 week old and it's in the top 10 on coinmarketcap, where can I short it without using Tether?

[Luca Land @LucaLand97]

@WhaleChart No problem, they'll pay it with customers funds

[Luca Land @LucaLand97]

People celebrating a 5 years old price level

[Watcher.Guru @WatcherGuru]

JUST IN: $18,000 #Bitcoin

[Luca Land @LucaLand97]

I've had this Twitter notification stuck since Monday.

Unbelievable to think that SBF was peacefully chatting in that Twitter space while videogaming and now he's in jail.

Don't do fraud.

[Luca Land @LucaLand97]

Oh god, there's FOUR of these

[Whale Alert @whale_alert]

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 500,000,000 #USDT (500,299,999 USD) transferred from Tether Treasury to #Binance

https://t.co/IfrQgLWRs1

[Luca Land @LucaLand97]

This was right after the #FTX blowup.

Why #Tether needed 1B $USD cash to survive after that?

This should tell you everything.

[TRON DAO Reserve @trondaoreserve]

To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve will purchase total 1 billion USDT. You may see the change of balance on https://t.co/L52UWqhmkR and all the reserve will be in CEXs.