BREAKING🚨 UNDER GARY GENSLER’S LEADERSHIP AS SEC CHAIRMAN, THE SEC IS CAUGHT COLLUDING WITH WALL STREET
EVERN WORSE… IT INVOLVES NAKED SHORT SELLING ⬇️
Internal communications reveal coordinated actions between the SEC, FINRA, and the broker-dealer lobby (FIF) related to $MMTLP, centering on unrecoverable loaned aka NAKED SHORT SHARES
Regulators and broker-dealers were aware the share count was inconsistent. The internal focus was not investor protection, but risk containment and loss mitigation for brokers.
Emails show concern that approving the S-1 as filed would have locked in substantial losses for lending brokers due to short positions that could not be closed following the $MMTLP trading halt… and guess what?? The SEC has NOT approved the companies S-1 for over 2 YEARS
🚨Press Conference Announcement🚨
Journalist Ann Vandersteel will hold a press conference tomorrow, January 12th, at 10:00 AM, in front of the SEC headquarters, demanding accountability for MMTLP investors and all retail investors.
The press conference will call for:
•A formal resolution for MMTLP investors
•An independent, audited share count
•Direct answers from the SEC regarding naked short selling
•Accountability for the SEC’s continued inaction in protecting companies and investors
The evidence points to regulatory failure and collusion that has left retail investors unprotected.
I call on ALL retail investors to help spread the word by reposting this post. We must expose regulatory inaction and hold our regulators accountable. ✅
$GME $AMC $MMTLP $OPEN $BYND $GNS $QNTM $BBBYQ $BBBY
to S&P regarding your Tether rating:
We wear your loathing with pride.
The classical rating models built for legacy financial institutions, historically led private and institutional investors to invest their wealth into companies that despite being attributed investment grade ratings collapsed pushing worldwide regulators to challenge such models, the independence and objective assessment of all major rating agencies.
The traditional finance propaganda machine is growing worried when any company tries to defy the force of gravity of the broken financial system. No company should dare to decouple itself from it.
Tether instead built the first overcapitalized company in the financial industry, with no toxic reserves. And yet is and remains extremely profitable. Tether is living proof that the traditional financial system is so broken that it's becoming feared by the emperors with no clothes.
So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots?
Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked @saifedean this very question.
His answer might surprise you... 👀👇
"If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time."
"To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said.
"If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money."
Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network.
"The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin."
You can find the full interview for @Cointelegraph in the 🧵.
If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!
🚨 Boycott JP Morgan! The Bitcoin community is rising against their support for MSCI's exclusion of crypto treasury companies. Real estate investor Grant Cardone just withdrew $20M, and Max Keiser urges: “Crash JP Morgan and buy Strategy and BTC!” #Bitcoin#BoycottJPM 🪙💥
Who else agrees that having @bgarlinghouse on the Joe Rogan Podcast would be one of the most effective ways to explain $XRP and @Ripple’s role to the masses? 🙋♂️
Can the #XRPCommunity make enough noise to pique @joerogan’s interest to make it happen?
I think we can all agree on a few things:
We have $36 trillion of national debt growing at a rapid rate, that must be refinanced and issued at a materially higher interest rate as our bonds come due and as new funds are needed.
We had a $1.8 trillion deficit in fiscal 2024.
There is an enormous amount of fraud, waste, and inappropriate spending in our government budget.
It is illegal and/or otherwise should not be permitted for our government to fund activities that it cannot do directly through NGOs and other non-profits.
@elonmusk has a proven ability to takeover dysfunctional organizations and turn them into highly functioning ones while massively reducing wasteful overhead and other spending. See Twitter.
@realDonaldTrump won the election with a mandate for eliminating wasteful government spending and ending regulations that interfere with our country’s progress.
President Trump announced during his campaign that Elon would be appointed to oversee @DOGE. In other words, the American people voted for and signed up for DOGE and Elon as its leader.
We are extremely fortunate to have one of our greatest business leaders and entrepreneurs devote a considerable amount of his limited time for free to help our country.
We are extremely fortunate that some of our most talented young people have signed on to help DOGE succeed.
DOGE is just getting started and has already identified a massive amount of waste and likely fraud, and has begun cutting a material amount of costs.
It is axiomatic that those who are beneficiaries of waste, fraud and unnecessary government spending will be the most threatened by the cuts that DOGE is making in these programs. These beneficiaries of waste and fraud are also extremely worried about the reputational, legal and potential criminal risk they will suffer by being exposed by DOGE.
The beneficiaries of government waste, fraud and inappropriate spending will protest loudly and state false reasons for why DOGE must be stopped because their careers and livelihoods are threatened and put at risk by DOGE’s success. I have seen this movie many times before, but in the corporate world.
The president has stated clearly that he is overseeing DOGE’s activities and that no important decisions will be made without his consent.
Our legal system will ensure that no laws are broken as DOGE executes on its important mission.
Other efforts over the last many decades to eliminate government waste and fraud have totally failed.
DOGE is our best hope for fixing our fundamentally flawed and highly ineffective bureaucratic system for running our country.
Elon and Trump will face enormous pressure and pushback from those who benefit from the current corrupt system.
All Americans must therefore make their voices heard loud and clear about how much they support DOGE, Elon and our president’s efforts to help our country. We cannot let DOGE fail as our country is rapidly on the path to insolvency.
Let’s not let our country down. Let’s do our part in making sure our Congressmen and Senators know that we are 100% behind the president, Elon and DOGE.
It’s the least we can do.