🚨 BREAKING:
🇮🇷🇺🇸 IRAN SAYS THEY CAN'T FIND AGREEMENT OVER 2 OR 3 POINTS IN THE U.S. PROPOSAL
TASNIM REPORTS THAT IF THE U.S. CONTINUES TO BLOCK PROGRESS, THE DEAL WILL NOT BE FINALIZED
SOMETHING EXTREMELY BAD IS HAPPENING...
1/ An investigation into the opaque private loans/OTC, unilateral vesting changes, market maker coordination, unknown float, and >95% supply control behind $LAB's recent pump to $6B FDV.
Here's why @LABtrade_ represents everything wrong with the current meta of retail extraction on major centralized exchanges.
kelpdao caused a $292m exploit that left $196m in bad debt on aave. their contribution to recovery: $1m. that's 0.34% of the damage they created. etherfi and lido pledged $100m each despite zero fault. kelpdao still operates $1.33b in TVL like nothing happened. KERNEL only down 15%. the market is not pricing accountability. if you're still depositing into a protocol that blew up the largest lending market in defi and paid less than a rounding error to fix it, you need to reassess what trust means in this industry.
I am the smart contract engineer who built the function that lets one anonymous wallet freeze any token holder's assets in the President's crypto project.
I added it one week before trading opened.
Nobody told the investors.
At deployment, in September 2024, the contract was clean. Standard ERC-20. Auditable. The kind of contract you show to investors and say: "See? Decentralized." But we made it upgradeable.
Eleven months later, on August 24th, 2025 — one week before trading — I pushed the v2 upgrade. The blacklist function. The freeze authority, routed through a 3-of-5 multisig where a single externally owned address serves as both the guardian and a signer on the multisig.
One wallet. Two roles. Three of five votes to freeze anyone's tokens.
Anyone's.
We built a special vesting category. Category 3. There are 519 other investors. They're all in Category 1. Category 3 has exactly one member: Justin Sun, who put $75 million into the project. His allocation, isolated into its own bucket, governed by its own rules, monitored by its own triggers. But the blacklist function doesn't take a name. It takes a wallet address. Any wallet address.
Then, in November, I added what we call "batch reallocation." It can move tokens from any wallet to any other wallet, at any time, at the discretion of the admin. We told people it was a phishing recovery tool. That's phishing recovery.
The Trump family takes 75% of net proceeds from token sales. Eric Trump and Donald Trump Jr. manage the project. By December 2025, they had extracted roughly $1 billion. They hold another $3 billion in unsold tokens. The project calls itself decentralized governance. The governance token can be frozen by one person nobody will identify. That's governance.
Three days before everything went public, on April 9th, the project deposited 5 billion WLFI tokens into Dolomite — a lending protocol co-founded by WLFI's own Head of Technical Strategy, Corey Caplan — as collateral and borrowed $75 million. Sixty-five million of it in USD1, the project's own stablecoin. After the deposit, WLFI accounted for 55% of Dolomite's entire total supply. Ordinary depositors who'd lent USD1 to the pool couldn't withdraw. Their liquidity was locked so ours could be free.
Over $40 million of those borrowed funds went to Coinbase Prime. That's a fiat off-ramp. You borrow against your own token on a platform co-founded by your own Head of Technical Strategy in your own stablecoin, convert to cash, and call it treasury management.
Sun moved 55 million tokens to HTX over three days. Minutes after he activated his wallet, the multisig changed his Category 3 to allow 20% transferable. Then froze him the moment he transferred. They were watching in real time. He called it a backdoor. Used that word. "A trap masquerading as a door." We sent the cease-and-desist on April 13th. "See you in court pal," the project wrote.
Not for freezing his tokens. We can do that. The compliance module says so. The whitepaper says so. The single wallet controlling the multisig says so.
We're suing him for calling it what it is.
The function is not a backdoor. The function is a regulatory compliance mechanism that was absent from the original contract, added via an upgradeable proxy eleven months after a $75 million investment, one week before trading, into a custom vesting category built for a single investor, controlled by a single anonymous wallet, on a platform where the President's sons have already taken $1 billion in proceeds and borrowed $75 million against their own token on a lending protocol co-founded by their own Head of Technical Strategy in their own stablecoin three days before the largest investor went public.
That's compliance.
And if you're holding WLFI tokens right now, the same anonymous wallet that froze a billionaire can freeze you too.
I am a Web3 Ambassador at World Liberty Financial.
There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."
600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.
The distance is my best work.
I am the reason these events are unrelated.
World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.
Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.
Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.
Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.
Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.
Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.
On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.
The team page lists 3 Witkoffs. All 3 are Co-Founders.
Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.
His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.
The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.
Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.
On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.
Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.
600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.
A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.
My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.
The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.
I am the reason these events are unrelated.
CRO is no different from a scam
Your team just reissued 70B CRO a week ago that was previously burned “forever” in 2021 (70% total supply) and went against the community wishes as you control majority of the supply.
Unsure why Truth would chose a partnership with your exchange over Coinbase, Kraken, Gemini, etc after this move by your team.
h/t Unchained Crypto for the data
Berachain grift flywheel:
- Launch near the top of the cycle for maximum FDV
- Insta launch perps so VC's can short on perps and hedge their bags (see funding rate below rn)
- Allow VC's to stake their locked Bera bags and be able to sell the bera they earn before unlock just like TIA
- Throw small amount of airdrop at community to feign community vibez
Gross.
$ENA Liking the structure of this. Clean range. Lows swept, ideally wait for a reclaim of range mean for a move towards new ATH's.
On top of that, World Liberty Financial holds ENA as on of their DeFi investments.
Let's see.
Gm legends! I’m joining the 'NFT Legends Season' by @Mint_Blockchain and claim my share of 1% $MINT supply. Just grabbed 5 NFT Legend Boxes! 🍀✨
Check your eligibility and claim yours here: https://t.co/bXs11Qkjaf
Arthur Hayes (@CryptoHayes) unstaked 9M $ENA and deposited 7M $ENA ($8.44M) to #Binance 45 minutes ago, despite showing support for @ethena earlier today!
He previously withdrew 16.79M $ENA at ~$0.666 ($11.19M) from Binance between Nov 26 and 28, 2024 (tweet 👇).
He currently holds 9.96M $ENA ($11.7M), with 7.94M $ENA staked, and an estimated total profit of $8.71M (+78%).
Follow @spotonchain and check out the #ArthurHayes entity via https://t.co/DlE5mTuVmI