Last night between midnight and 2am, they tried to pass two bad versions of FISA…
Both would have allowed Feds to unconstitutionally spy on Americans.
We stopped both versions, but the fight isn’t over. Eventually, it was decided to give them two more weeks to fix FISA.
Bounty Increased to $2.5M: @TheWhiteWhaleHL vs @MEXC_Official - Grab Your Share Today!
Updates Below
Original Post:
https://t.co/V4F2mYSLMF
Day Two Post:
https://t.co/Sl0AD0FpTG
Effective immediately I am increasing the overall bounty to $2.5M.
Look - I never wanted to be this guy.
The anonymous whale who emerged from nowhere, made $100M in crypto in just a few months, and then turned around and shared everything he learned - for free. That’s who I wanted to be.
I didn’t want to be the guy exposing my flaws in front of the world - showing the human side that makes mistakes (like trusting @MEXC_Official ). And I never set out for my legacy to be “The Whale Who Took a Stand Against a Corrupt Exchange.”
I just want to be the guy who’s providing a good life for his family. If the insights I share along the way help others do the same, that’s what matters most to me.
But I can’t stand bullies. I never could. Even as a kid, I felt a deep, burning hatred for anyone who preyed on others. It still makes my blood boil - probably more than it should.
Since going viral with my story I have sadly read MANY other stories of users having identical experiences with @MEXC_Official
We can all probably agree: exchanges should provide a safe environment for everyone. No legitimate, for-profit business wants to become a haven for illegal activity. So yes - some level of safety and security measures are necessary in the centralized space to protect the platform itself.
But the problem is the imbalance. Most exchanges offer no real protections for their customers. They act as judge, jury, and executioner - hiding behind remote jurisdictions that make legal recourse nearly impossible.
They get away with these atrocities for one reason:
Because they can.
And that makes them bullies.
We’ve definitely gotten their attention.
As a former founder and CEO, I can only imagine the crisis meetings happening at MEXC right now. But they’re failing - failing to resolve this issue, despite having a direct communication line to me.
Their only proposed solution? That I fly to meet them in person.
I’m not a dog to come when summoned - not for any amount of money. And I don’t need to. Because they can’t even follow their own rulebook, which makes no mention of in-person KYC requirements.
Most of CT is watching. They have a chance to do the right thing.
But let’s up the stakes. Let’s make more noise.
An additional $250,000 will be added to the pot that YOU share (details in original post) and an additional $250,000 will be donated to verified, legitimate charities (receipts will be provided).
And if you, my community, have any other creative (non-violent and legal) suggestions on how we turn up the pressure - I'm all ears.
I want to make sure these games stop. Not everyone has a microphone as loud as mine. We need to remind them: the minnows are becoming sharks - and yes, even whales.
We’re not your prey anymore.
🫡 From the depths —
The White Whale 🐋
USA/Canada vs Rest of World
The next drinks drop, "Ship Rekt", will be split into two mints:
1. USA/Canada
2. Rest of World
The region that sells out first will earn 25% more DRANK points.
Who you betting on? 👇
$REKT, the first ever "brand coin".
Obviously I have been making a lot of noise about REKT over the past few days. One of the most common questions I have received is:
WTF is $REKT and how does it relate to @RektBrands, @RektDrinks etc?
I will do my best to offer my perspective of “why $REKT?”.
Forewarning - this is a reasonably lengthy read and if you are completely new to REKT you will need to read the whole thing as the story is relevant. If you can’t be bothered to read it all that’s fine because our goal is primarily to attract those who see and believe in the longer-term vision.
Background & Timeline
Rektguy NFTs — We started with an experimental FREE mint of 8,814 NFTs in May 2022. Zero proceeds and zero roadmap.
Community Growth — We formed an extremely strong community because:
- We weren’t extractive and acted with genuine intent.
- Everyone in crypto (and life) can relate to being "rekt".
- It launched just before a brutal bear market, which made the theme extra relatable.
From Meme to Brand — In summer 2023, we saw potential to scale “REKT” beyond NFTs. The logo (my handwriting) felt very brandable. We chose drinks as our physical product—mass marketable, and on-brand with Rektguy holding one. The drinks are simply flavoured sparkling water; zero alcohol, zero caffeine and less than 5g of sugar per can. The idea is you can drink something healthy while actually looking/feeling cool.
Drink #1 — After some early 2024 hiccups, we manufactured 10k drinks for our IRL events. Feedback was unexpectedly great. We knew we had something special.
Web3 Integration — We flipped the token model: instead of on-chain engagement, we rewarded off-chain actions (buying drinks). Unlike other consume-to-earn models, we had a die-hard community ready to engage.
Equity Drop — In April 2024, we gave 10% of Rekt Brands Inc., the parent company that owns Rekt Drinks, to Rektguy NFT holders (5% claimed), using a Reg-CF-compliant structure. No promises were ever made around NFTs. This was about aligning community and company for real.
First Big Launch — We manufactured 250k drinks, putting 222k up for sale in Oct 2024. The US supply sold out in 4 hours, global supply was gone in 44 hours across 32 countries. Our numbers beat major UK sparkling water brands for daily volume in major retailers. Even if short-lived, it proved a point: web3 can scale IRL.
Capital Raise — In Nov 2024, we raised $1.5M via a SAFE from angels and friends—no VCs—to keep things community-first. People backed the vision (or just us) and believed in the chaos.
$REKT Token — Also in Nov 2024, we launched @RektCoin as a no-vesting memecoin airdrop to NFT holders, social questers, drink buyers, and the team. 39.2% was held for future rewards. FDV peaked at $130M, then dipped to $13M by March 2025 in line with the market.
Buyback — In April 2025, Rekt Brands Inc. bought $100k of $REKT at ~$20M FDV, believing it was undervalued using profits generated from the sale of Rekt Drinks. The flywheel had started.
Drop #2 — May 2025: we launched 223k drinks with @AbstractChain. Buyers earned $REKT and Abstract XP. The entire supply sold out in just 40 minutes worldwide. Rekt Brands Inc purchased an additional $100k in $REKT at an FDV of approximately $60m, still believing the token was undervalued.
This brings us to the present day, with the token sitting at an FDV of about $90m, with the $REKT airdrop from the Abstract collab having completed.
WTF is a Brand Coin?
While $REKT is a memecoin, if you have spent a lot of time in memecoins you will know that the term is actually rather broad. There are internet memes such as $PEPE, there are celebrity coins such as $TRUMP, there are culture coins such as $MOG, etc etc. These all fall into the category of a memecoin, and the common denominator for the most successful coins is that they are relatable and something a large group of people identify with. I feel BOTH of these points describe the feelings of our community to the concept of REKT.
However, REKT is not a concept that fits into any of the former sub-categories. @RektBrands is a brand that encompasses a range of ideologies including aggressive risk taking, degeneracy and the ability to survive even when you’re down bad. @RektDrinks are the tangible engine to the brand, but like Red Bull or Monster Energy, REKT is more than just a drinks company, it’s a way of life.
Now, let’s say you’re a fan of an upcoming brand (in any industry), you probably buy a lot of their products and express some loyalty to them, and are rooting for them to make it big. One day you will boast about how you “found them first”. However, beyond bragging rights, you have nothing to really show for your vision.
Now, imagine that this brand had an official coin. The coin does not own any of the IP or technically benefit from any of the company’s revenues unless the company decided to buyback the coin like Rekt Brands has, however, it is an asset that appreciates in price due to speculation, attention and an improving sentiment for the company it references. It is not a security or a financial instrument, it has no inherent value, yet its price moves up as the company expands and gains success.
Now as the brand succeeds, you can show off how early you were, how much you supported and believed in the vision. Additionally, as the brand succeeds and the brand coins price increases, not only did the brand and its shareholders win, you won too. The brand also has a mechanism to easily track who believed and followed them, who supported at every opportunity.
This is, what I am officially classifying as a “brand coin”. A brand coin is a token for supporters of a brand; it’s for fans who may not have the opportunity or capital to invest in a private seed round, but should be rewarded for their loyalty and playing an instrumental part in a brand’s success.
And this is exactly what $REKT is.
Does $REKT own the Rekt IP? No. Does $REKT earn revenues from @RektDrinks sales? Not strictly. Does $REKT share company profits with its holders? No. However, if @RektBrands and @RektDrinks becomes a globally recognised brand, will $REKT appreciate in price? The answer is almost certainly yes, not to mention Rekt Brands Inc. has also been repurchasing $REKT from drinks revenues.
Final Thoughts
If you have made it this far then you are my target audience. If you are bored of punting around mindless memecoins of random animals and are looking for something with a real story, I think $REKT is extremely exciting. We are not the first “consume to earn” project, however, I do think we are onto something and the numbers speak for themselves. I believe this is a cool opportunity to buy into an underdog story, and I am certainly all in on everything REKT. It’s important to understand how much people truly resonate with the word REKT and our goal is to make it a global brand. I believe we are already the most recognised “REKT” project within crypto, and our recent purchase of rekt dot com will also put us in pole position outside of web3. @iliketabz and I generally try to practice modesty, but just this once we will confess that we set ourselves extremely high standards in life and have serially achieved them; REKT will be no different.
Ready to get Ship Rekt?
Mint your NFT(s) on OpenSea at noon ET tomorrow (6/3), each of which will be redeemable for a 24-pack of @rektdrinks Ship Rekt.
Be sure to mint from your region's link! 👇
USA/Canada: https://t.co/CsuXG2U2np
Rest of World:
https://t.co/EI279CIKrq
The world's first bitcoin life insurance company.
@ztownsend raised money from Sam Altman, Lachy Groom, and Google's VC arm to do it.
Everything is denominated in bitcoin, including their P&L & policies.
Fascinating idea. Full episode on X.
LISTEN: https://t.co/Wi4wyL9GHE
There was $631 million of net inflows to the spot bitcoin ETFs yesterday.
That is 14x more demand than the network produced in the same day.
I don't think people understand the magnitude of what is happening right now.
Current Debt Levels:
1. Household Debt: $17.1 trillion
2. Mortgage Debt: $12.0 trillion
3. Auto Loans: $1.6 trillion
4. Credit Card Debt: $1.0 trillion
All of these balances are at a RECORD high.
Current Interest Rates:
1. Credit Card Debt: 25%
2. New Car Loans: 14%
3. Used Car Loans: 9%
4. 30Y Mortgage: 7.5%
The worst part?
Student loan payments are set to resume in one month. Total student loan debt just hit $1.6 trillion.
Will consumers be able to handle student loan payments on top of all of this?
Debt problem is an understatement.
$1,000,000 per #bitcoin
"The more uncertainty and volatility in the global economies, the more our confidence in #bitcoin increases. It's a hedge against inflation", explains @CathieDWood
If Congress allows this obvious conflict of interest circus under @GaryGensler to continue beyond this summer, we need to vote every single one of them out.
This is corruption at its finest.