Steve Kanaval

Trading markets for 40 years

[Salvatore Linteum @PhantomBlack699]

🚨 BREAKING

DUE DILIGENCE GOD MICHAEL A.M.E HAS UNCOVERED A DAMNING TRAIL OF EVIDENCE CONNECTING FOX BUSINESS NEWS PRESENTER CHARLES GASPARINO AND JEFFREY EPSTEIN

THEY ARE TRYING TO COVER THIS UP

ANY COMMENTS @CGasparino

[Karen @Karen08862519]

https://t.co/tc5vTmEdRm

[Sneed @sneedweb]

The U.S. Court of Appeals for the Eleventh Circuit has officially ruled against Citadel Securities upholding the SEC’s position that the firm’s high-frequency trading practices involve exploitative tactics that drain more than $5 billion per year from individual investors.

This is a huge win for GameStop shareholders! $GME

[Roberto Rios @peruvian_bull]

no, you committed securities fraud Andrew. you didn't get in trouble for "recommending stocks", you lied about financial relationships to hedge funds and conspired to spread false narratives before shorting stocks like $NVDA and $GME

you are a criminal.

via @marketswithmay

[Milton Friedman Quotes @MiltonFriedmanW]

“If you pay people not to work and tax them when they do, don’t be surprised if you get unemployment.”

— Milton Friedman

[David @wallabyduk]

$ALP If I had a crystal ball. It might tell me that this stock was in the process of repeating a similar move to what we observed between the 8th and 14th May. Moves like this can sometimes indicate a liquidity sweep prior to a strong move upwards. That being said, trader sentiment is everything with small stocks such as these and the longer this stock sits below the $1 mark the stronger fears become of a reverse split. @AlphaCompute should do more to restore investor trust. I still have faith in this stock and am currently still holding a large position. Let's see if the company can follow through on promises.

[kristen shaughnessy @kshaughnessy2]

Andrew Left Found Guilty of Securities Fraud

“Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.

The verdict was handed down Monday in Los Angeles following a three-week trial and two full days of jury deliberations. Left was accused of using explosive tweets about dozens of companies to illegally influence their shares and make a quick profit.

Prosecutors said he earned about $20 million from such trades from 2018 to 2023….”

[Mike Lee @BasedMikeLee]

The rich get richer and the poor get poorer when government manipulates markets

Upward mobility becomes the norm with free markets

Choose free markets

[Milton Friedman Quotes @MiltonFriedmanW]

Milton Friedman:

“Wherever the free market has been permitted to operate, the ordinary man has been able to attain levels of living never dreamed of before.”

“Nowhere are the rich richer and the poor poorer than in those societies that do not permit the free market to operate.”

[Lightman @Lightman111]

🚨Alert!!! 🍪 New Spencer Pratt Music Video just dropped.

🍪 BAKING BAD 🍪

What started as cookies…
turned into a full underground LA movement.
Featuring:
🚁 desert helicopter raids
🚔 secret police escorts
🧢 PRATT street culture
🍪 outlaw cookie convoys
😂 total chaos

This feels like a lost Hollywood action comedy trailer.
Watch till the end 😂🔥
@spencerpratt #BakingBad #SpencerPratt #SaveLA #MayorOfLA #LosAngeles #VibeProductions

[Libertario 🟨⬛ @QuotesforGoal]

"Muchas personas quieren que el gobierno proteja al consumidor. Un problema mucho más urgente es proteger al consumidor del gobierno"

Milton Friedman

[Elon Musk @elonmusk]

💯

[Jack @Jackkk]

Mark Cuban explains how he pulled off one of Wall Street’s greatest trades

“When Yahoo offered us $5.7B in stock, I couldn’t sell it for six months”

“So what I did was I took every penny that I had and shorted the internet index as protection, basically taking insurance out in case the internet bubble popped”

“When I was allowed to sell it, because I couldn’t sell it all at once, it would just crater the market, so I did something called a hedge”

“What the hedge is, you can sell options. So I sold call options, which gave somebody else the right to buy my shares at a higher price in the future”

“I took that money and used it to buy puts, which protected me in case the price of my stock went down”

“When it popped, I actually made more money. It was called one of the top 10 trades in Wall Street history”

[Carl Moon 🌙 @TheMoonCarl]

THIS IS ACTUALLY INSANE!🤯

The FBI launched its own crypto token last year just to trap the scammers.

They were sick of pump and dumps. So they built a real token with a real site and real branding, called it NexFundAI, and waited to see who would show up.

Within weeks, scammers were lining up to fake the volume for undercover agents.

Then one of them got on a recorded call and said it out loud. Their entire business model was making regular people lose money so they could profit.

The FBI had all of it on tape.

18 charged. $25M seized. Arrests across 3 countries.

The wildest part? The FBI ran a cleaner crypto project than half the founders out there. And the whole thing was a trap from day one.

[Elja @Eljaboom]

🚨THE FBI CREATED A FAKE CRYPTOCURRENCY.. LISTED IT ON UNISWAP.. HIRED MARKET MAKERS TO PUMP IT.. THEN ARRESTED EVERYONE WHO SAID YES..

THIS IS THE CRAZIEST LAW ENFORCEMENT OPERATION IN CRYPTO HISTORY!!!

The FBI built an actual ERC-20 token on Ethereum called NexFundAI.. 100 billion token supply.. A professional website.. Whitepapers promising "passive income through AI-powered investing"..

It looked exactly like every other crypto project.. Because that was the point..

Undercover agents posed as the founding team.. Then reached out to professional market-making firms and said "we need you to fake our trading volume"..

Every single firm said yes..

Here's what they recorded..

Gotbit.. A firm run by a 26-year-old Russian who publicly bragged in 2019 that he built a business faking trade volumes.. His team kept internal spreadsheets with columns literally labeled "fake volume" vs "market volume"..

When asked how fast they could pump NexFundAI's volume to $1 million per day.. They said "6 hours.. It will cost about $200"..

$200 to fake $1 million in daily trading volume..

MyTrade.. Run by a guy who called himself "the mastermind".. He explained the exact psychology of the scam on camera..

"We make the chart look like a really nice roller coaster ride.. That's where people jump in.. We have to make them lose money in order to make profit"..

He said that on a recorded FBI video call..

CLS Global.. A Dubai-based firm.. Their bots generated 98% of NexFundAI's total trading volume.. When the FBI asked if they could sync fake volume spikes with fake news announcements.. They said absolutely..

ZM Quant.. Bots executing 10 to 20 trades per minute through dozens of wallets to look organic..

All of them knew it was fraud.. All of them did it anyway.. All of it was recorded..

And the clients were even worse..

Saitama.. A meme coin that hit $7.5 billion market cap.. The founders coordinated buys through private Telegram chats.. Sent "pump it" memes while manipulating the price.. Then dumped on retail investors..

$7.5 billion.. Built entirely on fake volume.. Every penny of real money came from retail investors who thought the momentum was organic..

One founder left Saitama and started Robo Inu.. Used Gotbit again.. Another launched VZZN.. Same playbook..

Lillian Finance.. Founder claimed to be a defense contractor who addressed Congress.. Marketed the token as funding children's hospitals.. Pocketed everything..

When the FBI shut it down.. They seized $25 million in one day.. 18 people indicted across the US, UK, and Portugal.. The CEO of Gotbit was arrested in Portugal and extradited.. Sentenced to 8 months plus $23 million forfeiture..

But here's the part that broke my brain..

Real people bought NexFundAI..

The FBI's fake token.. With zero utility.. Zero real developers.. Created solely to catch criminals.. Attracted real retail investors because the fake volume made the chart look bullish..

When the FBI pulled the liquidity to end the operation.. Those people lost real money.. On a government-issued token..

The FBI had to set up a restitution portal to pay them back..

And it gets worse..

Within 24 hours of the DOJ announcing the sting.. Someone cloned the FBI's exact smart contract.. Launched a copycat token.. Rode the viral momentum.. And made $127,000 in a single day..

Using the exact same manipulation tactics the FBI just arrested 18 people for..

Then in 2026.. The FBI did it again.. New token called Lexobit.. 10 more arrests.. Including operators extradited from Singapore..

IRS forensics showed that in one firm's trading.. 1,209 out of 1,221 consecutive transactions went straight back to wallets the firm controlled.. 99% circular..

The FBI proved what everyone in crypto suspected..

The volume is fake.. The charts are painted.. The momentum is manufactured..

And every time you buy a token because "the chart looks bullish".. You might be the exit liquidity.

[Wire Network @WireNetwork]

Smart contract debugging doesn’t need to be primitive.

On Wire, developers use tools like GDB, LLDB, CLion, and VS Code to set breakpoints directly in C++ contract source.

You can step through execution line by line and inspect state as it changes, instead of relying on logs and guesswork.

Same tools engineers already use, finally applied to on-chain systems.

[Stephanie 🇬🇧🇺🇸🦍 @stephmase22]

📣📣MMAT MMTLP BANKRUPTCY COULD EXPOSE CITADEL

Transparency is their biggest fear.
The Trustee in the MMAT bankruptcy is asking for discovery.

Opaque is how they get away with the crimes.

SEC refused transparency but the Trustee is asking Citadel and the DTCC to show the data.

[Tevern 🦋 @Tevern4]

We are still waiting for you to step up and protect investors!
@WhiteHouse #Congress

[OhitskaykayStocktwits @Ohitskaykay_St]

$GNS Ian Caroll is a respected journalist and the naked short selling era is coming to an end. The fraud market will finally see justice.

[Super 70s Sports @Super70sSports]

Always remember: it’s not officially Mother’s Day until Mr. T has blessed us with song.