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Bro got pulled over for speeding in a white Rolls Royce Cullinan and accidentally exposed a $13 million crypto fraud operation;
His name is Trenton Richard David Johnston, a Canadian who was 19 when charged and had overstayed his US visa while living in Miami.
Prosecutors say he and his accomplices impersonated Google, Trezor and crypto support staff, convincing victims that their accounts were under attack before stealing access to their wallets.
One victim first lost around $41,000 in ETH.
Weeks later, another victim in California was manipulated into losing approximately 185 BTC, worth about $13 million at the time.
No blockchain exploit, just social engineering and a convincing phone call.
Johnston then allegedly burned roughly $1.2 million in only 2 months o;
private jets,
jewellery,
luxury rentals,
nightlife,
2 BMWs,
a Lamborghini Aventador SVJ,
a North Miami mansion and flights for 2 girls from New York.
His accomplice, Brandon Michael Tardibone, owned an exotic car rental business and allegedly helped turn the stolen crypto into the luxury lifestyle.
Then Johnston got caught speeding. (For real!)
Police found 21 suspected amphetamine tablets and seized his phone, computer and handwritten notes, which reportedly connected him to the entire operation.
He has now pleaded guilty to conspiracy to commit money laundering, surrendered around 53.16 BTC and 275.23 ETH, and agreed to deportation to Canada after sentencing.
Prosecutors are recommending 51 to 63 months in prison in return for his cooperation.
Imagine stealing 185 BTC through social engineering, living like a billionaire at 19, and destroying the entire operation because you could not drive a Rolls Royce without speeding.
Bro is about to be worth $1,100,000,000,000 through a company built deep inside the US taxpayer machine, while his DOGE circus pushed toward some of the most sensitive data systems in America, from Social Security to tax records, and his companies kept collecting government contracts like the conflict of interest department was on paid leave.
SpaceX gets treated like national infrastructure,
Starlink becomes a military dependency,
Pentagon pricing disputes somehow end with SpaceX getting paid more,
regulators look strangely sleepy,
X turns into a political sewer with a subscription model,
Tesla still lives off the “future is coming bro” premium, and retail is now invited to buy into the biggest space casino ever opened on Nasdaq.
A private billionaire with rockets, satellites, AI ambitions, military contracts, political influence, a propaganda platform, access fights around citizen data, and $1,100,000,000,000 in paper power.
What could possibly go wrong?
I am so sick of this shit, @realDonaldTrump
Turn yourself in, drag your family and CZ/Binance into the same courtroom, and let the rest of us move on from this corrupt and unbearable circus.
Bitcoin to 0?
Dan Peña is mostly known for aggressive business rhetoric, brutal seminars, provocation, and oversized claims.
What he meant in that video is simple: he has repeatedly claimed that Vladimir Putin, or Russia more broadly, created Bitcoin to destabilize the US dollar and weaken Western economies.
There is no hard evidence for that. It sounds more like Cold War paranoia dressed up as financial analysis.
And honestly, with the US currently being dragged through the Trump circus, I am not convinced Bitcoin needs a Russian origin story to explain Western instability.
The issue is and stay the dormant Satoshi and 2008/ 2009 wallets btw.
People act as if silence means those coins are dead forever, but nobody actually knows that.
Some wallets may be lost. Some owners may be gone. Some wallets may simply be waiting.
If ancient coins ever move again, the technical impact may be manageable. The psychological impact would be brutal.
If they move...where you move that much visible money without every exchange, analyst, bot, government agency, and on chain detective watching every step?
In case the 30 people still seeing my posts and the 5 still interacting with them actually see this, take a look here.
Interesting stuff.
More to come.
Big accounts keep pushing things they do not control, do not properly understand and will not take responsibility for when followers get destroyed.
Projects keep pretending paid access is organic support.
KOLs keep pretending they are early because they are smart, not because they were handed the trade before the public was invited to become the exit.
And if you are not part of that little brotherhood, not pretending to be richer than you are, not useful to their insider games, not surrounded by enough scandals to become entertainment, and not willing to package your work as another casino table for bored gamblers, you barely exist here.
Right now, almost everyone is betting.
Well done. You people managed to take an industry that was supposed to expose financial parasites and built a social hierarchy where the parasite with the biggest audience and wallets gets called a builder and gets the likes.
Maybe my engagement is so bad because Hunter Biden is cracking the entire timeline right now.
And no, I am not going to smoke crack just to get more active followers.
Jokes aside, it actually matters that an account with real reach is putting the absurd crimes of the US administration and the damage done to crypto in front of everyone.
Crypto Twitter can pretend this is all noise, but the political capture, the grift, the insider games and the damage to retail deserve attention.
Never forget $MELANIA, $TRUMP, $ABTC, $WLFI, the long term damage, the tariffs, the destruction of markets and the deliberate support for chaos and instability.
Never forget everyone who was involved in that circus.
Every insider, every promoter, every political parasite and every useful idiot who helped turn crypto into a retail extraction machine should face real investigations, real consequences and real prison time.
"Hello Claude
Change my mind: we need something like the IAEA for frontier AI."
These systems are moving into the layers where modern society actually runs: code, cloud, identity, payment rails, financial markets, logistics, media, operating systems, cyber operations, hardware design and the information feeds through which people form opinions.
As a cybersecurity person, I find it hard to watch how casually this is being treated.
AI does only needs to make reconnaissance faster, phishing cheaper, exploit research more scalable, fraud more convincing and operational mistakes more expensive.
That alone changes the threat model for almost every organisation on earth.
Web3 is one of the worst possible environments for this acceleration.
The sector already combines irreversible transactions, weak governance, anonymous teams, rushed code, fake audits, bridge risk, wallet drainers, social engineering, liquidity manipulation and users who often cannot distinguish an interface from trust.
Now put increasingly capable AI on top of that mess and the result is industrialised exploitation.
The other side matters too btw.
The same technology can also harden systems, find vulnerabilities before attackers do, improve incident response, detect fraud, analyse malicious behaviour, support security teams, automate defensive work and help normal people understand risks they would otherwise never see.
AI will not only empower attackers. It will also become one of the most important tools to defend against the dangerous side of AI itself.
This is not a simple good or bad technology.
It is a capability layer.
Humans still have a narrow window in which they can decide how it is deployed, who controls it, what gets audited, what gets restricted and what kind of abuse carries real consequences.
And we should be honest enough to admit the obvious: it will be used for both.
For medicine, science, security, education and productivity. Also for fraud, manipulation, surveillance, cyber operations and political warfare.
The comparison with nuclear technology is useful;
Nuclear fission can become controlled energy in a power plant, or destructive, long lasting devastation in a bomb.
The underlying principle is powerful in both cases. What changes is governance, containment, intent, oversight and consequence.
That is where frontier AI starts to rhyme with nuclear governance more than with normal software regulation.
This is nit just Software.
We are talking about systems that can assist code generation, vulnerability discovery, persuasion, synthetic identity, market manipulation, cyber operations and information warfare at machine speed.
Who gets access to the strongest systems, who audits them, who measures capability before release, who investigates incidents across borders, who tracks compute and who defines unacceptable use when the same model can help defend a hospital or help attack one?
Leaving all of that to private labs, political donors, military contractors, authoritarian states and billionaires with messiah complexes is insane.
You cannot put systems with this level of strategic power into the world and pretend a blog post, a safety card and voluntary self regulation are enough.
And well.... Exactly when democratic coordination, institutional trust and international discipline would matter most, parts of the West are busy fighting the unstable demons they elected, amplified and normalised.
Democracies are getting weaker while the tools for persuasion, surveillance, cyber operations and financial manipulation are getting stronger.
That combination should worry anyone who understands systems.
We are going to see exploits, breaches and so called "hacks" almost every day.
I genuinely wish more people who are active in Web3 would read this.
I said this months ago;
AI will multiply the scale, speed and precision of attacks, but the ugly truth is that many of these incidents are not some mysterious act of cyber warfare.
They are homemade.
Homemade disasters caused by bad security, lazy operations, rotten incentives, insider access, ignored warnings, fake audits, rushed deployments and teams that treat user funds like casino chips until the transaction history finally exposes them.
And then there is the biggest category of all: projects that were designed from day 1 not to build anything useful, but to extract as much value as possible from users before the illusion collapses.
They do not fail because they misunderstand security.
They fail because the extraction was the business model from the beginning.
AND;
People need to understand that probably 90% of the founders in this space have no real understanding of security, risk, infrastructure or the technology they are selling.
And it is not only because the technology itself is still new.
It is because many of them have never studied management, risk, governance, software architecture, operational security, compliance, incident response or even basic organisational responsibility.
They know how to launch a token, build hype, run a Discord, hire shillers and talk about community.
That is not the same as being capable of protecting user funds, managing technical debt, building resilient systems or understanding what can go wrong before it destroys people.
Crypto keeps pretending that every founder is a visionary builder, when many are just underqualified operators sitting on top of financial infrastructure they barely understand.
Maybe I should start again posting wallet addresses and post mortem analyses again like it was cool back then in 2023.
Because visible wreckage is simply a better engagement farm.
And at some point, it barely makes sense anymore to treat every new exploit as some shocking lesson for the industry.
This has become daily routine in crypto.
The post mortems keep changing names, dates and wallet addresses, but the structure is almost always the same.
There is rarely some profound new insight left to extract from another corpse on chain.
What I find genuinely pathetic is how many people only start liking, sharing and interacting once the damage is already done.
Warnings are boring. Prevention is boring. Risk education is boring. Receipts after the body is on the floor suddenly get engagement.
The real work is no longer pretending that every post mortem is a revelation.
The real work is education, caution, prevention and forcing people to understand the risks before they become another wallet address in someone else’s thread.
A market that refuses to learn before impact has no right to act surprised after impact.
He sells 32 bitcoin:native at an average of $77,135, the timeline melts down, people panic, conviction evaporates, Bitcoin gets slapped, and then he comes back and buys 1,550 BTC at an average of $65,332.
That is $11,803 lower per BTC.
Those 32 BTC were a test.
And almost nobody seems to understand how alarming the outcome was.
Strategy and Saylor personally are holding 862,988 BTC.
That is 4.11% of the entire Bitcoin supply.
Around 19% of all bitcoin:native, and possibly much more in reality, is now held by ETFs, public companies, private companies, states, mining companies and other tracked institutional entities.
What is the point of CT anyway?
I ask myself that more often than I probably should.
Some days it feels like a broken casino with better vocabulary.
Other days it feels like the last public square where a random person can still write something honest at 2 AM and somehow reach people they would never meet in real life.
Since Ketamelon took over, the algorithm clearly does not reward the best thoughts.
It rewards velocity, outrage, tribal reflexes, pretty videos, recycled takes, fake certainty and whatever keeps people scrolling while quietly making them more stupid, more angry and more alone.
And still, people stay.
Let's be honest, most of us are definitely not getting rich from posting here or with trading.
Some of us are apparently getting paid enough for 1 coffee and emotional damage.
People stay because CT still gives you moments you cannot really get anywhere else.
A sharp reply from someone you respect. A warning before the crowd notices. A stupid joke that saves your mood for 10 minutes.
A stranger who understands exactly what you mean. A brutal market lesson. A public argument that actually teaches you something. A thread that cuts through your own ignorance and forces you to think again.
Ignorance is everywhere here, including in ourselves.
The problem is not only that other people are dumb. The more uncomfortable problem is that all of us are vulnerable to our own bubbles, our own bags, our own anger, our own little heroic narrative where we are obviously the rational ones and everyone else is captured.
CT exposes that in a very ugly way...if you ask me.
It shows how fast people confuse attention with truth, confidence with knowledge, followers with wisdom and engagement with importance. It also shows how quickly we become the thing we claim to hate when the algorithm rewards us for it.
Maybe that is the point.
CT is often terrible.
But it is honest in a dirty way.
It shows the internet without the corporate filter.
The greed, the humour, the loneliness, the intelligence, the delusion, the tribalism, the kindness, the scams, the paranoia, the real research, the cope, the rage and the occasional human moment that makes you remember there are still actual people behind the profile pictures.
Maybe the point of CT is not to win it?