I am still the Web3 Ambassador at World Liberty Financial.
The dashboard has 9 columns now.
When we sold the tokens, the sale materials said they were non-transferable. They could remain locked indefinitely. Unlocks would require a governance vote. We did not specify when. That was by design.
80% of the tokens sold to investors are still locked. 18 months later. The investors paid real money. The money is not locked. The money left immediately. The tokens stayed.
These events are unrelated.
To unlock the tokens, you need a governance vote. The governance vote on staking passed with 99.12% approval. 76% of the voting power came from 10 wallets. The 80% who are locked can vote. They cannot earn staking rewards. They cannot access Node tiers. They cannot sell. They can participate in the governance of their own captivity. I designed the distinction.
Last week our CTO borrowed $75 million against 5 billion of our tokens. He borrowed on Dolomite. Dolomite is the 13th-largest lending platform in crypto. Our CTO co-founded Dolomite. He borrowed from his own platform using our tokens as collateral. Our collateral is now 55% of Dolomite's total value. He did not disclose the conflict. These events are unrelated.
He borrowed so much of our own stablecoin that other depositors cannot withdraw theirs. We told them our positions are "nowhere near liquidation." We told them we would "simply supply more collateral." The token hit its all-time low that same week. These events are unrelated.
WLFI is $0.078. Down 83% from $0.46. The Co-Founder called it good news in my replies. I am adding that to the dashboard.
The treasury spent $65 million buying back 435 million tokens at an average of $0.15. The tokens are now worth $0.078. The buyback is 48% underwater. The treasury's money came from investors. The investors cannot sell their tokens. The project used investor money to buy tokens that lost half their value and the investors cannot sell the tokens the project bought with their money. That is called a protocol.
Justin Sun invested $75 million. He received 545 million tokens. He transferred a small number to an exchange. We froze all 545 million. There is a blacklist function in the smart contract. We did not disclose the blacklist function. He called it "a trap door marketed as an open door." He called it "the antithesis of decentralization." He is correct on both counts. He is also our advisor. These events are unrelated.
In November we partnered with AB DAO. AB DAO is connected to individuals sanctioned by the United States for ties to Cambodia's Prince Group. The Prince Group is a designated transnational criminal organization. The sanctions were imposed October 14th. We announced the partnership November 12th. 29 days later. We said we were unaware. AB DAO held $10 million of our stablecoin. After journalists called, it dropped to $3.6 million. We did not ask where the $6.4 million went. That is not in my job description.
The GENIUS Act created the 1st federal stablecoin framework. Our stablecoin complies. The President's party advanced the legislation. The President's family collects 75 cents of every dollar the stablecoin generates. The regulation that governs our product enriches the family that governs the regulation. That is compliance.
The tokens are locked. The money is gone. The CTO borrows from his own platform. The buyback is underwater. The biggest investor is frozen out. The partner is sanctioned. The regulation is self-dealing. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the orders. The orders inflate the assets. The assets fund the family.
600,000 wallets bought in. They lost $3.87 billion. 2 families cashed out.
America First. You're America. They're First.
I am the reason these events are unrelated.
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.
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