Over the past few days I've been working with a group of whitehats, auditors, and other security leaders to try and solve the hardest part of responsible disclosure: finding the right person to talk to.
the analogy for crypto wrt regulation isn't "the internet", it's capital markets. it's not "imagine if the US banned the internet" but rather "imagine if the US never developed a securities market"
Alexey Pertsev wrote code and remains in jail, held without bail and no pending court date.
@SBF_FTX remains at home, started a Substack, hosting interviews, and tampering with witnesses via Signal.
**Alexey wrote code, Sam stole billions.
1/ Let’s review all the direct scams Bitboy has worked with in the past. Just in case you forgot here is the flyer with how much he charges.
I received this a while back by posing as a project interested in a promotion.
🧵 👇
Terrifying video
BitBoy gives the floor to this woman, assuming she has no evidence of him being a scammer
She brings up the ZachXBT threads. He realizes that she has legitimate evidence, so he suddenly cuts her off and starts yelling that she's a child molestor.
Just WTF.
"It was delusional. Let's be really clear. Sam was delusional about what happened and his culpability in it," says @novogratz. "He needs to be prosecuted. He will spend time in jail. And it wasn't just Sam. You don't pull this off with one person."
2/2
We should applaud and encourage this action all across the political spectrum.
SBF admitted this morning that he was donating equally to both sides through different entities, so this isn't a political issue, its something we should all be united in!
Fuck his bribes.
1/2
No matter your political view, you got to respect that O'Rourke and other campaigns (both dems and republicans) are returning the dirty money that SBF tried to use to buy them off - and hopefully some of it can find its way back to customers.
1/10
There is still potentially millions or even hundreds of millions in tokenized stock assets, missing from the FTX/Alameda balance sheets, and no one can find it.
1. They had a deal with CM-Equity to allow trading of tokenized stock.
Here's what you can do:
1. immediately disclose all of the contagion risk. What other financial services had 7+ figs in your custody?
2. loudly shout to the world, over and over, in every interview, that this had nothing to do with crypto
3. cooperate 100%
https://t.co/ePON3AjYmu
Cefi has avoided real-time auditing and proof-of-reserves entirely.
Defi exhibits it by default.
Yet, the former is referred to as compliant and respectable, built on "institutional trust," while the latter is disparaged as the unregulated Wild West.
The Empire vs The Rebels
EFF is deeply concerned that the U.S. Treasury Department has included an open source computer project, Tornado Cash, on its list of sanctioned individuals. Tornado Cash is an open source software project and website that published a decentralized cryptocurrency mixer.
A software developer is facing up to 6 years in prison on money laundering charges for simply writing code.
Code which is a neutral tool meant to protect privacy. Code which he hasn't made any money from.
Release Alexey immediately.
#FreePertsev
@kamikaz_ETH @jimtalbot@UpOnlyTV This is not accurate, at the time of recording ETH was still trading at 2k. Had you follow @jimtalbot ‘s advice, you’d have saved a 2x loss