Epiousian Pleb

Super substantial | #bitcoin

[Dylan LeClair @DylanLeClair]

The $100b question,

Who leaked the Alameda balance sheet to CoinDesk?

[Coffeezilla @coffeebreak_YT]

Tether is the 60 billion pound elephant in the room of this crypto crash.

It still can get much worse. Don't forget Alameda Research was the biggest user of Tether.

[Mark Moss @1MarkMoss]

I don't think the crypto market fully understands what happens when the SEC makes 99% of tokens "securities"

this is why I believe we have seen the last crypto bull market

[Discover Crypto | AI Investing @DiscoverCrypto]

FTX/Alameda had a fail safe in case authorities were ever on to them. The hack last night was an internal system meant to delete data & evidence.

Fortunately, even without specifics I alone have enough to send Caroline, Gary Wang, Dan Friedberg, and SBF to prison for life.

[Layah Heilpern @LayahHeilpern]

SBF was about to establish a regulatory monopoly on crypto worldwide. FTX was the crypto arm of the establishment, they’re WEF.

@cz_binance realises this and sells the FTT tokens which blew the whole thing up.

So if you think about it, CZ just saved crypto 🤯

[Alex Gladstein 🌋 ⚡ @gladstein]

I understand and respect why libertarians love Bitcoin

But many Bitcoiners (myself included) think it’s wrong to scam and think SBF/Do Kwon/3AC and other criminals should face justice, not just the free market

Interesting to observe different views on this

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: FTX lists zero #Bitcoin assets on bankruptcy papers despite $1.4 billion of BTC liabilities - FT

[ZachXBT @zachxbt]

Seems to me there’s two separate groups involved with the FTX/FTX US funds fiasco

BlackHat

0x59ABf3837Fa962d6853b4Cc0a19513AA031fd32b
6sEk1enayZBGFyNvvJMTP7qs5S3uC7KLrQWaEk38hSHH

>first to withdraw
>bridging assets
>swapping altcoins for ETH/DAI/BNB
>took losses from slippage

[CZ 🔶 BNB @cz_binance]

FTX aside, avoid businesses/exchanges/projects that:

- are not profitable (musical chairs)
- survive by selling their own tokens
- give high incentives for locking your tokens
- have a large total supply, but only a small circulation supply
- involves loans

Stay #SAFU 🙏

[Dylan LeClair @DylanLeClair]

I received the 2019 Alameda pitch deck over DM this summer & it was so egregious my first thought was that it was fake.

- “15% annualized fixed rate loans”
- “These loans have no downside”
- Multiple grammatical errors
- Up only returns w/ no drawdowns

Ponzi from the start

[Mario Nawfal @MarioNawfal]

🚨Over $600m of BTC and ETH moved into exchanges for sale in the last 30 mins, including large amounts of 'ancient BTC' being moved (BTC not touched for up to a decade)

[Wick @ZeroHedge_]

Insane story:

Co-founder of Maker DAO below makes this tweet & then his body washes up on shore a day later dead

Now rumors say he connected FTX to pedophile ring, he tried to expose FTX insolvency, & that Alamedas logo is direct copy of pedo ring called little child lovers wtf

[Crypto Tea @Cryptotea]

Sex is good but have you gone down the FTX rabbit hole? 🐇

Here are some interesting ones 🧵

[Dylan LeClair @DylanLeClair]

A short story on the Alameda ponzi, in four parts.

Look at the Madoff style low volatility ‘up only’ returns Alameda advertised in the 2018 crypto bear market, funded by “15% annualized fixed rate loans”

Now check out the tweets from Zhu Su in 2019.

1/2

[Mike Alfred @mikealfred]

What do you think happens next?

[Charles V Payne @cvpayne]

It's one thing for celebrities looking to make a buck to back #FTX but the self-proclaimed financial geniuses that publicly got into bed with #SBF_FTX giving their imprimatur now feeling sorry for themselves is beyond the

[Svetski @SvetskiWrites]

As the state uses this psyop as a reason to regulate the shit out of Crapto, it will become increasingly evident why the world needs a censorship resistant, unfuckwithable, unchangeable & incompatible-with-the-legacy-system form of money & payments.

A true zero to one

#Bitcoin

[Svetski @SvetskiWrites]

Nature is healing.

[Warren Davidson 🇺🇸 @WarrenDavidson]

Anyone attacking self-custody is telling you they oppose individual freedom. They don't trust you and they want someone who they can control to control your assets.

Pass my Keep Your Coins Act to protect self-custody and #DefendFreedom.