Muy Fresco

Finance, trading and other cons

[Parrot Capital 🦜 @ParrotCapital]

Time for a little story.
I warned about FTX years before it blew up.

There was no money in exposing Sam Bankman-Fried, as the counterparty risk of shorting FTT was way too high, especially given the direct ties between FTX and Binance.

Exposing SBF is how I became friends with Marc @AlderLaneEggs over our shared conviction that SBF was a fraud with a story that didn't make any sense. Back in the day CNBC was singing the praises of SBF, but that just made us doubt his story even more. Sometimes we'd exchange DMs at 3am in the morning when we couldn't sleep, driven by our busy minds and the desire to crack the FTX case.

Marc later on went on the Risk of Ruin podcast with @halfkelly to articulate all the why a sleazy schlub like Bankman-Fried didn't pass the smell test. Those episodes are worth listening to. They're excellent retrospectives in learning the thought process of exposing a fraud.

Sometimes you just want a scumbag like SBF off the street so he can't hurt any more people. There was no trade to be put on, just a felon to be put behind bars. It felt good to see SBF in handcuffs, as he hurt a lot of people and caused immense political corruption from the Bahamas all the way to the Beltway.

The same goes for Howard Lutnick and his dirty deals. Cantor Fitzgerald and Tether are both private companies, so there's no stock to short, no profits to be made in exposing them.

@Bitfinexed was the OG Tether whistleblower and has been indefatigable in going on many years now. Marc once said he wouldn't fade Bitfinexed for all the tea in China (and neither would I).

Lutnick lied to Congress last time.
He's about to lie to Congress again.
It doesn't matter.

In the end, lies always find a way of tripping you up, it is just a matter of time.

Howard Lutnick is no exception.

Like with FTX, there's no trade here.
There's no stock to short.
There's no prize money.

We do it because we're driven to see it through.

The real ones never let go of the rope, because at the end the day, we're in it for the love of the game.

We are patient people.
Time will vindicate us.
You will see.

[Financelot @FinanceLancelot]

Back in 2023, we were telling the world Nvidia $NVDA was illegally smuggling GPUs into China using Singapore, Megaspeed & Super Micro $SMCI

Mainstream media laughed at us, calling us "Twitter randos"

Here we are over 3 years later, vindicated.
@JG_Nuke @SamanthaLaDuc @DarioCpx

[Muy Fresco @fresco_muy]

@bajolacurva Hace 20 años entrabas al homebanking ponías "pagar cuentas y servicios" se abría una ventana autenticada, un click y ya habías pagado. En 2026 tenés cantidad de tokens, 2FA, mails con código, google authenticator, sms, whatsapp.... No se cómo van a hacer.

[Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 @Bitfinexed]

@amandacarpenter Tether fraud.

Lutnick literally worked and supported a fraud that launders money for criminals and terrorists, see the senate report here: https://t.co/LUs1gWBSVj

[Alessi Allaman @AlessiAllaman]

"Howard Lutnick lost 658 Cantor Fitzgerald employees who were killed on 9/11..."

Within days — before many were even confirmed dead — Howard Lutnick cut off their paychecks to their families without warning.

He wept on national television. The families were furious.
Years later Cantor Fitzgerald won a $135 million settlement from American Airlines.

Lutnick told senior executives the bulk of the money would go to the firm's partners — not the families of the 658 dead.

He is now Trump's Secretary of Commerce.
He is also the man who lied to Congress about visiting Jeffrey Epstein's island with eight children.

[Muy Fresco @fresco_muy]

@JasonL_Capital I wouldn't be able to sleep at night. Pure evil.

[Muy Fresco @fresco_muy]

@PrajwalTomar_ @zerohedge @maxifirtman

[Matt Stoller @matthewstoller]

Celebrities should be liable for the products they endorse. The mass marketing of crypto and gambling and credit cards is gross.

[Muy Fresco @fresco_muy]

@Markymark1025 @leadlagreport 160 is 2007's 130

[sgp @stogolp]

Donald Trump watching me trade without insider information

[Sid Prabhu @sidprabhu]

"Wealth is like sea-water; the more we drink, the thirstier we become"
- Schopenhauer

[Muy Fresco @fresco_muy]

@bourscheid @mattgaetz The same great divide all over the world.

[Muy Fresco @fresco_muy]

@RudyHavenstein But what if they find an intact passport laying over the debris?

[Patrick Webb @Patrickwebb]

BREAKING: Jeffrey Epstein likely had every major U.S. politician on video doing something terrible to a child, according to former CIA officer David Robert Steele.

[Wes Brown @w3sbrown]

Nasdaq is proposing to facilitate the largest involuntary wealth transfer from retirement savers to venture capitalists in market history. And nobody seems to be talking about it.

SpaceX demanded, as a condition for listing, that Nasdaq cut index inclusion seasoning from 3 months to 15 days. Nasdaq agreed (what?! where are the regulators?!) because losing a $1.5T listing fee to NYSE was unthinkable.

Over $600B in passive funds track the Nasdaq 100. These are 401(k)s, target-date retirement funds, index funds with capital auto-allocated from every paycheck by people who never make an active investment decision. When a stock enters the index, those funds MUST buy at weight. No analysis. No discretion. No opt-out.

The 3-month seasoning period exists so that price discovery, real buying and selling by people making actual decisions, can happen before that involuntary capital gets deployed. It's the one structural safeguard between a hyped IPO price and your retirement account.

SpaceX wants to IPO at $1.5T on a 3% float, get indexed in 15 days, and let insiders sell into the forced demand as lockups expire. The exit liquidity is your grandmother, scoolteacher, and lifesaver's 401(k).

I went through an IPO. I've been on the inside of the lockup and liquidation process. This is exactly how it works: insiders need buyers, and passive index capital is the largest pool of involuntary buyers on earth.

This isn't market innovation. It's manufacturing exit liquidity from people who don't know they're providing it.

https://t.co/B5WB3k3RXW

[vittorio @IterIntellectus]

this is art

[call me cismale @clamatoes]

Coordinated attack on introspection by the tech oligarchs is pretty interesting

[Muy Fresco @fresco_muy]

@MorePerfectUS His merit? Marrying a millionaire's daughter

[Shannon Watts @shannonrwatts]

Socrates in 460 BC: “The unexamined life is not worth living.”

Marcus Aurelius in 150 CE: “You have power over your mind—not outside events.”

Augustine of Hippo in 400 CE: “Do not go outside; return into yourself. In the inward man dwells the truth.”

Marc Andreessen in 2026: