Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.
Current List of Companies With Silicon Valley Bank, $SIVB, Deposits:
1. Circle: $3.3 billion
2. Roku: $487 million
3. BlockFi: $227 million
4. Roblox: $150 million
5. Ginkgo Bio: $74 million
6. iRhythm: $55 million
7. Rocket Lab: $38 million
8. Sangamo Therapeutics: $34 million
9. Lending Club: $21 million
10. Payoneer: $20 million
The worst part?
These are only the companies that have disclosed their exposure SO FAR.
SVB has nearly $200 billion in deposits with 97% of those deposits above the $250,000 FDIC limit.
This can't end well.
How does the 16th largest bank in America collapse in 48 hours? Can this happen to your bank too?
I've worked in Banking for 10 years so let me explain WHY the Silicon Valley Bank failure happened, and how it impacts YOU:
To make exchange holdings easier to understand, below are both their relevant portfolios & associated explanatory statements.
- Binance
- Cryptocom
- OKX
- KuCoin
- Deribit
- Bitfinex
- Huobi
π§΅π
ALERT π¨: FTX is currently having funds drained. Do *NOT* try to login to FTX. Do not try to interact with *any* FTX products. Do not update *any* apps on your phone. Delete all FTX related apps immediately until this blows over -- there may be compromise.
How you can use Whale π data to your advantage:
Whales are whales because theyβre savvy investors!
They are also capable of leaving large impacts on the market either making or losing you lots of money!
Here are my SEVEN top tips on whale movements, giving the edge to you! π§΅
New scam on CT.
1. Tweets 'I AM DOING 30 DOLLARS TO 1 MILLION CHALLENGE. JOIN ME π'
2. Noobs get excited. Scammer gets huge new following.
3. Posts 4-5 Hindsight calls showing fake profits.
4. Asks to join paid group for live calls.
Scam complete. Passive income secured.
Celsius published a 14,000-page document detailing every user's full name, linked to timestamp & amount of each deposit/withdrawal/liquidation
This horrific breach of privacy will lead to many robbed & killed
Anything not provably cryptographically private will become public
New Scam on CT π―
1. Tell the followers you'll fund them for 100K Dollars.
2. Followers gets excited.
3. Then tell them they need to pay 200 Dollars as the application fee.
4. 10000 People fall for this trap.
5. They make 2 Million Dollars in Easy money.
Don't be Stupid Please.