On 9/10/01, the Dept of Defense said they couldn't find $2.3 tril. Due to 9/11, this was swept under the rug.
They still haven't found the $2.3 tril, but they can find accounting issues now.
The headline should read-If you or I were this clumsy with tax money, we'd be jailed.
We've just published the May edition of our Monthly Market Recap Report from Lead Research Analyst, Gabe Selby, CFA.
The key takeaways are as follows:
♦ Aligned to global macroeconomic concerns, the #digitalassets class trended downwards
♦ Concerns over possibilities of a US debt default and further Fed tightening pushed values lower
♦ The CF Ultra Cap Index showed some relative resilience dropping 3.6%
♦ Net positioning in #Bitcoin futures increased modestly to levels last observed in mid-March, rising from -317 to -128 contracts
Read more https://t.co/0uBqqHrxTO
New and improved homepage just released https://t.co/XQjV7w3z1X . On another note, I'll be posting some very interesting .ai aftermarket sales numbers in the next couple of days.
1/3 Kraken USD funding will continue uninterrupted. Our long history and record of compliance has enabled us to maintain significant banking diversity and redundancy around the world.
However, recent events should be a wake up call. Please diversify and self-custody. #NYKNYC
I can't tell you how infuriating it is to have pointed out massive red flags and obviously illegal activity to regulators only to have them ignore the issues for years. "They're offshore. It's complicated. We're looking at everybody." FOR YEARS. Then to be used as their example.
Oh man, all I had to do was fill out a form on a website and tell people that staking rewards come from staking? Wish I'd seen this video before paying a $30m fine and agreeing to permanently shut down the service in the US. How dumb do I look. Gosh. ⛽️💡
https://t.co/UPdQdnI6xN
Automated settlement now available via self-service RFQ on Kraken’s OTC Portal 🤝
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1/ We're hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.