1/ The $150M+ DSJ Exchange (DSJEX) / BG Wealth Sharing Ponzi scheme collapsed last week. From April 27 β May 3, illicit actors laundered $92M+ across chains to obscure the trail.
I helped lead an initiative with @Tether_to, @Binance Security Team, @OKX, & US law enforcement that has since frozen $41.5M+.
Crypto permanently breaks how you see money. There's no fixing it.
I used to make $13 an hour at a sandwich shop. $1,500 every two weeks. I thought that was just how life worked.
Then I made that in one trade... in minutes.
You cannot go back after that. You physically cannot sit in a job and pretend it makes sense anymore. Once you've seen it enough times, your brain just breaks.
It's the thing nobody warns you about. It's not that the money makes you greedy. It's that your entire perception of time and value gets rewired.
But here's what scares me more than anything.
How many people have tasted life changing amounts of money, lost it all, and are back to the 9-to-5 right now? I think about that number often.
They wake up every morning with that memory. That's not poverty. It's torture.
I let that image live in my head rent free. Every trade, every single day. That guy exists and I refuse to become him.
Protect your portfolio like your old life is waiting to take you back.
Because, for many people, it already did.
The rsETH hack is leading to withdrawals across all lending protocols, even on solana and unaffected protocols:
- Aave: -6,200m (-23%) net inflows
- Morpho: -716m (-9%)
- Sky: -272m (-4%)
- JupLend: -76m (-8%)
When the industry faces challenges, Tether steps up. π‘οΈ
We are leading an up to $150M recovery plan alongside the @SolanaFndn to support user recovery and safely relaunch @DriftProtocol
Watch the video to see how we're protecting the community and expanding $USDT on Solana. π