Discover and read the best of Twitter Threads about #JustinSun
Most recents (5)
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Now that #JosephDePaolo has suddenly resigned as CEO of $SBNY under a cloud of money laundering/fraud related smoke (he banked #Binance under a nonexistent Seychelles company which is illegal) here's a recording of an earnings call where he claims to not know who FTX is.
Now that #JosephDePaolo has suddenly resigned as CEO of $SBNY under a cloud of money laundering/fraud related smoke (he banked #Binance under a nonexistent Seychelles company which is illegal) here's a recording of an earnings call where he claims to not know who FTX is.
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In the aftermath of the #FTXplosion DePaolo, one of two CEOs of "crypto friendly" banks in the United States, would like you to believe that he has no idea what this "#FTX" thing is.
SBF was easily the most famous dude in finance at that moment and a CUSTOMER AT HIS BANK
In the aftermath of the #FTXplosion DePaolo, one of two CEOs of "crypto friendly" banks in the United States, would like you to believe that he has no idea what this "#FTX" thing is.
SBF was easily the most famous dude in finance at that moment and a CUSTOMER AT HIS BANK
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does anyone find it kind of... πππππ... that at any point in time there was more or less the exact same amount of #Tether on #Ethereum as on #JustinSun's #TRON?
it's almost as if #Tether was minting 2 $USDT for each $1 in #USD backing, one on each chain...
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does anyone find it kind of... πππππ... that at any point in time there was more or less the exact same amount of #Tether on #Ethereum as on #JustinSun's #TRON?
it's almost as if #Tether was minting 2 $USDT for each $1 in #USD backing, one on each chain...
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I mean I guess we shouldn't really worry about it given that almost 100% of the $USDT on the #Tron blockchain was created for use by #SBF on his exchange #FTX. The #FTXScam is basically an honest exchange run by honest folks, right? #FTXScam
(h/t @DataFinnovation)
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I mean I guess we shouldn't really worry about it given that almost 100% of the $USDT on the #Tron blockchain was created for use by #SBF on his exchange #FTX. The #FTXScam is basically an honest exchange run by honest folks, right? #FTXScam
(h/t @DataFinnovation)
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Internet sleuths have been able to locate roughly half of the cash that backs $USDT. Surely any day now someone will stumble on all those tens of billions of dollars worth of "treasuries" that were formerly called "commercial paper"... (h/trick @DataFinnovation)
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Internet sleuths have been able to locate roughly half of the cash that backs $USDT. Surely any day now someone will stumble on all those tens of billions of dollars worth of "treasuries" that were formerly called "commercial paper"... (h/trick @DataFinnovation)
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#Huobi seems to be melting down in real time, possibly along with His Excellency #JustinSun's fortune...
Shut down all intra-employee IMs etc, maybe fired a bunch of people. Employees now angry (or Sun is ruggin') @HuobiGlobal @justinsuntron
Shut down all intra-employee IMs etc, maybe fired a bunch of people. Employees now angry (or Sun is ruggin') @HuobiGlobal @justinsuntron
@HuobiGlobal @justinsuntron Apparently #JustinSun tried to dissolve the company (which would presumably leave all the employees unemployed).
Remember just yesterday it was reported that #JustinSun had tried to pay #Huobi employees in $USDT and/or $USDC... #Tether (h/t @crasl7 for non machine translation)
Remember just yesterday it was reported that #JustinSun had tried to pay #Huobi employees in $USDT and/or $USDC... #Tether (h/t @crasl7 for non machine translation)
Folks, here it is, an easier to read explanation of how #Tether and #JustinSun setup a scammy blockchain to inject $40B in fake $USD into the cryptocurrency economy. It's still not the best I could write - it's a first draft - but it'll do for now.
cryptadamus.substack.com/p/the-tethererβ¦
cryptadamus.substack.com/p/the-tethererβ¦
suddenly all these sock puppets comin' at me... must be right over the target.
@tavit_ makes an amazingly good point. some of the redemptions maybe ARE real. but that $1B one from AEX / Hoo is obviously not real. and a bunch of the others are also not real.
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Does anyone think it's a coincidence that #AEX, first exchange to close withdrawal, tweeted about a $1B bank run THE SAME DAY that #Tether burned EXACTLY $1B?
WTF is a mid sized exchange doing keeping $1B around?
Unless it's... not real...
Does anyone think it's a coincidence that #AEX, first exchange to close withdrawal, tweeted about a $1B bank run THE SAME DAY that #Tether burned EXACTLY $1B?
WTF is a mid sized exchange doing keeping $1B around?
Unless it's... not real...
@molly0xFFF / @web3isgreat that AEX/Hoo thread lead me to this thing about Tether, which seems... important βοΈ
cc: @BennettTomlin @CasPiancey @ncweaver @coryklippsten @vhranger @peerchemist @patio11 @Tethertothe1 @PatrickEBoyle @AaronWise5147 @webtwoboomer @BinanceFraud
cc: @BennettTomlin @CasPiancey @ncweaver @coryklippsten @vhranger @peerchemist @patio11 @Tethertothe1 @PatrickEBoyle @AaronWise5147 @webtwoboomer @BinanceFraud
