Crypto currency thread

[hater]

Only with zero diversification. I like a balance.

https://x.com/ericyakes/status/1864511508719522226


:lmao

[hater]

:lmao

https://x.com/naiivememe/status/1864343405620265393

[hater]

:tu

https://x.com/WatcherGuru/status/1864429894815392226

[ChumpDumper]

https://x.com/SimplyBitcoinTV/status/1864524280454586467

That dude had women shit in his mouth.

[hater]

That dude had women shit in his mouth.

Weird fantasy dude!

Gross

[ChumpDumper]

Weird fantasy dude!

GrossI agree his fantasies about having women shit in his mouth were weird and gross.

[hater]

I agree his fantasies about having women shit in his mouth were weird and gross.

Still thinking about that?

Damn sicko

Stay away

[ChumpDumper]

Still thinking about that?

Damn sicko

Stay awayHe was a damn sicko, I agree. I'd stay away from him were he not dead.

[CosmicCowboy]

He was a damn sicko, I agree. I'd stay away from him were he not dead.

lol

the expression "eat shit and die" came to mind.

[ChumpDumper]

lol

the expression "eat shit and die" came to mind.:lol he sure did. That was a crazy documentary that covered his last days as a fugitive.

[hater]

:tu

https://x.com/WatcherGuru/status/1864649211045728453

[hater]

:lol

https://x.com/TheBTCTherapist/status/1864535814551580782


Santa will be extra good this year :tu

[hater]

https://x.com/naiivememe/status/1864505541613027443

[hater]

https://x.com/WatcherGuru/status/1864388035430715717

[hater]

18.3k!!!!

To da moon!!!!!

:wow

[hater]

Back in business bitches :tu :tu

If It breaks 30k i will have a fucking massive party :lol :tu

:corn:

[hater]

:tu

https://x.com/BitcoinNewsCom/status/1864780148668563773

[hater]

https://x.com/BitcoinNewsCom/status/1864663517590376758


Smdh


Everyone will eventually get bitcoin at the price they deserve

[hater]

:tu

https://x.com/BTC_Archive/status/1865008562621001920

Hatercevik coming soon

[hater]

:smokin

https://x.com/maxkeiser/status/1864843436160852306

[hater]

:lmao "US should sell all their gold and buy bitcoin. All our enemies holding gold will be fucked and we will be sitting on 100 trillion dollars."


Ma niga :tu


https://x.com/stoolpresidente/status/1865028365524025718

[hater]

:lmao "US should sell all their gold and buy bitcoin. All our enemies holding gold will be fucked and we will be sitting on 100 trillion dollars."


Ma niga :tu


https://x.com/stoolpresidente/status/1865028365524025718

Poor Saylor doesnt know most of our gold "reserves" are gone :lol

[Leetonidas]

'so and so says Bitcoin will reach X price by Y date'

What a crock of shit :lol these clowns don't know shit about fuck. Nothing but pure guesswork

[hater]

'so and so says Bitcoin will reach X price by Y date'

What a crock of shit :lol these clowns don't know shit about fuck. Nothing but pure guesswork

Kinda like the stock market :lmao

[hater]

On that note :lmao

https://x.com/NYTimesPR/status/1865048167047123447

[hater]

Pretty much :lmao

https://x.com/catoshinak/status/1865031032946508267

[Millennial_Messiah]

Pretty much :lmao

https://x.com/catoshinak/status/1865031032946508267
Yeah. Though stocks don't generally take such a hard hit in the obvious bear years which generally coincide with the U.S. Midterm year and the year after that.

I've always been crypto-curious at minimum (before 2020) to pro crypto more recently, and anti-stock, i'd like to see a mini crash in both right now actually

[Millennial_Messiah]

I lost my first job out of undergrad on January 11, 2017. Almost age 23. I thought my life was falling apart and it was, but.....

If I had put my $45K that I had in the bank into BTC instead of fulfilling my childhood dream of being a real estate guy.... well, let's just say I'd be in a much better place at age 30 and a half now. I'm almost 31. holy shit.

[hater]

Yeah. Though stocks don't generally take such a hard hit in the obvious bear years which generally coincide with the U.S. Midterm year and the year after that.

I've always been crypto-curious at minimum (before 2020) to pro crypto more recently, and anti-stock, i'd like to see a mini crash in both right now actually

Its funny tho

People go to the Ivy Schools and suck a lot of dick to be a bigtime Financian trader. And continue to suck a lot of dick throughout their careers to maintain that life.

Meanwhile there are all of a sudden tons of overweight moms basement dwellers that are fucking millionaires. (Not me sadly but I am doing well in crypto)

:lmao

Love that shit :lol

[hater]

I lost my first job out of undergrad on January 11, 2017. Almost age 23. I thought my life was falling apart and it was, but.....

If I had put my $45K that I had in the bank into BTC instead of fulfilling my childhood dream of being a real estate guy.... well, let's just say I'd be in a much better place at age 30 and a half now. I'm almost 31. holy shit.

I sadly missed the big boat as well. Due to being programmed to be a slave and work 9-5 for eternity.

Luckily I was able to wake up at last minute and at least was able to get on a medium size ferry while most of the world is stuck on land. :lol

[SnakeBoy]

Hawk Tuah coin is down

Is it a buy?

[hater]

Hawk Tuah coin is down

Is it a buy?

:lmao

[hater]

https://x.com/BTC_Archive/status/1865141042091069857

[Millennial_Messiah]

Hawk Tuah coin is down

Is it a buy?
That one might be this bull cycle's squid coin.

[Ozzy]

https://www.youtube.com/watch?v=zUHq8AWR1Rg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:vpcj4nyu7lwt2zyl5s457apn/bafkreiggh65r2dofmecwb25nfd6ve2mid7aghd3ue2soln4bi b2mwaihjq@jpeg

[hater]

Window to buy could be opening up folks

If it goes under 90k its a no brainer

:tu

[CosmicCowboy]

Window to buy could be opening up folks

If it goes under 90k its a no brainer

:tu

I told you it went up too far to fast. Seen this before. Selling at 98 wasn't so stupid.

[hater]

I told you it went up too far to fast. Seen this before. Selling at 98 wasn't so stupid.

Ummm damn well it was stupid

You most likely bought in at 40k or 50k?

Now your buy in is much more expensive 85k or 90k

Now I hope somehow your stupidity comes through and it goes down to 35k so I can buy boatloads more :lol


But lets face it. Chances of that are slim to none :lol

[ChumpDumper]

Ummm damn well it was stupid

You most likely bought in at 40k or 50k?

Now your buy in is much more expensive 85k or 90k

Now I hope somehow your stupidity comes through and it goes down to 35k so I can buy boatloads more :lol


But lets face it. Chances of that are slim to none :lolAll that matters is whether it goes up again. He isn't forced to buy a set amount of bitcoin.

[CosmicCowboy]

You aren't very good at math, are you?

profit is the difference between what you bought it for and what you sold it for.

Buy at 40 sell at 98 profit is 58
Buy at 90 sell at 200? profit is 110
Total 168

Buy at 40 sell at 200? profit is 160

[hater]

You aren't very good at math, are you?

profit is the difference between what you bought it for and what you sold it for.

Buy at 40 sell at 98 profit is 58
Buy at 90 sell at 200? profit is 110
Total 168

Buy at 40 sell at 200? profit is 160

This is wrong

U invested 72k in your first scenario for profit of 168

U could have left the original 40k for the 160k profit and if u want to invest additonal 32k for an additional 30k to total 190k profit

190 >> 168

[ChumpDumper]

:lol yes, never cashing out is an option.

Counterpoint: he could.

[hater]

:lol yes, never cashing out is an option.

Counterpoint: he could.

Im cashing out no earlier than 5 years from now ..


Cheers :tu


Hodl!!!

[ChumpDumper]

Im cashing out no earlier than 5 years from now ..


Cheers :tu


Hodl!!!It's better you don't seeing as you don't really understand anything else you could be doing.:tu

[hater]

It's better you don't seeing as you don't really understand anything else you could be doing.:tu

Everyone will eventually buy bitcoin at the price they deserve.

Even you dumbo :lol

[ChumpDumper]

Everyone will eventually buy bitcoin at the price they deserve.

Even you dumbo :lolAnd if it goes up after the purchase, those people will make profit. dumbo. :lol

[hater]

And if it goes up after the purchase, those people will make profit. dumbo. :lol

"Apple stock in 1990 = apple stock in 2024"

:lmao. Chimp the finance advisor :lmao

[ChumpDumper]

"Apple stock in 1990 = apple stock in 2024"

:lmao. Chimp the finance advisor :lmao:lmao you still don't understand what CC is doing.

You act like stocks and crypto has never gone down.

This is amazing. :lmao

[hater]

LMAO this niga is reading my posts

Everyone buys bitcoin at the price they deserve :lol


https://x.com/Saylorsatsire/status/1866537616285241737

[Winehole23]

not sure why something so volatile should be a repository of state revenue, seems bonkers to expose the money to the risk.

crypto-bros are either getting a big leg up from Trump and Texas...or maybe this is just another pump and dump.



Legislation was introduced in the Texas House of Representatives on Thursday to establish a strategic bitcoin reserve, which could serve as a proving ground for the U.S. Treasury.


The proposed bill would enable the state to start building a strategic bitcoin reserve by accepting taxes, fees and donations in bitcoin that would be held for a minimum of five years, Republican state Rep. Giovanni Capriglione announced on an X Spaces event Thursday.




The Texas bill aims to provide a way to strengthen the state’s fiscal stability and establish it as a leader in bitcoin innovation, according to the Satoshi Action Fund (https://www.satoshiaction.io/), a nonprofit bitcoin advocacy group that worked with Capriglione on the bill.
Texas House introduces bill to establish a strategic bitcoin reserve (https://www.cnbc.com/2024/12/12/texas-house-introduces-bill-to-establish-a-strategic-bitcoin-reserve.html)

[Winehole23]

when robber barons handshake, only one of them is the President of the US


“Whether you’re involved in the management of the company or not, that’s not relevant at all. What’s relevant is if you own a financial interest that could be directly impacted by your government work,” said Painter.

Trump also faces potential conflicts from World Liberty, the experts said.

Trump is listed as “chief crypto advocate" on World Liberty’s website and is entitled to a cut of its revenues, according to the company’s terms and conditions.

World Liberty sells a proprietary token that cannot be traded, those terms and conditions say, unlike Bitcoin and other crypto tokens. Trump and other unnamed “affiliates” are entitled to 75% of some World Liberty revenues, according to the terms, raising the possibility of people buying World Liberty coins to try to gain favor with him.

"Is this an alternative way of ingratiating yourself with Trump?" Clark said of World Liberty.
Trump crypto venture partners with platform linked to Middle East militants | Reuters (https://www.reuters.com/technology/trump-crypto-venture-partners-with-platform-linked-middle-east-militants-2024-12-12/)

[Winehole23]

state subsidies good now?

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gnjeaguquty6pn5brw5svdgt/bafkreidamgheycojopanzzecndkgkba5xmuaguvx7rsrvpwtr 6lwmp24ji@jpeg

[hater]

:tu

https://x.com/Saylorsatsire/status/1868036245965672622

[hater]

:lmao

https://x.com/Kluckies_/status/1868038921810231758

[Millennial_Messiah]

Hopefully we get a dip soon.

[hater]

Or.... To da moon


https://x.com/naiivememe/status/1868859478109721068

[hater]

You will buy your bitcoin at the price you deserve

https://x.com/BitcoinNewsCom/status/1869076253216776283

[hater]

Ce la vi

https://x.com/Croesus_BTC/status/1869042133094854699

[hater]

This might be your last chance to buy bitcoin at basement 100k price folks

Boat is about to go ...


Do it :tu

[hater]

:lmao "buy gold they said"

:lol

https://x.com/BitcoinMagazine/status/1869372081382797820

[hater]

:lmao

https://x.com/charliebilello/status/1869487362000224621

[CosmicCowboy]

Hater clearly planning to retire on his .5 bitcoin.

[CosmicCowboy]

Of course today wasn't a great day in the market either. Sucks to watch 20k go "poof" in 2 hours. Fortunately wasn't planning to sell today.

[hater]

Hater clearly planning to retire on his .5 bitcoin.

In 5 years

Thats my goal ma nig :tu

Cheers :tu

[hater]

Pls go down to under 80k

Pls

I need more


MORE!

[CosmicCowboy]

If you think it's going to 1,000,000 why not just buy more now?

[hater]

If you think it's going to 1,000,000 why not just buy more now?

Um pretty simple.

Would you buy a 50,000 car at full price or wait for the black friday 30% off sale?

Hope theres a black friday at some point. But after last nights quick recovery :pctoss

Its doubtful

[ChumpDumper]

Um pretty simple.

Would you buy a 50,000 car at full price or wait for the black friday 30% off sale?

Hope theres a black friday at some point. But after last nights quick recovery :pctoss

Its doubtful

You're going to buy it at the price you deserve.

[hater]

You're going to buy it at the price you deserve.

I did few years ago :). :tu

Cheers :tu

[ChumpDumper]

I did few years ago :). :tu

Cheers :tu
And now you're completely contradicting yourself. :tu

[hater]

And now you're completely contradicting yourself. :tu

Nope.

Cheers :tu

[ChumpDumper]

Nope.

Cheers :tu
Then why aren't you buying?

[hater]

Then why aren't you buying?

I probably will.cheers :tu

[Millennial_Messiah]

Bitcoin and all crypto definitely a SELL right now. Buy gold, silver, etc.

[hater]

Bitcoin and all crypto definitely a SELL right now. Buy gold, silver, etc.

:lol no

The coins are currently moving from weak hands into strong hands

Ce la vi and hold!!!

[hater]

:lmao

https://x.com/saylordocs/status/1876948503018053675

[ChumpDumper]

Once it stabilizes and nations realize it's more traceable than any of their currencies, why not?

[hater]

Once it stabilizes and nations realize it's more traceable than any of their currencies, why not?

:tu

Cha Ching!!!

[SnakeBoy]

This specific ETF has a great track record of picking undervalued stocks on the rise using a specific formula of price to sales with a record of increasing sales. They revalue once a year and just picked their next thirty stocks for next year

It shit the bed so I'm buying some

[ElNono]

Pastor Who Saw Crypto Project In His 'Dream' Indicted For Fraud

A pastor in Pasco, Washington, has been indicted on 26 counts of fraud for orchestrating a cryptocurrency scam that defrauded over 1,500 investors of nearly $5.9 million (https://www.bleepingcomputer.com/news/legal/pastor-who-saw-crypto-project-in-his-dream-indicted-for-fraud/) between 2021 and 2023. Many of the investors were members of his congregation. BleepingComputer reports:
The US Department of Justice says the pastor, Francier Obando Pinillo, 51, used his position to recruit investors into a fraudulent cryptocurrency venture called "Solano Fi," which he told them "came to him in a dream" and was a guaranteed investment. "Pinillo used his position as pastor to induce members of his congregation and others to invest their money in a cryptocurrency investment business known as Solano Fi," reads the US Department of Justice announcement (https://www.justice.gov/usao-edwa/pr/former-tri-cities-pastor-indicted-multi-million-dollar-cryptocurrency-scam). "Pinillo claimed the idea for Solano Fi had come to him in a dream and that it was a safe and guaranteed investment."

The pastor also set up a Facebook page for Solano Fi to attract more investors outside his direct sphere of influence, as well as a Telegram group named 'Multimillionarios SolanoFi,' which had 1,500 members. The indictment alleged that Pinillo promised investors they would receive guaranteed monthly investment returns of 34.9% at no risk whatsoever. The indictment further claims he directed the victims to make cryptocurrency transfers to wallets under his control, and instead of investing the funds, he diverted them for personal use. Investors were provided access to a Solano Fi web app where they could manage their funds; however, the app showed fake balances and investment returns. Those convinced by the fraud were encouraged to recruit more investors for additional returns, expanding the victims' circle. As in similar scams, when the victims attempted to withdraw money from the Solano Fi app, the transaction failed.

[hater]

https://x.com/saylor/status/1879889131519799712

[SnakeBoy]

Donald Trump is set to sign an executive order making crypto a policy priority as soon as day one of his presidency, sources told Bloomberg.

The order is expected to highlight crypto as a national imperative, and include wording imploring those within the government to work closely with the industry, people familiar with the matter said. The order is also seen establishing a crypto advisory council to guide policy.

If the order includes these details, it would prompt transformation across the industry and potentially lead to an elimination of regulatory issues that have long loomed over the digital-asset space.

https://www.businessinsider.com/trump-crypto-bitcoin-national-reserve-regulation-executive-order-altcoins-sec-2025-1

[Ozzy]

http://www.youtube.com/watch?v=7EbV7kyiKZA

Beautiful new world ...

[Winehole23]

What transnational capital wants is to run things directly with money. Governments tend get in the way of that.

Permanent chaos and corruption are a small price to pay in the short term for the people who already have the most.


The irony is that the initial premise of cryptocurrency was that it eliminated the need for banks, regulations, and government—everything would operate on trust and “transparency on the blockchain” (whatever that means). Trump’s EO puts crypto squarely in the crosshairs of banks, regulation, and the government, which sort of brings the whole scamminess of the crypto concept full circle. In fact, the EO itself may be the biggest scam of all; Matt Tait, a cybersecurity expert, observed on Bluesky (https://bsky.app/profile/pwnallthethings.bsky.social/post/3lgh3ku7jb22i) that Trump’s “digital stockpile” plan is “[a] grand heist of your money that you’ll eventually have to pay for. Bitcoin as an investment works by you being able to buy magic coins, but sell those magic coins to a ‘greater fool’ later. This isn’t a stockpile. It’s making the USG the greater fool of last resort.”https://contrarian.substack.com/p/tell-me-how-many-bitcoins-are-in

[hater]

Nobody should force you to but bitcoin.

Also nobody should force you to sell.

Yes the ledger is public. And thats what makes bitcoin unbreakable.

If u buy bitcoin off markets like coinbase. Sure the government will know and can track it

But if you buy it with cash off some guy. No. They cannot track it.

Thats the beauty of bitcoin. Tbqh

It can be safe, dangerous, anonymous, public or anything in between.

The beauty is 100% of the decision rests on the user :tu

[Winehole23]

Elliott Management warns of crypto bubble

https://crypto.news/trumps-crypto-ties-could-cause-havoc-70b-hedge-fund-warns/

[Winehole23]

Trump doing a rugpull on his own supporters doesn't get as much play as one might think

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:clxs5bimkdx2zvxzrbs6v3pw/bafkreielvahhtm77tuumkrtguajhhlc4ucjz3xqjofcmlsncd 7hd3olf7a@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:pnx2fjuannbdpy3337ggthpp/bafkreifodpjwfzyejwsohrd7kqjoi4ds3bq7k7zefe24noymj huxsz7x7a@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6guagmhjwdanmotimn45j3pq/bafkreigg2ewjpuq3vugt625lk4y7t72uweu7i2c6l5b4xx3lj yq4m6ab34@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:as5vpbkjjmbdztvrklfibybc/bafkreicnxg2uehn25uqsx7pd7jlfthihnl7kjp5elzgwqapwf scp746eje@jpeg

[Thread]

"Even Kronk know that not real money."

[Millennial_Messiah]

Does this mean buy the dip? This is a yuge dip especially for altcoins

Dogecoin down to 23 cents... damn Elon Musk wtf?

[hater]

Lol ETH

Glad I never bought that garbage or any other alts

There is no second best

[Winehole23]

Does this mean buy the dip? This is a yuge dip especially for altcoins

Dogecoin down to 23 cents... damn Elon Musk wtf?BUY THE DIP HODLERS

[Winehole23]

pay for play

the $75 million Coinbase gave to Trump paid off

https://www.nytimes.com/2025/02/21/technology/coinbase-sec-lawsuit.html

[hater]

https://x.com/BTC_Archive/status/1893082871465644153

[CosmicCowboy]

It shit the bed so I'm buying some

Yeah that one is down. Shit happens but it's not a loss till I sell. Fortunately it's only a small part of my holdings

[Winehole23]

NK has ramped up attacks on crypto since 2017

Looks like the Lazarus Group got ~$1.5 billion this time


Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack (https://www.coindesk.com/business/2025/02/21/bybit-experiences-usd1-46b-in-suspicious-outflows-zachxbt) that saw hackers, believed to be from North Korea’s Lazarus Group, drain its ether cold wallet.

The total assets tracked on wallets associated with the exchange plunged from around $16.9 billion to $11.2 billion at the time of writing, according to data from DeFiLlama (https://defillama.com/cex/bybit?usdInflows=true). The exchange is now looking to understand exactly what happened.

https://www.coindesk.com/business/2025/02/22/bybit-sees-over-usd4-billion-bank-run-after-crypto-s-biggest-hack

[Thread]

NK has ramped up attacks on crypto since 2017

Looks like the Lazarus Group got ~$1.5 billion this time

https://www.coindesk.com/business/2025/02/22/bybit-sees-over-usd4-billion-bank-run-after-crypto-s-biggest-hack

"believed to be from North Korea"

tee, hee.

Whenever ya's need a boogeyman it's either Russia, China, or, N. Korea.

[Winehole23]

rollbacks not possible, some insiders say

hackers win?


Yuga Labs Blockchain vice president, who goes by the X handle 0xQuit, said the impact of a rollback would be much “larger than $1.5B.”
“Thousands of innocent people would lose money, thousands more would gain money they shouldn’t,” Quit said (https://x.com/0xQuit/status/1893303779753369807) in an X post. Quit added:

Ethereum is now the home of decentralized finance and the settlement layer for countless rollups. You can't just rewind that sort of infrastructure.

https://www.msn.com/en-us/money/other/ethereum-rollback-deemed-technically-intractable-amid-bybit-hack-pressure/ar-AA1zB1XK

[Thread]

"Even Kronk know that not real money."

[Winehole23]

what people will do for money is bonkers


A crypto trader known as MistaFuccYou shot himself live on X (formerly Twitter) after losing his last $500 in a meme coin rug pull on Friday night.

Before pulling the trigger, MistaFuccYou (https://x.com/MistaFuccYou) loaded a revolver on stream and said: “If I die, make me a meme coin.” The gun misfired twice. On the third attempt, it fired.

The livestream, which ran for over 30 minutes after his death, had him bleeding out while the crypto community reacted in real-time as meme coins using his name flooded the market within minutes.

MistaFuccYou, who also went by “Im really poor,” was 23 years old, according to users on X and Reddit. His posts on X show a bit of mental health struggles, and some in the community believe the suicide was also tied to a breakup as he used to talk about his “shorty,” but suddenly stopped around two weeks before the incident.

Minutes after he died, a meme token called “Mistacoin” appeared, with a developer sending him 70% of the total supply before his death. Reactions on Crypto Twitter were mixed. Some traders rushed to buy the tokens, betting on the hype. Others condemned the community. One X user broke (https://x.com/NFTherder/status/1893179353942401253) it down:


“So let me get this straight. This guy starts streaming live on X. Gets scammed. Asks for refunds. Pulls out a six-shooter. Says ‘If I die, make a meme out of me,’ pulls the trigger three times. Dies. Stream continues for 30 minutes. And people instantly create a meme coin? WTF?”



“The meme coin industry is pure evil,” another person wrote. “This guy literally went live to play Russian Roulette to pump a coin, and it ended up killing him.”
https://www.cryptopolitan.com/crypto-trader-kills-himself-on-x-live-to-create-a-meme-coin/

[Millennial_Messiah]

Ouch. Bitcoin finally crashed below 90k. Down to 87k and rapidly falling. It's over for this bull cycle.

[Winehole23]

BUY THE DIP

[Millennial_Messiah]

BUY THE DIP

But, .........but, it's still dipping, Trixie.

:lol under 80k and still falling

:lol people who bought the "Trump bump" when Trump is vehemently anti crypto and lied to the libertarians about everything except the Ross Ulbricht sentence commutation

[Winehole23]

weird that trump is pumping these downmarket crypto names, wonder who's getting the juice besides trump


https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:4usmserhjqkvhldgedfjb3jw/bafkreifbi7ywe6gmf5ynonvjwspyvnexajde6hgpxdu44tgxc rcsd6hopi@jpeg

[Winehole23]

I wonder where DJT is getting the money for this

is DOGE stealing from the US Treasury?

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:cftispd22jtul7kol7eov4ck/bafkreign3uhozz32uc6nctfuilisarthtib5asfcg6wyzqqun 5md2zodoy@jpeg

[Winehole23]

(fwiw, Trump's own meme coin is on Solana)

[Winehole23]

plausible


This was the end goal of crypto (https://bsky.app/profile/cooperlund.online/post/3ljfupml4m22l) aligning behind Trump - the crypto economy has very few actual dollars in it and relies on finding new people to hold the bag to get their dollars. The US government is the ultimate bag holder and they’re going to use your tax dollars to bail out crypto owners.

[Millennial_Messiah]

Definitely a "cash out the temporary up tick" moment in time...


Individual states, including very deep red states in the upper Plains, have pretty unanimously ruled out having a state Bitcoin or crypto reserve. Trump is saying this but it will never pass through Congress. Too many traditional conservatives who don't like crypto and then the Democrats will vote pretty much in unison against it just because Trump is for it. It would never go through the Senate. Too many fiscal establishmentarians.


Solana still isn't doing that great even after today's unusual Sunday pump. Cardano shot up the fastest, I wouldn't call it downmarket, really all of those he tweeted are all the A-tier cryptos. Solana has kind of had a weak bull cycle to begin with and Ethereum still hasn't even had an annual gain, sitting about where it was right before the election even after today's pump.


XRP is still the big winner of the Trump election so far (could change) and, unsurprisingly, Litecoin did next to nothing today (it seems to have an odd unique behavior that is INELASTIC of what BTC and the rest do).

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:y4hhn7pe4tshnu2n4zn3hfrr/bafkreid7iysugkxi55q4yfmrnj45jcq3vuxxduto6rq3bmwun 4avswpgiy@jpeg

[Winehole23]

comments at FT

https://www.nakedcapitalism.com/wp-content/uploads/2025/03/Screen-Shot-2025-03-03-at-4.00.59-PM.png
https://www.nakedcapitalism.com/wp-content/uploads/2025/03/Screen-Shot-2025-03-03-at-4.01.13-PM.png
https://www.nakedcapitalism.com/wp-content/uploads/2025/03/Screen-Shot-2025-03-03-at-4.02.38-PM.png
https://www.nakedcapitalism.com/wp-content/uploads/2025/03/Screen-Shot-2025-03-03-at-4.03.24-PM.png

[Winehole23]

we can't afford park rangers, but we can afford a Bitcoin bailout

[Winehole23]

anyone care to explain how this helps anyone besides the handful of billionaires in Trump's administration?

[scott]

anyone care to explain how this helps anyone besides the handful of billionaires in Trump's administration?

https://www.noahpinion.blog/p/a-sovereign-crypto-fund-is-a-new

[Millennial_Messiah]

we can't afford park rangers, but we can afford a Bitcoin bailout

:lol And now it's right back down to where it was Friday/Saturday.

Everything except Cardano lost yesterday's gains which is kind of in the middle of its $.60s to $1.1 range in the $.80s but still trending back downward.

[Winehole23]

:lol And now it's right back down to where it was Friday/Saturday.

Everything except Cardano lost yesterday's gains which is kind of in the middle of its $.60s to $1.1 range in the $.80s but still trending back downward.got knocked down by Trump's new business taxes

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:rx3v6x4vdzamb4ntjz7fhws4/bafkreiawds3uaxb4be4s4pz7aika34lcmbyolew7nr4vvwivo 63p37vwmi@jpeg

[Blake]

anyone care to explain how this helps anyone besides the handful of billionaires in Trump's administration?

They'll never touch this

[Winehole23]

They'll never touch thisscott had a good reply: it can be used as slush fund for political patronage more broadly

[Winehole23]

Bankruptcy expert Adam Levitan of Credit Slips thinks the GENIUS Act creates an implicit government backstop for stablecoins


Now we’re again at another peak crypto moment, and it appears that the industry has learned …. nothing (or perhaps everything, if you’re cynical), as it is pushing federal stablecoin legislation, the so-called GENIUS Act (https://www.hagerty.senate.gov/wp-content/uploads/2025/02/GENIUS-Act.pdf), that is going to lull a lot of investors into thinking that stablecoins are safe assets, namely that a stablecoin is always redeemable for US dollars at a 1:1 ratio. It’s not. A stablecoin will maintain a 1:1 peg … until it doesn’t, and once that happens, stablecoin investors are going to be taking serious haircut in the ensuing bankruptcy. None of the insolvency provisions in the GENIUS Act change that. There is no way to eliminate credit risk for free, but the GENIUS Act sets up expectations: I fear that this legislation is going to make unsophisticated investors wrongly believe that credit risk on stablecoins is not an issue. If that happens, the GENIUS Act is setting the stage for a federal bailout of disappointed cryptocurrency investors when a stablecoin issuer goes belly-up and investors discover that they don’t have the protections they thought they had.

In other words, the GENIUS Act is creating an implicit guaranty of stablecoins, which means it is creating an implicit subsidy of the whole DeFi world that operates outside the reach of anti-money laundering regulations. What genius thought this up?



By creating a regulatory regime for stablecoins, the federal government will “own” any problem that arises in the market. And here’s the pernicious operation of its ineffective insolvency provisions: they promise to have created safety for stablecoin investors at no cost, but because it cannot deliver on that promise, it sets up a situation where the government has to deliver safety otherwise, on its own dime. In other words, it sets up a bailout. When there is another crypto crash and stablecoin owners realize that their going to incur major losses, they will come crying for a bailout, noting how critical stablecoins are for the whole DeFi world and how they thought their investments were safe because of the GENIUS Act.https://www.creditslips.org/creditslips/

[Winehole23]

Crypto discussions at HUD



Dennis and HUD spokesperson Kasey Lovett both denied the accounts of their colleagues. “The department has no plans for blockchain or stablecoin,” Lovett said. “Education is not implementation.”


Robert Judson, the EY executive involved in the conversations, confirmed that they took place. “We as a firm were having discussions with select individuals at that agency,” he said when reached by phone. Judson told ProPublica he would seek EY’s approval for a full interview, then didn’t call back.


The White House, EY and Musk did not respond to requests for comment.


HUD officials held at least two meetings about the blockchain proposal last month. A list of attendees to the first meeting included staffers from the offices of the CFO and Community Planning and Development. CPD administers billions of dollars in grants that support low- and moderate-income people, including funding to develop affordable housing, run homeless shelters, support disaster recovery, relocate domestic violence survivors and build parks, sewers and community centers. It was the CFO’s office that called for the meeting, one person told ProPublica.


Also listed as a meeting attendee was Judson from EY. For years (https://www.youtube.com/watch?v=_Ps5eTHmMVk&t=3120s) Judson has advocated for the blockchain, a digital ledger of sorts that creates an immutable record of transactions saved across multiple computers. Boosters of the technology cast it as a way to cut middlemen such as banks and credit card companies out of financial transactions and make those transactions more transparent and secure. Judson has written (https://untoday.org/how-blockchain-can-get-funds-to-those-who-need-them-most/) that the blockchain can help organizations prevent money from being siphoned off for unintended purposes. “As digital assets such as stable coins or digital currencies take hold, more powerful applications will emerge for integrated value exchange,” he wrote. Dennis, who served as HUD CFO in the first Trump administration, also wrote, in a 2021 book, that the agency should use technology such as “blockchain, robotics, and next-generation financial management systems.”


Stablecoins are backed by reserves including traditional currency, commodities and Treasury securities. That is supposed to ensure that their value — unlike that of, say, Bitcoin — doesn’t fluctuate. However, on several high-profile occasions (https://www.moodys.com/web/en/us/about/insights/data-stories/stablecoins-instability.html), the value of stablecoins has done just that.


At the HUD meeting, attendees discussed a “proof of concept” project in which CPD would begin to track the funding going to a single CPD grant recipient and possibly subrecipients on the blockchain. The need for the project was “not well articulated,” one attendee later wrote in meeting notes.


Following the meeting, a HUD official wrote and circulated a memo within the agency panning the idea. “Without exaggeration, every imaginable implementation of this at HUD appears dangerous and inefficient,” the memo reads.
https://www.propublica.org/article/hud-considers-crypto-blockchain-stablecoin-housing-urban-development

[Winehole23]

"Trump didn't come around until we started giving him heavy bribes"



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:exrxvyu6bpoym6mbnctke5tn/bafkreig4t633g2frx3wah6sa7kfhb6pkhhjb435axx3wj6xnm zrpgkkdom@jpeghttps://thehill.com/policy/technology/5170036-trump-sec-crypto-industry-changes/

[Thread]

"Trump didn't come around until we started giving him heavy bribes"


https://thehill.com/policy/technology/5170036-trump-sec-crypto-industry-changes/

Without the House or better aim you can't end him.
tee, hee.

[Winehole23]

this is kind of freewheeling

we do live in freewheeling times


... we are confronted with three distinct narratives about cryptocurrency:




Cryptocurrency as Revolutionary Technology: Cryptocurrency, with its blockchain technology, offers a new way of transacting that cuts out intermediaries like banks and governments. The transactions are private, verifiable, and secure. Unlike gold or silver, cryptocurrencies solve the logistical issues of storage, transfer, and counterfeit prevention. Julian Assange, for example, recommended cryptocurrency to Google’s executive chairman and lizard-man Eric Schmidt (https://en.wikipedia.org/wiki/Eric_Schmidt) as early as 2011, as recounted in the book When Google Met WikiLeaks (https://www.amazon.com/When-Google-WikiLeaks-Julian-Assange/dp/1944869115/), after WikiLeaks found itself cut off from the financial system.
Cryptocurrency as Fundamentally Corrupted and Controlled: I have previously discussed (https://neofeudalreview.substack.com/p/misconceptions-regarding-viewing)how the entire crypto space has been corrupted by Tether. This $100 billion operation, run by known fraudsters, has never undergone a proper audit, and there is strong evidence suggesting that it has artificially inflated the crypto market by printing vast amounts of funds out of thin air and buying digital coins with them. The daily trading volume of Tether is greater than the trading volume of the top ten coins combined. The Tether scam, which was suspected as early as 2017, raises doubts about the legitimacy of the entire cryptocurrency ecosystem. Governments, I believe, could easily crash the market by targeting Tether or by shutting down fiat on/offramps like Coinbase. I felt uneasy about investing in crypto for these reasons - why would governments allow a viable alternative to fiat currency to flourish, especially when crypto is often used in illicit activities?Erik Wikström (https://open.substack.com/users/44668586-erik-wikstrom?utm_source=mentions)


discusses this a bit in this comment (https://substack.com/@theparadisianway/note/c-96684484?utm_source=notes-share-action&r=1w6cct). Bitfinexed (https://x.com/Bitfinexed) on Twitter has also focused on the details of Tether with sustained energy for years.

3. Cryptocurrency as a Positive Investment Because It’s Corrupted: This perspective sees the crypto corruption as a plus, with the CIA and NSA backing Tether to prevent its collapse (the Russian term for this kind of protection is a krisha. In this manner the elites felt comfortable with growing the space because they control it - they could pump or crash the market at their leisure. By allowing the crypto space to grow, these agencies were able to test blockchain technology in preparation for upcoming Central Bank Digital Currencies (CBDCs), which are poised to result in the greatest loss of personal freedom in history, discussed previously here (https://neofeudalreview.substack.com/p/on-the-digital-panopticon-mark-of). Crypto has also allowed these elites to enrich themselves and bolster CIA black operations. With research into CBDCs basically finished (https://cbdctracker.org/) and ready for rollout - either gradually (via Musk/Trump $5,000 payments to people via CBDC, perhaps?) or rapidly as a dialectical solution to a contrived financial crisis - the primary objective of privately owned crypto has already been accomplished. It seems the exit strategy of our elites will be to offload the massive cost of this privately owned crypto Ponzi scheme onto the public through government-backed cryptocurrency reserves and other bailouts. This third stage is far more cynical and disillusioned than the second, which still held some belief in the rule of law and the ability of institutions to control fraud. I’m convinced that if the elites hadn't been able to dominate and control the crypto space, it would have collapsed much sooner.


Thus, these three levels of understanding - cryptocurrency as worth investing in, as not worth investing in, and ultimately worth investing in again - mirror the logic of the precogs in The Minority Report: the initial belief in cryptocurrency as a revolution, followed by a realization of its corruption, and ultimately an acceptance of it because the system is controlled by those in power. Two out of three, investment wins and those who did early got amazingly rich from it!
https://neofeudalreview.substack.com/p/from-revolution-to-corruption-the

[Winehole23]

Cryptocurrency is at the stage now of in-your-face violent, intense fraud. The cryptocurrency industry backed Trump to win the election and has heavily capitalized on it; investigations into the endless number of crypto scams have been shut down, Howard Lutnick (https://en.wikipedia.org/wiki/Howard_Lutnick) - an arch-criminal heavily involved in the Tether scam (https://www.coindesk.com/policy/2025/02/04/howard-lutnick-softens-stance-on-tether-stability-investment-ties-during-senate-hearing) - is now the Secretary of Commerce, the investigation into corrupt Coinbase has been shut down after they donated tens of millions to his campaign (and the CEO’s sister now works for DOGE (https://substack.com/@cryptadamus/note/c-97207655?utm_source=notes-share-action&r=1w6cct)), the investigation into also arch-criminal Justin Sun has been shut down (https://dailyhodl.com/2025/03/02/crypto-billionaire-justin-sun-receives-reprieve-from-sec-on-fraud-charges/) after his enormous contributions to Trump, Trump himself has benefitted from the enormously in-your-face corrupt TRUMPCOIN (launched two days before his inauguration where he made billions of dollars from it!) and MELANIACOIN, and each time crypto starts falling in price a new narrative is released to re-pump the price (such as Trump pledging to introduce a governmental crypto reserve). Corporate transparency has also been banished (https://substack.com/@cryptadamus/note/c-97532961?utm_source=notes-share-action&r=1w6cct) by executive fiat. All while the IRS is being cut in half (https://www.msn.com/en-us/money/taxes/the-irs-is-drafting-plans-to-cut-as-much-as-half-of-its-90000-person-workforce-ap-sources-say/ar-AA1AfG05?ocid=BingNewsSerp) (something I am not opposed to in theory, but when combined with the above it’s clearly being done to facilitate fraud).

(https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa77600a 7-167c-42eb-94ad-9349f533bd05_3072x1728.jpeg)
There’s also enormous insider trading going on — the day before Trump introduced the governmental crypto reserve idea someone bought $200 million of Bitcoin and Ethereum on 50x leverage and made $1.5 billion of profit in a single day. Someone sent me the below image from a Telegram chat or elsewhere, I cannot speak to it’s origin but the bet must be from someone deeply connected within the administration.

https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:s teep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff1eec3e b-f2b1-439f-90b7-ef11e0d3dfd2_1320x572.png

(https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff1eec3e b-f2b1-439f-90b7-ef11e0d3dfd2_1320x572.png)Michel de Cryptadamus (https://open.substack.com/users/96801203-michel-de-cryptadamus?utm_source=mentions) noted a smaller (still seven figures) but similar trade at 50x leverage here (https://substack.com/@cryptadamus/note/c-97826161?utm_source=notes-share-action&r=1w6cct). This is so wrong and gross. And we’re only two months into this administration! Imagine where we will be as a country with four years of this (or longer if Vance wins in 2028) - it boggles the mind.Anyway, I’m too disturbed by what’s unfolding in this space to keep focusing on the details. Cryptadamus is doing an excellent job of exposing the staggering extent of in-your-face corruption so check out his Substack Notes (https://substack.com/@cryptadamus?) for more information. The wolves are in the henhouse now, and there's no longer any fear of prosecution from the authorities. The CIA/NSA-backed Tether scam will eventually be offloaded onto the public who will bear the cost through inflation. CBDCs are ready to roll out, and a woke, sinister AI is being fine-tuned to usher in a digital panopticon (https://neofeudalreview.substack.com/p/on-the-digital-panopticon-mark-of), where everyone’s behavior will be micromanaged on an individual level. The head of the Bank for International Settlements, Agustin Carstens, brags about what is coming soon with their micromanaged CBDC control grid and dramatically decreasing quality of life for most:

One can see these pigs at the trough rushing to get rich so that they are on the ruling end of this rapidly progression transition to neoliberal feudalism (https://neofeudalreview.substack.com/p/humanity-as-a-slave-making-ant-colony).

[Millennial_Messiah]

Duy the bip?

[Winehole23]

Marcus Rowland Andrade, founder of a cryptocurrency called Anti-Money Laundering Bitcoin, orchestrated a multimillion-dollar pump-and-dump scheme on investors in 2017, a 12-person San Francisco federal jury decided Wednesday.

Andrade, a Texas businessman who worked with the notorious lobbyist Jack Abramoff to market AML Bitcoin as a safe and reliable payment system, could face decades in prison under the verdict. The jury deliberated for about a day before finding Andrade guilty of one count of wire fraud and one count of money laundering.
h​ttps://news.bloomberglaw.com/litigation/anti-money-laundering-bitcoin-founder-guilty-of-fraud-scheme

[Winehole23]

Trump family thinks Binance is a good bet, for some reason


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:4kshoaytrzhgsziro6ywozul/bafkreiapytpixbrn4iikfcwofzd7lqxk5tz37ewczob6qciot cdk3red2u@jpeghttps://www.wsj.com/finance/currencies/trump-family-has-held-deal-talks-with-binance-following-crypto-exchanges-guilty-plea-05b029fa

[Thread]

Trump family thinks Binance is a good bet, for some reason

https://www.wsj.com/finance/currencies/trump-family-has-held-deal-talks-with-binance-following-crypto-exchanges-guilty-plea-05b029fa

It's unfathomable, but you ain't gonna stop him, so be it.

[CosmicCowboy]

Hey Hater...am I still stupid for selling at 99k? I will probabably buy back in tomorrow at 80.

[Winehole23]

hater is a heavy hitter, huh

[Winehole23]

with a bought and paid for Trump covering their backs, crypto-lords launch a vendetta against their erstwhile regulators


The cryptocurrency industry endured a legal onslaught from the Securities and Exchange Commission — and won.
Now, some of its biggest names are firing back at the Wall Street regulator.

In the wake of President Donald Trump’s election with the aid of hefty contributions from crypto, industry executives and backers have begun testing their new political power by pushing for accountability from the SEC — and in some cases payback — as the regulatory landscape shifts in their favor.

Coinbase CEO Brian Armstrong (https://x.com/brian_armstrong/status/1863774342267781222) and Ripple’s top lawyer, Stuart Alderoty (https://x.com/s_alderoty/status/1863260651096859045), are calling on the industry to shun law firms that hire SEC employees who were involved in the crackdown, chilling the job market for staff exiting the agency. Coinbase also pressed the SEC for information (https://assets.ctfassets.net/sygt3q11s4a9/52T2nR85KGBesqIXT0YrWH/9286453a94bd6f2711dd308d0b6b0824/2025_03_03_FOIA_Request_to_SEC__IV_.pdf) on how much money it spent investigating crypto companies under former Chair Gary Gensler. And billionaires Cameron (https://x.com/cameron/status/1894876433979154893?s=46) and Tyler Winklevoss (https://x.com/tyler/status/1895140485280243736) — the Trump-supporting twins behind crypto company Gemini — want the agency to fire the investigators who worked on their case and to call them out on its website.

“Crypto needs rules, not because investors lack protection but because builders and companies lack protection — we need a firewall against federal regulatory attacks,” Cameron Winklevoss wrote on X (https://x.com/cameron/status/1896965985636139096). “[The] enemy is inside the system.”
https://www.politico.com/news/2025/03/17/vendetta-sec-targeted-crypto-industry-00229070

[Winehole23]

new crypto SPAC launched by principals of Trump Media



Renatus Tactical Acquisition Corp I, a special purpose acquisition company incorporated in the Cayman Islands, is looking to raise at least $179 million through both an initial public offering and private placement, funds it plans to use to acquire another business.


The firm’s leadership has deep ties to President Donald Trump’s media company: Renatus Tactical CEO Eric Swider is a Trump Media board member and led the company that merged with it; Devin Nunes, CEO, president and chair of Trump Media, also chairs Renatus Tactical’s board; and Alexander Cano, Renatus Tactical’s COO, was president and secretary of the firm that merged with Trump Media.


Renatus Tactical is targeting acquisitions in the cryptocurrency and blockchain, data security, and dual-use technology sectors, industries with heavy government involvement as regulators or major clients, according to its SEC filing.


Trump appointees lead the SEC, Department of Justice and Federal Trade Commission, agencies that oversee regulatory and legal reviews of mergers.

Swider, Nunes and spokespeople for Trump Media did not immediately respond to requests for comment.

https://www.forbes.com/sites/zacheverson/2025/03/19/trump-media-spac-renatus-tactical-nunes-swider-ipo/

[SnakeBoy]

(Reuters) - The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping launder more than $7 billion for North Korean and other cyber hackers.

https://finance.yahoo.com/news/us-scraps-sanctions-tornado-cash-161509406.html

[Winehole23]

(Reuters) - The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping launder more than $7 billion for North Korean and other cyber hackers.

https://finance.yahoo.com/news/us-scraps-sanctions-tornado-cash-161509406.htmlwhat do you think about your own post?

[Thread]

They had a round table some where today over this Crypto materiel and I had a TO with my Green Acres...they were discussing who would honor a virtually unknown "coin"...

tee, hee.

[ChumpDumper]

what do you think about your own post?

He can't.

[Thread]

He can't.

Ya moron, you.

[Winehole23]

He can't.He almost never does

So shy with his personal opinion

On an anonymous board

[Winehole23]

Trumpies like to flex, but they're cowardly about their own ideological commitments for some reason

Bad faith

[Thread]

Trumpies like to flex, but they're cowardly about their own ideological commitments for some reason

Bad faith

I'm with him...since the "Both Sides" event a thousand years ago. He teetered that night trying to decide if he had it in him to do what he'd set out to do, or, to cave in & sell out.

It was a long night back then. I tossed and turned on my couch all night long, worrying about him and what he'd do, and of course the Suns/tee, hee.

But come morning he marched his chubby rump out there and lit CNN's Acosta up..."Both sides." He's never looked back.

I told him he'd never look and find me not there. He followed me. And the rest is history. I told the wife I'd take a bullet for him. She yelled at me and made me a cornbread instead. "Don't ever say that again, Dale, especially in front of the children and I mean it."

[Winehole23]

Trump doing crypto fraud, as a little treat


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:cftispd22jtul7kol7eov4ck/bafkreie6sztw7qv5mntalivai4giqztul4brczyoq3prvgwjh p6miksbgq@jpeg

[Winehole23]

crypto is one of the Trump family's private business interests

what a masterstroke to have the head of the clan as US president, pushing it as a political slush fund




World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin.
The stablecoin, dubbed USD1, will be pegged to the U.S. dollar and be backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents.

https://www.cnbc.com/2025/03/25/trumps-world-liberty-financial-jumps-into-stablecoin-game-with-usd1-reveal.html

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ur77nun2q74loi34r2e6r43u/bafkreifgkirvucbj5kghdsrzrqdidpthrgad5ilmeebatc4h5 u3dim4djq@jpeg

[Winehole23]

family business


Dominari Holdings Inc. (Nasdaq: DOMH (https://www.prnewswire.com/news-releases/dominari-holdings-investment-american-data-centers-becomes-american-bitcoin-in-transformative-bitcoin-mining-deal-with-hut-8-302415473.html#financial-modal)) today announced that American Data Centers Inc. ("ADC") and Hut 8 Corp, ("Hut") partnered to form American Bitcoin Corporation. As previously announced, ADC was a wholly owned subsidiary of Dominari, but became an independent company, whose members include Donald J. Trump Jr., Eric Trump, Dominari and other industry professionals in the AI space. In partnership with Hut, American Bitcoin Corp., will focus on industrial-scale bitcoin mining and strategic bitcoin reserve development and monetization.https://www.prnewswire.com/news-releases/dominari-holdings-investment-american-data-centers-becomes-american-bitcoin-in-transformative-bitcoin-mining-deal-with-hut-8-302415473.html

[Winehole23]

Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims (http://ttps://coingeek.com/struggling-miner-hut-8-pushes-back-on-short-seller-pump-and-dump-claims/)


Hut 8 (https://coingeek.com/news/tag/hut-8/) is in full damage control mode following a short-seller’s report that the BTC (https://coingeek.com/news/tag/btc/) block reward miner is setting investors up for “the coming HUT Pump and Dump.”

On January 18, short-selling firm J Capital Research released a report (https://www.jcapitalresearch.com/uploads/2/0/0/3/20032477/2024_01_18_hut.pdf) on Hut 8 detailing “management hiding stock ownership through [an] undisclosed related party, a stock-promoter cabal, and a host of left-for-dead assets.”

J Cap claims Hut 8 shareholders are at risk of “being on the wrong side of an over-levered pump-and-dump, only to be left holding the most inefficient [BTC] miner, which is unprofitable even at a [BTC] price of over $60,000.”

The report follows Hut 8’s 2023 merger (https://coingeek.com/canadian-court-approves-btc-miner-hut-8-merger-with-usbtc/) with U.S. Bitcoin Corp (https://coingeek.com/news/tag/usbtc/) (USBTC), the Texas-based mining outfit. USBTC was part of the Fahrenheit group (https://coingeek.com/former-celsius-exec-strikes-deal-agrees-to-testify-against-ceo-alex-mashinsky/), a consortium that last year assumed control of the assets of bankrupt digital asset lender Celsius Network (https://coingeek.com/news/tag/celsius-network/), including its 122,000 BTC mining units.

J Cap claims USBTC is “backed by promoters with a history of legal trouble,” including co-founder/CEO Michael Ho, a former Vancouver-based car salesman that J Cap claims has links to “Honig group stock promoters.” Barry Honig (https://coingeek.com/riot-blockchain-investor-poised-to-win-in-breach-of-contract-lawsuit/) is a Florida businessman who was once the largest shareholder of BTC miner Riot Blockchain (https://coingeek.com/news/tag/riot-blockchain/) (since rebranded as Riot Platform).

[Winehole23]

olly olly oxen free



The U.S. Department of Justice (DOJ) has disbanded its National Cryptocurrency Enforcement Team (NCET) in what was once seen as a central task force for the federal government on crypto matters—the four-page memo, released Monday evening by Deputy Attorney General Todd Blanche.

Blanche cited President Trump's January executive order as the catalyst for his decision.

Established in Feb. 2022, NCET (https://www.justice.gov/criminal/national-cryptocurrency-enforcement-team) was a regulatory authority that oversaw the criminal abuse of cryptocurrencies and digital assets. It brought together prosecutors from the DOJ's money laundering and cybercrime divisions.

It helped lead high-profile crypto cases, such as those around Tornado Cash (https://www.thestreet.com/crypto/markets/u-s-treasury-lifts-sanctions-against-tornado-cash), Avraham Eisenberg, and North Korean hackers. The unit is no longer running, "effective immediately," said Blanche.

Blanche, who also represented Trump as his key defense attorney (https://apnews.com/article/todd-blanche-trump-lawyer-deputy-attorney-general-5d526fd4c5919bc2e9522e4f7bfbf758) in his 2024 criminal trial, wrote, "The Department of Justice is not a digital assets regulator," denouncing the department saying it was a "reckless strategy of regulation by prosecution" under the Biden administration.
https://www.msn.com/en-us/news/politics/trump-keeps-promise-doj-ordered-to-disband-crypto-department/ar-AA1CwOnv

[Winehole23]

AND WHY WOULDN'T I?

I'M ABOVE THE LAW, NO ONE CAN STOP ME



https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:4i5w6v5fuhjcsskcl7koxnr7/bafkreidb6gexjaihgjdm7aijki3n47hxhd2ljlxu6yy5hnjkg leu5n7dam@jpeg

[Winehole23]

Trump auctioning off personal access and a White House tour

Corruption is just a background assumption for Republicans


Trump will have dinner with the top 220 holders of the Trump memecoin at an “intimate private dinner” on May 22 at his private club in Washington. The top 25 Trump coin holders will also get a White House tour and reception before the dinner. www.bloomberg.com/news/article... (https://www.bloomberg.com/news/articles/2025-04-23/president-trump-to-host-dinner-with-top-holders-of-his-memecoin?srnd=undefined)

[Winehole23]

The coin skyrocketed on the news, at one point up 49%

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:u3smqiqgoclp6fi3qbkrgjwd/bafkreigpxz4zvbh73ma4gf7rvr7wsbpiwjnon5zpvnylojtzv pq6xoofxy@jpeg

[Thread]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:u3smqiqgoclp6fi3qbkrgjwd/bafkreigpxz4zvbh73ma4gf7rvr7wsbpiwjnon5zpvnylojtzv pq6xoofxy@jpeg

How does one turn those Cryto coins into spendable money/cash, Winester?

[Winehole23]

bright line corruption and self-dealing



Mr. Trump’s return to the White House has opened lucrative new pathways for him to cash in on his power (https://www.nytimes.com/2024/12/05/us/politics/trump-organization-ethics-policy-foreign-deals.html), whether through his social media company or new overseas real estate deals. But none of the Trump family’s other business endeavors pose conflicts of interest that compare to those that have emerged since the birth of World Liberty.

The firm, largely (https://www.worldlibertyfinancial.com/) owned by a Trump f (https://static01.nyt.com/newsgraphics/documenttools/8793b04e9c73c074/273dbca8-full.pdf)amily corporate entity (https://static01.nyt.com/newsgraphics/documenttools/8793b04e9c73c074/273dbca8-full.pdf), has erased centuries-old presidential norms, eviscerating the boundary between private enterprise and government policy in a manner without precedent in modern American history.

Mr. Trump is now not only a major crypto dealer; he is also the industry’s top policy maker. So far in his second term, Mr. Trump has leveraged his presidential powers in ways that have benefited the industry — and in some cases his own company — even though he had spent years deriding crypto as a haven for drug dealers and scammers.

He has filled his administration with sympathizers to the crypto cause, including by appointing a former adviser to industry players as chairman of the Securities and Exchange Commission. In addition, the Justice Department recently disbanded a crypto crimes task force, continuing a broader unwinding of Biden-era scrutiny of the industry.

A Times examination of World Liberty’s rapid ascent from fledgling startup to international force — and Mr. Trump’s conversion from crypto skeptic to industry cheerleader — highlights the range of conflicts of interest trailing the company:



World Liberty has directly benefited from Mr. Trump’s official actions, such as his announcement of a federal crypto stockpile that would include a digital currency the firm has invested in. The president’s announcement caused a temporary jump in the value of World Liberty’s holdings.
World Liberty has sold its cryptocurrency to investors abroad, including in Israel and Hong Kong, according to interviews and data obtained by The Times, establishing a new avenue for foreign businesses to try to curry favor with Mr. Trump.
Several investors in World Liberty’s coin managed firms that the federal government accused of wrongdoing. They include an executive whose fraud case was suspended after he invested millions of dollars in World Liberty. Other investors and business partners, some of whom haven’t been publicly identified before, are looking to expand in ways that will require the Trump administration’s approval.
World Liberty proposed swapping cryptocurrencies with at least five start-ups, and often used the Trump name to solicit steep payments as part of the deals. Even in an industry with a disreputable history, the deals raised alarm among veteran executives.

​

“It’s a black spot on our industry,” said Andre Cronje, a founder of SonicLabs, a crypto firm that turned down World Liberty’s pitch. Anyone who accepted would “obviously think they’re going to make money because it’s the officially endorsed Trump project.”

A spokesman for World Liberty, David Wachsman, disputed that any of the company’s deals constituted a “one-sided payment for services rendered.” But he acknowledged that the company has engaged in “mutual investment deals,” and said that its deal-making had resulted in “thoughtful, strategic exchanges between parties who stand to mutually benefit.”
Mr. Wachsman also said it would be “false, absurd and dangerous to suggest that investments or partnerships with World Liberty Financial were conducted as some sort of political quid pro quo.”

“Never has an investor or partner requested any political favoritism,” he said. “Nor would we ever entertain such a possibility.”

Still, the company’s deal-making benefits the president’s family. A Trump business entity owns 60 percent of World Liberty, according to the company’s website, (https://www.worldlibertyfinancial.com/) and is entitled to 75 percent of certain revenue from coin sales, which could be converted into cash.

“It’s one of the more successful things we’ve ever done,” Eric Trump, the president’s son who runs the family business, said in an interview this month at the Trump Doral golf course in Florida.


https://www.nytimes.com/2025/04/29/us/politics/trump-crypto-world-liberty-financial.html?unlocked_article_code=1.DU8.0BVl.BB 1df1DOQGkU

[Thread]

bright line corruption and self-dealing


https://www.nytimes.com/2025/04/29/us/politics/trump-crypto-world-liberty-financial.html?unlocked_article_code=1.DU8.0BVl.BB 1df1DOQGkU

SOP. The Magic Negro came in to the WH with $3 million. He left the WH 8 years later with over $70 million. On a salary that paid him a half million a year.

Let us proceed...

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2amnkge5a6hplfwyesmxqkfl/bafkreicnvdqivetdtbnqn446xus6skjtolvyslbvke5qamiyp e6da45aui@jpeg

[Blake]

No no, Trump is already rich, he doesn't need any more money. He's 100% in it for America.

[Blake]

He's not in it for that big luxury jet they offered.

[ChumpDumper]

Funny, TSA and the rest of the Trumptards haven't said shit about this stuff.

[Winehole23]

Bribe-o-rama


Buyers spent more than $140 million to snap up $TRUMP meme coins in a bid to secure an invitation to an "intimate dinner" (https://www.cbsnews.com/news/trump-coin-dinner-with-president-meme-coin-price/) with President Trump, according to data analytics firm Inca Digital.

On April 23, the digital currency got a boost when it announced that its top 220 holders as of May 12 would be invited to a dinner with the president. That helped raise the value of the meme coin by more than 40% from the announcement through May 12, partially reversing an 88% slump in the weeks prior.

The top holders of the $TRUMP meme coin spent anywhere from as little as $53,500 to as much as $16.4 million to grab one of the dinner invites with Mr. Trump, Inca Digital's analysis found.

As of the contest's end on May 12, the biggest holder of the digital currency was an account named Sun VIP, according to the analysis. While it's impossible to know the identity of any of the account owners due to the anonymity of digital wallets, many of the purchases were made through exchanges that don't accept U.S. customers, such as Bybit and Gate.io, Inca's research reveals.

"A ton of these users sent funds to international exchanges," noted Austin Ryan, director of marketing for Inca Digital, a firm that analyzes crypto data for risk issues like liquidity and front-running. "The thought is that if they are interacting with those exchanges, they are not in the U.S."https://www.cbsnews.com/news/trump-meme-coin-top-220-buyers-spent-140-million-analysis/

[Winehole23]

https://99bitcoins.com/wp-content/uploads/2025/05/2-billion-in-stolen-crypto-funds-in-2024-alone.png

[Winehole23]

the main use cases of crypto are crime and corruption -- it's not fit for purpose as a currency otherwise


Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million fallout. Now, the fallout could cost the exchange anywhere from $180 million to $400 million (https://www.bbc.co.uk/news/articles/c80k5plpx8do), and that’s before we even get into reputational damage.https://99bitcoins.com/news/exchanges/coinbase-hacked-up-to-400m-at-risk-after-insider-scam/

[Winehole23]

Even the winners at the bottom of the leaderboard spent far more than the legal limit (https://www.fec.gov/help-candidates-and-committees/candidate-taking-receipts/contribution-limits/) for an American to donate directly to a political candidate, $3,500.

The top spender revealed himself Tuesday (https://www.nbcnews.com/business/business-news/trump-coin-crypto-dinner-who-is-top-holder-justin-sun-rcna207983) as Justin Sun, a Chinese-born crypto entrepreneur who told Forbes in March (https://www.forbes.com/sites/ninabambysheva/2025/03/27/meet-the-crypto-billionaire-who-just-helped-the-trumps-net-400-milllion/) he had become a citizen of the tiny island nation of St. Kitts and Nevis. Sun was sued by the Securities and Exchange Commission, but that case has been paused under the Trump administration.

The identities of most of the other contest winners are largely private, known only by their pseudonymous nicknames and cryptocurrency wallet addresses. However, a majority of the attendees appear to be foreign nationals, according to Molly White, an independent crypto researcher who has written about the contest (https://www.citationneeded.news/trump-memecoin-dinner-guests/).
https://www.nbcnews.com/tech/crypto/trumps-crypto-dinner-cost-1-million-seat-average-rcna207802

[Winehole23]

White examined each winning wallet’s transactions as they crossed through different crypto exchanges, and noted when the holder appeared to use an exchange that does not legally allow U.S. citizens. Of the 220 wallets tied to contest winners, 158 of them, or 72%, appear foreign, White told NBC News.

A New York Times investigation (https://www.nytimes.com/2025/05/12/us/politics/trump-crypto-coin-auction.html) reported that the leaderboard included people representing crypto businesses in Singapore and Australia.

The prevalence of non-U.S. citizens among the contest winners is notable, as it is generally illegal for people who are not U.S. citizens to donate to American political candidates, Weiner said.

[hater]

the main use cases of crypto are crime and corruption -- it's not fit for purpose as a currency otherwise

https://99bitcoins.com/news/exchanges/coinbase-hacked-up-to-400m-at-risk-after-insider-scam/

:lmao still with the same tired old bull shit :lmao :lmao


110k here we come :tu

[hater]

It feels like The Coin will reach 200k by end of this year :tu

[DMX7]

It feels like The Coin will reach 200k by end of this year :tu

I own some and even I think it's a Ponzi scheme. If the US dollar collapses because of the huge financial crisis that is probably coming our way then look out. It really could take off....

[hater]

I own some and even I think it's a Ponzi scheme. If the US dollar collapses because of the huge financial crisis that is probably coming our way then look out. It really could take off....

Im only talking about bitcoin

How d hell can u consider it a ponzy scheme with the stability and uptrend it has had las 2-3 years?

That graph is an investors dream

Lol

[DMX7]

Im only talking about bitcoin

How d hell can u consider it a ponzy scheme with the stability and uptrend it has had las 2-3 years?

That graph is an investors dream

Lol

I'm talking about bitcoin. Every Ponzi scheme has stability and uptrend in appearance and for the first people to cash out.... then it eventually collapses. Maybe it's more accurate to call it a massive "pump and dump" scheme instead of Ponzi TBH.

[Winehole23]

Adam Levitin in Credit Slips on the GENIUS ACT

Backing up stablecoins with FDIC deposits has some foreseeable problems


The Senate is set to take up a vote on this Thursday on the GENIUS Act, the legislation to create a regulatory framework for stablecoins. Whatever else one might think about stablecoins or the GENIUS Act, its insolvency provisions are an absolute mess, both conceptually and in drafting. If the GENIUS Act becomes the law, we're in for a FUBAR situation when a stablecoin issuer ends up insolvent. Even more concerning, if a bank custodian for a stablecoin issuer's reserves ends up insolvent, the claims of the stablecoin investors will come ahead of the bank depositors. That's right. Crypto comes ahead of ma-and-pa.

The effect: stablecoins are being subsidized by bank deposits. Now that's GENIUS.
https://www.creditslips.org/creditslips/2025/05/the-genius-acts-insolvency-provisions-crypto-investors-come-ahead-of-bank-depositors.html

[Winehole23]

Yes, you read that correctly: Congress is about to put the claims of stablecoin investors ahead of ma and pa's bank deposits. That's just stunning. Now ma-and-pa's deposits are FDIC insured, so they'll be alright, but it means the FDIC's Deposit Insurance Fund is footing the bill. In other words, the GENIUS Act is subsidizing stablecoin issuance on the back of bank deposits. By subordinating the FDIC's subrogation claim in a bank insolvency to the claims of stablecoin investors, the GENIUS Act is effectively letting FDIC insurance leak out to cover uninsured stablecoins, without any insurance premiums paid. That's just wrong. Whatever the merits of stablecoins, they shouldn't be subsidized by the banking system. Satoshi would be turning in his grave to see his vision of an unintermediated p2p payment system be transformed into a centralized system that relies on a forced subsidy from the banking sector.

[hater]

I'm talking about bitcoin. Every Ponzi scheme has stability and uptrend in appearance and for the first people to cash out.... then it eventually collapses. Maybe it's more accurate to call it a massive "pump and dump" scheme instead of Ponzi TBH.

Yeash ponzi is not. There is no pyramid and noone controls the scheme

Amything could be pump and dump. Wall street is pump and dump

[Winehole23]

Yeash ponzi is not. There is no pyramid and noone controls the scheme

Amything could be pump and dump. Wall street is pump and dumpany take on Republicans' plan to subsidize stablecoins with bank deposits?

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gpnca5cprqfxcz3i3jjlmi35/bafkreic6fwq5d5ndn35ibaxqoalhdyatrbelaomx5y6bqrtnu 5vranhhri@jpeg

[Winehole23]

World Liberty Financial’s USD1 stablecoin, a cryptocurrency whose value is pegged to the U.S. dollar, began trading (https://x.com/worldlibertyfi/status/1925087829886963822) Wednesday on KuCoin, a crypto exchange headquartered in the Seychelles.

KuCoin pleaded guilty (https://www.justice.gov/usao-sdny/pr/kucoin-pleads-guilty-unlicensed-money-transmission-charge-and-agrees-pay-penalties) in the United States in January to one count of operating an unlicensed money transmitting business, agreeing to pay almost $300 million in penalties and exit the U.S. market for at least two years.

KuCoin’s indicted cofounders, Chun Gan and Ke Tang, also agreed to no longer have any role in the company’s management or operations, according to the Justice Department, which deferred prosecution against them for two years.

Spokespeople for the White House, World Liberty Financial, the Trump Organization and KuCoin did not immediately respond to inquiries.

[hater]

any take on Republicans' plan to subsidize stablecoins with bank deposits?

Lol your banks already use your deposits for whatever the fuck they want

Stablecoins are just shitcoins with lipstick.


There is only one crypto asset. Bitcoin

There is no second best

[DMX7]

Yeash ponzi is not. There is no pyramid and noone controls the scheme

Amything could be pump and dump. Wall street is pump and dump

If you buy an S&P 500 ETF, that's not pump and dump. These are overwhelmingly real companies with real cash flows that are growing. That's worth something. Of course it can go up and down based on changing conditions and company performances, but that's not pump and dump.

[hater]

If you buy an S&P 500 ETF, that's not pump and dump. These are overwhelmingly real companies with real cash flows that are growing. That's worth something. Of course it can go up and down based on changing conditions and company performances, but that's not pump and dump.

The price of any stock is decided by the demand for that stock

You are not really buying the companies assets but the demand for them

Classic pump and dump 101

[DMX7]

The price of any stock is decided by the demand for that stock

You are not really buying the companies assets but the demand for them

Classic pump and dump 101

You're buying a share of company's assets and their projected future profits/cash flows. That's not pump and dump unless it's a meme stock in which the price is totally disconnected from the company's health. There aren't that many meme stocks relative to the overall market (1,000+ stocks).

[hater]

You're buying a share of company's assets and their projected future profits/cash flows. That's not pump and dump unless it's a meme stock in which the price is totally disconnected from the company's health. There aren't that many meme stocks relative to the overall market (1,000+ stocks).

Nope

If a health company announces a new cancer vaccine rhe stock price instantly skyrockets.

Next day if turns out that was false price plummets

You didnt buy rhe companys actual value on day 1. You bought the hype.

Classic pump and dump

[Winehole23]

according to Karoline Leavitt, Trump attended the crypto dinner "on his private time"

here's a pic from the dinner


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:7upoypvlxudsiv4pzbi5jtwf/bafkreihvvydm4jicrmk7wue2ldi75jtahuvduewmpqdst6niz 6gked7z4m@jpeg

[Winehole23]

the price of this dinner, reportedly, was not included


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:u4mkozlkynxgdnsxaric2ieq/bafkreidm5d7o5scw7zkqytrelnfrjrfohjzkfg7myckb3vbba lthkn2hly@jpeg

[hater]

the price of this dinner, reportedly, was not included


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:u4mkozlkynxgdnsxaric2ieq/bafkreidm5d7o5scw7zkqytrelnfrjrfohjzkfg7myckb3vbba lthkn2hly@jpeg

Food looks like shit

There magaretards have no class

[DMX7]

Nope

If a health company announces a new cancer vaccine rhe stock price instantly skyrockets.

Next day if turns out that was false price plummets

You didnt buy rhe companys actual value on day 1. You bought the hype.

Classic pump and dump

Uhh.. no.

If the company lied about it then you file a lawsuit against it, and that is a pump and dump. That's not the overall stock market though.

[Winehole23]

guy with a $30,000/month flat tortures Italian tourist for Bitcoin password


According to a criminal complaint provided to CBS News New York, the victim arrived in New York City from Italy on May 6 and then went to the suspect's home in SoHo.

At Woeltz's arraignment Saturday, prosecutors said the victim was lured to the home by being told he would be able to retrieve Bitcoin, which he had allegedly been previously forced to send the suspect under threat. According to the criminal complaint, he was then tied up and tortured for several weeks.

The victim managed to escape Friday and flagged down a nearby traffic agent, who called 911, prosecutors said.

At the arraignment, prosecutors said that while the victim was being held, he told investigators he was shocked with electric wires, his leg was cut with a saw, and he was forced to smoke crack cocaine. Police later recovered a saw from the home, prosecutors said.

Evidence recovered from the scene includes chicken wire, ballistic helmets, body armor, night vision goggles, t-shirts with pictures of the victim with a crack cocaine pipe in his mouth, along with Polaroids of the victim with a firearm pointed at his head, prosecutors said in court.

Blood was also found in various areas of the apartment to indicate the victim had been tortured, prosecutors disclosed.

Prosecutors alleged in the hearing that at one point, Woeltz and an accomplice hung the victim over the ledge at the top of the stairs inside the home while threatening to kill him if he didn't hand over his Bitcoin password.

The victim told investigators the suspect and his accomplice took his electronics and passport, hid them, and threatened to kill his family, prosecutors said during the arraignment. The victim said he managed to escape after agreeing — out of fear that he was about to be killed — to give up his Bitcoin password, which was on his laptop.

When the suspect left to go get the laptop, the victim, barefoot, bloodied and traumatized, ran outside for help, prosecutors said.
https://www.cbsnews.com/newyork/news/kidnapping-torture-arrest-soho-italian-tourist/

[Winehole23]

WH "vetoes" ethics rules in Crypto bill


The White House has vetoed (https://x.com/laurashin/status/1933684392733385012) a bipartisan clause that would deal with conflicts of interest in the CLARITY Act. This provision was proposed by legislators to tackle possible ethical problems with political leaders’ ties to crypto ventures. The decision has since halted the talks while the fate of the bill is uncertain.


Although the CLARITY Act was passed by a committee markup, the ethics clause has caused tension between the Congress and the administration. The language that was rejected intended to ensure senior officials such as the President and the Vice President do not participate in crypto-linked businesses. However, the bipartisan language was opposed by the white house.
https://www.tronweekly.com/white-house-vetoes-ethics-clause-in-clarity-act/

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:exrxvyu6bpoym6mbnctke5tn/bafkreiaki5utyfb4wshcthrdim2nlg24fegx74f7sukogqudf on4b36qoa@jpeg

[Winehole23]

Trump is a straight up crook running a gangster regime



Trump’s private events on 22 May to reward the top purchasers of $Trump have sparked strong criticism of the president from ethics watchdogs, ex-prosecutors and scholars for exploiting his office for personal gain in unprecedented ways. But they fit in a broader pattern of how Trump has exploited the power and lure of his office to enrich himself and some top allies via cryptocurrencies.

“Self-enrichment is exactly what the founders feared most in a leader – that’s why they put two separate prohibitions on self-benefit into the constitution,” said former federal prosecutor Paul Rosenzweig. “Trump’s profiting from his presidential memecoin is a textbook example of what the framers wanted to avoid.”

Scholars, too, offer a harsh analysis of Trump’s crypto dealings.

“I have never seen such open corruption in any modern government anywhere,” said Steven Levitsky, a professor of government at Harvard University and an expert on authoritarian regimes who co-authored the book How Democracies Die.
https://www.theguardian.com/us-news/2025/jun/17/trump-crypto-memecoin-corruption

[Winehole23]

https://img.texasmonthly.com/2025/06/ben-mckenzie-everyone-is-lying-to-you-for-money.jpg?auto=compress&crop=faces&fit=fit&fm=jpg&h=0&ixlib=php-3.3.1&q=45&w=1250

https://www.texasmonthly.com/arts-entertainment/ben-mckenzie-crypto-documentary-everyone-is-lying-to-you-for-money/

[Winehole23]

18 Dems vote yes in the Senate

they see the $$$



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:qirafn4ixijht46fh2mvtwid/bafkreibeycg6t2ungwfbtsvkc4gifvafjautcrdcsfysyeyeh b4gu55oje@jpeg

[Winehole23]

open corruption


Sometime after June 8, the language on World Liberty’s site changed again—this time showing that DT Marks DEFI LLC owns about 40% of the business, down from 60%. Again, details on the transaction are scant. Given the volatility of Circle’s stock, it’s difficult to guess how much the Trumps might have received in a sale. But if the business were valued like Circle was on Friday, the Trump family might have cleared $190 million, with an estimated $135 million of that going to the president.

Representatives of the Trump Organization and World Liberty did not respond to requests for comment, which makes sense, given that broadcasting divestments could theoretically damage the value of Trump’s remaining crypto holdings.
https://www.forbes.com/sites/danalexander/2025/06/19/trump-company-reduces-its-stake-in-crypto-venture/

[Winehole23]

18 Dems vote yes in the Senate

they see the $$$

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:qirafn4ixijht46fh2mvtwid/bafkreibeycg6t2ungwfbtsvkc4gifvafjautcrdcsfysyeyeh b4gu55oje@jpegsymbolic opposition by the Dems

they want that $$$

Schiff voted for the Genius Act


Donald Trump and other senior administration officials have made a fortune off of crypto schemes.

Today, I'm introducing the COIN Act to put a stop to this corruption in plain sight.

youtu.be/4zOtklEunwE

[velik_m]

Fannie Mae, Freddie Mac ordered to consider crypto as an asset when buying mortgages

The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer's cryptocurrency holdings in their criteria for buying mortgages from banks.

William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies Wednesday to prepare a proposal for consideration of crypto as an asset for reserves when they assess risks in single-family home loans.

Pulte also instructed the agencies that their mortgage risk assessments should not require cryptocurrency assets to be converted to U.S. dollars. And only crypto assets that “can be evidenced and stored on a U.S.-regulated centralized exchange subject to all applicable laws” are to be considered by the agencies in their proposal, Pulte wrote in a written order, effective immediately.

Pulte was sworn in as the head of FHFA in March. Public records show that as of January 2025, Pulte's spouse owned between $500,000 and $1 million of bitcoin and a similar amount of Solana’s SOL token.
...


https://abcnews.go.com/US/wireStory/fannie-mae-freddie-mac-ordered-crypto-asset-buying-123209223

[Winehole23]

Can't imagine what could go wrong

[Winehole23]

Loading up the US mortgage market with crypto has foreseeable downsides...

How many of y'all remember 2008-9?

[Winehole23]

Opacity of risk, bubble economics

[Winehole23]

CC wept and wailed about Fannie and Freddie back in the Obama days...I wonder what he thinks now about Trump griftmatizing them

[Winehole23]

the 2008-9 payment crisis set the precedent: government backstops insolvent GSEs

it was implicit before that

[Winehole23]

CC wept and wailed about Fannie and Freddie back in the Obama days...I wonder what he thinks now about Trump griftmatizing them

[Winehole23]

brazen corruption and self-dealing at this point



World Liberty Financial disclosed in an SEC filing (https://www.sec.gov/Archives/edgar/data/2043140/000204314025000001/xslFormDX01/primary_doc.xml) last week (first flagged by independent journalist Wendy Siegelman (https://bsky.app/profile/wendysiegelman.bsky.social/post/3ltacdlv4ls2b)) that it sold another $52.1 million of tokens to 1,966 investors—this time distributing $50.7 million to Trump and other founders, rather than retaining all proceeds within the company as in its initial sale.

If distributed according to current ownership stakes, the July payout could have netted the Trump family around $20 million—though the filings don’t break out individual distributions, and Alan Palmiter, a professor at Wake Forest University who specializes in securities regulation, told Forbes he’s not aware of any requirement that payments be proportionate to equity stake.

World Liberty Financial declined to comment, and the Trump Organization did not respond to an inquiry.

htps://www.forbes.com/sites/zacheverson/2025/07/12/trump-world-liberty-financial-crypto-sec-tokens-wlfi-usd1/

[Millennial_Messiah]

Stellar Lumens doubled on a Sunday. :lmao

[Millennial_Messiah]

https://i.imgur.com/AoIqzvU.jpeg


5 hour gain, 50 grand

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t6ubj2wlhc34awzcymh3qpur/bafkreicrlqvyv3y34xoforo4pmq6ak7rubu5f5ny3x5bylyqx klbjonbhe@jpeg

[Millennial_Messiah]

Meh. Was expecting to check and see a big ole jump and nah, just a generically light green morning :td better than red but, yeah, nothing special

[Winehole23]

Trump and his kids are in the biz, this is more self-dealing and will amplify corruption

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:exrxvyu6bpoym6mbnctke5tn/bafkreigw3na4kjgcaqnhkpaoutuebusl7o6jbsvnkqpgdycfl 2o4rmrnea@jpeg

[Millennial_Messiah]

Cashed out about a hundred grand just on COMP coin alone, bought about 900k worth of that (its hard capped and thus scarce) at 44.15 & sold within a week over 55, still have 425k invested in it for its inevitable rise back into triple digits in the next 2 months, literally the most predictable and obvious investment gain ever.

[Winehole23]

no interest paid to depositors, no deposit insurance

for whom is this a good arrangement?


That’s because a federal law passed this summer with bipartisan support requires banks to take the money they receive for stablecoins and invest it in government bonds and other virtually risk-free assets. Those bonds generate interest, which the bank keeps. Unlike traditional bank accounts, these savings don’t earn even nominal interest for depositors.


Another big change: Stablecoins eschew the century-old practice of automatic federal deposit insurance. If they fail, there is no guarantee of a government backstop.
https://www.nytimes.com/2025/08/13/business/wall-street-banks-crypto-stablecoins.html?unlocked_article_code=1.eE8.EM7E. 5mW9PdvQQds8&smid=url-share

[Winehole23]

The GENIUS Act is morbidly innovative in the sense that it skips the first two steps of a Minsky cycle and jumps straight to the third—Ponzi finance. The bill sets the stage for an entire class of speculative assets that have precisely zero underlying cash flows to be integrated into the financial system. All for the purposes of satisfying an industry whose main contribution to most Americans has been scamming them.https://econjared.substack.com/p/crytpo-theres-just-no-legit-use-case

[Millennial_Messiah]

ITS UP 4% SINCE THIS MORNING HAPPY UPTOBER 1ST!!!! HEIL MUSK!!

Government shutdown is on!! Musk for King!!! LETS GOOOOOOOOOOOO

[Millennial_Messiah]

BITCOIN TO OVER 125K ALL TIME HIGH OMG OMG!!!!!!!!!

[Winehole23]

Tariff otaku jawbones Mr. Market again


The crypto market faced its biggest single-day wipeout in history on Friday.


In just 24 hours, over 1.6 million traders were liquidated, with a total loss of more than $19 billion, according to data from Coinglass (https://x.com/coinglass_com/status/1976796969961193641). The trigger was reportedly President Donald Trump’s new 100% tariff on China and fresh export restrictions that rattled global markets.


Bitcoin, which had just touched a new all-time high above $125,000 earlier this week, plunged more than 12%, slipping below $113,000 (https://markets.coinpedia.org/bitcoin/) by Saturday morning. On some exchanges, it briefly crashed to around $102K before making a small recovery.
https://coinpedia.org/news/crypto-liquidation-hits-19b-as-trumps-china-tariff-triggers-market-crash/

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreiagjvn7exiuhnijxh643lmqifvmszxoekgwx4bumkmna r4y5anoqq@jpeg

https://www.barrons.com/articles/bitcoin-ethereum-melania-trump-crypto-fraud-638eba3b

[Winehole23]

out and out corruption is thematic in Trump 2.0


The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/

[Winehole23]

Truth Social prediction markets will let regular folks get in on the grift



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:cak4klqoj3bqgk5rj6b4f5do/bafkreidefj6cuu4pwt3uanncgc6dvr6ib4gzodtsogjv2pjpx hhradltuu@jpeghttps://www.ft.com/content/485594b3-5a72-4ae1-aa93-8ee987be1569

[velik_m]

out and out corruption is thematic in Trump 2.0

https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/



...
Even so, the pitch apparently worked. On June 26, an obscure entity called Aqua1 Foundation, which said it was based in the United Arab Emirates, announced it was buying $100 million of cryptocurrency tokens from World Liberty. It was the single largest known purchase of the so-called WLFI tokens at the time.

The Chinese businessman who met with Eric Trump in Dubai was Guren “Bobby” Zhou, who has executive roles in multiple businesses and who is under investigation in Britain for money laundering, according to that nation’s National Crime Agency and a document filed in an immigration case at London's Royal Courts of Justice.

Zhou did not respond directly to requests for comment for this article. In a statement emailed to Reuters, an entity calling itself Aqua Labs Investment LLC said Zhou was its co-founder and described itself as an Abu Dhabi entity of Aqua1 Foundation. The statement said Aqua1 Foundation’s investment in World Liberty tokens “was a commercial decision consistent with its focus on advancing regulated, scalable digital-asset ecosystems.” Zhou’s relationship to Aqua1 Foundation has not been previously reported.
...


Bought by China.

[Winehole23]

Bought by China.Xi dogwalked the president yesterday

[Winehole23]

UAE/Trump nexus



https://images.jifo.co/95044291_1761338436710.pnghttps://www.forbes.com/sites/danalexander/2025/10/27/this-gulf-nation-is-powering-trumps-moneymaking-machine/

[SnakeBoy]

JPMorgan Chase & Co. the world's biggest bank by market capitalization has begun deploying a token representing deposits held at the bank, called JPM Coin.

According to a Wednesday Bloomberg report, JPMorgan's institutional clients now have access to the JPM Coin. The bank's blockchain division co-lead, Naveen Mallela, told Bloomberg that the token represents US dollar deposits at the bank and allows users to send and receive money on the blockchain created by US crypto exchange Coinbase, called Base, a platform endorsed by the bank.

JPM Coin enables instant, 24/7 payment processing, which is significantly faster than the typical times seen in the US banking system. The news follows this week's announcement by JPMorgan and Singapore multinational banking group DBS that they are developing a blockchain-based tokenization framework to enable onchain transfers between their deposit token ecosystems.

[Millennial_Messiah]

Time to approve the Clarity Act immediately ASAP, approve the ETF, end the QT garbage that never should have happened and keep the promise to pump bitcoin and strong alts.

[UNT Eagles 2016]

BUY BTC NOW

[Millennial_Messiah]

Buy Bitcoin, ethereum, Avalanche, chainlink, Cardano, uniswap etc. But skip the meme coins and definitely don't buy dogshit like TRUMP or MELANIA coin or Trump's dogshit 'World Liberty Finance' coin. That shit's all going to zero in a couple years.

[Winehole23]

Cash beating Bitcoin YTD


The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months.


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gftip5r3dmyojn5lat333pp5/bafkreia7cpxweawki5sla7vnvjxvmtw7dbhyelm6eqb72awhs t2pbl4nou@jpeg

[Winehole23]

nasty correction


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:3gczycymg3cd7u5ovmtyu7xi/bafkreigijrcx225svvdvajbe5upe6zaqq7guwyty4q2fijuhi ypo6aju74@jpeg

[Winehole23]

BUY THE DIP HODLERS

https://www.nakedcapitalism.com/wp-content/uploads/2025/12/Screenshot-2025-12-02-at-4.31.43%E2%80%AFPM.png




Retail investors who invested in Michael Saylor’s Bitcoin experiment are paying a heavy price as Strategy Inc.’s shares plunged more than 60% from recent highs.
The most popular exchange-traded funds tracking Strategy’s stock have dropped more than 80% this year, with the trio of MSTX, MSTU, and MSTP losing about $1.5 billion in assets since early October.
Strategy Inc. has created a $1.4 billion reserve to fund dividend and interest payments, hoping to calm fears that it may be forced to sell Bitcoin if prices fall further.


Strategy Inc. — the company once hailed for wrapping crypto exposure into a public stock — is scrambling to calm markets after its shares plunged more than 60% from recent highs, amid a sweeping digital-currency rout. On Monday, Strategy said it had created a $1.4 billion reserve to fund dividend and interest payments, hoping to calm fears that it may be forced to sell Bitcoin if prices fall further.

But for many investors, the damage is already done. The most popular exchange-traded funds tracking Strategy’s volatile stock — MSTX and MSTU, which offer double the daily return — have both dropped more than 80% this year. That puts them among the 10 worst-performing funds in the entire US ETF market, out of more than 4,700 products currently trading — just behind obscure short bets against gold miners and semiconductor stocks. A third fund, known as MSTP, launched during the crypto mania in June, is down a similar amount since its debut. Together, the trio has lost about $1.5 billion in assets since early October…

At the center of concern is a valuation metric known as mNAV — or market net asset value — which compares Strategy’s enterprise value to its Bitcoin holdings. That premium has largely vanished, bringing the ratio to around 1.15 — a level executives have flagged as a warning zone. CEO Phong Le said on a podcast that slipping below 1.0 could force the company to sell Bitcoin to meet payout obligations, albeit only as a last resorthttps://www.bloomberg.com/news/articles/2025-12-01/crypto-s-retail-traders-hit-hard-as-strategy-etfs-plunge-80

[Millennial_Messiah]

BUY THE DIP HODLERS


Actually makes sense because 2025 was actually more bearish than bullish despite being a post halving year. Midterm years are typically red for crypto, but we never had a bull market in 2025, and up until 2025 we have never had a red post-halving/post-election year. Trump likes to work differently and uniquely. Most likely the bottom was in a couple weeks ago around 80k and then we'll hit an ATH of around 170k-200k by spring and then fall into a belated bear market that lasts through 2027 and early 2028 and bottoms out around 73k. Since the price of BTC has never ever fallen below any past election day price and never will.

[Winehole23]

"previous coin flips always tell you how the next one will turn"

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2tjnqjbnqampayvk4hez7q3h/bafkreifbwfnutq7lmszyvxl2orfvefvlkuk2svpu5huzkbqba v2eywawam@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:2tjnqjbnqampayvk4hez7q3h/bafkreic6y7sas4fa6c3uyoi2q7bvdgz62c76scivblkc7scne c7nxhuhke@jpeghttps://www.nytimes.com/2025/12/14/us/politics/sec-crypto-firms-trump-investigation.html

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:zf64hzilq4a7yj6lcj34uxvc/bafkreidmo6cxitow4ptinrwcz3ka7ysc5vuamof7j62igwtdv 4jkr4rzve@jpeg

[Winehole23]

crooked top to bottom


Before Todd Blanche could be confirmed as the second-highest official at the Justice Department, he had to satisfy the concerns of ethics officials.

Blanche, President Donald Trump’s personal attorney during his New York criminal trial (https://www.nytimes.com/2024/04/04/nyregion/todd-blanche-hush-money-case.html)last year, was a cryptocurrency investor with holdings of between $159,000 and $485,000, records show (https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/4B1E6A519F015E7D85258C30003200C5/$FILE/Blanche%2C%20Todd%20%20final278.pdf).

To prevent possible violations of the federal conflicts of interest statute, Blanche promised to dump his digital assets no later than 90 days after his Senate confirmation in March, according to his government ethics agreement (https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/0E4C3EB0ACE8404785258C30003217F2/$FILE/Blanche%2C%20Todd%20%20finalEA.pdf). He also pledged not to participate in any matter that could have a “direct and predictable effect on my financial interests in the virtual currency” until his Bitcoin and other crypto-related products were sold.

But about a month into the job — before divesting — Blanche issued a memo (https://www.justice.gov/dag/media/1395781/dl?inline) that ordered an end to investigations into crypto companies, dealers and exchanges launched during President Joe Biden’s term. He also eliminated an enforcement team dedicated to looking for crypto-related fraud and money-laundering schemes.
https://www.propublica.org/article/todd-blanche-crypto-doj-trump

[Winehole23]

Even when he did ultimately divest his crypto interests, Blanche’s ethics records show he did so by transferring them to his adult children and a grandchild, a move the experts said is technically legal but at odds with the spirit and intent of the law.

[Winehole23]

2025 YTD


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gftip5r3dmyojn5lat333pp5/bafkreihwwey5bol4kdhiy5s3ptrhos4fy6dd2s4ddc2j5k7oy 5rnnw5qtm@jpeg

[Winehole23]

obvious conflict of interest, quaint though it be to point that out


Mr. Trump, once a skeptic of cryptocurrency, is now its champion (https://www.nytimes.com/2025/07/09/us/politics/trump-crypto-lobbying.html). He has rolled back (https://www.nytimes.com/2025/12/14/us/politics/sec-crypto-firms-trump-investigation.html) Biden-era restrictions, promoted crypto investments from the Oval Office (https://www.youtube.com/watch?v=3DYEnch-2is) and signed a bill to advance (https://www.nytimes.com/2025/07/17/technology/crypto-industry-milestone-legislation.html) crypto priorities.


But Mr. Trump is also an industry player (https://www.nytimes.com/2025/04/29/us/politics/trump-crypto-world-liberty-financial.html) who stands to gain from these policies. His family’s crypto empire is now its most lucrative venture. And the Trump crypto firms have given private enterprise and governments unprecedented access to the president’s sphere.
https://www.nytimes.com/interactive/2025/12/31/us/trump-deals-policy-conflicts-web.html?unlocked_article_code=1.BFA.BHgU.8lklL_eS KvZh&smid=bs-share

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:474ldquxwzrlcvjhhbbk2wte/bafkreibmeu6tmfraplotldurhuklaal2zx4nd36reaspuixq7 4aqqnrc3m@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:lafbr3dznxdyvgup2umwssht/bafkreidqopgzsinp7y5totruj5ag2mlhoelpqvjem6o62qtgt ocpuxyg5e@jpeghttps://www.theatlantic.com/podcasts/2026/01/crypto-corruption/685299/

[Winehole23]

wallet inspector gag



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ugyl6syayvsrvu5w4uxtlkz4/bafkreifkg2aqcmypgwfrq6u5jstdsdtd6whfj5tdthyqg3fz5 2kyww4zty@jpeghttps://www.web3isgoinggreat.com/?id=trezor-support-scam

[Winehole23]

worst day since April 7th, shortly after Trump laid taxes on the whole country unilaterally


https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:gftip5r3dmyojn5lat333pp5/bafkreigpkiuvetj7rmg4mojscylo4rt3kgqeixi3sw5t6rnia qwe6unxhq@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:ugyl6syayvsrvu5w4uxtlkz4/bafkreifagovjio6ytud2oltwpw5qyqmqkz2ob3mzppamqjbsq 5gb5fk374@jpeg

https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:ugyl6syayvsrvu5w4uxtlkz4/bafkreih5s7nqafzkhqtd5u6ty3l44i4xjp75yipbzrysoe4uu qjoyhxzne@jpeg

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:q5wqr7zofdqyqwoki4cby36x/bafkreihvr2b7ffw5wz2poz7a4lgraclx556dfzjewv6hrugs4 mah2e3she@jpeg

[CosmicCowboy]

If Strategy has to start dumping bitcoin it could crater bitcoin for years.

[Winehole23]

HOW MUCH SHOULD I BUY WHEN IT HITS 50K?



https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:3bqvbzpwgi5mqeqs6qlym26j/bafkreibhpe2b6mzfuk545rwlqlhx2yoxoyo7jgoby62465v5p 63kwanycm@jpeg

[CosmicCowboy]

I've been gone awhle. Did Hater retire on his bitcoin riches?

[CosmicCowboy]

Strategy is now 2.1 billion in the hole. For every thousand bitcoin drops add another $700,000,000. If his lenders start pulling the ripcord he will have to start unloading his bitcoin in mass taking the market with him.

[CosmicCowboy]

Guarantee Saylor is shitting bricks this morning. The have long been scheduled to report earnings (losses) this afternoon after the markets close.

https://www.ccn.com/news/crypto/michael-saylor-under-fire-bitcoin-price-10m-tomorrow-strategy-losses/

https://search.brave.com/search?q=bitcoin+price&rh_type=cc&range=1d

[Winehole23]

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:olfnins2juugu6ljkdvqndjz/bafkreied3re5e7jijomac73qw4kzgyod3bciuy7qujqki5avg 2lxzfxwf4@jpeg

[Winehole23]

Saylor signaled there is a defined threshold under which the company would consider liquidating part holdings. Strategy would only contemplate selling Bitcoin if its NAV fell below 1, describing it as the sole condition that cud force a sale”

As of the time of reporting, Strategy’s NAV sits at 1.09.https://www.strategy.com