Oopsy
Hopefully that means the end of the Ripple caseThis is working out better than we could have ever dreamed. It is uncovering some juicy pay to play connections to former CFO of the Hillary Clinton campaign and current Securities and Exchange commissioner Gary Gensler. He should have kept his nose out of crypto, and been satisfied in regulating the less sophisticated lower hanging fruit.
It's pizza gate all over againThis is about the fourth time I’ve seen FTX linked to Ukraine on here and every time when I read the article all it shows is a crypto donation setup but no actual trail of Ukrainian investment. Which should be easy because the blockchain transactions are all traceable?
That is some interesting activity. I'm sure the Justice Dept or SEC or some .gov agency will get on top of that.View attachment 513096
This should make for some interesting bankruptcy proceedings. Those withdrawals will likely be challenged as preferential payments.
Yep...Not in crypto and never planned to be. I don't do what I don't know. I'm a pretty boring value, dividend and growth/tech investor. Own some real estate too that has worked out well. All that I definitely understand. All the young guys I work with have been in love with crypto, I mean ALL in. I've never been sure that they knew what they were talking about when explaining it and I've always walked away with more questions than answers. Seems it's still in the Wild West phase. Hope none of these young guys I work with got burned, but this can't really surprise anyone. Just seemed so fast and loose to me, but again, I don't know what I don't know. Steering clear for the foreseeable future.
I think you are correct on your prediction about the new system. Unfortunately, I don't think it will be an opportunity that the common man can or will profit from. It will be used as a means of controlling human activity.When the last drooling idiot realizes the money printing presses have passed the point of no return who will bail out the entire worl? Better question what will the new system be driven by? Figure it out before it's to late.
That is some interesting activity. I'm sure the Justice Dept or SEC or some .gov agency will get on top of that.
I think you are correct on your prediction about the new system. Unfortunately, I don't think it will be an opportunity that the common man can or will profit from. It will be used as a means of controlling human activity.