bit¢oin$

I keep thinking it’s a kink term like findom.

being a paypig seems far more rewarding than buying bitcoin

in that I've been tempted to be a paypig but not to buy bitcoin

buttcoin

blockwhips, blockchains

paycoin

Paypal sounds pretty sexy too

paybuddy

bitch better have my money

some intrigue. all I know if paul le roux is that (great) atavist profile a few years ago

If you follow the endless “who is Satoshi Nakamoto” saga, you may have seen new claims of alleged proof that Paul Le Roux is Satoshi. Since I’m getting messages about it, some thoughts... (warning: very long, mute thread if it’s not your bag) 1/https://t.co/4amOnXu4zY

— Evan Ratliff (@ev_rat) December 14, 2022

there was a pretty convincing story about who he was a while ago but i cant remember now lol

i always forget william gibson climaxes

Well, as long as you’re not the one fucking him it probably doesn’t matter

This is weird? The auditor for Binance (and a few other exchanges) appears to be getting out of the game in a hurry.
https://www.ft.com/content/9bde8b35-aba8-4f95-a408-9a3789efd889

is this weird exactly?

Auditing firm cuts ties with crypto clients, deletes Binance's "proof of reserves" report they issued days prior

December 16, 2022https://t.co/glg35j378w pic.twitter.com/8iYzZqD3Jj

— web3 is going just great (@web3isgreat) December 16, 2022

ah weird

Mazars was also Trump Org’s auditing firm.

🚨BINANCE_US RECEIVES $10 MILLION $USDT INFUSION FROM BINANCE MAIN WALLETS.

THESE ARE NOT SEPARATE ENTITIES. FUNDS ARE COMMINGLED ACROSS ENTIRE BINANCE NETWORK!

BINANCE_US IS A FRONT, JUST LIKE FTX_US. https://t.co/bIXgnLkFZX pic.twitter.com/PbxXc25bjf

— DIRTY BUBBLE MEDIA: WHO AUDITS THE AUDITOR? (@MikeBurgersburg) December 17, 2022

who burgs the burgersburg

why has bitcoin not been crashing these past four months? what's keeping it up?

The international crime ring keeping it afloat through wash trades?

Collusion

I mean, I get that, but every day it seems there's a new reason that it should crash for good now, and yet...
I mean are we just waiting for Tether to go?

yeah i think so tho maybe binance going under could trigger it too, i mean the vast majority of crypto is held by a relative handful of people aka the conspirators and theyre going to continue to pump it until they lose their ability to do so or until i guess there just no point which is to say there are no more suckers walking in the door, so in some sense prob itll never end but i do think theres going to be a major crash and then itll just become much smaller for good

recent bloomberg article not sure if it was posted here detailing a leak of fed prosecutors discussing whether they should charge binance now or gather more evidence and charge them later, gotta think theyre all up in tethers shit too

Bitcoin doesn't have a single associated company to be brought down by, people buying bitcoin are generally just voting "it's worth this amount right, it makes sense that it's worth this amount?". It might not make sense, but as long as there's people who think it does, the price will stay up. It's the one that the SEC doesn't consider a security.

theoretically true but not actually how it works

because of the fraud

I think you maybe need to reread that

ok i did now what lol

oh sure in theory bitcoin and some others could be theoretically purchased from an exchange and dumped into a cold wallet you keep at home, making it portable between exchanges and whatever

in practice, very few people do this and the exchange holds the actual blockchain-linked wallet(s) and they claim to hold some notional amount of crypto. don’t worry, the ability to pull your crypto out of an exchange (especially og bitcoin) is directly time-limited according to how many other people are currently attempting a transaction

no URLs. no usernames without the URL. no bypassing restrictions on URLs (like writing example dot com). no posting images with usernames in them.

free speech! pic.twitter.com/S3ZnwxkvSQ

— Molly White (@molly0xFFF) December 18, 2022

sry wrong thread

#onethread

ah look at that

Global Drug Conspiracy Used Binance To Launder Millions In Crypto, DEA Investigation Finds.

Good job Binance. 😂 https://t.co/iNSd6fekQl

— Bitfinex’ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) December 20, 2022

“This is actually an example of where the transparency of blockchain transactions works against criminal actors,” Price told Forbes. “The bad guys are leaving a permanent record of what they're doing.

i mean it prob wouldve worked if they didnt buy the bitcoins from a fed in the first place

Only programmers would decide to use the internet to arrange their illegal transactions instead of a network of scary guys keeping ledgers in a shoebox

there was a super long and interesting New Yorker article a year or two back abt the feds using blockchain analysis to bust people, not gonna go into details but bad people

yeah its a good way to extract money from cyber crimes but besides that better to do it the old fashioned way

🚨 BREAKING: The SEC has officially charged Caroline Ellison & Gary Wang with defrauding FTX investors. https://t.co/r1dLYLuxRw

— Tiffany Fong (@TiffanyFong_) December 22, 2022

🚨 BREAKING: Caroline Ellison & Gary Wang have plead guilty to fraud & are cooperating with prosecutors.

— Tiffany Fong (@TiffanyFong_) December 22, 2022

hope some vcs go down with this

welp that's why Caroline and Gary were so quiet

Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz

— US Attorney SDNY (@SDNYnews) December 22, 2022

credit where credit’s due, thank you feds and bahamas

that plea deal must have been sweet to roll over so quickly, or people really hate paying lawyers

hope some vcs go down with this

DOJ and SEC often don’t file charging docs until they already have the plea.

the vcs are how the sec has jurisdiction here, unfortunately
― 龜, Wednesday, December 21, 2022 10:02 PM (yesterday) bookmarkflaglink

they can still be guilty of crimes right

i mean, yeah, but what would you charge them with?

pumping n dumping shitcoins

but just generally there seems to be a ton of collusion between the various crypto whales were some of them vcs do any of the cooperators know anything about that, and even outside of ftx seems like industry wide were going to have a lot of telling happening soon, its probably happening now tbf