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Search results for tag #crypto

[?]⚯ Michel de Cryptadamus ⚯ » 🌐
@cryptadamist@universeodon.com

Ω🪬Ω
: A Rather Alarming Epstein / Russia / Israel Crypto Timeline

The recently released make it crystal clear that 's involvement in was much deeper and long lasting than had been previously understood.

Not only do we now know that Epstein funded bitcoin's development team at starting from 2015, we also now know that introduced co-founder, business partner, scammer, and man with an extremely sordid history of sex crimes against children to former president . Summers would go on to join the board of (), the most important crypto VC fund in the U.S.

Beyond that there's

1. Epstein's proposal to a operative that they should create a stablecoin

2. A bunch of sinister sounding emails between Epstein and"influential men" in about "the e-currency"

3. Bannon + Epstein's plot to undermine Europe with crypto money

4. The integration of and the family

5. Accusations from the former head of 's financial unit about Netanyahu's involvement in crypto

6. The relationship between Chinese criminal AKA , Steve Bannon, and Epstein

...and so much more. Retoots appreciated.

* Substack: cryptadamus.substack.com/p/the
* DocumentCloud (for Substack haters): documentcloud.org/documents/26

A Rather Alarming Epstein / Russia / Israel Crypto Timeline

Alt...A Rather Alarming Epstein / Russia / Israel Crypto Timeline

    Michał "rysiek" Woźniak · 🇺🇦 boosted

    [?]Soatok Dreamseeker [he/him] » 🌐
    @soatok@furry.engineer

    This is a must-read.

    cryptography.io/en/latest/stat

      [?]R. Scott (i47i) :freebsd_logo: » 🌐
      @i47i@hachyderm.io

      The crypto industry's bet on Trump is collapsing in real time.

      Charles Hoskinson—Ethereum co-founder and Cardano creator who vocally supported Trump in 2024—now says Trump made US crypto "worse than under Biden." He's demanding Trump's crypto czar resign and claims he personally lost $2.5B.

      What happened?
      • Trump's $TRUMP memecoin crashed 80%, destroying bipartisan support for legislation
      • The CLARITY Act (crypto's key regulatory bill) is stalled in Senate
      • Most crypto tokens fell 40-50% since Trump took office
      • Record government shutdown paralyzed Congressional work

      The irony: crypto leaders courted Trump expecting a boom. Instead they got memecoins, political toxicity, and legislative gridlock.

      Hoskinson's assessment is devastating: "We thought the government would pump our bags. Instead they pulled a rugpull scam on us."

      @molly0xfff has been tracking crypto's Trump pivot—and now the retreat: hachyderm.io/@molly0xfff/11381

      Sources:
      📰 benzinga.com/crypto/cryptocurr

      📰 livebitcoinnews.com/cardano-fo

      📰 coindesk.com/news-analysis/202

      📰 cnbc.com/2026/01/11/crypto-law

        [?]Molly White » 🌐
        @molly0xfff@hachyderm.io

        I've mentioned this before, but one thing I've been closely watching for is when crypto people begin to distance themselves from Trump.

        November 2024 vs. January 2026

         Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration. 

        Alt... Cardano founder Charles Hoskinson has also clearly been trying to woo Trump, claiming very shortly after the election that he was “going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy”.6 While he has continued to boast vaguely about meetings with various influential figures, winkingly describing a “VIP dinner” where “diet coke will certainly be on [the menu]”, there’s been little outside confirmation that he’s had much access to the Trump administration. 

        Cardano creator Charles Hoskinson said U.S. President Donald Trump's administration has put the American crypto industry in a worse position than it was under Trump's predecessor, former President Joe Biden.

        Alt...Cardano creator Charles Hoskinson said U.S. President Donald Trump's administration has put the American crypto industry in a worse position than it was under Trump's predecessor, former President Joe Biden.

          [?]⚯ Michel de Cryptadamus ⚯ » 🌐
          @cryptadamist@universeodon.com

          fascinating history of the rise and fall of one of the world's top scam lords operating out of , Prince Group CEO Chen Zhi from one of the incredibly brave Cambodian reporters on the ground who've been tracking the takeover of the country by Chinese organized crime, funded by crypto scams.

          Zhi was just arrested and extradited (to china) and the US government seized $13 billion worth of his a few months ago (China got the man, US got the bitcoins).

          and the massive cyberscam slave compounds Chen Zhi operated are among the biggest users of 's on Trump business partner 's blockchain .

          huangyan.substack.com/p/the-ri

            [?]⚯ Michel de Cryptadamus ⚯ » 🌐
            @cryptadamist@universeodon.com

            from the Might As Well Make It Official Department: the trump family's stablecoin business has applied for its own bank charter

            businesswire.com/news/home/202

            World Liberty Financial Announces that WLTC Holdings LLC has Submitted an Application for a National Trust Bank Charter to Issue and Custody USD1 Stablecoins

            Alt...World Liberty Financial Announces that WLTC Holdings LLC has Submitted an Application for a National Trust Bank Charter to Issue and Custody USD1 Stablecoins

              [?]⚯ Michel de Cryptadamus ⚯ » 🌐
              @cryptadamist@universeodon.com

              Peter Thiel and Howard Lutnick’s “free speech” video and cloud services platform Rumble has launched its new Tether powered in-app money laundering crypto¹ payments system and a truly impressive array of rightoid freaks, conspiracy theorists, russian influence peddlers, and sex pests is here to tell you about it.

              ¹ i think you can now pay your spies send tips via Tether USDT, bitcoin, and (i think) “Tether Gold” (XAUT).

              Tweet by Alex Jones: "This is a HUGE game changer!"

              Alt...Tweet by Alex Jones: "This is a HUGE game changer!"

              Tim Pool - @Timcast Not only is your account safe from third party pressure but it allows regular people to easily trade USD, Gold, and Bitcoin Its bringing crypto to a normie market, easier to trade and understand Its the next big step needed to help regular people use bitcoin on a daily basis Chris Pavlovski 2 & BB @chrispavlovski - 3h If its not clear, I'll make it really clear. Rumble Wallet will compete directly against Coinbase and Venmo -- but we're NOT custodial and we CANNOT shutdown your account. Its true financial freedom to buy, hold and tip crypto.... 8:51 AM - Jan 7,2026 - 73.8K Views

              Alt...Tim Pool - @Timcast Not only is your account safe from third party pressure but it allows regular people to easily trade USD, Gold, and Bitcoin Its bringing crypto to a normie market, easier to trade and understand Its the next big step needed to help regular people use bitcoin on a daily basis Chris Pavlovski 2 & BB @chrispavlovski - 3h If its not clear, I'll make it really clear. Rumble Wallet will compete directly against Coinbase and Venmo -- but we're NOT custodial and we CANNOT shutdown your account. Its true financial freedom to buy, hold and tip crypto.... 8:51 AM - Jan 7,2026 - 73.8K Views

              Russell Brand

              Alt...Russell Brand

                Glyph boosted

                [?]Molly White » 🌐
                @molly0xfff@hachyderm.io

                “WAGMI” — we're all gonna make it — was crypto's 2021 rallying cry. But those with wealth and power knew it was a lie, and that “all” just meant them. My latest traces the last five years from hype to technoligarchy — and why they're not all gonna make it either.

                citationneeded.news/the-year-o

                  [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                  @cryptadamist@universeodon.com

                  “Gamblers, trying to collect their payout from , left baffled as they learn that the US operation carried out in Venezuela does not meet Polymarket's definition of an invasion”.

                  (and just in case you’re wondering, is a thing, unlike which lets you gamble in real money)

                  By Brett Arends (MarketWatch) -- If this isn't an invasion, what is? Donald Trump Jr.'s private investment company bought a stake in Polymarket last year, and he joined the company's advisory board. Who says the U.S. government didn't just invade Venezuela to capture its president and first lady? A global betting market with close ties to the Trump family, that's who. Customers of Polymarket are crying foul after the world's biggest prediction market has refused to pay out on bets that the U.S. would "invade" Venezuela, claiming that the events over the weekend don't count. "Then what the f- would be an invasion?" asked one anonymous client in a post on the Polymarket website, calling the company "Polyscam.” "Polymarket has descended into sheer arbitrariness," said another. "Words are redefined at will, detached from any recognized meaning, and facts are simply ignored. That a military incursion, the kidnapping of a head of state, and the takeover of a country are not classified as an invasion is plainly absurd." "You wanna be f-ing kidding me," wrote another. "So it's not an invasion because they did it quickly and not many people died?" asked another. (The New York Times, citing a Venezuelan official, has reported a death toll of 80 in the raid.) The comments section turned to heavy sarcasm, with several gamblers asking

                  Alt...By Brett Arends (MarketWatch) -- If this isn't an invasion, what is? Donald Trump Jr.'s private investment company bought a stake in Polymarket last year, and he joined the company's advisory board. Who says the U.S. government didn't just invade Venezuela to capture its president and first lady? A global betting market with close ties to the Trump family, that's who. Customers of Polymarket are crying foul after the world's biggest prediction market has refused to pay out on bets that the U.S. would "invade" Venezuela, claiming that the events over the weekend don't count. "Then what the f- would be an invasion?" asked one anonymous client in a post on the Polymarket website, calling the company "Polyscam.” "Polymarket has descended into sheer arbitrariness," said another. "Words are redefined at will, detached from any recognized meaning, and facts are simply ignored. That a military incursion, the kidnapping of a head of state, and the takeover of a country are not classified as an invasion is plainly absurd." "You wanna be f-ing kidding me," wrote another. "So it's not an invasion because they did it quickly and not many people died?" asked another. (The New York Times, citing a Venezuelan official, has reported a death toll of 80 in the raid.) The comments section turned to heavy sarcasm, with several gamblers asking

                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                    @cryptadamist@universeodon.com

                    reminder that touches pretty much every story in the news these days, including recent events in

                    and have been using to avoid american sanctions and sell to and whoever else for years.

                    47. As a further part of the money laundering scheme, the defendants YURY OREKHOV, JUAN FERNANDO SERRANO PONCE and JUAN CARLOS SOTO also consummated a transaction involving 500,000 barrels of Venezuelan oil from PDVSA | 2021, SERRANO wrote OREKHOV that he [SERRANO] had “just finished with [PDVSA’s Vice President for Trading and Supply]. You will be berthing tomorrow . . . on Wednesday we have to pay 50%. They want to increase $.50 per barrel . . can you transfer USDT?” OREKHOV confirmed, “[O]k. 35.5 USDT yes . . . should it be 100% USDT? Or can some part be cash as well?” SERRANO responded that he knew of “one guy who can give us cash against USDT.” A “recap” document and loading instructions for the 500,000 barrels at “34.00 USD/BBL” was later sent to OREKHOV. The next day, OREKHOV told SERRANO:

                    Alt...47. As a further part of the money laundering scheme, the defendants YURY OREKHOV, JUAN FERNANDO SERRANO PONCE and JUAN CARLOS SOTO also consummated a transaction involving 500,000 barrels of Venezuelan oil from PDVSA | 2021, SERRANO wrote OREKHOV that he [SERRANO] had “just finished with [PDVSA’s Vice President for Trading and Supply]. You will be berthing tomorrow . . . on Wednesday we have to pay 50%. They want to increase $.50 per barrel . . can you transfer USDT?” OREKHOV confirmed, “[O]k. 35.5 USDT yes . . . should it be 100% USDT? Or can some part be cash as well?” SERRANO responded that he knew of “one guy who can give us cash against USDT.” A “recap” document and loading instructions for the 500,000 barrels at “34.00 USD/BBL” was later sent to OREKHOV. The next day, OREKHOV told SERRANO:

                      [?]Emeritus Prof Christopher May » 🌐
                      @ChrisMayLA6@zirk.us

                      If you wondered what crypto currencies are used for, Iran (facing sanctions itself) has announced that its Ministry of Defence Export Center will take payments for weapons in cryptocurrencies.

                      Given many states under sanctions are also shifting some expenditure to crypto, I think its safe to say, that this will not help the proliferation of weapons around the world.

                      How you think about this will depend on your view of the justification around particular sanctions....


                      h/t FT

                        [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                        @cryptadamist@universeodon.com

                        , king of the "borrow money to buy " bros, is about to announce a fourth quarter loss of over $17 billion which will rank among the largest quarterly losses ever recorded in american business history.

                        tweet by michael saylor from May 2025: "No one has ever lost money buying bitcion"

                        Alt...tweet by michael saylor from May 2025: "No one has ever lost money buying bitcion"

                          [?]The Shufflecake Project » 🌐
                          @shufflecake@fosstodon.org

                          💥🍾🎆 Happy New Year 2026 From Shufflecake - 2025 in Review 🎆🍾💥

                          2025 was a good year for our little project!

                          We focused mostly on improving the performance and correctness of Shufflecake Lite, and the results are *impressive*! We reached, and in some test case *exceeded* the I/O throughput of dm-crypt, which is the *golden standard* for encrypted filesystems on Linux!

                          (continue)

                            [?]Steve's Place » 🌐
                            @steter@mastodon.stevesworld.co

                            I know a guy who spent hours playing the stock market during the dot-com boom. He invested in every buzz word company in the news. He became a millionaire!

                            On paper. In December.

                            Then came the crash, and he couldn't sell. He lost everything. Wiped out.

                            The IRS came calling to collect taxes on all of his dot-com wealth from the year before. Well, he said, I'm wiped out! Too bad, they said, you owe us for that year. Pay up!

                            They were brutal.

                            Say, kids, how many of you are invested in AI or crypto in December, 2025?

                              [?]Molly White » 🌐
                              @molly0xfff@hachyderm.io

                              Following hundreds of victim impact statements from people describing how their lives were ruined in the $40 billion Terra implosion in 2022, Do Kwon has been sentenced to fifteen years in prison. He may also serve additional time if sentenced in his home country of South Korea.

                              In the courts Do Kwon Do Kwon, founder of the collapsed Terra/Luna project, has been sentenced to fifteen years in prison — three more than the twelve years sought by prosecutors1a and well above the five requested by his defense.2 Judge Paul Engelmayer said the upward variance reflected the scale of Kwon’s fraud — both monetarily and in its more than one million victims — and Kwon’s decision to flee [I4], remaining at large for months before he was caught in Montenegro attempting to travel to Dubai on a fake passport [I23]. The disparity from fellow crypto fraudster Sam Bankman‑Fried’s 25‑year term likely stems from Kwon’s decision to plead guilty to two wire‑fraud counts, securing a deal in which prosecutors dropped seven other charges, rather than take the case to trial.

                              Alt...In the courts Do Kwon Do Kwon, founder of the collapsed Terra/Luna project, has been sentenced to fifteen years in prison — three more than the twelve years sought by prosecutors1a and well above the five requested by his defense.2 Judge Paul Engelmayer said the upward variance reflected the scale of Kwon’s fraud — both monetarily and in its more than one million victims — and Kwon’s decision to flee [I4], remaining at large for months before he was caught in Montenegro attempting to travel to Dubai on a fake passport [I23]. The disparity from fellow crypto fraudster Sam Bankman‑Fried’s 25‑year term likely stems from Kwon’s decision to plead guilty to two wire‑fraud counts, securing a deal in which prosecutors dropped seven other charges, rather than take the case to trial.

                              Kwon’s Terra project unraveled in May 2022 in a $40 billion crash after the algorithmic stablecoin lost its dollar peg and ultimately went to zero. Investors drawn by supposedly “risk‑free” yields for holding “dollars” learned that Terra (UST) was not a dollar, and that the yields were anything but risk‑free. One victim who spoke at Kwon’s sentencing, a Russian woman living in the country of Georgia, explained that she had been living on the streets after her “$81,000 turned into $13 that I could hold in the palm of my hand.” Other victims described suicides of friends who had invested in Terra, their own thoughts of ending their lives, families breaking up, postponed retirements and schooling, the inability to pay medical bills, and lives ruined.3 I purchased the PACER documents so that anyone can read the victim impact statements for themselves, and highlighted some of them.

                              Alt...Kwon’s Terra project unraveled in May 2022 in a $40 billion crash after the algorithmic stablecoin lost its dollar peg and ultimately went to zero. Investors drawn by supposedly “risk‑free” yields for holding “dollars” learned that Terra (UST) was not a dollar, and that the yields were anything but risk‑free. One victim who spoke at Kwon’s sentencing, a Russian woman living in the country of Georgia, explained that she had been living on the streets after her “$81,000 turned into $13 that I could hold in the palm of my hand.” Other victims described suicides of friends who had invested in Terra, their own thoughts of ending their lives, families breaking up, postponed retirements and schooling, the inability to pay medical bills, and lives ruined.3 I purchased the PACER documents so that anyone can read the victim impact statements for themselves, and highlighted some of them.

                              Kwon, a South Korean national, also faces charges at home. Before sentencing, Judge Engelmayer asked about likely outcomes there, including the likely sentence length if he is convicted and whether it would run concurrently with any US sentence. Prosecutors reported they had limited insight but noted that Korean sentencing could range from six years to indefinite; however, Korea has never imposed indefinite terms for fraud offenses, sentences of 30 or more years are rare, and courts frequently depart below prosecutorial recommendations. They also noted that any sentence imposed in Korea would be reduced by the amount of time he serves in the US.4 Engelmeyer ultimately included a requirement that Kwon serve at least half of his fifteen-year sentence in the US before he can apply for a transfer to South Korea.5

                              Alt...Kwon, a South Korean national, also faces charges at home. Before sentencing, Judge Engelmayer asked about likely outcomes there, including the likely sentence length if he is convicted and whether it would run concurrently with any US sentence. Prosecutors reported they had limited insight but noted that Korean sentencing could range from six years to indefinite; however, Korea has never imposed indefinite terms for fraud offenses, sentences of 30 or more years are rare, and courts frequently depart below prosecutorial recommendations. They also noted that any sentence imposed in Korea would be reduced by the amount of time he serves in the US.4 Engelmeyer ultimately included a requirement that Kwon serve at least half of his fifteen-year sentence in the US before he can apply for a transfer to South Korea.5

                                [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                @cryptadamist@universeodon.com

                                this story about Benjamin Mauerberger, a south african bro and card carrying member of the chinese who made so much money via and other crypto scams that he managed to co-opt a large part of 's government (to say nothing of and ) is nuts.

                                if you’re wondering about the dark forces driving the current war between thailand and cambodia, this is one of those forces.

                                whalehunting.projectbrazen.com

                                Tom Wright @TomWrightAsia "I outrank you," Ben Mauerberger told Thailand’s Finance Minister. After 40 stories & 50+ sources, we deliver the full 7,000-word feature on how one man -- armed with billions of stolen American savings -- captured a state.

                                Alt...Tom Wright @TomWrightAsia "I outrank you," Ben Mauerberger told Thailand’s Finance Minister. After 40 stories & 50+ sources, we deliver the full 7,000-word feature on how one man -- armed with billions of stolen American savings -- captured a state.

                                  [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                  @cryptadamist@universeodon.com

                                  ukrainians getting murdered for

                                  > "According to TSN ua, 21-year-old Ukrainian national Danylo Kuzmin was killed in Vienna, with police suspecting a crypto-related motive after a large amount was transferred from his wallet. Kuzmin, the son of deputy mayor Serhii , was allegedly beaten and forced to reveal wallet passwords before his car was set on fire. Two Ukrainian suspects have been detained: 19-year-old Bohdan Reinzhuk, Kuzmin’s university peer and the stepson of Ukraine’s ambassador to Bulgaria, and 45-year-old Oleksandr Agoiev, a former Ukrainian customs official."

                                  tsn.ua/ukrayina/use-pro-vbyvst

                                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                    @cryptadamist@universeodon.com

                                    @GhostOnTheHalfShell fun fact: a common form of crypto scam is to run a fake murder-for-hire site and take money in exchange for killing people and then just never kill them.

                                    "Kill List" is a fun about this kind of thing:

                                    wondery.com/shows/kill-list/

                                      [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                      @cryptadamist@universeodon.com

                                      is bombing the ever living fuck out of the slave scam compounds in . unclear if this building was full of people bc if so jfc

                                      x.com/MechDara1/status/1999685

                                        [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                        @cryptadamist@universeodon.com

                                        @bedast was one of the first "borrow money to buy " companies i saw doing billboards, starting around a year ago

                                          [?]Molly White » 🌐
                                          @molly0xfff@hachyderm.io

                                          Dear Judge Engelmayer, Your Honor, I stand here today not just as a victim of financial fraud, but as a daughter whose world was irrevocably shattered. I ask you to look beyond the cold, hard numbers (i.e., the staggering sum of money that vanished) and see the human cost and lifelong agony that UST's depegging has caused. I am asking you to read these words not with professional detachment, but with the empathy I pray resides within the heart of any person witnessing such profound devastation. I remember the exact moment. It was May 2022, several days after my birthday. Suddenly, I saw a notification flash across my screen: UST had depegged from its $1 parity. In an instant, the value of everything I had worked for, everything my father had saved for, just obliterated into nothing. The shock was a physical blow. I felt my breath leave my body. Your Honor, I didn't think about my own savings at first. The first thought, the only thought, was of my father. And that is what almost drove me to end my own life. I did not consider taking my life over my own money loss, but over the catastrophic failure I brought upon my father...the man who deserved the world. He put $100k of his retirement savings into Anchor Protocol (due to my advice)...and now he is over 70 years old and he cannot fully retire. Because if he stops working, he can no longer afford to live. My father is a good man

                                          Alt...Dear Judge Engelmayer, Your Honor, I stand here today not just as a victim of financial fraud, but as a daughter whose world was irrevocably shattered. I ask you to look beyond the cold, hard numbers (i.e., the staggering sum of money that vanished) and see the human cost and lifelong agony that UST's depegging has caused. I am asking you to read these words not with professional detachment, but with the empathy I pray resides within the heart of any person witnessing such profound devastation. I remember the exact moment. It was May 2022, several days after my birthday. Suddenly, I saw a notification flash across my screen: UST had depegged from its $1 parity. In an instant, the value of everything I had worked for, everything my father had saved for, just obliterated into nothing. The shock was a physical blow. I felt my breath leave my body. Your Honor, I didn't think about my own savings at first. The first thought, the only thought, was of my father. And that is what almost drove me to end my own life. I did not consider taking my life over my own money loss, but over the catastrophic failure I brought upon my father...the man who deserved the world. He put $100k of his retirement savings into Anchor Protocol (due to my advice)...and now he is over 70 years old and he cannot fully retire. Because if he stops working, he can no longer afford to live. My father is a good man

                                          My father, who had suffered a string of failed businesses, who carried the weight of a mortgage that pains him every single month. All I ever wanted, Your Honor, was to become successful enough to spoil him. To pay off his debt. To give him the happy retirement he earned and deserved. When I saw the depegging, that vision of a happy future was crushed. I felt the absolute, sickening certainty that I had failed him. I had delivered his lifelong savings into the hands of a scam. My father lost about $70,000 from his $100k savings. That number, $70,000, represents decades of his life, wiped out in the span of a single week! I wanted to crush myself into a ball, to vanish, to take away the pain I had caused him. Years later, the suffering continues. I am 35 years old now, engaged to be married, but I cannot afford the down payment on a home. I cannot afford a wedding. I cannot afford children. As much as it hurts me, I've come to terms with the fact that I can't financially support children nor own my own home. My father is continuing to freelance as an accountant. He's always fantasized about retiring in his 60s, but now that's a distant dream. And what's most miraculous, Your Honor, is that my father has never yelled at me or anything of the sort as someone who advised him about Anchor Protocol. He never blamed me for anything. He never complained. And oddly, that makes me feel e

                                          Alt...My father, who had suffered a string of failed businesses, who carried the weight of a mortgage that pains him every single month. All I ever wanted, Your Honor, was to become successful enough to spoil him. To pay off his debt. To give him the happy retirement he earned and deserved. When I saw the depegging, that vision of a happy future was crushed. I felt the absolute, sickening certainty that I had failed him. I had delivered his lifelong savings into the hands of a scam. My father lost about $70,000 from his $100k savings. That number, $70,000, represents decades of his life, wiped out in the span of a single week! I wanted to crush myself into a ball, to vanish, to take away the pain I had caused him. Years later, the suffering continues. I am 35 years old now, engaged to be married, but I cannot afford the down payment on a home. I cannot afford a wedding. I cannot afford children. As much as it hurts me, I've come to terms with the fact that I can't financially support children nor own my own home. My father is continuing to freelance as an accountant. He's always fantasized about retiring in his 60s, but now that's a distant dream. And what's most miraculous, Your Honor, is that my father has never yelled at me or anything of the sort as someone who advised him about Anchor Protocol. He never blamed me for anything. He never complained. And oddly, that makes me feel e

                                            [?]Molly White » 🌐
                                            @molly0xfff@hachyderm.io

                                            Dear Judge Engelmayer On May 11, 2022, I invested $80,000 in LUNA coin. I received this money from the sale of my only apartment. I was moving from Russia (Moscow) to Georgia and planned to change my permanent residence. I am enclosing you with the documents confirming the sale of my only apartment. A day after my investment in LUNA coin, my sold apartment turned into several coins. Specifically, $80,000 turned into $13. I expected Do Hyun Kwon to make rational decisions after the LUNA coin's collapse. Instead, he created LUNA2, bearing no responsibility to investors in the original LUNA coin (now LUNC). Since May 2022, I have been homeless, wandering the streets of Georgia, with no money to rent a place to live. I have developed health complications and am in dire need of hospitalization, but I do not have the financial means to seek medical treatment. I am a single 58-year-old woman, unemployed, and without a pension. My family-my father, mother, and husband-passed away several years earlier. I have no children. I have no recourse. I ask for an immediate, fair decision in Do Hyeon Kwon's case and request full compensation for my financial losses, including any moral damages. I have provided, submitted, and attached all supporting documents to the portal. Since May 2022, I have been in a state of deep stress and depression, which I would not wish on anyone. I would like to tes

                                            Alt...Dear Judge Engelmayer On May 11, 2022, I invested $80,000 in LUNA coin. I received this money from the sale of my only apartment. I was moving from Russia (Moscow) to Georgia and planned to change my permanent residence. I am enclosing you with the documents confirming the sale of my only apartment. A day after my investment in LUNA coin, my sold apartment turned into several coins. Specifically, $80,000 turned into $13. I expected Do Hyun Kwon to make rational decisions after the LUNA coin's collapse. Instead, he created LUNA2, bearing no responsibility to investors in the original LUNA coin (now LUNC). Since May 2022, I have been homeless, wandering the streets of Georgia, with no money to rent a place to live. I have developed health complications and am in dire need of hospitalization, but I do not have the financial means to seek medical treatment. I am a single 58-year-old woman, unemployed, and without a pension. My family-my father, mother, and husband-passed away several years earlier. I have no children. I have no recourse. I ask for an immediate, fair decision in Do Hyeon Kwon's case and request full compensation for my financial losses, including any moral damages. I have provided, submitted, and attached all supporting documents to the portal. Since May 2022, I have been in a state of deep stress and depression, which I would not wish on anyone. I would like to tes

                                            Dear Judge Engelmayer, I am writing to inform the court of the impact Do Kwon had on my family and myself during and after the collapse of Terra. I had never invested serious money prior to Luna but after being educated on the Terra Luna ecosystem by a family member, I was completely on board with the stability and efficiency of the blockchain. I invested countless hours of my time listening to podcasts and watching videos learning how to make the most of my investments. The more time I invested the more money I invested. I invested in new protocols on the system and my days were consumed with all things Terra. I shared my knowledge with friends and family, wanting them to also be part of something great. I was convinced that I was on the ground level of something big and that I would be providing generational wealth for my family. I ended up withdrawing over 100,000 from my 401k and paying the early withdrawal penalty fees because I believed in the long term success of Terra. I never took any profits on the money I had invested. I lost everything in the collapse. When the collapse was happening I still had faith in Luna and was actually still trying to purchase more Luna. I am still in debt over the poor decisions I made during that time, due to my beliefs in the greatness of the ecosystem. The monetary loss was painful but the physical and mental anguish that followed was muc

                                            Alt...Dear Judge Engelmayer, I am writing to inform the court of the impact Do Kwon had on my family and myself during and after the collapse of Terra. I had never invested serious money prior to Luna but after being educated on the Terra Luna ecosystem by a family member, I was completely on board with the stability and efficiency of the blockchain. I invested countless hours of my time listening to podcasts and watching videos learning how to make the most of my investments. The more time I invested the more money I invested. I invested in new protocols on the system and my days were consumed with all things Terra. I shared my knowledge with friends and family, wanting them to also be part of something great. I was convinced that I was on the ground level of something big and that I would be providing generational wealth for my family. I ended up withdrawing over 100,000 from my 401k and paying the early withdrawal penalty fees because I believed in the long term success of Terra. I never took any profits on the money I had invested. I lost everything in the collapse. When the collapse was happening I still had faith in Luna and was actually still trying to purchase more Luna. I am still in debt over the poor decisions I made during that time, due to my beliefs in the greatness of the ecosystem. The monetary loss was painful but the physical and mental anguish that followed was muc

                                            Hi, i was a victim of Do Kwon’s terra luna scam. I am a carer for my Dad, [redacted] and i invested money into terra luna believing that it was a profitable strategy to support my Dad better with medical expenses and being able to sacrifice taking time off work to support him. When i lost all of my funds in this scam i was devastated. I had to take out loans to get by to fund my Dad’s medical bills and just to get by with food and necessities for us both. I am still in debt to this day paying back loans and credit cards. My family has been through immense suffering and i suffer from depression daily since the losses of my life savings. I urge the honourable judge to please hand down harse sentencing to Do Kwon for the crimes that he has committed, i sincerely hope that justice will prevail to recieve some sollace from the torment he has put my family and i through. Kind regards Paul Lynn

                                            Alt...Hi, i was a victim of Do Kwon’s terra luna scam. I am a carer for my Dad, [redacted] and i invested money into terra luna believing that it was a profitable strategy to support my Dad better with medical expenses and being able to sacrifice taking time off work to support him. When i lost all of my funds in this scam i was devastated. I had to take out loans to get by to fund my Dad’s medical bills and just to get by with food and necessities for us both. I am still in debt to this day paying back loans and credit cards. My family has been through immense suffering and i suffer from depression daily since the losses of my life savings. I urge the honourable judge to please hand down harse sentencing to Do Kwon for the crimes that he has committed, i sincerely hope that justice will prevail to recieve some sollace from the torment he has put my family and i through. Kind regards Paul Lynn

                                              [?]Molly White » 🌐
                                              @molly0xfff@hachyderm.io

                                              I have purchased the PACER documents so everyone can read the impact statements submitted by victims of Do Kwon and the 2022 Terra/Luna meltdown. Collapses like these ruin lives.

                                              courtlistener.com/docket/67087

                                              Honorable Judge Engelmayer, My name is Stanislav Trofimchuk (Stan). My life and family were pretty much ruined by Mr. Kwon’s actions back in 2022 and I would like to share my story in writing and speak at a sentencing hearing if videoconferencing means are available as I’m unable to attend personally. Below is my story: We came to the United States in 2006 from Ukraine as a young family with a ten-month-old baby, chasing the American Dream and a brighter future for our children — both the one we had and those we still hoped to have. Like most first-generation immigrants, we had to work very hard to build a life for ourselves. For seven straight years I worked multiple jobs, endless hours, no weekends, no holidays — because my wife didn’t have a work permit during all that time. I barely saw my children grow up. She carried the burden of raising our two boys almost entirely alone, with no family nearby, no help at all. After thirteen years of struggle, we finally became U.S. citizens. For the first time I could breathe. I started a small business, came home at reasonable hours, and began repairing the years I had missed with my family. Life finally felt like it was moving forward. By early 2021 the dream was within reach: a modest house in Texas, a growing business, savings carefully set aside so our sons could go to college. After everything, we were closer than ever to “making

                                              Alt...Honorable Judge Engelmayer, My name is Stanislav Trofimchuk (Stan). My life and family were pretty much ruined by Mr. Kwon’s actions back in 2022 and I would like to share my story in writing and speak at a sentencing hearing if videoconferencing means are available as I’m unable to attend personally. Below is my story: We came to the United States in 2006 from Ukraine as a young family with a ten-month-old baby, chasing the American Dream and a brighter future for our children — both the one we had and those we still hoped to have. Like most first-generation immigrants, we had to work very hard to build a life for ourselves. For seven straight years I worked multiple jobs, endless hours, no weekends, no holidays — because my wife didn’t have a work permit during all that time. I barely saw my children grow up. She carried the burden of raising our two boys almost entirely alone, with no family nearby, no help at all. After thirteen years of struggle, we finally became U.S. citizens. For the first time I could breathe. I started a small business, came home at reasonable hours, and began repairing the years I had missed with my family. Life finally felt like it was moving forward. By early 2021 the dream was within reach: a modest house in Texas, a growing business, savings carefully set aside so our sons could go to college. After everything, we were closer than ever to “making

                                              described UST as a stablecoin that would always hold its $1 peg, and those protocols as safe, reliable way to earn 19–40% yield. It didn’t feel like gambling; it felt like the answer we had been praying for. We sold everything at discounted prices: the house, the business, the cars. We scraped together just over $190,000 — every dollar of seventeen years of sacrifice — and in late April 2022 I converted it all to UST and locked it into Anchor and Mirror, trusting the promises that had been repeated for months. Just two weeks later, on May 9, 2022, I watched UST fall off its peg. In panic, I almost sold everything to limit the damage, but then I saw Mr. Kwon’s tweet: “Deploying more capital— steady lads.”. The price started recovering that day. I trusted him again and decided to keep the UST locked. What followed were two weeks of pure terror. The Terra blockchain halted. Mirror Protocol liquidity vanished. I couldn’t withdraw a single cent. When the system finally let me out on May 23, UST was trading below $0.07. Our $190,000 had become less than $13,000. Seventeen years of our lives — gone in two weeks. People say you should never risk money you can’t afford to lose. But this never felt like risk. The founder of the project had called it “too big to fail,” boasted that the Luna Foundation Guard would protect every dollar. To a desperate father trying to feed two families in a

                                              Alt...described UST as a stablecoin that would always hold its $1 peg, and those protocols as safe, reliable way to earn 19–40% yield. It didn’t feel like gambling; it felt like the answer we had been praying for. We sold everything at discounted prices: the house, the business, the cars. We scraped together just over $190,000 — every dollar of seventeen years of sacrifice — and in late April 2022 I converted it all to UST and locked it into Anchor and Mirror, trusting the promises that had been repeated for months. Just two weeks later, on May 9, 2022, I watched UST fall off its peg. In panic, I almost sold everything to limit the damage, but then I saw Mr. Kwon’s tweet: “Deploying more capital— steady lads.”. The price started recovering that day. I trusted him again and decided to keep the UST locked. What followed were two weeks of pure terror. The Terra blockchain halted. Mirror Protocol liquidity vanished. I couldn’t withdraw a single cent. When the system finally let me out on May 23, UST was trading below $0.07. Our $190,000 had become less than $13,000. Seventeen years of our lives — gone in two weeks. People say you should never risk money you can’t afford to lose. But this never felt like risk. The founder of the project had called it “too big to fail,” boasted that the Luna Foundation Guard would protect every dollar. To a desperate father trying to feed two families in a

                                              completely. Yet that is exactly what happened. I know there are others out there whose stories are even darker than mine. I still hope that Mr. Kwon finds the conscience, the will, and the means to make restitution — so that shattered families like ours might have a chance to rebuild. Thank you for listening. Stanislav

                                              Alt...completely. Yet that is exactly what happened. I know there are others out there whose stories are even darker than mine. I still hope that Mr. Kwon finds the conscience, the will, and the means to make restitution — so that shattered families like ours might have a chance to rebuild. Thank you for listening. Stanislav

                                                [?]Molly White » 🌐
                                                @molly0xfff@hachyderm.io

                                                Your Honor, In one week in 2022, Do Hyeong Kwon stole my home and my life's savings, my future retirement and hopes. These were my built-up assets made from skipping vacations and huge sacrifices over both my and my wife's careers. I am now 57 and am unlikely to ever have the opportunity to regain this money or a home. Today, I am on the verge of bankruptcy. The total amount lost was just over 1m USD. I made a mistake in my trust and belief in Do Kwon and used some of my house mortgage money to invest in his scam. After the collapse, I was forced to sell our family home. I had a belief that hard work pays off. My lifelong hard work was ripped from under my family and me due to this fraud. We no longer have a home of our own We have credit card debts accumulating We have been forced to obtain a high-interest personal loan to pay for essential medical bills. My wife cries when the credit card bills arrive I take My nights are sleepless and full of stress My daughter asks why we don't have the money to fix the car. We are on the verge of bankruptcy, which would mean I will also lose my job. Words cannot describe the devastation and hardship we continue to experience daily due to the theft committed by Do Kwon. Now we are faced with the stark reality that our hardship is likely to continue until the day we die. We have no doubt that Do Kwon will still have money hidden. We wish to

                                                Alt...Your Honor, In one week in 2022, Do Hyeong Kwon stole my home and my life's savings, my future retirement and hopes. These were my built-up assets made from skipping vacations and huge sacrifices over both my and my wife's careers. I am now 57 and am unlikely to ever have the opportunity to regain this money or a home. Today, I am on the verge of bankruptcy. The total amount lost was just over 1m USD. I made a mistake in my trust and belief in Do Kwon and used some of my house mortgage money to invest in his scam. After the collapse, I was forced to sell our family home. I had a belief that hard work pays off. My lifelong hard work was ripped from under my family and me due to this fraud. We no longer have a home of our own We have credit card debts accumulating We have been forced to obtain a high-interest personal loan to pay for essential medical bills. My wife cries when the credit card bills arrive I take My nights are sleepless and full of stress My daughter asks why we don't have the money to fix the car. We are on the verge of bankruptcy, which would mean I will also lose my job. Words cannot describe the devastation and hardship we continue to experience daily due to the theft committed by Do Kwon. Now we are faced with the stark reality that our hardship is likely to continue until the day we die. We have no doubt that Do Kwon will still have money hidden. We wish to

                                                to whom it may concern, my friend and i were very large luna investors based on Do's statements that the peg was restored automatically in 2021, we believed that he had a working technology and luna would have tremendous value capture as UST would be utilized in a bull or bear market i had a mid 8 figure loss in luna (yes that's correct) and my friend later jumped off a building in miami after telling his gf (its in police report) that he lost his money in crypto and was wrong this is he: https://westportlocal.com/news/kxojqtqsip3dlrr3jw7ljs5tziwdl5 failing at a new technology is part of innovation, repeated outright lies about a technology that never existed is criminal and life destroying that is all i've got for ya thanks for listening, josh 

                                                Alt...to whom it may concern, my friend and i were very large luna investors based on Do's statements that the peg was restored automatically in 2021, we believed that he had a working technology and luna would have tremendous value capture as UST would be utilized in a bull or bear market i had a mid 8 figure loss in luna (yes that's correct) and my friend later jumped off a building in miami after telling his gf (its in police report) that he lost his money in crypto and was wrong this is he: https://westportlocal.com/news/kxojqtqsip3dlrr3jw7ljs5tziwdl5 failing at a new technology is part of innovation, repeated outright lies about a technology that never existed is criminal and life destroying that is all i've got for ya thanks for listening, josh 

                                                Dear Judge Engelmayer, My name is Concetto Fabrizio Di Rosa, and I am submitting this victim impact statement in connection with the sentencing of Do Hyeong Kwon. I lost approximately €40,000 as a direct result of the collapse of the Terraform ecosystem. This loss created a devastating chain of consequences for me and my family. The money I invested had been carefully saved over time to pay for my son’s planned wedding, which took place in September. When the funds disappeared, I was suddenly unable to cover those expenses. I had to borrow money from friends and relatives, causing deep personal embarrassment and significant tension within my family. The financial impact did not stop there. In desperation, I also borrowed money from my employer, hoping to recover enough to repay the loan. Because the amount was large and I was unable to meet the repayment schedule, I ultimately lost my job. Losing both my savings and my employment in such a short period created immense emotional and psychological stress. I have experienced severe anxiety, sleeplessness, and a constant sense of guilt and shame. These problems have affected my daily life and my relationships with the people I love. Even today, writing about this experience is extremely painful for me. The consequences of this financial disaster have marked my life deeply and continue to affect my family’s stability and well-being.

                                                Alt...Dear Judge Engelmayer, My name is Concetto Fabrizio Di Rosa, and I am submitting this victim impact statement in connection with the sentencing of Do Hyeong Kwon. I lost approximately €40,000 as a direct result of the collapse of the Terraform ecosystem. This loss created a devastating chain of consequences for me and my family. The money I invested had been carefully saved over time to pay for my son’s planned wedding, which took place in September. When the funds disappeared, I was suddenly unable to cover those expenses. I had to borrow money from friends and relatives, causing deep personal embarrassment and significant tension within my family. The financial impact did not stop there. In desperation, I also borrowed money from my employer, hoping to recover enough to repay the loan. Because the amount was large and I was unable to meet the repayment schedule, I ultimately lost my job. Losing both my savings and my employment in such a short period created immense emotional and psychological stress. I have experienced severe anxiety, sleeplessness, and a constant sense of guilt and shame. These problems have affected my daily life and my relationships with the people I love. Even today, writing about this experience is extremely painful for me. The consequences of this financial disaster have marked my life deeply and continue to affect my family’s stability and well-being.

                                                Hello, see below Victim Statement as requested. I am writing in regards to the upcoming sentencing of Do Kwon on December 11th. I have never written anything like this or as a man and a father, I hate to set myself up to be called a "victim." The truth of the matter, it was not only I that was the victim, but my family as well. And knowing the ripple effect (that will last for generations) from the choices and negligence this man and the Terraform Team made, it would be wrong of me not to add my 2 cents. So for my family's sake, I will tell how the events played out in my Household. In March of 2022, as I had a significant amount of wealth in the markets and sensed a bit of volatility coming, I decided to place a large portion of my portfolio into a stablecoin, pegged to the US Dollar. In doing research on the best most reliable stablecoin, came UST and the Terraform Labs Team as one of the frontrunners. My decision to place over $200k into UST did not come lightly or did I ever think it was a speculative decision associated with any risk. It was a calculated decision based on the words of a man that was at the forefront of innovation and a Team that had one of the largest blockchains available at the time with Luna at their backing. Again, the funds allocated to UST were not gambling or speculative, they were tucked away in a "savings" account, pegged to the dollar, to be put

                                                Alt...Hello, see below Victim Statement as requested. I am writing in regards to the upcoming sentencing of Do Kwon on December 11th. I have never written anything like this or as a man and a father, I hate to set myself up to be called a "victim." The truth of the matter, it was not only I that was the victim, but my family as well. And knowing the ripple effect (that will last for generations) from the choices and negligence this man and the Terraform Team made, it would be wrong of me not to add my 2 cents. So for my family's sake, I will tell how the events played out in my Household. In March of 2022, as I had a significant amount of wealth in the markets and sensed a bit of volatility coming, I decided to place a large portion of my portfolio into a stablecoin, pegged to the US Dollar. In doing research on the best most reliable stablecoin, came UST and the Terraform Labs Team as one of the frontrunners. My decision to place over $200k into UST did not come lightly or did I ever think it was a speculative decision associated with any risk. It was a calculated decision based on the words of a man that was at the forefront of innovation and a Team that had one of the largest blockchains available at the time with Luna at their backing. Again, the funds allocated to UST were not gambling or speculative, they were tucked away in a "savings" account, pegged to the dollar, to be put

                                                  [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                  @cryptadamist@universeodon.com

                                                  thailand appears to be directly bombing a bunch of cambodia's cyber scam slave compounds

                                                  feels like the world's first shooting war caused by has begun. won't be the last.

                                                  x.com/CyberScamWatch/status/19

                                                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                    @cryptadamist@universeodon.com

                                                    so one of the first things is doing after 's pardon is launching a degenerate gambling - sorry, i mean "crypto trading" - app for kids aged 6 & up.

                                                    no, really.

                                                    x.com/binance/status/199615821

                                                    screenshot of linked tweet about Binance Junior

                                                    Alt...screenshot of linked tweet about Binance Junior

                                                      [?]your auntifa liza 🇵🇷 🦛 🦦 » 🌐
                                                      @blogdiva@mastodon.social

                                                      RE: wandering.shop/@cstross/115632

                                                      BTW: Qatar has literally an economic development “2030 plan” they started over a decade ago, that has front and center in the technology aspects of said plan. after King Abdullah of Saudi Arabia died and MBS kidnapped & bribed his way into the throne, he just copied the qataris’ homework.

                                                      the OPEC mafia know their countries are being swallowed up by the desert due to climate change. they’re doubling down with AI (a water source, btw), “power” (they want bombs) and .

                                                      [?]Charlie Stross » 🌐
                                                      @cstross@wandering.shop

                                                      Hypothesis: the AI bubble is being supported by the fossil fuel industry's network of paid lobbyists *precisely* because it's the last remaining driver of increasing demand for their products. bsky.brid.gy/r/https://bsky.ap

                                                        [?]Molly White » 🌐
                                                        @molly0xfff@hachyderm.io

                                                        This is a scary trend. If crypto prices don’t rebound, DATCOs could be forced to sell their crypto, dragging the market down even further. Galaxy Digital researchers have compared the model, and its potential unwind, to the 1920s investment trust boom and bust.

                                                        This is a scary trend, particularly for traders holding shares in firms that have relied on debt to accumulate their crypto hoards. If crypto prices fail to rally before that debt comes due, the firms could be forced to sell their crypto. Large forced sales, or forced sales across many DATCOs, can depress prices further, only exacerbating the problem. Researchers with Galaxy Digital have compared the potential “unwind” to the busting of the 1920s investment trust boom, writing:12 The 1920s investment trust boom followed a similar reflexive loop. Trusts traded at premiums to NAV, issued shares, and used the proceeds to buy more assets. When sentiment turned, those same mechanics amplified the downside. Collapsing premiums choked off access to capital while leverage magnified losses on falling assets. These cascading failures were an accelerant of the 1929 crash and subsequent Great Depression.

                                                        Alt...This is a scary trend, particularly for traders holding shares in firms that have relied on debt to accumulate their crypto hoards. If crypto prices fail to rally before that debt comes due, the firms could be forced to sell their crypto. Large forced sales, or forced sales across many DATCOs, can depress prices further, only exacerbating the problem. Researchers with Galaxy Digital have compared the potential “unwind” to the busting of the 1920s investment trust boom, writing:12 The 1920s investment trust boom followed a similar reflexive loop. Trusts traded at premiums to NAV, issued shares, and used the proceeds to buy more assets. When sentiment turned, those same mechanics amplified the downside. Collapsing premiums choked off access to capital while leverage magnified losses on falling assets. These cascading failures were an accelerant of the 1929 crash and subsequent Great Depression.

                                                          [?]Molly White » 🌐
                                                          @molly0xfff@hachyderm.io

                                                          With two months of sinking crypto prices, DATCOs are faltering. Some have even begun to sell their crypto to try to rescue plunging stock prices.

                                                          Now, with two months of sinking crypto prices, some of these firms are beginning to look pretty shaky, and the warnings from Chanos and others seem prescient. Many DATCOs have flipped from trading at a premium to a discount, meaning shares trade for less than the value of the underlying digital asset. Nakamoto, a bitcoin treasury company that merged with the publicly traded KindlyMD earlier this year, has cratered by 98%. BitMine is down 77% since adopting its DAT strategy this past summer. The OG, MicroStrategy, is down 60%. (Nakamoto and BitMine are trading at a discount to the value of their treasury holdings; MicroStrategy still trades at a premium, though it has been narrowing.)

                                                          Alt...Now, with two months of sinking crypto prices, some of these firms are beginning to look pretty shaky, and the warnings from Chanos and others seem prescient. Many DATCOs have flipped from trading at a premium to a discount, meaning shares trade for less than the value of the underlying digital asset. Nakamoto, a bitcoin treasury company that merged with the publicly traded KindlyMD earlier this year, has cratered by 98%. BitMine is down 77% since adopting its DAT strategy this past summer. The OG, MicroStrategy, is down 60%. (Nakamoto and BitMine are trading at a discount to the value of their treasury holdings; MicroStrategy still trades at a premium, though it has been narrowing.)

                                                          ETHZilla, which up until August was a pharmaceutical research firm called 180 Life Sciences, sold around $40 million of its ETH treasury to try to bolster its plunging stock price.9 FG Nexus, which also launched an ETH treasury strategy only months ago, has sold nearly $33 million of its holdings for the same purpose.10 Sequans, a semiconductor company that established a bitcoin treasury in June, sold $100 million of its bitcoin to pay down its debt.11

                                                          Alt...ETHZilla, which up until August was a pharmaceutical research firm called 180 Life Sciences, sold around $40 million of its ETH treasury to try to bolster its plunging stock price.9 FG Nexus, which also launched an ETH treasury strategy only months ago, has sold nearly $33 million of its holdings for the same purpose.10 Sequans, a semiconductor company that established a bitcoin treasury in June, sold $100 million of its bitcoin to pay down its debt.11

                                                            [?]Molly White » 🌐
                                                            @molly0xfff@hachyderm.io

                                                            Newsletter: Crypto’s latest “infinite money machine” is the digital asset treasury company — a publicly traded firm that exists primarily to accumulate crypto. For a while, these stocks traded at hefty premiums to the underlying assets. But now, the trade is unraveling.

                                                            citationneeded.news/digital-as

                                                              [?]The Shufflecake Project » 🌐
                                                              @shufflecake@fosstodon.org

                                                              💥 ❤️ 📣 NEW RELEASE 📣 ❤️ 💥 v0.5.6 brings a TON of good news! First of all, it's *blazing fast*: we implemented better handling of I/O requests, and now we have performances that in many scenarios *exceed* those of bare dm-crypt/LUKS! We also added a proper test suite and a developer guide, and we fixed a bunch of bugs, in particular restoring full crash consistency for the Lite scheme!

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