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#defi

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#ZachXBT is probably world's greatest crypto detective. He's pro-crypto but has busted a *ton* of frauds and scams.

Recently he's been working on tracking #NorthKorea's massive money laundering operation in the wake of the #Bybit hack and seems to have concluded that the entire crypto industry is fucked (which some of us have known all along).

* Telegram link: t.co/7Fi2sk1cqF

No less than 76 #Democrats just voted with Republicans to overturn the #IRS's "defi broker rule" which would have required crypto firms like #MarcAndreessen's #Uniswap to collect information on their users and in so doing discourage the use of these platforms for #moneylaundering by criminals and rogue nuclear states (#NorthKorea *loves* Uniswap) and by the very wealthy to avoid paying #taxes.

The new wave of #memecoin scams like #TrumpCoin are also all facilitated/perpetrated by these decentralized trading platforms.

If any of these people are your representative you should do what you can to make sure they are primaried because they are not representing your interests. At a minimum call them and yell at them (this works better than most people think!)

The corruption of the US government by #crypto bros is extremely bipartisan.

* Full roll call of vote: clerk.house.gov/Votes/202571

#uspol#defi#DOGE

Ω🪬Ω
#TheCryptocalypseChronicles: The Crypto Grifters of DOGE

Cole Killian is a member of Elon's DOGE. He's also apparently a crypto bro with a long history of proximity to and/or involvement in extremely dodgy crypto ventures.

Retoots appreciated.

cryptadamus.substack.com/p/the

The Cryptocalypse Chronicles · The Crypto Grifters Of DOGEBy Michel de Cryptadamus

great summary of the #ThorChain collapse debacle. these guys are always promising "decentralization" right until the moment a centralized authority has to step in and genocide the users' bank accounts so as to make sure the insiders stay rich.

> "Tonight, somewhere on-chain, $200M worth of user funds sit frozen while THORChain's team tries to innovate their way out of their own innovation. Ninety days might buy them time to restructure, but no amount of governance theater can erase the fundamental truth - they built a leverage trap with no escape hatch."

> "Their 'community-driven' solution reads like a negotiation with no real choice - frozen funds transformed into tokenized claims and promises of future repayment. THORChain's original promise of trustless finance ends with a forced trust exercise."

rekt.news/thorchains-iceage/

rektRekt - THORChain's Ice AgeDeFi / Crypto - When you build leveraged experiments on top of working products, reality strikes. THORChain now faces $200M in frozen funds, a native token in free fall, and 90 days to choose between controlled demolition or total collapse.
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@abuerkl Eine #Herzschwäche hat oder "erwirbt" man, wie man mir im Krankenhaus so schön einfühlsam erklärt hat. "Gewöhnen Sie sich dran" hat er ebenso freundlich desinteressiert hingeblubbert, als ich ihn wegen der damit zusammenhängenden #Herzrhythmussörungen ( #HRST ) gefragt habe. :wink:

Dauer des bzw. der Aufenthalte im Krankenhaus? Je nach Schwere wohl. Bei Eskalationen ("Dekompenmsation") wohl zwischen ein, zwei, drei Nächten für evtl. Anpassung d. Medikation, wenns schwieriger ist auch mal ne Woche.

Bei mir waren's mal zehn Tage, aber nur weil sich zeitgleich eine Herzbeutelentzündung nach der Implantation eines #ICD / #Defi's ausgebildet hatte.

Wie oben gesagt: Wenns nicht so schlimm (haha, relativ) ist, kann ich aus eigener Erfahrung sagen, dass es mit ein zwei Nächten getan ist. Kommt aber auf den Patienten/Patientin an, "Allgemeinzustand" u. evtl. andere erlittene od. bestehende Erkrankungen.

Heilung gibts nicht, aber gut eingestellt hat man (ich kan nur für mich selbst sprechen!) keine großen Probleme.

Mehr fällt mir so "aus'm Lameng" nicht ein. Vielleicht hilfts Dir ja weiter. :wink:

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@herhandsmyhands
> Go to the website using a browser, so that more money goes to the person you are supporting (Patreon is already taking a large bite of that pie as it is)

As is the payment processor that Patreon uses to interact with your bank account. There are so many layers of intermediaries clipping the ticket.

I can totally sympathise with the CryptoBugs who want to make payments P2P. Problem is, DeFi is full of ticket-clipping grifters too.

#disintermediation #DeFi

@simon_brooke

The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets. The FBI’s Ethereum-based token, NexFundAI, was created with the help of “cooperating witnesses.”

As a result of the investigation, the SEC charged three “market makers” and nine people for allegedly engaging in schemes to boost the prices of crypto assets

#FBI #SEC #cryptocurrency #crypto #ethereum #NexFundAI #PumpAndDump #defi #finance #technology #tech

theverge.com/2024/10/10/242670

The Verge · The FBI secretly created an Ethereum token to investigate crypto fraudBy Gaby Del Valle

I say this as a big crypto and bitcoin enthusiast: Convicted felon Donald Trump's involvement in crypto is bad news. It's gonna end up in disaster, lot of people are gonna lose their money and it's gonna hurt the whole space. Trump is the newest addition in long line on con men and scumbags like SBF or Elon Musk who tried to grift of crypto in the past ...

#crypto#trump#elon

Trump has announced one of the executive advisors on his upcoming #cryptocurrency pump and dump which is theoretically launching on Monday: x.com/sandyzkp

Sandy is a shitcoiner who apparently is the founder of a zero knowledge proof based ethereum L2¹ called "Scroll". I know way too much about crypto and I've never once heard of Scroll or Sandy Peng but I'm sure her extensive experience at "Crypto Fund" and fluency in mandarin will help Trump's #WorldLibertyFi token 🚀🌕.

¹ If you don't know what that means just know that it's something very, very significantly shadier than even a tier 3 blockchain. like two solar systems away from something like #bitcoin or #ethereum.