According to this article, it is rumored and speculated that Senator Elizabeth Warren conspired with a trader Marc Cohodes to profit from the meltdown of Silvergate bank and Signature bank. This is certainly corruption and illegal if this is true. However, this will work for her anticrypto army campaign because she can blame the meltdown of those banks on the cryptospace hehehe.  Politics can make for strange bedfellows, and, according to a popular rumor in crypto circles, one of the stranger alliances involves progressive icon Sen. Elizabeth Warren (D-Mass.) and a short-seller named Marc Cohodes who cashed in on the collapse of Silvergate and Signature banks. Cohodes is very active in Washington, D.C., where he shopped a research memo about the banks to numerous lawmakers and to agencies like the Office of the Comptroller of the Currency.
It’s a great story—if it’s true. And the evidence for that is not conclusive. When I called Cohodes, he did not deny that he had been in touch with Warren’s office but said he “talks to all sorts of people” and didn’t provide any specifics. He described himself as “just one guy” who has a track record of exposing fraudulent companies, and, in a later email, called the two banks “Publicly traded Crime Scenes.” Cohodes insists he has no opinion on crypto but only in calling attention to what he says was the banks’ complicity in money laundering. He did confirm he made money from holding short positions in both Signature and Silvergate when the banks collapsed.
Based on this, it’s hard to conclude that Warren and Cohodes are in cahoots—or even that they know each other. But if you want additional circumstantial evidence, you can perhaps find it in this New York Times article in which Cohodes is one of a tiny fraction of Wall Street types supporting Warren’s 2020 presidential run. And you can look at the fact that it’s a former Warren staffer who is behind a controversial class action lawsuit against a DeFi company—suggesting Warren’s team is happy to adopt a wide variety of tactics in its crusade against crypto.
Note also that a Politico headline this week said the senator is “building an anti-crypto army.” It’s not beyond the pale to imagine this army could include a short-seller.Read in full https://content.fortune.com/newsletter/fortune-crypto/ |
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The status of Bitcoin in China is a grey area with constantly changing complexities. There has also been several layers of bans to Bitcoin from China, including the most recent ban to mining, causing the nation to drop from being the most popular for Bitcoin mining.
'Some' Chinese banks are considering being more friendly to cryptocurrency and related companies, but it would be a while before it counts as a crypto friendly region.
Agree that it is in the grey area, however, it also appears that China is also getting ready to open their doors again but only through Hong Kong. I speculate that the coins with the highest pumps for the next bull market might be by projects that are being created in Asia. In America, the coordinated attacks and cryptospace crackdowns will only become stronger. I have noticed much of you argue that we know of this coordinated attacks already hehehe. We have not seen the real strength of these coordinated attacks. This is only the beginning. The US banking meltdown that has so far claimed Silvergate, Signature and Silicon Valley Bank leaves crypto investors bruised and anxious about the spectre of tougher regulations as firms big and small lose access to funding.
Some even warn it may be an even bigger blow to the industry.
“Crypto in the US is dead” for firms that have links to the US financial system, one New York-based crypto trader, whose company lost access to financing, told DL News. “To be useful in real life it needs to be able to have APIs connected to banks. The government just nationalised the two networks that could do that in the USA.”
“Now, it’s like a scarlet letter” to be an American in the industry.Source https://www.dlnews.com/articles/regulation/silvergate-signature-silicon-valley-bank-regulation-sec-fdic/ |
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The coins were from the Ross Ulbrict, Silk Road case. It was also mentioned in this memorandum that the American government will be liquidating the rest of the coins they have taken from the case this year and divided into 4 batches. Why has the government not decided to sell them through an auction or over the counter similar to what they have done before?  Page 22 of documentSource https://www.docdroid.net/cAA99Gw/123-pdf |
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Lol
How times change.
I remember back in the day, 2016-2017-ish, before the emergency of Binance, Bittrex was top exchange. Any token or shitcoin that was rumored to get listed or was actually announced to be listed on bittrex would pump so hard.
But then they started restricting users by asking them to first do mandatory KYC verification. That was the beginning of their fall. I personally don't really care if they completely shut down.
Agreed. They would have become the giant of the cryptospace if they used similar tactics and strategies as CZ has used on how to avoid unclear rules and regulations around different jurisdictions hehe. I used to be a regular user of Bittrex. I never had any problems with the exchange. I am not quite certain why there are some people in who say that it is a scam. |
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If you are living under the jurisdiction of the United States of America and a registered voter under the the state of Massachusetts, do not vote for this grandma! They are doing something similar to the cryptospace as they did to controlling guns. They are taking them away from the hands of the people and what might occur is it will be the criminals who will predominantly have access to them.  U.S. Senator Elizabeth Warren’s re-election campaign is set to focus heavily on the crypto industry.
Her disdain for the crypto industry isn’t new — the Massachusetts senator has been fighting to curb the spread of cryptocurrencies in the U.S. for several years.
Her efforts culminated in December 2022 with the introduction of the Digital Asset Anti-Money Laundering Act of 2022. At the time, the bill was widely criticized both by republicans and fellow democrats, with the broader crypto and tech industries warning about the dangerous implications it could have.
In February, Warren vowed to reintroduce the bill this year, which would require all decentralized entities to comply with rigorous AML requirements.Read in full https://cryptoslate.com/elizabeth-warren-says-shes-building-an-anti-crypto-army-in-new-campaign/ |
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@Darker45. I cannot argue against you, however, I am only telling everyone that the cryptospace as an industry is being threatened. The government with their different agencies will not stop until it is gone or under their control. Mainstream adoption, ETFs and our other wishes for bitcoin will be shattered in front of everyone. We might be making a mistake with this attitude of wishing that CZ and Binance should be seized by the government. Whatever the American government accuses what illegal things Binance is doing, they are also being done by banks. CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto
The federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets.Source https://www.coindesk.com/consensus-magazine/2023/03/30/coindesk-editorial-it-sure-looks-like-the-us-is-trying-to-kill-crypto/ |
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Hehehehe there is certainly a bigger chance that it will be Trump. However, this might be a mistake created by his political enemies, I reckon. If Trump is arrested, they will only be making a martyr of him and this might make his run for the presidency closer to a certainty. Trump also knows he can use this case to get more public attention. |
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Current number of posts (including this one): 10461
Rank: Legendary
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Sherbet username: bbc.reporter
Merit earned in the last 120 days: 88
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I very much agree with the reason why this thread was created because if I am forced to choose a side between the government regulators and Binance, I will choose Binance.
You never learn, don't you? Rember the FTX will be number 1 and invest in FTT stuff? Or this one? ~ Sam Bankman-Fried's FTX and market maker, venture cryptofund Alameda Research are presently the most liquid companies in the cryptospace. Stop making idols of these guys, stop seeing them as gods or whatever, they are just some wanna-be Madoffs, but none of them (hopefully) will be able to deceive people as long as that piece of garbage did. They are not fighting against the government for our sake, they are doing so for their pockets, once it's more profitable to bow down to the authorities they will dump us in a second or throw us at the first that asks for our data and funds like in a pretzel sale. CZ is the guy that wanted to reorganize the blockchain for god's sake, he never gave a second thought, he never cared what others might suffer from it, it was all about his money. Besides, the whole thing is even funnier, you choose to side with him against the government regulations when in his defense he brags about how many users he has blocked, how many KYC he has refused, how many transactions he has frozen, and how much money he has seized when ask by regulators? Common bruh! In this thread, I am not talking about idols or the characters behind the cryptospace. That is a discussion for another day. What I am talking about is there is something happening and it might not be a Binance matter or a Coinbase matter anymore. We know these lastest coordinated attacks should certainly concern the whole cryptospace industry. On the argument about Sam and FTX, I have already admitted my mistake. FTX was a scam from the beginning. However, on the argument about CZ and Binance, he might have evaded some laws and regulations but did he create Binance to scam the community? Mainstream news media appear to be campaigning for this. |
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Also, the promoters should rent Las Vegas Raiders' Allegiant stadium, have a big screen and let everyone pay $100 per person to watch the fight hehehe. Well, that's a first if that indeed happens but they should swap the venue though because Allegiant Stadium can hold more people compared to T-Mobile Arena. That's quite too much for him to say especially that he ain't got the WBA world title belt, or any of those existing belts that is now possessed by the undisputed champion, Devin Haney. And he's saying and comparing himself towards Canelo Alvarez?  Boy, I know you got talents but you still have a long way to go and that's for sure. However, similar to what I have said, it can be argued that he might become the face of boxing if he wins this fight. The same argument can be created for Ryan Garcia. I also reckon that it would leave a bigger impression on the fans if Ryan Garcia is the winner. The occurrence might be compared to Muhamad Ali versus Sonny Liston where Ali was the underdog hehehe. Either can be the face of boxing, because as far as drawing fans to their fights, it's easy for them, they have the charisma specially Ryan Garcia. For Tank Davis his trash talk and the way he demolished his opponents with highlight knockout. Not sure if we can compare it to the great Muhammad Ali, they don't have any belts, either one of them, it's that they are the main draw in this division and not the champion in Haney. I was only trying to make a argument of the type of storyline the sports news media might create if Ryan Garcia wins the fight. If he knocks out Tank with an unseen left hook it would certainly be written in the news as something similar to Muhammad Ali's phantom punch used against Sonny Liston hehehehe. Ryan has the charisma and he appears to be well educated. Tank appears to be someone who is from the streets when you listen to him. Fair enough, yeah it could be big as the Ali upset on Liston that time, and it seems that's where Ali has started his trash talking though and from what I read it was like over before the actual fight because they say that Liston is really affected on what is Ali is saying on the public against him. I mean the psyche war is already won by Ali already. Not just that he look very educated + charisma. It maybe stem from him always praising God first during his win or when he is interviewed. It seems that the kid is God fearing and that's where he got his strength. I am quite certain that Ryan is God fearing because he is from Mexico hehehe. This is offtopic but I reckon all of the colonies of Spain were controlled through the use of religion. They wanted to create a fear. I am quite aware this is a very skeptical argument, however, this is in history. Much of the people in the Spanish colonies were only used for their natural resources and left the colonies and the people poor. |
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I very much agree with the reason why this thread was created because if I am forced to choose a side between the government regulators and Binance, I will choose Binance.
I reckon everyone should begin to recognize that the coordinated attacks on Binance, Coinbase, Chipmixer, Tornado Cash and other services is really an attack on the whole cryptospace. This is not only about Binance or Chipmixer anymore.
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@Z-tight. What they certainly cannot do is stop bitcoin, however, they can harrass bitcoin developers, users, miners and companies. This will be very much like what they did to Tornado Cash's developer, what they did to Chipmixer, other bitcoin privacy services and bitcoin payment processors. Everyone should read the news and witness that it is happening already. They are beginning to raise taxes on miners, cracking down in exchanges, investigating banks that accept deposits from exchanges and seizing privacy proving websites. Also, G7 nations will begin cooperating to create strict laws for the cryptospace. We should be more cautious when we wish for the success of a government crackdown. Much of these crackdowns are done only under a fake act of protecting small investors. It is really done to protect the interests of the rulers of the country. Cryptocurrency regulation is one of the biggest agendas for the major economic countries. The seven largest democracies may advocate for stricter cryptocurrency laws globally at the upcoming G7 summit. The countries in question include Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union.Source https://watcher.guru/news/g7-nations-to-work-towards-strict-global-cryptocurrency-laws |
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is anyone wishing this guy actually ending up paying all his money to SEC?
he keeps trying to grab attention and even attempts to buy a bank using a Twitter post. well, he must have manipulated the market with the billions of TRX he has. he must be guilty but then again part of me still wishes him to win the case.
He has diplomatic immunity because he is presently the Ambassador for the country of Grenada to the World Trade Organization hehehe. They call him His Excellency Justin Sun.There are also some speculations that he is really protected by the Chinese government. Changpeng Zhao of Binance is also speculated to have some backers from influential people from China. |
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@Hueristic. Jimmy G does not want to work or pay for it anymore heheeh. He wants to do it easily, only go to the place and lay down on the bed. In any case, it appears that Lamar has requested a trade. What team has the money and the space in their salary cap to accept Lamar? I want him to join the 49ers or the Raiders, however, the Raiders has traded for Jimmy G already and the 49ers appear to be supporting Trey Lance. What team can trade for him? I am following Lamar trade updates because I want to draft him again as my qb1 hehehe. As of March 2nd,” Jackson tweeted, “I requested a trade from the Ravens organization for which the Ravens has (sic) not been interested in meeting my value.”
His March 2 request thus landed five days before the team’s deadline to place a tag on him and five days before the rush of teams insisting “we’re not going for him.”
It was after Jackson’s apparent trade request that the Ravens eschewed the exclusive tag that NFL bylaws define as “not free to sign with another club” in favor of the tag for which a “player shall be permitted to negotiate a player contract with any club, except that draft-choice compensation of two first-round draft selections shall be made in the event he signs with a new club.”Source https://sports.yahoo.com/why-lamar-jacksons-trade-request-tweet-may-tell-us-more-about-the-last-month-than-the-next-220007845.html |
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There was good news that Michael Saylor bought 6455 bitcoin, however, the market has taken this as a signal to begin dumping. This is a very head shaking behavior hehehhehe. On March 27, 2023, MicroStrategy announced that, during the period between February 16, 2023 and March 23, 2023, MicroStrategy, together with its subsidiaries, acquired approximately 6,455 bitcoins for approximately $150.0 million in cash, at an average price of approximately $23,238 per bitcoin, inclusive of fees and expenses. As of March 23, 2023, MicroStrategy, together with its subsidiaries, held an aggregate of approximately 138,955 bitcoins, which were acquired at an aggregate purchase price of approximately $4.14 billion and an average purchase price of approximately $29,817 per bitcoin, inclusive of fees and expenses.Source https://www.sec.gov/Archives/edgar/data/1050446/000119312523079839/d467124d8k.htm |
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@mv1986. Another argument on why the American government has made a wrong assessment and the wrong action on cracking down the cryptospace is because of the stablecoin argument. Much of the stablecoins in existence are American dollars and stablecoins can become as a mechanism for worldwide distribution for American dollars for people to use American dollars. If they take this down, it will give away an opportunity to the Chinese Yuan to widen their distribution mechanisms for their own currency.
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It appears that the government under the control of the Biden administration is really determined to break the the cryptospace and control what will be left from it after they have destroyed it. It also appears that this continuous investigations and and lawsuits against CZ and Binance will not stop. I reckon it was much better under the Trump administration. They only told everyone that they do not like the cryptospace but there was no action behind those words hehehe. In any case, Binance.us might bite the dust before the end of 2023. The U.S. Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and founder Changpeng Zhao Monday on allegations the company knowingly offered unregistered crypto derivatives products in the U.S. against federal law.
The lawsuit, filed in the U.S. District Court for the Northern District of Illinois on Monday, alleged that Binance operated a derivatives trading operation in the U.S., offering trades for cryptocurrencies including bitcoin (BTC), ether (ETH), litecoin (LTC), tether (USDT) and Binance USD (BUSD), which the suit referred to as commodities. The suit also alleged that the company, under Zhao’s leadership, directed its employees to spoof their locations through the use of virtual private networks.Read in full https://www.coindesk.com/business/2023/03/27/binance-and-cz-sued-by-cftc-over-regulatory-violations/ |
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I see no one is talking about Holm's fight. It is important to remind how she was the legend who destroy Ronda Rousey's career, and today she is the underdog, but she looks really old nowadays and that's because she is 41 years old, I'm thinking of betting on her opponent Yana Santos. But it will be a great fight, for sure we will enjoy it because from what I read, Holm sign a 6 fights contract with UFC trying to become champ again. So, see will give it all in this fight.
She was not the underdog hehe. The odds on her were very small and very risky to bet considering that she is presently 41 years old. However, she has shown that she fights similar to when she was only 35 years old hehe. Her knees are still strong and they did not yet lose the bounce in movement. In the sport of boxing, the weakening of the knees was very noticeable in Manny Pacquiao's career. |
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Also, the promoters should rent Las Vegas Raiders' Allegiant stadium, have a big screen and let everyone pay $100 per person to watch the fight hehehe. Well, that's a first if that indeed happens but they should swap the venue though because Allegiant Stadium can hold more people compared to T-Mobile Arena. That's quite too much for him to say especially that he ain't got the WBA world title belt, or any of those existing belts that is now possessed by the undisputed champion, Devin Haney. And he's saying and comparing himself towards Canelo Alvarez? Boy, I know you got talents but you still have a long way to go and that's for sure. However, similar to what I have said, it can be argued that he might become the face of boxing if he wins this fight. The same argument can be created for Ryan Garcia. I also reckon that it would leave a bigger impression on the fans if Ryan Garcia is the winner. The occurrence might be compared to Muhamad Ali versus Sonny Liston where Ali was the underdog hehehe. Either can be the face of boxing, because as far as drawing fans to their fights, it's easy for them, they have the charisma specially Ryan Garcia. For Tank Davis his trash talk and the way he demolished his opponents with highlight knockout. Not sure if we can compare it to the great Muhammad Ali, they don't have any belts, either one of them, it's that they are the main draw in this division and not the champion in Haney. I was only trying to make a argument of the type of storyline the sports news media might create if Ryan Garcia wins the fight. If he knocks out Tank with an unseen left hook it would certainly be written in the news as something similar to Muhammad Ali's phantom punch used against Sonny Liston hehehehe. Ryan has the charisma and he appears to be well educated. Tank appears to be someone who is from the streets when you listen to him. |
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