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VOICE ARCHIVE

Ben Armstrong

@bitboy_crypto
59 posts
2023-04-19
I told you guys this is Gary's last moments in the SEC. He may kick around for the rest of year, but if it wasn't EXTREMELY apparent today - he's done. https://twitter.com/...
2023-04-19 View on X
MarketWatch

During a hearing, House Republicans grilled SEC Chairman Gary Gensler, who refused to state whether ether is a security, despite saying bitcoin is a commodity

#SEChearing Tweets: @warrendavidson : 🚨I'm calling to restructure the @SECGov and the removal of Chair @GaryGensler. Watch my closing remarks from today's hearing where I lay out t...

2023-03-24
Wow. Was literally explaining to some folks last night what Justin Sun with wash trading $TRX Was getting ready to actually add some Tron to the portfolio bc I thought it would have a good run. But now... is TRX going to face suppression like XRP? https://www.coindesk.com/...
2023-03-24 View on X
CNBC

Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

2023-03-23
Wow. Was literally explaining to some folks last night what Justin Sun with wash trading $TRX Was getting ready to actually add some Tron to the portfolio bc I thought it would have a good run. But now... is TRX going to face suppression like XRP? https://www.coindesk.com/...
2023-03-23 View on X
CNBC

Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+

- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.

Wow. Was literally explaining to some folks last night what Justin Sun with wash trading $TRX Was getting ready to actually add some Tron to the portfolio bc I thought it would have a good run. But now... is TRX going to face suppression like XRP? https://www.coindesk.com/...
2023-03-23 View on X
CoinDesk

The US SEC sues Tron founder Justin Sun and his companies for the alleged “unregistered offer and sale of crypto asset securities” TRX and BTT, fraud, and more

The SEC alleged TRX, BTT are unregistered securities, and claimed Sun created an “extensive wash trading” program to boost their trading volume.

2023-03-03
It's funny to me that to this day, not one regulator has brought up the serious & credible allegations against FTX including fraud, counterfeiting, sabotage, & extortion committed against projects including $AXS, $CSPR, $NUC, $REEF, $CEL, $ICP & others. https://twitter.com/...
2023-03-03 View on X
CoinDesk

After a report said Binance misplaced $1.78B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone

David Z. Morris / CoinDesk :

2023-03-02
It's funny to me that to this day, not one regulator has brought up the serious & credible allegations against FTX including fraud, counterfeiting, sabotage, & extortion committed against projects including $AXS, $CSPR, $NUC, $REEF, $CEL, $ICP & others. https://twitter.com/...
2023-03-02 View on X
CoinDesk

After a report said Binance misplaced ~$1.8B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone

The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.

2023-02-14
BREAKING: The SEC is considering going after #Bitcoin because the price sometimes goes up and sometimes goes down. Sources are saying oranges are also becoming a high level target for the SEC because the $BTC logo kind of looks like an orange if you squint.
2023-02-14 View on X
Bloomberg

US financial regulators are rapidly closing crypto's key routes to the banking system, accelerating since FTX collapsed, pushing the industry to the fringes

Crypto's free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country's banking system.

2023-01-20
A slap on the wrist. That's what they do most the time. As you saw with DOJ yesterday, the SEC is also desperate for wins. https://twitter.com/...
2023-01-20 View on X
The Block

Crypto lender Nexo agrees to pay $45M in penalties to settle SEC and US state charges for failing to register the offer and sale of its Earn Interest Product

- The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product.

2023-01-18
Today I spoke with someone very connected to the inside of the FTX Scandal and how it relates to upcoming hearings. All I can tell you from that convo is: A) SEC is getting held accountable. Goodbye Gary. B) There is another level to this story that NO ONE knows about publicly
2023-01-18 View on X
CNBC

FTX identifies ~$5.5B in “liquid” assets for recovery, including $415M in “unauthorized third-party transfers” possibly tied to a hack found after its collapse

- FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”

2023-01-02
What about these accounts? 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd And this newly $236M funded address: 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH https://twitter.com/...
2023-01-02 View on X
Wall Street Journal

A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as the firm took big gambles, winning some and losing plenty

Some projects are just better when dead asap. 😥 Tom Gara / @tomgara : Also maybe this is common knowledge but I didn't realize that famous SBF origin story trade in Japan profited ...

What about these accounts? 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd And this newly $236M funded address: 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH https://twitter.com/...
2023-01-02 View on X
Wall Street Journal

Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds

2023-01-01
What about these accounts? 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd And this newly $236M funded address: 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH https://twitter.com/...
2023-01-01 View on X
Wall Street Journal

A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty

Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’

What about these accounts? 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd And this newly $236M funded address: 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH https://twitter.com/...
2023-01-01 View on X
Wall Street Journal

Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds

Sam Bankman-Fried is likely to enter a plea of not guilty Sam Bankman-Fried is likely to enter a plea of not guilty https://www.wsj.com/... Mike Elgan / @mikeelgan : WSJ says Sam B...

2022-12-31
What about these accounts? 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ 1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd And this newly $236M funded address: 1JHceFenZHACSRPD6tE4bfU6yJ83wTG6kH https://twitter.com/...
2022-12-31 View on X
Wall Street Journal

Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds

FTX founder Sam Bankman-Fried is likely to plead not guilty to eight counts of fraud at a hearing next week, according to a person familiar with the matter.

2022-12-29
This is why the government let him out with no bond. He's literally this stupid. https://twitter.com/...
2022-12-29 View on X
The Block

Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, ending with a combined total of 47.6 BTC

Osato Avan-Nomayo / The Block :

2022-12-27
This is the email that caused Dan Berkowitz to step down from the SEC after cozying up to SBF. But wait a second... Whose email address was deleted from the document? Gary?! Is that you?! https://twitter.com/...
2022-12-27 View on X
Los Angeles Times

FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz

Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …

2022-12-26
This is the email that caused Dan Berkowitz to step down from the SEC after cozying up to SBF. But wait a second... Whose email address was deleted from the document? Gary?! Is that you?! https://twitter.com/...
2022-12-26 View on X
Los Angeles Times

FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz

Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …

2022-12-22
Brilliant review. I would add the caveat to say that ofc the SEC says FTT is a security. That doesn't make it one. This is another backdoor tactic to get what he wants. And Gary freaking loves a good backdoor. https://twitter.com/...
2022-12-22 View on X
Washington Post

The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond

Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors

Brilliant review. I would add the caveat to say that ofc the SEC says FTT is a security. That doesn't make it one. This is another backdoor tactic to get what he wants. And Gary freaking loves a good backdoor. https://twitter.com/...
2022-12-22 View on X
U.S. Securities and Exchange Commission

The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022

The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …

2022-12-21
SBF was LITERALLY begging his lawyer during the trial on Monday to get him back to U.S. Like in the middle of court he was interrupting. If you think Sam was fighting extradition on Monday then you weren't there.
2022-12-21 View on X
CNBC

Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering

- Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.