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VOICE ARCHIVE

Frank Giustra

@frank_giustra
9 posts
2022-12-26
Sadly, I suspect there are more of these revelations to come as this entire crypto mania unravels. Why investors are still long this asset class is a mystery to me. This will go down in the history books as the greatest financial scam of all time. https://www.reuters.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 …

Sadly, I suspect there are more of these revelations to come as this entire crypto mania unravels. Why investors are still long this asset class is a mystery to me. This will go down in the history books as the greatest financial scam of all time. https://www.reuters.com/...
2022-12-26 View on X
Reuters

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX

bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the ...

2022-12-25
Sadly, I suspect there are more of these revelations to come as this entire crypto mania unravels. Why investors are still long this asset class is a mystery to me. This will go down in the history books as the greatest financial scam of all time. https://www.reuters.com/...
2022-12-25 View on X
Reuters

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …

2022-12-24
Sadly, I suspect there are more of these revelations to come as this entire crypto mania unravels. Why investors are still long this asset class is a mystery to me. This will go down in the history books as the greatest financial scam of all time. https://www.reuters.com/...
2022-12-24 View on X
Reuters

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …

2022-09-17
Federal Reserve Chair Jerome Powell previously said the main incentive for the U.S. to launch its own central bank digital currency would be to eliminate the use case for crypto coins in America. “You wouldn't need stablecoins; you wouldn't need crypto.. https://www.cnbc.com/...
2022-09-17 View on X
Decrypt

The White House releases a “comprehensive framework” for US crypto regulation, outlining various federal agencies' recommendations after six months of study

here's what's in it The White House : Statement by NEC Director Brian Deese and National Security Advisor Jake Sullivan on Digital Assets Framework Terence Zimwara / Bitcoin News :...

2022-05-24
Another reminder of old financial industry trick where complexity is weaponized. But now we have financial complexity overlaid with technological complexity-What could possibly go wrong? https://www.ft.com/...
2022-05-24 View on X
Financial Times

On April 6, weeks before UST collapsed, Binance promoted the stablecoin on Telegram as a “High Yield, Safe & Happy Earn” investment with an annual 19.63% yield

2022-02-02
“Metaverse real estate sales top $500 million”. If i were pitching a film in Hollywood, I would describe it as ‘the Dutch Tulipmania meets the Mississippi Bubble’ . https://www.cnbc.com/...
2022-02-02 View on X
CNBC

Research: blockchain-based virtual real estate sales hit $501M in 2021 across Sandbox, Decentraland, Cryptovoxels, and Somnium; sales in January 2022 were $85M

2021-06-22
One by one, they all eventually come to the same conclusion-Cramer ‘sold almost all’ of his #Bitcoin , fears China is over crypto. https://www.cnbc.com/...
2021-06-22 View on X
CoinDesk

Bitcoin drops below $30,000, its lowest level since January 28 after a $64,000 peak in mid-April, as China continues to crackdown on mining

The decline brings the year-to-date gain down to just 3%, according to CoinDesk 20 data.  —  Bitcoin dipped below the long-held support at $30,000 on Tuesday …

One by one, they all eventually come to the same conclusion-Cramer ‘sold almost all’ of his #Bitcoin , fears China is over crypto. https://www.cnbc.com/...
2021-06-22 View on X
Global Times

China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down

reiterating 2017 banking ban Arjun Kharpal / CNBC : China's renewed crypto crackdown wipes $400 billion off the market as bitcoin slides Sean Murray / thegamer.com : Bitcoin Crackd...