2023-04-02
F in the chat for an OG exchange. At a time when exchanges got hacked & lost customer funds every other week, Bittrex was always our “Fort Knox.” They made the decision follow regs & always get permission first, & the undo burden of that choice killed them. Gj @GaryGensler https://twitter.com/... https://twitter.com/...
Decrypt
Seattle-based crypto exchange Bittrex shuts down its US operations, telling users to withdraw funds by April 30, but plans to continue to operate Bittrex Global
The American cryptocurrency exchange said it was not “economically viable” to continue doing business in the United States.
2023-04-01
F in the chat for an OG exchange. At a time when exchanges got hacked & lost customer funds every other week, Bittrex was always our “Fort Knox.” They made the decision follow regs & always get permission first, & the undo burden of that choice killed them. Gj @GaryGensler https://twitter.com/... https://twitter.com/...
Decrypt
Seattle-based crypto exchange Bittrex shuts down its US operations, saying funds should be withdrawn by April 30, but will continue to operate Bittrex Global
The American cryptocurrency exchange said it was not “economically viable” to continue doing business in the United States.
2022-12-28
The biggest crime Avi committed is repeatedly pulling an Algod on Twitter. If you hit a 8 to 9 figure payday through questionable means, maybe don't brag about it on Twitter or use your dox'd ens. https://twitter.com/...
Reuters
Filings: the US charges Avraham Eisenberg with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets
U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …
2022-11-23
I despise trading PA dominated by headlines. I was born, bred, and baptized in a bloody choppy market full of fakeouts and barts. That I can do. But betweeen Genesis & DCG headlines, & a hacker with $200M in ETH to sell who doesn't really care about slippage, this is hellish.
Bloomberg
Sources: Genesis Global has $2.8B in outstanding loans, including ~30% of its lending made to related parties like its parent company DCG
Bloomberg :
2022-11-11
This balance sheet is not AS BAD as I thought (still not great). But people have been selling accounts for 10c on the $1 due to the uncertainty. Sam should've been open about this immediately & saved people some pain. Zane's a class act, ty sir. https://twitter.com/...
@sbf_ftx
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
This balance sheet is not AS BAD as I thought (still not great). But people have been selling accounts for 10c on the $1 due to the uncertainty. Sam should've been open about this immediately & saved people some pain. Zane's a class act, ty sir. https://twitter.com/...
@tackettzane
[Thread] FTX's former Institutional Sales head looks at its balance sheet and options, including bankruptcy or issuing a token, and their pros and cons
1/I obviously have 0 say at this point, but hey, interested to hear others' thoughts: Two options: A) bankruptcy B) token [THESE ARE NOT CONCRETE NUMBERS] Liabilities: -8.8bn Liqui...
2021-03-08
This tweet thread is beautiful. 1. #Bitcoin maxies losing their mind that Jack has defiled himself with #Ethereum 2. No-coiners losing their minds about NFTs 3. Justin Sun bidding $700,000 for the tweet (because, of course he is). https://twitter.com/...
The Verge
After Jack Dorsey promoted an auction on the site Valuables for an NFT of his very first tweet, the bids for “just setting up my twttr” reach $2.5M
2021-03-07
This tweet thread is beautiful. 1. #Bitcoin maxies losing their mind that Jack has defiled himself with #Ethereum 2. No-coiners losing their minds about NFTs 3. Justin Sun bidding $700,000 for the tweet (because, of course he is). https://twitter.com/...
The Verge
After Jack Dorsey promoted an auction on the site Valuables for an NFT of his very first tweet, the bids for “just setting up my twttr” reach $2.5M
Apparently you can actually sell your tweets as NFT — Jack Dorsey, the billionaire co-founder and CEO of Twitter …