Stuart Alderoty / BlockFI the SEC & FTX

[HAL1000]

If something looks dodgy here, it's most likely because GG & SBF are more involved than you think.

The SEC sues Blockfi, putting a competitor to GG's banking buddies out of business, whilst also allowing FTX to buy them up cheap...

https://www.coindesk.com/business/2022/08/22/ftx-could-buy-blockfi-for-only-15m

It's nice to have a regulator buddy, who will sue the competition, then allow their chosen wunderkind to save them, isn't it SBF!

The SEC get's paid, the bankers rejoice and SBF get's a nice win and looks like the hero, the real losers of course, INVESTORS.

Corrupt bunch of back scratching scheming aholes.

Edited November 27, 2022 by HAL1000

[HAL1000]

 

[HAL1000]

 

[JASCoder]

We need a facepalm emoji 

[Julian_Williams]

Alderoty is putting out tweets that twist SEC's tail (several over the last few weeks).  It's like he is playing with them, baiting or teasing them, drawing attention of higher authorities to the corruption at Gensler's SEC.  Maybe he is angry, maybe he has confidence that he is now immune to their retaliation, maybe it is frustration?  Maybe it is part of his negotiation strategy?  

 

[Julian_Williams]

This is Jungle incs perspective, not sure if he is right

 

[Gorgalosk]

8 hours ago, Julian_Williams said:

Alderoty is putting out tweets that twist SEC's tail (several over the last few weeks).  It's like he is playing with them, baiting or teasing them, drawing attention of higher authorities to the corruption at Gensler's SEC.  Maybe he is angry, maybe he has confidence that he is now immune to their retaliation, maybe it is frustration?  Maybe it is part of his negotiation strategy?  

 

You’re right to make this observation and honestly it worries me a little. 
 

Those are not the tweets of an objective professional who’s trying to keep their head down and win a lawsuit or at the very least act civil towards the SEC and work towards a settlement.

Even if ripple wins (which by NO MEANS is a given), they would still need to actively work with the SEC every day in order to be successful in their mission.

I trust that Stuart and Ripple know what they’re doing, but to me it reads like someone setting bridges on fire as they exit stage left.

 

[HAL1000]

'Oh what a tangled web we weave when first we practice to deceive'

This is what happens when a bunch of people who have well off connected parents are given access to a very large piggy bank and of course an escape plan if it all goes horribly wrong. It reminds me of kids pointing fingers and blaming each other, whilst taking no responsibility for their own actions, like saying sorry and that will make it all ok and also make it all go away. It's his fault, no it's his etc, of course in the land of the grown ups, this has shone a light on a corrupt political / financial elitist clique, that most of THEM belong to.

THEY ain't that bright and in times gone by, they could use their friends in media to gloss over these things...

That puff piece was FRONT PAGE NEWS, if you don't see how THEY stick together and scratch each others backs at the expense of the little people, then nothing will open your eyes to THEIR lies and crimes against ALL of us little people.

Always keep in mind, ETH gate, 100's if not 1000's of cryptos and only one ALT, ETH and in some way's it's entire token factory eco-system get's singled out for special treatment, by JC / BH and their friends in the media etc. This criminal elitist clique are making insane money at the expense of retail investors and then acting like THEY are the good guys, trying to save you from the bad actors in this space, e.g. GG's, Kim Kardashian PR stunt.

It's the same old old circus act routine, with a modern spin, look at the show, whilst pick pocketers steal the wallets (electronic this time), of the distracted and leave you believing it's just thieves, whilst not seeing the people standing right in front of you and THEIR connected friends.

THEY are an elitist connected criminal class that have no morals, no scruples and will lie point blank to your face and make out THEY are the good guy's and you should trust them, DON'T. .. Please do a double take at the so called respectable WSJ front page, that's THEM lying to your face and hoping you're stupid enough to buy THEIR lies and BS.

The world needs trust worthy programmatic smart contract DEFI, cutting out these middle man criminal antics forever. Which is another way to understand THEIR antics in the regulatory space, because DEFI, is ultimately a threat to THEIR criminal man in the middle attacks on US. THEY know it's coming, THEY know it can't be stopped, but THEY will do everything THEY can to put themselves back into the middle of the game. That's why GG has publicly stated that people who self custody their own digital assets should not be allowed.

It's not about terrorists and bad actors in the space, it's about THEIR power to control you. If DEFI cuts THEM out, then watch THEM try everything THEY can to regulate and own this space THEIR way. Which is precisely what is going on RIGHT NOW. 

YOU need US, look what happens when you don't have US in the mix FTX, LUNA etc = Regulation THEIR WAY = ORANGES ARE SECURITIES... getting it. Always keep in mind it was THEM that caused the 2008 financial crisis and NON OF THEM, went to jail!

Edited November 29, 2022 by HAL1000

[Frisia]

Reading this (a bit long but effective) it seems to be a new Netflix fiction series. It seems unbelievable but unfortunately it's all true. If you anyone still thinks that regulations are not useful to avoid financial disasters as this, please put up your hand.

https://www.epsilontheory.com/the-macguffin-part-2-the-story-arc-of-sbf-and-ftx/?utm_source=ET+Newsletter&utm_medium=Email&utm_campaign=website

[HAL1000]