FBI Arrests NY Crypto Platform CEO for Alleged Fraud

Ponzi schemes continue to infest the cryptocurrency sector, adding to the industry's growing challenges.

Source Article FBI Arrests NY Crypto Platform CEO for Alleged Fraud

As you read through the article below, be mindful and conscious of the "time-frames", "timelines" that Michael Thomas Glaspie aka Mike G had given within his updates that he continued to present. December 2019, September 2021 are significant dates. You can also reference the timelines in DD's (Disclosed Deception's) Notes here. Notice the amounts of money and the $30,000 does stand out (Mikey's $30K Fine for Selling Unregistered Securities) - Not forgetting Glaspie's $6 Million Dollar Tax Evasion Fine or Neil Chandran's $3 Million Dollar Fine.

Notations: (Below) - Just some simple comparisons... follow the money trail.

Look at the amounts collected. Look at the amounts $59 Million, just about the same amount that is speculated that Michael Thomas Glaspie and Garry John Davidson had collected over the course of this charade. Check the amounts of the misdirected funds below, also very close to the money that was thought to be moved across Glaspie's accounts including his Crypto Wallets.

Also, keep in mind Glaspies earlier Fines and Lawyer fees.... $30,000.00 Fine - plus the attorney fees, remember also the charge-back fees from the merchant Glaspie once used. All of this is most likely Not Including potential funds that were seized and held by the banks that Glaspie had moved funds to. The bank locks up funds when there appears to be a security issue or suspicious activity, like moving large amount of cash without alerting the bank to this prior to moving the cash.

How ironic is it that Glaspie's activities are so very close in alignment with the actions reported in this article...?

Article continued:

Slumping cryptocurrencies have not only had to deal with plummeting values lately, but authorities are uncovering more and more crypto crimes that are adding to the industry's bad name.

U.S. tax authorities have said they were following 50 separate leads into scams involving nonfungible tokens and other aspects of the crypto industry. Tax investigators also said on May 13 that they were pursuing evidence of a $1 billion Ponzi scheme in the crypto market.

The FBI additionally on May 12 arrested the CEO of New York crypto trading platform EminiFX on one count of commodities fraud and one count of wire fraud related to an alleged Ponzi scheme that defrauded investors out of about $59 million.

Eddy Alexandre, 50, of Valley Stream, N.Y., according to the New York Business Journal, was arrested on charges which can carry a combined maximum sentence of 30 years in prison. The FBI complaint alleged that Alexandre from September 2021 to May 2022 solicited over $59 million in investments from hundreds of individual investors through the eminifx.com website, guaranteeing they would double their money within five months by earning 5% to 9.99% weekly returns on their investment. The FBI complaint claimed that Alexandre's representations about weekly profits were false and EminiFX had not earned its investors any profit.

Alexandre allegedly marketed EminiFX as an investment platform through which investors would earn passive income through automated investments in cryptocurrency and foreign exchange trading by using a "Robo-Advisor Assisted account," which he described as new technology that was a trade secret, the complaint said.

The complaint said that Alexandre received $59 million from people to invest and misdirected $15 million of the funds to his personal checking account. He allegedly transferred $9.04 million to an electronic trading platform that he had opened in his name in December 2019, which was before he established EminiFX, and sustained about $6.27 million in trading losses. He also transferred $30,000 of investor funds to a digital cryptocurrency wallet account registered in his name, according to the complaint.

Alexandre allegedly used $155,000 to purchase a BMW car, and spent $13,000 on other car payments, including $10,000 for a Mercedes Benz. Another $15,000 was spent on a charitable donation and spent other investor funds on rent, to furnish office space for EminiFX and to hold events on behalf of the company.

A substantial amount of investor funds were also used to pay attorney fees, including checks for $100,000 and $20,000, each with the word "retainer" written in the subject line, the complaint said.

Some Investors Able to Cash Out

While many investors are likely to lose money on their EminiFX investments, the FBI complaint said certain investors successfully withdrew funds from the platform. Bank account activity shows that EminiFX failed to invest the majority of investor funds, and it appears that the only way the platform could fund investor withdrawals was to use funds of existing investors in a classic Ponzi-type scheme.

The FBI investigation discovered that EminiFX accepted investor deposits in U.S. dollars and accepted investor funds and made payments in bitcoin as well, the complaint said.

By the way Mikey... when you read this, you can insert your full name into the name spaces, just to catch a glimpse of how it's all going to feel when they finally nab you.

What Is a Good Way to Accept Crypto?

I’m involved with a technical professional organization. We accept money for our events, which include a dinner and a technical talk, in the form of cash or check. I want to accept crypto.

The events are $20, so I think fees will be a larger percentage of that if people pay by Bitcoin, unless they also use Coinbase.

My plan is to accept Lightning Network, using my Wallet of Satoshi app because Coinbase does not support Lightning Network?

I know there are many coins out there geared for speed and low fees. But from a practical standpoint, if I’m sitting at the entrance with a cash box for cash and checks, and I want to accept crypto, what's the best way to do it? I think I’m going to use Wallet of Satoshi to accept Lightning Network payments. I wish there were an easy low-cost option through Coinbase.

Decentralization/Wild West vs Mass Adoption/Govt Regulation - which side do you pick?

Let’s exclude the bitcoin only argument for now

The events last week has really opened my eyes as well as others. While there have been a handful of defi hacks, the cataclysmic collapse of a top ten coin and a stable coin was devastating.

You can’t put money on exchanges for a lack of FDIC protection. Putting money in soft wallets has its own issues of potential hacks as well or the inevitable forgot/lost seed phrase.

I am fortunate that my savings are in a relatively save space but unless we get regulation, money will come from degenerative gamblers or drinking money. At a 2T dollar asset class, I don’t think that’s enough

After what happened with Luna, not sure how many corporations are really looking to jump into the crypto space.

So curious to what this Reddit thinks. Decentralization vs Regulation - do you have to pick one or is there an in between solution?

SpiderWeb ($ARAC) - Quick Fundamentals - Security Features

Hey Spider-Mites,

Today, we will start off with a Quick Fundamental guide on the Security Features of SpiderWeb ($ARAC)! This will be a quick guide to highlight the key points and features within our security features for you to better understand just "How" we intend to protect the information, and "Why" it will be far more secure than the traditional methods used today!
This project was built with the aim to reduce both cost of traditional web hosting and traffic while maximizing focus on providing security as it has become a rampant issue amongst users, both business and personal alike!

Let's Begin!

Spiderweb ($ARAC), is/will be composed of self-built private nodes and public nodes of P2P resources, in essentially 3 tiers, to form a web of decentralized IDC infrastructure:

Tier Structure

For heightened security, Spiderweb ($ARAC) has a built in proactive/passive AI which monitors all traffic and also uses the same SHA256 encryption method as Bitcoin nodes, SO incase of failure or intrusion/hacking events, it will automatically relay and/or retrieve information between other nodes, so that data security is guaranteed! (see photos below!)

Your personal nodes (SDN - See White Paper for more details) will hold about 49% of you data, while the other 51% is fragmented on all other nodes within the network, and the process to rebuild ANY loss data from any POSSIBLE failure events will be easy as well so that users can operate without worry!

​

After SHA256 encryption fragments your data into 100 pieces, it will store it across 100 initial nodes across the network so, with these exciting and amazing features, you can be sure that you can go about your business with a peace of mind!

(SpiderWeb ($ARAC) will also incorporate an eco-friendly and energy-efficient consensus mechanism called "Proof of Use" (PoU), which will be used as a means of reward verification as well!)

(**See the NFT Collection Launch post for more details!**)

Thanks everyone for taking the time to understand our Security features! Once again, for a more detailed explanations of this, please visit our #WhitePaper here: https://discord.gg/TmhneY5SEu !
Hope everyone has a great day and let's weave a brighter future together!

Withdrawing funds from Celsius (My experience)

Hello fellow Celsians,

So with all the uncertainty in the market and negative press regarding potential insolvency of major crypto platforms, I like many of you got very nervous about my crypto bags, so I decided to take some crypto off of Celsius to manage risk.

Firstly, I already had my Trezor wallet addresses whitelisted in the event I may want to transfer there. I removed HODL mode and waited 24 hours, then I went ahead and moved Bitcoin and Ethereum to my Trezor. Within less than 10 minutes, my hardware wallet received the funds and a huge weight was lifted off my shoulders. Granted I moved less than 10k off the platform so I’m not sure if that makes any difference but I just wanted to share my experience. It was very simple and fast. It does suck knowing I can’t move the funds back but it is what it is.

Crypto Payment Apps will Expedite Mainstream Adoption

I have to put it out there; for years, I wasn't sure that the whole concept of cryptocurrency was for me, but with everything that happened in the stock market during the pandemic, I decided to take a leap of faith and let me tell you, it was 100% worth it. For those of you who are new to the concept of "cryptocurrency," the following few sentences are for you. It is a digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology- a distributed ledger enforced by a disparate network of computers. Furthermore, they enable secure online payments without using a third-party mediator.

Additionally, cryptocurrencies can be mined or purchased from cryptocurrency exchanges. With that said, not all e-commerce sites allow purchases using cryptocurrencies. In fact, cryptocurrencies, even popular ones like Bitcoin and Ethereum, are hardly used for retail transactions.

That said, Gucci is taking the leap of faith and joining the crypto crowd. The brand will start accepting cryptocurrency payments in some US stores at the end of the month and plans to extend the pilot to all its directly-operated North American stores this summer. This extraordinary move marks a significant validation for the currency from a leading luxury brand. In-store crypto payments will be made with a link sent via email to the customer; once opened, they will find a QR code that will allow them to execute the payment from their crypto wallet. Gucci will accept payments in more than ten currencies, including Bitcoin, Bitcoin Cash, Ethereum, Wrapped Bitcoin, Litecoin, Shiba Inu, Dogecoin, and five stable coins pegged to the US dollar.

Crypto payments are usually accepted in physical space through a QR code or NFC reader on an existing point of sale terminal that connects with a customer's smartphone cryptocurrency app, similar to mobile credit card payments. A retailer can automatically convert the payment to fiat currency, such as US dollars, or keep the payments in cryptocurrency.

As different businesses are slowly joining this up-and-coming concept, we can probably expect to notice several apps with a similar idea to Venmo. Personally, I came across one such company--Oobit-after reading their recent PR on a new mobile payments app for crypto. Oobit first launched in 2017 to increase cryptocurrency adoption in everyday life, and are registered in APAC, the EU, and Israel--all hot spots of mainstream crypto adoption I might add. In a nutshell, Oobit offers a fast and easy way to pay individuals and also businesses. They've got a utility token, OBT, for use inside the Oobit ecosystem. The idea behind this unique concept is that anyone in the world can send and receive crypto payments in seconds with 0 fees, which is pretty revolutionary given the current constraints on cross-border payments, fiat on/off-ramps, crazy fees and wait times, etc.

If that's not an advantage and unique feature, how about their up-and-coming concept of an Oobit's Visa card that acts a bank card that allows you to withdraw cash from ATMs worldwide. Also, when spending through a standard debit card, your digital assets are sold and connected to fiat, triggering a taxable event. The Oobit Visa card allows you to pay without selling your crypto; hence no taxable event will occur. Additionally, you can buy and track more than 35 types of crypto while also managing your balance on the go. In other words, this company seems to on the right track in bringing a tangible payment PRODUCT to market, a relative rarity these days for the broader crypto market aswim with shell ICOs and hype but no actual business so to speak of.

Based on everything mentioned herein, there is no doubt that we are slowly entering a new era of crypto payment apps and purchasing via cryptocurrencies. I mention one new name here--Oobit--this is responding precisely to this market gap. They've got an interesting product on the market and I'm looking forward to where their project, alongside those of competitors, end up going. But at the end of the day I genuinely believe that Gucci's move points to the start of a new trend where consumers want the ability to make payments for anything and everything, from rent to gas to bubblegum, in crypto. As the crypto world absorbs and bounces back from the Luna/Terra/Tether debacle, its companies like Oobit--properly registered, have a legitimate product, play by the rules--that will come out on top.

Sun May 15 23:46:37 2022

NASDAQ:TSLA / 95

I'm trying to learn technical analysis and I notice many many many of the tutorial videos are all while trading FOREX so that sparked a question... When it comes to reading candle sticks, signs, patterns, etc can I take a lesson on technical analysis while they're trading FOREX and apply it to other types of trade? Stocks like TSLA, penny stocks, crypto, etc??? Or are candle stick patterns and such specific to each type of trade?

KEYWORD : TSLA DATE : Sun May 15 00:26:20 2022 SUBREDDIT : Daytrading

What do you think the best way to determine that would be? Highly doubtful a $1m trade could move TSLA stock, for example, by more that a few thousandths of a percent. But there has to be some relationship between execution likelihood and size. Anyone have any maths on this?

KEYWORD : TSLA DATE : Sat May 14 16:45:21 2022 SUBREDDIT : Daytrading

Volume .... Eg : penny stocks have low volume so 1M might make a difference. TSLA not so much.

KEYWORD : TSLA DATE : Sat May 14 20:21:36 2022 SUBREDDIT : Daytrading

I just did this. I went long 1 AMZN at 2440 and it dropped to 2100. I went short, thinking it would drop to 2000 and it went back up to 2200 today. I covered the short losing another 100 bucks on top of the 340. I was going to short again but I realized I have no idea what I'm really doing and it's better to just eat the loss. I'm long 3 TSLA at 770 and I'm going to wait it out for a month or two, which was my original plan for AMZN. Hopefully I can recoup some of my losses if the market recovers, but if I don't then hey, it was a learning experience that I won't forget. I need to stick to paper trading for now.....

KEYWORD : TSLA DATE : Fri May 13 21:35:03 2022 SUBREDDIT : Daytrading

true conspiracy take ​ ​ musk cancelled the deal because the leverage structure encouraged SHORT attacks on TSLA. ​ if TSLA price could be driven down to 600 elon would be forced to start selling tsla stock and very quickly tsla stock would be trading at 300. ​ somebody smart told elon that arrogance could be his downfall

KEYWORD : TSLA DATE : Sat May 14 22:22:51 2022 SUBREDDIT : StockMarket

*if he finds sufficient funding. TSLA is down 30% so he doesn’t have the leverage that he used to.

KEYWORD : TSLA DATE : Sat May 14 18:20:11 2022 SUBREDDIT : StockMarket

Wrong. He was using Tesla stock as leverage. TSLA has lost 30% of its value since then. TWTR would be down more if Elon wasn’t trying to buy.

KEYWORD : TSLA DATE : Sat May 14 18:18:59 2022 SUBREDDIT : StockMarket

Tesla fan here. Agree with everything you said except, Tesla fan here. Lol. At what PE (or maybe PEG ratio) would you like TSLA? It’s growing so fast, so insanely fast, and is in a market that will take over, with much of the world saying they will be all EV by a certain date, or all new cars EV. If the share price stays the same, the PE will be 10 in a few years. They have very high margins, in Shanghai, despite selling for less, I’ve heard 50% which doesn’t seem possible. The argument against Tesla seems to be that they won’t continue growing this fast. Or competition. I don’t view either of these as a threat. Only government is the threat. At what point would TSLA make sense for you?

KEYWORD : TSLA DATE : Sat May 14 21:03:34 2022 SUBREDDIT : StockMarket

Yeah he's skeptical, because he had bought into the alt-Right narrative that 1) Twitter is some sort of "town square" and more importantly 2) botnets operated by Communists had flooded the network to control the US narrative. When reality has shown him that it's his view that's skewed, then obviously he's skeptical. The fact that TSLA has taken a hammering, probably to the point of his loan being restructured, doesn't help one bit.

KEYWORD : TSLA DATE : Fri May 13 13:29:19 2022 SUBREDDIT : StockMarket

Well you win some and lose some. I shorted TSLA and took a bit of a hit. But then, i will play that trade again on Monday.

KEYWORD : TSLA DATE : Sat May 14 05:20:09 2022 SUBREDDIT : StockMarket

Very true. When it comes to shorting options, my stop loss rule is get out of the trade once the option price is 2x the premium I received. for TSLA, are you going to short the stock or its calls?

KEYWORD : TSLA DATE : Sat May 14 11:51:51 2022 SUBREDDIT : StockMarket

SPY, AAPL, NET, TSLA, AMZN (https://swaggystocks.com/dashboard/stocks/market-sentiment). this is getting interesting

KEYWORD : TSLA DATE : Fri May 13 16:30:03 2022 SUBREDDIT : stocks

Musks's objection is supposedly about the number of bots, which is a strange thing to say now because the topic has been studied by a number of other organizations and specific numbers put to it. I think the more likely explanation is the news that came out yesterday: Musk faces a margin call because TSLA is tanking and wants to bargain down his purchase price on Twitter to deleverage.

KEYWORD : TSLA DATE : Fri May 13 16:31:44 2022 SUBREDDIT : stocks

Fuck TSLA. Worth $100 not even.

KEYWORD : TSLA DATE : Sat May 14 00:35:32 2022 SUBREDDIT : stocks

On every single post, almost all the comments would be the same 5 stocks of NVDA, MSFT, GOOGL, AAPL, and TSLA.

KEYWORD : TSLA DATE : Fri May 13 18:01:41 2022 SUBREDDIT : stocks

/r/investing is too biased. Try disgusting (or even posting) positive quarter from TSLA and get downvoted / removed, but they still happily take any FUD.

KEYWORD : TSLA DATE : Sat May 14 07:57:18 2022 SUBREDDIT : stocks

One could argue TSLA will be the last to be sold.

KEYWORD : TSLA DATE : Sat May 14 17:22:44 2022 SUBREDDIT : stocks

Yeah but ppl don't buy stocks like that. You have FB out here making more money in one year than TSLA did in its entire existence yet 2/3 the size. It's very probable that Apple can be sold even though everybody knows they're in a strong position. The reason I brought up TSLA is because I define "capitulation" as maximum fear, no bulls left, no more "XXX (in this case EV) is the future" dreams being sold so much that stocks like TSLA end up with 1500+ P/E, no more "believe in so and so (in this case Elon)" justifying insane stock prices. I think when all this stuff goes away (and with it TSLA's valuation), we'll be at the bottom. I could be wrong, ofc

KEYWORD : TSLA DATE : Sat May 14 18:07:40 2022 SUBREDDIT : stocks

Yes but it wasn't like that for the 15 years while they were going up. They only achieved a large cash position since Covid when the company sold a bunch of stock since the price was so high. And there are lots of high or even ultra-high growth companies that never see the insane valuations that TSLA sees.

KEYWORD : TSLA DATE : Sun May 15 00:21:08 2022 SUBREDDIT : stocks

Look what it's doing to TSLA..📉

KEYWORD : TSLA DATE : Fri May 13 17:27:16 2022 SUBREDDIT : stocks

My guess is that after the initial thrill of disrupting and buying Twitter, he suddenly had buyer's remorse as he saw TSLA stock plunge and realized that by backing Trump he had alienated 60%+ of Twitter users. You don't have to be a liberal to know Trump is totally full of it, a huge national security risk and a shameless scammer. and if Musk allows Trump back after January 6th, who else does he allow to spread malicious fascist lies? yes Musk helped Ukraine with internet services but does he really oppose Putin and fascism? And if so, how can you oppose Putin and support Trump at the same time? Trump works for Putin and wants to be Putin. And Musk pushers like Jim Jordan know this. Jordan was in the room in 2016 when McCarthy and Ryan confirmed Trump is a Russian agent, then they all agreed to lie about it and cover it up.

KEYWORD : TSLA DATE : Fri May 13 12:14:28 2022 SUBREDDIT : stocks

I have been saying for years that Musk is a flake. He is an engineering genius but a mercurial flipflopper who often had bad, even crazy, ideas, often plays games, kind of lies, and does not act ,like a professional CEO at all. This combined with the lofty once sky-high valuation of TSLA (95-150 PE on 30% type growth) means that TSLA is a very risky stock, like a giant meme stock. Musk is also in cahoots with crypto fanatic Jack Dorsey who probably talked him into buying Twitter out of a revenge motive for being pushed out. cryptos as a whole have not survived the stress test of this inflationary sell-off period. They are not a hedge, are extremely unsafe and on any one of them, or 99% of them you could lose 100%. Algorithms have no intrinsic value or usefulness, they are just a digital token or ticket to ride a train to potentially nowhere. Because of all this, Musk should step down as CEO of all companies and use his wealth to making the world a better place, and that does NOT include helping serial lying fascists like Trump.

KEYWORD : TSLA DATE : Fri May 13 12:10:29 2022 SUBREDDIT : stocks

You guys realize this was to dump TSLA shares w/o openly dumping shares, right? The fact it was with Twitter thing was for LULZ...but the real reason was to dump TSLA. TSLA bulls beware...Musk calling top

KEYWORD : TSLA DATE : Fri May 13 13:09:01 2022 SUBREDDIT : stocks

Yeah, that's it. I'm sure it has nothing to do with an inability to get funding thanks to TSLA and Bitcoin plunging.

KEYWORD : TSLA DATE : Fri May 13 12:34:11 2022 SUBREDDIT : stocks

What's more likely is that TSLA is down 25%, meaning his net worth is down almost as much.

KEYWORD : TSLA DATE : Fri May 13 14:34:02 2022 SUBREDDIT : stocks

Look at that, he say "Maybe Twitter isn't a great idea." TSLA goes up

KEYWORD : TSLA DATE : Fri May 13 17:32:58 2022 SUBREDDIT : stocks

I think he never had a real intention of buying TWTR. He just wanted to sell TSLA shares without having to justify why he was selling it.

KEYWORD : TSLA DATE : Fri May 13 14:04:57 2022 SUBREDDIT : stocks

You must've called the market fall out then too - must be killing it the past few weeks, return-wise. He's trying to finance it with debt backed by TSLA shares, which have plummeted in value the last three weeks or so.....

KEYWORD : TSLA DATE : Fri May 13 15:42:09 2022 SUBREDDIT : stocks

Hertz, Doge, his own TSLA stock ("guys, should I sell? oops already did"), now TWTR.

KEYWORD : TSLA DATE : Fri May 13 17:22:43 2022 SUBREDDIT : stocks

Yeah, that's what the options market seems to think (and what I've been thinking as well) because they're positioning for TWTR to trade at $30 again at some point in the future. I own no shares of TSLA or TWTR, but this frustrates me anyway because Elon selling TSLA has 100% pressured the Nasdaq at times. TSLA's movement shouldn't move around the Nasdaq, but it does just about as much as Apple's movement.

KEYWORD : TSLA DATE : Fri May 13 14:22:25 2022 SUBREDDIT : stocks

His Tesla shares are only sufficiently valued to collateralize the bank loans at a share price of roughly $740. TSLA closed at $728 yesterday. Bloomberg noted this possibility 3 weeks ago: >Third: Musk’s financing could fall through. He has commitment letters from banks to fund $13 billion of (https://www.bloomberg.com/opinion/articles/2022-04-26/elon-got-his-deal#footnote-5)  Tesla closed at $1,084.59 on April 1, the last day before Musk announced his Twitter stake; it was trading at $905 as of 11 a.m. today.  Selling or collateralizing more TSLA will cause its share price to fall even further, creating a Catch-22.

KEYWORD : TSLA DATE : Fri May 13 13:36:26 2022 SUBREDDIT : stocks

TWTR mooned on the announcement. If it's anywhere above $38 he could still profit from dumping it. I assumed all along his plan was to pump and dump Twitter, while intentionally tanking TSLA so he could buy more of his own company back.

KEYWORD : TSLA DATE : Fri May 13 14:08:04 2022 SUBREDDIT : stocks

Well TSLA is a huge portion of Nasdaq. You can't blame the guy wanting to sell though, if you had 27million+ shares of that company wouldn't you want to diversify?

KEYWORD : TSLA DATE : Fri May 13 17:22:51 2022 SUBREDDIT : stocks

The news would come out after he sold. He did the same with TSLA when he posted a twitter poll asking if he should sell to cover taxes owed. He had already sold, per SEC filings.

KEYWORD : TSLA DATE : Fri May 13 17:30:14 2022 SUBREDDIT : stocks

That sounds like due diligence to be done BEFORE making an offer. It’s also face saving BS - the markets ranked, TSLA stock included, he realized he could have gotten it for less. If he loses the billion for terminating the deal but offers 35bn and it gets accepted - he will have saved a lot.

KEYWORD : TSLA DATE : Fri May 13 19:00:25 2022 SUBREDDIT : stocks

It’s been an interesting 2 years for sure GM: replace with more TSLA, or maybe a good div consumer staple. It doesn’t have the growth, yield and carries elevated risk. DIS: replace with nothing or a bond fund - at least you’ll get something. How much upside is here realistically? Worth a trade at these levels at best. SBUX is a good replacement here. JNJ and AAPL: since they’re so heavily weighted in the SP index I would rather own the index, get the others and sleep better. The rest is great

KEYWORD : TSLA DATE : Sat May 14 06:19:05 2022 SUBREDDIT : stocks

There are a lot of really accomplished investors who beg to differ. If volatile market dynamic made an asset class irrelevant than you should be completely out of stocks because of GME, AMC, ARKK, TSLA, RBLX, NKD…the list goes on and on. Bitcoin has no unpredictable qualities and a fixed supply. It’s in no way a gambling instrument

KEYWORD : TSLA DATE : Fri May 13 21:01:40 2022 SUBREDDIT : stocks

You made and subsequently lost a fortune by gambling with margin and now you're asking if it's reasonable to take out a loan and do it again...but "safely" Look, I have a position in TSLA and I'm a believer in their future profitability but you're playing with fire if you jump back into margin trading. You're clearly a smart guy with a good career (no sarcasm) but it sounds like you're trying to rush your way into wealth. My advice would be to buy into TSLA every time it drops to a price you think is a good value. There's no way to know if we have another month or two years of this recession. Capital preservation should be your number one objective, alpha comes second.

KEYWORD : TSLA DATE : Sat May 14 12:49:30 2022 SUBREDDIT : stocks

Regardless of if you are interested in trying TSLA again or timing any stock or index with a stop loss; I recommend “how to make money in stocks” by William O’Neil and “profiting in bull and bear markets” by Stan Weinstein. In general I only recommend margin if you have more than 25k in a portfolio and if your trades/set ups/investments are doing so well you have plenty of buffer to handle a draw down and still be in the green.

KEYWORD : TSLA DATE : Sat May 14 13:40:00 2022 SUBREDDIT : stocks

not financial advice but go balls deep in brudda TSLA to the moon

KEYWORD : TSLA DATE : Sat May 14 13:19:12 2022 SUBREDDIT : stocks

I reckon Elon Musk will always be TSLA's biggest asset and also potential for biggest downfall. People can talk about Shanghai factory close, or another factory opening bla bla bla - fact is TSLA will keep growing because the demand is there. TSLA went down with the market sure but if that twitter crap with Musk didn't happen I don't see TSLA at today's current price. One can argue Musk planned this whole thing just to mass dump shares. Long term Musk obviously have the incentive to keep the price high. But he's smart enough to balance share price vs cashing out. Long term in terms of years TSLA should be safe. But short term volatility can absolutely drop this below 400

KEYWORD : TSLA DATE : Sun May 15 00:45:54 2022 SUBREDDIT : stocks

> If you are about to retire, you are screwed. I'm actually in this category but, nope, I'm not screwed. Because I moved 50% of my 401k to cash (specifically, special short-term government bonds). And a considerable amount of my IRA/brokerage to consumer/energy/utilities/etc. that, it turns out, was exactly the right move. In any event, someone retiring right now has been the benefit of such a huge boom that a 15% drop on a massive run is still a lot of money. If your retirement consisted of DCA into AAPL, TSLA, GOOG, and NVDA you'd be so rich that the recent drop would be irrelevant.

KEYWORD : TSLA DATE : Sat May 14 01:11:42 2022 SUBREDDIT : stocks

I feel like TSLA will still make a push for the split and EVs aren’t going anywhere. If China ever comes out of lockdown, I like NIO. Tech, chips, big banks.. 🤷‍♂️

KEYWORD : TSLA DATE : Sat May 14 01:04:20 2022 SUBREDDIT : stocks

What companies will be successful in the future is the question. I believe it will be TSLA (which is still overpriced IMO), APPL, GOOGL, NVDA, FB. I don't see COIN being successful because other financial entities (like Paypal, Block) can enter the crypto exchange market and drive down margins. Not sure about ISRG. I think TDOC will only grow in the future but have not bought any. Their competition is growing quickly as well though. Established companies with solid growth are the safest bet.

KEYWORD : TSLA DATE : Sat May 14 01:40:44 2022 SUBREDDIT : stocks

Wait with buying TSLA the last two downward trends took 4 months until the turnaround. If you bought at around 700 you should be fine. Next high should be around 1030ish

KEYWORD : TSLA DATE : Sat May 14 05:47:30 2022 SUBREDDIT : stocks

Any TSLA put players out there?

KEYWORD : TSLA DATE : Fri May 13 23:31:12 2022 SUBREDDIT : wallstreetbets

Over half my portfolio loss was from buying TSLA and AMZN before earnings

KEYWORD : TSLA DATE : Sat May 14 17:53:15 2022 SUBREDDIT : wallstreetbets

"Finally realize" like Bro how da fuk did he even make it this far? TSLA at $1200 like are those people out of their minds? Buying TWTR?!1!! motherfuckers he's just trolling ffs.. Fuck me that guy is exhausting...

KEYWORD : TSLA DATE : Sun May 15 11:31:34 2022 SUBREDDIT : wallstreetbets

So TSLA grows exponentially under the Trump regime. Trump announces a social media app. Elon offers to buy Twitter and then says, "nevermind it's not worth it". Twitter tanks, Trump benefits. Elon asked for a favor from Trump during his presidency and now Elon has paid back the favor. It's all part of the plan.

KEYWORD : TSLA DATE : Sat May 14 19:02:52 2022 SUBREDDIT : wallstreetbets

Trump's ties to oil and gas gave him incentive to shut down the EV program. However, when it comes to Elon and Trump ties.. they have always been on the same page. https://www.foxbusiness.com/business-leaders/trump-on-elon-musk-hes-doing-a-good-job Trump even came out in support of Tesla reopening California factory specifically. https://www.reuters.com/article/us-health-coronavirus-tesla-trump-idUSKBN22O212 Even in the early days Musk asked Trump for help with China tarrifs https://www.dw.com/en/tesla-chief-elon-musk-turns-to-trump-for-help-on-china-car-tariffs/a-42901852 And more importantly, Tesla already benefited from the EV government loan program and Trump ending it shortly after helped TSLA by limiting it's competitors https://www.washingtonpost.com/news/innovations/wp/2017/03/16/this-government-loan-program-helped-tesla-at-a-critical-time-trump-wants-to-cut-it/

KEYWORD : TSLA DATE : Sat May 14 19:44:35 2022 SUBREDDIT : wallstreetbets

He wanted to sell shares, but he didn't want people to panic and unload TSLA. He needed a convenient excuse "oops, margin called!"

KEYWORD : TSLA DATE : Sat May 14 17:11:15 2022 SUBREDDIT : wallstreetbets

Yes, however. The tarrifs once again helped TSLA and hurt it's competitors. https://www.reuters.com/article/us-usa-trade-tariffs-tesla-idUSKBN1FC37D With a clause snuck in specifically benefiting Elon and hurting over 300 other U.S. companies.

KEYWORD : TSLA DATE : Sat May 14 19:52:09 2022 SUBREDDIT : wallstreetbets

There are already reports that he will get the additional funding needed from other investors and completely forego any margin loan on his TSLA shares. Probably just needed to show the he “could” do it to get the deal going, but now will work out the funds with other entities instead. Musk is smarter than you. Just sayin.

KEYWORD : TSLA DATE : Sun May 15 00:35:03 2022 SUBREDDIT : wallstreetbets

DAU's are arguably Twitter's most important metric and they explicitly asserted <5% fake users in their 10Q filings. If Elon can demonstrate that it is substantially higher, then it is a material misstatement that gives him an easy out. Remember kids: if you're going to lie, do it outside your SEC filings. Anyways, I agree that the initial tender offer was way too highly leveraged. But I think he wants to collapse Twitter's stock price and ultimately buy them around 20B without leveraging his TSLA holdings.

KEYWORD : TSLA DATE : Sun May 15 03:49:25 2022 SUBREDDIT : wallstreetbets

Yes yes yes Musk is a WSB acolyte But TSLA will still go up

KEYWORD : TSLA DATE : Sun May 15 02:53:27 2022 SUBREDDIT : wallstreetbets

*Shitposting. Turning Twitter into 4chan might seem like a great plan to own the libs(aka Tesla buyers), but if I was a a shareholder or on the board, I wouldn’t be bullish on long term performance for Twitter if he sticks to his free speech absolutist talking points. Selling his TSLA shares to buy up Twitter shares and turning it into 4chan sounds dumb af unless he’s trading on insider info (likely).

KEYWORD : TSLA DATE : Sun May 15 03:40:08 2022 SUBREDDIT : wallstreetbets

That’s all this ever was. He sold billions worth of TSLA at the local Top and had a perfect cover. Just a few days/weeks before TSLA was getting slammed with crap news during a major market downfall. He knew it was coming. Sold billions while TsLA was still north of 1k

KEYWORD : TSLA DATE : Sat May 14 21:19:26 2022 SUBREDDIT : wallstreetbets

if TSLA goes down a lot, she’s fund will get liquidated right away

KEYWORD : TSLA DATE : Sat May 14 23:26:54 2022 SUBREDDIT : wallstreetbets

You should instead be buying ARKK‘s top holding that time, TSLA. Overall less crazy play (and I like diversification) and just compare the results. She got lucky that year with TSLA and underperformed on the rest.

KEYWORD : TSLA DATE : Sat May 14 21:26:55 2022 SUBREDDIT : wallstreetbets

TSLA is probably the one stock where she bought low.

KEYWORD : TSLA DATE : Sun May 15 08:56:37 2022 SUBREDDIT : wallstreetbets

Sure, but Cathie beat pretty much everyone that year. Like OPs whole point is “why is she so overrated.” It’s because of her predictions on TSLA and how her funds performed in 2020. There’s no mystery here.

KEYWORD : TSLA DATE : Sat May 14 20:31:43 2022 SUBREDDIT : wallstreetbets

pretty sure he never intended to buy Twitter and this was just an excuse to sell TSLA at peak without spooking the stans.

KEYWORD : TSLA DATE : Sun May 15 07:15:58 2022 SUBREDDIT : wallstreetbets

I had posted my hypothesis on this a while back... Elon wanted to sell more TSLA shares because he knows the stock market is close to crashing, so he comes up with the idea of "buying" twitter.. He then sells $10B in TSLA shares and the public doesn't question it (he sold at higher levels than current price), he then backs out and pays the $1B fine and still has $9B leftover. TSLA stock is eventually going to get hit hard due to its multiple and he knows it.

KEYWORD : TSLA DATE : Fri May 13 14:48:27 2022 SUBREDDIT : wallstreetbets

No shit he is reconsidering.... the TSLA stock he was planning to use as collateral has dropped below the threshold. This would at the very least, have substantial tax implications for him, meaning not only would he lose the $10 billion or so in stock, but he would then also have to sell more stock to pay the $2+ Billion in taxes he would owe as a result. Then guess what... Tesla continues into a death spiral because he has been using Tesla stock as collateral to fund other ventures. "Sniff, sniff" ... I think I smell the Musk of ENRON

KEYWORD : TSLA DATE : Fri May 13 21:46:30 2022 SUBREDDIT : wallstreetbets

This is funny ngl, time to print money from puts on TSLA and TWTR

KEYWORD : TSLA DATE : Fri May 13 12:03:44 2022 SUBREDDIT : wallstreetbets

Unfortunately for most of us, TSLA is now in the S&P500. Can't avoid him for most 401ks ffs.

KEYWORD : TSLA DATE : Fri May 13 15:49:27 2022 SUBREDDIT : wallstreetbets

Nah, he did this so he’d have an excuse to liquidate $13B in TSLA without upsetting the cult too much.

KEYWORD : TSLA DATE : Fri May 13 14:44:06 2022 SUBREDDIT : wallstreetbets

He also got to sell a lot of TSLA shares at an insane valuation without indicating negative sentiment and tanking the stock. It's a great move for him.

KEYWORD : TSLA DATE : Fri May 13 12:48:04 2022 SUBREDDIT : wallstreetbets

Great summary. The key point was doubling down the day deal was officially announced and the puts went to 0.80 each, I had initially bought some for $4.50. I did this because I’m a huge 🌈 🐻 in 2022 and foreseeable future and felt the overall market would make this a bad deal quickly, not to mention other risks (political/regulatory). The best part is I grabbed these with profits from TSLA puts that were bought at $1100 and sold at $950 a week earlier. Not a musk fan.

KEYWORD : TSLA DATE : Fri May 13 17:36:45 2022 SUBREDDIT : wallstreetbets

He could have already unloaded in last several days, making billions in the process on pumping and dumping TWTR while selling TSLA without people panicking.

KEYWORD : TSLA DATE : Fri May 13 12:31:57 2022 SUBREDDIT : wallstreetbets

100% this. Elon knows more competition is coming to the EV market (yes fanboys, we know TSLA has a competitive advantage right now) and he also knows his stock is overpriced as fuck. Why not cash out gains?

KEYWORD : TSLA DATE : Fri May 13 17:06:27 2022 SUBREDDIT : wallstreetbets

BS... he would have to surrender the TSLA stock put up as collateral for the bank financing. That would create more than $2 Billion in tax liability for him. It would also result in his needing to sell some mroe stock putting more downward pressure on the stock which is also being used as collateral for other ventures he has. It would be a very slippery slope. Just wait... within a couple weeks he will have some press release about needing to sell stock to cover taxes from capital gains on options he is going to exercise. The real reason will be to be more liquid.

KEYWORD : TSLA DATE : Fri May 13 21:51:20 2022 SUBREDDIT : wallstreetbets

I really think once Toyota gets EV right, TSLA would be fucked. Majority of people would choose a Toyota over a Tesla anytime.

KEYWORD : TSLA DATE : Fri May 13 19:40:44 2022 SUBREDDIT : wallstreetbets

Used to be you. I just did stocks and one point I was up almost 200%. GME. TSLA. Other stuff. Got in to options this month. Lost all profits. Now I'm all in on spy puts. About 50% down currently.

KEYWORD : TSLA DATE : Fri May 13 22:27:08 2022 SUBREDDIT : wallstreetbets

get rid of it an jack up those TSLA numbers lol.

KEYWORD : TSLA DATE : Sat May 14 00:03:52 2022 SUBREDDIT : wallstreetbets

I love it when bulls and bears of TSLA fight. Keep the IV up 😌

KEYWORD : TSLA DATE : Sat May 14 06:30:35 2022 SUBREDDIT : wallstreetbets

NVDA and AMD aren't overvalued. They are solid. AAPL, TSLA, AMZN though? AAPL there's a good case to be made that it's actually right on track. I've never really been an Apple fan as far as the company, but it's much like Nvidia and AMD. They all have a stranglehold on their respective markets. Tesla and Amazon though? Tesla is an oddity. A luxury car brand with a fraction of market share and rapidly gaining competition brands with arguably more compelling products. Amazon is Amazon. It's more than an online retailer, because of AWS but it's still fast overvalued because the pandemic boom in online ordering. I think it's surfing that wave to an extent, and will eventually come back to earth. Purely speculation. I like ETFs. I'm not much for individual companies in any respect.

KEYWORD : TSLA DATE : Sat May 14 10:36:45 2022 SUBREDDIT : wallstreetbets

If you own a house get HELOC, buy TSLA calls and pay back in a week

KEYWORD : TSLA DATE : Sat May 14 09:07:36 2022 SUBREDDIT : wallstreetbets

Hey, maybe he just want a excuse to sell some of his TSLA stock, and pump twitter for some additional gain, nothing to see here.

KEYWORD : TSLA DATE : Fri May 13 14:35:57 2022 SUBREDDIT : wallstreetbets

It's just an excuse to back out because 1) He was vastly overpaying for TWTR. 2) his TSLA stock is getting creamed.

KEYWORD : TSLA DATE : Fri May 13 14:09:45 2022 SUBREDDIT : wallstreetbets

Let's wait to see what happens to TSLA as the market repriced around fundamentals before we do the math on how much this costs him.

KEYWORD : TSLA DATE : Fri May 13 19:24:28 2022 SUBREDDIT : wallstreetbets

You're forgetting he used this as an excuse to liquidate billions in other stock and also as advertisement for TSLA.

KEYWORD : TSLA DATE : Sat May 14 14:04:29 2022 SUBREDDIT : wallstreetbets

He did use it as an excuse to dump TSLA near ATH

KEYWORD : TSLA DATE : Fri May 13 12:44:34 2022 SUBREDDIT : wallstreetbets

No, this is just a bonus outcome. I think he just wanted to dump some TSLA without tanking it

KEYWORD : TSLA DATE : Fri May 13 17:46:44 2022 SUBREDDIT : wallstreetbets

SELL TSLA, BUY GM and COIN and TDOC. deep value. 5 year time horizon

KEYWORD : TSLA DATE : Fri May 13 22:57:45 2022 SUBREDDIT : wallstreetbets

TSLA !(emote|t5_2th52|4258)

KEYWORD : TSLA DATE : Fri May 13 16:25:02 2022 SUBREDDIT : wallstreetbets

so let me get this straight, the economy is entirely down to TSLA at this point?

KEYWORD : TSLA DATE : Fri May 13 12:19:38 2022 SUBREDDIT : wallstreetbets

Praying for my TSLA put to recover my next Friday 🫃🏻

KEYWORD : TSLA DATE : Fri May 13 13:02:17 2022 SUBREDDIT : wallstreetbets

alright, who here is holding 0DTE TSLA puts desperately praying that it drops like a rock?

KEYWORD : TSLA DATE : Fri May 13 15:28:56 2022 SUBREDDIT : wallstreetbets

okay. For those playing along at home. On today's episode of "This guy is an idiot" I'm holding 400C SPY 0DTE 33C TQQQ 0DTE 20C AMC Jun 17 Expiry 125C AMD May 20 Expiry (RIP, you are my reminder to not get greedy and do my own research) Account Value $544 (From a high of 4000.00 (lost a LOT of money betting against GME and wildly OTM puts and calls on AMD)) I'm going to try to get a PUT at open with a strike at 392 if I can manage it. Expected low of the day ... 388. It's entirely possible that we moon on the back of TSLA. Everyone hated that TWTR deal. If there's a giant "Fuck you" backlash, then it could get ugly. GME could do its thing today also out of sheer spite. Bet against GME at your peril. That's enough rambling. SPY High of 404 (why not, market is irrational), SPY Low of 388.

KEYWORD : TSLA DATE : Fri May 13 12:50:14 2022 SUBREDDIT : wallstreetbets

Wow this is the worst I’ve felt in a long time. Had 2200c for AMZN and 770c for TSLA yesterday morning and got scared out of them and went back into puts. Lost so much money and missed out on so many potential gains. Fuck

KEYWORD : TSLA DATE : Fri May 13 14:24:43 2022 SUBREDDIT : wallstreetbets

How are people buying TSLA at this price? That shits a cult they will sacrifice everything for their master musk I guess

KEYWORD : TSLA DATE : Fri May 13 17:01:45 2022 SUBREDDIT : wallstreetbets

Same for me. Countless comments that deal will not happen, and it is all for excuse to sell more TSLA stocks

KEYWORD : TSLA DATE : Fri May 13 20:08:37 2022 SUBREDDIT : wallstreetbets

Part 11. Let's go to Cryptozen!

The mastership of business recovery presents: Top-10 Classic Movies.Number 5. Let's go to Cryptozen!

Cast: Smart Heat, VTB, Qiwi, cameos Dmitry Marinichev and Boris Titov.

Part 11.

https://preview.redd.it/cm7enpx2amz81.png?width=940&format=png&auto=webp&s=e327e0adaa4d229c7aed1a3e855b0d38fac9b8b3

Coming back to RMC, as a part of the RMC, the "team" expected to produce miners under the brand Sunrise. Before the introduction of multiklet, they announced that these miners were equipped with an integrated security chip. The miners were produced without a security chip, so the conditions declared to investors were not met. To hide this as well, the miners, so as not to be handed over physically to their buyers, and the fraud was not revealed, the miners were immediately moved to the farm in the so-called mining club where they put the miners without the promised chip, so as not to give them into the hands of investors and so that the fraud would not be detected.Nobody in the project RMC knew the real amount of funds raised, even Oxana Bobyleva, who was named as responsible for the ICO process. Instead of the declared US$43 million with the threshold of $100 mln, the project collected about US$6 million in cash and Marinichev in personal discussion told about $20 mln came from Alexey Nikolaev. However, in the press, Marinichev and RMC team disclosed other information misleading the investors. The collected $6 mln funds were insufficient to create a multiklet chip for multicurrency mining and produce miners. People were sold tokens for the production of new equipment with the Multiclet chip as if it were ready. After investors bought the tokens, it turned out that the chip is not ready and does not exist, and will be produced no earlier than in a year. However, as long as the announcement was made, the RMC continued to support the legend. Later, instead of a miner with an embedded multiklet chip, after, Marinichev said to investors that they ship investors only 1 chip with a 1-year delay in production, and the chip was created as a part of the state defense military order at cost of the Russian Federation. Investors' money presumably was spent for the rapid deployment of the large-scale ready-to-use crypto farm on ZIL.Anyway, there was not enough funding to meet the project plan. Instead of a beauty, transparent value-adding story, the project transformed into the black crypto business financed at cost of money without confirmed origin and developed by the two visible political persons which organisationally were named as subordinates of the President of Russia. No need to tell how that impairs the image of the public authorities and the President. However, that was not noted by such "respectful" calling them as "investigative" mass media - Meduza, Echo Moskvy, Dozhd, BBC, ICIJ, and others. So, if this elephant eluded their attention - such a precise, close, and "fair", when they target somebody they do not like - that means that they or were financed from these crypto sources, or the story seems like "normal" for them. That explains the substance of their activity in Russia better than any words.Initially, investors were offered to sell a miner equipped with a Multiklet chip. After a long fraudulent silence, in December, 2018, Marinichev said that instead of mine, the investors will get only a chip. The development of the multiklet chip was paid for under the state defence order and which should be made for defence encryption purposes (cryptography and decryption - to generate and crack keys). Marinichev paid off the debt for the farm’s electricity with money under the state defense order which were partially covered by Megafon's payments. The initial multiklet chip for the state government was not produced on time, as a result of which Marinichev and Radius had problems with misappropriation of funds under the state defense order and a bunch of deceived investors who tried to calm down at a press conference with dinner and a buffet.In addition, on the miners assembled in RMC and Smart Heat, the "team" used the trademark Sunrise. That generates the third batch of claims with regards to the copyright violation by the RMC "team".Finally, there is portion of another kind of issues related mostly to the state security question.The start of the RMC project matched the period of the highest bitcoin rates with the presidential election - end of 2017 - start of 2018. As we know, Navalny, FBK, and other terroristic activities are financed through digital assets. As a remarkable proof of evidence, the political protests across the Russia took part exactly at the same time in 2017-2018. As soon as the demand for bitcoin drove the supply, and from another angle FBK actively used cryptocurrency to gather for its own activity financing, we suppose that the money to finance terroristic and extremist activity in Russia were sourced from the cryptocurrency mined on Smart Heat and RMC farms as they were the largest sources of cryptocurrency in Russia at that moment. The geography of cities where the outcries were organized, precisely match the combined Hermitage Capital core episodes geography. That was focusing on the politically unstable cities where we note the core episodes of the criminal activity of the Hermitage Capital combined case and the toxic assets.So, now we have a 100% overlapped map of episodes related to the Hermitage Capital and toxic assets with the cities unfriendly to the core nationality of Russia and who do not support an official government. What does it prove? There is no official Russian power behind the scene of the Hermitage Capital and the death of Magnitsky, as well as behind the loud business seizures acquired in the form of claims. All criminal activities, including corruption, mass murders, terrorism, tax evasion, and serious fraud, took place in the cities where the population is not loyal to the official government of Russia and are not Russians by nationality. The death of Magnitsky is not the guilt of either the official Russian government or Russians. There are no reasons not to sell Chanel's bag in the store to us. Neither we nor the government we elected committed this series of aggravated crimes.However, these extremist activities and hatred inciting were intensively distributed through such mass media as BBC, Meduza, Novaya Gazeta, Dozhd, Radio Svoboda, and others of the same kind. At the same time, the true criminal activity that occurred in the Hermitage Capital case and related toxic assets eluded their close attention. That confirms another piece of evidence, that these mass media were not independent journalism, but were used for brainwashing to distribute hate and discriminate against the image of Russia's official government - to call the revolution in the country, that we remember by 1917 and 1991's lessons. These "journalists" acted as a part of the same organized criminal group to commit the same crimes - provoking aggressive war, massacres, terrorism, and crimes which every time, like magic, took place in the cities with the government and population not loyal the official governmental power, and not Russians by nationality.Again - that's the 100% of pairs matching, and the end of the explanation about the role of Navalny, Sobol, the true face of the FBK, and other "democratic" sources of "valuable knowledge" about the "truth" about Russia, and the reasons for mass public outcries.RMC did not possess enough money to deploy the industrial large mining farm, however, it was executed on the territory of ZIL, operated by AFK Sistema and its affiliates - Grigory Luchansky, Umar Dzhabrailov, Andrey Molchanov. The miners, as explained below, were illegally disposed of from the Smart Heat business. On the territory of ZIL, RMC's farm has been working, and the process of heavy upload precisely matched the Presidential election and activity of Navalny. The participant of RMC, Qiwi, has a JV with PJSC MTS, and included into the Group of AFK Sistema. The project itself was intensively covered by Boris Titov and partya Rosta. After the elections were done, the farms were switched off. At the moment there is only 2017-2018 information about the RMC, no actual data. The mining activity also precisely matched the increase in the bitcoin rate. However, the market economic basics say that with the increase of supply, the price shall rise. In the case of RMC, the Russian market consumed all surplus of the mind cryptocurrency.So matching all these events were supposed that RMC's mining did not have the initial business purposes, but was used as a source of money to sponsor Titov, and impair the results of presidential elections in 2018, among other using the Navalny and FBK activity.Boris Titov, among his involvement in RMC activity, made an input into Sunrise case, when disregards of prohibition to use detention for entrepreneurs, Bobylev got the 9 years of sentencing, previously spending more than 1 year in the pre-trial detention. The input of Titov to the Sunrise case was the 9 years of sentencing to Bobylev. Combining that with the patronage of Titov and partiya Rosta over the illegal mining, and using of this fund without confirmation of origin for the elections, together with the previously funded terroristic attacks in politically unstable cities - the terroristic act in the Zimnyaya Vishnya shopping center committed after the elections which results did not satisfy the "older comrades" - deliver us the pair cases for Perm, Kazan, FBK activity, and several other loud criminal proceedings. Later Titov continued his activity to return important witnesses to Russia with his "List of Titov", when instead of justification, those who came back faced the imprisonment.At the moment BOOST together with Raevskaya-Repnina had claims against Bobylev with regards to the Smart Heat fraud, to the whole RMC team including Multiclet, Bolbylevs Sergey and Oxana, Marinichev, Radius Group, The Institute of Buddism, and the Partia Rosta for the equipment stolen from the Smart Heat and the copyright violation. Another batch of claims is addressed to the trinity of Oleg Yakovlev, Oleg Martynov, and Oxana Bobyleva with their participation in Raevskaya-Repnina's illegal prosecution and the BOOST's seizure that can be motivated by many reasons.All these claims together give the BOOST rights to claim among other assets the defendants the 100% of Smart Heat business, 100% of RMC business and claim their successors as well. That means that the BOOST claims also the rights of Oleg Martynov's assets including his 25% stake in Rossiyskiy capital bank, his equity in Solo-I, Kosta Klassik, and Priladozhie, and related claims against Tinkoff Bank, Alfa-Bank, VTB Bank, Rebguns, Bashmakov, Frolov, and the other related parties. The share in SOLO-I was transferred to the Folembray company, similar to the Bananamama, controlled by the Trident Trust. Folembrey company is included in the Tinkoff Bank and Alfa-Bank groups. #hermitagecapital #error404 #smartheat #умноетепло #boost #boostcmg

Cardano CEO Shares Message On What Could Be The Cause of Terra’s Downfall

Cardano creator Charles Hoskinson recently shared a message as reported by Coinquora that alleges the cause of the price crash of Terra (LUNA) and stablecoin UST.

The Luna crash has also affected the market as it has generally been a bad week for Bitcoins and Altcoins like Solana, FTM, Bobcoin, Polkadot, etc.

According to a message sent to Hoskinson by a person named Anna, the event is a well-executed technique that capitalized on Terraform Labs CEO Do Kwon’s alleged naivety and Anchor being an alleged Ponzi scheme.

The scheme involved crypto investment management firms Blackrock and Citadel, whom the person Anna claimed to have borrowed 100,000 bitcoins from Gemini. After receiving the said amount, these companies were claimed to have converted 25,000 bitcoins into UST. They then contacted Do Kwon to sell their bitcoins at a discount which they did and dumped all the UST received and this led to low liquidity in the token.

On the other hand, Do Kwon finally spoke up about the details of the rumored recovery plan for TerraUSD’s (UST) de-pegging. In a series of tweets, he proposed to increase “basepool'' from 50M to 100M SDR and decrease

``PoolRecoveryBlock” from 36 to 18. Consequently, this move will raise the minting capacity from $293M to “$1200M”. Alongside this proposal, Kwon also shared his thoughts on the possible cause of the de-pegging. He said that the stablecoin’s price stabilization mechanism is absorbing 10% of UST’s total supply and that the cost of absorbing huge amounts of stablecoins simultaneously “stretched out the on-chain swap spread to 40%.”

auto liquidations

I saw someone on Twitter complaining Celsius had auto liquidated them while they were sleeping. They seemed to be under the impression Celsius would give them 24 hours notice. I want to confirm for my own comfort this isn't the case. It would appear not in the case of this particular user, but what is the actual Celsius policy.

Lets say someone takes a $50K loan and put down $100K worth of Bitcoin as collateral. Bitcoin suddenly crashes 60% in an hour due to a black swan event. Does Celsius liquidate before the value of the Bitcoin drops below $50K, even if it means the borrower doesn't have a chance to top up their collateral, or pay off the loan?