mellocj All American 1872 Posts user info edit post |
oh we back? 8/14/2022 10:41:40 PM |
Novicane All American 15413 Posts user info edit post |
$back$ 8/17/2022 7:28:09 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Lost 8% so far today. To the moon (shitter)! 8/19/2022 7:09:10 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Crypto.com mistakenly paid a woman millions. She bought a mansion.
https://www.washingtonpost.com/technology/2022/09/01/crypto-mistake-australia-mansion-millions/ 9/1/2022 1:26:19 PM |
rwoody Save TWW 37501 Posts user info edit post |
One might say that fortune favors the Bold
[Edited on September 1, 2022 at 4:53 PM. Reason : I stole this joke from Twitter] 9/1/2022 4:53:04 PM |
TreeTwista10 minisoldr 148211 Posts user info edit post |
Quote : | "The error occurred when an employee accidentally filled out the payment amount field with an account number, the court said." |
doh9/1/2022 4:53:07 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Same story:
https://www.usatoday.com/story/money/2022/08/31/crypto-com-accidentally-sent-10-5-m-woman-took-7-months-realize/7949982001/
Quote : | "The company sent the money on May 20, 2021 to a bank account belonging to Thevamanogari Manivel after entering her account number into the payment amount field, according to the judgement.
"Instead of refunding $100.00 as intended, $10,474,143.00 was erroneously transferred," the judgement reads." |
And now I know that Thevamanogari Manivel's Crypto.com account number is 10474143!9/1/2022 6:51:46 PM |
TreeTwista10 minisoldr 148211 Posts user info edit post |
I'm wondering if +/- $20k is the equilibrium sweet spot and if there could ever be any kind of semi-stable "currency" element to BTC, or if it will just go back to fluctuating wildly like a stock like it has in the past. It's been in the $18k-$24k range over the last few months. 9/15/2022 3:57:34 PM |
qntmfred retired 40594 Posts user info edit post |
look if we're going to bump crypto threads we at least gotta mention the eth merge
[Edited on September 15, 2022 at 9:56 PM. Reason : next post in this thread will be in 2024 who's HODL] 9/15/2022 9:54:58 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
How was it a bump? This thread was already on top of Tech Talk. TreeTwista10 just made a new post.] 9/16/2022 7:50:11 AM |
synapse play so hard 60929 Posts user info edit post |
[Edited on September 26, 2022 at 6:41 PM. Reason : Peace ]
9/26/2022 6:41:29 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
9/27/2022 6:38:54 AM |
CaelNCSU All American 6883 Posts user info edit post |
Still mining. It's not profitable vs if I'd have just sold for cash @48k when I bought the miners. Haven't sold any generated, but getting about .02 a month for $300. 10/26/2022 3:57:32 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
You're wasting energy for no reason. It's dumber than SETI. 10/27/2022 6:50:30 PM |
CaelNCSU All American 6883 Posts user info edit post |
^ I generally do what ever pisses you off. Just bought another older miner to make sure it wastes even more energy. 11/4/2022 10:25:48 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Apparently. 11/5/2022 9:52:54 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Also, you wasting or losing money on stupid crap doesn't piss me off, it provides me additional confirmation bias. 11/5/2022 11:40:37 AM |
HaLo All American 14235 Posts user info edit post |
RIP FTX 11/8/2022 2:16:01 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
FTT-USD at -73% for one day. Not bad! 11/8/2022 7:51:37 PM |
CaelNCSU All American 6883 Posts user info edit post |
https://twitter.com/zebulgar/status/1590024420667854849 11/8/2022 11:53:43 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
FTX buyout fell through. Oops! 11/10/2022 7:53:11 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
LOL. Bankrupt!
] 11/11/2022 7:26:42 PM |
CaelNCSU All American 6883 Posts user info edit post |
[link]https://web.archive.org/web/20221109230422/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/[/link]
[Edited on November 11, 2022 at 10:41 PM. Reason : A] 11/11/2022 10:38:51 PM |
dmspack oh we back 25392 Posts user info edit post |
https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/
Quote : | "
The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, the people told Reuters.
A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion." |
Quote : | " In text messages to Reuters, Bankman-Fried said he "disagreed with the characterization" of the $10 billion transfer.
"We didn't secretly transfer," he said. "We had confusing internal labeling and misread it," he added, without elaborating.
Asked about the missing funds, Bankman-Fried responded: "???"
FTX and Alameda did not respond to requests for comment." |
Quote : | " In a subsequent examination, FTX legal and finance teams also learned that Bankman-Fried implemented what the two people described as a "backdoor" in FTX's book-keeping system, which was built using bespoke software.
They said the "backdoor" allowed Bankman-Fried to execute commands that could alter the company's financial records without alerting other people, including external auditors. This set-up meant that the movement of the $10 billion in funds to Alameda did not trigger internal compliance or accounting red flags at FTX, they said." |
Lol.
[Edited on November 12, 2022 at 8:25 AM. Reason : A]11/12/2022 8:23:24 AM |
justinh524 Sprots Talk Mod 27737 Posts user info edit post |
Seems perfectly legal and fine 11/12/2022 10:39:00 AM |
dmspack oh we back 25392 Posts user info edit post |
But deregulated currency is better! 11/12/2022 1:30:54 PM |
HaLo All American 14235 Posts user info edit post |
https://www.cnn.com/2022/11/12/business/ftx-hack/index.html
$487M stolen from FTX 11/12/2022 8:26:27 PM |
aaronburro Sup, B 52875 Posts user info edit post |
^^ this ain't got nothing to do with the currency or anything around it. It's just straight up fraud. Should spur some kind of regulation around those exchanges, though. Hard to believe that hasn't happened yet
[Edited on November 12, 2022 at 8:31 PM. Reason : ] 11/12/2022 8:30:24 PM |
dmspack oh we back 25392 Posts user info edit post |
Yes. I should’ve said deregulated finance rather than currency. 11/12/2022 10:22:45 PM |
0EPII1 All American 42535 Posts user info edit post |
Wow, this FTX ad during the Super Bowl predicted it would die
https://twitter.com/allnick/status/1590788378907529216 11/15/2022 12:45:06 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
I want to think that's the only reason Larry David agreed to do the ad.
Oh, and the money he was paid. 11/15/2022 8:39:27 PM |
CaelNCSU All American 6883 Posts user info edit post |
https://mobile.twitter.com/WSBChairman/status/1590799621378691072 11/15/2022 10:11:09 PM |
CaelNCSU All American 6883 Posts user info edit post |
Oops, thought I was sending this https://mobile.twitter.com/WSBChairman/status/1592597633499291648 11/15/2022 10:16:20 PM |
Novicane All American 15413 Posts user info edit post |
https://www.youtube.com/watch?v=6U_fsRgoxgA
and ya'll gave his girl billions? omg. 11/16/2022 5:29:09 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
I gave $0. 11/17/2022 7:36:35 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
From the most recent bankruptcy filing and written by the new FTX CEO of less than a week:
Quote : | "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented." |
LOL]11/19/2022 10:50:16 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Are we tired of winning yet? 11/20/2022 11:17:36 AM |
CaelNCSU All American 6883 Posts user info edit post |
https://twitter.com/AP_ArchPublic/status/1594386225200234496
^ $1000 invested at the start of the thread is still worth $4,000,000.
That said think it's probably going to decent below 2017 levels shortly. Lots of shady shit that probably has tentacles in the non shitcoin side.
[Edited on November 20, 2022 at 9:16 PM. Reason : A] 11/20/2022 9:16:13 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Yeah, I'm talking about the bag holder everyman who got in at the peak, not the pump-and-dump folks who facilitated this Ponzi scheme. 11/21/2022 9:01:40 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Looks like SBF's gonna be going away for a while. . . . To jail.
[/Office Space]] 12/12/2022 8:44:22 PM |
HaLo All American 14235 Posts user info edit post |
Couldn’t happen to a more deserving guy 12/12/2022 9:03:37 PM |
TreeTwista10 minisoldr 148211 Posts user info edit post |
he'll come out looking like Jorge Garcia 12/12/2022 9:54:04 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
I heard he didn't MEAN to commit fraud and that he didn't want any of this to happen. Case closed? 12/13/2022 10:54:17 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
LOL at this guy. FU, SBF! 12/13/2022 8:07:49 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com
https://finance.yahoo.com/news/accounting-firm-mazars-drops-all-crypto-clients-including-binance-and-cryptocom-153807881.html
LOL 12/16/2022 12:42:51 PM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Largest bail in history at $250 million. His colleagues are pleading guilty and cooperating with federal investigators.
Surrender your passport, bitch. 12/22/2022 7:53:07 PM |
bellrabbit All American 2602 Posts user info edit post |
So I guess his parents did his bail and put their house up or something? I read somewhere he said he was down to one credit card and about 100k. How long until he is found dead? 12/23/2022 6:54:57 PM |
TreeTwista10 minisoldr 148211 Posts user info edit post |
you've gotta think he has some secret wallets with shit tons of crypto on them 12/23/2022 11:43:37 PM |
CaelNCSU All American 6883 Posts user info edit post |
^ https://changenow.io/blog/changenow-stands-against-fraudulent-actions-ensures-high-compliance-standards-amid-alameda-wallets-suspicious-activity
https://mobile.twitter.com/AutismCapital/status/1610715189263110145 1/11/2023 6:08:21 AM |
The Coz Tempus Fugitive 25642 Posts user info edit post |
Crypto lender Genesis files for bankruptcy
https://www.bbc.co.uk/news/technology-64343377
LOLOLOL! 1/20/2023 7:33:51 PM |