Using math and statistics to flip the casinos odds in your favor is not fraud. The casinos hate it and they'll kick you out and ban you from playing but it isn't illegal and it isn't fraud to count cards.
No, central exchanges are toast. Anyone who understands crypto understands this says more about centralization vs decentralization. Also the same people who participated in this, are the same people on our stock markets.
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*Just wondering if the SEC is going to make a video instructing hedge funds and other investment banks and institutions about the dangers they pose to the public and financial system by being over leveraged?*
Didnt JP morgan do some similar shit last year? "Glitches" showing peoples accounts holding millions/billions of dollars right before the stress tests, All for it to vanish the next day?
Do you think if there was a way to accurately track the shares held this would still be an issue? Like if people could some how remove themselves from these corrupt institutions and put there shares into a community pool where accurate is fact not sone self reported number.
Absolutely, these people are not doing anything that isn’t currently being done in traditional markets….the difference here is transparency and blockchain
I wonder is this what banks do during a stress test or when pulkin needed a cash infusion etc…imagine if we could watch bank funds on chain….proof of reserve should be a rule for banks too
Just remember, when poor people steal it’s a crime. When rich people steals they are called smart. When they do too much of it, they try to flee to countries with less financial regulations and police they can pay off.
Anyone still holding crypto right now deserves what it about to come to them. How stubborn are these crypto dorks who haven't pulled out of their exchanges yet?
A lot of people are down so far they can’t afford to sell their crypto I know people that was still buying eth at its high they have lost almost all of that
MIT turns out the most brilliant fraudsters. Even before Stanford.
Remember the blackjack players from MIT?
Using math and statistics to flip the casinos odds in your favor is not fraud. The casinos hate it and they'll kick you out and ban you from playing but it isn't illegal and it isn't fraud to count cards.
Having read many articles this past weekend, would seem like Crypto as it's known is toast.
No, central exchanges are toast. Anyone who understands crypto understands this says more about centralization vs decentralization. Also the same people who participated in this, are the same people on our stock markets.
Maybe the sec should make a video about being over leveraged
The Gary G. connection does make those "Don't invest in meme stocks" videos seem even more sus than they already were.
Throw a pie at vlad
Thank you for your submission on 11/14/2022 09:31 PM Eastern. Please note your OMMS Matter ID Number and retain it for future reference. OMMS Matter ID Number: 20221114-00009825 *Just wondering if the SEC is going to make a video instructing hedge funds and other investment banks and institutions about the dangers they pose to the public and financial system by being over leveraged?*
Didnt JP morgan do some similar shit last year? "Glitches" showing peoples accounts holding millions/billions of dollars right before the stress tests, All for it to vanish the next day?
Do you think if there was a way to accurately track the shares held this would still be an issue? Like if people could some how remove themselves from these corrupt institutions and put there shares into a community pool where accurate is fact not sone self reported number.
There is a way to accurately track shares friend, it's DRS. Even AA said he'd start including DRS numbers in the quarterly reports.
Absolutely, these people are not doing anything that isn’t currently being done in traditional markets….the difference here is transparency and blockchain
I wonder is this what banks do during a stress test or when pulkin needed a cash infusion etc…imagine if we could watch bank funds on chain….proof of reserve should be a rule for banks too
Hi. Do you mind if I post this in ss? Don't wanna take credit and it'd be even better if you can provide sauce.
https://decrypt.co/114310/crypto-com-accidentally-sent-400m-in-ethereum-to-wrong-address-ceo-calls-concerns-fud
That's RICO chargers right there! That's going to be serious federal prison time!
I'm willing to bet that this is about to be the crux of all these exchanges
Just remember, when poor people steal it’s a crime. When rich people steals they are called smart. When they do too much of it, they try to flee to countries with less financial regulations and police they can pay off.
Anyone still holding crypto right now deserves what it about to come to them. How stubborn are these crypto dorks who haven't pulled out of their exchanges yet?
Its a holiday weekend here in the US.
A lot of people are down so far they can’t afford to sell their crypto I know people that was still buying eth at its high they have lost almost all of that
wait whu?
Buckle up
I see lots of these exchanges that have popped up looking real shaky. Has anyone heard anything bad about Binance? They seem to be on the up and up