Joined November 2021
254 Photos and videos
The recent HTX sanctions were absolutely devastating for the exchange. There's ~5mil $ USDT left on the exchange, lol. I guess Justin Sun got to sell some TRX now to fulfill withdrawals or soon come up with some bullshit why people cant withdraw their money🙃
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If Tether's Q1 profit is 1.03Bil. $ and excess reserves went from 6.3Bil. $ to 8.2Bil. $ then this theoretically means tether topped up its excess reserves with ~1Bil. $ from outside (for the first time?!). lets see how long they can do that 🙃
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calculated the theoretical profit/loss of the tether reserves quarter over quarter with the last attest data and current bitcoin & gold prices and it's not looking good this quarter🙃
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Calc is basically latest gold/btc amount * gold/btc price chart. Other assets value are measured as unchanged since last attest. I excludes their public equity, which also is btc / gold related, so its even worse.
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this is only an estimation and does not take other assets value or amount changes in between attests in consideration, so take it with a grain of salt.
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HTX, which actively advises users to use a vpn to access its platform and circumvent banns is also not adhering to sanctions...im shocked! x.com/NoCryptFish/status/176…

16 Mar 2024
Moderators of the HTX telegram channel just straight giving advice on how to circumvent india's ban of HTX.
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Symbio retweeted
I don’t think it’s an exaggeration to call this the greatest piece of prediction market content created to date.
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Tether's sister company Bitfinex is still not complying to EU regulations in 04/2026 and people trust these people with 190.000.000.000$ ?!🤡 not MiCa compliant: ❌Bitfinex ❌HTX MiCa compliant: ✅Binance ✅Coinbase ✅Kraken ✅Bybit ✅OKX ✅Gate. io ✅Crypto. com @Protos
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“It’s a multi-level marketing scheme.” Getting to know the boom and bust world of crypto with @ben_mckenzie, whose new doc “Everyone Is Lying To You For Money” explores the harsh truths of the industry. New pod out now! #theweeklyshow #jonstewart #politics
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Symbio retweeted
Trump's family Bitcoin mining company "American Bitcoin" is down 94% from its peak. If you invested $10K in $ABTC 7 months ago, it's worth just $600 now. Enjoy!
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with btc and gold down bad this quarter tether's next attest will look extremely bad. it will be the biggest excess reserve decline in its history, by my estimates/calc's & current gold prices they are now at ~3.5B. $, down from 6.3B. $ 🙃
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tether's official numbers (i doubt we can even trust these) look as concerning as never before and yet i feel like tether "bankruptcy awareness" in crypto is at a low. ...and that's crazy.
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if gold keeps crashing like this we might be days away from a tether insolvency🙃
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So if we are 6% off of all time highs the Gov needs to intervene in the market? Beyond insane
BOFA: STOCK MARKET NEAR LEVEL THAT COULD SPUR POLICY ACTION Michael Hartnett warned that if the S&P 500 drops further—around 6,600, just 1% below recent levels—it could trigger a policy response from the White House or the Federal Reserve. Hartnett cited soaring oil prices, a protracted Iran war, and global instability as catalysts. He also flagged overbought assets like gold, semiconductors, and European stocks, while oversold sectors such as software, bank loans, and bitcoin may stabilize once policymakers act. Potential interventions could include easing tariffs, de-escalating the conflict, or Fed stimulus measures like rate cuts or bond purchases.
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Symbio retweeted
Bitfinex/Tether are still not complying to EU's Crypto regulations in 2026 by allowing EU residents to still trade Tether and other restricted coins on Bitfinex.🚩 x.com/NoCryptFish/status/200…

27 Dec 2025
to my knowledge bitfinex hasn't banned any EU users from trading tether on their platform yet, unlike any other big "reputable" exchange. criminals doing criminal things, im shocked. bitfinex/tether doesn't give a fuck about (EU) rules. @Protos @Bitfinexed
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Symbio retweeted
Mar 5

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so much alternative revenue streams beside trading fee's...so much indeed that they cant list a single one. like how is bitfinex supposed to make a profit without trading fee's?🙃 in hindsight this will be seen as a big red flag...
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why would any whale long btc on bitfinex with currently 17% interest when they can spare hundred of millions usd on interest on another exchange? maybe it is because other exchanges don't allow LEO, a token with 0 liquidity & utility and 8 Bil. mcap as collateral🙃 @Protos
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leo is bitfinex exchange token, used to get fee rebates. bitfinex introduced 0% fee's in dec '25 and now leo has no utility. you might think that leo went down alot because of that & the general down turn in crypto? wrong! here's the chart, prices near ath's:
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the only logical explanation for these 2 occurrences to me is that bitfinex uses Leo as collateral and prop up its price to long bitcoin with it. The FTX/FTT playbook basically.🙃
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