A public scrapbook of opinions on macroeconomics, market crimes, and their regulators' corruption. See Highlights tab for my court case reports and opinions.

Joined August 2022
326 Photos and videos
Yes I absolutely do believe that common stock shareholders will ultimately be given distributions as allowed in the confirmed Plan. "The other discretionary provisions in the Plan, including the Plan Supplement, are appropriate and consistent with... provisions for the allowance of certain Claims and Interests..." That's from docket 2172, page 25. And the situation hasn't been that RC could have done everything all this time and simply hasn't. He did the winning move 3 years ago, but he had to wait 3 years, as @jake2b explains due to bankruptcy code surrounding retaining NOL's as an acquirer with what was a non-consenting (in this case corrupt) Board. Watch Jake's video here (x.com/jake2b/status/20622390…), he traces back the conversion of the Acquirer from Series A Preferred shares to COMMON STOCK shareholder (like us!). The big sudden change in total ownership percentage in 2023 as he went through that process via HBC is what required the 3-year waiting period, TO RETAIN the $Billions in NOL's. The fact that the Holder of Interests became a holder of Common Stock (like us) is what guarantees that what he gets, we will get a piece of too!

Jun 3
part 7: I would like to share compelling points relating to the HBC equity raise and its use to secure the position of the Holder of Interests, which forced participation in the $BBBYQ third-party release. I hope you like it. $BBBY (old).
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Spurious🦋Spelunker retweeted
Teddy’s final hour of sleep is upon us, his eyes slowly opening to the few who share his hidden room where its majestic proportions remain obfuscated behind a maze of legalese and tinfoil. And when he wakes, even the legends who whisper his name today will stand in awe at the giant they’ve awake tomorrow.
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Replying to @Giftsonglass
Exactly! 👍 Now imagine being the issuer reading this and thinking, “Fantastic. They actually caught them red-handed. Splendid work, everyone” Meanwhile, FINRA’s Ombuds, Ms Sarah Gill (a very polite person), spent weeks giving us the full “I’m afraid I can’t comment on that” routine regarding this mysterious “extraordinary event” that triggered the #MMTLP U3. Not a hint, not a breadcrumb… just the comforting reassurance that she definitely could not discuss anything related to ongoing investigations. And then, of course, the subtle masterpiece: her hint in early Jan 2023, that the focus was on FINRA members, not $MMAT/ the issuer. As if to say, “Yes, we know exactly who set the fire, but do forgive us, we’re not allowed to point at the arsonists just yet” The FAQs that followed were completely underwhelming and contradictory… and here we are. FAQ FINRA 👻. With the utmost respect, you do not deserve to run an SRO… and the market figured that out long before I ever said it. At this point, you can barely run a FAQ page (you had to produce two 😂 )
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The End of GMERICA That's right, X has ended this community [GMERICA] And with it... all of the posts I made will fade probably.. Including this receipt that I found about $IEP hiring $BBBYQ Gustavo Arnal CFO - the same guy who jumped out of a jenga building The same jenga building pictured in Teddy.com books The same jenga blocks reference of BBB bonds in 2008 One day, we'll find out why Carl Icahn's law firm Proskauer was communicating with $BBBY and $GME Ryan Cohen before the August 2022 main event Hopefully, this day which I will call Volmageddon (a volcanic lair) comes soon 🌋 Maybe Brett will make a cameo too Beyond, teddymegacorp.com p.s. that's Seth
The Plan $GME $BBBY It is Beyond perfection. Here is a list of reasons why: 🎯 The Leveraged-Buyout (LBO) A recent Toy Story tweet from Roaring Kitty featured Andy and was a throwback to a movie scene at the 17:45 mark (reference to Q Donald Trump), where Rex mentions an LBO: "I'm actually from a smaller company that was purchased in a leveraged buyout." This is a signal to $IEP Carl Icahn's signature takeover move by using a debt-for-equity swap involving an LBO. $BBBY court dockets, SEC receipts, and a paper trail revealed that Icahn was the stalking horse bidder for buybuyBABY #BBBY In the past, Donald Trump has stated that he would leave things to his friend Carl Icahn to ensure things would get done: ⚡️x.com/edwinbarnesc/status/18… Icahn has responded favorably to Trump: ⚡️ x.com/edwinbarnesc/status/18… 🎯 General Icahn, a 1776 Moment When George Washington crossed the Delaware in 1776, it was symbolic of resistance against tyrannical governments and stood for American freedom #MAGA Next, @pulte retweets my cover photo of Carl Icahn as George Washington and @cb_doge retweets Elon's bed side table featuring Washington: The image above is significant for several reasons: (1) General Washington crosses Delaware in 1776 (2) signal to $BBBY Trust held in Wilmington, Delaware (3) GameShire Bathaway - part 9 & Units DD: 🎯x.com/edwinbarnesc/status/18… 🎯 Jenga Tower and "BBB" Units Consider these things for just a moment: Do you recall the Jenga Tower featured in the Teddy.com books? And what is the name of the building in New York where $BBBY CFO Gustavo Arnal supposedly died? Now, would you even believe that a single block 1x1 Unit may actually connect perfectly to a scene referenced from the movie: The Big Short and the Jenga Tower that comes crashing down? There Are No Coincidences: And here's the multi-layered kicker: $BBBY court dockets and Chairman of BEYOND Marcus Lemonis has referred to Bed, Bath & Beyond as "BBB" 🎯x.com/marcuslemonis/status/1… Kim Clement received prophetic words from God to tell people to look for and invest into "BBB" 🎯x.com/edwinbarnesc/status/18… And the Jenga Tower in The Big Short has marked block units as toxic real estate CDO's from 2008 as "BBB" The levels to this play is mind-boggling. Tldr: This is 69D God-Mode chess with a Divine Royal Flush "Why would you sell?" -DFV #GMERICA 🇺🇸 #MAGA #TRUMP2024
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Spurious🦋Spelunker retweeted
“56% of every stock purchase made by Congress in the last 16 months was on a stock directly affected by a bill the buyer later voted on. That is 6,170 out of 11,016 total purchases…” @Ric_RTP @GovGreed
This AI just exposed the BIGGEST legal insider trading operation in America. A platform called GovGreed built a seven-layer machine learning system that cross-references every stock trade disclosed by every sitting politician against the bills their committees control, the campaign donations they receive, and the companies their votes directly impact. It scored all 540 politicians currently in Congress. And the numbers are crazy: 56% of every stock purchase made by Congress in the last 16 months was on a stock directly affected by a bill the buyer later voted on. That is 6,170 out of 11,016 total purchases. More than HALF of all congressional stock buys are on companies whose fate that same politician is about to decide. 343 of 540 Congress members actively trade stocks while holding access to nonpublic legislative information. That is 63.8% of the entire legislature making market bets with an informational edge that would put any hedge fund manager in prison. The AI identified 752 active "Triple Signals" in the current Congress. A Triple Signal fires when three conditions line up at once: The politician sits on the committee controlling a bill, they traded stock in a company affected by that bill, AND they received campaign contributions from that same industry. Bills carrying these insider indicators pass at 5.4 TIMES the normal rate. Now look at the individual leaderboard: - Nancy Pelosi's estimated portfolio sits at $194 million with a Greediness score of 98.1 out of 100 - Ro Khanna made 13,231 trades across 800 different tickers - Michael McCaul made 32,302 trades and filed 6,670 of them late - Thomas Suozzi filed 86.4% of his trades late with an average delay of 396 days, meaning his disclosures landed over a YEAR after he made the trade And then there is Lisa McClain, the fourth-ranking Republican in the House. She has made 1,443 trades in three years, more than 98% of all politicians tracked. She violated the STOCK Act twice in a single year, disclosing up to $900,000 in trades months after the legal deadline. Her husband bought up to $250,000 in Elon Musk's xAI, which quietly converted into SpaceX equity before last Friday's $2 trillion IPO. The penalty for all of this? A $200 fine. The number of Congress members ever prosecuted under the STOCK Act since it passed in 2012? Zero. And the cruelest part is this: A bill to ban congressional stock trading was introduced in January 2026. It has bipartisan support. Over 80% of American voters want it passed. But Congress is sitting on it, because the people who would have to vote yes are the same people making millions from the system staying exactly the way it is. They write the insider trading laws, they exempt themselves from enforcement, they trade on the information those laws generate, and when they get caught, they pay a fine that is basically nothing. The AI didn't discover anything Congress was hiding. It just organized what was already public into a pattern so obvious that nobody can pretend it isn't there anymore.
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Spurious🦋Spelunker retweeted
It's amazing how candidly the head of Interactive Brokers explains how $GME was likely heading to the $1,000 range before the brokers were allowed to intervene in order to protect themselves. @IBKR suggested daily short interest reporting back in 2021 but the regulators didn't listen. Then before @FINRA U3 halted MMTLP, Interactive Brokers (among others) again noticed that short sellers were in trouble... More than 3 years later the regulators including the DTCC are afraid to comply to simple data requests. @TheJusticeDept
📣📣WE WERE FRIGHTENING CLOSE TO THE SYSTEM BREAKING Thomas Peterffy Interactive Brokers describes January 28th, 2021, as a frightening close domino bankruptcy event that would have broken the system. Peterffy said he would like to know why the SEC didn't act on the morning of January 28th. I would like to know why the SEC has not acted since January 28th to protect shareholders from the out of control market manipulation that is blatantly happening every day❓️ Peterffy said 1: Short positions should be posted every day instead of twice a month. 2: Brokers would need to charge an additional 1% margin for every 1% of short interest. He says that would make margins so high that would stop them from shorting stocks. This is from 2021. We are now in 2026, and nothing has changed to protect companies and their shareholders from predatory short selling. The data is also highly manipulated. They mismark shorts as long and illegal naked short sell every day. The CAT consolidated audit trail was supposed to track all of this. But Citadel has attacked it since it was implemented that the CAT has basically been neutered. When they do use the CAT, the fines are so small that they act as an incentive. PAUL ATKINS WHEN DOES THE NEW DAY AT THE SEC START❓️❓️
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Spurious🦋Spelunker retweeted
📣📣DTCC IS TRYING TO RUN OUT THE CLOCK ⏰️ MMAT MMTLP Bankruptcy subpoenaed the DTCC over a year ago. They still have not fully complied with the records that were requested in the subpoena. The Trustee has contacted them many times. Now, a hearing is set for tomorrow, June 16th, 2026, at 9.30 am. Let's see what the Judge has to say about their noncompliance. If you have nothing to hide, supplying the records shouldn't be a problem. DTCC IS HIDING THE CRIME‼️
Jun 14
🚨MMAT / MMTLP / TRCH 📄 DTCC Delay Timeline - a closer 👀 ⚖️June 16, 2026 - Hearing Before Judge Gary Spraker ⚠️Not Legal Advice The Trustee’s June 11 filing paints a clear picture: DTCC has been delaying production for more than a year while statute-of-limitations deadlines continue to approach. ⏰ 📅 Key Timeline 🔵March 2025 Trustee serves Rule 2004 subpoena on DTCC. Production due April 8, 2025. ⬅️⬅️⬅️ 🔵March 26, 2025 DTCC acknowledges subpoena. Requests extension and protective order. 🔵April 7, 2025 Trustee grants DTCC a two-week extension. 🔵June 16, 2025 DTCC states it can provide: •Participant Daily Activity Statements •CNS Reports •UTC Reports (including Correspondent Clearing Data) for approximately $25,200. 💵 ⸻ 🚩 October 2025 – Frustration Boils Over 🔥 🔵October 21, 2025 Trustee counsel David Burnett warns: “If we don’t hear from you this week we plan to file a motion to compel.” 🔥 Later the same day, Burnett responds to DTCC: “You are the one that has not responded to our questions for four months or given edits or comments on the protective order for five months.” 💥 DTCC responds that production would occur only under an: “appropriately scoped Rule 2004 subpoena” and continues to reserve objections. ⸻ 🔵November 4, 2025 Burnett follows up again: “Please provide us the courtesy of a substantive, timely, and constructive response.” and warns: “If you continue to delay we will enforce our rights with the court.” ⸻ 📅 March 26, 2026 DTCC finally makes a partial production. However, Trustee says the critical transaction-level Correspondent Clearing Data was missing. ⁉️ ⸻ 📅 April–May 2026 🔵April 24 Trustee requests missing Correspondent Clearing Data. 🔵May 5 Another follow-up. Still unresolved. 🔵May 12 🚨Burnett warns: “Because of the time-sensitivity on our end and this dragged-out process, the Trustee is prepared to move to compel.” 🔵May 21 DTCC responds: IT team is still working on the report and having difficulty with aged data. 🔵May 26 Burnett replies: “We would like to get the additional data as soon as possible given time-sensitivities on our end.” ⏰ ⸻ 🔥 Key Statements From Burnett’s Declaration 📆Over One Year of Delay “I have been corresponding with DTCC’s in-house counsel… for over a year.” ➡️More Than 40 Emails “I have sent more than 40 emails to Ms. Bandler since spring 2025.” ➡️Weeks Between Responses “Ms. Bandler did not respond to some of my emails, and in some cases she did not respond for weeks.” 🌶️ ➡️Statute Concerns “Statute of limitations deadlines make DTCC’s immediate production of the remaining discovery very time-sensitive.” ⸻ ⚖️ What To POSSIBLY Expect Tuesday ⚠️NLA Judge Spraker will likely focus on: What specific data remains missing? Can DTCC actually produce it? How long will production take? How do the statute-of-limitations deadlines impact the estate? The Trustee’s filing appears designed to show: ✅ Subpoena issued March 2025 ✅ Extension granted ✅ Protective order negotiations ✅ 40 emails ✅ Partial production only ✅ Missing Correspondent Clearing Data ✅ Statute concerns repeatedly raised If DTCC arrives without a firm production timetable, Spraker may push for specific deadlines, status reporting, or a path toward a motion to compel. The filing strongly suggests the Trustee is documenting a year-long pattern of delay and connecting it directly to potential claim deadlines. ⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰⏰
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Spurious🦋Spelunker retweeted
The Hidden Catalyst: The Debt Buyback Thesis While most people are focused on the potential GME $2 billion share buyback (and potential eBay acquisition), there may be a more strategic move flying under the radar that few are looking at: The possibility of GameStop buying back and retiring its 0% convertible notes. Buying back and retiring even a fraction of these notes could serve as a major catalyst for upside price movement. Here's why: 1. Unwinds the Arb Short Trade Hedge funds in the arbitrage short trade bought the convertible notes and shorted GME shares at the same time to hedge their risk. If GameStop retires the notes, those funds are forced to buy GME on the open market to close out their short positions. 2. Kills Dynamic Hedging Because the funds want to remain market neutral, they constantly adjust their short position based on the stock's price. As GameStop's stock price goes up, the bond behaves more like equity, and to keep their hedge perfectly balanced, the arbitrage funds are forced to short more shares on the open market. This creates an automated wall of short selling that steps in to choke off upward momentum whenever the stock starts to run. Retiring the debt removes this selling pressure. 3. Destroys the Future "Dilution Trapdoor" The current outstanding notes can convert into tens of millions of new shares in the future as the stock price rises above conversion price, creating an artificial ceiling on the stock through dilution. Retiring the debt permanently destroys this "dilution trapdoor". It's economically similar to a targeted anti-dilution move. 4. No Daily Volume Limits or Authorized Caps Stock buybacks are limited by the board's authorization ($2B here) and practical factors (liquidity, 10b-18 rules, etc.). A company can retire debt much faster than it could execute an equivalent open-market stock buyback. 5. Strengthens the Stock for M&A When pursuing a massive acquisition like eBay, a company's stock is its most potent currency. As mentioned above, retiring the convertible debt forces the hedge funds engaged in convertible arbitrage to unwind their short positions. This forced buying would likely drive GameStop's stock price higher. A higher stock price makes any equity-based portion of an eBay buyout much cheaper and less dilutive for GameStop. 6. Provides Strategic Flexibility During Takeover Regulation M and safe harbor rules restrict share repurchases during a formal "distribution" (like mailing official merger or tender offer materials), which has not occurred yet with the rejected, non-binding eBay proposal. But even if a formal deal later triggers these regulations, debt retirement remains permitted, while share buybacks become heavily restricted and require rigorous compliance to avoid market manipulation claims. A Hypothetical Scenario GameStop currently has over $4.16 billion in total outstanding convertible debt. For a clean example, let's look at what happens if they retire just $1 billion of it. GameStop's notes convert at roughly 34 shares per $1,000 note, meaning $1 billion in debt represents about 34 million underlying shares. Because arbitrage funds typically hedge at a ~60% "delta," they are currently short roughly 20 million shares just to hedge that $1 billion tranche. If GameStop buys back that $1 billion in debt, the arbitrage funds suddenly have to unwind their hedge. They are immediately forced to buy back those 20 million shares. This could (emphasis on "could") trigger a gamma squeeze, pushing the stock price up significantly in short period of time. By removing this debt, GameStop not only removes the active short-hedging that suppresses upward momentum, but it also clears the runway for the company to deploy its newly approved $2 billion share repurchase program into a more illiquid market. TLDR: Retiring convertible debt triggers buying pressure from funds (unwinding their hedges), eliminates the dilution "trapdoor", and clears the runway for upside price movement when the share buybacks hit. Disclaimer: GameStop may never end up retiring any convertible debt and I might be overlooking some market/legal nuances. BUT if I’m understanding the mechanics correctly, this is a powerhouse of a tool sitting in their arsenal. Don’t listen to me though, I just had crayons for breakfast. $GME
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Spurious🦋Spelunker retweeted
Spinning off Starlink is actually compelling. They are in a high-growth phase, and going public allows them to raise capital they need in the next 1-3 years Gen 3 constellation Terminal upgrades Regulatory \ Country expansion
Replying to @alpha5tate
$BBBY selling Starlink Marcus left out the "we" ;)
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Spurious🦋Spelunker retweeted
$BBBY selling Starlink Marcus left out the "we" ;)
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Last night I listened to the Senate committee hearing for Homeland Security and Governmental Affairs from 05/13/26 with a whistleblower from the CIA (James E. Erdman III) who testified that the CIA and NIC (National Intelligence Council) continuously covered up any and all evidence and testimonies that COVID came from ANY biolab, claiming it was naturally-originated, despite extensive evidence to the contrary that THEY had and knew of (believed in). I'd read about this hearing but haven't had time to listen to the whole thing until now. I noticed no Democrat senators were present to question the witness at all. I've heard several people I know recently deny that such a hearing even happened, that no whistleblower recently came out claiming anything. It's one thing for there to be spin on a topic, I expect that. I'm asking this genuinely, because I don't go out of my way to watch/read news from mainstream outlets: has the mainstream media largely ignored/not acknowledged that this specific hearing on 05/13/26 even actually happened?? Or have they just been downplaying the significance of the testimony, or questioning the veracity of it altogether?
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Spurious🦋Spelunker retweeted
So the signing of the peace deal is also the same day that @pulte becomes acting DNI?
Full details of the deal were not immediately available. The signing will be Friday in Switzerland. It is not clear how quickly the strait might reopen to all traffic. toledoblade.com/news/World/2…
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Spurious🦋Spelunker retweeted
Time to get that volcano lair I’ve always wanted. I think it’s in the “Beyond” section of BB&B.
15 Apr 2015
If this works, I'm treating myself to a volcano lair. It's time.
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Spurious🦋Spelunker retweeted
This is not a meme coin. These charts are crude oil futures. Crashing through the center of the earth with terminal velocity. Crude futures are now at $74 a barrel. At $65 a barrel gas was $2 a gallon average nationwide. We’re a few dollars away from pre-war gas prices ⛽️ 🔥
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Spurious🦋Spelunker retweeted
🚨 JUST IN: Vice President JD VANCE announces the agreed-to Trump-Iran peace deal 1. BLOCKS Iran from ever pursuing, procuring or obtaining a nuclear weapon 2. IMMEDIATELY opens the Strait of Hormuz 3. Lifts the US naval blockade 4. Opens up HUGE investments for the region TRUMP IS A LEGEND!
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“Hardly any of this makes the national news and one wonders if the public mind has any awareness at all.” Yeah. Can confirm, I could tell people this and they would call me a conspiracy theorist, even as the DNI is publishing this in real-time.
The revelations six years later are pouring out so quickly that it is impossible to keep up much less mentally process all this: * The Director of National Intelligence has documented 120 US-funded/owned biolabs in 30 countries many of which are manufacturing and manipulating infectious diseases. * Senator Rand Paul's committee has released the receipts concerning US funding/backing of the manufactured SARS-CoV-2 virus/vaccine as part of this program. * Senator Johnson has produced definitive evidence that US public health agencies knew of the grave dangers of the shot to everyone but said nothing. * Many officials are privately admitting/proving that the whole point of lockdowns was to preserve population immunity for the shot and block other avenues toward wellness. * Hardly any of this makes the national news and one wonders if the public mind has any awareness at all.
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Spurious🦋Spelunker retweeted
President Trump posted three consecutive messages on Truth Social about Bill Pulte, the Acting Director of National Intelligence (DNI) 🇺🇸, asking “What are they afraid of?”
The swamp is terrified of Bill Pulte 🇺🇸
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Spurious🦋Spelunker retweeted
As the White House hosts a UFC event on June 14, we’re reminded that Theodore Roosevelt brought his own fighting spirit to 1600 Pennsylvania Avenue. Theodore Roosevelt often boxed and wrestled inside the White House, once suffering a permanent eye injury during a sparring match. He carried that same toughness into conservation, as he fought to preserve federal lands for the benefit and use of all Americans.
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Spurious🦋Spelunker retweeted
Trump's Executive Order on USPS & Mail-In Ballots could finally end rigged elections in California & beyond, regulating mail-in voting at the federal level. The EO puts states on the hook to accompany a list of the eligible voters that are going to vote federally and who they're going to provide mail-in ballots to and also adds a unique intelligent mail barcode for tracking. Trump's March 31, 2026 EO directs the Postmaster General to start proposed rulemaking within 60 days to create uniform national standards for mail-in and absentee ballots. Ballot envelope must be marked "Official Election Mail" with USPS-approved logo/markings. Must be automation-compatible with a unique Intelligent Mail barcode for tracking. Must pass USPS envelope design review for compliance. States must notify USPS at least 90 days before a federal election if they plan to use mail-in/absentee ballots via USPS. States must submit a list of eligible voters at least 60 days before the election. USPS shall not transmit mail-in or absentee ballots to anyone not on a State-specific list. USPS must create and maintain a "Mail-In and Absentee Participation List" for each state. Providing states with lists of enrolled individuals with unique barcode identifiers. All processes must comply with the Privacy Act. Final rule must be issued no later than 120 days from the EO date. This is a HUGE win for election integrity. @JovanHPulitzer
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Spurious🦋Spelunker retweeted
🚨 BREAKING 🇯🇵 JAPAN WILL HIKE RATES TO 1.00% TOMORROW AT 11 PM ET, FOR THE FIRST TIME IN 31 YEARS! ODDS ON PREDICTION MARKETS ARE NOW AT 99%. HISTORICALLY, EVERY RATE HIKE IN JAPAN HAS BEEN FOLLOWED BY A 20% DUMP IN $BTC. THIS WOULD BE REALLY BAD FOR MARKETS...
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