Dear subscribers,
I had promised that my next article (which, by the way, is about Binance, the crypto exchange) would be published today. However, I find that I am having unusually complex issues in reconciling the statements of the people I have interviewed. It’s going to take me another day or so to write my article. Please bear with me as my analysis evolves. Because the numbers involved are so staggering high, and since the issues involved permeate the entire crypto industry, I think you will find it of great interest. I have already found that comparing Binance’s alleged procedures for clearing and settling trades with those of conventional exchanges’ methods is unsettling at the very least. As for FTX, it’s impossible for me to argue with the damning statements of the new CEO, who was brought in to figure out what happened there, and to try and work out how to deal with all the failed exchange’s claimants.
Sincerely,
John Dizard
Tether is a money laundering scheme for Binance/crypto and the Colombian cartels that originally funded it. Not too much to see behind the curtain. -Signed, a Colombian.
The FT had acouple of columns on the crypto crash. There are a few buildings and properties in the Bahamas that are now available. I brag to anyone about your abilities to clear the air ....stay sharp and get some secretarial help, Vernon