Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Just sharing
Personally I dont trust this satochi returns thingy.. I think the banksters are going to try
an fool people into giving up their bitcoins.. with some gimmick.
Realized it probably is an April fools prank
Podcast series about Bankman-Fried ...
www.podparadise.com
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Céline Dion is having a moment. It’s not her first, and millions of fans are hoping it won’t be her last. While Céline’s international stardom seems obvious now, it was all so unlikely.Now, as a rare…
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Pardon my ignorance. However, how many of you gave your social security information to moonpay.com for payment of a product with crypto currency?
I am trying to extend my drop.download account. Previously, I was able to pay with a credit card. Now, if I try to use a credit card, drop.download routes me to a site called ShopKey.net. After I provide some basic information on this site, they transfer me to moonpay.com to finalize payment. MoonPay is asking for my social security information.
Is this legit?
I am trying to extend my drop.download account. Previously, I was able to pay with a credit card. Now, if I try to use a credit card, drop.download routes me to a site called ShopKey.net. After I provide some basic information on this site, they transfer me to moonpay.com to finalize payment. MoonPay is asking for my social security information.
Is this legit?
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I don't know if you still can use prepaid cards like amscot but I never use moonpay and never had to give them my ssn but also have you tried using a ein number if they let you
Shit says March 31st last year
I've tried all of the options to pay for an extension to my current drop.download account. However, all of the options require the last 4 digits of my social security number. I'm not willing to provide that to any of these companies.
use paypal to buy eth or bitcoin linked to your bank account preferably ally bank wait 6-7 days to clear then send the eth from paypal to your hot/cold wallet. You can use change now or Changelly to swap Eth to any crypto you might want.
These rich people are all the same tell the common man what not to so they can do the opposite all them rich fcks like Cramer mad money, own crypto. Warren buffet was telling people to stay away from crypto
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The United States government now holds over 205,000 bitcoin, according to reports. This makes the U.S. government a bigger bitcoin holder than MicroStrategy and Tesla, with over 1% of the total current bitcoin circulating supply in its coffers. At current market prices it is worth about $ 5.7 billion.
Data shows that MicroStrategy now holds 132,500 BTC, and Tesla has 10,752 BTC. These are giant bitcoin holder companies, but their respective stashes are dwarfed by the U.S. government.
Authorities have accumulated this stash through multiple asset seizures over the years. Despite having sent 9,860 BTC to Coinbase in March 2023, they are still the biggest known bitcoin holder.
The first act of seizure was when the U.S. government confiscated 69,396 BTC from someone they later called “Individual X.” Blockchain analysis shows that his address “1HQ3” could be linked to Silk Road marketplace activities.
The second instance of seizure was a sum total of 94,636 BTC, which was related to the Bitfinex hack incident in 2016. During the investigations, Ilya Lichtenstein and his wife were arrested, and charged with laundering 119,754 BTC in over 2,000 transactions over the span of five years.
This event is what the U.S. government calls the “largest cryptocurrency seizure to date.”
Another case that lead to seizure of over 50,000 bitcoin was also in connection to the Silk Road and involved a James Zhong, who pleaded guilty to unlawfully obtaining that amount.
The seizure happened in November 2021, when the Department of Justice raided Zhong’s residence in Gainesville, Georgia, resulting in seizure of more than 51,326 BTC.
Like any other form of money, bitcoin can be used by bad actors as a tool for money laundering and terrorist financing. The fact that the U.S. government has this vast amount of bitcoin proves two interesting points.
First, it shows that the U.S. government is fighting against what it considers to be unlawful activities in its jurisdictions and considers bitcoin a form of currency. Activities wouldn’t get opposed and bitcoin wouldn’t be confiscated if the Department of Justice didn’t believe bitcoin had value.
The second interesting point is that the U.S. government is still holding on to their confiscated bitcoin stash, and has not liquidated it as soon as they could. It raises the question: “Is the US government a bitcoin speculator?”
In 2018, when Apple was sitting on ~$300 Billion in cash, it could have purchased the second-largest U.S. oil company, Chevron, and still have had billions left over.
Just 5 years later, it’s cash reserves have been almost cut in half and are being even more rapidly devalued by the highest inflation in 40 years.
When @saylor talked about sitting on a melting ice cube, this is exactly what he meant. Apple must learn to lean into #Bitcoin if it wants to preserve its evaporating cash balance.
I was about to type that Paypal does not allow withdraws...
Realizing that I don't know anything, I checked on the ETH i brought when Paypal launched the ability to but crypto and I put 50 bucks in to get the $15 bonus on my account.
To my pleasant surprise withdrawals have been enabled and I can now move the ETH to my hardware wallet!!!
Thanks for the update!
Taylor Swift didn't sign $100 million FTX sponsorship because she was the only one to ask about unregistered securities, lawyer says
- Taylor Swift pulled out of a $100 million sponsorship deal with Sam Bankman-Fried's FTX.
- The lawyer suing other celebrities for promoting FTX says she was the only one to ask about unregistered securities.
- Both Tom Brady and Stephen Curry are being sued for endorsing the now-bankrupt crypto exchange.
Lawyer Adam Moskowitz appeared on "The Scoop" podcast to discuss the lawsuit, and said the plaintiffs are seeking over $5 billion from FTX's celebrity endorsers, including Shaquille O'Neal, Tom Brady, and Larry David.
He alleged that those celebrities didn't do their due diligence to check whether FTX might be breaking the law. Except for Swift, who pulled out of the deal and never promoted the now-bankrupt exchange. "The one person I found that did that was Taylor Swift," Moskowitz told The Scoop's Frank Chaparro.
The singer – whose father used to work for Merrill Lynch – began discussing the $100 million tour sponsorship with FTX in the fall of 2021, per the Financial Times.
It reported the terms included selling tickets as NFTs, although FTX marketing staff told the newspaper "no one really liked the deal" and they thought it was "too expensive from the beginning."
"In our discovery, Taylor Swift actually asked them: 'Can you tell me that these are not unregistered securities?'" Moskowitz added.
A security is a tradeable asset that holds value, like a stock or a bond. All of those which are offered and sold in the US must be registered with the Securities and Exchange Commission. In a complaint against FTX executives last December, the SEC said the company's cryptocurrency, FTT, is classified as a security because it was sold as an investment contract. It was not appropriately registered, however.
Moskowitz's lawsuit, therefore, accuses the celebrities of promoting an unregistered security and seeks to recover damages for customers who lost money after FTX filed for bankruptcy last November.
It claims that the defendants "made numerous misrepresentations and omissions ... in order to induce confidence and to drive consumers to invest in what was ultimately a Ponzi scheme."
The crypto exchange imploded last November after concerns that the commingling of funds with its sister firm, Alameda, led to mass customer withdrawals. It didn't have enough money to fulfill that demand, partly due to lavish spending and a $65 billion line of credit, lawyers said.
FTX founder and CEO Sam Bankman-Fried was arrested in the Bahamas a month later and faces over 100 years in prison if found guilty of charges including securities fraud, money laundering, and bribery.
Representatives for Swift did not immediately respond to Insider's request for comment. Bankman-Fried's spokesperson declined to comment.
Taylor Swift didn't sign $100 million FTX sponsorship because she was the only one to ask about unregistered securities, lawyer says
Taylor Swift began discussing a $100 million tour sponsorship with FTX in the fall of 2021, per the Financial Times.
www.businessinsider.com