/biz/ - Business & Finance

Insider here. Binance is about to blow up. When they do, Huobi, Coinbase, Kraken will die instantly. It is going to be one of the most salacious financial scandals in history, and will precede any ETF approval in USA. Of course, when the exchanges and stablecoins blow up crypto becomes entirely useless for large scale evading of capital controls. Leading to crypto being entirely useless. So all eyes are on USDT. Will feds protect them? If so, crypto might survive in a hobbled state. If not, it is going to zero literally.

>>55392610
Here's the timeline :

>D-1 Day
Every hour, whale alert will mention that 500,000 ETH is sent to Coinbase. Yes, this is insider trading

>D Day
SEC will announce that Ethereum is indeed security. Vitalik is summoned to the court, but he refuses to attend. ETH is down 20%.

>D+1 Day
Total chaos. Etherscan reports billions of token are sent into Exchange, people don't want to become exit liquidity. There are many posts asking where to store USDT safely now. Another -10% drop for ETH.

>D+2 Day
Ethereum price is reaching critical support, $1,000. Will it hold ? People are waiting. Bobo is in full euphoria, tons of pink wojack everywhere

I have a million of these things. That coinbase insider trading fucked us so hard seemed like things were going steady until that then getting called a security by the sec. There's a lot of baggies that bought at 5+ cents i'm hoping to dump on them next cycle.

Here's the timeline :

>D-1 Day
Every hour, whale alert will mention that 500,000 worth of ETH is sent to Coinbase. Yes, this is insider trading

>D Day
SEC will announce that Ethereum is indeed security. Vitalik is summoned to the court, but he refuses to attend. ETH is down 20%

>D+1 Day
Total chaos. Etherscan reports billions of token are sent into Exchange, people don't want to become exit liquidity. There are many posts asking where to store USDT safely now. Another -10% drop for ETH.

D+2 Day
Ethereum price is reaching critical support, $1,000. Will it hold ? People are waiting. Bobo is full euphoria, tons of pink wojack everywhere

>>55246952
The SEC sued Binance the day before Coinbase. It was a smart bet that they'd go after others. They had sent Coinbase a Wells Notice so it was just a matter of time. Not insider trading, just a smart bet.

Someone made a classic insider trade yesterday. They opened new $COIN $50 weekly puts for $107,000. These puts were 19% out of the money (OTM) and expired in four days! Extremely low probability trade!

Today, the Securities and Exchange Commission (SEC) sued Coinbase, $COIN.

The puts that were opened yesterday are now up big, by nearly 2572%. This means that the person who opened the puts has turned $100,000 into millions.

It is clear that someone knew that the SEC was going to sue Coinbase. It is possible that the criminal worked at the SEC.

This is a reminder that insider trading is a serious crime. If you are caught insider trading, you could face significant fines and jail time.

THIS IS WHAT SEC SHOULD BE INVESTIGATING!!!

Brian Armstrong, founder and CEO of Coinbase, sold all of his shares on June 5th after the SEC announcement. If he doesn’t believe in his company anymore, who does?

This is the biggest FUD I’ve ever seen and it is hitting me hard.

Pic rel is the insider transaction report on finviz. You can see in the right hand side under “shares total” he owns no more shares in Coinbase anymore.

Now what?

>>55217772
>>55217823
>>55217862
SEC insider here.
XRP has WON the case..! But it can't be allowed...so we are going to put a block on all trading, Coinbase is GOING DOWN on 12 June. Consider this due warning.

>>55204092
insider here. xrp is going to win this particular case, however, the SEC is going to appeal and likely force garlinghouse to run out of funds and not be able to fight them any further. the debt ceiling was just raised for this purpose. trillions of dollars were just gifted to the government. the SEC now has plenty of monetary weight to sue and appeal binance and coinbase into oblivion. even cz doesn't stand a chance. coinbase will eventually be banned in the US like binance. crypto will still exist outside the US but without US support it will just be a casino for nerds without much worth. plus jamie dimon is going to play a major role in 2024 as far as the government is concerned. that's all i can say right now. he's not a fan of crypto, but believes blockchain technology and cbdcs are a good thing

>SEC goes after Binance
>SEC goes after Coinbase
>SEC goes after Crypto.com(pending)
>SEC goes after Kraken(pending)
Insider was real lol

>>55089273
Oof not buying your baggerinos the pumps ogre.
Move to CTX that's where the profits will move.
>t. coinbase insider.

Great initial marketing with Flexa but completely destroyed by Coinbase insider trading, which completely killed any momentum Amp might've had.

Ever since, the initial megadump, it's endless FUD and endless dumping.

Congratulations for falling for another "muh tech" scam that just follows Boomer*cough*bitcoin.

>>54997739
if base fails or the sec fucks them, what is to be expected, yes. This seems to be coinbase last attempt after they listed every insider pump and dump jew shit for two years

>>54846391
https://www.justice.gov/opa/pr/justice-department-announces-first-director-national-cryptocurrency-enforcement-team
https://www.lexology.com/library/detail.aspx?g=e2ea08b1-825f-4688-b303-995c9e0ba6cb
https://www.penningtonslaw.com/news-publications/latest-news/2022/the-first-crypto-insider-trading-case-the-sec-s-charge-against-ex-coinbase-manager
try researching before you post

>be me
>kevin murcko
>need to think of a name for this new crypto scam i've had brewing for awhile
>homeless at the moment living on a metro for the past 2 years trying to avoid taxes and running from interpol
>idea.jpg
>I'll call it Conmetro
>write it down with a ballpoint pen on my forehead so I don't forget, using the window as a mirror
>nahh it's too obvious
>add an i, since people love anything with the name coin in it, coinbase, coinance, coincoin, bazinga
>shit shit angel investors will see right through me
>need to figure out the perfect demographic
>it has to be a group of some of the most autistic degenerate retards imaginable with no foresight or experience
>hmm.mpeg
>4chan
>perfect, i'll create some degenerate handle to blend in
>AssBlaster!!BuYyXcM
>entire board is filled with this white supremacist nazi green frog shilling something called chainlink
>initially center a larp around being a chainlink insider to further blend in and gain notoriety
>spread the most vague cryptic nonsense imaginable, boosting everyone's ego, tribalism
>at the end sprinkle in my own scam, but never say it directly so that they don't think i'm a shill
>never post again

>be me
>kevin murcko
>need to think of a name for this new crypto scam i've had brewing for awhile
>homeless at the moment living on a metro for the past 2 years trying to avoid taxes and running from interpol
>idea.jpg
>I'll call it Conmetro
>write it down with a ballpoint pen on my forehead so I don't forget, using the window as a mirror
>nahh it's too obvious
>add an i, since people love anything with the name coin in it, coinbase, coinance, coincoin, bazinga
>shit shit angel investors will see right through me
>need to figure out the perfect demographic
>it has to be a group of some of the most autistic degenerate retards imaginable with no foresight or experience
>hmm.mpeg
>4chan
>perfect, i'll create some degenerate handle to blend in
>AssBlaster!!BuYyXcM
>entire board is filled with this white supremacist nazi green frog shilling something called chainlink
>initially center a larp around being a chainlink insider to further blend in and gain notoriety
>spread the most vague cryptic nonsense imaginable, boosting everyone's ego, tribalism
>at the end sprinkle in my own scam, but never say it directly so that they don't think i'm a shill
>never post again

>>54685234
Coinbase insider here - only 50 or so LTC left.

>t. coinbase insider
Keep an eye on Link next time it pumps against btc tonight will be the signal.

>>54644722
I remember when it happened, they made an example of the guy and have an entire team at coinbase dedicated to tracking insider trading. Not to mention there is an army of twatter faggots watching the blockchain for suspicious activity during these announcements. It’s highly unlikely shitcoins like this are being bought and sold under the radar by CB insiders.

>>54606350
https://bitfinexed.medium.com/coinbase-insider-trading-litecoin-edition-be64ead3facc
https://news.bitcoin.com/ipo-coinbase-pays-cftc-6-5-million-false-reporting-wash-trading/
https://www.bitcoininsider.org/article/78911/wash-trading-menace-93-all-ltc-traded-day-according-coinmarketcap
https://reddit.rtrace.io/r/litecoin/comments/q3z95m/the_market_chooses_what_to_buy_coinbase_listed_an/
> last one has a bitfinexed thread linked
> back in 2016 I saw some people discussing this both in the r/ and a couple times on dread. I think there was some doubts about the trading volume in the bitcointalk thread but I would assume that is several hundred pages long if not in the thousands already.
Back then people suspected or "knew" like they know tether is an illiquid fraud, or knew that SBF was "putting a front" but it seems that it was until 2019 (may be wrong tho) when it was actually confirmed (also lee incriminated himself in tweets and trading activities were correlated: him dumping while tweeting for his troons to hodl and such

>>54514571
>Coinbase listed the LCX token as part of an insider trading deal
Sue thing anon. I bet as part of the insider trading deal they broadcasted the insider trading in Times Square. That's not very smart, I better close my Coinbase account. Thanks for the heads up.

>>54514519
No they aren't. Coinbase listed the LCX token as part of an insider trading deal.
https://decrypt.co/105693/sec-coinbase-lists-nine-crypto-tokens-securities

>>54345813
Insider here, your mom is not a hoe and Coinbase and Kraken will both be insolvent, but not yet.

Actual insider here. A rather large number of coins will be removed from Coinbase and Coinbase Pro over the coming months due to an agreement with the SEC. Chainlink is one of them. This is because Chainlink held an ICO. The SEC was also considering the banning of Ethereum altogether on Coinbase but the exception is that Ethereum is considered framework or a “launchpad” for other projects. Chainlink being removed from Coinbase, along with 20+ others, will be announced sometime before the summer. This is my only warning. Feel free to ignore.