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/biz/ - Business & Finance

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54063919 No.54063919 [Reply] [Original]

Chainlink Labs kept their treasury in Silicon Valley Bank (not on chain for some reason). One of the many Chainlink Labs employees on this board is welcome to link the treasury on Etherscan to provide some kind of Proof of Reserves if this is not true.

>> No.54063932

>>54063919
Burden of proof is on you

>> No.54064002

>>54063932
> Literally has a product called proof of reserve
> Doesn't use it
> Wants someone else to prove they're insolvent
Sus

>> No.54064262

>>54064002
>still no proof

>> No.54064282

>>54064262
> Everyone should prove their reserves
> Oh no not us, just trust us and buy our useless token ;)

>> No.54064310

>>54064282
>corporate treasury of a private company is the same thing as proving reserves for customer deposits or stablecoins
Yikes

>> No.54064337

>>54063919
SVB should only protect those who did not keep more than insurance there.
Anyone else can get fucked, they could have held bitcoin but chose a bank.
$250k is FDIC insured, everyone else go suck a dick you should have known better.
Got a milly? Hold in four banks or stash some in BTC.

>> No.54064382

>>54064310
> Proving that a company all of defi relies on isn't getting a haircut to $250k treasury isn't important

>> No.54064521

>>54064382
It’s certainly important to Chris Blec.

>> No.54064731
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54064731

You are brown skin or a dysgenic white, and as such you do not matter. It’s that simple, buddy. Oh, you’re going to report? Yep, that’s a triggered subhuman alright lol

>> No.54064802

>>54064337
Exactly
None of the paid Chainlink Labs shills (who will soon be unpaid kek) in this thread have answered the question in the initial post, makes you think

>> No.54065097

CLG retweeted it because he has a decent amount of USDC. He's hoping for a bail out to ensure it gets the peg back. That's it.

>> No.54065165

CLL shills in overdrive trying to cover up this gaffe.

>> No.54065234

>>54064802
Link fudders in 2023.

I'm never selling nigger.

>> No.54065910
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54065910

>>54065234
Good, the warning signs are there, Chainlink are free to refute them but aren't. Make your own decision. Nobody in the Link ecosystem would ever go to the brink of insolvency without saying anything (picrel)