Walk The World The FTX Story continues to run with reports of missing funds and deceptions. In Australia, ASIC appears to have been asleep again, as we find that the local instance of FTX – who owes money to some 30,000 investors – used a back door method of get a local license to operate.
So once again the financial cop was found wanting!
Go to the Walk The World Universe at https://walktheworld.com.au/
Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts
Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics
Or make a one-off contribution to help cover our costs via PayPal at: https://www.paypal.me/MartinDFA
We also can receive bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1
Please share this post to help to spread the word about the state of things….
Caveat Emptor! Note: this is NOT financial or property advice!!
Hay first 🎉
FTX was a government psyop…They don't want people out of the system and into crypto. Buy XRP
All good
Please go and see a Speech Therapist?
Stop speeding up.
asic loopholes may be a beneficial option to corporates to scam more people out of money…..
Ftx is a dirty dirty coin used by corrupt governments that knew about it.
Our government wants to control us. People were warned about ftx but they wanted a quick dollar
The new currency to get out of the system, ends up heavily regulated and policed because the scammers of the mainstream monetary system took it over.
Get your crypto off exchanges. Use your own hardware wallet. Not your key not your coins.
It seems that known loopholes are almost an approved way of business in Australia while our Governments are happy to stick their heads in the sand
It has levels, keep going.
Good job so far.
Alot more work to do.
Thank you.
Innovation=money printing!
DeFi smart contracts that are permisonless, have multiple audits, contain no admin keys and run without human input are the future
In all these collapses its always the loans taken out on truely decentralised financial systems which get paid back first because you cannot get lawyers to negotiate with a smart contract, it just liquidates your position
More like a Nightmare !
American democrats are corrupt AF.
Guys this wasn't a pack of dumb kids gone bad, this is an NSA, CIA FED US GOV DEM TAKE DOWN OF MOST OF CRYPTO just like the way they took down every non-USA-based offshore banking hub they didn't do business with, The United States of America is basically insolvent and is in a fight to maintain the dominance of the dollar in Internation trade US Sanctions, hacks, leaks, threats, provocations, red flag attacks, coups and wars are a tool in the fight to suppress its rivals, Sad but true.
So does this effect Coinspot at all?
Money laundering is not the problem corruption is from political elite. Bureaucracy elite and standard criminal behaviour
Money laundering is not the problem corruption is from political elite. Bureaucracy elite and standard criminal behaviour
A result of decades of no enforcement of crown laws.
Garry Gensler get those orange jump suits measured up !
if you have gold in your hot little hand…. nobody can hack it.
30 000 only , Lucky!
Couldve been worse
Total corruption again. SBF is still not arrested for obvious massive fraud, instead, he is now getting paid to speak alongside Criminal Jannet Yellen and others… outrageous protection….
How these activities weren't picked up or let go under the radar for so long is beyond me, especially considering there were so many people in the know. Fishy
Crickets
Top secret creditors… lol you mean fools with more dollars then cents.so pension funds bankers and other losers.
Lol, asic's logo looks like ftx's.
All the more reason why the enquiry into ASIC should be closely scrutinised and made very public.
Ftx is a reflection of what Central banking also is.
ASIC should keep out of it they give everyone a false sense of security. They are useless and don't provide any protection to consumers they should be disbanded, so investors know they are on their own when it comes to investing in Australia.
The Ponzi is deflating!
I'd love to see hunter bidens laptop about now. I'm sure it's all on their
Prices will probably fall for everything on bricks. We got a safe haven in Australia. Good education values, nice neighbourhoods. It is worth investing in, just wait to see how the global bit plays out.
Wood be nice 2 get a job with ASIC and get payed 4 not doing a good job 🤔🤔🤔👀👀👀
Crypto has always been a Ponzi scheme, yet people saw it as a alternative to the fiat currency, banking etc! But it is not regulated or have any government guarantee if it gets in trouble! There is a history of these events, tulip boom bust, Florida land boom, 1890 land boom bust, Melbourne, banks went bust! “If it sounds too good to be true, it probably is”! Have people forgotten Bernie Madoff?
Wonder what the next Ponzi scheme will be?
All the exchanges are insolvent.
Thanks Mr. Martin…$42Mill plus lost so far and remember…its all good!