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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (195831)	2/4/2023 9:42:33 PM
From: Pogeu Mahone	Respond to of 219771

Crypto: Treasury's financial stability watchdog says fraud is ... cnbc.com › 2022/12/16 › crypto-treasurys-... Dec 16, 2022 — The crypto currency market is rife with fraud, failures to comply with ... stability watchdog says fraud is rampant in crypto markets. No one gives a shit about wash sales. Arcane baloney. Not only do investors ignore it, IRS does not have an automated system to just make a simple list. IRS old outdated computer systems. 40 Years of Failure: IRS Unable to Fix Computer System atr.org › 40-years-of-failure-irs-unable-to-fix... Mar 5, 2022 — For 40 years the IRS has tried and failed to update its main computer system. Regardless of funding level and regardless of who controls the ... IRS Criminal Investigation releases annual report highlighting ... irs.gov › newsroom › irs-criminal-investiga... Nov 18, 2021 — WASHINGTON — Over 2,500 criminal investigations, the identification of more than $10 billion from tax fraud and financial crimes, and a nearly ...

To: TobagoJack who wrote (195831)	2/7/2023 9:20:12 PM
From: Pogeu Mahone	Respond to of 219771

Here is the proof: "There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again>>" Out of the goodness of their hearts these assholes will donate $100 million out of the $900 million they lost And expect others to pay the other $800 million they lost! What Patriots. TECH Winklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery PUBLISHED MON, FEB 6 20234:57 PM EST UPDATED TUE, FEB 7 20238:17 AM EST Rohan Goswami @ROGOSWAMI MacKenzie Sigalos @KENZIESIGALOS KEY POINTS Crypto exchange Gemini will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.The exchange, founded by the Winklevoss twins, said the funds would be reserved for its Earn users, who had about $900 million of assets frozen when Genesis paused withdrawals. Cameron and Tyler Winklevoss. Adam Jeffery \| CNBC Crypto exchange Gemini will contribute up to $100 million in cash, earmarked for its customers, as part of an agreement with bankrupt Genesis Global Capital and parent Digital Currency Group, Genesis’ lawyers said in a court hearing on Monday. The restructuring deal and recovery plan were announced during a status conference for crypto lender Genesis, which filed for bankruptcy protection in New York on Jan. 19. Genesis owed its creditors, including Gemini and its users, billions of dollars. Gemini, founded by Cameron and Tyler Winklevoss, had been engaged in a high-profile back-and-forth with Barry Silbert, who owns DCG. The Winklevoss twins have publicly blamed Silbert’s mismanagement of Genesis for issues with one of its own products called Earn, which promoted returns of up to 8% on customer deposits. “This plan is a critical step forward towards a substantial recovery of assets for all Genesis creditors,” Gemini told its users in correspondence viewed by CNBC. It demonstrates “Gemini’s continued commitment to helping Earn users achieve a full recovery.” The broader details of the restructuring plan were announced in Manhattan bankruptcy court. The deal, cut between Genesis, DCG, Gemini, and Genesis’ range of creditors, is largely predicated around a refinancing of Genesis’ loans to DCG. Genesis loaned over $500 million worth of cash and bitcoin to DCG, in part to fund founder Silbert’s venture investments. DCG will also contribute to Genesis “all equity” in Genesis’ trading subsidiary, which remained operational during the bankruptcy. Additionally, DCG will provide a two-tranche debt facility, maturing in June 2024, with 11% interest on one tranche, and a 5% interest-paying bitcoin tranche, “roughly equal to around $500 million,” a Genesis lawyer said. DCG will also issue convertible preferred stock to Genesis creditors. DCG also extended a $1.1 billion promissory note to Genesis after crypto hedge fund Three Arrows Capital collapsed. The Winklevoss brothers blasted that maneuver as “a complete gimmick that did nothing to improve Genesis’ immediate liquidity position or make its balance sheet solvent.” As part of the recovery plan, that promissory note will be equitized, meaning it will be converted into something of substantive value, typically equity, CoinDesk reported. “Thank you for putting your trust in us during this challenging time,” Gemini said in its message to users. For months, Gemini customers loaned money to Genesis for placement across various crypto trading desks. When Genesis halted its lending business following the collapse of FTX in November, Gemini Earn was forced to temporarily shutter its operations, as well. All withdrawals on Earn have been paused for nearly three months. Gemini’s 340,000 retail clients are angry, and some have come together in class actions against Genesis and Gemini. T he Securities and Exchange Commission complaint filed charges against both Gemini and Genesis on Jan. 12, for allegedly selling unregistered securities in connection with a high-yield product offered to depositors. WATCH: Crypto broker Genesis files for Chapter 11 bankruptcy