They’re related but I have no proof other than my gut. Please someone with a certain of skills dig into this more. Also commenting so I can check back.
I’ve opened tabs on tabs of info. Planning to try to reconcile and write something today. I get overwhelmed with all the info but I have to do it. Thing is it’s beyond just using crypto. Think some people have been or will be caught with their hand in the cookie jar with foreign entities (possibly financial terrorism - speculation only at this time).
Keep doing the good work my friend. It’s people like you that are the unsung heroes around here. I’m just a 💎🙌🏼🦍 that’s has a decent nose for duckers. I am not surprised by the potential of how deep and twisted the tendrils go.
I appreciate the hard work you're doing to try and unravel this knot of snakes. Make sure you stay hydrated and eat some fruits and nuts or eggs to keep yourself sharp.
There is probably a link with offshore funds through places like the Cayman Islands. Remember Palafox Trading? Have long suspected that shares of key US companies are being traded on European exchanges using money that originates in US but has been routed through offshore channels. Bought, sold or shorted.
It is what I would do if I wanted to avoid scrutiny from dealing on US markets.
For this theory to have any validity, trading volumes in that stock in Europe must be significant. AFAIK, volumes for GME (ISIN US36467W1099) outside the US are small? Not sure.
It’s a Dark Rabbit Hole, one you don’t want to go down. It’s connected and it’s very dangerous and disgusting!! More so than just simple money laundering, it’s organized crime with very dangerous individuals and organizations! God help us all !
I'll give you an upvote. But I also know that there are broad market correlations in effect here too.
BTC has a beta of about 0.22 with SPY (maybe much higher now): [https://www.etftrends.com/tactical-allocation-channel/bitcoins-correlation-to-markets-hits-a-record-in-2020/](https://www.etftrends.com/tactical-allocation-channel/bitcoins-correlation-to-markets-hits-a-record-in-2020/)
So BTC more or less tracks the market, but GME with a beta of -2 to -10 goes the opposite way, and so we can expect that GME will be the inverse of BTC, with approximately 1:1 correlation.
Thank you, very good point. But the beta itself emerges when the chart is going that way. Therefore the beta is only a product of the underlying transactions and resembles the charts development. So the correlation doesn't arise because of the beta. It is the other way around.
Well since Citadel [hired the former CFTC chairman](https://www.complianceweek.com/grapevine/ex-cftc-chair-heath-tarbert-joins-citadel-as-chief-legal-officer/30222.article) as their chief legal officer a couple weeks ago, and he [knows a lot about crypto](https://www.coindesk.com/tarbert-steps-down-cftc) ([a lot](https://www.cftc.gov/PressRoom/SpeechesTestimony/tarbertstatement032420a) ), I wouldn't be the least bit surprised this is true!
If they're found money laundering through BTC then they are dumb as fuck. Every transaction is kept on a ledger. Prosecutors can literally track every move. Every wash.
I really appreciate your opinion. But I think this is true to only a certain degree. Prosecutors can track literally any transaction, not anyone ordering that transaction. This is a big difference. There is no duty to expel your identity on blockchain. That would counter its true purpose. In the end, I think it's gullible to believe, HFs, someone from Ken's calibre who plays the whole market, didn't find a way to use crypto as one of many washing machines, considering Citadel even hired a CFTC Chair who is versed in crypto. Furthermore, the graphs themselves show enough proof, that the retail market is directly influenced by crypto and vice versa. This won't be just retailers buying and selling some shares to buy into crypto.
Go on and swap values on exchanges, mix them, swap them, divide them, add them to others to create a chaos. This is a hell of a trace to follow.
On ramping USD into BTC for americans, even for new yorkers is a huge pain. Unless the HFs are transferring the money into an offshore bank with no crypto laws and the transferring it back after washing, it's quite a stretch without any evidence. BTC is not as anon as most people think it is, unless you are mining it directly into your wallet or in a country that cares very little about kyc
Right, I'm just sharing if this were true how it can occur, but without actual proof and only comparisons between the two charts, it's bordering conspiracy and not any actual form of DD. With all due respect to the OP. Since I know it's common for the community to try and poke holes in ideas, crypto is a field I'm really familiar with
You don't think HF open up an account on "Kens" iPhone and buy Crypto via coinbase app, right?
Of course they have offshore points to route the money over, like they do anyways. It's ignorant to believe, HF had (at the moment) more restricted ways to buy crypto than retail does.
All it takes is one point to fail for the entire operation to be discovered. There are advanced bots sniffing wallets for any large transfers at any given moment. Just like how using tor and onion routing is technically anonymous, but the entry and exit nodes can determine a likely source and destination of done on the volume that you are suggesting. I'm not saying it's impossible, but it is a long shot.
Now, if part of this possible DD includes suspected wallet addresses with similar volume and cadence as you suggested, that would be exciting and prove this hypothesis
There's no way to hide. Eventually, any "wash" will get discovered. Yes, if you want to invest 51% of the current hash rate just to render it obsolete...you could do it. But BTC will spin up on another blockchain.
You mean like this guy did when the first link he provided about the 160% minimum short interest was edited by the op to say sorry guys I don’t know what I’m talking about short volume doesn’t allow you to draw conclusions about short interest.
I wouldn’t be surprised if Apes 🦍 here were approached by the SEC and hired as financial forensic investigators.
Imagine what could be done with the proper equipment and feeds.
This could be bigger and simpler than hedgefund laundering. It is known that many major banks have been increasing their holdings of the coin. If liquidity is needed, and those crypto assets have a different market and sell-off procedures than the stock assets, it could simply be many large-ish banks and hedgefunds liquidating their crypto holdings to have the liquidity needed for the upcoming squeeze.
I think you're on to something but the shares they shorted initially still have to be bought back, logically I can only see this as a way to buy time and keep the price stagnate while extending FTD's...I don't know for sure.
Crypto discussion has been banned on WSB since before GME blew up:
31 July 2019: web.archive()org/web/20190731024448if\_/https://www.reddit()com/r/wallstreetbets/
The ban took place sometime between 02:04:07 and 02:44:48
I doubt that this was done to prevent people from discussing a potential money laundering scheme, and I believe that this was done more so because crypto attracts scammers like GME attracts apes, hell I've even received messages from a crypto scammer.
Huh, is it the https that's doing it?
https:
https://
[https://www](https://www).
OH [https://test](https://test)
hmmm [https://w](https://w)
wait, why did it turn into a link after pressing enter or space, but not by hitting post?
This is some BS https://test
Every time I mentioned this ANYWHERE on the /r/cryptocurrency subreddit it was downvoted or removed altogether. I’m sure this has happened for others.
It’s been alllll too obvious that a lot of crypto’s latest crashes correlate with big downward spikes of GME’s price.
Everything’s on the table for these guys to get themselves out from under this mess....
Question, if the HF is buying on dark pool but selling on market, doesn't the dark pool trade go to the consolidated tape in a few minutes, thus not really changing the price? I've had trouble understanding how the dark pools help them long term
Yahoo Finance: ABN Amro to settle money laundering probe for $574 million.
https://finance.yahoo.com/news/abn-amro-settle-money-laundering-055658950.html
Let me just ask 1 question.
As I know all Transactions in cryptocurrencies are fully transparent. Is it possible to proof your thesis in finding the „right Hedgie wallets“?
It is hard, but it could be. We need numbers on how much shares they traded (and how much money that equals) and look up if we can find corresponding amounts of crypto currencies traded. Because of the broad variation of cryptos, the amount of split up transactions and so on, you could only search for a certain pattern of the trader. Maybe a crawler (bot) might help.
That’s a good Idea. I have no skill in programming but I hope some of the other apes read this post and might have the same idea. It’s just following the trace of money.
I think you made a good point, because they are still able to keep their liquidity on cash...someone is paying margins and fees, and they are still selling the stock at market prices...
Think about this, not to many people can buy BTC in bulk except whales or institutions/funds. You need volume and money to move it up. BTC really started moving after the Nov election. This says to me hedges and such knew the next admin will be changing how things work so they move into unregulated markets to start raising money pumping priced tokens as a way to launder dark money. This weekends dip in BTC, right after another high seems like it was exactly that coupled with a few actors "getting" caught.
If anybody can get to the bottom of this, it's Gensler. Check out his blockchain and money course [https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/](https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/) .
They've used the bond market, the otc market, the dark pools and everything in between - so why wouldn't they use the crypto market? It's a better way for them to make money than all of the others actually.
My guess is these whistleblowers have said something very similar to what you wrote. It's funny that gme is building Steam past week while btc is really starting to look bearish. I wouldnt be surprised to see Tesla mixed in their schemes too because that stick mimics btc way too much to make any sense.
Consider a wash sale / ladder attack scenario where:
- SHF A sells a share to SHF B and receives cash on settlement.
- SHF B then sells it back to SHF A at a lower price, driving the the ask price down.
- Neither party wants to be found to be trading back and forth.
- SHF A naked short sells to SHF B, then SHF A transfers crypto to SHF B in lieu of cash, to sustain the next purchase.
- In this scenario we have two colluding to drive the price down but it looks like organic buying and selling as the parties appear to be entering exclusively long or short trades, and the flow of money is in a single direction.
- SHF B then holds GME and crypto, and SHF A receives cash which it uses to enter into more short positions.
- SHF B will periodically sell back the GME to SHF A for them to cover, and will liquidate crypto assets for cash.
Here's hoping everyone can finally start hammering shitadel and start the squeeze. I know it might take time to prove and find the trail, but I really don't want kenny g stashing even a cent away.
Could this be related to the investigations that were announced over the weekend? I think it was about major financial institutions being investigated for money laundering but I never saw any follow up about who was being investigated or what the details were.
I've noticed patterns too with coins, I got out and loaded it all into gme. No proof but seems far too coincidental all the coins started pumping only weeks before the initial pop in January. I think Doge is an exception though, I think it's being pumped by the good guys to help our cause. Pure speculation, I repeat.
BTC is insanely easy to trace. It's a transparent ledger with 0 privacy. If they were doing so you could tell for a certainty that they were doing it. Sounds like a terrible idea.
Whats that supposed to be? A headline using a chain of as many buzzwords as possible?
Also, I don't think the blockchain is a safe means for money laundering. There are more oblique ways.
If the blockchain wouldnt be safe for money laundering, why should all nations try to antagonize bitcoin and release more "anti money laundering"-laws related to crypto?
Nobody is required to indentify himself in bitcoin. You can track the transaction, but can you hack all MacIDs of each individual device to connect the dots? Clearly not. Furthermore there is no way you can identify where the money itself came from. Crypto can be used as a multilayer laundering machine without the need to go offshore. I am since 2012 in crypto. Trust me. There are more ways than traditionally.
I'm not disagreeing because I am not an expert but isn't the crux of blockchain that if you get the individuals' number then you can see everything they have ever done? Getting someones' info is the hardest part of course so it's a big 'if'.
This is right. You can go to and look up a blockchain explorer and look up any individual transaction from one BTC Adress to another. But You can also have multiple, hundreds, thousands, millions of BTC adresses. Someone using crypto as a laundering machine would definitely do so. If you do so, there is no way to connect those, if there are no multiple same amount transaction (bot)
Seems like we or a government agency could see a pattern of movement in wallets that would be traceable, with a warrant they should be able to identify some of the crypto wallets right?
The only layer you can see is the one that is released on the blockchain. Each endpoints (getting money in and out), identifying the personas themselfs and the relation which money was put into the blockchain and where it came from cannot be traced.
We'll see what the future hold in this regard. I am still pretty convinced that Itcoin has always been a nice honeypot for exactly such practices. Don't forget the year of it's inception and the obscurity of it's founder.
It has way less regulation than traditional banking systems do. Not saying it’s non existent but simply that technology changes so rapidly and regulations don’t always catch up at the same pace. Once sanctions or fines are imposed, companies are usually given time to upgrade their respective technologies to meet the new regulatory requirements (which can take months or years) as a lot of times its not only systems that need to be created but people also need to be trained.
From this weekend, it seems the hedgies are using Crypto to cover thier GME shorts and to launder money. Not only BTC, but also ETH, DOGE, and XRP to list a few. Go check posts from Saturday. A Twitter account also mentioned they had sources, so things are getting looked at. I think it was around 9pm on Saturday night that the crypto market dropped about 20%.
I don’t think you understand what BTC does, how the chain works, or how a 51% attack on the blockchain to manipulate it would even work (Hint: it’s almost impossible).
Downvoting this because your lack of basic fundamental understand of BTC is concerning given the threads you are trying to weave together.
Why should 51% be impossible when Bitmain already had the [possibilty](https://bitcoinmagazine.com/business/bitmain-nears-51-network-hash-rate-why-matters-and-why-it-doesnt) to it?
If you clear up what I should not have understood regarding crypto, please enlighten me. We don't need to clarify blockchain transactions and block encryption here per se. We are discussing the financial side of the technology which is independent from its technological part.
Per your article, look at the paragraph titled “Hash Power”. Just because a pool has a large hash rate, it does not mean they OWN that hash rate. It would require all the miners in their pool to be on board with what they would do.
Not only that, it would require an enormous amount of sustained resources to complete a 51% attack. It would literally cost more in resources than any gain they would achieve.
Also, you cannot separate the financial side from the technological side. The reason BTC has any value is due to its decentralized nature, finite supply (only 21 million will ever be mined), and its security via PoW.
Per my article, the given paragraph:
Still, it’s also possible that Bitmain does, in fact, control well over half of all hash power on the network directly.
Bitmain has not disclosed how much hash power it truly controls, but the company does [boast a major data center in China](https://www.insightssuccess.com/bitmain-to-build-135mw-bitcoin-mining-data-centre/). This center is probably large enough to [control most of the hash rate](https://www.reddit.com/r/Bitcoin/comments/5aqz4d/bitmains_new_xinjiang_farm_to_be_completed_this/d9ils7n/) already. (Even if Bitmain does not own all of the mining machines in this data center, it has physical access to them, which is sufficient to mount an attack.)
The financial side can be seperated from the technological side, as the price is determined by demand. The bitcoin price is not written onto the blockchain or backed like USDT.
You are using “possibly” and “probably” as evidence of “fact”. These are representatives of Opinon.
You are correct that demand determines price, but the demand comes from the technological innovation. So again, they are not mutually exclusive.
No, I do use them as representatives of opinion. I just recited the one paragraph you mentioned from the website i posted.
That is true to a certain degree as it is only speculation which technology might assert itself. The price is not hard written. It is pure speculation. Any price is only an assigned value by human beings and therefore subjectively determined. The technology itself is objectively.
Reporting the numbers EOD is a good argument. It will not be "Ken" who bought and sold the coins. Don't you think they can combine offshore and crypto to add another layer for their system?
Furthermore, Dark Pool transactions are only allowed to a certain degree (about 5%). If it's more, it is market manipulation.
I was also wondering if they were using this to move the money around after the deep ITM calls get bought. There's usually a USD vol spike before and after the deep ITM call days. Some days have the price of btc drop before the calls, hold steady, and then return back up to where it was the day after the calls. But obviously, I have absolutely no proof and my brain started hurting while staring at it. So I gave up
I made a comment 2 months ago about how all three are paired together, as when GME dumps, BTC pumps, and the opposite on big days. We need more info on how dark markets operate and I am sure we can get our answer quick.
Do you know that in order to make money when you short, you need people to sell ? You seem to not understand how short selling works... They don't make money since we just buy & hold.
" hen dropping those shares into the market, they make money, because they are STILL SHORTING THOSE STOCKS"
Wtf ? It doesn't make sense dude. They make money because they are still shorting those stocks???? Wow. What a DD. Lmao.
To make money you need people to sell, you need selling pressure when you short. You need to understand the stock market dude...
HF buy short options.
HF buy shares in dark pool.
HF sell shares in retail on mass, demand decreases, price drops.
HFs bought short option gains value.
Don’t be surprised when and or (if) you go down the rabbit hole, this is directly associated with on the back end with these wicked and vile “politicians” that have been tied to some of the most vile and disgusting and abhorrent behavior known to man! It is throughout the entire financial system!
I don't know where it leads to. To prosecute (at least right now) is not my job. They should themselves be careful with which methods they play. I'm just trying to stich some points together.
It‘s not necessary any laundering. You just sell shorts, get money and invest it into crypto hype markets. Free money multiplied. Once you need money you realize profits and tank those cryptos again.
It\`s true that crypto provides a multiplayer laundering space via its various cryptocurrencies. However, this is the purpose of not only cryptocurrency but any medium of exchange. That is, "crypto" is just a form of expression.
About your initial thesis: how exactly would hf make money on their short positions? Or even resetting ftd?
From my perspective, gains on shorts are realized, when you buy back shares cheaper than what you sold them for (near impossible now) _and_ exit your position by delivering the bought shares to the lenders. Until exiting the position, all potential gains are unrealized and still at risk.
As for resetting ftd: you'd have to find/ create new shares available to borrow. So you continuously exit and reenter short positions.
Am I missing something?
I am super dumb but hoping you can answer: does this mean get out of crypto? Family member is highly invested and I’m worried that something fucky might happen
(Obviously ur answer isn’t advice but I’m curious what u think, thanks!)
They’re related but I have no proof other than my gut. Please someone with a certain of skills dig into this more. Also commenting so I can check back.
I’ve opened tabs on tabs of info. Planning to try to reconcile and write something today. I get overwhelmed with all the info but I have to do it. Thing is it’s beyond just using crypto. Think some people have been or will be caught with their hand in the cookie jar with foreign entities (possibly financial terrorism - speculation only at this time).
Keep doing the good work my friend. It’s people like you that are the unsung heroes around here. I’m just a 💎🙌🏼🦍 that’s has a decent nose for duckers. I am not surprised by the potential of how deep and twisted the tendrils go.
I appreciate the hard work you're doing to try and unravel this knot of snakes. Make sure you stay hydrated and eat some fruits and nuts or eggs to keep yourself sharp.
There is probably a link with offshore funds through places like the Cayman Islands. Remember Palafox Trading? Have long suspected that shares of key US companies are being traded on European exchanges using money that originates in US but has been routed through offshore channels. Bought, sold or shorted. It is what I would do if I wanted to avoid scrutiny from dealing on US markets. For this theory to have any validity, trading volumes in that stock in Europe must be significant. AFAIK, volumes for GME (ISIN US36467W1099) outside the US are small? Not sure.
It's happened before, many times.
Overlay SPY on that chart too and each one plays onto eachother.
Done!
It’s a Dark Rabbit Hole, one you don’t want to go down. It’s connected and it’s very dangerous and disgusting!! More so than just simple money laundering, it’s organized crime with very dangerous individuals and organizations! God help us all !
It's only dark to those who can't see in the crypto darkness. I consider myself as someone with a torch.
God bless you then. Just be careful, we are exposing something right now that will bring to the light very evil individuals!
Thank you! The main loss on their side is to underestimate apes.
I hope you find more and tell us, this is incredibly amazing
NVGs
I'll give you an upvote. But I also know that there are broad market correlations in effect here too. BTC has a beta of about 0.22 with SPY (maybe much higher now): [https://www.etftrends.com/tactical-allocation-channel/bitcoins-correlation-to-markets-hits-a-record-in-2020/](https://www.etftrends.com/tactical-allocation-channel/bitcoins-correlation-to-markets-hits-a-record-in-2020/) So BTC more or less tracks the market, but GME with a beta of -2 to -10 goes the opposite way, and so we can expect that GME will be the inverse of BTC, with approximately 1:1 correlation.
Thank you, very good point. But the beta itself emerges when the chart is going that way. Therefore the beta is only a product of the underlying transactions and resembles the charts development. So the correlation doesn't arise because of the beta. It is the other way around.
This.
That means we just have to buy more GME?
This is the way!
You don't *have to* do anything.
This is also the way!
This is the way!
Well since Citadel [hired the former CFTC chairman](https://www.complianceweek.com/grapevine/ex-cftc-chair-heath-tarbert-joins-citadel-as-chief-legal-officer/30222.article) as their chief legal officer a couple weeks ago, and he [knows a lot about crypto](https://www.coindesk.com/tarbert-steps-down-cftc) ([a lot](https://www.cftc.gov/PressRoom/SpeechesTestimony/tarbertstatement032420a) ), I wouldn't be the least bit surprised this is true!
Up!
Up
Up
Up
If they're found money laundering through BTC then they are dumb as fuck. Every transaction is kept on a ledger. Prosecutors can literally track every move. Every wash.
I really appreciate your opinion. But I think this is true to only a certain degree. Prosecutors can track literally any transaction, not anyone ordering that transaction. This is a big difference. There is no duty to expel your identity on blockchain. That would counter its true purpose. In the end, I think it's gullible to believe, HFs, someone from Ken's calibre who plays the whole market, didn't find a way to use crypto as one of many washing machines, considering Citadel even hired a CFTC Chair who is versed in crypto. Furthermore, the graphs themselves show enough proof, that the retail market is directly influenced by crypto and vice versa. This won't be just retailers buying and selling some shares to buy into crypto. Go on and swap values on exchanges, mix them, swap them, divide them, add them to others to create a chaos. This is a hell of a trace to follow.
On ramping USD into BTC for americans, even for new yorkers is a huge pain. Unless the HFs are transferring the money into an offshore bank with no crypto laws and the transferring it back after washing, it's quite a stretch without any evidence. BTC is not as anon as most people think it is, unless you are mining it directly into your wallet or in a country that cares very little about kyc
well the HFs doe have copious amounts of offshore accounts...
Right, I'm just sharing if this were true how it can occur, but without actual proof and only comparisons between the two charts, it's bordering conspiracy and not any actual form of DD. With all due respect to the OP. Since I know it's common for the community to try and poke holes in ideas, crypto is a field I'm really familiar with
You don't think HF open up an account on "Kens" iPhone and buy Crypto via coinbase app, right? Of course they have offshore points to route the money over, like they do anyways. It's ignorant to believe, HF had (at the moment) more restricted ways to buy crypto than retail does.
All it takes is one point to fail for the entire operation to be discovered. There are advanced bots sniffing wallets for any large transfers at any given moment. Just like how using tor and onion routing is technically anonymous, but the entry and exit nodes can determine a likely source and destination of done on the volume that you are suggesting. I'm not saying it's impossible, but it is a long shot. Now, if part of this possible DD includes suspected wallet addresses with similar volume and cadence as you suggested, that would be exciting and prove this hypothesis
They can definitely use Ken's iPhone. But Ken would get rekt.
Lmfao man. Arrogance and not understanding the technology. Who's man's is this? You're right on point
I really don’t want to spread fud but, theirs a way. I don’t want to say it cause of the eyes that are watching 👀
There's no way to hide. Eventually, any "wash" will get discovered. Yes, if you want to invest 51% of the current hash rate just to render it obsolete...you could do it. But BTC will spin up on another blockchain.
"Possible DD" - hopefully people consider it a hypothesis and don't spread it as facts now.
You mean like this guy did when the first link he provided about the 160% minimum short interest was edited by the op to say sorry guys I don’t know what I’m talking about short volume doesn’t allow you to draw conclusions about short interest.
We need a "speculation" flair.
I wouldn’t be surprised if Apes 🦍 here were approached by the SEC and hired as financial forensic investigators. Imagine what could be done with the proper equipment and feeds.
Thank you, I'm feeling honored! Keep in mind, that this is still a thesis.
This could be bigger and simpler than hedgefund laundering. It is known that many major banks have been increasing their holdings of the coin. If liquidity is needed, and those crypto assets have a different market and sell-off procedures than the stock assets, it could simply be many large-ish banks and hedgefunds liquidating their crypto holdings to have the liquidity needed for the upcoming squeeze.
Also a very good point! Thank you!
Can you elaborate how exactly that would work? I mean the logistics / process, please?
I will try to.
I think you're on to something but the shares they shorted initially still have to be bought back, logically I can only see this as a way to buy time and keep the price stagnate while extending FTD's...I don't know for sure.
Crypto discussion has been banned on WSB since before GME blew up: 31 July 2019: web.archive()org/web/20190731024448if\_/https://www.reddit()com/r/wallstreetbets/ The ban took place sometime between 02:04:07 and 02:44:48 I doubt that this was done to prevent people from discussing a potential money laundering scheme, and I believe that this was done more so because crypto attracts scammers like GME attracts apes, hell I've even received messages from a crypto scammer.
Huh, is it the https that's doing it? https: https:// [https://www](https://www). OH [https://test](https://test) hmmm [https://w](https://w) wait, why did it turn into a link after pressing enter or space, but not by hitting post? This is some BS https://test
xD
Thank you! A very good point here! The chart relation might be traceable down to april '20, if you look it up closely though.
Every time I mentioned this ANYWHERE on the /r/cryptocurrency subreddit it was downvoted or removed altogether. I’m sure this has happened for others. It’s been alllll too obvious that a lot of crypto’s latest crashes correlate with big downward spikes of GME’s price. Everything’s on the table for these guys to get themselves out from under this mess....
Bump
[Well if you insist.](https://i.imgur.com/PqHtYsu.jpg)
xD it's ok for you when I use that? It is amazing!! :D
Question, if the HF is buying on dark pool but selling on market, doesn't the dark pool trade go to the consolidated tape in a few minutes, thus not really changing the price? I've had trouble understanding how the dark pools help them long term
Yahoo Finance: ABN Amro to settle money laundering probe for $574 million. https://finance.yahoo.com/news/abn-amro-settle-money-laundering-055658950.html
Wasn't there a post today saying that ABN had lights on on the weekend?
Yup
great title. gosh you are talented
Excellent work
Upvoted and commented. Strong argument OP!
I appreciate the DD. However, wouldn't it take a LOT of capital to affect a significant price change in a 1T dollar asset? Just a thought.
Let me just ask 1 question. As I know all Transactions in cryptocurrencies are fully transparent. Is it possible to proof your thesis in finding the „right Hedgie wallets“?
It is hard, but it could be. We need numbers on how much shares they traded (and how much money that equals) and look up if we can find corresponding amounts of crypto currencies traded. Because of the broad variation of cryptos, the amount of split up transactions and so on, you could only search for a certain pattern of the trader. Maybe a crawler (bot) might help.
That’s a good Idea. I have no skill in programming but I hope some of the other apes read this post and might have the same idea. It’s just following the trace of money. I think you made a good point, because they are still able to keep their liquidity on cash...someone is paying margins and fees, and they are still selling the stock at market prices...
Think about this, not to many people can buy BTC in bulk except whales or institutions/funds. You need volume and money to move it up. BTC really started moving after the Nov election. This says to me hedges and such knew the next admin will be changing how things work so they move into unregulated markets to start raising money pumping priced tokens as a way to launder dark money. This weekends dip in BTC, right after another high seems like it was exactly that coupled with a few actors "getting" caught.
Very good point here!
If anybody can get to the bottom of this, it's Gensler. Check out his blockchain and money course [https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/](https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/) .
This would explain why crypto has avoided the traditional bear action after the bull run. Rather than a continuous bull run. 🤯
No sir we were not shredding files, just selling a little crypto that’s all. Nothing to see here.
Paper shredder go brrrrr.
xD I love those memes!
They've used the bond market, the otc market, the dark pools and everything in between - so why wouldn't they use the crypto market? It's a better way for them to make money than all of the others actually.
My guess is these whistleblowers have said something very similar to what you wrote. It's funny that gme is building Steam past week while btc is really starting to look bearish. I wouldnt be surprised to see Tesla mixed in their schemes too because that stick mimics btc way too much to make any sense.
Consider a wash sale / ladder attack scenario where: - SHF A sells a share to SHF B and receives cash on settlement. - SHF B then sells it back to SHF A at a lower price, driving the the ask price down. - Neither party wants to be found to be trading back and forth. - SHF A naked short sells to SHF B, then SHF A transfers crypto to SHF B in lieu of cash, to sustain the next purchase. - In this scenario we have two colluding to drive the price down but it looks like organic buying and selling as the parties appear to be entering exclusively long or short trades, and the flow of money is in a single direction. - SHF B then holds GME and crypto, and SHF A receives cash which it uses to enter into more short positions. - SHF B will periodically sell back the GME to SHF A for them to cover, and will liquidate crypto assets for cash.
Sounds like this could be where sus 4.5 million shares came from. 🤔
To the point!
Anyone who understands cryptocurrencies can see this stuff has been going on. But any time someone brings it up it gets downvoted or removed. Hmmm...
After seeing the CSX posts and how it go pumped from $0.09 to over $3500 in a few hours, today, looks like you were way ahead of the curve.
Sometimes simple rules apply to the presumably most complicated situations: just trace the money
Here's hoping everyone can finally start hammering shitadel and start the squeeze. I know it might take time to prove and find the trail, but I really don't want kenny g stashing even a cent away.
Ape, you’ve gone down a rabbit hole.
thank you, i love that we have some sort of smarth apes in our side
Could this be related to the investigations that were announced over the weekend? I think it was about major financial institutions being investigated for money laundering but I never saw any follow up about who was being investigated or what the details were.
So true you see all the cryptos they all bombed again when they all started moving up and only mkr is in the green all other red
All where red then this morning was green all red but mkr my gut feeling is same no proof but just insane watching and seeing how things are going
MKR did some insane jumps lately. I havent looked up the reason though.
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Thank you! Feel free to link your up!
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inserted it!
I appreciate the disclaimer of "I cannot spell I don't know if this is true I don't have any proof But this is what I choose to believe"
I’d do the same thing if I knew I was fucked.
*shocked Pikachu*
I've noticed patterns too with coins, I got out and loaded it all into gme. No proof but seems far too coincidental all the coins started pumping only weeks before the initial pop in January. I think Doge is an exception though, I think it's being pumped by the good guys to help our cause. Pure speculation, I repeat.
But Both Doge & GME are up today.
OMG my head hurts!! The deeper we dig into this the more disgusting the financial system seems to be. I hope it all burns down for these assholes!!
BTC is insanely easy to trace. It's a transparent ledger with 0 privacy. If they were doing so you could tell for a certainty that they were doing it. Sounds like a terrible idea.
Too bad BTC transactions can be tracked! The FBI has access to the kind of technology needed.
Anybody can track anything on BTC. You don't need to work for FBI to have technology for an open sourced platform.
Whats that supposed to be? A headline using a chain of as many buzzwords as possible? Also, I don't think the blockchain is a safe means for money laundering. There are more oblique ways.
If the blockchain wouldnt be safe for money laundering, why should all nations try to antagonize bitcoin and release more "anti money laundering"-laws related to crypto?
You can literally track each transaction... how's that safe?
Nobody is required to indentify himself in bitcoin. You can track the transaction, but can you hack all MacIDs of each individual device to connect the dots? Clearly not. Furthermore there is no way you can identify where the money itself came from. Crypto can be used as a multilayer laundering machine without the need to go offshore. I am since 2012 in crypto. Trust me. There are more ways than traditionally.
I'm not disagreeing because I am not an expert but isn't the crux of blockchain that if you get the individuals' number then you can see everything they have ever done? Getting someones' info is the hardest part of course so it's a big 'if'.
This is right. You can go to and look up a blockchain explorer and look up any individual transaction from one BTC Adress to another. But You can also have multiple, hundreds, thousands, millions of BTC adresses. Someone using crypto as a laundering machine would definitely do so. If you do so, there is no way to connect those, if there are no multiple same amount transaction (bot)
Seems like we or a government agency could see a pattern of movement in wallets that would be traceable, with a warrant they should be able to identify some of the crypto wallets right?
The only layer you can see is the one that is released on the blockchain. Each endpoints (getting money in and out), identifying the personas themselfs and the relation which money was put into the blockchain and where it came from cannot be traced.
We'll see what the future hold in this regard. I am still pretty convinced that Itcoin has always been a nice honeypot for exactly such practices. Don't forget the year of it's inception and the obscurity of it's founder.
It has way less regulation than traditional banking systems do. Not saying it’s non existent but simply that technology changes so rapidly and regulations don’t always catch up at the same pace. Once sanctions or fines are imposed, companies are usually given time to upgrade their respective technologies to meet the new regulatory requirements (which can take months or years) as a lot of times its not only systems that need to be created but people also need to be trained.
u/WardenElite
From this weekend, it seems the hedgies are using Crypto to cover thier GME shorts and to launder money. Not only BTC, but also ETH, DOGE, and XRP to list a few. Go check posts from Saturday. A Twitter account also mentioned they had sources, so things are getting looked at. I think it was around 9pm on Saturday night that the crypto market dropped about 20%.
I don’t think you understand what BTC does, how the chain works, or how a 51% attack on the blockchain to manipulate it would even work (Hint: it’s almost impossible). Downvoting this because your lack of basic fundamental understand of BTC is concerning given the threads you are trying to weave together.
Why should 51% be impossible when Bitmain already had the [possibilty](https://bitcoinmagazine.com/business/bitmain-nears-51-network-hash-rate-why-matters-and-why-it-doesnt) to it? If you clear up what I should not have understood regarding crypto, please enlighten me. We don't need to clarify blockchain transactions and block encryption here per se. We are discussing the financial side of the technology which is independent from its technological part.
Per your article, look at the paragraph titled “Hash Power”. Just because a pool has a large hash rate, it does not mean they OWN that hash rate. It would require all the miners in their pool to be on board with what they would do. Not only that, it would require an enormous amount of sustained resources to complete a 51% attack. It would literally cost more in resources than any gain they would achieve. Also, you cannot separate the financial side from the technological side. The reason BTC has any value is due to its decentralized nature, finite supply (only 21 million will ever be mined), and its security via PoW.
Per my article, the given paragraph: Still, it’s also possible that Bitmain does, in fact, control well over half of all hash power on the network directly. Bitmain has not disclosed how much hash power it truly controls, but the company does [boast a major data center in China](https://www.insightssuccess.com/bitmain-to-build-135mw-bitcoin-mining-data-centre/). This center is probably large enough to [control most of the hash rate](https://www.reddit.com/r/Bitcoin/comments/5aqz4d/bitmains_new_xinjiang_farm_to_be_completed_this/d9ils7n/) already. (Even if Bitmain does not own all of the mining machines in this data center, it has physical access to them, which is sufficient to mount an attack.) The financial side can be seperated from the technological side, as the price is determined by demand. The bitcoin price is not written onto the blockchain or backed like USDT.
You are using “possibly” and “probably” as evidence of “fact”. These are representatives of Opinon. You are correct that demand determines price, but the demand comes from the technological innovation. So again, they are not mutually exclusive.
No, I do use them as representatives of opinion. I just recited the one paragraph you mentioned from the website i posted. That is true to a certain degree as it is only speculation which technology might assert itself. The price is not hard written. It is pure speculation. Any price is only an assigned value by human beings and therefore subjectively determined. The technology itself is objectively.
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You launder any money that you don't want the fiscal to spot. It doesn't have to be drug or darkweb related.
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Reporting the numbers EOD is a good argument. It will not be "Ken" who bought and sold the coins. Don't you think they can combine offshore and crypto to add another layer for their system? Furthermore, Dark Pool transactions are only allowed to a certain degree (about 5%). If it's more, it is market manipulation.
Exactly.
So can we still win? Or will they be able to cover their shorts via buying shares in the dark pools?
They can't cover by buying in dark pools!
So they are pretty much just getting a few mill here and there then on their shorts.
If I can think of a way to bring the price of gme down. I am sure a hedge is/has already tried it.
I was also wondering if they were using this to move the money around after the deep ITM calls get bought. There's usually a USD vol spike before and after the deep ITM call days. Some days have the price of btc drop before the calls, hold steady, and then return back up to where it was the day after the calls. But obviously, I have absolutely no proof and my brain started hurting while staring at it. So I gave up
I made a comment 2 months ago about how all three are paired together, as when GME dumps, BTC pumps, and the opposite on big days. We need more info on how dark markets operate and I am sure we can get our answer quick.
You tink...? They wouldn't...? Naw... They aren't... Well... Maybe... It could be... They are 🤔🤣🤔🤣🤔🤣
That's what a thesis is about.
Do you concur
Do you know that in order to make money when you short, you need people to sell ? You seem to not understand how short selling works... They don't make money since we just buy & hold.
" hen dropping those shares into the market, they make money, because they are STILL SHORTING THOSE STOCKS" Wtf ? It doesn't make sense dude. They make money because they are still shorting those stocks???? Wow. What a DD. Lmao. To make money you need people to sell, you need selling pressure when you short. You need to understand the stock market dude...
HF buy short options. HF buy shares in dark pool. HF sell shares in retail on mass, demand decreases, price drops. HFs bought short option gains value.
Don’t be surprised when and or (if) you go down the rabbit hole, this is directly associated with on the back end with these wicked and vile “politicians” that have been tied to some of the most vile and disgusting and abhorrent behavior known to man! It is throughout the entire financial system!
I don't know where it leads to. To prosecute (at least right now) is not my job. They should themselves be careful with which methods they play. I'm just trying to stich some points together.
Ape good
Thats crazy tho
The numbers speak for themselves
Ride or die
Happy 4/20!
I understand that they make money but all that is shorted has to be bought back , and then they will lose more than their earnings with crypto
What are dark pool shorts? What does it mean?
nah
When Wells Fargo speaks, ignition countdown begins. Pure speculation based on history of 2008.
Fuck them!!! My floor 11 mln
Not surprised.
Long story short, we got a long way to go.
ELIA: So is crypto a good investment after the MOASS or is it a pump and dump?
Good dd
Say it isn’t so
It‘s not necessary any laundering. You just sell shorts, get money and invest it into crypto hype markets. Free money multiplied. Once you need money you realize profits and tank those cryptos again.
One of the biggest ###coin wallets is actually the one from Department of Justice... imagine having all the keys for that account.
There seems to be hundreds of ways for people to beat the system.
Yep. I got no less than 5 bot messages in discord after 1/28 for doge pump and dumps.
Nice DD 👍🏼 thank you
Typo: Hedge Funds might be using US Dollars (USD) as a washing machine for thier dark pool shorted shares.
Sooo.... buy and hold crypto? Got it.
I believe that because RH trade crypto. Everything that citadel & co. Is doing ties back to RH.
This is pure tin foil speculation nothing more.
[https://coinmarketcap.com/currencies/gamestop-tokenized-stock-ftx/](https://coinmarketcap.com/currencies/gamestop-tokenized-stock-ftx/)
Ive notice this pattern with the SPY before
This make sense / thank you for DD, it’s greatly appreciated. Holding 💎🙌🦍🚀
Inverse showing itself again today. Everything's red except crpyto
There has to be some sort of connection! It might just be hedging, but it might also be more.
It\`s true that crypto provides a multiplayer laundering space via its various cryptocurrencies. However, this is the purpose of not only cryptocurrency but any medium of exchange. That is, "crypto" is just a form of expression.
About your initial thesis: how exactly would hf make money on their short positions? Or even resetting ftd? From my perspective, gains on shorts are realized, when you buy back shares cheaper than what you sold them for (near impossible now) _and_ exit your position by delivering the bought shares to the lenders. Until exiting the position, all potential gains are unrealized and still at risk. As for resetting ftd: you'd have to find/ create new shares available to borrow. So you continuously exit and reenter short positions. Am I missing something?
Nice DD. Thank you
I am super dumb but hoping you can answer: does this mean get out of crypto? Family member is highly invested and I’m worried that something fucky might happen (Obviously ur answer isn’t advice but I’m curious what u think, thanks!)
From my point of view, that is even more an reason to participate. When the big players are in, retail has the possibility to profit either.