Fraud Is Ok Now?

I have not written an email since Dec of 2023, now I would love to say that since then things in crypto have gotten way better, you know we have Trump in office and Bitcoin is in a basket of reserve currencies but ya ugh…. its gotten even worse. It turns out fraud is ok now (but not for you), as long as you leave an easy to follow bread crumb trail online.

The brazen behavior and admitting to fraud on stream becoming so common reminds me of that scene in the Big Short where they are all admitting they are committing securities fraud in housing and Steve Carrell is wondering why they are so dumb, only for his colleague to quickly jump in to tell him that they are bragging. Ya its a lot like that.

In just the last 2 months, we got a $TRUMP coin (borderline rug), a $MELANIA coin (rug), a $ENRON coin (rug), and just yesterday (currently blowing up on X) a $LIBRA coin (backed by the president of Argentina himself), which was also rugged. It turns out these broccoli headed nerds are somehow getting the drop or have a contact inside the team (which looks like the same team at this point) as they have been buying early and profiting 10s of millions on these launches, only to later rug. Last time I checked, things were getting so loud that the opposition party to Milei is attempting to use this rug pull as means to overthrow/call for emergency election to get him out, not to mention all the influencers sending death threats now his way.

Here is a lawsuit that already popped up

https://x.com/banditxbt/status/1891235585727082514

And we are just 2 months into the new administration!

Buckle up bros!

It will be fun to watch them all turn on each other, which is already starting, apparently the LA vape syndicate, faze banks, thread guy, champ and luke belmar were all involved/in the know.

Portnoy got jealous all these goyim were making shekels without him and start jumping in on crypto rugs and scams as well, also got early allocation on $LIBRA, he did a space on it today

https://x.com/chooserich/status/1891167931494502538

I am sure at some point Coffeezila or similar will do deep dives, crypto investigators are already flooded with other insiders rating out the publicly known insiders as everyone hunts for the finalized list of all guilty parties. Its quickly turning into a full on man hunt and many OG crypto bros are calling for change in the crypto space.

I will say, the whole crypto space quickly turned into early 2000s stock market dog sht really quick.

If you’re wondering where I have been or what I been up too, I too got to experience getting rug pulled from a crypto scammer, but I was even more dumb and on the team and right next to the guy as he was scamming and then shifting the blame to others. In the end (so far) the team completely fell apart, I was blocked by the “founder” after attempting to hold him accountable too much for his liking and he is currently playing dress up in his basement as the head of a fake mafia family in a game called $MAFIA. Ya good times!

What I have seen over the last few months from other crypto OGs now echos my own personal feelings, I am been in crypto since 2017, I am not an insider by any means and at this point I am burnt out on the space entirely. It went from personal sovereignty to a race to the bottom so fast that I find myself sickened by it.

I have taken a huge step back on crypto (which I already was only passively paying attention) and focusing more on brick and mortar businesses and real estate. I also took a 3 year side quest into all things credit and built and sold a company around that, but will share that in a future email.

That’s it for now….

Ok bye