Crypto collapse: Gemini vs DCG, New York charges Mashinsky in Celsius, Voyager sale troubles, Silvergate troubles, Wintermute
We’re all trying to find the guy who did this, but in stereo.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
We’re all trying to find the guy who did this, but in stereo.
Caroline realised the other guy in the prisoner’s dilemma was Sam, and mashed the “betray” button as hard and fast as was humanly possible.
The nuanced ingredient is crime.
“the contagion effect of everyone noticing all the exchanges are insolvent”
“I think we’re shortly to find that embedded leverage in the sector was far, far higher than anyone, even its most ardent critics, expected.”
“All crypto exchanges can be considered as being in a quantum state of Quadriga: until you open the box it is impossible to know if the money is inside or not, but it definitely won’t be by the time anyone decides to look.”
All crypto companies are as Quadriga as they can get away with. All of them.
Crypto had its Bear Stearns. Are we up to Lehman Brothers yet?
“I used to be an investor like you, until I took three arrows to the knee.”
Pension plans and funds are supposed to put the money that will take you through retirement into capable and diligent hands.