{"id":22162,"date":"2022-03-11T23:12:37","date_gmt":"2022-03-11T23:12:37","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=22162"},"modified":"2022-04-11T13:54:33","modified_gmt":"2022-04-11T13:54:33","slug":"news-sanctioned-russians-try-to-dump-bitcoin-no-crypto-atms-in-the-uk-bored-apes-underwear-fails-associated-press-nft-plan-football-sponsorships-how-facebooks-diem-died","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2022\/03\/11\/news-sanctioned-russians-try-to-dump-bitcoin-no-crypto-atms-in-the-uk-bored-apes-underwear-fails-associated-press-nft-plan-football-sponsorships-how-facebooks-diem-died\/","title":{"rendered":"News: Sanctioned Russians try to dump Bitcoin; no crypto ATMs in the UK; Bored Apes underwear fails; Associated Press NFT plan; football sponsorships; how Facebook&#8217;s Diem died"},"content":{"rendered":"<ul>\n<li>You can support my work by signing up for the Patreon \u2014 $5 or $20 a month, or what you have. It really does help. [<a href=\"https:\/\/www.patreon.com\/davidgerard\"><i>Patreon<\/i><\/a>]<\/li>\n<li>Patrons can get some <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/03\/04\/news-fca-versus-uk-crypto-infura-sanctions-on-ethereum-bitmex-reed-headed-for-trial-india\/\">&#8220;Bitcoin: It can&#8217;t be that stupid&#8221; stickers<\/a> if they send me their postal address! [<a href=\"https:\/\/www.patreon.com\/posts\/for-patrons-free-63317340\"><em>Patreon<\/em><\/a>]<\/li>\n<li><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/11\/26\/get-signed-copies-of-libra-shrugged-and-attack-of-the-50-foot-blockchain\/\">Books, I&#8217;ve got books! \u00a325 the pair, plus postage.<\/a> You get a couple of stickers too.<\/li>\n<li>Sign up to get these newsletters \u2014 and all other blog posts \u2014 by email the moment they go up. [<a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/02\/07\/news-world-wildlife-nft-diem-sale-details-eccb-dcash-offline\/#byemail\"><i>scroll down, or click here<\/i><\/a>]<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cIt can\u2019t be that stupid. You must be explaining it wrong.\u201d Brilliant. Thank you for the supreme stickers, <a href=\"https:\/\/twitter.com\/davidgerard?ref_src=twsrc%5Etfw\">@davidgerard<\/a>! If you\u2019ve found David\u2019s articles as helpful as I have, support him on Patreon so that he can continue to write more: <a href=\"https:\/\/t.co\/CXW0LLf6Pg\">https:\/\/t.co\/CXW0LLf6Pg<\/a> <a href=\"https:\/\/t.co\/HWPsjAlLzd\">pic.twitter.com\/HWPsjAlLzd<\/a><\/p>\n<p>&mdash; Jack Lowe (@MrJackLowe) <a href=\"https:\/\/twitter.com\/MrJackLowe\/status\/1501217099066363916?ref_src=twsrc%5Etfw\">March 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h3>I hate the guts of Shakin&#8217; Stevens for what he has done<\/h3>\n<p>I <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/03\/03\/foreign-policy-cryptocurrency-is-no-fix-for-russias-sanctions-woes\/\">noted in Foreign Policy<\/a> last week that Russia couldn\u2019t use crypto to get around sanctions. They\u2019d need huge cash transactions, on the order of hundreds of millions of dollars \u2014 and <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2018\/01\/04\/why-you-cant-cash-out-pt-3-bitcoin-is-not-a-ponzi-scheme-it-just-works-like-one\/\">there just weren\u2019t that many actual dollars in the crypto trading system.<\/a> But I thought sanctioned individuals could maybe get a few millions in cash out, if they did it carefully.<\/p>\n<p>So sanctioned Russian crypto holders are showing the calm restraint we\u2019ve come to expect from crypto bros \u2014 they\u2019re in Dubai trying to liquidate <i>billions<\/i> of dollars\u2019 alleged value of bitcoins, in single lumps. From Reuters:<\/p>\n<blockquote><p>One crypto firm has received lots of queries in the past 10 days from Swiss brokers asking to liquidate billions of dollars of bitcoin because their clients are afraid Switzerland will freeze their assets, one executive said, adding that none of the requests had been for less than $2 billion.<\/p><\/blockquote>\n<p>Good luck with that. Perhaps they can dump their hodling over-the-counter, at a swingeing discount. [<a href=\"https:\/\/financialpost.com\/pmn\/business-pmn\/russians-liquidating-crypto-in-the-uae-to-seek-safe-havens\"><i>Financial Post<\/i><\/a>]<\/p>\n<p>Ethereum mixer Tornado Cash \u2014 which is run by known and touchable individuals \u2014 says it won\u2019t implement sanctions on Russia, and it doesn\u2019t have to, because it\u2019s an anonymiser. I\u2019m sure that\u2019s definitely the one weird trick that will completely fox everyone involved in policing international sanctions. [<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-03-10\/crypto-obfuscator-tornado-doesn-t-plan-to-comply-with-sanctions\"><i>Bloomberg<\/i><\/a>]<\/p>\n<p>After dragging their feet as absolutely long as they could get away with it, Coinbase finally blocked 25,000 blockchain addresses linked to sanctioned Russian users \u2014 both known addresses of sanctioned individuals, and addresses that blockchain analytics suggest are linked to the sanctioned individuals. Coinbase says this is 0.2% of their 11.4 million active monthly user base. [<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-03-07\/coinbase-blocks-25-000-crypto-wallets-linked-to-russian-users\"><i>Bloomberg<\/i><\/a>]<\/p>\n<h3>English scheme<\/h3>\n<p>Good news for Bitcoin in the UK \u2014 the Financial Conduct Authority has told crypto ATM operators to shut all their machines down, or face enforcement action.<\/p>\n<p>Coin ATM Radar shows 81 machines operating in the UK, or one for every 750,000 people \u2014 further proof that we\u2019re <i>still early. <\/i>There are eight companies operating the machines \u2014 none of whom are licensed by the FCA to do so.<\/p>\n<p>One such company, Gidiplus, recently lost an appeal they brought against the FCA. Gidiplus Bitcoin ATMs were one-way \u2014 they only sold bitcoins for cash, Gidiplus didn&#8217;t buy bitcoins from customers.<\/p>\n<p>The FCA refused Gidiplus\u2019 application on the basis that neither Gidiplus nor its owner, Olumide Osunkoya, could be trusted to comply with money-laundering rules, given his admitted history of lying to banks about his business:<\/p>\n<blockquote><p>In an interview he gave to the police in 2018 who were investigating possible money laundering breaches, he misled three banks as to the true nature of Gidiplus\u2019s business. He acknowledged that he had deliberately not informed the first two banks that Gidiplus was a CATM [<i>crypto ATM<\/i>] business on the basis that, if he had done so, the accounts would have been shut down immediately.<\/p><\/blockquote>\n<p>The tribunal rejected the appeal. [<a href=\"https:\/\/www.fca.org.uk\/news\/news-stories\/warning-illegal-crypto-atms-operating-uk\"><i>FCA<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.telegraph.co.uk\/business\/2022\/03\/11\/bitcoin-cashpoints-forced-shut-declared-illegal\/\"><i>Daily Telegraph<\/i><\/a><i>; <\/i><a href=\"https:\/\/assets.publishing.service.gov.uk\/media\/620e646cd3bf7f4f0feeef5f\/Gidiplus_Limited_v_FCA_Suspension_Decision.pdf\"><i>tribunal decision<\/i><\/a><i>, PDF<\/i>]<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/03\/11\/news-sanctioned-russians-try-to-dump-bitcoin-no-crypto-atms-in-the-uk-bored-apes-underwear-fails-associated-press-nft-plan-football-sponsorships-how-facebooks-diem-died\/meundies-nft\/\" rel=\"attachment wp-att-22166\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22166\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/03\/meundies-nft.png\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/03\/meundies-nft.png 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/03\/meundies-nft-300x185.png 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/03\/meundies-nft-348x215.png 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Monkey laundering<\/h3>\n<p>Underwear subscription service MeUndies tweeted a Bored Ape on 27 January, with plans to print Bored Apes on underpants. After the sort of customer backlash that <i>always<\/i> follows plans to go NFT, the company has reversed the decision. [<a href=\"https:\/\/twitter.com\/MeUndies\/status\/1486751541075890177\"><i>Twitter<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.reddit.com\/r\/MeUndies\/comments\/taewu2\/an_update_on_our_nft\/\"><i>Reddit<\/i><\/a>]<\/p>\n<p>Molly White of Web 3 Is Going Great notes that the Bored Ape that MeUndies tweeted, BAYC #3986, \u201chas been repeatedly listed for sale every few days since. Why would they keep trying to resell if they were planning to use it for a line of products?\u201d Replies speculate that MeUndies discovered too late that the NFT market is fake and secondary sales pretty much don\u2019t exist; that they were reluctant to take a loss, but couldn\u2019t make a sale before they had to announce they were dropping the NFT plan. [<a href=\"https:\/\/twitter.com\/molly0xFFF\/status\/1502330539617005571\"><i>Twitter<\/i><\/a>]<\/p>\n<p>In the early 2000s, LimeWire was one of the most popular MP3 download sharing networks. The name \u201cLimeWire\u201d is relaunching as an NFT marketplace. From DRM-free music to music-free DRM. [<a href=\"https:\/\/www.cnbc.com\/2022\/03\/09\/limewire-former-file-sharing-site-to-relaunch-as-nft-marketplace.html\"><i>CNBC<\/i><\/a>]<\/p>\n<p>Molly White did a talk to Stanford students about user generated content on the blockchain, immutability, and how to deal with abusive users. [<a href=\"https:\/\/www.youtube.com\/watch?v=hXBZ-BXfCSY\"><i>YouTube<\/i><\/a>]<\/p>\n<h3>Mere pseud mag ed<\/h3>\n<p>What does the Associated Press expect from its NFT programme? To put its entire archive of text and pictures behind impregnable DRM. Copying AP images should <i>not be possible<\/i>, and independent non-AP archive sites should <i>not be possible<\/i>.<\/p>\n<p>Dwayne Desaulniers, the executive in charge of the NFT project, seems to have been told that this level of DRM is a thing that can be done. It\u2019s not a thing that can be done. &#8220;gack! from our industry&#8217;s perspective, the internet has deeply dreadful shortcomings.&#8221; I bet it does. [<a href=\"https:\/\/twitter.com\/tante\/status\/1497263789007413254\"><i>Twitter<\/i><\/a><i>; <\/i><a href=\"https:\/\/twitter.com\/fr_brennan\/status\/1497262530112237569\"><i>Twitter<\/i><\/a>]<\/p>\n<p>The Associated Press launched its NFT programme with a photo of an overcrowded rubber refugee boat off the north coast of Libya. After universal backlash, the AP deleted the image, calling it \u201ca poor choice of imagery for an NFT.\u201d [<a href=\"https:\/\/www.theguardian.com\/technology\/2022\/feb\/24\/profiting-off-suffering-ap-cancels-sale-of-migrant-boat-nft-amid-backlash\"><i>Guardian<\/i><\/a>]<\/p>\n<p>If someone from the Associated Press ever asks to take a photo of you, get a guarantee in writing that it will not be turned into an NFT, listing enforceable financial penalties should they do so.<\/p>\n<h3>Kicker conspiracy<\/h3>\n<p>English Premier League team Manchester City has a new sponsorship deal, with crypto exchange OKX! (Formerly known as OKex.) There is the minor detail that the advertisements originally offered crypto derivatives, which are illegal to sell to retail investors in the UK. OKX removed that bit when Joey d\u2019Urso called from The Athletic UK. [<a href=\"https:\/\/theathletic.com\/news\/manchester-citys-new-crypto-sponsor-offering-banned-product-to-uk-consumers\/kTHNVcGNPy7K\/\"><i>Athletic UK<\/i><\/a><i>, semi-paywalled<\/i>]<\/p>\n<p>John Terry\u2019s <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/02\/07\/news-world-wildlife-nft-diem-sale-details-eccb-dcash-offline\/\">totally-not-officially-Premier-League<\/a> Ape Kids Football Club NFTs are down 90% in price since launch. You\u2019d almost think the NFT market was fake. England internationals Tammy Abraham and Ashley Cole have quietly deleted their endorsements. [<a href=\"https:\/\/theathletic.com\/news\/john-terrys-nft-collection-plunges-90-in-value\/O0qBVJcqpDit\/\"><i>Athletic UK<\/i><\/a><i>, semi-paywalled<\/i>]<\/p>\n<p>Crypto.com has been doing the rounds of the Australian Football League, the latest victim being the Fremantle Dockers. \u201cPartnering with [<i>name of club<\/i>] demonstrates our continued commitment to the AFL and Australian sport, and cements our position as a leader in the Australian market,\u201d said Crypto.com General Manager Asia &amp; Pacific, Karl Mohan, in four supposedly different press releases. The AFL has previously declared McDonalds \u201cthe official restaurant of the AFL\u201d \u2014 so for all their popularity and buckets of money, it\u2019s not like the AFL ever had standards. [<a href=\"https:\/\/www.fremantlefc.com.au\/news\/1074704\/fremantle-announces-partnership-with-cryptocom\"><i>Fremantle Dockers press release<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.richmondfc.com.au\/news\/1074346\/tigers-begin-exciting-new-partnership-with-cryptocom\"><i>Richmond press release<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.gwsgiants.com.au\/news\/1074662\/giants-announce-partnership-with-crypto-com\"><i>Giants press release<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.goldcoastfc.com.au\/news\/1074689\/suns-announce-partnership-with-crypto-com\"><i>Suns press release<\/i><\/a>]<\/p>\n<h3>Carpe Diem<\/h3>\n<p>Hannah Murphy and Kiran Stacey have an amazingly good long read in the Financial Times on the misbegotten nightmare zombie project that was Facebook&#8217;s Libra, later Diem. (I\u2019m quoted, and <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/libra\/\"><i>Libra Shrugged<\/i><\/a> is mentioned.)<\/p>\n<p>It was Secretary of the Treasury Janice Yellen who delivered the coup de grace, two years after the <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2020\/07\/20\/facebooks-libra-was-dead-as-of-july-2019\/\">July 2019 Congressional hearings<\/a> struck the mortal blow. Jay Powell of the Federal Reserve was happy for Diem to proceed with their retail stablecoin, with the dollars held in Silvergate Bank \u2014 but Yellen wasn\u2019t.<\/p>\n<p>The new details on the collapse of Diem are remarkable. Did you know Facebook went to the Winklevoss twins to try to save Diem? [<a href=\"https:\/\/www.ft.com\/content\/a88fb591-72d5-4b6b-bb5d-223adfb893f3\"><i>FT<\/i><\/a><i>, paywalled<\/i>]<\/p>\n<h3>Regulatory clarity<\/h3>\n<p>Sam Reed from BitMEX has pleaded guilty to violating the Bank Secrecy Act by willfully failing to maintain an anti-money laundering programme at BitMEX. Reed will pay a $10 million fine, like <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/02\/24\/news-opensea-phishing-attack-bitmex-execs-plead-guilty-2016-dao-hacker-maybe-found-cryptsy-indictment\/\">Arthur Hayes and Ben Delo<\/a> did. [<a href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/third-founder-cryptocurrency-exchange-pleads-guilty-bank-secrecy-act-violations\"><i>Justice Department<\/i><\/a>]<\/p>\n<p>The SEC has charged siblings John and Tina Barksdale with taking over $124 million from retail investors through two fraudulent unregistered ICO offerings of \u201cOrmeus Coin,\u201d from 2017 to the present day. The Department of Justice has also filed fraud charges against John Barksdale. [<a href=\"https:\/\/www.sec.gov\/news\/press-release\/2022-37\"><i>SEC press release<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.sec.gov\/litigation\/complaints\/2022\/comp-pr2022-37.pdf\"><i>SEC complaint<\/i><\/a><i>, PDF;<\/i><a href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/john-barksdale-charged-cryptocurrency-securities-fraud-connection-sale-ormeus-coin\"><i> Justice Department press release<\/i><\/a><i>; <\/i><a href=\"https:\/\/www.justice.gov\/usao-sdny\/press-release\/file\/1480836\/download\"><i>Justice Department indictment<\/i><\/a><i>, PDF<\/i>]<\/p>\n<p>BitConnect is a crypto Ponzi scheme that collapsed in January 2018. The US Department of Justice finally indicted the actual founder of BitConnect, Satish Kumbhani, in late February 2022. Sure took their sweet time on this one. Kumbhani has since disappeared. [<a href=\"https:\/\/www.justice.gov\/opa\/pr\/bitconnect-founder-indicted-global-24-billion-cryptocurrency-scheme\"><i>press release<\/i><\/a>]<\/p>\n<h3>Lie dream of a casino soul<\/h3>\n<p>In February Korean crypto exchange KLAYswap was hacked by forging BGP, the Internet protocol that tells data packets where to go when you try to access an Internet address. A post on Freedom to Tinker sets out precisely what happened \u2014 the attacker sent a fake BGP route, got the exchange\u2019s customers to load their malicious JavaScript file instead of the real one, and took their cryptos. The attacker even got an SSL certificate to authenticate their fake download. The good bit \u2014 this attack is almost impossible to mitigate against, because it\u2019s inherent to how the Internet works. [<a href=\"https:\/\/medium.com\/s2wblog\/post-mortem-of-klayswap-incident-through-bgp-hijacking-898f26727d66\"><i>S2W<\/i><\/a><i>, in Korean; <\/i><a href=\"https:\/\/freedom-to-tinker.com\/2022\/03\/09\/attackers-exploit-fundamental-flaw-in-the-webs-security-to-steal-2-million-in-cryptocurrency\/\"><i>Freedom to Tinker<\/i><\/a>]<\/p>\n<p>Binance claims that it now has two-way access to bank transfers via Paysafe, in euros (via SEPA) and pounds (via Faster Payments) for all European customers, except those in Switzerland or the Netherlands. Despite claiming to accept pounds, Binance is still not allowed to actually operate in the UK. [<a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/f9732c2a76274555983d7f5f8fdfc9fb\"><i>Binance<\/i><\/a>]<\/p>\n<h3>Things happen<\/h3>\n<p>The Eastern Caribbean Central Bank\u2019s DCash CBDC went <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2022\/02\/07\/news-world-wildlife-nft-diem-sale-details-eccb-dcash-offline\/\">out of service on 14 January<\/a> \u2014 because a cryptographic certificate expired in the instance of Hyperledger it runs on. After replacing the Hyperledger installation with a later version, service <i>finally<\/i> resumed on 9 March. [<a href=\"https:\/\/www.eccb-centralbank.org\/news\/view\/dcash-service-resumes\"><i>ECCB<\/i><\/a>]<\/p>\n<p>Republican senators are blocking President Joe Biden\u2019s nominations for the judiciary. What do they want? Senator Cynthia Lummis wants Wyoming\u2019s dodgy \u201cSPDI\u201d crypto banks to get accounts at the Federal Reserve. That\u2019s it, that\u2019s the blockage. [<a href=\"https:\/\/prospect.org\/power\/real-reason-republicans-blocking-bidens-fed-nominees\/\"><i>American Prospect<\/i><\/a>]<\/p>\n<p>Tether ran a streamed presentation in Lugano, Switzerland, on 3 March, \u201cLugano\u2019s Plan \u20bf\u201d \u2014 featuring Paolo Ardoino on stage, and the elusive iFinex CEO Jean Louis Van Der Velde by video. Michele Foletti, mayor of Lugano, declared that Tether would be legal tender in Lugano! He later clarified that Tether was legal tender in the sense of not being legal tender. But you <i>could<\/i> pay for things using Tether, if the shop accepted it. [<a href=\"https:\/\/www.swissinfo.ch\/eng\/business\/death--taxes-and-crypto--lugano-tethers-ambitions-to-stablecoin\/47409252\"><i>Swissinfo<\/i><\/a>]<\/p>\n<p>Samson Mow, who put together <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2021\/11\/21\/el-salvador-a-1-billion-bitcoin-bond-to-set-up-bitcoin-city\/\">El Salvador\u2019s Bitcoin Bonds,<\/a> has finished working at Blockstream. He looks to branch out into \u201cnation-state Bitcoin adoption!\u201d [<a href=\"https:\/\/twitter.com\/Excellion\/status\/1498680531520827399\"><i>Twitter<\/i><\/a>]<\/p>\n<p>DAOs remain foolish. Getting an unincorporated bunch of guys together and making up your business organisation as you go along is a recipe for disaster, fraud, unanticipated unlimited personal liability, and \u2014 of course \u2014 comedy gold. [<a href=\"https:\/\/www.nytimes.com\/2022\/03\/08\/us\/politics\/cryptocurrency-dao.html\"><i>New York Times<\/i><\/a>]<\/p>\n<h3>Hot takes<\/h3>\n<p>Ben McKenzie, world\u2019s most famous nocoiner, is interviewed in The Cut. [<a href=\"https:\/\/www.thecut.com\/article\/benjamin-mckenzie-crypto-profile.html\"><i>The Cut<\/i><\/a>]<\/p>\n<p>Motherlode is a podcast series about the cypherpunk subculture of the 1990s, particularly through the lens of Julian Assange. Episode 6 has a bit about my old anti-Scientology site on Suburbia.net [<a href=\"https:\/\/suburbia.net\/~fun\/scn\/\"><i>Suburbia<\/i><\/a>], whose sysadmin at the time was Julian Assange (27:38 on). Episode 7 is on Wikileaks, with me from 22:10 \u2014 Assange has said that the experience of hosting my Scientology site helped him realise Wikileaks could work. [<a href=\"https:\/\/art19.com\/shows\/motherlode\/episodes\/23dc9407-7c9b-46b3-9bad-83bbb2a10d2c\"><i>Art19<\/i><\/a><i>; <\/i><a href=\"https:\/\/art19.com\/shows\/motherlode\/episodes\/528cd9d3-66de-440a-9a24-4fe5a648f739\"><i>Art19<\/i><\/a>]<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Received a scam email from &quot;MetaMask&quot; and have been sure to respond <a href=\"https:\/\/t.co\/7X84yb26oH\">pic.twitter.com\/7X84yb26oH<\/a><\/p>\n<p>&mdash; Punished Tsukasa Sagawa (@Bloonface) <a href=\"https:\/\/twitter.com\/Bloonface\/status\/1500132473753288705?ref_src=twsrc%5Etfw\">March 5, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I honestly have no doubt that <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> will go to $1,000,000 at some point.<\/p>\n<p>I have produced a complex model (in Excel) to support it.<\/p>\n<p>I hope you enjoy. <a href=\"https:\/\/t.co\/Q1xMfPZI4K\">pic.twitter.com\/Q1xMfPZI4K<\/a><\/p>\n<p>&mdash; Charlie (@btc_charlie) <a href=\"https:\/\/twitter.com\/btc_charlie\/status\/1500536395168948227?ref_src=twsrc%5Etfw\">March 6, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I think if Putin tries LN we can write a kid&#39;s book: &quot;Lightning Network and the time when Putin tried to evade sanctions just to end with his transaction stuck due to lack of a channel with enough liquidity&quot;<\/p>\n<p>\ud83e\udd2d <a href=\"https:\/\/t.co\/2QDg7eKBeR\">https:\/\/t.co\/2QDg7eKBeR<\/a><\/p>\n<p>&mdash; \ud83d\udd25 Mario G\u00f3mez :: El Se\u00f1or del Caos :: \u03b3 \ud83d\udd25 (@mxgxw_gamma) <a href=\"https:\/\/twitter.com\/mxgxw_gamma\/status\/1502050647562141697?ref_src=twsrc%5Etfw\">March 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>You can&#8217;t cash in billions of dollars of bitcoins instantly \u2014 but sanctioned Russians are trying.<\/p>\n","protected":false},"author":1,"featured_media":22166,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[2807,2806,865,2814,568,402,1067,1605,2617,288,2812,479,1988,2085,5,2667,1984,166,2799,64,2169,2149,1363,2808,2708,674,2811,1328,2802,6,2803,2801,2813,2685,2815,2020,653,2804,2800,2810,722,1510,137,1604,2016,2431,33,118,2805,39,2809,1796,457,745,1556],"class_list":["post-22162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-afl","tag-ashley-cole","tag-associated-press","tag-ben-mckenzie","tag-binance","tag-bitconnect","tag-bitmex","tag-blockstream","tag-bored-apes","tag-coinbase","tag-cynthia-lummis","tag-dao","tag-dcash","tag-diem","tag-dubai","tag-dwayne-desaulniers","tag-eccb","tag-fca","tag-gidiplus","tag-hyperledger","tag-janet-yellen","tag-jean-louis-van-der-velde","tag-jerome-powell","tag-john-barksdale","tag-john-terry","tag-justice-department","tag-klayswap","tag-libra","tag-limewire","tag-links","tag-manchester-city","tag-meundies","tag-michele-foletti","tag-molly-white","tag-motherlode","tag-nft","tag-okex","tag-okx","tag-olumide-osunkoya","tag-ormeus","tag-paolo-ardoino","tag-podcast","tag-russia","tag-samson-mow","tag-samuel-reed","tag-satish-kumbhani","tag-sec","tag-switzerland","tag-tammy-abraham","tag-tether","tag-tina-barksdale","tag-tornadocash","tag-united-kingdom","tag-united-states","tag-wyoming"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2022\/03\/meundies-nft.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/22162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=22162"}],"version-history":[{"count":23,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/22162\/revisions"}],"predecessor-version":[{"id":22477,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/22162\/revisions\/22477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/22166"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=22162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=22162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=22162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}