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Forex Forum Archive for 11/12/2022

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dc CB 22:52 GMT November 12, 2022
EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources

calling Michael Saylor at Microstrategy.......how's in going in your Second Trip down the Fraudster Slide-------

to what I refer? Try and lookup Microstrategy the NoVa based tecj wonder back in day

The Value of Vision Michael Saylor wants MicroStrategy to last as long as the Roman Empire and be as important as GE. Hubris? Sure, but his ambition infects employees and fires up customers.
(FORTUNE Magazine)
By Daniel Roth
May 24, 1999
At four on a recent afternoon, Michael Saylor sat down to explain the history of MicroStrategy, his nine-year-old software company. By 7 P.M., the 34-year-old CEO had spun his company's story over a time line that encompassed explanations of how Roman war chariots begat the modern railroad, the mathematical predictability of Gorbachev's fall from power, the role of titanium in Oreo cookies, the entire plot of a Robert Heinlein book he'd read when he was 12, and the admirable qualities of the beaver.

https://money.cnn.com/magazines/fortune/fortune_archive/1999/05/24/260289/index.htm

Saylor man....

Mtl JP 20:50 GMT November 12, 2022
EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources

BTC $16,820.66 as I type
J.P. Morgan prophesing
-
that Bitcoin could tumble to as low as $13,000 as the industry is rocked by the crisis at the crypto exchange FTX, JP Morgan has warned

Bitcoin Facing An Existential Crisis As Exchange Meltdown Continues

dc CB 20:10 GMT November 12, 2022
EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources

perfect ratio for a CBDC----LOL
This is an in-your-face warning for any CBDCs anywhere in the world.
----------------------------------------------------------------------

Video Emerges Confirming Alameda Knew It Was Pilfering Client Funds

The document, which the FT also tracked down on Saturday and discussed here, and which was shared with prospective investors before the bankruptcy, provides a detailed picture of the financial hole in the FTX crypto empire and suggests customers of FTX international may face steep losses on cash and crypto assets they held on the exchange (and speaking of the 134 subs that FTX listed on its bankruptcy filing, the FT notes that the company had incorrectly listing entities it did not own in its initial filing

FTX Held Just $900MM In Liquid Assets Vs $9BN In Liabilities

GVI 19:10 GMT November 12, 2022
EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources

At least $1 billion of customer funds � and possibly as much as $2 billion � have gone missing in the shocking implosion of the crypto currency exchange FTX, according to reports.

Up to $2 billion in client money missing in crypto giant FTX collapse: report

Mtl JP 18:48 GMT November 12, 2022
mkt

watching yellen
-
EXCLUSIVE India can buy as much Russian oil as it wants, outside price cap, Yellen says
The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap,

As Yellen seeks closer US-India economic ties, India dropped from currency monitoring list

"Yellen Calls for �Stabilizing� U.S. Relations With China Ahead of G20
The Treasury secretary said in an interview that the United States was not trying to �paralyze China�s economy and stop its development.�

Yellen Unfamiliar With New China Economy Heads, Policy Direction
Treasury Secretary Janet Yellen said President Xi Jinping�s consolidation of power in China had brought uncertainty over the direction of economic policy in that country, making it important to re-open the lines of communication between Washington and Beijing

***
America�s treasury secretary is known for her meticulousness and �moral passion�

Yellen. By Jon Hilsenrath. Harper Business; 400 pages; $32.50 and �25

Empathy Economics. Owen Ullmann. PublicAffairs; 480 pages; $32 and �25

Two new biographies explore the rise and reign of Janet Yellen

Caribbean! Rafe... 18:11 GMT November 12, 2022
mkt

dc CB 18:17 GMT 11/11/2022

Besides if diesel looks so expensive then why not use coal?

or better yet...

Bamboo which was planted earlier on in the year.... should have sun dried by now.

Caribbean! Rafe... 18:05 GMT November 12, 2022
Deep Thoughts

Can the FEDS get that money back if helped by ATF?

Caribbean! Rafe... 17:58 GMT November 12, 2022
Deep Thoughts

dc CB 21:38 GMT 11/11/2022

whoa... those creepy images of ditch-coin became legal and now they can file chapter 11 on the basis of computer created images?... is it?.... whoa!!

GVI Forex 08:43 GMT November 12, 2022
EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources
Reply   
New York, Nov 11 (Reuters) - At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.

EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX � sources

 




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