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Watching the flying lawyers, Sammy's final stand of his big wallet fell out onto the word stage. That's funny!!
Was Sammy Fried a pump and dump artist,?? Ya KNOW he was!! Playing crazy whale games? 100% !!
But what WAS in Sammy's last stand?? Besides what we would expect. At the moment FTX froze up like a bug in amber, it will take ten thousand years for the clients to get money out of the flying bankruptcy lawyers ar ar ar
Well, thanks to the wonders of the western world's law system, sometimes we all get to see!! Clever high paid monkey lawyers got the debtor list sealed by getting the case to Delaware, so we miss out on THAT gossip. But let's browse thru Sammy's inner sanctum sanctorum, WTF was in Sammy's wallet??
Well, first up, a big fat list of I.O.U.'s ah ah ha ha ha HA HA HA!!!
TLDR: Sammy owed seventeen billion, 23 billion if ya count the 5 million that whipped outta there on closing day LMAO!!! Ya, but what's FUNNY? Besides Sammy pretending he didn't KNOW he borrowed 8 BILLION from client's accounts....
Sammy OWED 5 BILLION in USD, a bill and a half in BTC, 700 mill in ETH. For some funny reason, he listed separately another 800 million more dollars in USDT. He "owed" Blockfi a quarter billion, Genesis 200 million. An odd hundred million plus in euros, and finally 45 million in LayerZero.
What do we learn?? The only stablecoin mentioned is USDT, THAT'S funny!!! Ties into anti-USDT rumors!!! Or is it a huge vote of confidence in USDT?? Hah. It's funny, Genesis and Blockfi did NOT have THEIR names sealed outta the court list of debtors!!!
LayerZero, WTF does THAT mean? Did Sammy love LayerZero so much he borrowed 45 million of it?? Or did he hate LayerZero so much that he stuck them with 50 million of RADAR while it tanked tanked tanked!!??
TLDR: Radar is LayerZero's chitcoin!!! Lookit that stinker. If Sammy effectively shorted it by loaning it out, he could have easily made a lot over various timeframes shorting THIS dead cat bouncing flatliner altcoin ooh. Then again, RADAR is the coin to be for the first cross chain staking setup!!! Maybe he was gonna pump it later?
Who the eff knows. The mighty Johnny Wedge told us all that Sammy hated ICP, cuz it competed with Sol, and Sol was SAMMYCOIN.
That's funny about Sol, it would explain why Sol had such chitty luck with not the Sol chain exactly collapsing, just everything that touched it like vanity wallet addresses collapsing in a pile of hacked disasters. Sammycoin attracted chitheads!!! ar ar ar !!!
Jonny Wedge said like a master, FTX established a futures market in ICP before ICP even ICO'ed!! Then used it to drive ICP up thru the roof!!! THEN SLAMMED it down like a yo-yo!!! Then kept it down like a bug, cause it competed with Sol!!
Wow, that's even runnier that Sol competitor Avalanche running a law firm using bogus lawsuits due diligence to reveal troves of competitor internal info!!!
So, what was in the ASSET pile of Sammys' wallet!! We might need gloves and gas masks but in we GO BABY!!
TLDR: THIS is funny. What? a LOT!!! First the chitty formatting we would be ashamed to show this spreadsheet to the trading floor. No one cares about that last 277 in PAX, plus we don't believe you. Did the PAX go down 2,000 in one week?? Ar ar ar !! We don't care WHAT your chitcoins were worth LAST week, STFU!!
Actually, it's funny. HOOD dropped a HUNDRED MILLION DOLLARS in value on Sammy's books in ONE WEEK AH HA HA HA HA !!! WTF chitcoin is HOOD? It's a STOCK chitcoin, Sammy's pride and joy, remember when he was gonna easily rewrite the entire online trading world, that was AWESOME ROFL!!! Let's pause to look at that one year with Sammy print for HOOD:
TLDR: ah ha ha ha!!
Moving on, we see 200 million in USD in Ledger Prime. We call bullshit. What stablecoin is it in? Ledger Prime is a quant trading group, associated with Sammy that means they have the whole thing in Coachella NFT's or FTT Ah hahahaha!!!
Next we see 70 million in USDB. WTF?? USDB?? Bancor is such a chit stablecoin even WE maybe only ONCE took time out to laugh at USDB!!! Dear readers know we love charts of BUSD and USDT gaining market share, while self censoring USDC tanks. Join us to laugh at the market cap of USDB ah ha ha ha !!
TLDR: looks a LOT like Sammy's love just $#($&$(* killed USDB!!! We can only wonder what the $#($*& mystery scam was gong on THERE with Sammy and Bancor.
Next - 28 million in Dai, we doubt it but whatever, boring tho Sammy clearly loves the strange stablecoins.
Finally, the real meat of this article. Next up is a bunch of DOT, okay, a mainstream alt coin, that's understandable. Wrong, we loved DOT back at 20!! Wrong, it wasn't gonna fund any interest lending schemes, but understandable.
Next PAXG. Nuthin wrong with PAXG on the surface. With the world getting weird, the goldbugs always come out. Yeah maybe paper gold but pretty goldish. Again, a chickenchit play for a hedge fund hoping to overearn "deposit" interest rates, ar ar ar ouch.
JPY next. OK Sammy is smarter than Soros?? who knows what supposed Japanese put fakie "arbitrage" this was slotted for?? Sammy made the only money he MADE in his life playing Japan. Pumping the kimchi premium!! Not even that really, just BUY ON COINBASE, SELL ON BITFLYER. back before there were bots, clearly. But ya know, sentimental value in Sammy's self aggrandizing, fair enough..
Next, 17 million in TUSD. What?? is that a typo? No, it's an even tiner stablechitcoin. OK that's not fair, another tiny CBDC wannabee. OK that' not fair either, TRUE Usd is a legit ish top sixty coin, they had a billion and a half in market cap but have fallen to half that. Why, Sammy, why? They will tell us in ten years.
EURT, eight figures in EURT, of course. There we go Sammy boy! when using a stablecoin go with big Tether, aha, we did not really know EURT but then again, who are EURT's competitors? Circle of course, but EURT is a top 150 coin and EURC is a top 600 coin.
BRZ next, a Brazilian chitstablecoin? Hopefully Sammy helped Brazilians flee the Real, but we now doubt even that. wait yes he did SOMETIMES....
Next up - WRAPPED XRP. Yep, WXRP. Ah ha ha a chitcoin within a chitcoin!! Why? doing fountains NO doubt. Oh o make it stop!! Sammy was doing degen loops scuse us overrehypothicating is the current degen speak we DO believe. Of course he was everything Kyle could do Sammy could do better oh oh no.
Finally a funny!!! Dear readers remember our tiny brain being unable to handle some ETH wrapped coins like ones 3AC blew up on. Yeah, we'll take your ETH and wrap it in ETH or something or the other way round and it'll STILL BE YOURS even though it's locked up somewhere else and it'll be GREAT !!! SELL IT AND EARN INTEREST STILL WHAAAAAATTTT?? No wait lever it 12x 209x
Here lies Sammy working magic with the wrapped Ripple. Was it wrapped in a brown paper bag for sitting on the streetcorner while drinking it???
BRL!!!! YAYYYY !!!! HERE's the FUNNY !!! The BIG PAYOFF aren't yall glad ya stayed??
Sammy went down holding a bag of BRL LOOKIT that CHIT
TLDR: The ONLY way ANYONE would be still harbouring THIS radioactive CHIT is if , IF, uhhmmmmm oNLY IF THEY HAD IT ALL ALONG BEFORE IT GOT PUMP N DUMPED!!!!
AHH HA HA HA !!! FIngerprints of Sammy's MO from the ICP killshot are all OVER this one!! TELL CORPORATE IT"S THE SAME PICTURE!!!
Borealis's web site doesn't say much, just saying. They are yet another gateway into crypto investing?? Ahh this joke is overexposed. Let's start a shop offering Investments!! We'll outsource to another shop, then underpants, then Gemini, then ??? no profit.
There we go Sammy ya showed your true rat colors with THAT bag of filthy BRL. Look at that dead fish, it's not even twitching a little....
Oh stop wait wait!! ITS EVEN funnier Sammy sez BRL went UP last week!!! Sammy says hes got seven million in this bag AND the price went up last week! CoinGecko says BRL has NO market cap arararooooo!! We know who we believe! Sammy lying to the bitter twisted end.
Bada boom !! No wait, Sammy left one more chit stablecoin for us to consider, some straight up PAX. Now, let us assume Sammy was putting on airs by calling PAXD PAX as if he was an old school OG. If so, WTH, a top fifty also running stablecoin, part of the strongish PAX fams.
But what's funny? LIke the hedge funds who left their clients 100% exposed centralized on ONE chitty CEX? And then said people are bad?
Sammy was hedged across chittish stablecoins!!! Yeah, he lost ten billion trading and stole it from clients while bribing everyone, everywhere, he was not hedged against THAT.
But if one of his stable of alt stablecoins crashed, ludicrously unlikely considering which stablecoins they were - Sammy's clients were gonna be FINE. Against the risk of lack of stablecoin diversity AH HA HA HA HA HA HA HA HA!!!!!
OMG. The other story going around - ya know why BTC price is so stable? Cause everyone used FTX to play games with the prices, without Sammy it's just not as much fun, plus their play stakes are all locked up ar ar ar !!!
OK gotta hop,
peace out,
love
Dave
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