Pump and Dump Discussion 1:  

Alex Mashinsky:  Crypto had two consecutive black swan events Luna/UST two top 10 coins going to zero wiping $60B and eroding trust FTX collapse which exposed the Fraud and lack of controls in the +$32B Exchange Now we face the Genesis/Grayscale third hit Will Crypto survive this?

Community Reaction:  Cryptocurrency will absolutely survive this. In fact, this will kickstart a new era of trust & transparency. Blockchain will prevail. As a result, an even bigger wave of institutions will come in.

Yes.  It will survive and thrive.  Just getting rid of the corruption and bad actors first.

And, yet crypto was designed to move away from the corruption of bankers, and yet it’s all we have seen this year – lies and corruption.  All exchanges should be Public Ltd Companies to show gap accounting and audits.

Don’t invest with a potentially insolvent company who won’t release any financials about their revenue, profits, and liabilities. Do not sign up & certainly DO NOT transfer any claims. You will regret it.

The industry needs a cleansing of greedy operators and criminal Ponzi casinos.

There’s not enough money in the world to make everyone rich. Quoted: JS There’s also not enough money in crypto to make everyone rich as well. Lots of people will loose money and a small group will become wealthy.

Pump and Dump Discussion 2:  

Ran Neuner:  Sam attacked LUNA. LUNA crushed 3AC. 3AC crushed Blockfi/Voyager. Sam attacked StEth StETH crushed Celsius Sam crushed Alameda. Alameda crushed FTT/FTX. Alameda crushed Voyager. Alameda crushed Blockfi. FTX/Alameda crushed Genesis. Genesis crushed DCG Genesis smashed Gemini.

Community reaction to Ran Neuner:

This is the basic summary of the crypto space from the last quarter. I wonder when this is gonna stop though, if it ever will. All were doomed to be crushed when the liquidity tide rolled out.

Everything listed here is CeFi. That’s not what crypto is about. That’s not why we’re here. Long live DeFi. We will prevail, because where there is transparency, there is strength.

So, what you are trying to say is all these centralized Ponzi were insolvent and were baiting innocent people to believe they would earn big APY % then transfer money from Ponzi A to Ponzi B until there was no more Ponzi and a bank run to discover the real truth of Sam liquidity.

How many YouTubers can we name that never promoted any of these companies?