lmao FTX was either hacked or is exit rugging idiot users
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Poast new message in this thread
Date: September 13th, 2021 11:21 PM Author: marvelous violent gaping trailer park
Crypto twitter is tracking 45,000 BTC ($2bn) that left FTX wallets and has been on the move for three days. Every ten minutes it is sent to a new address, then ten minutes later it's sent to another address with slightly less money. It's doing this over and over and splitting into tens of thousands of wallets. This is called tumbling and it's what hackers to do "clean" hacked funds so they can eventually withdraw them IRL. Most likely someone hacked an FTX wallet or there is a rogue employee who stole the funds.
(((SBF))) put out a nonsensical tweet "explaining" the situation saying they were "consolidating" to make withdraws more efficient. this makes zero sense- it's doing the opposite of consolidation. it's stashing bitcoin across tens of thousands of address. this is clearly not an internal transaction. even if he is being honest, it means FTX is keeping TWO BILLION DOLLARS of investor funds in a hot wallet. LMAO.
SBF is the fraudmo that exeunt loves. he runs FTX which is in bed with Tether to washtrade crypto. the head of compliance for SBF formerly worked at an online betting website that was shut down because the company was cheating and looking at customer's cards to bet against them. SBF is also a huge dipshit moron that doesn't understand crypto (last year the head of uniswap called him out for being a brainlet who literally didn't understand how an ethereum contract worked)
LJL if you have money in SOL, FTT, or on FTX
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112609) |
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Date: September 18th, 2021 11:29 PM Author: drunken out-of-control parlour
Date: September 13th, 2021 11:21 PM
Author: cuttingtable (unvax'd at least)
Crypto twitter is tracking 45,000 BTC ($2bn) that left FTX wallets and has been on the move for three days. Every ten minutes it is sent to a new address, then ten minutes later it's sent to another address with slightly less money. It's doing this over and over and splitting into tens of thousands of wallets. This is called tumbling and it's what hackers to do "clean" hacked funds so they can eventually withdraw them IRL. Most likely someone hacked an FTX wallet or there is a rogue employee who stole the funds.
(((SBF))) put out a nonsensical tweet "explaining" the situation saying they were "consolidating" to make withdraws more efficient. this makes zero sense- it's doing the opposite of consolidation. it's stashing bitcoin across tens of thousands of address. this is clearly not an internal transaction. even if he is being honest, it means FTX is keeping TWO BILLION DOLLARS of investor funds in a hot wallet. LMAO.
SBF is the fraudmo that exeunt loves. he runs FTX which is in bed with Tether to washtrade crypto. the head of compliance for SBF formerly worked at an online betting website that was shut down because the company was cheating and looking at customer's cards to bet against them. SBF is also a huge dipshit moron that doesn't understand crypto (last year the head of uniswap called him out for being a brainlet who literally didn't understand how an ethereum contract worked)
LJL if you have money in SOL, FTT, or on FTX
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112609)
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43139446) |
Date: September 13th, 2021 11:28 PM Author: marvelous violent gaping trailer park
https://twitter.com/ncweaver/status/1437553612729696259
Nicholas Weaver
@ncweaver
·
4h
This is frankly bizarre, and I'm convinced 90% certain that FTX got hacked. We are seeing a slug of $2B worth of Bitcoin being passed through a "peeling chain", each step takes off a little (a few bucks to a couple thousand) with the rest remaining intact.
Some of the peeled Bitcoin is to new wallets. Some is actually to very old active wallets (e.g. this: https://blockchair.com/bitcoin/address/3Q34R8mDakAhFDzrze8TCZcqjKtSuerc8E )
My suspicion: Stealing $2B in Bitcoin is easy. Laundering $2B is hard. But there is an advantage: FTX can't admit the theft...
If FTX admits it they implode in a nanosecond as they are insolvent. So they keep quiet and deny. In the meantime, the thief's cashout strategy:
Peel off Bitcoin. Some of it to just garbage wallets.
Some of it is Robin Hodled and sent to existing wallets.
Heck, waste most of it in the end, but keep about 1% and throw that through mixers, chain swaps, and other techniques. And keep doing it just $1k at a time. And walk away with with a huge paycheck.
And if FTX dares complain, send the rest to 1BitcoinEaterAddressDontSendf59kuE
The alternate interpretation, that this is FTX in offline-signature mode doing some peeling, is lunacy. It would mean they didn't just move MOST of the slug into cold storage and split off the amount to distribute in a separate hunk first, which is frankly bizarre.
Plus, peeling is O(N) time, so it takes forever. Doing a tree split is O(lg(N)) time to complete.
Also, if this is an automated system that dumped a TON of signatures, they could easily stop the chain: Just have replacement transaction signed, just a little ahead (you have the TXID needed to do it), with a high fee. Now it goes to that transaction, and the chain dies.
--
Logi Song
@Logisong1
·
4h
Replying to
@ncweaver
Lol this would literally be the end of Tether if true, even before law enforcement got anywhere
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112662)
|
Date: September 13th, 2021 11:31 PM Author: marvelous violent gaping trailer park
you know how exeunt made you guys millions?
this is the post that allows you to keep millions by getting the fuck out of this scam platform and associated shillcoins (SOL, SRM) RIGHT FUCKING NOW before everyone else catches on and SBF has to come clean
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112682) |
Date: September 13th, 2021 11:31 PM Author: Turquoise faggot firefighter institution
"lol at you for making a fortune"
this guy is still so mad about how rich we are all getting in crypto. he cannot stand it.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112688) |
Date: September 13th, 2021 11:35 PM Author: Swashbuckling white rehab
hmm when i just open ftx.us it asked me for log in again which is weird, usually doesnt do that
moving my BS link from there to phantom
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112704) |
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Date: September 13th, 2021 11:58 PM Author: Swashbuckling white rehab
wat if they are just sending micro amounts to ppl like .45 cents here, 3.21 there
wld ppl really even notice or care
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112851) |
Date: September 13th, 2021 11:41 PM Author: marvelous violent gaping trailer park
https://twitter.com/CryptoWhale/status/1437583092806529027
Mr. Whale
@CryptoWhale
Billions worth of #Bitcoin mysteriously left #FTX, and are being tumbled every 5 minutes to new random addresses.
This is very suspicious, and looks like a massive exchange hack.
@FTX_Official
@SBF_FTX
needs to answer the simple question: Has FTX been hacked?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112738) |
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Date: September 13th, 2021 11:47 PM Author: Mahogany Anal School
To be fair,
Zero ($0/BTC) any day, exit all positions immediately.
BTW, have you ever considered investing in physical silver?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112779) |
Date: September 13th, 2021 11:53 PM Author: marvelous violent gaping trailer park
okay so far we have TBF and 3 MAF pumos telling me I'm wrong (without explaining how I'm wrong)
any other contenders? exeunt? bueller?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112822) |
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Date: September 13th, 2021 11:59 PM Author: marvelous violent gaping trailer park
lmao
(1) his answer didn't actually answer the question was FTX hacked
(2) his answer made no fucking sense. he said it was to consolidate and they are doing the opposite - creating thousands of new wallet addresses each with a small amount of client money (?)
(3) this guy is a known fraudster conman who is in bed with tether
(4) lmao at this reuters-level "debunking". we asked the exchange if they were hacked (which if they answered affirmative it would immediately cause a run and implode them) and they said no. case debooonked!
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112860) |
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Date: September 14th, 2021 12:09 AM Author: Glittery mustard point
Think of a UTXO as being roughly equivalent of a bank note, with the amount of the note being equal to the previous transaction sending that amount.
Assume an address has a single UTXO associated with it equal to 1 BTC. If the owner of that address wants to send .2 BTC to another address, it will result in 2 UTXOs. 1 will be the .2 UTXO to the recipient address, with the balance constituting a separate UTXO to an address that is controlled by the sender's private key. This second transaction is often referred to as a transaction to a "change address."
The big amount of BTC associated with FTX that keeps moving from address to address is the "change address" with the small amount being peeled off constituting withdrawals, at least according to SBF's narrative.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112904) |
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Date: September 14th, 2021 1:30 PM Author: Mahogany Anal School
To be fair,
Don't use that tone with cuttingtable, faggot, he owns way more physical silver than you.
He doesn't own more physical silver than me, ironically. But he owns way more than you, so show some fucking respect.
BTW random side note: As a guy who owns a ton of physical silver, I would say that owning physical silver because you think it's going to be a great investment vehicle in the future and is headed to $1000/oz+ is literally completely fucking retarded, and no one who suggests that is going to happen should ever be given any credence on any financial issue whatsoever.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43115101) |
Date: September 14th, 2021 12:08 AM Author: nofapping school cafeteria place of business
My Ledger NAno x literally came in today
gettgin all my shit off these kike exchanges asap
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112897) |
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Date: September 14th, 2021 12:32 AM Author: Glittery mustard point
I added to other paragraph 2 minutes after the original post (well before your other spastic posts ITT), which you know.
What I just described is exactly how BTC transactions work and perfectly explains the "peeling off" transactions.
As I noted above, the point about FTX foregoing the hot/cold wallets design has some merit, and I look forwarded to this being explained. However, the observed transactions in no way definitively establish that a hack has occurred.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43112980) |
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Date: September 14th, 2021 1:28 PM Author: Mahogany Anal School
To be fair,
Crypto is dead.
Or it will be dead, very soon.
Or if that doesn't happen, OP will stop bumping this thread and go back to making tether fraud threads next week instead.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43115092) |
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Date: September 14th, 2021 10:05 PM Author: marvelous violent gaping trailer park
Given that you think posting this tweet was a "gotcha" you appear to be severely confused about the current situation that is unfolding. Let me enlighten you.
1. Yesterday I recommended that everyone leave FTX and dump SOL and SRM because they are controlled by a conman and known moron (((SBF)))
2. Less than 24 hours later, the entire Solana chain goes offline due to a bug/exploit. Interesting - this is supposed to be a decentralized network. Woops, nope it's just another centralized shitcoin run by one guy, on par with other SQL databases like Binance "Smart" Chain.
3. SOL and SRM are trading down ~5% but the hilarious part is that only represents the small slice of money on exchanges. Obviously most people and all the whales have their tiny pink SOL on cold wallets that they can't move because SOL and its entire garbage ecosystem is down. When this piece of shit finally goes online it's going to be such a giant red dildo that not even nyuug's exposed bulgogi hole could handle it.
4. Apparently the exploit is not a quick fix and is tied to a fundamental flaw in the platform. i.e., this could take weeks to fix lmao.
5. You link to a tweet confirming that SBF keeps $2bn of client funds on a hot wallet that is (for completely unexplained reasons) using a complicated "peel off" method to distribute funds that no exchange seems to have ever used before. SBF - keep in mind this is the genius who is supposed to be fixing his SOL chain which is 100% offline - says that he will be doing a livenet adjustment to this algo, which again is responsible moving client funds. this is supposed to reassure everyone here? BTW, this is the **most** charitable explanation that assumes he isn't straight up lying and the funds weren't stolen (probably were).
6. Despite all of the above, exeunt (considered a crypto genius) appears completely unaware of the shitstorm that is approaching. Then again he probably SOL'd weeks ago after convincing board morons to buy his centralized shitcoin bags.
exeunt (noun) — used as a stage direction to specify that all or certain named characters leave the stage.
His username is a joke and all of you are the punchline.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43117728) |
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Date: September 14th, 2021 10:21 PM Author: Glittery mustard point
"using a complicated "peel off" method to distribute funds that no exchange seems to have ever used before"
You dumb fucking nigger, I have explained to you twice why these transactions are perfectly consistent with Bitcoin's basic transaction structure of payment drstination address & change address. SBF's tweets confirm this is the case.
You also don't know WTF you talking about re Solana.
Are you NYUUG?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43117802) |
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Date: September 17th, 2021 8:43 PM Author: marvelous violent gaping trailer park
$145.88 -1.0% -3.5% -18.2%
getting there fren!
FTX and binance about to get SEC-pwned next week btw
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43134385) |
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Date: September 17th, 2021 10:36 PM Author: Mahogany Anal School
To be fair,
Devastating.
Now, finish him -- compare it to where it was two weeks ago.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43134859) |
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Date: September 18th, 2021 3:20 PM Author: marvelous violent gaping trailer park
>>colossally failed prediction
*predict SOL is a piece of shit*
*12 hours later the entire blockchain shuts down*
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43137411) |
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Date: September 18th, 2021 4:05 PM Author: Mahogany Anal School
To be fair,
So did the FTX rugpull / hack (which was the literal prediction that you made in this thread) already happen, and somehow the exchange just hasn't collapsed yet despite it already coming to pass and all of this being publicly called out on Twitter, but the collapse is going to happen very soon?
Or the rugpull / hack itself actually hasn't happened just yet, either, but it will soon, and then once it does the collapse will follow quickly?
Just trying to figure out exactly where we are on this catastrophic collapse continuum.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43137654) |
Date: September 20th, 2021 3:39 PM Author: Mahogany Anal School
To be fair,
One week check in.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43147567) |
Date: September 23rd, 2021 3:36 PM Author: Sooty university dysfunction
jfc op was right ftx is bankrupt
also ftx just sponsored the mercedes-amg petronas f1 team, oh boy, that's going to be a big egg on their face!
https://twitter.com/MercedesAMGF1/status/1441039827151978497
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43165304) |
Date: October 3rd, 2021 2:20 AM Author: Mahogany Anal School
To be fair,
Hurtling towards the one month anniversary of this historic thread
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43213324) |
Date: October 16th, 2021 4:38 PM Author: Mahogany Anal School
To be fair,
Status? Missed the one month anniversary of this thread -- is it safe to peer out from the metaphorical crypto-cope bunker yet, or is the smoldering wreckage of what was once "FTX" still too painful to behold?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43282483) |
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Date: October 19th, 2021 1:32 AM Author: marvelous violent gaping trailer park
lmao
To be fair,
What, you couldn't predict a ponzi scheme unraveling within days of your post? If it hasn't happened in a month then it will never happen!
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294833)
|
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Date: October 19th, 2021 1:33 AM Author: Mahogany Anal School
To be fair,
So you're saying that FTX either suffered a massive hack that Twitter caught, or rugpulled literally billions of dollars right in front of our eyes, and yet... there have been absolutely no repercussions more than a month later?
But something big and bad is definitely going to happen any day now?
How long should we wait? Two weeks?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294838) |
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Date: October 19th, 2021 1:39 AM Author: Mahogany Anal School
To be fair,
This would be a fantastic analogy if Twitter had existed in September 2007 and numerous users on that public forum who were also investors in his fund had used that platform at that time to publicly point out irrefutable evidence of his fraud in September 2007 but then nothing happened.
Which, to be clear, is exactly what happened a month ago re FTX according to your OP.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294861) |
Date: October 19th, 2021 1:30 AM Author: Mahogany Anal School
To be fair,
REMINDER: If you see a guy hawking physical silver, that's the OP of this thread. Listen to him next time, you idiots.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294830) |
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Date: October 19th, 2021 1:32 AM Author: marvelous violent gaping trailer park
hey TBF, link me to the audited financial statements of tether's reserves
you have that bookmarked right?
why would a totally legit operation (6 man company managing $70bn operating out of the cayman islands) not provide that?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294835) |
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Date: October 19th, 2021 1:37 AM Author: marvelous violent gaping trailer park
lmao. this is 100% classic TBF. gets cornered with a request to actually back up claims and all that happens is "HAHA 2 MORE WEEKS PHYSICAL SILVER AMIRITE?".
it's okay to admit that you don't actually believe tether is worth anything and you just want the ponzi scheme to keep running so your goycoins go a little higher.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294854)
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Date: October 19th, 2021 1:40 AM Author: Mahogany Anal School
To be fair,
You: "Wait two weeks!"
Me: "Oh yeah, well you wait two weeks, too!"
You: "Fuck you faggot, that's a retarded fake and gay line you sound like an asshole falling back on that weak nonsubstantive shit thanks for tacitly admitting that you've got nothing."
Me: "Wait, but then doesn't that mean you al--"
You: "Pwned. Wew."
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43294868) |
Date: November 2nd, 2021 2:19 PM Author: Mahogany Anal School
To be fair,
Two month anniversary in spitting distance. Thoughts and prayers, former "Solana" investors.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#43371846) |
Date: June 11th, 2022 7:58 PM Author: Mahogany Anal School
To be fair,
Coming up quick on the nine month mark on this one -- if you had had sex and impregnated a front hole breeding person on the day that cuttingtable poasted this thread (you poast so we all know you didn't), the child produced by that union would literally be due next week. Man, time sure flies when major crypto exchanges are crashing to the ground due to "hacking and/or exit rugging"!
Where are we on this, OP?
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#44667698) |
Date: November 8th, 2022 4:02 AM Author: Mahogany Anal School
To be fair,
Bumping to remind everyone freaking out about FTX today that they're all waaaaaaaaaaaaay late to the party, FTX already got 100% confirmed rugpulled and/or got hacked and went under more than a year ago.
(http://www.autoadmit.com/thread.php?thread_id=4921249&forum_id=2#45455111) |
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