Creepy dough currency

It's the most fraudulent time of the year.

December 18, 2022

Greetings,

Writer: RachlolEditor: Deana 

Hairy Plotter goes to prison. SBF was arrested this week. He faces up to 115 years in prison on eight federal charges. The only person not happy about this? Mr. Wonderful, aka Shark Tank’s Kevin O’Leary. O’Leary has shown himself to be a Sam stan, taking every opportunity to defend him — from live TV interviews, Twitter and even at the US senate hearing on FTX. In the meantime, SBF is currently in a Bahamian jail. After only 4 days, SBF is seeking extradition to the US. Maybe Kevin can help.

Are we being punked? This week former President Donald Trump released a… (gags) NFT drop. The NFT’s quickly “sold out,” according to the promotional website and generated $4 million in revenue. I-yi-yi. Thankfully a degen sleuth was able to track Mr. Trumps wallet, and it turns out he minted a thousand of his own NFTs. But wait, there’s more. Purchasing the NFT also gives you a chance to meet the sullied one-term president. The Grift King strikes again.

Riding the FUD wave. Binance has been under quite the stress test this week. While there are no imminent signs of the company’s demise, FUDfluencers talk is turning to what would happen if it did, causing concerns over the company’s solvency. Binance’s auditors deleted their proof of reserves from its website and officially cut ties with the firm — so, insert FUD here. In an interview this week with CNBC, CZ was a bit, erhm, shaky, but still claims audited financials are coming and everything is A-OK. For the sake of all of us, plz no bank run.

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