DPRK has to be the prime suspect here.
Buy out an authorized Ledger reseller through a shell company, keep everything looking legit, ship compromised wallets to unsuspecting customers, and wait for the funds to roll in.
If that's what happened, it's an insane attack!
All my best trades started in bear markets for what its worth. Lessons learnt from multiple cycles, don't have to catch a falling knife. Complacency and boredom at the bottom usually gives you a chance to scale in unless you get something crazy like the covid flash crash.
Lou retweeted
Teach a man to fish, and you'll feed him for life.
Teach a man to sell 32 BTC, and it's fucking over.
Lou retweeted
The IRS is using a new form in crypto audits and it’s a perjury TRAP.
The “Historical Digital Asset Form” is the most obtrusive and over broad form I’ve EVER seen in a crypto audit.
It lists 100+ exchanges and wallets with a yes/no check box.
IRS demands you to list the date first used and usernames and emails for your accounts.
Fill it out wrong or miss something? You could be committing perjury.
Forget an exchange? The IRS could say it’s fraud.
List everything? Now the IRS knows where to fish.
The IRS is increasing audits on crypto investors. Especially with Form 1099-DA being sent to the IRS.
If you received this form, contact an attorney to discuss your options. Don’t fall into a TRAP.
Lou retweeted
Max pain is slow bleed versus giga nuke.
The scarier the big nuke looks like the better it can retrace. Huge nukes can be seen as inefficient moves that tend to be filled afterwards. ($ETH to 2100 this week) You don't want to see a slow bleed down.
Constant selling is worse
Really enjoyed my first year of decentralized fantasy football bestball with @SBSFantasy! Got an awesome 1st place team and hoping I can take home that ETH!
Bear markets have been historically where I made the most amount of money each cycle. I don't think we replay any of the 4 year cycles historically just like this bull didn't mirror any past bulls so far, but opportunities come in bear markets more easily than in bull.
Only OG's remember when coins would pump simply on the rumor that @themoontography was getting involved on the dev side 😂