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Aaron day breaks down Howard Lutnick's connection to Tether Tether won't allow an audit but Lutnick vouches all of the money is there Do you trust him?

19,900 次观看 • 4 个月前 •via X (Twitter)

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Season 1, Episode 6: THE ONE WHERE HOWARD LUTNICK GETS IN BED WITH TETHER AND SCORES A MASSIVE PAYDAY On May 17, 2024, Giancarlo Devasini, reportedly owner of the majority of Tether’s voting stock, told an associate that he had given Howard Lutnick a large number of shares “bloody cheap”. Devasini’s admission followed Lutnick’s January 2024 Bloomberg appearance in Davos when, unprompted by the interviewer, Lutnick launched into a long monologue in which he passionately vouched for Tether. In his confirmation hearing on Jan. 29, 2025, Lutnick, now the United States Commerce Secretary, admitted that Devasini sold his firm @CantorFitzgerald a 5% economic interest in Tether in early 2024 for $600 million, implying a $12 billion valuation. Fast forward to today, as Tether is currently marketing a private fundraising round of $20 billion on a $500 billion pre-money valuation, which would balloon the Lutnick/Cantor stake by ~42x, to around $25 billion. The fundraising is reportedly being led directly by “the Chairman’s office” at Cantor, according to a source. While Cantor is not publicly listed, LLMs estimate the bank’s enterprise value in the $8-10 billion range, a figure now dwarfed by the imputed value of its Tether stake. On June 8, 2024, Devasini said of Lutnick: “Howard is a caricature of himself. He’s a shark. He’ll take a piece of flesh if he has a chance. So the game is always to align his interest.” The big question, then, which perhaps The Wall Street Journal Bloomberg Financial Times The New York Times may be interested to dig into: Who does Howard Lutnick, the current Commerce Secretary of the United States, really work for? And for Donald J. Trump: When push comes to shove, is Howard Lutnick going to have your back, or will he do the bidding of the guys who are making him rich beyond anything you could ever do for him? Note: The Senate Committee responsible for oversight is Banking, Housing, and Urban Affairs, led by Tim Scott Senator Tim Scott and Elizabeth Warren Elizabeth Warren. The House Committee is Financial Services, led by French Hill French Hill and Maxine Waters Maxine Waters.

Cory 🦢 Real Bitcoin @ Swan.com

251,707 次观看 • 7 个月前

JEFFREY EPSTEIN HIJACKED BITCOIN AND NO ONE IS TALKING ABOUT IT Jeffrey Epstein didn't just traffic people. He hijacked Bitcoin. We found it in the files. Exposed it on The Corbett Report today. Epstein funded the MIT developers who killed Bitcoin as peer-to-peer cash. His crypto advisor Brock Pierce ran the Bitcoin Foundation into the ground, then handed development funding to MIT where Epstein's money was explicitly earmarked for the core devs. We have the emails. Epstein invested in Blockstream, the company that only exists if Bitcoin stays throttled at 7 transactions per second. Then his money funded the developers who made that permanent. Pierce co-founded Tether. A University of Texas study found over 50% of Bitcoin's 2017 price pump came from unbacked Tether printing. The CFTC found only 27 cents backing every dollar of Tether. They manufactured the "digital gold" narrative with fake money. Tether has never passed an audit. Not once. No firm will even work with them. Then Howard Lutnick, Epstein's literal next door neighbor who lied under oath about their relationship, invested $600M in Tether through Cantor Fitzgerald. His firm now manages all of Tether's treasury reserves. Lutnick went from fundraising for Hillary Clinton to chairing Trump's transition team. He installed Bo Hines as White House crypto advisor. Together they pushed the Genius Act, which requires all stablecoins to be backed by US Treasuries, managed by Lutnick's firm. 10 days after the Genius Act passed, Hines quit the White House and became CEO of Tether's US subsidiary. The Genius Act is not crypto innovation. It is a backdoor CBDC that funds $3 trillion in additional government debt while making Lutnick's firm the biggest beneficiary. And there is something worse coming. The Clarity Act will tokenize everything you own. Your stocks, 401k, commodities, real estate. All programmable, trackable, seizeable. Combined with legal changes already made in all 50 states since 1994, when the next financial collapse hits, your assets transfer to the four largest banks with a click of a button. Every player is connected. Every move was coordinated. This is not Big Short 2.0. This is Big Short 2.0 on steroids, pre-planned and run by the same network that already owns the outcome.

Aaron Day

236,853 次观看 • 4 个月前