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#TheCryptocalypseChronicles: Pete Hegseth, A Man Of Questionable Judgment

#PeteHegseth's in the news lately because of a "mishap" with a Signal group chat involving possibly top secret information about killing #Houthis. You might think this demonstrates poor judgment.

This is all less surprising if you know that Hegseth is a crypto bro who lost a bunch of money in possibly the most obvious cryptocurrency ponzi scheme in history, #CelsiusNetwork. Hegseth entrusted the group of Russian Israelis running #Celsius with his hard earned money *even after* the CFO of the firm was sent to prison in #Israel for #moneylaundering and organized crime connections.

tl;dr Maybe America should reconsider putting crypto bros in charge of the military.

Retoots appreciated.

cryptadamus.substack.com/p/pet

The Cryptocalypse Chronicles · Pete Hegseth: A Man Of Questionable JudgmentBy Michel de Cryptadamus

The transplanted to potting mix bags #JerusalemArtichoke didn’t like the 35° #Celsius we eventually got to yesterday.

This morning they’ve been given a good soaking & are starting to recover.

It might hit 37° or 38° today, so I’ll check through the day.

The #Mudbrothers & the #Wiltipoll #lambs water troughs both went down around 5 inches overnight!

Troughs have been topped up & the #alpacas & #sheep have been fed.

The town’s #CFA #fire #siren went earlier, but I think it’s just a drill.

"For those of you in the United States, I hope you had a lovely Thanksgiving. I especially hope you didn’t have to endure any guests who had read the various “how to talk to your family about crypto this Thanksgiving” explainers from crypto media outlets, most of which sounded like some form of multi-level marketing indoctrination manual, with bullet points like “ETFs have made crypto investing simpler and safer” and “Crypto could flourish further under Trump”.1 Could you pass the gravy, grandpa, while I tell you about why Elon Musk’s brilliant scheme to optimize the government is named after a shiba inu-themed memecoin?

Bitcoin has surpassed the $100,000 mark, a highly anticipated milestone among bitcoiners. After surging $90,000 post-election, it was merely a question of how soon the token would hit that elusive number. The purchase of the president-elect and many Congresspeople, while expensive, has already produced returns — crypto billionaires have recouped that spending and then some."

citationneeded.news/issue-71/

Citation Needed · Issue 71 – (Crypto) banks are not your friends
More from Molly White
Continued thread

Many people believed that because Celsius was based in the US, it was carefully regulated and therefore safe. Letters written to the judge in the bankruptcy case revealed the extent of the devastation to people around the world, some of whom had their entire life savings or retirement money on the platform. I published some excerpts (blog.mollywhite.net/celsius-le) back in July 2022.

blog.mollywhite.netExcerpts from letters to the judge in the Celsius Network bankruptcy casePeople with funds locked in Celsius Network have been sending letters to the judge presiding over the Chapter 11 bankruptcy case. These are excerpts from those letters.

Celsius CEO Alex Mashinsky has entered a guilty plea in his criminal fraud trial, which was scheduled to begin in about two months. His Celsius cryptocurrency platform collapsed in July 2022 after it couldn't meet customer withdrawal demands. Its failure was particularly devastating because it had actively marketed itself to customers as safer than banks, regularly telling customers that "banks are not your friends".