Thread (1/N)

#luna played all the #LUNAtics . The $BTC meant to save $UST got pocketed. See my previous thread for a general idea

It appears #lunacoin holders still do not believe they got played. I will go in more detail on where the $BTC reserve went.

Continued.

(2/N)

Begin with 42,530 $BTC that was transferred out of the LFG wallet on May 9th

It got split into 2wallets: 12,350 went to LFT wallet and 30,000 BTC went to OkEX exchange

Bitcoin explorer, bc1qlyfrxkwp2xg39cd6usx6aw45u5rlcgl3sygu2w in block: 735653 (https://t.co/VrqWZcT2pc)
(3/N)

Sending $BTC to OkEx was never explained by LFG. Why did LFG send $BTC to OkEx? OkEx shut down all operations in South Korea on April 7th, 2021. So why did $BTC get transferred from a South Korean company to a now defunct crypto platform??
(4/N)

Now let's talk about the 28,250 $BTC that was transferred out. This is the juice bit. Search for Block 735722 and find the cold-chain wallet with control+f: "3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6"

Bitcoin explorer, block: 735722 (https://t.co/VrqWZcT2pc)
(5/N)

All of a sudden, 28,250 $BTC became 41,229 $BTC. Where is the extra 19,006 BTC from? Could it be from OKeX, the now defunct exchange in South Korea??
(6/N)

So the total $BTC in this one cold wallet on Binance is around 91k $BTC: 50k were from an OkEx exchange BTC address, and 41k were from the Luna Foundation Guardian wallet

Now I want you to ask yourself a very important question:
(7/END)

If this is an OTC trade, as #lunacoin team want you to believe, why was a defunct centralized crypto trading platform involved? How does OkEx play any role in an OTC trade, besides of course, to help hide trails?

THIS WILL BE A NETFLIX SPECIAL SOON!

More from All

You May Also Like

So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.