While visions of making bank danced in their heads
SBF in his sweatshirt, and I in my tee
Had just downed something we're gonna label "coffee"
'Twas the night before Christmas, and try though they may
Not a token was mooning, not even AAVE
Market buys getting sent by the apes without care
In hopes that new all-time highs soon would be there
While visions of making bank danced in their heads
SBF in his sweatshirt, and I in my tee
Had just downed something we're gonna label "coffee"
Amongst the red numbers borne out of the fray
From all of the carnage arose one big loser
A coin with a regulatory accuser
Because of the claims from Jay Clayton the FUDder
U.S. folks had to spew their positions before
The exchanges could manage to shutter the door
What to do when your government comes with the bans?
To delist or restrict? Or just pause for a while?
It was clear they'd react -- that's Coinbase's style
Would withdrawals make it past the the phase "under review"?
The markets on Coinbase got quite out of line
Sometimes rich, sometimes cheap -- a trader's goldmine
Japanese XRP was percents good to buy
Derivatives markets moved sort of at random
Arbs arise when the products do not move in tandem!
Each XRP market tended to descend
To prices lower than we've seen in some time
Since before Thanksgiving and crypto's big climb
It gives them positions many times above
Their net worths with which they could easily gain
The crypto exposure they seek to attain
That carries a cost, and that cost gets borne out
When markets decide to move the other way
It magnifies losses traders need to pay
The outlook for longs can get pretty bleak
At this point I believe that I've set expectations:
XRP got destroyed amongst liquidations
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The entire discussion around Facebook’s disclosures of what happened in 2016 is very frustrating. No exec stopped any investigations, but there were a lot of heated discussions about what to publish and when.
In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.
In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.
This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.
In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.
The story doesn\u2019t say you were told not to... it says you did so without approval and they tried to obfuscate what you found. Is that true?
— Sarah Frier (@sarahfrier) November 15, 2018
In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.
In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.
This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.
In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.
