Behind The Crypto Scam – “Complete Absence Of Trustworthy Financial Information”

Friday, 18 November 2022 – Moon of Alabama

Yves Smith of Naked Capitalism, who called everything crypto ‘prosecution futures‘, provides the latest FTX bankruptcy filing:

John J. Ray III, the newly appointed CEO of bankrupt crypto player FTX’s sprawling empire who played the same role in the then-biggest-evah Enron bankruptcy and other big corporate implosions, filed his formal initial assessment with the Delaware bankruptcy court in the form of declaration, embedded below.

As expected the FTX and the companies related to it are a huge criminal mess.

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Ransomware: Stop Blaming Russia And Tackle The Real Villains – Cryptocurrencies

10 July 2021 — Moon of Alabama

Ransomware attacks continue to disrupt many businesses. Earlier this month an attack through Kaseya VSA, a remote managing software, disabled several managed service provider and some 1,500 of their customers. Their data was encrypted and will only be restored if they pay the demanded ransom.

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