[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@Farrell1969](/creator/twitter/Farrell1969) "@0xAnthraX @_Enoch @tayvano_ Different roles so different rules. Certain rules are imposed on banks because of their role as a custodian and transferror of assets. Same with brokers & fin institutions. Had FTX/ others been subject or followed some of these rules customers would have likely loss less"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947878237490520251) 2025-07-23 04:35:36 UTC XXX followers, XX engagements "@zachxbt @tayvano_ Is the govt going to be able to rehab with their IRS witness who will apparently testify that he traced and found some linkage (ie made a different probabilistic determination on a diff split on the tranx Or is that just DOJ doubling down on a losing bet"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947436923577925647) 2025-07-21 23:21:58 UTC XXX followers, XXX engagements "@tayvano_ @zachxbt Thanks. That's really helpful. Tracing from the outside always seems like a ton of grind/probability with a sprinkling voodoo magic"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947450900206801381) 2025-07-22 00:17:31 UTC XXX followers, XX engagements "@mopar75028 @aziz0505152048 @Trey5610 @bgarlinghouse And to be clear - it's not "accounting errors" or "some paperwork.". Company bought shares in its name. Never transferred shares to SPVs as told investors it did. So when filed it was record owner of all shares and all shares are therefore assets of the bankruptcy estate"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947820020005810459) 2025-07-23 00:44:16 UTC XXX followers, XX engagements "@ITGRC @LindaPJones @baggins_cc @ScamDetective5 Even if you look at Straightpath their execs got indicted bc they were short $14M of "sold vs in SPVs" - similar to Linqto being short about $20M. But Straightpath actually transferred it's shares to the SPVs and set them up properly. So arguably not as bad. Markup fraud same"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947024815774474347) 2025-07-20 20:04:24 UTC XXX followers, XXX engagements "@sentosumosaba They are selected by the US Trustees Office (part of DOJ) following interviews. Generally from pool of largest unsecured creditors bc presumably they have most skin in the game"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1948164281134170140) 2025-07-23 23:32:14 UTC XXX followers, XX engagements "@CasioWiser @LindaPJones You can wind down a company without filing for bankruptcy protection. You only file if you need to have a court order debts to be forgiven/compromised or get out of contracts"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947008120997265479) 2025-07-20 18:58:04 UTC XXX followers, XX engagements "@AminCad @L0laL33tz @lex_node If it was not a business then what did a VC fund invest in Open source code that it had no property rights in And when the VC said it would not see a use case for or use a "compliant mixer" that was because no one foresaw bad guys wanting to use the business"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1944808595406676476) 2025-07-14 17:17:56 UTC XXX followers, XX engagements "@MichaelCairoFL @rstormsf There are a bunch of types of ML under the statute and this one charged just requires that you are aware of the illicit nature of the funds and transmit it through a financial transaction in way you know will help conceal illicit nature. So not vanilla bad funds + shared intent"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1946363008898212340) 2025-07-19 00:14:37 UTC XXX followers, XX engagements "@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 But if you want to take the money in a highly regulated industry you have to take also the responsibilities that comes along with it. Putting "DYOR" and "not financial advice" doesn't suffice. And if f you think that's your get out of jail free card expensive lesson"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947012348188709170) 2025-07-20 19:14:52 UTC XXX followers, XX engagements "@0xAnthraX @_Enoch @tayvano_ What other crimes should accomplices after the fact be exempt from Drug dealing Kidnapping Murder Mass murder Terrorism Where is the line"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947879649872134259) 2025-07-23 04:41:13 UTC XXX followers, XX engagements "@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 I'm not saying "if the influencoors did the dul diligence required the issues would have been uncovered & users protected." Who knows"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947011708544819464) 2025-07-20 19:12:19 UTC XXX followers, XX engagements "@0xAnthraX @_Enoch @tayvano_ And the "open source non custodial smart contract" is not being charged. The people being charged are the ones who operated a business and knowingly facilitated the concealment of illicit funds. While making a ton of $ to do so"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947881135880446346) 2025-07-23 04:47:07 UTC XXX followers, XX engagements "@0xAnthraX @_Enoch @tayvano_ He did not operate the business Was it just the other X co founders who hired people paid bills solicited and received VC funding and did any of the normal other XXX things associated with running a business Why did he get $12M+ of the tokens Charity to random bystander"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947883537103045031) 2025-07-23 04:56:39 UTC XXX followers, XX engagements "@mopar75028 @aziz0505152048 @Trey5610 @bgarlinghouse If the K-1s were incorrect then it just might be like the Madoff account statements - if you are going to be out criming go big or go home"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947819396610527493) 2025-07-23 00:41:47 UTC XXX followers, XX engagements "@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 So it's not "my underlying bet failed so I need to blame someone." Do you really believe that the users at the receiving end of these promotions understood that a risk they were assuming was that Linqto did not operate legally from day 1"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947011252456222878) 2025-07-20 19:10:30 UTC XXX followers, XXX engagements "@Simonpilot456 @Stuart_Alderoty Part of the issue arises from Ripple's characterizations. Most people experienced with the process would say "SEC staff agreed to recommend to C dropping appeal" or similar to convey the contingent/future action requirement (as CB did when saying agreemt w/ staff to dismiss)"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947346916355838282) 2025-07-21 17:24:19 UTC XXX followers, XXX engagements "@econoalchemist @frankcorva @SenatorHagerty @SDNYnews Again - neither did Tornado Cash and Judge Failla held that custody is not required because - among other reasons - the word "custody" is not used in the law and there have been other "inventive" criminal schemes which tried to raise similar arguments unsuccessfully"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947841197789065674) 2025-07-23 02:08:25 UTC XXX followers, XX engagements "@theragetech Unforced error on a table setting witness. So probably not enuf that can't be fixed with a curative instruction which will make DOJ look dumb. Curative might be even better for defense than mistrial"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947445900642570280) 2025-07-21 23:57:39 UTC XXX followers, XXX engagements "@theragetech DOJ could have literally picked any X of thousands of people who could've said "my funds were stolen and washed thru TC." Testimony less substantive than counsel for hacked exchg who could also show RS's contemporary awareness of use of TC to launder. But that counsel can't cry"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947628190069113240) 2025-07-22 12:02:00 UTC XXX followers, XX engagements "@ITGRC @LindaPJones @baggins_cc @ScamDetective5 The reason why legitimate PE firms don't "exploit this loophole" is that (a) there is no "loophole" - not doing right & saying u have is called securities fraud and (b) DOJ & SEC have been jailing/suing people for X decades over this stuff so "loophole" = jail"  [@Farrell1969](/creator/x/Farrell1969) on [X](/post/tweet/1947007350637732298) 2025-07-20 18:55:00 UTC XXX followers, XX engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@Farrell1969
"@0xAnthraX @Enoch @tayvano Different roles so different rules. Certain rules are imposed on banks because of their role as a custodian and transferror of assets. Same with brokers & fin institutions. Had FTX/ others been subject or followed some of these rules customers would have likely loss less"
@Farrell1969 on X 2025-07-23 04:35:36 UTC XXX followers, XX engagements
"@zachxbt @tayvano_ Is the govt going to be able to rehab with their IRS witness who will apparently testify that he traced and found some linkage (ie made a different probabilistic determination on a diff split on the tranx Or is that just DOJ doubling down on a losing bet" @Farrell1969 on X 2025-07-21 23:21:58 UTC XXX followers, XXX engagements
"@tayvano_ @zachxbt Thanks. That's really helpful. Tracing from the outside always seems like a ton of grind/probability with a sprinkling voodoo magic" @Farrell1969 on X 2025-07-22 00:17:31 UTC XXX followers, XX engagements
"@mopar75028 @aziz0505152048 @Trey5610 @bgarlinghouse And to be clear - it's not "accounting errors" or "some paperwork.". Company bought shares in its name. Never transferred shares to SPVs as told investors it did. So when filed it was record owner of all shares and all shares are therefore assets of the bankruptcy estate" @Farrell1969 on X 2025-07-23 00:44:16 UTC XXX followers, XX engagements
"@ITGRC @LindaPJones @baggins_cc @ScamDetective5 Even if you look at Straightpath their execs got indicted bc they were short $14M of "sold vs in SPVs" - similar to Linqto being short about $20M. But Straightpath actually transferred it's shares to the SPVs and set them up properly. So arguably not as bad. Markup fraud same" @Farrell1969 on X 2025-07-20 20:04:24 UTC XXX followers, XXX engagements
"@sentosumosaba They are selected by the US Trustees Office (part of DOJ) following interviews. Generally from pool of largest unsecured creditors bc presumably they have most skin in the game" @Farrell1969 on X 2025-07-23 23:32:14 UTC XXX followers, XX engagements
"@CasioWiser @LindaPJones You can wind down a company without filing for bankruptcy protection. You only file if you need to have a court order debts to be forgiven/compromised or get out of contracts" @Farrell1969 on X 2025-07-20 18:58:04 UTC XXX followers, XX engagements
"@AminCad @L0laL33tz @lex_node If it was not a business then what did a VC fund invest in Open source code that it had no property rights in And when the VC said it would not see a use case for or use a "compliant mixer" that was because no one foresaw bad guys wanting to use the business" @Farrell1969 on X 2025-07-14 17:17:56 UTC XXX followers, XX engagements
"@MichaelCairoFL @rstormsf There are a bunch of types of ML under the statute and this one charged just requires that you are aware of the illicit nature of the funds and transmit it through a financial transaction in way you know will help conceal illicit nature. So not vanilla bad funds + shared intent" @Farrell1969 on X 2025-07-19 00:14:37 UTC XXX followers, XX engagements
"@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 But if you want to take the money in a highly regulated industry you have to take also the responsibilities that comes along with it. Putting "DYOR" and "not financial advice" doesn't suffice. And if f you think that's your get out of jail free card expensive lesson" @Farrell1969 on X 2025-07-20 19:14:52 UTC XXX followers, XX engagements
"@0xAnthraX @Enoch @tayvano What other crimes should accomplices after the fact be exempt from Drug dealing Kidnapping Murder Mass murder Terrorism Where is the line" @Farrell1969 on X 2025-07-23 04:41:13 UTC XXX followers, XX engagements
"@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 I'm not saying "if the influencoors did the dul diligence required the issues would have been uncovered & users protected." Who knows" @Farrell1969 on X 2025-07-20 19:12:19 UTC XXX followers, XX engagements
"@0xAnthraX @Enoch @tayvano And the "open source non custodial smart contract" is not being charged. The people being charged are the ones who operated a business and knowingly facilitated the concealment of illicit funds. While making a ton of $ to do so" @Farrell1969 on X 2025-07-23 04:47:07 UTC XXX followers, XX engagements
"@0xAnthraX @Enoch @tayvano He did not operate the business Was it just the other X co founders who hired people paid bills solicited and received VC funding and did any of the normal other XXX things associated with running a business Why did he get $12M+ of the tokens Charity to random bystander" @Farrell1969 on X 2025-07-23 04:56:39 UTC XXX followers, XX engagements
"@mopar75028 @aziz0505152048 @Trey5610 @bgarlinghouse If the K-1s were incorrect then it just might be like the Madoff account statements - if you are going to be out criming go big or go home" @Farrell1969 on X 2025-07-23 00:41:47 UTC XXX followers, XX engagements
"@McduffieXrp @LindaPJones @datruthhuts @baggins_cc @ScamDetective5 So it's not "my underlying bet failed so I need to blame someone." Do you really believe that the users at the receiving end of these promotions understood that a risk they were assuming was that Linqto did not operate legally from day 1" @Farrell1969 on X 2025-07-20 19:10:30 UTC XXX followers, XXX engagements
"@Simonpilot456 @Stuart_Alderoty Part of the issue arises from Ripple's characterizations. Most people experienced with the process would say "SEC staff agreed to recommend to C dropping appeal" or similar to convey the contingent/future action requirement (as CB did when saying agreemt w/ staff to dismiss)" @Farrell1969 on X 2025-07-21 17:24:19 UTC XXX followers, XXX engagements
"@econoalchemist @frankcorva @SenatorHagerty @SDNYnews Again - neither did Tornado Cash and Judge Failla held that custody is not required because - among other reasons - the word "custody" is not used in the law and there have been other "inventive" criminal schemes which tried to raise similar arguments unsuccessfully" @Farrell1969 on X 2025-07-23 02:08:25 UTC XXX followers, XX engagements
"@theragetech Unforced error on a table setting witness. So probably not enuf that can't be fixed with a curative instruction which will make DOJ look dumb. Curative might be even better for defense than mistrial" @Farrell1969 on X 2025-07-21 23:57:39 UTC XXX followers, XXX engagements
"@theragetech DOJ could have literally picked any X of thousands of people who could've said "my funds were stolen and washed thru TC." Testimony less substantive than counsel for hacked exchg who could also show RS's contemporary awareness of use of TC to launder. But that counsel can't cry" @Farrell1969 on X 2025-07-22 12:02:00 UTC XXX followers, XX engagements
"@ITGRC @LindaPJones @baggins_cc @ScamDetective5 The reason why legitimate PE firms don't "exploit this loophole" is that (a) there is no "loophole" - not doing right & saying u have is called securities fraud and (b) DOJ & SEC have been jailing/suing people for X decades over this stuff so "loophole" = jail" @Farrell1969 on X 2025-07-20 18:55:00 UTC XXX followers, XX engagements