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Jonathan Schofield
Jonathan Schofield boosted
⚯ Michel de Cryptadamus ⚯
@cryptadamist@universeodon.com  ·  activity timestamp 2 weeks ago

Ω🪬Ω
➤ Making Argentina Great Again

it is incredibly suspicious to me that the US Treasury fund #Bessent wants to use to bail out #Argentina and Javier #Milei is almost exactly the same size as the amount of money #Tether is suddenly trying to raise via a “private placement”.

Tether is one of the most profitable companies in the history of the world, at least according to their own unaudited / unverified numbers. There should be no reason for them to need to raise capital and no desire on their part to sell off part of their cash cow.

Puting aside for a moment the absurdity of the idea that the central bank of international criminal finance considers itself to be in the same league as companies like Google, Nvidia, and Tesla, I can think of 3 possible explanations:

1. Tether is (somehow) out of cash. This is lent some credence by the fact that they are failing to pay their electricity bill in #Uruguay and had their power turned off a few weeks ago.

2. Tether wants to get some shares into the hands of corrupt government officials (other than Howard “Nutlick” #Lutnick, who already has some) for protection.

3. Now that the #Fed has pivoted and cut rates Tether’s income is about to start dropping (and the more the fed cuts, the more it will drop) so they are just cashing out the founders at the top. This is the most charitable interpretation.

it’s also worth mentioning that:

1. Tether’s #USDT token is very popular with #Argentinians trying to avoid that country’s hyperinflation. While technically illegal because of capital controls, it’s still a “crime” I have some sympathy for. But it does mean there’s an important connection between Tether and Argentina.

2. Tether is a major shareholder in south american agriculture business #Adecoagro which does a lot of work in Argentina.

more on Tether: https://cryptadamus.substack.com/p/trumps-transition-team-is-tethered

#uspol #MAGA #uspolitics #ScottBessent #treasury #finance #economics #bailout #IMF #WEF #WorldBank #howardLutnick #stablecoins

Trump's Transition Team Is Tethered To Thievery (And Worse)

Howard Lutnick manages a huge pile of money for Tether, a sketchy offshore company whose name appears frequently in criminal indictments. He also just became co-chair of the Trump transition team.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
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⚯ Michel de Cryptadamus ⚯
@cryptadamist@universeodon.com  ·  activity timestamp 2 weeks ago

Ω🪬Ω
➤ Making Argentina Great Again

it is incredibly suspicious to me that the US Treasury fund #Bessent wants to use to bail out #Argentina and Javier #Milei is almost exactly the same size as the amount of money #Tether is suddenly trying to raise via a “private placement”.

Tether is one of the most profitable companies in the history of the world, at least according to their own unaudited / unverified numbers. There should be no reason for them to need to raise capital and no desire on their part to sell off part of their cash cow.

Puting aside for a moment the absurdity of the idea that the central bank of international criminal finance considers itself to be in the same league as companies like Google, Nvidia, and Tesla, I can think of 3 possible explanations:

1. Tether is (somehow) out of cash. This is lent some credence by the fact that they are failing to pay their electricity bill in #Uruguay and had their power turned off a few weeks ago.

2. Tether wants to get some shares into the hands of corrupt government officials (other than Howard “Nutlick” #Lutnick, who already has some) for protection.

3. Now that the #Fed has pivoted and cut rates Tether’s income is about to start dropping (and the more the fed cuts, the more it will drop) so they are just cashing out the founders at the top. This is the most charitable interpretation.

it’s also worth mentioning that:

1. Tether’s #USDT token is very popular with #Argentinians trying to avoid that country’s hyperinflation. While technically illegal because of capital controls, it’s still a “crime” I have some sympathy for. But it does mean there’s an important connection between Tether and Argentina.

2. Tether is a major shareholder in south american agriculture business #Adecoagro which does a lot of work in Argentina.

more on Tether: https://cryptadamus.substack.com/p/trumps-transition-team-is-tethered

#uspol #MAGA #uspolitics #ScottBessent #treasury #finance #economics #bailout #IMF #WEF #WorldBank #howardLutnick #stablecoins

Trump's Transition Team Is Tethered To Thievery (And Worse)

Howard Lutnick manages a huge pile of money for Tether, a sketchy offshore company whose name appears frequently in criminal indictments. He also just became co-chair of the Trump transition team.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
He said options for a support package “may include, but are not limited to, swap lines, direct currency purchases and purchases of US dollar-denominated government debt from Treasury’s Exchange Stabilisation Fund”. The fund, which was set up in 1934, is controlled by the US Treasury secretary, who has “considerable discretion” in the use of its assets — including about to intervene in exchange rates.
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
Tether Looking To Raise Up to $20 billion, bringing its valuation to $500 billion
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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 2 months ago

The list provided phonetic pronouncers for all the Russian men expected at the summit, including "Mr. President POO-tihn."

Pages 6 & 7 in the packet described how lunch at the summit would be served, and for whom. A menu included in the documents indicated that the luncheon was to be held "in honor of his excellency Vladimir Putin."

#Trump#NationalSecurity #idiocracy #kakistocracy

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 2 months ago

A seating chart shows that #Putin & #Trump were supposed to sit across from each other during the luncheon. Trump would be flanked by: Secy of State #MarcoRubio, Secy of #Defense#PeteHegseth & WH Chief of Staff #SusieWiles to his right, & Secy of #Treasury#ScottBessent, Secy of #Commerce#HowardLutnick & Special Envoy for Peace Missions #SteveWitkoff to his left. Putin would be seated next to his Minister of Foreign Affairs, Sergey #Lavrov, & his Aide for Foreign Policy, Yuri #Ushakov.

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Alex Akselrod
Alex Akselrod boosted
Nonilex
@Nonilex@masto.ai  ·  activity timestamp 3 months ago
#TrumpMedia approves $400M stock buyback

The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 3 months ago
#TrumpMedia approves $400M stock buyback

The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 8 months ago

Agents of #billionaire#ElonMusk’s #DOGE have gained access to highly restricted government records on millions of federal employees — including #Treasury & #State Dept officials in sensitive #security positions — as part of a broader effort to wrest control over the government’s main personnel agency, according to 4 US officials with direct knowledge of the developments.
#law#USpol#NationalSecurity#Trump#TrumpCoup

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 8 months ago

…The records maintained by the Office of Personnel Management, #OPM, amount to a repository of sensitive info about employees of most #FederalAgencies — including addresses, demographic profiles, salary details & disciplinary histories. The moves at the OPM by members of #ElonMusk’s pseudo-governmental DOGE have coincided w/similar efforts to gain access to sensitive systems at other agencies, including a #Treasury Dept system responsible for processing trillions of dollars in US govt payments…

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 8 months ago

Agents of #billionaire#ElonMusk’s #DOGE have gained access to highly restricted government records on millions of federal employees — including #Treasury & #State Dept officials in sensitive #security positions — as part of a broader effort to wrest control over the government’s main personnel agency, according to 4 US officials with direct knowledge of the developments.
#law#USpol#NationalSecurity#Trump#TrumpCoup

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