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Leicester

šŸ‘¤ Speaker
1280 total appearances
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Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Do I think you're going to be able to do what they claim it's going to do?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

No, at least not in the short term.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

What about the long term?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

This, as I wrap up, is where I'm going to go back to the safe moon fiasco.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

And I'm going to quote you a couple of things and I'm going to leave you with those.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

And I want you to think it through and come up with your own outcome.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Cause I'm not going to make a conclusion.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

I'm simply sharing what is publicly documented.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

You can see yourself case number two, colon 22 dash CV dash 0 0 6 4 2.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

This is the case around safe moon, John Caroni and all the other scammers.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

who got locked up, not just because of the wallet, but because of everything else.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

I'm going to quote some of these lines.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Quote, In furtherance of this scheme, defendants touted the technological innovation of the company's token and related cryptocurrency wallet, as well as the ability for investors to make significant returns due to the favorable quote tokenomics of the SafeMoon tokens.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

In truth, defendants marketed the SafeMoon tokens to investors so that they could sell their portion of the float for profit.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Stop.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

So what is float?

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

Float is as the token moves in price, they're basically just siphoning off gains.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

That in itself is not illegal.

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

problem that the government had is they were doing it without communicating what they were doing on tokens they didn't purchase so they're holding the liquidity bag and then they're siphoning out like a drain the liquidity on the back end doing it secretly while telling people it's like with satama they were telling people i said hold

Crypto Talk Radio: Basic Cryptonomics
Leicester On The #BlockDAG ā€œSuper Applicationā€ (OOC)

while they were dumping on your head, that kind of thing, same kind of deal.