4 ms·
Just wait until the DTC, DTCC and Citadel (both of the Citadels) ponzi comes to light. I give it about a year more.
by bboygravity 4y ago
Just wait until the DTC, DTCC and Citadel (both of the Citadels) ponzi comes to light.
I give it about a year more.
- JumpCrisscross 4y ago> DTCC and Citadel (both of the Citadels) Is this a real conspiracy theory?
- bboygravity 4y agoYes. In the same way that "FTX is a ponzi scheme" was a conspiracy theory until a few days ago.
- JumpCrisscross 4y ago> same way that "FTX is a ponzi scheme" was a conspiracy theory until a few days ago FTX’s failings weren’t widely acknowledged. But critics weren’t dismissed as unbelievable, even absent strong evidence. Most of us just don’t give a shit. Beyond Robinhood ramblings, there isn’t even circumstantial evidence of DTCC being corrupted in favour of Citadel, a claim which requires having the latter overpower every global bank plus every competing fund complex, from BlackRock to Bridgewater.
- jessaustin 4y agoThe claim requires nothing of the sort. Reality doesn't confine itself to our imaginations.
- SilasX 4y ago>FTX’s failings weren’t widely acknowledged. But critics weren’t dismissed as unbelievable, even absent strong evidence. Most of us just don’t give a shit. Did you forget the HN thread about the initial leak? https://news.ycombinator.com/item?id=33464494 https://news.ycombinator.com/item?id=33464494
- TremendousJudge 4y agoI hadn't seen it. I know a large chunk of HN are very much pro-crypto but I'm still surprised that the top comments are mostly denialist.
- irusensei 4y agoWasn't there some kind of YouTuber screaming his lungs at SBF and his exchange a week before this happened? I even remember people were laughing at him. They made a joke out of his tantrums.
- dmak 4y agoWhat theory are you talking about? are you referring to GME related discussions?
- gruez 4y agoIt's a popular theory within the gamestop and /r/superstonk circles. Make of that what you will.
- jandrese 4y agoI don't follow it too closely, but I've seen blog headlines suggesting that the big Wall Street entities got together and colluded to avoid having to eat major losses on their short position on GME stock that the meme people were holding. Basically that investment banks were able to cheat individual investors out of their money by changing the rules at the last minute. I have no idea where this falls on the spectrum of "LIBOR price fixing" down to "2020 election was stolen" as far as plausible conspiracy theories go.
- tedunangst 4y agoVery much election was stolen energy. "The geometric mean of these prices ends in a 6, which isn't a prime number, thus proving blah blah."
- rippercushions 4y agoFirst I'm hearing of this, got any sources? Or are you referring to the GME flap last year? Funnily enough, I was approached by Citadel for an engineering role in their crypto team about a week before FTX blew up