De Oppresso Liber
Joined June 2014
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AbelGaming retweeted
Binance could eliminate all FUD right now by publishing a proof of reserves showing the current hole in customer reserves.
Instead, they're waiting until AFTER they've finished buying back the stolen tokens.
Why?
The most likely explanations:
1. They're hiding the size of the hole.
2. The hole predates the hack. They've already lost, or even dumped, a substantial amount of customer funds, and publishing proof of reserves right now would expose that.
3. They're betting on lower prices. They're hoping crypto nukes so they can buy back the missing assets much lower and pocket the difference.
4. They're actively shorting the market. They may be profiting from the crash while waiting to replenish customer reserves at lower prices.
These explanations aren't mutually exclusive, they could all be happening simultaneously.
I'm not claiming to have proof of any of this, but the timing is extremely suspicious.
Publish the reserves RIGHT NOW. Show us the shortfall. Then publish them again after you've replenished it.
AbelGaming retweeted
So Binance-linked MMs have allegedly been trying to break Bitcoin below 80k for over a week now.
And they haven’t managed to push it down significantly.
Why?
Because massive whales have been accumulating billions worth of $BTC throughout this entire period.
Now here’s where things get very interesting.
I believe the last straw for Binance was $HYPE suddenly attracting legitimate institutional interest and attention.
We’re talking about a roughly $4B increase in market cap within just 16 hours, starting from around $20B.
Do the maths.
20B + 20% in a single day.
And all of this while Bitcoin refused to break down significantly.
So in my view, Binance had two problems on its hands.
Bitcoin refusing to break below 80k.
And HYPE suddenly attracting dangerous amounts of attention.
What followed?
A swift market rug under the cover of an alleged hack. To cuck momentum.
And this is where things get even stranger.
A hack that was very conveniently contained by USDC and Tether.
Maybe a tad TOO quickly for my taste.
I’ve witnessed countless hacks in this space since 2018, and something about this one feels extremely odd.
It’s not how North Korean hackers usually operate either.
They typically manage to move a significant chunk of the stolen funds before anyone can intervene.
Yet this time, almost the entire $2B was reportedly frozen within a remarkably short period.
Interesting, isn’t it?
Given the reach of international law enforcement, I struggle to imagine many actors capable of pulling off something of this scale and escaping the consequences, apart from groups operating beyond that reach, such as Lazarus.
And if you think the official narrative automatically tells the whole story, that’s on you.
In my opinion, Binance is doing more harm to this industry than good.
And I believe much of that harm is deliberate.
First 10/10.
Now this.
Market manipulation at its finest, if my suspicions are correct.
SHUT YOUR MOTHERF*CKING EXCHANGE DOWN AND REMOVE YOUR CLAWS FROM THIS SPACE.
I’m counting the days until the Trump administration is gone, because I believe the scrutiny surrounding these players will intensify significantly.
And if wrongdoing is established, those responsible should face the consequences.
Stay safe out there.
Sincerely yours,
Skully
AbelGaming retweeted
Tin foil hat time.
My theory is that Binance has had a hole in their balance sheet for a while now.
Today was their last-ditch effort to nuke crypto prices so they could buy back way lower, fill the hole, and maybe even make some money off the top.
They saw prices going up, realized the hole was going to get WAY bigger, and decided to nuke it.
Unfortunately for them, prices didn't drop nearly as much as they needed.
And I'm not buying this story about some random DevOps developer getting hacked and compromising the entire operation.
I've worked in enterprise software engineering. Nobody at companies of this size should have that kind of unilateral access.
Changes to critical infrastructure typically have to go through multiple layers of review. Engineering, security, DBAs, org leadership, etc.
In a properly secured Kubernetes environment, you aren't be able to just waltz into production pods and do whatever.
You're telling me one compromised DevOps engineer had enough access to cause BILLIONS in losses, and there wasn't a single additional control in place to stop it?
You expect me to believe that shit?
Something doesn't add up.
This is speculation, obviously.
AbelGaming retweeted
TONS of you asked for it. So here you go. The Caliendo Cut. #madden
AbelGaming retweeted
BREAKING: Democrats' secret, CORRUPT plan to stack Alaska's ballot EXPOSED!
nytimes.com/2026/10/28/us/po…
AbelGaming retweeted
JUST IN: 🇺🇸 The OCC has officially finalized GENIUS Act stablecoin rules for implementation next January 🚀
