Dirac

@WillManidis Clearly you’ve never been in a court case and have no idea how the legal system works…

@hirshjain if the allegations are baseless, they should be very easy to refute? wouldn’t posting a refutation of their claims be a better option given that you’re already choosing to draw public attention to the matter? or would that be “bullying” to respond

1/6 Palantir sued 3 of Percepta's employees (including me) last week. They're trying to bully us. We should all be concerned when a $400B+ giant is attacking a 35-person start-up over baseless allegations.

@DriciKlint @tittyrespecter checks

Inversebrah probably 8 inches soft, 11 inches hard!! it curves a little bit upwards and a little bit rightwards. the body of the dick is the same size as the head and it’s girthy as hell with few arteries and veins popping in sight!!. his balls hang perfectly

@maxresnick Not at all “Hey we see that there’s clearly $90 of assets with probability ~1 to cover your $100 deposit, so we feel fine giving you $40 early. They’re all accounting entries anyhow. When we sell the $90 of assets we will pay ourselves back the $40 and you get the rest”

@0110dir You wouldn't call issuing "advances" on the uninsured portion a bailout?

Quick look at SIVB probably caps losses at 15% MAX if I were betting Most likely outcome in my mind is 0%, given reg. bodies involved + a decent chance of a sale over the weekend. It’s good politics. Even at 15% loss USDC at 96-97 is mispriced. 15% * 8.5% assets = 1.2% loss.

@maxresnick Bails who out? The FDIC covers their insured portion and then market resolves the rest.. there’s no gov bailing out required if a full sale of the bank goes through

@0110dir I mean if FDIC effectively bails them out

@maxresnick Not sure what you mean… doesn’t rely on gov “behaving”

@0110dir Yeah obviously if the gov behaves then they are fine, but if not there is still a run possibility

@maxresnick Meaning, for example, if they’re confident depositors will recovery 90%, they could advance everyone 40% while they wait to liquidate assets

@maxresnick That’s partially a misconception. If there’s a sale of the bank over the wknd, may be able to withdraw next week. Even if not, FDIC insured deposits will be withdrawable next week according to my understanding with counsel. FDIC can also issue “advances” on uninsured portions

@0xtuba *insert algebra/topology pun*

New and growing genre of CT account: Anon acc posting quant focused content, has HFT in their bio, and jokes/style/brand possesses highly mathematically-inclined aesthetics

@0x_tracy Gud, fully deserved

NEW: Feds are investigating *that* dev who made 11 anon alts in order to build Solana ponzis that pumped billions in TVL only to soft rug and later move over to Aptos Just imagine what Ian, Avi and Sam could accomplish together

@Max_from_France Yeah but I’m trying to disentangle “dumb” tokenomics with a legitimate efforts project from nefarious tokenomics with vaporware

@0xdirac werent both the full 99% VC / 1% circulating supply to pump mkt cap to billions playbook ?

If you trust the data here, that is opencorpdata.com/lei/54930045ZH…

Fyi Modulo Capital’s registration address is in the same living community (Albany) as Sam’s penthouse Not sus at all

And yes the Bahamian govt made me pay $10 for this info

Note, this is not the Brazilian fund with the same name

Is modulo capital, the “quant fund” Alameda invested $400mm into, a real fund? I see a Modulo Capital Inc on Bahama govt registry, but no directors listed and ultimate holder is Lennox Paton, who presumably holds it on behalf of another international person/entity

@tarunchitra Well what’s nice is that in the modulo capital world, [-30%] returns are probably in the same equivalence class as [+100%] returns so might as well pick the latter as your representative element!

@0xdirac Also, kind of a bad name: "we're a fund modulo capital" "wait so you're a fund up to the ... equivalence class of capital? So you have no capital?"

@testinprodcap I’ve always had a similar line of reasoning, timing feels sus

By some anthropic principle adjacent theory, I simply have to conclude that I’m also an AI and that history was all a scam.

I have to kinda wonder why I was born during the last human generation before the ai overlords arise. There must be some significance to it.

@testinprodcap wdym? Chet said “section 1112 of the bankruptcy” he def knows what he’s talking about go Chet

Seriously. Can we get someone who actually understands how ftx / the margin system works to interview sbf. These interviews are ridiculous.