GMΞRICA 🏴☠️ 🇺🇸
369 posts


Roaring Kitty's X account was hacked yesterday
The hackers shared a CA, posted multiple tweets and it sent the coin to over $10M MCAP
Once the heist was successful, they began moving the funds and this is how they did it:
The hacker operated with these 10 wallets:
Ek6SAEMuQgS6whJnzbLjyNaovy9qYqkuoapXAsxeN3q9
BgqQ2NRiKqNCUnUyYd2q4ttzKy5P4sneLdcJQh7mZGHJ
BGYDRS1JHVqCXjTGNQ79QYQs8YxSg1RPicQfpZcNdkSC
AvqQzqFMNvwfsjHashzWW6LvnCbkjRearKCi1KegU7Ed
CsZGEixjcanJ47QY5sX4s6fRkrxNMDSUZfJqTURbGkWS
AjTSCKDiowibfyKdRyyLB1nrGnrAMSFvXHnZzTyv8rNP
GEetNkwTCXTeChGjxfkGoZUHWkYBmBJhRKcQF7Fe7LDa
CgCm3rS1NMhzdnao1MF239HTZpBNCqvRJdQHvmjbKbYG
GQ4S8mpiJoVUZD4AjLTu82Vjn6PjcnDBRpmCjDEYFgkL (dev wallet)
5YB7jsBZUV9uxt21yEgZyefLevrZ7KAYFaVKKuk88QoZ
The first path runs through Ek6S, which made 958 SOL in profits on $RKC and then received funds from the following wallets: 435 SOL from AjTS, 595 SOL from CsZG, 718 SOL from BGYD, 573 SOL from AvqQ, 488 SOL from a HTX hot wallet and another 289 SOL from GQ4S
By the time the consolidation finished, Ek6S was holding 4,059 SOL
Ek6S sent out everything in two transactions, 3,769.5 SOL and 289.6 SOL to C7Ce
C7Ce then split the funds in half, sending 2,030 SOL to DSCw and sitting on the other 2,030 SOL
DSCw didn't hold for long either
It topped its balance up with SOL from another address and pushed 2,050 SOL to 2t79, which is where the laundering trail really starts
2t79 swapped its entire balance for USDC (2,050 SOL to $199k USDC) and used Mayan Bridge to send the $199k across to 0x9B on Arbitrum
From Arbitrum, the same address bridged to Hyper EVM using Hyper Bridge, with the $199k landing on Hyper EVM at the same 0x9B address
On Hyper EVM, the USDC was swapped into XMR and the Monero was then forwarded to 0x23, where 475 XMR ($198k) currently sits
Off to the side, the dev wallet GQ4S ran its own smaller cash out, 500 SOL sent to FuE7, with another 420 SOL kept back in WSOL
FuE7 converted the 500 SOL into $48k USDC and moved it straight to Gxjc, an instant exchange hot wallet, at which point it's effectively untraceable
The second path runs through GEet, which made 118 SOL in profits off $RKC and received 102 SOL from CgCm and 871 SOL from BgqQ
Rather than swap or bridge, GEet split the funds in two, 654.6 SOL to E3dw and 437.3 SOL to 2FYL
E3dw later forwarded the entire 654 SOL to FTpy
FTpy also received another 410 SOL from T9UD, bringing the wallet's total inflow to over 1,065 SOL
FTpy then bridged the full 1,065 SOL to Ethereum using Relay Bridge, with the funds landing as 43.7 ETH in wallet 0x42
From there, 0x42 sent 43.7 ETH back to Solana through Relay Bridge, where the funds landed as 1,045 SOL in wallet 7dkg, where the balance still currently sits
0x42 also split the remaining balance into two separate Tron wallets using Relay Bridge, with both wallets receiving roughly 595 USDT each:
TGX2
TK5Z
TGX2 has already made two deposits into RedotPay, a KYC crypto card provider, creating a potential identity trail for investigators
The wallet T9UD originally received its 410 SOL from 5YB7, which itself made 623 SOL in profits from $RKC
5YB7 then began splitting off smaller laundering routes
The first transfer was 87 SOL sent to 347y
347y converted the funds into 8.5k USDC and bridged to Arbitrum through Mayan Finance, landing at 0x95
0x95 then bridged the funds again to Hyper EVM using the Hyperliquid bridge
Once on Hyper EVM, the full balance was swapped into XMR, converting 8.5k USDC into 20.27 XMR
The XMR was finally forwarded to 0xa6, where it currently sits
Another 75 SOL was sent from 5YB7 to ZcFA
ZcFA converted the funds into 7.2k USDC before bridging to Arbitrum through Mayan Finance, landing at 0xA0
0xA0 then bridged the funds to Hyper EVM through Hyperliquid Bridge
Once on Hyper EVM, the wallet converted the entire balance into 17.35 XMR before forwarding it to 0x03, where it currently sits
A final 50 SOL was sent from 5YB7 to 5nXY
5nXY converted the funds into 4.8k USDC and bridged to Arbitrum using Mayan Finance, landing at 0x1b
0x1b later bridged the funds to Hyper EVM using Hyperliquid Bridge
The full balance was converted into 11.59 XMR and forwarded to 0x38, where it currently sits
At this point, large portions of the stolen funds have already been laundered through cross chain bridges, instant exchanges and Monero conversions
However, several wallets across Solana, Tron and Hyper EVM still hold funds directly connected to the exploit
Whoever this was, he knew what he was doing real good

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@Buckydunn @0xSweep I find that easier to believe than his account wasn't properly secured after all this time. Both possibilities are bizarre but I think one is harder to believe.
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hear me out…
1. eBay accepts
2. GME dumps hard because the street thinks they’ll spend all their money and dilute
3. Bobby cash payout where we buy the dip
4. GME reveals they have another source of funding and won’t dilute/use up their cash stockpile
5. Valhalla
Mags@magsonthemoon
What if the wild card is that Ryan has another source of cash 🦋 and decides to complete an eBay acquisition without the massive GME dilution Wall Street is expecting?
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@gnoble79 Everything tRump does will be Undone in a couple of years by the next administration.
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THE SEC JUST BETRAYED EVERY RETAIL INVESTOR IN AMERICA
They formally proposed ELIMINATING mandatory quarterly reporting. Companies would file 2x a year instead of 4.
Trump championed it and SEC Chair Atkins fast-tracked it. The Republican majority on the commission means it will almost certainly pass.
The stated reason: quarterly reporting creates "short-term thinking."
But the REAL beneficiaries are CEOs who don't want investors asking questions every 90 days.
This isn't a new idea either.
Trump mentioned it during his first term in 2018 and the SEC studied it. But their own economists concluded that quarterly reporting increases transparency and reduces the cost of capital for companies raising funds.
They ignored it because the evidence said it was a BAD idea.
Now it's back. And this time the votes are there to push it through.
The argument that quarterly reporting encourages short-termism sounds reasonable until you really think about it:
Jamie Dimon and Warren Buffett wrote a joint op-ed in 2018 calling for the end of quarterly guidance. But guidance and mandatory disclosure are two completely different things. You can stop giving guidance tomorrow - nobody's stopping you.
What this proposal does is let companies stop SHOWING YOU THE NUMBERS.
Think about what that means in practice.
Right now if a company's margins are collapsing or cash is hemorrhaging or debt is quietly ballooning, you find out within 90 days. Under this proposal you might not see those numbers for half a year.
That's 6 months where insiders know the business is deteriorating and you don't. 6 months where management can keep selling you a story while the fundamentals rot underneath it.
America's capital markets became the envy of the world BECAUSE of disclosure requirements, not in spite of them. The quarterly reporting mandate has been in place since the 1970s. Every major economy that weakened its disclosure regime saw transparency deteriorate.
When the European Commission dropped quarterly reporting requirements in 2013, research found that information asymmetry between insiders and outside investors widened almost immediately.
Now ask yourself:
Who benefits from cutting financial disclosure in half?
Not retail investors who already have less information than the institutions trading against them.
Not analysts trying to hold management teams accountable.
The beneficiaries are executives who would rather go 6 months without an earnings call than answer uncomfortable questions about where the money is going. Companies where the gap between the story and the numbers gets wider every quarter. Companies where the CEO's compensation is tied to stock prices that require narratives nobody is allowed to question.
In 45 years on Wall Street I've learned ONE thing about transparency:
Companies that want you to see less are ALWAYS the ones you need to watch most closely.
The SEC is proposing to give them exactly what they want. In the most leveraged, most narrative-driven, most accountability-free market since 1999.
THIS NEEDS TO STOP
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@PhantomBlack699 Safe to say I never had appearing in a $GME 425 on my bingo card...but here we are.😂
x.com/ValueAddedRS/s…
Liz Morton ~ Value Added Resource@ValueAddedRS
Of all the things in the last week that were not on my bingo card....this was not on my bingo card the most. 🤣 $EBAY $GME
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@driver61d1 If Gamestop is giving up 8B of it's cash to complete the 28B cash payoff to Ebay that leaves GME with only 1B in cash so it isn't worth 11B anymore.
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IS THIS THE GENESIS OF GAMESHIRE BATH-EBAY?!
If I'm understanding correctly, $GME can pull off the acquisition of eBay $EBAY with little to no dilution of current GameStop holders by rolling over equity into the new company via a reverse merger triangle, similar to the Skydance Paramount Merger.
50% of eBay's equity will be rolled over into the new company and 100% of GameStop will also roll over.
Thanks to the deal being 50% cash, we can half eBay's equity in the new company.
$27.5 billion equity for eBay
$11 billion equity for GameStop.
This gives legacy eBay holders 60% of the new company and legacy GameStop holders 40%.
THE BIG QUESTION BECOMES WHAT SHELL WILL SERVE AS THE NEW COMPANY!?
DK-Butterfly (BBBY) can be used with the added bonus of NOLs.
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@Taylor40102754 @upland_baron No one is gonna buy 28B in GME shares if the company isn't worth that extra money. Do you think it's a money printer or something.
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@upland_baron @GM3RICA @Hey_ross You just do. The shareholders give you money by buying new shares. It would be very difficult at this current share price but it’s not impossible.
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@Taylor40102754 What are you talking about? They need 28B in cash but only have 20B in the credit letter so they need to take 8B from the GME's cash pile for the cash portion of the deal. Then they need 28B in shares also, but you can't create that value from thin air.
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@Taylor40102754 @Hey_ross You can't issue new shares to make $28B, the company is only worth $10B now with 9-11B in cash. If you take $8B away for the cash payment GME now has $1-3B in cash and is only worth $4B. You can't sell $28B in shares from a company only worth $4B.
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@WazzCrypto Hey @VitalikButerin do you know anything about this? No?
😏😏😏😏😏
You ruined a great thing for humanity. For greed. You will never be forgiven.
And you will be jailed like Justin and the others.
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Hundreds of wallets (many of which haven't been active in 7+ years) just got drained by the same address on ETH mainnet
Seems like a new live exploit, worth flagging

Capitulation.eth 🦇🔊 🦞@TheTakenUser
Funds left my wallet to this address. Not sure what the vulnerability surface is. Others are getting zeroed out as well. Mainnet ETH only and strangely SAI: etherscan.io/address/0xa707…
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@larryvc Why does RC promote the very person who creates the instability that prevents the ability to predict the future? It's kinda like shooting yourself in the foot.
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Two contradictory statements I'm hearing a lot in my world:
1. Everything is changing so fast, no one can tell the future.
2. My portfolio company should trade at a 10x revenue multiple.
These two statements are contradictory because for a company to be valued at a hefty revenue multiple (not even talking about earnings multiples yet), you fundamentally have to believe in the predictability of the future.
You have to believe in the stability and revenue growth over the long-term and then, on top of that, you have to believe in the the potential profit generation on the even longer term. Both have to be predictable - that's what supports a large revenue multiple.
The public markets agree with #1 and that's why everything has traded down on multiples. The public markets are being consistent. You won't see #2 come back until there's more clarity on #1.
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