Robert
599 posts
@nrobir
Lead Mobile Engineer at @Swan 👨💻 npub12cfje6nl2nuxplcqfvhg7ljt89fmpj0n0fd24zxsukja5qm9wmtqd7y76c
Today, Swan is launching Swan Generations. A new way for families to allocate real Bitcoin to the next generation, built on a sound foundation of ownership. With Swan Generations, Bitcoin is owned by the child and every gift is irrevocable.
Season 1, Episode 5: THE ONE WHEN DEVASINI ASKS: “DOES HE KNOW HE’S TRYING TO BLACKMAIL A COMPANY THAT BELONGS TO TETHER?” ABOUT A NORTHERN DATA WHISTLEBLOWER On July 5, 2024, Giancarlo Devasini, who controls Tether, sent a WhatsApp message: ‘'I believe you should talk to [REDACTED; Northern Data exec] and tell him to be a little smarter. Does he know he’s trying to blackmail a company that belongs to Tether?” German authorities recently arrested 4 personnel at Northern Data following investigations into Tax Fraud to the tune of $100M [1]. According to a Bloomberg report, Tether, the majority owner of the company, which has recently been orchestrating the company’s sale, claimed that it “was not aware of any such investigations” and that the company is “a small part of our overall portfolio of investments.” [2] Is Northern Data in fact “a small part” of Tether’s portfolio? As of July 2, 2024, this appears not to have been the case, as Northern Data was floating plans publicly and privately for a US IPO in the $16 billion range. [3] Allegations of tax fraud were brought by prior execs in 2024, who were allegedly fired after bringing the matter to management. The execs then filed suit against Northern Data on June 21, 2024, only later to withdraw the suit, claiming they “misunderstood/misstated the facts.” [4]. The message sent by Devasini may indicate that Tether was aware of the allegations. The big question, which perhaps @wsj @bloomberg @ft @nytimes @protos may be interested to dig into: As what remains of Northern Data (majority-owned by Tether), is sold to Rumble (majority-owned by Tether), with the Bitcoin mining business of ND apparently also going to yet another company majority-owned by Tether (according to inside sources), questions are likely to arise about the valuations and structures of these deals. If Tether is indeed on all sides of these related-party transactions, have the rights of minority investors been appropriately protected? Where could an enterprising journalist start? Find out who did the valuation for each piece of Northern Data that’s being sold off. Were the valuations fair? Were the valuations performed by someone beholden to Tether? What accounts for the significant change in Tether’s plans to IPO the firm for $16 billion just last year, to carving up Northern Data now and selling the parts to other companies of which Tether is the majority owner? Timeline • June 21, 2024: Former Northern Data execs file suit alleging the company hid German tax liabilities and committed tax evasion. • July 5, 2024: Giancarlo Devasini, who unilaterally controls Tether, sends message to a mutual contact of a Northern Data whistleblower: “…tell him to be a little smarter. Does he know he’s trying to blackmail a company that belongs to Tether?” • Nov 6, 2024: The whistleblower execs voluntarily withdraw their complaint; Northern Data issues a statement saying the claims were based on misunderstandings/misstatements. • Sep 27, 2025: European investigators raid Northern Data’s Frankfurt and Swedish offices; four arrests in relation to large-scale VAT fraud (estimated €100+ million) tied to Northern Data mining operations. Sources: [1] datacenterdynamics.com/en/news/europe… [2] bloomberg.com/news/articles/… [3] crypto.news/europes-larges… [4] northerndata.de/our-official-s…
If anyone ever wondered why its a really bad idea to live close to an Electrical Power Substation: Im around 200 m (0.1 miles) away and the electric field is fine but you get a 115 nT magnetic field even at that distance (thats a shitload) Real issue would be living anywhere close to this thing And I def wouldnt be grounding around that thing for the life of me
@ze_rusty My family moved next to a 5g tower. To try and mitigate the effects, each floor was built as if it was the first— thick concrete walls on each as opposed to just the first floor. Despite the tower being close, we get no service inside. Wondering how effective this is.
5k on N0STR is like 50k on X is like 500k on IG
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