NFT
The Twitter account NFTethics has shared a thread that explores the hyperlinks between NFTs/crypto, main monetary scandals corresponding to Wirecard and 1MDB, Goldman Sachs, and controversial financiers/buyers.
1/ This thread reveals there are deep connections between NFTs/crypto, Goldman Sachs, controversial financiers/buyers, and among the main FIAT frauds and monetary scandals over the past years (e.g. Wirecard, 1MDB) that can not be defined by mere coincidence. A thread. 🧵 pic.twitter.com/xENn3uNKyj
— NFT Ethics (@NFTethics) April 14, 2023
In keeping with the person, these connections can’t be mere coincidence. One instance of the linkages introduced is that Mike Novogratz, who owns Galaxy Digital, was a university roommate of Joseph Lubin, co-founder of Ethereum, and had the chance to buy 500,000 ETH for lower than $500k from Vitalik Buterin. Novogratz, Lubin, Dan Morehead of Pantera Capital, and Pete Briger of Fortress are all recognized for being early buyers within the crypto area.
The thread additionally alleges that a number of investments by Christian Angermayer, a enterprise accomplice of each Peter Thiel and Novogratz, are linked to fraudulent transactions, together with the whole ICO of BlockOne, and investments made via Angermayer’s FinLab. The thread means that the state of affairs could also be a lot worse than beforehand thought.
Furthermore, the thread provides that a number of IPOs related to Angermayer have declined considerably, with shareholders sometimes entities linked to Angermayer or his enterprise companions. FTX reportedly invested in Angermayer’s pharma firm, Rejuveron, together with a number of different entities linked to Angermayer, however it’s unclear why FTX invested on this firm.
As well as, NFTethics means that Lars Windhorst, a controversial German financier with a historical past of questionable enterprise practices, launched Goldman Sachs to Falcon Personal Financial institution, which was concerned within the 1MDB fraud scandal. Windhorst reportedly had private contact with Khadem al-Qubaisi, the primary suspect who’s at the moment serving a 15-year jail time period. Falcon Financial institution, one of many first crypto banks, collapsed and its executives went to work for his or her accomplice Bitcoin Suisse.
The thread raises moral issues concerning the digital kingdom and its influential gamers and goals to uncover inconvenient truths about them. The allegations within the thread counsel that there could also be hyperlinks between NFTs/crypto, main monetary scandals, and controversial financiers/buyers, which can have wider implications for the moral foundations of Web3.