Newsletter #260 - Battles in the Court, Battles on CT

Hey Shitcoiners,

There is never a dull week in this space. The past week delivered once again. Before we get to that be sure to check out this week’s episode of Wage Cucking With Jmo! Tune in for thoughts on the latest Binance FUD, why everyone is talking about Real World Assets and lots of hot takes. The show is also available on Spotify.

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To kickstart the newsletter this week, we have a shoutout to the CT Fightooors out there.

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Ben Armstrong, who formerly went by “BitBoy” before being ousted from his own company, has been the center of attention over the past few days. Supposedly he has lost all of his money and now needs funds to fight his own legal battle.

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He wasn’t doing any ZachXBT numbers but he still covered some of his possible fees.

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Remember when BitBoy tried to intimidate a YouTuber with a lawsuit last year? Ben is down astronomically when you compare how much he raised vs how much was raised against him.

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We have to give it to Ben. He knows how to get people talking about him. Imagine if this is all one giant psyop.

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He even has people photoshopping CZ tweets against him!

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While CT analyzed the BitBoy situation, Justin Sun was busy launching some next-level animations. We would watch the sequel.

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Justin has made his way through this bear market pretty much unscathed, unlike SBF. Every week we get more snippets of how things went wrong at FTX/Alameda. Here’s how a misplaced decimal left us all rekt.

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Sam’s parents are now coming under scrutiny. Yikes.

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We aren’t sure if this is verified, but supposedly Joseph Bankman, SBF’s dad, was very annoyed that he was only on $200,000 per year at FTX US. He was so pissed that he had to get Barbara in on the email.

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Joe did not have a good week.

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The FTX drama looks set to linger on for months to come and soon we can read all about it in detail in Michael Lewis’ new book!

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Losing money on exchanges is nothing new, ask the Mt Gox creditors. The goxxing never ends…

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If the bear market is getting to you and you are engaged, we may have found a solution. It’s time to call that shit off and get your hands on another Bitcoin.

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Or you could just buy tungsten cubes.

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One man who knows a thing or two about tungsten cubes is Eric Wall. Supposedly he doesn’t think Jmo knows anything about game theory.

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Jmo strongly disagreed.

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While CT larped as market savants, some were putting their money where their mouth was. The market does not look sifu.

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Sifu is a man known for “interesting” business practices. This sounds like it’s straight out of his playbook. IOTA need more tokens.

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To a small section on adoption now. Does this make you bullish on cryptocurrency payments?

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This might.

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What’s a newsletter without a mention of the latest hacks? Mark Cuban was this week’s victim.

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We round this one off with the budget version of Shark Tank.

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That's all for this week. Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next time.

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Team Shitcoin.com

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