The Weekend Shift: Lawsuits, Ponzi Schemes, Regulation

Welcome to the 121st Weekend Shift!

What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write about.

OK, only crypto? Not necessarily. We do that Monday to Friday, so we try to explore new subjects on weekends.

Feel free to join in and submit entries on Twitter. Any topic is fair game.

36 mins ago

Starting off.

33 mins ago

We have received reports of wallets being compromised. We are doing all we can to investigate and analyse the situation. As we have more information, we will share it accordingly.
For any questions and concerns, contact [email protected]
— Atomic – Crypto Wallet (@AtomicWallet) June 3, 2023

Be careful out there.

32 mins ago

“Investors say Musk sold about $124 million of dogecoin after Twitter’s logo change led to a 30% price jump” https://t.co/NPp8SW58F7
— Avi Asher-Schapiro (@AASchapiro) June 2, 2023

32 mins ago

ICYMI

31 mins ago

That’s not true. We applaud Richard Heart for his spectacularly poor taste in fashion.
— Protos (@Protos) May 31, 2023

27 mins ago

Someone literally went to the effort of putting a bag of shit in the post and sending it to me with the note:
“Peter McCormack and Eric Wall are scammers”, signed Pulsechain.
Lovely.
Get control of your people @RichardHeartWin.
cc @ercwl #HEX pic.twitter.com/IYX2XBtGSo
— Peter McCormack🏴‍☠️ (@PeterMcCormack) May 31, 2023

Dear oh dear

30 mins ago

Just like that.

30 mins ago

The Monetary Authority of Singapore, MAS, issued a new notice requiring digital token payment/cryptocurrency companies to conduct stricter customer due diligence, including identifying and reporting “high-risk customers” they serve, and collecting and providing more information.…
— Wu Blockchain (@WuBlockchain) June 2, 2023

28 mins ago

Fun fact about Sam Altman: back in 2018, he signed up with a company called Nectome to have his brain preserved so that it could later be uploaded to a digital computer. Nectome’s process of brain preservation requires the patient to be euthanized.https://t.co/zq9a56Q7mT pic.twitter.com/8dCUPCDGaR
— Émile P. Torres (they/them) (@xriskology) June 2, 2023

Fun fact.

27 mins ago

Sorry about that.

27 mins ago

Still a banger.

26 mins ago

Lol

25 mins ago

VIDEO IS LIVE NOW!
Here’s a short thread about how I uncovered a $500,000,000 Ponzi Scheme, and a modern Bernie Madoff.🧵👇 pic.twitter.com/ILi5TVfRP1
— Coffeezilla (@coffeebreak_YT) June 1, 2023

Coffeezilla is back.

Source: https://protos.com/the-weekend-shift-lawsuits-ponzi-schemes-regulation/