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all 9 comments

[–]bangand05K / 6K 🦭 2 points3 points  (3 children)

Why are only 100k moons getting burned? Where did all the rest go?

[–]mvea108K / 50K 🐋[M] -1 points0 points  (2 children)

Reddit already burned 40 million moons. They had some left over that they are burning and mopping up in random wallets.

[–]Montana-Safari7 1 point2 points  (1 child)

They still have at least two big wallets left. Listed as "Admins" and "Reddit Wallet #4" on CCMoons.com. These two wallets total 828,710. Basically 1% of the total supply, so a significant amount.

[–]mvea108K / 50K 🐋 0 points1 point  (0 children)

The mod team has raised this with Reddit already. It’s likely Reddit forgot about these moons as they are from the testnet days.

[–]Aquabloke0 / 0 🦠 0 points1 point  (4 children)

So FTX got rolled up. Binance is now under supervision with CZ doing time behind bars. We know that the government has been investigating Tether for quite a while now. Surely there will be plenty of skeletons there?

Only question to remain, did Tether never do audits due to organized crime links? Or is the money just gone?

[–]G-E940 / 0 🦠 0 points1 point  (3 children)

US government needs to stop. They’ve done enough already. Benance did nothing wrong, Tether has been reliably pegged for as long as I can remember.

The system is working beautifully, as soon as the us government comes in and starts finding all this poopy under the desk you gotta wonder why..

It’s the same principal as a police officer planting drugs on a “criminal” and “finding” them in his car.

FTX was another thing entirely. One of the worst things that the crypto market has ever seen. But hold on wasn’t FTX us based? And now you have people discussing reviving FTX.. hmm …

[–]Aquabloke0 / 0 🦠 0 points1 point  (2 children)

FTX was not based in the US, what are you talking about?

[–]G-E940 / 0 🦠 0 points1 point  (1 child)

Were they based in some island nation? I know they had a global market but like… they were biggest in the us. Don’t you agree with that?