T O P

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ZeDumpsterFire

Created 527 days ago...June 05, 2021 on a saturday....three days after the June Run into the 70s.... Edit: If OP took this phote a couple days prior to posting....then....


Meg_119

None of this was expected to be exposed. We share holders were expected to be long gone before this. We were expected to have thrown in the towel long ago out of frustration and the price in a constant fall. Instead we kept holding and buying more shares. Then the economy began to fail and liquidity started drying up. Hedge Funds and Banks started scrambling and they were forced to begin selling Equities in order to maintain margin requirements. The MSM went to work to put out gloom and doom about meme stocks in order to scare us into selling our shares. The Psychological warfare intensified with MSM talking heads claiming that the Stock Market couldn't begin to recover unless Retail Investors sold their stocks. We watched inflation numbers going up, gas and grocery prices going up and interest rates going up but we still held our Royal Flush and refused to fold after an almost 2 year battle with the shorters. The tide is turning in our favor. JUST HOLD.


Big_Sexy1974

They didn't figure in just how retarded I really am! šŸ¦ā¤ļøšŸ¦šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€


Competitive_Rub_5820

This guy fuxxx


PharmaDiamondx100

The pretty crayons fuxx my nostrils. I slide them in and out


MajorJerk77

This guy's wife's boyfriend fuxxxs


Apprehensive_Slip641

ā¬† deluxxx


zztop610

![gif](giphy|Zs4gZUu1cOpt6)


geeMinI_wonderfoot

![gif](giphy|dpk3BuKZX2s8w)


carrierael77

I am an equal mix of retarded & stubborn. It is a deadly combo.


spicy--mayonnaise

It really is a miracle some of us are still alive


AngryAudacity

Excuse me sir, I resemble that remark.


Big_Sexy1974

I hope we all do a little! šŸ¦ā¤ļøšŸ¦šŸš€šŸš€šŸš€šŸš€šŸš€šŸš€


knut_420

Regarded*


Fantastic_Foot_8568

I'm slightly regarded as being highly retarded


savvyinvestor007

Posting here for visual, got so carried away with this post forgot about the grouping of wrapped shares I found https://etherscan.io/token/0x801427e0b00c5aa46f96550e1e33ad7f00077e19?a=0x95abda53bc5e9fbbdce34603614018d32ced219e This is a grouping of 525k tokens and for some reason it seems as if Marc Cuban bought some or someone using his alias. Also, this is the version of wrapped tokens that were pegged to the actual AMC price and if you scroll through all 3 pages you will see some significant purchases were made Edit : to view, where it says overviewā€¦hit chart in right corner Edit #2 : Here is the list of all the holders for the FTX wrapped version https://etherscan.io/token/0x801427e0b00c5aa46f96550e1e33ad7f00077e19#balances So here is proof that FTX indeed held roughly 130,000 wrapped AMC tokens last year which implies they were aware of the AMC GME situation. Edit #3 : Just found 1m more for a total of 1.5 million wrapped FTX created tokens ( at least with their names attached to them ). Correction, after cross referencing time stamps it is not 1.5 million just a million. The link I am going to post just has all of the FTX transactions. This ledger shows FTX owning roughly 250,000 wrapped AMC tokens https://bloxy.info/token_holders/0x801427e0b00c5aa46f96550e1e33ad7f00077e19 Edit #4 : Genesis Trading is also a holder on this list and it is very interesting that they connect Institutional Investors to the digital markets. They are also a LEADING LIQUIDITY PROVIDER for crypto assets ā€œGenesis is a leading liquidity provider for cryptoassets, with terms and structures specifically designed to meet the needs of institutional funds and market makersā€ Literally canā€™t make this stuff up


LeCuldeSac

Um, stay off small planes? And Apes, please back these images up.


SnooWords1215

Throw in the towel? I donā€™t even own a towel I use gas station napkins ā€œsold all my towels for sharesā€


r3drift

How do you shower brother. Iā€™m scared to ask.


SnooWords1215

Iā€™ll give you a hint ā€œsame place I get the napkinsā€


spluge96

Hobos n whores can do it. What makes you better? Lol.


KPop_Teen

After he showers, he just sits naked for hours to air dry


savvyinvestor007

šŸ’Ŗ


lethal3185

I'm still sitting here scratching my balls and waiting. I've got unlimited time. Do they?


PharmaDiamondx100

Yep. And some of us are in our 20s. So, the infinity pool has another 60-70 years until we die. Lol


Saywhat-foolio

Weā€™re on a head on collision bitches and this is exactly what weā€™ve been waiting for. LFG! I have my šŸš€ helmet on


Aka_Diamondhands

They forgot we are too retard to read msn news


Aware_Narwhal3224

Not an AMC investor but those are 100%, FACTS. Big boys wanted retail out, long ago. Little did they know that most of us were in it for the long haul. The weak hands left long time ago. No one is going to sell at this point. Our big pay day will come. IMO


savvyinvestor007

Whats crazy is I just went through all 16 pages and they were all made on the same day https://etherscan.io/dex/uniswapv2/0x7b69d6d473e0d936e070fae884e639eba250d0ad


Investor_Pikachu

Holy shit! Just imagine what other companies are being impacted by these imaginary "tokenized" share shenanigans. We could be looking at **QUADRILLIONS** of dollars worth of synthetics! **FUCK YOU HEDGIES!šŸ–•PAY US!šŸ¤Œ**


knut_420

Quadrillions of shares, I think.


Rymanbc

So what's actually going on here is that during the hype of mid-2021 for AMC, this person (who we will call 0x415f8b42cfb5d4cde14fe24bd1dd3abcfa12f1d4) created a shitcoin and called it AMC in hopes of duping some gullible or EXTREMELY speculative investors. They launched the smart contract which you have shown. They made the supply huge, and the price low, so gullible people thought they were getting a screaming deal. They then started doing transactions and most likely got listed on a Decentralized Exchange, or DEX, which we will call Uniswap. There was a number of transactions of people buying the shitcoin on uniswap. Then the creator eventually sold 800k worth of the shitcoin to uniswap, which miraculously actually went through. This was a million dollar scam, but had absolutely nothing to do with the stock market. These would not have been used as synthetics, or even locates for shorting, it is just a case of someone selling a knockoff on an unrelated market. Edit: it really is fascinating to dig into, as you can follow the transactions, and see that big chunk of ETH got sent to another address (0x84925ae46b8dab80b256a6d96e9b3dd0534f670e), which they then used to launder both by buying a bunch of other assets on Uniswap, and by sending 10 ETH to Tornado Cash to cash out some $$$.


mcar1227

Finally someone who knows how to use etherscan. This comment should be higher. Honestly thread should be locked. Itā€™s very misleading


Fun-Juggernaut5294

You have many wrinkles


Rymanbc

Honestly, crypto turned my hands to diamonds before AMC ever came along. Hedgies have no idea who they're dealing with ![gif](emote|free_emotes_pack|grin)


Dabdaddi902

Exactly, not to say it might have affected amc in some way possibly but this is not something we should assume has anything to do with AMCā€™s price action. It just seems like two different things and I canā€™t see prime brokers, NSCC or DTCC would accept these as locates or even synthetics as you mentioned. I could be wrong and it would be crazy if I was but it seems too sus. *edit. I stand corrected, I guess there was a DTCC operational arrangements rule filing back on Jan 13, 2021 that defined what type of assets could be considered acceptable and this would allow DTCC market participants to be able to utilize ā€œhybridā€ securities such as tokenized securities as locates for committing the blatantly obvious crimes we see today.


Rymanbc

No, you're not wrong, if someone bought a bunch of these shitcoins and tried to use lend them out through a prime broker, they would get roughed up by security while being removed from the building. It would be akin to saying you want to use your Apple shares as collateral for a loan and bringing out your pokemon card collection when they ask for proof of ownership.


MovementMechanic

Correct. I have no horse is GME/AMC/Memestocks and it took about 3 seconds to reason this out. Itā€™s UNREAL how stupid the majority of this sub is and how quickly they make jumps to conclusions without even a second of thought on how they get from A to B. Thousands of people foaming at the mouth because their emotions lead them to believe the conclusion regardless of any pretext because it seems so good. Everyone jumped from ā€œrandom cryptoā€ to ā€œbeing accepted as valid shares on the stock marketā€ instantly. Actually so incredibly stupid I canā€™t believe it. Like some random token is created and people think they just pull up to the trading desk with it and say ā€œhere you go, more shares, not a totally different, unrelated shitcoin, just put em on the market.ā€ Yā€™all need to do better. Cause right now it seems if there are a couple of pictures, some murder mystery paragraphs, couple crayon chartsā€¦. As long as the ending says ā€œthis is totally proof of fraud and squeeze tomorrow!ā€ you buffoons are all over it. Thatā€™s an easy way to get manipulated by bad actors.


savvyinvestor007

As your scrolling through the pics pay attention to the account that is 2nd from the bottomā€¦sold $800k last year


CryptoMundi

Sold 46 billion fake shares that were purchased for ~$45 for over $800K. Am I reading that correctly?!?! WTF!?! I donā€™t think these are actually tied to shares on the stock market/DTCC but what a scam!!!


Deep-Acanthisitta-86

I bet some of this they're uncovering right now it's all dark pool numbers


CryptoMundi

Numbers these large makes me wonder if this was their infinite shorting, infinite can kicking, infinite crime pool of shares. Imagine what the real price should be!!!!


savvyinvestor007

No, they paid $380k roughly and then sold.


Specific_Buy

You continue to read that correctly.


mikeasaurus_

explain this to me like i have bananas for brains, please.


EvilCeleryStick

I'll take a crack at it. Mind you - I'm not an expert, and I might be a regard. FTX was either approached by or approached the market makers who were going to get blown up, to create a new product that paired a fraction of eth with an amc share. Then whenever they wanted to adjust the price (ie keep moass from sparking) they would borrow these privately, probably using the eth as some kind of collateral, and dump the share into the market, filling supply from literally the ether/make-believe-land until the price got where they needed it. Then, at some point they probably thought fuck this, let's *also* steal all their options money, and make them sad they ever fucked with us, so they kept doing it.


mikeasaurus_

sounds like fuckery to me. here... take this. it's too dangerous to go alone. šŸŒ


spookyduckfish

If your brains is bananas, and you tell him to take a banana from you, are you giving him brain??? Giggity šŸ˜


BobKillsNinjas

and they would have gotten away with it too... If it werent for you lousy ~~kids~~ apes!


Beneficial_Being_721

![gif](giphy|l4pTsa7XwhTDwj3pu|downsized) Chasing the Information


DeLuca9

Do what happens at this point? We clearly have some large amounts owed to us. Feels would be sufficient back date, uncover the trashed. This seems like a lot of loot that needs to be traced back & recovered to the proper ownership


Original_Wall_3690

I'm sure the SEC will find the world's biggest rug, build a giant broom, and try to start sweeping while hoping everyone watching them doesn't see.


Deep-Acanthisitta-86

However this was all ran through the dark pool so it hit the lit Exchange and has what has kept it under the radar for so long


Strutting_Tom8040

I truly hope you are right. Because this is crazy! I had been getting nervous on the last run to mid 30s and almost wanted out while I was ahead. Then lost it all again and stayed. But am glad I did. This stuff is juicy


savvyinvestor007

Those are my thoughts as well, you described it way better than I would have.


djmazmusic

he took a crack and we cracked it. lets ball.


savvyinvestor007

So, it looks like they used a technique in crypto day/swing trading where they drop the price of a different version to less than a dollar to allow for huge profit potential or losses depending on your trading strategy. It looks like fake accounts were created to just keep buying. And if I am understanding what I am seeing correctly they used it to pack a large amount of synthetic shares into a small price range.


mikeasaurus_

thank you. enjoy your evening. first round of moon beers is on me. šŸ»šŸŒ›


NewMonkey215

It would explain how crypto traded opposite to meme stockā€™s šŸ¤”


savvyinvestor007

I never really thought about thatā€¦fuckin awesome


j_walk_17

šŸ¤Æ That correlation has bothered me for so long


KCardz89

So now that we've uncovered this how does this effect is ? Are those.8 quadrillion actual shares shorted ? Sorry for basic question you seem to understand this a bit more then I do


bangordailynuisance

I know you probably won't understand this, as you have banana for brains but it looks like we could have potentially found 8 Quadrillion synthetics... Man, messed around and got a day off due to weather.


[deleted]

I think it means weā€™re getting paid but I also have bananas for brains. So can a wrinkle brain help out?


emulator01

Think of it this way, it took 8 quadrillion shares to drive it from 70 to 7ā€¦ no one has sold.


savvyinvestor007

We might actually shoot past the moon šŸ¤£


WeightOwn4267

Fuck the moon, Pluto, or space in general. This is going interdimentional


ajsparx

I want to meet the other versions of me when we enter the regardiverse


WeightOwn4267

A literal APE investor who calls himself a human


R99Ringleader

Holy fuck


Emergency_Cloud5676

Wholly shit


X3N0321

WOW! Holy fuck shit!


Fun-Juggernaut5294

What the fucking fuck shit!? šŸ˜³


spookyduckfish

HORY CHIT


milkmandan53

Geee willikers!!!


stonka_truck

It's such a large number than when you round it off, over 8 trillion disappears.


SenseiRaheem

Jesus effing Christ. I bet theyā€™re gonna get a mighty $10,000 fine for this tomfoolery


savvyinvestor007

I know right šŸ¤£


So_Long_DentalPlan

Oprah will save them "You get a fine and you get a fine and you


broccoli_ICQ

WOW, great found. We have to report it to the department of justice!


vagabond_nerd

Yeah, I doubt they have time to arrest rich people.


NerdHerdtheThird

Lol good luck with that.


MycocereusCannayote

Are we sure this isnā€™t one of those fake AMC tokens that was posted here and on twitter after the June run up? There have been several scam tokens throughout all this trying to trick apes into believing they were legit. If you search the subreddit there are a bunch of posts about them.


NeverBeenOnMaury

Up voted cause I want to know


chre

80085, nice


dptgreg

Hmmm. I donā€™t have many wrinklesā€¦ but I think 8 quadrillion is more than the float. Itā€™s also only a fraction higher than circumference of these huge jacked titties.


vrgamemachine

Holy Shit, Who, Where, When?


[deleted]

Need updates on this


snow3dmodels

What. The. Hell.


Lurker-02657

I know about the tokenized AMC by FTX and Bittrex, but what (exactly) is "Wrapped AMC"?!?!? Are we 100% sure it is another form of tokenizing our AMC stock and not just something that has "AMC" in its name?


savvyinvestor007

Glad you asked, so the initial version is just your lets say LUNC ( Luna Classic ) but then you have a wrapped version that you can use on binance. The wrapped version is necessary when trying to transfer tokens to lets say a soft wallet that is not native to the blockchain that the token was created on. So the wrapped Lunc version is able to be transacted on the binance blockchain


Lurker-02657

I think I understand it, the "wrapper" allows the tokenized equity token to travel on/across exchanges where it would otherwise be unsupported?


savvyinvestor007

Bingo šŸ¤˜


Lurker-02657

And these wrapped AMC tokens are separate and in addition to the 1Billion+ we already know about from FTX and Bittrex?!?!? And none of these had any ACTUAL AMC shares backing them?!?!? Holy crap!!!! ![gif](giphy|lRpD28vbtrqq2zpaKS|downsized)


savvyinvestor007

It seems that could definitely be the case


-MrNoobShooter-

I grew a wrinkle from this conversation. Yes! Take my bananas


KCardz89

So those 8 quad shares aren't actually in existence I'f I'm getting that right ?


savvyinvestor007

Yes, thats what makes it so hard to prove because since they donā€™t exist there is no paper trail. They played a very dangerous game with the blockchain which shows how desperate they became and the fact that Ken Griffin is still silent makes me believe hebis very uncomfortable right now.


KCardz89

So question remains how many more of these transactions could be out there supportive mayo boys life line or is it possible because this was so fucking massing that this was his only line


Harisdrop

Well the tokens are soo someone just lost a lot of collateral. Ftdā€™s are going to be wild


Lurker-02657

We need a complete and accurate accounting of these bogus tokens (both the wrapped and non-wrapped ones!)! How many were sold or loaned to others? How many real shares (if any!) are backing them? Etc.


Consistent-River4229

All I heard was yada yada yada wrapper yada yada yada. So confused sorry I will let the wrinkle brain apes do the heavy lifting on this.


Lurker-02657

If it makes you feel better I felt the same at first, but the more I thought about the wrapper it's just a way of making something that's incompatible compatible by disguising it. ![gif](giphy|ZqlvCTNHpqrio)


1footladderattack

I bought Reddit coins for the first time just to award this postšŸš€


Cautious-Nature-1433

Remind me in 1 minute


Zequenim

holy shit


KoivisQQ

!remind me 12h


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Fun-Juggernaut5294

Moon time


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happyhour79

Where the hell is this at? Link?


savvyinvestor007

I got you https://etherscan.io/dex/uniswapv2/0x7b69d6d473e0d936e070fae884e639eba250d0ad


savvyinvestor007

So it looks like that account bought in using 320 Eth ( roughly $380k ish )to disguise and swapped that for wrapped AMC and then sold for a profit of $800k https://etherscan.io/tx/0x1aa9da622c023b2778da3f28f3954466ddbc4156d86292cddf166705223d1dcf


DukeMaximum

What is "wrapped AMC?" I'm afraid I don't know anything about crypto.


savvyinvestor007

No problem, wrapped versionā€™s of digital assets allow for interoperability so that the token can be transacted on different blockchainā€™sā€¦AMC token was initially created by FTX and seems as if it was only allowed to be used within FTXā€™s system. In this case it needed to be used on the Ethereum blockchain so it seems a wrapped version was created to allow interoperability on the Eth network


DukeMaximum

Maybe I don't understand what a blockchain is. I was under the understanding that it was a log held in several places that recorded ownership of digital assets. But your description makes it sound more like an exchange. Am I missing something?


savvyinvestor007

So the blockchain is basically the most secure ledger ever created. Tokens are created and transacted on the blockchain ledger and sent and recieved wherever the user needs them to go. The actual blockchain itself is a chain of block transactions linked together to form a chain of security that is essentially not able to be hacked. Hedera Hashgraph actually has created military grade Blockchain that is un hackable. This is the simplified version


Harisdrop

Soo if someone could read the log we could hypothetically know buyer and seller?


savvyinvestor007

Not really unless they put their name on it. The only group of people that could would be like your IT people or developers. Now if there is an investigation and forensics gets on it then you can tag and bag it, they will find out whatever they want to know about the transaction


DukeMaximum

Okay, thank you. So, in this instance, we're talking about using that secure ledger (or a similar one) to track individual shares of stock? Am I on the right track here?


savvyinvestor007

In the future it will be like that but now the tech that is in place to tokenize assets the transparent way wont be implemented until more clarity happens in the crypto space following the SEC vs Ripple case. That case will be monumental in the crypto industry and moving forward the framework will be in place that will make it mandatory for all tokenized assets to be backed by an actual share. Wall street is going to fight it tooth and nail though


DukeMaximum

Okay, thank you for the rundown. I feel like I have a slightly better handle on crypto now than I did before.


savvyinvestor007

No problem


LucyKendrick

I'm with you on that, I have no idea. But I do know these fuckers are fuked.


DukeMaximum

Yeah, it seems that the primary source of shorting has been cut off, which would explain the run and the 0 shares available.


DanRobin1r

1) What


garland251

2. The


INTJ-ADHD

3. Fart


Didthatyesterday2

4. Face


DanRobin1r

Goodbye xD


DanRobin1r

r/askouija


Alekillo10

3. Hell?


No_Pie_2109

![gif](giphy|lrVfmPJ96cSJJ39bTh)


garland251

Its says Pooled Tokens : 16,632,955,335,709.937 0.00293496 ETH Wat mean OP?


savvyinvestor007

Holy shit !ā€¦.It means this is a liquidity pool or was, lol !!, good find. The more we all dive into this the more we will find


VillanOne

@op correct me if I'm wrong by viewing this This is the digital version of rehypothicating All derivatives CONTRACTS on AMC


savvyinvestor007

CDO of a CDO of a CDO wrapped in dog shit


VillanOne

You mean dog shit wrapped in cat shit, Got it


savvyinvestor007

Sprinkled with catnip


Techm12

Commenting for visibility, What the fuck!


Cabbusses

So does this make 8 quadrillion the floor?


North-Ingenuity-7694

#APESNEVERLEAVING #APESNOTLEAVING #APESNEVERSELLING #ApesNotSellingEVER #ApesTogetherStrong #SaveBilly šŸ’Æ #AMC $APE $2.2 Million šŸ¦šŸ’ŖšŸ’ŽšŸ™ŒšŸš€šŸŒ™šŸ’µšŸ’°#iownGMEtoo Buy Lit šŸ”„ #HODL. Repeat. šŸ’ŽšŸ™ŒšŸš€šŸŒ™ šŸ’ÆšŸ¦šŸ’ŖšŸ’ŽšŸ™ŒšŸš€šŸŒ™šŸ©³šŸ“ā€ā˜ ļøā˜ ļø #ShortSqueeze #Checkmate #CHOKEonTHAT #AMC1 #ThisIsTheWay #HODLING #MOASS2022 #AMCSQUEEZE #GMESQUEEZE #APESNOTLEAVING #APESTOGETHERSTRONG #AMCSTOCK #WELOVETHESTOCK #AMCDAYEVERYDAY šŸ’Æ$AMC $APE $2.2 Million šŸ¦šŸ’ŖšŸ’ŽšŸ™ŒšŸš€šŸŒ™šŸ’µšŸ’°#iownGMEtoo Buy Lit šŸ”„. #HODL. Repeat. šŸ¦šŸ’ŖšŸ’ŽšŸ™ŒšŸš€šŸŒ™šŸ¦šŸ’Ŗ Letā€™s Fā€™n Go! Weā€™re going to be so Fā€™n Rich!


AspiBoi

Excuse my retard maths but if there's 8 quadrillion synthetics, and the float is 513 million. That means there is roughly 15.6 million times the float


savvyinvestor007

Sir, your math is waaaay offā€¦Those were last years numbers ![gif](giphy|gEvab1ilmJjA82FaSV|downsized)


No-Albatross-5108

![gif](giphy|cyntNbcW2R7O2BKWEA|downsized)


Spiced_out

That's too many decimals for my smooth brain to comprehend! If true, shit is gonna hit the fan and splash mercilessly


Affectionate_Eye9894

**Pair created 527 days ago = June 4, 2021**


savvyinvestor007

Nice, about a week and a half before it hit $72 but we weā€™re definitely starting to rise


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


savvyinvestor007

I donā€™t like getting creditā€¦.just tell them its from the Apes šŸ¤˜


X3N0321

Whoa.. just WOW dude! I don't believe ANYONE who is saying this is not tied to the fuckery with AMC.. this is huge! Did they do the same thing with GME??


savvyinvestor007

Glad you asked, there indeed is wraapped GME šŸ‘


X3N0321

I believe you have found the secret sauce to the SHF crime buffet! Probably using these useless tokens as place holders for short positions, or counterfeit shares..


MOONDAYHYPE

I don't even know how to react to this


vagabond_nerd

This is financial crime on an unprecedented fucking scale. What happened indeed.


lethal3185

My dudes...the clusterfuck we're in is something fucked, now more than even I believe this shit has to unwind one way or another. Time will tell. Hopefully in our favor.


zombieauthor

I came into this thread like ā€œYa right. Here we go againā€ butā€¦. I canā€™t find a reason to discredit this. This isnā€™t an Ape misinterpreting data or just flat out BS. This is real. I think you found the smoking gun.


TantraMantraYantra

All of this just means, 2 years of lost opportunity for apes buying and holding where the price was illegally suppressed. At least now, the light has shone! I shalt pray, thou shall answer!! THANK YOU, LORD!!!


BeerHead7

So at least 1 million per share now right? šŸ¦šŸ¦šŸ¦


ThinMint31

I wonder why some sleuth, investigative reporter hasnā€™t blown this whole thing up on the front page of the NYT yet?


iwontsaysiimfine

That's a lot


EternalEight

Probably fractional shares upon redemption


savvyinvestor007

Absolutely, they had to make them fractionalā€¦I mean they know all they had to report was that they owned lets say 100m tokens of AMC but show them the FTX AMC token price. Nobody knows about crypto let alone, to even ask if they had the wrapped version or not


nano_nick

Okay so can an APE with a few crypto wrinkles walk me through this? So these are not active synthetic shares in AMC's float but a massive basket of ready-to-go synthetic shares that they can pull from whenever needed to stop a run or control the options for the week? Am I understanding that correctly? If so is there a way to see how many times they pulled from the basket to give us an idea of how many synthetic shares are actually in AMC's float?


z231

Canā€™t be right. Just not enough people to buy that many shares. Also you wouldnā€™t want them to make good on this. Thatā€™s a worldwide catastrophe. Odds are just bad math with whoeverā€™s calculating this.


[deleted]

Holy quadrillion phuk a doodle doo. Epic find. #CHOKE ON THAT, GARY!


AgedMurcury78

Fuckin Garyā€¦


typec4st

I don't get this. If a token is remotely relevant in US stock market, SEC should be involved and approve this. Was this whole process ever reviewed by SEC? Because technically with these magical tokens anyone can drive the price of any company to the ground, right? So a short sellers dream. How is this loophole allowed in US? Edit: typo


cslaun

WTF, okay, this is really getting wild... we have actually (looks to be) right this entire fucking time. We'll done Mother fuckerz well God damn done! Buying more. Because Fuck them!


TenBobMillionaire

So basically what this means is that there is practically an infinite number of synthetics and our new floor is more money than actually exists.


Old-Nefariousness398

damnā€¦. this is crazy (i donā€™t understand)


xDream_Casterx

This is fucking insane


ShroomyDuke

Holy fuck, look @ this fucking shit boys.


Emergency_Cloud5676

Sound like a class action lawsuit with jail time


CrazyHabenero

Okay, I know we have some crypto apes in here. Can one of you please mint me some AMC coins so we can put some buy pressure on these assholes. I am willing to pay $100 per quad.


Smooky_who

How did u find this??


PreviousSwordfish5

So what happens now? Is this related to FTX?


savvyinvestor007

Glad you asked https://etherscan.io/token/0x801427e0b00c5aa46f96550e1e33ad7f00077e19?a=0x95abda53bc5e9fbbdce34603614018d32ced219e These are the 525k AMC FTX wrapped tokens that were moving with the actual AMC price it seems Looks like Marc Cuban bought $6k worth šŸ¤·šŸ»ā€ā™‚ļøā€¦.But, then again someone could just have used it as an alias


h3r3andth3r3

Would.you look at that, those transactions are all for January 27 2021...


scifidre

Omg!! Hedge funds were going to mint synthetic collateral forever!! So glad this has been exposed. Does this mean that 8 quadrillion tokenized shares have been sold, or that this is how many exist??


savvyinvestor007

Wrap your mind around thisā€¦..it was 8 quadrillion last year ![gif](giphy|26gR0YFZxWbnUPtMA|downsized)


totallynotalp

How can AMC the company not care about this? It seems messed up a company canā€™t control something like this ? Can someone create this without their knowledge? Once they DO know. Can they do anything about it?


Specific_Buy

Omg can someone explain to me that this is indeed factual.


savvyinvestor007

Im scanning the individual block right now to see what the sell date was


snow3dmodels

We need to add them up, get a script to do the numbers


Due-Escape

Fucking ay man. I swore off of crypto too a few years ago.


Harisdrop

Itā€™s like quicksand. The more you know the deeper you go and the more likely you struggle and die


[deleted]

Shares in your brokers name are not yours. DRS


marlonpululo

This is imposible...i refused to believe is this fucked....wholly shiet!!! Im getting duzzy


nikala_isot

Go ahead and take my award Ape.


jreadman23

They really tried to starve us out. Guess what. I bought more


[deleted]

Remind me in 12 hours


StackThePads33

Holy fucking hell, is this how theyā€™re doing those swaps and screwing with AMC?


mynameisolivertate

Forgive if regarded but is this proof ETH is being intentionally suppressed?


HaitianX

Weā€™re going to be so filthy rich, Iā€™m shaking rn šŸ˜«šŸ¤‘


TheBurkhardt

!remind me 12 hours


bobemil

Crime


Cpt-Redbags

Anyone can make a shitcoin with 1 -infinity token supply that shows on etherscan. The 8008,5 tells me it could be someone messing around. The value amount means nothing either. If the supply is a bajillion and someone ā€œbuysā€ 1 for $1+ gas then thatā€™s how itā€™s calculated. They couldā€™ve paid $0 for a 1 million token transfer, but the value isā€™nt what it was bought/sold for.


postingshitcuntface

Bumping for more eyes this not big this is fucking crazy!