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    Originally posted by scooterscot View Post
    Never time the markets - HTH
    Damn, you must have lost a few quid!

    Puts, shorts, etc. are all leveraged trades with time as a key component, are you noting that advice for your future self?

    Comment


      No not lost a lot % wise. Put good until November. Time will tell.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        Originally posted by TheGreenBastard View Post
        Damn, you must have lost a few quid!

        Puts, shorts, etc. are all leveraged trades with time as a key component, are you noting that advice for your future self?
        pooper's never lost a penny because he's emotionally invested in his sunk costs.

        Comment


          Into Terror, drugs, crime? Use fiat - the first choice of the criminal. Dressed up as a respectable institution no less.


          UK bank may have moved money 'linked to terror activity'


          A British bank moved money that may have been linked to terrorist financing, leaked documents show.Standard Chartered Bank processed almost $12m (£9.4m) in payments for Jordan's Arab Bank from 2014 to 2016.
          In 2016, Standard Chartered filed a report alerting authorities to more than 900 transactions that it suspected might have been for "illicit activities under the guise of charity".
          The report raised concerns about "possible terrorist financing".
          The payments were reviewed after a US jury in 2014 found Arab Bank had knowingly provided banking services to the Palestinian militant group Hamas in the early 2000s.
          The verdict was later overturned, but in 2015 the bank reached a settlement with 597 victims or the relatives of victims of 22 Hamas attacks in Israel.
          In response to the leaked documents, Arab Bank stated that it "abhors terrorism and does not support or encourage terrorist activities".
          Arab Bank said it was never notified by Standard Chartered that it had any concerns over transactions processed for its customers.
          Standard Chartered said it took its responsibility to fight financial crime extremely seriously.

          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            Kucoin have just been hacked for $150m
            ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

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              echt?!

              How much have i lost?! despoiled usdt the other nite on their ex
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                KuCoin said an intruder drained all its hot wallets today.
                Phew - funds were deposited to the their cold wallet.

                You only move the funds to their hot wallet when trading, good safety net.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  The day the international tax authorities came knocking

                  Dirty fiat tax avoiding rich people facilitating criminals with their banking services. Operating in plain sight and unchallenged until now; now the piper comes calling...

                  Gotta to wonder why it is the Schiff's truly hate paying tax and those that use their services. Surely it is a basic, if society is to function provide services to benefit all, contributions must be made.



                  On a sunny Friday in late January, investigators from the Australian Tax Office ruined some people’s days. In Amsterdam it was icy when, on the same day, investigators were doing the same thing.

                  It was a similar scene in Amsterdam, where investigators from the Dutch tax agency set about a similar task. So, too, did investigators in the United States, Canada and the United Kingdom.


                  While none of the millionaire tax dodgers targeted on January 24, including about 100 Australians, knew each other, they shared a bond: they were customers of a little-known Caribbean bank.


                  The Euro Pacific Bank in Puerto Rico’s capital San Juan was founded by American celebrity investor and business commentator Peter Schiff. The silver-haired and pugnacious businessman is worth an estimated $100 million. On major television networks, popular podcasts and his own YouTube channel, he reminds his audience he predicted the Global Financial Crisis. He also likes to warn people about the upcoming economic apocalypse from which they can take financial refuge in his “privacy assured” bank.

                  Schiff’s celebrity status is likely why some major Australian financial institutions, including Westpac and the Perth Mint, hopped into bed with the Euro Pacific Bank. They weren’t alone. The New York Federal Reserve and Canada’s Bank of Montreal both allowed their customers to transfer funds into the bank, cloaking it in an air of credibility it used to attract thousands of clients, including at least 400 from Australia (about 100 are considered "high risk").


                  But on January 24, Euro Pacific became the target of Operation Atlantis, the world’s largest tax evasion probe. Australia’s deputy tax commissioner, Will Day, describes the inquiry as “unprecedented”.


                  An investigation by The Age, The Sydney Morning Herald and 60 Minutes in collaboration with The New York Times can reveal that Operation Atlantis is examining the financial transactions of Euro Pacific’s customers. Hundreds of account holders are now suspects in a tax evasion probe.


                  Among the super wealthy Australians suspected to have sought to keep their financial affairs secret is the Sydney businessman responsible for one of Australia’s biggest tax rorts, Simon Anquetil. Other Australian account holders include Darby Angel, a Hollywood film financier with a drug-trafficking conviction.

                  If Euro Pacific is the suspected heart of a shady financial system, its partners such as Westpac and the Perth Mint are the veins. Despite the raids, Euro Pacific is still, for now, pumping suspected tax-lite dollars around the world. And in an interview, Schiff says he intends to keep it that way.


                  Like father, like son
                  A dislike of paying tax is a Schiff family trait. Peter Schiff’s father, Irwin, is viewed as a martyr of the tax resistance movement. He ran a business called Freedom Books from a Las Vegas shop front, selling information packages that taught thousands of Americans how to cheat the system. He died in jail for tax evasion.


                  Schiff has inherited his father's love of profile. He spends hours each week recording his internet show, talking about everything from inflation and gold to the “fake news” of white privilege. But while Irwin opened a bookshop, his son opened an offshore bank in sunny Puerto Rico – a US territory in the Caribbean which offers low to zero tax rates for eligible businesses and residents.





                  source: How Peter Schiff and Euro Pacific was undone by Operation Atlantis
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    What's all this nonsense you are posting here?
                    First Law of Contracting: Only the strong survive

                    Comment


                      Pooper brought a scoop

                      Comment

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