Jesse Powell

@jespow ↗

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Last Checked March 13, 2023

Created

Sun Dec 11 03:17:13 +0000 2022

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Jesse Powell @jespow

@KyleLDavies What could the exchanges with lower counterparty risk have done to get your business? Or, we’re you at FTX for services that the long-standing legit exchanges were prohibited from offering? Why were you trading on FTX despite many red flags when there were less risky options? — PolitiTweet.org

Posted Dec. 11, 2022

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Jesse Powell @jespow

@0xbadhash The merkle tree itself is worthless if it includes negative balances. Kraken was the first to implement the legit PoR and did two in the past year. https://t.co/QEZo0DzJfw — PolitiTweet.org

Posted Dec. 10, 2022

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Jesse Powell @jespow

@JohnReedStark @TYonClubhouse Big red flag for me is that this seems to be more of an attempt at proving collateral rather than proving reserves. They even admit to be insolvent with regard to actual assets owed vs tokens controlled. The “collateral” accounting trick is exactly how FTX played solvent as well. — PolitiTweet.org

Posted Dec. 11, 2022