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Jesse Powell

@jespow ↗

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Last Checked March 17, 2023

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Mon Dec 12 12:39:26 +0000 2022

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Jesse Powell @jespow

@mikulaja @SBF_FTX @cz_binance @paoloardoino @justinsuntron This never happened. Coordination is actually codified in law and explicitly approved under Section 314(b) of the USA PATRIOT Act. Crypto is democratizing and transparent because there are no gatekeepers and the blockchain is eternal and open to all. https://t.co/XlbtQfY8lq — PolitiTweet.org

Jesse Powell @jespow

@mslopatto Fake news. Doubt this chat ever happened. I certainly wasn't in the room. Likely, someone trolling the M… https://t.co/PF0aZter0M

Posted Dec. 12, 2022

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Jesse Powell @jespow

@mikealfred Proof of Reserves shouldn’t be dollarized. You do it on a per-asset basis and you simply compare the quantity of tokens owed vs controlled. Playing accounting tricks with “equivalents” and collateral value is exactly how FTX faked being solvent. https://t.co/8zDcDfI5xd — PolitiTweet.org

Posted Dec. 11, 2022

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Jesse Powell @jespow

@Awawat_Trades You do you. Always open to feedback on how we can improve. FWIW, I'm not trying to FUD Binance. I have merely called attention to misinformation about Proof of Reserves, attempts to redefine the term, and shortcomings of collateral accounting. Too much bad information out there. — PolitiTweet.org

Posted Dec. 12, 2022