Episode Transcript
[00:00:00] Out of Cycle Update.
[00:00:03] A very well written report. Unfortunately, I think it misses the mark. Just a smidbit Cryptotalk fm. My name is Lyster. I'm your host. If you're new, welcome. And just a level set. I'm a certified cryptocurrency auditor. That's. But I audit readiness. I audit obvious, blatant, silly, stupid things where I'm like, this ain't ready for mainstream. That's what I audit. I don't go deep into contracts or any of that because others can do that. They're better at it than I am. They're more in depth than I am. I'm really more readiness.
[00:00:35] Is it ready? Is it mainstream? Is it a joke? Right, that's me. So just to put that up front because I was browsing around for no apparent reason related to my topic and I stumbled across an old Reddit post and I say old is 2024.
[00:00:54] And this person had done a write up and they posted the write up on archive.org they also had put a bunch of other stuff on archive.org clearly they were trying to put together a case. They were trying to put together a very strong argument to say that Block Dag is a scam. I mean, they've got copious history. I was impressed at the level of effort put into the collection and putting it on archive.org because of course archive.org has no problems leaving stuff up.
[00:01:26] And then they have this write up, the write ups, 21 pages.
[00:01:30] And it's a very well done write up.
[00:01:32] It's very well written, it's technically sound.
[00:01:37] The reason I'm critical just a little bit is I think it's like nothing in here is a shock.
[00:01:43] And, and the one thing that did stand out, I thought it was good, but it's, it's kind of a red herring.
[00:01:49] I'm going to summarize what they said. They actually have a summary and I'm going to link this document because I do think it's good. I know some people have a, you know, they adhd. You can't sit and focus. You don't like reading.
[00:02:01] I understand. Okay, I'm not going to read the whole thing for you. So if you're really serious and you're not in the cult that's starting to form on Block Dagger and you're not subject to Stockholm syndrome and you legitimately want to know, I recommend you read the whole document, its entirety. It's okay if you don't understand. All right, CryptoTalk FM, hit the contact form Hit comments below if you really are curious and don't understand. And I'm happy to help out.
[00:02:27] But here's the high level of what this person saying the user's name is Argus about it. They say, this is the summary. And then I'll get to the real meat of the matter.
[00:02:36] But the summary bullet number one, deceptive marketing and unrealistic promises.
[00:02:42] Talks about all the stuff we already know, all the hype and the terrible marketing. Right? Everybody knows that. The problem is every crypto does it. I said it, I proved it. I gave you evidence. They all do it. I can't hold that against them.
[00:02:56] It sucks, but I can't hold it against them because they all do it.
[00:03:01] Quote, misleading and fabricated partnerships. This is a good one, right? The apparently.
[00:03:08] So this person went through and they did verifications that a lot of these were paid, you know, marketing things. The Alex Pereira paid. He got paid to just do a video on it, which I said, more than likely that's all it is. The Seattle Orcas we know that's paid apparently the Seattle Sea Wolves, which is a rugby team and you know, rugby is not popular in the United States.
[00:03:30] So it's odd to see that there was even a rugby team formed. But apparently there's no evidence of blockback there. The whole token. 2049 Singapore, they advertise that on the site. They did a. Some kind of bonus thing. 20 49%. And I debunked that and said, you know, ultimately, I'm telling you, the real price is.0013. I don't know if you're paying attention, but they changed the site to advertise the real price, which is 0013.
[00:04:00] Given that I'm gonna need people to come back, give my credit because I told you the real price is.0013. There was no. The math was already exposed. Right. So. So, you know, I'm putting this stuff out and I'm not making it up. It's obvious. Multiple people putting it out, it's obvious. That had to be the real price. And I said I could prove it. And they knew I was going to come with receipts and that's probably why they changed it silently. But they're now they just say Singapore on the front, but they proudly broadcast the 0013 price, not the 3 cents anymore.
[00:04:34] It's weird, right?
[00:04:36] So yes, it is true that there's all these partnerships being announced and then they fall out. The.
[00:04:41] The other one, Dortmund, that one's toast. The Inter Milan was paid, but it's not even on the American site. Like apparently you have to do a VPN to even see it on some buried whatever.
[00:04:52] Just. So yes, this is true.
[00:04:55] It absolutely is. Saitama did the same thing.
[00:04:59] Safemoon did the same thing.
[00:05:01] Seifu did the same thing. My point is a lot of these projects were doing this. So again, it's just endemic to cryptocurrency. I'm not holding that against them. Not it's bad, but I'm not gonna hold it because all of them do that, you know. But this one, this is a good one.
[00:05:19] Compromised leadership with a verifiable history of fraud.
[00:05:23] The project's Chief Technology Officer, Jeremy Harkness, was a co founder and senior executive of Shoppin, a company that conducted a $42.5 million fraudulent initial coin offering ICO.
[00:05:36] The shop in fraud was prosecuted by the U.S. securities and Exchange Commission and the New York Attorney General resulting in a felony conviction for its CEO. His name is Iran, y'. All Or I. All the fraudulent methods employed by shopping are being replicated by block deck. Stop. And then I'll get to the last three.
[00:05:57] This one caught my eye and there's a bullet later I'm going to talk about and that's going to be the crux of my wrap up here.
[00:06:04] Misrepresented. Misrepresentation rather a security audits at market. Security audits create a false sense security. The audit cited dangerously narrow in scope which I did say that all they are is audits of what you have now which is not the real. There's no blockchain, there's no. Nothing exists. Right. So what they audit is really the primordial test net and some other things. So there were some audits of something but it's not the final audit because the final doesn't really exist. Right.
[00:06:30] Opaque and corporate financial structure obviously, but what they said, who's talking about the DAG systems being registered and say shells and he calls it a quote high risk offshore jurisdiction known for corporate secrecy.
[00:06:46] Well, the Seychelles raised the red flag about DAG systems.
[00:06:51] So if they're about corporate secrecy, why then would the Seychelles call them out and why would they flag it? Right. I'm not saying he's wrong. I'm saying that the Seychelles has already denounced these guys.
[00:07:05] So it I don't know when he actually wrote this document. I only know when he put pushed it up there, which wasn't long ago, but the Seychelles has already denounced it. Now it could be that the Seychelles denounced as a result of this document, but I don't think so. My guess is this was prior to the Seychelles getting doing their investigation, wrapping it up. I don't know for sure.
[00:07:27] Quote the pre sale mechanism is a centralized payment gateway, not a transparent smart contract rendering the publicly displayed raised amount completely unverifiable. And this is half true and half not. So it there is a smart contract underneath the hood of the mechanism that is used for when you submit a payment, it's buried. So the first thing that hits is a regular wallet. It's a regular wallet that's doing a transfer to something's built against that wallet that then does a transfer to another which is an actual contract and then it's doing other a bunch of other transfers. There's all sorts of transfer activity that's happening underneath the hood. I did trace and watch it and then at some point it hits mimic which is a mixer of sorts. So you kind of lose track of where it's going. But there's absolutely a smart contract underneath it. It's, it's confirmed but it's very deep. You're not interacting directly with smart contract. And what this person's saying is because of the way that they're doing it being centralized, that is you're going directly to a wallet. So it's someone's wallet, we just don't know who's.
[00:08:31] But it's centralized because it's going to someone's wallet rather than a smart contract that's just executing it independently. And then the wallet I can tell that there's some automation going against that wallet because there's all sorts of transactions. You know, the wallet's getting hit with spam tokens that I'm familiar with. But I also know there's a person behind it because this wallet, whoever it was, they invested in czgoat, which is one I talked about, they invested in Trump the MAGA token. So I know there's a human at some point, but also there's automation based on some of the transactions. I see quote, plagiarized technology and opaque development. Core technical claims of Block DAG are heavily derived from the legitimate open source CASPA and QDEMIR projects. Never heard of qdamere. Block DAC has provided no evidence of original open source development to substantiate claims. Substantiate its public code repositories lack any core protocol implementation and contain fundamental contradictions about its consensus mechanism.
[00:09:29] So I can tell you straight that what they're saying about the whole public core repositories lacking core protocol implementation, I would say yes, it's a basic. Right now there's nothing of what they said is happening in the code that you see this is true.
[00:09:48] And fundamental contradictions about the consensus.
[00:09:51] I don't know fully that you can verify that.
[00:09:55] I see what they're talking about, but I don't let you really verify that until we get to. You'd have to have.
[00:10:00] You'd have to have full on mainnet in order to really say for sure. Because right now on the primordial there's not enough in terms of the consensus mechanism like there's not enough participants to really even know. You can't vet it out unless you had enough yet. You need scale, you need to have multiple that are performing consensus to be able to do the comparison that would tell you for sure this is happening. I didn't get a sense that there's enough act like there was very, very few, you know, there wasn't enough that I could strongly say that what they're saying is true. I'm not saying it's false. I'm saying that you really can't know without much more than what we had in the primordial test net from my perspective anyway.
[00:10:43] But going back to this whole compromise leadership and Jeremy Harkness. So this person that did this write up, they went through and they talked about Anthony Turner specifically, Jeremy harkness specifically and Dr. Professor Yousef collage, I believe it is. And then Dr. Hurley and he acknowledges Dr. Hurley's legit. He also basically says, you know, nothing of where Dr. Hurley came from, any of the schools, anywhere he works. Nothing mentions Block Dag, which is basically just using his name for credibility and binance stuff has called out that Dr. Hurley largely has not said anything about Block Dagger. So it may simply be that he is truly just an advisor. He's not actually working with them, he's not employed by them. He's just an advisor and they're tapping his brain for something. The question though is why would they do that if they're just doing a blatant scam and the person makes the argument that what they're doing is what's called a credibility shield. The idea that, well, having him there adds credibility simply because he would not be associated with a scam, but because he's not mentioned it anywhere else in any of his documents or anything.
[00:11:55] It doesn't matter because he's just. He's just kind of partially associated. He's not full in, so it doesn't really matter. I don't agree. I think that the. Or, you know, mit, Carnegie, Harvard, all these ones. To me, he would be Persona non grata if it turned out to be a scam simply by way of association.
[00:12:14] I don't think that he's insulated from that damage simply because he's not directly working on block dag, and I don't think he's directly working on it. I think they're. They're tapping his brain. He's providing them recommendations. He's providing them suggestions. I saw a site that said, basically, he is the one that's talking about the consensus, and he's helping them with the consensus mechanisms.
[00:12:36] Well, if it's true that the consensus mechanism is nonexistent at this point, then what is Dr. Hurley actually doing?
[00:12:42] We know Dr. Hurley's associated somehow because he's been on the videos.
[00:12:46] If he's not associated, why would he be on the video? Why would he choose to be on the video? That's why I say he would be Persona non grata because of association. He's put himself up there. If he had never gone on video, I might agree with what this person's saying. But the fact that he went on video multiple times, actually, I don't know that. I don't buy the argument. I get what they're saying. I don't buy it. To me, the Anthony Turner. We know about that one. Binance thinks that Anthony Turner is not really in charge.
[00:13:18] And then Jeremy Harkness. I'll get to Dr. Professor Yousef Collage in a different video because I don't want to convolute this one, because Jeremy Harkness is really the target of what I want to get at. Because in this, he has a bunch of paragraphs that talk about a project.
[00:13:34] Project. This goes back now. So we're talking like, I don't want. I think it was like 2007, 2008, 2009. Somewhere around there, there's an organization called Springleaf. Springleaf starts up an organization called Shopping. Now. This is where the rabbit hole starts. And the reason I wanted to focus because I didn't want to convolute based on all the findings. It just went deeper and deeper and deeper. And I'm like, jeez, this is crazy.
[00:13:58] So ultimately, the. Where. Where this starts is if you may or may not have heard of block 1, block dot 1. Block dot 1 is A. It's a venture capital firm.
[00:14:13] It's a private organization.
[00:14:15] Block.1 is the one that ultimately invested. They gave the bulk of the money for their. And they did the shop and did the pre Sale. Okay. The bulk of the money came from Block that one.
[00:14:27] Block that one. If you haven't heard of it, was the company responsible for what became eos. E O S, E O s. That token had a crazy pre sale, a bunch of crazy claims, the whole nine called a scam left right Sunday, took years. Finally launched Pumped and then crapped and then rebranded to Vault. A vault and the letter A. So you can still see it out there. But you, if you look at eos's history, price history, and you do some searches on Eos, you'll see striking parallels between EOS and what Block Dag's doing now in terms of the aggressive marketing and the, the claims, unrealistic claims. But it launches same as PI Network now. So there's similarities is the point. Shopping was doing the same thing. The whole thing about Shopping was essentially we were going to provide some tracking.
[00:15:21] You give your data, you offer your data in exchange for tokens. It gets stored on Blockchain and then it's made available. Basically they sell it. Think of Worldcoin, same kind of concept, but it's around shopping data. So you're selling your information to all these companies. And this guy Iran Eyal was the CEO of it. Jeremy Harkness was working there at the time they claimed he was a co founder. I couldn't find evidence he was a co founder. And anywhere in any of the documentation I saw, I did see that he was associated and he basically was associated along with Iran Eyal as one of the workers.
[00:15:59] Fast forward now. And the reason that I call this out so this person in their document he's calling out, you know, between 2017, 2018, shopping conducted an ICO that raised over $42.5 million. The SEC filed a complaint against both, charging them with conducting a fraudulent unregistered securities offering. Now the complaint was directly against Shopping and Iran E all. Jeremy Harkness wasn't named in the complaint at all. I just want to level set that claims that there was a litany of material misrepresentations made to Shopping investors. Of course there were multiple angel investors in that project who felt like they were ripped off at a point because nothing was, nothing was happening. And, and some of them said, well, I knew Iran y'. All. He didn't strike me as a scammer, but I clearly lost money on this.
[00:16:49] He's drawing a direct parallel to the behaviors and the activities of Block Dag, quote, fabricated pilot programs and partnerships. The case against Iran Y' all was pursued criminally by the New York ag, which has no credibility, obviously, ultimately pleaded guilty to the y' all to felony securities fraud and was later deported. He. He was sent back to Israel, believe it or not. Now, he didn't. This doesn't give the full story. So the full story is that the. The SEC starts going out to this guy, they create a joint case with the New York ag, and again, the New York AG has no credibility. This is happening during the Biden administration.
[00:17:28] So now you're in 2020. 2020.
[00:17:32] This whole situation is the Gary Gensler. And, you know, they were just. It's a security. It's a security. So my point is not to absolve what he did in taking people's money, but what SEC was going after him for was simply the ico. The fact that this is an unregistered security, and they went after the guy vigorously, just like they went out to xrp, just like they went out to Coinbase, just like they went out to Kraken, just like they went after all these other ones. It was the same thing. It's insecurity. Insecurity. That was what they were doing at the time. So, again, I'm not absolving him of what happened. I'm saying that it's being misrepresented in this document that somehow this Iran guy was like a Sam Bankman poof. Hair. No, it wasn't close.
[00:18:20] He was offering an ico. Yes, he openly admitted that he was doing that because they were. A lot of people were pushing the envelope that time.
[00:18:28] Now, the question about, well, why didn't he fight it? He couldn't fight it. There was no money left. That was the problem.
[00:18:34] That's the real problem, is there was no money left. All the money disappeared. Nobody know what the heck happened. That's a real problem. But the SEC primarily cared about the ICO being an unregistered security.
[00:18:47] And the fact that it was New York, that's. That's the only reason it was a beef. So then Block Dag. Now let's switch. Block Dag being out of Cape Town, South Africa, essentially, slash Germany, slash wherever else.
[00:19:02] They're insulated from that.
[00:19:04] So when Jeremy Harkness then shows up to the Block Dag team and he's the Chief Technology officer there, the writer of this document is drawing a parallel between what happened there, where it's saying, well, look, they did it over there, and they rip people off over there. It's the same kind of thing. Aggressive marketing, whole business. And now it's happening again with Block Dag. I understand.
[00:19:27] But then he goes and he watches these multiple people I just talked about, you know, collage and Anthony Turner. And for Anthony Turner, the only thing he can say is, quote, his decision to hire Harkness as CTO demonstrates either a catastrophic failure of due diligence or knowing complicity. So stop. So he can't say anything negative about Anthony Turner other than the fact that he hired a guy that worked at a company where the CEO. Because again, in the complaint, Jeremy Harkness is never named. He is never mentioned. He's never named. He had nothing to do with the actual thing, because Jeremy Harkness at shopping was the chief blockchain officer. He now jack to do with the money. The whole thing the SEC was about was the money. The ico, yes, but the collection of money for the purposes of issuing securities. But the blockchain side is all Harkness had anything to do with. He didn't have anything to do with the money side. That's why they didn't name him. That's why he was never in trouble. Well, if he had the technology skills. But he was not complicit in any of that stuff because he didn't know many of the people, even the venture capital people, they didn't know what this Iran guy was doing.
[00:20:43] So since nobody knew Anthony Turner, if Anthony Turner's the one who did the hiring, which we don't even know. That's true. We don't know he's the one that hired when he was just. Liza Vanderburg just found the guy. We don't know. Really? You're making claims against Anthony Turner you can't substantiate. Dude, that's my only beef with his table is you're calling Anthony Turner incompetent. We don't know he hired Harkness. One, two. Harkness had nothing to do with the financial side. He was the blockchain guy. He had nothing to do with what was happening. He's just there to follow instructions on somebody else. Iran is the one that allegedly took the money. Iran's the one that was steering the ship. Iran was the one calling the shots. Harkness is just a tech guy. You can't hold this tech guy to fire when he just worked at a company. I mean, come on. I worked at companies that were straight up scams, okay? And I've gotten checks after the fact. I just got one, actually. I just got one. I worked during the pandemic.
[00:21:42] I worked very, very briefly, called, quote, worked at an organization that didn't Pay me. This is in 2021. Late 2021. They didn't pay me. I had to pay them.
[00:21:55] Right. But I was there. I was working. It was a couple of weeks. It was a piece of crap. I stepped away from it. The point is they were scammers. FTC just sent me a check on it because it is what it is. It was a scam. I worked at a different company.
[00:22:11] This is down in San Diego, high rise building, telemarketing. I forgetting what we were supposed to be selling. But they did not tell me it was telemarketing. They told me it was customer service. When I got there, day one, and they're like, okay, time to get on the phones and start selling. I walked out. Screw you. Got sent a check. Class action. Because it's a scam. You can't. You can't do that. I've worked for countless companies that are. That were scams.
[00:22:37] Just because I'm working there doesn't make me a scammer. It's just I worked at a company that was a scam. And I suspect. I don't know, because I don't know the guy. That Harkness is the same. He's a technical guy that happened to work at a company that happened to be a scam because its CEO was a piece of garbage. Just like, what is that guy's name from podcast one?
[00:22:59] Colin something or other him. It's the same kind of situation, right? The people that worked at the company can't be held accountable if they're not named in the complaint, if they're not complained in the lawsuit, that you can't hold them accountable for that. Dude, sorry, I don't. I don't accept that. So what am I ultimately getting at here? There are close parallels and absolutely close parallels between block Dag and shopping between. Or Spring Leaf. Between Block Dag and eos.
[00:23:31] Absolutely. Between Block Dag and PI. Absolutely. EOS launched, okay? Despite people screaming it was a scam. Left to right to this day. And then it launches up to this vault a. Which crapped as well. Called a scam, okay? It. It launched PI Network, called a scam by the Bybit CEO back to forth. It's still launched. It didn't really matter. Dogechain was a blatant scam. I don't know who couldn't see that that was a scam. From a mile away. We just saw leash on the shib ecosystem, told that it's a fixed supply. All of a sudden starts minning tokens out of thin Air because one of the developers left the back door in the contract that allowed them to turn on the rebase mechanic that they swore wasn't there, saying, trust me, bro, that the keys were burned. And these numb nuts believe that guy.
[00:24:22] Leash is essentially a scam, folks.
[00:24:24] One of the. One of the oldest out there. Leash is essentially a scam. Bone might as well be, because Bone is paired with Leash on a lot of its strongest pairings. That's why Bone is crapping. Now.
[00:24:37] My point. Saitama Seifu, Cryptonomy. I just saw a video, and the guy's like, this. Cryptonomy is a scam. This is what the offer. He was. He was. Apparently they approached him for a deal, and he's dropping the dime. He's like, no, this is how much they offer me. This is what they want me to do. I wasn't going to do it, but I saw a whole bunch of other youtubers doing it, and I was ashamed of them, etc.
[00:25:00] Core economy scam. Terrarium scam. Saitama scam, Impact XP scam.
[00:25:06] Robo Emu scam. Strange Inu scam. Geez, I could go on and on. Crypto. Cowboy token scam, Santa coin scam. I could go down the list.
[00:25:17] Down the list.
[00:25:19] It. It's crypto again. This doesn't absolve what the person's saying as wrong. I'm not saying it's specifically wrong. It's being misrepresented in what it is. You're trying to make a case. You're putting together, essentially, stuff that 95% of it is all crypto. So you can't hold against them because, okay, that's cool. The other 5% is you're saying something about the guy. That's not true. I'm sorry. It's just not true.
[00:25:48] If you're gonna make this kind of a case, you got to be stronger about it if you're gonna like. On the people. I'm talking to people. You can't say anything truly negative about Ante Turner. You can't say anything negative about Dr. Hurley. You don't have anything about Harkness at all.
[00:26:04] Collage. You have nothing about him. Nothing about Vanderburg. You have nothing about these people.
[00:26:09] Mine came closer to something than what yours is doing because with Vanderburg, again, I said it's kind of odd that he's depicted on this cafe, this deli cover photo, because normally you got to pay for that kind of stuff. So there. And I said, maybe it's a front, right, for something else. The moving of funds absolutely concern.
[00:26:29] Sending to a central wallet. Absolutely concerned. These are absolute legit concerns. The minor stuff. I had somebody send me a link and it partially shows. It at least shows an unboxing but it partially shows the X10 and it's called Block Dag Investors. It's a new YouTube channel where I guess somebody in the community said that they would offer to post these videos on behalf of this, this group of Block Dag investors. Okay, well they didn't show it in action, they didn't show it plugged in, they didn't show anything else. Okay, but that's at least there's something there.
[00:27:02] All I said ever have said there's something here. I just don't know what the hell it is because it is so scattered and so jacked up. And again now the site shows the.0013, not the $0.03 because Leister told you the 0013 is the real price. It was obvious though, right? The three cents is fake. I say fake. It's fake in the sense that the $0.03 makes an assumption of the lockup. Right. It's a lockup period. So they're basing that on the presumption that the price is going to go up after the lockup period. That that would be the high price. It's not guaranteed. There's no way that they can do it. They can still target a launch price because they control the rest of the supply. Somebody else said they've already basically exceeded what would be circulating. They've already sold 50 billion tokens and then another 75 billion that would be locked up. They could launch right now if they really wanted to but they want that $600 million that I said they're not going to get.
[00:28:01] In summary, I'm going to recommend you read this document. I think it's a good document to read. I'm just going to tell you at the end of the day this is, this is.
[00:28:12] It's trying to make a case and I think it's not.
[00:28:16] I think it didn't go further.
[00:28:18] I think it's not correct. It actually makes some wrong statements in some cases because it's talking about things like okay, here's the Block Dag token contract on the Ethereum blockchain.
[00:28:32] As far as I know there has not been any tokens issued whatsoever. So I question is that really the thing or is it really a scam? And I suspect it's a scam. I don't know for a fact but I suspect it's a scam and not really the true token.
[00:28:48] Ultimately, I think they had the best of intentions. It's worth reading it. I'm not telling you to disregard it. That's the last thing I want you to do. I think it's worth at least looking at it. I just don't, I don't see that this is, I don't necessarily see that this is a.
[00:29:05] I think they're missing the point. I think they could have made a stronger argument focusing on other stuff that really are legitimate problems. The Seychelles thing is a legitimate problem. The Dortmund is a legitimate problem. The Inter Milan is a legitimate problem. This token, this, this token 2049 in Singapore, that's a legitimate problem. The constant price shifting is a legitimate problem. The misrepresentation of end of pre sale when it's really end of code is a legitimate problem. The fact that zero vesting is still active despite them saying it's not, it is. I can prove it. That's a legitimate problem. The fact that the token, you know, volume that they're trying to collect in there, why 600 million, the launch quote and then the August 13th situation, all these are legitimate problems to target.
[00:29:54] Then when you talk about people, ultimately you can't say anything about the current people other than the fact that we don't have a strong enough perspective about what's really going on with those people and whether there's somebody else pulling the strings. Thursday's ama. If there's going to be an AMA Thursday with Anthony Turner may or may not be enlightening. We'll have to see what happens there. I'm not trying to debunk the document, I'm not trying to trash the document. I do think it's a good document. It's a fantastic document and I would encourage you to take a look at it, see what you think about it. Because at the end of the day, if you're in the damn thing, you're going to be in it because you don't have a choice, right? And if you're not, you know, you're watching on the sidelines. Nobody really knows. Nobody really knows. Mine is simply to say Harkness is. In my mind, Harkness cannot be held accountable for the crimes of the boss of a company that he worked for. I don't think that's fair to him at all because he's a blockchain guy. He has nothing to do with the money movement. SEC was going crazy suing everybody and their mom about unregistered securities under the Gensler era in the Biden administration, I can't hold that against it. To me, there was nothing there about that at all. That what I would consider a risk of the. Because by that logic, Kraken is scammers. Right? Because Kraken was sued.
[00:31:16] Same thing. Coinbase was sued. They were sued for unregistered securities. So are we saying. And obviously Coinbase, they really are scammers. I'm saying that Kraken. Right. Are we saying Kraken or scammers? Because they were sued by the sec. We can't, we can't paint that wide. We can't. I don't think it's fair or, or accurate. If we're going to attack these dudes, attack them for what really is a problem that we can clearly see.
[00:31:39] I just broke it down. There's, there's tons of things, tons of fair game that we can attack.
[00:31:45] Okay?
[00:31:46] The, the minor chaos. We can absolutely attack the price shifting. We can absolutely attack the misrepresentation of pre sale codes. We can absolutely attack the lack of any sort of messaging at all around what they're doing and what, you know, what's the activity. I'm not talking dev notes, I'm talking what they're doing. What are you actively doing?
[00:32:09] Right. How are you using money? What's happening with the. All these are legit. Everything else I broke down is legit. This that you got, it's a great document, written very well, very accurate in 95% of it. Absolutely everything else. I think you, you focused on the wrong stuff and that tends to cause people to get overly defensive, which that's what I don't want. I don't want people to be defensive. That's why I want you to do it. Focus, focus on the stuff that really is a problem instead of the stuff that you called out that some of it's a problem, some of it's not. Let's focus on the stuff that really are problems because I've already proven that they will course correct. Finance stuff's proven they will course correct. If we get it right. If we call them out on stuff that's straight up, they course correct. They change it. They don't give us our credit, but they change it. They've done it, they've done it off finance stuffs, they did it online.
[00:33:03] Where they don't change is like with VOS Coin, where they just call out stuff with no background, no due diligence, no nothing. They ignore guys like that. But with us, when we do that analysis and we're straight up about it, and you can't refute it because it's right there on the site. They're changing, they're updating. We can hold them accountable, and that's what we should all do. We should hold them accountable.
