What if I told you, the world’s largest cryptocurrency exchange isn’t what it seems.
It’s part of the dark underbelly of the world likely controlled by a communist regime?
You wouldn’t believe me, as they put on a good front.
Well just like the western front of WW1, we storm the trenches and fight for the truth.
Because it’s time for Chico Crypto!!
Cryptocurrency and the world’s largest exchange of it…who could that be??
Well it doesn’t take too long to figure that out.
Going to Coingecko and looking at crypto exchanges, we can see this exchange makes the other look
small in comparison.
Binance is #1, and it’s doing over 13.5 billion in 24 hour volume, while the next
biggest FTX is doing just 2 billion.
Actually Binace has more volume than all of the top 10 exchanges…combined.
And if you watched my video last week, uncovering the Tether cartel…you should know, Tether
is apart of this.
If you look at a breakdown of their volume, over 70 percent of it is USDT….
Binance is doing the same thing as FTX…but on a much larger scale.
They have been facilitating the Tether cartel for years since their creation in 2017.
Playing God mode, peaking at traders leverage positions, and of course allowing spoofing
on their exchange, rekting retail traders and leverage traders alike.
Just look what Willy Woo, well known on chain analyst, had to say about this spoofing in
December of 2021.
“For what it’s worth- this practice was rife on BitMEX but it disappeared when the
founders were arrested and a new management team came in.
Comes down to whether exchanges want to clamp down on the practice” “It's only part
of the game, the spoofing gives it a shove, in this case the final push was to liquidate
longs.
Shoving the price around is a strategic play to liquidate traders, whether it be a long
squeeze or short squeeze.”
Spoofs give the markets a shove, which in turn liquidates the leverage…this is a strategic
play, as exchanges can see leverage traders hands!
They know their liquidation levels.
They know exactly where the price needs to go, to liquidate the most money…
It’s no secret, people have been uncovering Binance spoofing bots for ages…but the secret
is out on Binance…they are facilitating more than just market manipulation.
They are facilitating much more nefarious activity.
Rooters put out an investigative piece 2 days ago titled “How crypto giant Binance became
a hub for hackers, fraudsters and drug traffickers” and the article states “During this period,
Binance processed transactions totalling at least $2.35 billion stemming from hacks, investment
frauds and illegal drug sales, Reuters calculated from an examination of court records, statements
by law enforcement and blockchain data, compiled for the news agency by two blockchain analysis
firms.
Two industry experts reviewed the calculation and agreed with the estimate.”
Drug trafficking!
Now if you didn’t know…America is having a deadly opioid epidemic, that makes what
happened in the 90s and early 2000s, with Oxycontin, look like Child's play.
Fentanly is flooding the US, and killing Americans like never before.
As we can see from this graph, over 91000 people OD’s in 2020, compared with under
20000 in 1999.
Now where is this deadly opioid Fentanly coming from?
It’s coming from Chinese Labs.
From this US Treasury Department press release “Treasury Targets Chinese Persons Involved
with Drug Trafficking Organization Moving Fentanyl” we can get a clear picture of
what goes on.
The article states “Today, the U.S. Department of the Treasury’s Office of Foreign Assets
Control (OFAC) designated four individuals and one entity pursuant to the Foreign Narcotics
Kingpin Designation Act (Kingpin Act).
The four individuals were designated for providing support to the Zheng Drug Trafficking Organization
(DTO), which is run by Chinese synthetic opioid trafficker Fujing Zheng.
How did they process their funds?
The article says “The Zheng DTO laundered its drug proceeds in part by using digital
currency such as bitcoin, transmitted drug proceeds into and out of bank accounts in
China and Hong Kong, and bypassed currency restrictions and reporting requirements.”
They laundered with Bitcoin and other digital currencies, I can guarantee you one of the
others was Tether USDT…
Now, this flooding of deadly droogas from China goes unchecked by the CCP and the PRC,
aka the Chinese Communitst Party and the People’s Republic of China.
These two terms are used interchangeably to describe the Chinese political region.
The republicans know this, as their Foregin Affairs Committee has put out a campaign titled
the “CC Partys Over” with the aim of countering China’s corrupt, deceptive influence around
the world.
The mission statement says “Under the totalitarian leadership of the Chinese Communist Party
(CCP), China has become the United States’ strategic adversary and most consequential
foreign policy challenge of this century.
Complacency towards China has allowed the CCP’s quest for dominance and deceptive
behavior to go largely unchecked on the world stage for far too long.
This campaign will help educate the American public and others about the CCP’s threat
to our values and interests across various domains including: security, academia, commerce,
technology, and governance.
Now guess what is one key points in addressing the threat of the CCP?
Holding the PRC, the People Republic of China, Accountable for Poisoning America with Fentanyl.
So is Binance connected and possibly controlled by the CCP?
Well there are some proponents who think that this is True.
Guo Wengui, aka Miles Guo is an exiled Chinese billionaire businessman who became a political
activist and controls Beijing Zenith Holdings.
At the peak of his career, he was the 73rd richest person in China, although he has turned
against his former country.
Since the beginning of 2017, Guo has been in a self-imposed exile in New York City,
where he has continued to conduct a political agenda to bring attention to corruption in
the Chinese political system.
Lets just what Miles Guo had to say just last month regarding Binance.
And
he continues saying this…
So Miles Guo, who has been exposing the CCP for years, thinks Binance is controlled by
them…laid out by the CCP years ago, when they were incepted.
Well, if you think Binance still doesn’t have connections to China….let me just blow
your mind.
Going to a Helen Hai’s Linkedin, we can see she is high up in the Binance rankings.
She is the leader of the Binance Charity, she is the Head of Global Fiat exchange, and
head of NFT and Fan Tokens.
But she is also a Goodwill Ambassador for UNIDO, the United Nations Industrial Development
Organization.
I wonder for which country??
Well as we can see from the World Economic Forum highlight on her, it’s for the China
Regional Office….specifically for industrialization in Africa.
Now if you didn’t know, China is using Africa, to make the products and goods needed to bolster
not only their growing population, but for ours in the US.
A Peter Hitchens put out this article “How China has created a new slave empire in Africa”
and the article states “Out of desperation, much of the continent is selling itself into
a new era of corruption and virtual slavery as China seeks to buy up all the metals, minerals
and oil she can lay her hands on: copper for electric and telephone cables, cobalt for
mobile phones and jet engines - the basic raw materials of modern life.”
“Many perish as their primitive mines collapse on them, or are horribly injured without hope
of medical treatment.
Many are little more than children.
On a good day they may earn $3, which just supports a meagre existence in diseased, malarial
slums.
Peter got to interview an opposition political opponent in Zambia, Micheal Sata and this
is what was said “Sata has challenged China's plans to invest in Zambia, and is publicly
suspicious of them.
At elections two years ago, the Chinese were widely believed to have privately threatened
to pull out of the country if he won, and to have helped the government parties win.
Now the leader of the Patriotic Front, with a respectable chance of winning a presidential
election set for the end of October, Sata says: 'The Chinese are not here as investors,
they are here as invaders.”
So did Helen Hai have deals in Africa??
Of course she did…I actually covered this all the way back in March
of 2019…let just play a clip…
Then there is this Breaker Mag article from Corin Faife titled “Binance’s New Charity
Head Ran A Factory Where Workers Made Less than $50 Dollar Per Month” The article states
“Before founding her own company, Hai worked for Chinese shoe manufacturer Huajian Group,
which operates a large factory in an industrial zone outside Addis Ababa, and which has been
criticized for the conditions it imposes on employees in both China and Ethiopia.
Last year, Huajian Group made headlines when a Chinese activist was arrested after going
undercover to investigate labor abuses at a factory in China.
There are suggestions that some of the same conditions were present in the Ethiopian factory
which Helen Hai set up.
In a video news segment from 2012, Hai discusses Huajian Group’s factory in Addis Ababa.
She explains that local workers will often spend all of their month’s wages within
two weeks of getting paid.
“This is typical lack of discipline,” she says.
“In China, over the years, we’ve developed remedies to overcome this.”
In 2012, a report from a French news station found that workers in the Huajian factory
in Ethiopia made the equivalent of around $45 per month, making it difficult for them
to cover living costs in the capital.
In the news broadcast, the sum was described as around ten percent of what a Chinese worker
would make for the same job.”
The CCP is taking over Africa, the CCP is looking to take over the world.
And in my opinion, they are infiltrating the US through Binance…per example Forbes….Cheers
viewers I’ll see you next time!