For biweekly WTFs between DeFi & TradFi.
Content letter https://t.co/k27qbZEDEi
Consulting https://t.co/wAIXO0gZGBzero-knowledge.com Austin, TxJoined July 2025
POV @austincampbell@davidzmorris :
SpaceX IPO has a P/E ratio ~50 (P/E of Nvidia, ~30). Hyperinflated multiple. W/o a clear forward revenue path. At a top-of-market valuation = nearly negative sign for future returns.
POV their @ZKZeroKnowledge intern w/ 40 SpaceX IPO shares:
The Fortune Crypto 100 is live.
100 companies. 10 categories.
The most complete view of digital assets ever published.
@FortuneMagazine and Inca screened 3,000+ companies across financial, on-chain, and reputational data to build it.
Read the full story:
newswire.ca/news-releases/…
The part of the $strc unwind we haven't seen yet is when Saylor has to raise the yield directly to retake the $100 'peg.'
He has to do this to avoid serious civil litigation - he compared it to a mmarket/savings.
But it would also accelerate the spiral trap he's in.
Cambodia didn't just host the scam economy. It built the legal architecture to sustain it.
Issue #1 of Nothing Escapes Inca, our new monthly brief: Cambodia naturalized 4,000+ foreign nationals, 56% from the PRC, now seated on 7,284 company boards. In 2024 the records went offline.
Read Issue #1 here: nothingescapesinca.beehiiv.com/p/scambodian-d…
Honored to speak this week at @Consensus2026 on one of the fastest-growing threats in financial crime: state-sponsored crypto fraud.
What started as criminal fraud has evolved into industrialized financial warfare.
Nation-state actors and transnational criminal networks are using cryptocurrency to steal, launder money, and evade sanctions.
The response has to be just as modern.
That’s why we built specialized economic crimes and cyber fraud capabilities at the U.S. Attorney’s Office for the Southern District of Florida and why partnerships with industry and law enforcement matter.
And to anyone who has been defrauded: come forward. Report it to the FBI. Fraud investigations often begin with victims willing to speak up.
Thank you to @Consensus2026 and to Bobby Bishop, @AustinCampbell, @AdamZarazinski, and moderator @web3crusadr for a strong and candid discussion. Important work ahead.
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