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Crypto insider turns $600 into $2.5 million of unrealized profits

A crypto insider has made over $153,000 of realized profits in 15 hours, trading in the Solana (SOL) ecosystem. The cryptocurrency trader started with a purchase worth $600 and currently holds over $2.5 million worth of VibeCat (Minette). Interestingly, the address purchased the tokens at the same block VibeCat’s developer added the initial liquidity to the decentralized exchange. This is a solid indicator of inside trading, considering Solana blocks have an interval of 400 milliseconds. As developed, the crypto insider withdrew 3.89 SOL from Binance, worth $600. With this initial amount, the address bought 2.46 Minette less than a second after its creator deposited the first available liquidity for trade. Picks for you Bull rally incoming as Ethereum whale stacks over $32M in ETH since May 17 mins ago We asked ChatGPT what will be SHIB price in 2025; Here’s what it said 2 hours ago R. Kiyosaki's stark warning: Stop living in Disneyland and prepare ...

Did Venezuela subsidize Bitcoin Miners run by criminals inside prison?

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On September 20, 11,000 soldiers of the Venezuelan army regained control of the Tocorón prison, run by the criminal gang Tren de Aragua. Inside the prison: A nightclub, a swimming pool, a small zoo, a playground, and a Bitcoin (BTC) mining facility with dozens of what were identified as Bitcoin machines. “Inmates could place bets on horse races, arrange loans at a makeshift bank and dance the night away at a nightclub dubbed ‘Tokio’”, says a report by BBC News on September 21. “When food and everyday items were hard to come by in Venezuela at the height of the country’s economic crisis, one newspaper reported that locals would go to Tocorón to buy the essentials they could not get anywhere else.” — BBC News Notably, the Tocorón prison was known as being the center of operations of the Tren de Aragua criminal gang and the AFP News report in Spanish said “It worked like a small city”, also having a “banking agency”. Who was paying for the energy to mine Bitcoin inside of a...