Tangent: Hopefully My Last Mention -- Of Martin Shkreli's "Troubles" -- In Relaunching Some *.inu Token, Here In 2024...

I elsewhere mentioned that Mr. Shkreli was apparently calling out what he regarded as other scammers, about token air-drops related to some AI project, over the past weekend.

Now it seems he's saying that "a kid he met in prison" has scammed him, by the use. of. HIS. good. name(?). . . .

Erm. Okaaaaaay.

I'll link this bit, because in it, Martin Shkreli's x-itter feed is reportedly making multiple verifiable, factual statements -- about the (now scrubbed) launch of. . . whatever this was going to be. And those better all turn out to be true, for Martin's sake (in avoiding a second stay at FCI Allenwood Low).

Here's the full story, out this morning -- and a bit:

. . .The recipient of the gift, who goes by @_d3f4ult on X, allegedly dumped his coins while promoting the unreleased token to his Discord group, telling them he was bullish and buying into Martin Shkreli's project.

Influential financial X account, Zerohedge, posted its take on the drama saying "Maybe don’t start crypto ventures with people you meet in prison?"

Whether legal action comes out of the alleged pump and dump is currently unknown, but it does add an example for cryptocurrency skeptics convinced the industry is full of fraud. . . .

For what it is worth, this is much the same narrative we heard in the late Summer of 2022: that some unknown someone had gained access to Martin's computer and crypto-keys, and rug-pulled the then Shkreli.inu. netting around $320,000.

That 2022 money is likely gone -- and it would not be shocking to learn that the "kid he met in prison" doesn't exist at all. . . and that it is all just another alt account of Mr. Shkreli's, himself.

Obviously, if the kid is real -- Martin could ID him to authorities, and they might pursue that guy for wire fraud (just as it did against Martin, in 2017-18!), and get at least some of the defrauded "investors' funds" returned.

But if these latest funds have gone offshore, to Swiss accounts, via Mr. Shkreli's other affiliated / alias accounts. . . that false-ID Will be useless (and another felony violation). Mr. Shkreli's federal BoP minders should require, at a minimum, given that he's made these affirmative factual statements in public, that he cooperate with law enforcement, and ID the supposed kid.

That would be / already is. . . a term of the order setting his continuing now two years of close monitoring.

Onward.

नमस्ते