reSee.it - Tweets Saved By @adamscochran

adamscochran
Posted - January 9, 2026 at 7:28 PM
Saved - January 10, 2026 at 8:14 AM
reSee.it AI Summary
A participant argues that a video shows the officer escalated, lacked jurisdiction, and committed murder, not that Renee “dragged” him. Key points: the officer stepped in front of a reversing car against policy, drew a gun, and fired after the car began to move; additional shots followed without pursuit or scene control; Renee appeared calm and tried to drive away; the speaker cites policy, lack of threat, and Barnes v. Felix to contend self-defense claims fail. The officer allegedly fled the scene.

@adamscochran - Adam Cochran (adamscochran.eth)

1/13 Of course MAGA’s propaganda goons are trying to argue this video “clears” the officer. So let’s debunk that bs. It CLEARLY shows he was NOT “dragged”, he escalated and he knew he lacked jurisdiction. AND that he committed an aggravated murder. First, note how the officer is walking around her vehicle filming.

Video Transcript AI Summary
Speaker 1 says, “We don’t change our plates every morning, just so you know. It’ll be the same plate when you come talk to us later,” and adds, “US citizen, former fucking country,” followed by, “You wanna come at us? You wanna come at us? I said go get yourself some lunch, big boy.” Speaker 2 then yells, “Out of car. The Get out of the fucking car.” Speaker 0 responds, “Get out of the car. I took it to my car. Woah. Fucking bitch.”
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Full Transcript
Speaker 0: That's fine, dude. I'm Show not mad at Speaker 1: your face. I'm Speaker 0: not mad at you. Speaker 1: That's okay. We don't change our plates every morning, just so you know. It'll be the same plate when you come talk to us later. That's fine. US citizen, former fucking country. You wanna come at us? You wanna come at us? I said go get yourself some lunch, big boy. Go ahead. Speaker 2: Out of car. The Get out of the fucking car. Speaker 0: Get out of the car. I took it to my car. Woah. Fucking bitch.

@adamscochran - Adam Cochran (adamscochran.eth)

2/13 Renee is engaging calmly and even says “I’m not mad to you dude” Not angry. Not threatening. The officer is filming her and her plates because he KNOWS he lacks jurisdiction to take action here and needs to refer to local PD. https://t.co/sRzgfYYpRW

@adamscochran - Adam Cochran (adamscochran.eth)

3/13 The officer steps out in front of the car (against DHS policy) as Renee goes to reverse and turn away, clearly doing a K-turn and turning the wheel AWAY from the officer to drive down the street. https://t.co/0nXSDfXbYU

@adamscochran - Adam Cochran (adamscochran.eth)

4/13 Now this is the part of the video that MAGA claims “proves to officer got hit and hit hard” But take careful note of two things, first, the officer is back from the car, and while the car is still not in motion he takes a step forward and to the left, reengaging the vehicle.

@adamscochran - Adam Cochran (adamscochran.eth)

5/13 This matters because of the second angle. That step is when he goes from filming, to pointing his gun at her with no reason. The vehicle not yet in motion he leans forward over the hood pointing the gun. https://t.co/37SaVLezTK

Video Transcript AI Summary
The transcript describes an agent crossing toward the left of the vehicle and grabbing his gun, then opening fire on the motorist and continuing to shoot as she drives past. “Oh, shit.” The moment the agent fires, he is standing to the left of the SUV, with the wheels pointing to the right, away from the agent.
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Full Transcript
Speaker 0: Crosses toward the left of the vehicle and grabs his gun. He opens fire on the motorist and continues shooting as she drives past. Oh, shit. The moment the agent fires, he is standing here to the left of the SUV, and the wheels are pointing to the right, away from the agent. Shit.

@adamscochran - Adam Cochran (adamscochran.eth)

6/13 The impact you hear in the first video is the bullet and his gun against the windshield. She absolutely does drive forward at this point and clip his gun and hand, but you can see in the video that he is safe and to the side, and has drawn on her. https://t.co/41sCEYNqzp

@adamscochran - Adam Cochran (adamscochran.eth)

7/13 She was calmly attempting to drive away. When she was looking behind her, he steps in front of the car, distracted by his filming and ignoring DHS policy. The most generous interpretation would be that his distracted negligence led to a sudden decision, but negligence does not defend against negligent homicide.

@adamscochran - Adam Cochran (adamscochran.eth)

8/13 Even once clear of the car he fires two more shots. At the end of it all, the shooter doesn’t attempt to chase and secure the scene, doesn’t say anything proving he felt scared or threatened. He just angrily calls her a “fucking bitch” with no remorse. https://t.co/iHuHTFFCx7

@adamscochran - Adam Cochran (adamscochran.eth)

9/13 From there we know he gets into his car and leaves the scene. While officers refuse to let a doctor tend to Renee as she bleeds out Renee tried to reverse out of the situation calmly and turns around to see a gun in her face. She reacted reasonably.

@adamscochran - Adam Cochran (adamscochran.eth)

10/13 There was no reason at this moment for him to draw his weapon. His orders were NOT lawful, but even if they had been ignoring a lawful order does not authorize lethal force escalation. It authorizes arrest or a referral to police. https://t.co/yLq066qWzz

@adamscochran - Adam Cochran (adamscochran.eth)

11/13 We know that the ICE agent was aware of this. Why? Because he was recording her plates for that exact reason earlier. https://t.co/Ky5IGHVU0M

@adamscochran - Adam Cochran (adamscochran.eth)

12/13 We know there was no threat or aggression from Renee, because we can hear it on the video. And according to the case Barnes v. Felix, we must consider the officers actions when he claims self-defense. If he put himself in the way of harm and escalated he cannot then claim self defense.

@adamscochran - Adam Cochran (adamscochran.eth)

13/13 He walks in front of the car. He draws his gun on a car that is reversing and turning away. He stepped towards the car. He moved his gun forward. He shot the gun. He was the escalator. He knew he lacked jurisdiction to stop her, and drew his gun without cause. He KNEW he committed a murder and he fled the scene.

adamscochran
Posted - September 19, 2025 at 12:02 PM
Saved - September 19, 2025 at 5:03 PM
reSee.it AI Summary
I’m raising serious concerns about the authenticity of the text messages in the Tyler Robinson case. They don’t sound like a 22-year-old gamer, and we lack timestamps and clarity on their platform. The FBI’s methods, including aggressive interrogation, could lead to coerced, paraphrased reconstructions rather than accurate representations. This could jeopardize the case, especially with capital punishment at stake. We need the original messages for transparency, as the current presentation risks misleading the jury with potentially altered meanings.

@adamscochran - Adam Cochran (adamscochran.eth)

1/5 WOW! According to reporting by the New York Times: The suspicious text messages between Tyler Robinson and his partner were *REPRODUCED* for the charging document. Raising even more questions about their authenticity! https://t.co/MfRZAIssed

@adamscochran - Adam Cochran (adamscochran.eth)

2/5 Not only do they not sound like a 22 year old gamer, but: -No one has seen any timestamps -We don’t know if they were text messages or on another platform like WhatsApp/Discord/Telegram And most importantly: -We don’t know if they are paraphrased https://t.co/p1KaBKqn5x

@adamscochran - Adam Cochran (adamscochran.eth)

3/5 For all we know, the FBI interrogated Robinson’s partner, under what they called “aggressive interrogation posture” Under coercion he could have “recounted” texts that they “reconstructed” https://t.co/1sMQuSp0gn

@adamscochran - Adam Cochran (adamscochran.eth)

4/5 Normally, especially in a case pursuing capital punishment, we’d expect these text messages provided in full form. Not cut, not paraphrased, not “reproduced”, and certainly not sounding like it was written by a 40 year old cop.

@adamscochran - Adam Cochran (adamscochran.eth)

5/5 Where are the original text messages? Why aren’t they included? Is any text missing from these that would change the tone or meaning? What are the time stamps? Do these texts even exist at all? This is another major screw up by the FBI that majorly risks this case! https://t.co/w8qclBgFg2

@adamscochran - Adam Cochran (adamscochran.eth)

It’s important to understand, I don’t think this means they are fully fake. They are likely paraphrased reconstructions from under interrogated duress - which actually makes them *MORE* dangerous/problematic:

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

Many journalists are like “well that could just mean they copied it over” Sure - but it can also mean a lot of other things, and in the context of this administration it’s foolish to assume good faith!

@adamscochran - Adam Cochran (adamscochran.eth)

1/17 The *dangerous* mistake that mainstream journalists make on the Tyler Robinson case, is the same mistake that Chuck Schumer makes in Congress: -They assume that the Trump admin is "politics as usual" But this is not normal. They lie to us DAILY! https://t.co/8d9CbIY1ec

@adamscochran - Adam Cochran (adamscochran.eth)

1/5 WOW! According to reporting by the New York Times: The suspicious text messages between Tyler Robinson and his partner were *REPRODUCED* for the charging document. Raising even more questions about their authenticity!

@adamscochran - Adam Cochran (adamscochran.eth)

@d3fmetal https://t.co/Ja55sryCel

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

Yeah the “aggressive interrogation posture” quote is correct. But then they claim in the doc they claim it was reconstructed from a picture. At this point, my hunch is that they’ve interrogated the boyfriend and paraphrased his statements to recreate texts, and are omitting that fact to let people assume these texts are word-for-word

@adamscochran - Adam Cochran (adamscochran.eth)

@AvroArrowflys Fully dead? Not likely - unless these texts were full forgeries. But Kash’s public statements and biases have deeply jeopardized the case. It’s likely his sentencing will be light, and there is a small (but non-zero) chance of a mistrial!

@adamscochran - Adam Cochran (adamscochran.eth)

@SciOperative Incredibly so. Even from the charging doc, we know Patel was making claims about investigation supporting groups, while they already supposedly had these texts, which show other parties didn’t know. That’s another reason why this sits weird.

@adamscochran - Adam Cochran (adamscochran.eth)

@MiasmicMatt Yup, my guess is:

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

@ReddogOHIO It depends on how they were gathered and how they are expressly presented. That gives room for defense to contest them, but, it’s likely not illegal how they’ve been put forward here. This is what I suspect:

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

@MaryMil62180561 Yeah he said the contents of a written note were determined by “aggressive interrogation posture” They didn’t say that about the texts. But then their story changed up to say they got the content of the note from a picture of the note. So it’s all very suspect.

@adamscochran - Adam Cochran (adamscochran.eth)

@_Sweet_Lew Yeah for the past few days my theory has been reconstructed from coerced testimony. (Which people complained was outlandish to claim, and now we see is right) Here’s how I suspect it happened and how they’ll use it:

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

So look while he has the presumption of innocence, there is evidence against him here. Jumping to something like paid actor is an extraordinary claim that would require extraordinary evidence to be valid to entertain. I think it’s likely that he did it, but the case has been sloppy and that the FBI tried to embellish the facts to fit a political narrative instead of just pursue conviction. So I think it’s important we don’t jump to grand conspiracy, but instead view this through the lens of incompetent and bias investigators.

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

@BizarroTrump10 Nonsense. There are absolutely valid ways for them to have and use reconstructions. That doesn’t mean the prosecutor didn’t do their job. But it does mean the public needs clarification, because of how this evidence is used in shaping a political narrative.

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

@adamscochran - Adam Cochran (adamscochran.eth)

So let’s be clear, I am not saying they are fully fakes. What I think is likely is: -they had a text convo -they deleted that convo -the roommate/boyfriend was interrogated -he recounted the contents of that conversation under interrogation -the FBI reconstructed texts and asked “is this what it said” and he gave some general agreement -they gave that to prosecutors -prosecutors put it in charging doc without expressly saying how it was obtained -When trial finally happens, it will be so long after it happened that both parties will struggle to remember exact phrasing and prosecution won’t present these as word for word, but claim “didn’t you say this was basically the content/meaning of the texts?” And try and bully them into accepting that these paraphrased words were “within the spirit of” what they said. That’s dangerous because even if this is roughly what they said or recounted, specific word choice has huge impact on a jury.

adamscochran
Posted - August 5, 2025 at 11:43 PM
Saved - August 6, 2025 at 8:35 PM
reSee.it AI Summary
I found an intriguing article from The New York Times featuring Epstein's home and notable figures like Trump and Musk, but it overlooked a crucial photo. This image shows Epstein with Sultan Ahmed bin Sulayem, a key Emirati businessman linked to the Port of Djibouti, which Epstein allegedly used for smuggling. Evidence suggests Epstein had connections to arms deals and smuggling operations dating back to the 1980s. My research indicates that this photo could confirm Epstein's ties to smuggling activities, particularly involving weapons and drugs, through established networks.

@adamscochran - Adam Cochran (adamscochran.eth)

1/18 The New York Times released a great piece of pictures from Epstein’s home showing Trump, Musk and hidden cameras. But they missed the most important picture that proves Epstein’s smuggling crimes and fills in a *HUGE* part of the puzzle: https://t.co/RHgqkqUbbO

@adamscochran - Adam Cochran (adamscochran.eth)

2/18 This picture right here shows Epstein being very friendly with Sultan Ahmed bin Sulayem, an Emirati businessman. He holds three important positions: -Chairman of the Jebel Ali Free Zone (Jafza) in Dubai. -Chairman & CEO of DP World. -Chairman of Branson’s Hyperloop One. https://t.co/4rBUV2VqBH

@adamscochran - Adam Cochran (adamscochran.eth)

3/18 Why is any of this relevant? When Epstein was arrested the first time, they found in his safe two passports, one of which was an Austrian passport. The passport was authentic, but included a fake name for Epstein and listed his location as “Saudi Arabia” https://t.co/hsNjyNSbg0

@adamscochran - Adam Cochran (adamscochran.eth)

4/18 According to the defence this passport was simply a fake, for protection. But the government had evidence that the passport was used to enter France, Spain, the UK and Saudi Arabia, and other countries during the 1980s.

@adamscochran - Adam Cochran (adamscochran.eth)

5/18 And it just so happens that it was during the 1980s Epstein was running around Europe, Africa and the Middle East involved in arms deals with Douglas Leese and Adnan Kashoggi (responsible for the Iran-Contra deal and the Al-Yamamah arms deal)

@adamscochran - Adam Cochran (adamscochran.eth)

6/18 This continued right into the early 2000s when Epstein’s wealth *rapidly* grew as did his influence in the US and UK. Including close ties with Tiffany UK’s CEO Rosa Monckton.

@adamscochran - Adam Cochran (adamscochran.eth)

7/18 At the time, he bragged to several people that he was making a fortune smuggling arms, drugs and diamonds out of Djibouti, where he “knew the owner” of the port - which was published in a 2001 article. He was also known to regularly be bringing guns into the UK. https://t.co/c68kbC8kke

@adamscochran - Adam Cochran (adamscochran.eth)

7/18 But no clear evidence has ever tied Epstein to Djibouti, or suggested any real connection to Saudi Arabia, or Dubai, or any smuggling, other than knowing Adnan Khashoggi and Douglas Leese. That is, until today…

@adamscochran - Adam Cochran (adamscochran.eth)

7/18 Until you look up who operated the Port of Djibouti in the 2000s. It’s none other than shipping company DP World of Dubai, run by Sulayem. Which took over port operations formally in 2000 and ran the port until 2018. https://t.co/HXoHJkvTcz

@adamscochran - Adam Cochran (adamscochran.eth)

8/18 Sultan Sulayem had been made chairman of the Jebel Ali Free Zone in 1985. Which became the core hub of DP World’s future trade. The money to fund the initial port at Jebel Ali was arranged through British-Egyptian Mohamed Al-Fayed, who at the time was married to Samira Khashoggi, and Scottish-Emirati businessman Mohammed Mahdi Al Tajir.

@adamscochran - Adam Cochran (adamscochran.eth)

9/18 Adnan Khashoggi and Bruce Rappaport, both arms dealers and port investors, had cargo come out of the Port of Djibouti at that time. All while it was under the management of Ilyas Moussa Dawal an Ethiopian immigrant to Djibouti who had studied in France, and made prominent connections with French authorities.

@adamscochran - Adam Cochran (adamscochran.eth)

10/18 In the 2000s, before any public tender offer DP World under Sultan Sulayem suddenly announced they had a 20 year contract to manage the port of Djibouti. It was unclear to everyone how Sulayem and Dawal were connected and got this deal approved.

@adamscochran - Adam Cochran (adamscochran.eth)

11/18 But at the time Maxwell and Epstein had their claws deep in French society throwing lavish parties in the Rivera. Their contacts there and those that visited the island are still sealed by courts due to French privacy laws.

@adamscochran - Adam Cochran (adamscochran.eth)

12/18 And as it turns out one of the contacts was Jack Lang, a French cultural minister with a history of “defending pedophiles” and who was friends with Woody Allen, Harvey Weinstein and Epstein. But he also led the “Arab World Institute” which 3 of Dawaleh’s professors frequently spoke at and took students to. (Trion, Signoles, Davie) AND created the Fête de la Musique, and hosted multiple music and theatre organizations that Ghislaine Maxwell was a patron of.

@adamscochran - Adam Cochran (adamscochran.eth)

13/18 The problem is, who connected Sultan Sulayem to Ilyas Moussa Dawaleh and pressured the Djibouti government on this deal? Even if he knew Dawaleh at this time previous evidence only pointed to Epstein knowing Sulayem as of 2009: https://t.co/NoEHArASrs

@adamscochran - Adam Cochran (adamscochran.eth)

14/18 However, you’ll notice that this picture is in Dubai, likely in Jebel Ali, and both the men are fairly young. The problem is Epstein never *officially* never visited Dubai other than 2 short lay overs in 2002, each which were under 4 hours. https://t.co/i3tihgSvps

@adamscochran - Adam Cochran (adamscochran.eth)

15/18 But Epstein did visit the Middle East in the 80s (and possibly in the 90s) using his fake Austrian passport - which we know from statements of the US prosecutors, who said the passport did have travel stamps. https://t.co/IgZjfRjDA4

@adamscochran - Adam Cochran (adamscochran.eth)

16/18 To date, no one has ever proven the claims of Epstein’s smuggling operation. Nor proven that he had any contacts in Djibouti or Dubai prior to 2009. That picture, in Dubai, somewhere between 1980-2002 proves he already knew Sulayem well at that time.

@adamscochran - Adam Cochran (adamscochran.eth)

17/18 It also makes likely that Epstein did know Ilyas Moussa Dawa of Djibouti, and used this as a way to smuggle assets into France and the UK for the likes of Douglas Leese and Adnan Khashoggi. Especially once you know they all had offshore entities opened for them around the same time, while being a “client” of Epstein’s financial services company - using the same providers and patterns that both Epstein’s own entities and the Maxwell family Trust used.

@adamscochran - Adam Cochran (adamscochran.eth)

18/18 So one small picture helps us to confirm the timeline, that when the Rolling Stone reported in 2001 that Epstein had previously bragged about smuggling via Djibouti, he did have the correct contacts for this to be true. And therefore he likely smuggled guns, drugs and diamonds.

@adamscochran - Adam Cochran (adamscochran.eth)

And yes this took several hours of research to figure out after seeing the pictures! 😅😮‍💨 I have also learned Djibouti has pretty shit records.

@adamscochran - Adam Cochran (adamscochran.eth)

Yes. More so than ever. He was a criminal and a freelancer happy to do anything and work with anyone for the right price. You are fixated on one boogeyman that you want to be at fault here. (The Austrian passport seems to involve a payoff directly to an Austrian official, not any intel agencies btw)

@adamscochran - Adam Cochran (adamscochran.eth)

@CuriousAMC It is honestly insane. Like even in this thread alone, there is now more to investigate on if Epstein was possibly involved in Iran-Contra. Like wtf?

@adamscochran - Adam Cochran (adamscochran.eth)

@samuelonweb3 If your reading comprehension was better, you’d note that the important part was not if they had business ties, but about *when* they knew each other, and the fact that Epstein was only in Dubai at certain times.

@adamscochran - Adam Cochran (adamscochran.eth)

@Abdul_Azeez246 What… Well Epstein is dead… And the government admitted to having over 400,000 files related to the Epstein case, so I don’t know wtf you’re talking about…

adamscochran
Posted - June 16, 2023 at 12:02 PM
Saved - June 16, 2023 at 1:27 PM
reSee.it AI Summary
Tether's backing breakdown reveals extensive Chinese paper and third-party loans. It was mostly banked by small regional banks in the Bahamas. Tether denied exposure to Chinese paper during a phase when it was trading at a steep discount. Tether's banking partners are subpar banks, and it made loans of USDT against Bitcoin and Ether collateral. Tether had high exposure to Chinese commercial paper during shaky times. It worked with third-rate banks. Tether's act may have improved, but it's not perfectly safe.

@adamscochran - Adam Cochran (adamscochran.eth)

1/12 Tether backing breakdown from Bloomberg based on the '21 docs: -Included extensive amounts of Chinese Paper (basically short term loans to Chinese companies) -Included a "sizeable loan" to Celsius Network.

@adamscochran - Adam Cochran (adamscochran.eth)

2/12 -Tether also made extensive third party loans -And was mostly banked by small regional banks in the Bahamas.

@adamscochran - Adam Cochran (adamscochran.eth)

3/12 -Tether denied it's exposure to Chinese Paper during a phase when Chinese paper was trading at a steep discount, but that would align with these documents.

@adamscochran - Adam Cochran (adamscochran.eth)

4/12 -Tether's banking partners are pretty subpar banks, based primarily in the Bahamas and Asia, and mean you have to trust the solvency of these banks as well.

@adamscochran - Adam Cochran (adamscochran.eth)

5/12 -Tether did make loans of USDT against Bitcoin and Ether collateral to multiple parties, including Bitfinex -At one point $5.1B in USDT was on loans against BTC or ETH (which was ~20% of all Tether in 2021)

@adamscochran - Adam Cochran (adamscochran.eth)

6/12 -The 2021 attestations by accountants did not address the large exposure to BTC or ETH as a call out, and instead simply noted value in excess of liabilities:

@adamscochran - Adam Cochran (adamscochran.eth)

7/12 -Also confirms that Tether made a loan to Bitfinex to cover its losses from the Crypto Capital Corp Scam.

@adamscochran - Adam Cochran (adamscochran.eth)

8/12 So what we know: -As of 2021 Tether had exposure to private loan collateral for BTC and ETH covering up to 20% of USDT rather than just 1:1 -It had high exposure to Chinese commercial paper during shaky times. -It worked with third rate banks I'd never deposit at.

@adamscochran - Adam Cochran (adamscochran.eth)

9/12 Has it cleaned up its act? Maybe. I think it's decreased its exposure to commercial paper and crypto assets - but do I think it's perfect safe 1:1 in reliable assets? Less likely. And I doubt their banking partnerships have improved.

@adamscochran - Adam Cochran (adamscochran.eth)

10/12 Does that mean USDT is worth $0? No. But I also don't think you can take USDT at the face value of $1, especially during times of stress.

@adamscochran - Adam Cochran (adamscochran.eth)

11/12 If USDT has cleaned up its act to the point of being pristine, they should simply release this level of reporting details from last month as a side-by-side comparison for consumers to make their own assessment.

@adamscochran - Adam Cochran (adamscochran.eth)

12/12 I can understand why they wanted this suppressed. It's not the absolute $0 that Tether truthers wanted, but it certainly shows the kinds of risks you are exposed to with Tether.

@adamscochran - Adam Cochran (adamscochran.eth)

I'll add, that Occam's razor here is not that Tether set out to buy shitty stuff for profit - but that managing $20b-$80b is a fucking hard problem that most teams can't handle and need to grow into. If that's the case, they should be able to prove that improvement.

@adamscochran - Adam Cochran (adamscochran.eth)

It's important to remember that no risk is 0$ or 100% its somewhere in between. Just like no stablecoin is perfectly $1 when you factor in risk - it's all about which risks you and the market are willing to take. Chinese paper and Bahamian banks aren't on mine.

@adamscochran - Adam Cochran (adamscochran.eth)

If anything Tether might have been saved by the massive rate hikes in the US making it much easier to make large capital gains on safe assets. The things that killed some banks, may have pushed them to safer construct in their portfolio.

adamscochran
Posted - June 15, 2023 at 12:41 AM
Saved - June 15, 2023 at 11:26 PM
reSee.it AI Summary
Prometheum, a company that raised $48M without a product, has former SEC and FINRA staff on its team. It claims to have launched an ATS that supports digital asset securities, but Bloomberg reported it cannot clear or settle transactions. The company has been quiet for years until it suddenly got approvals and appeared as a Congressional witness. Its tokens are similar to those listed in the SEC's actions against Coinbase and Binance. The company's approval is questionable, and its intentions are unclear.

@adamscochran - Adam Cochran (adamscochran.eth)

1/23 Hoooooo baby this Prometheum story gets even better. So they started in 2017 when they filled their Reg A+ and aimed to raise $50M. But how did these random lawyers supposedly get approval from the SEC and FINRA?

@adamscochran - Adam Cochran (adamscochran.eth)

2/23 Look no further than their team, including Rosemarie Fanelli, who worked for the NYSE and then FINRA

@adamscochran - Adam Cochran (adamscochran.eth)

3/23 John Tornatore from CBOE

@adamscochran - Adam Cochran (adamscochran.eth)

4/23 Or CCO Joseph Zangri from - yup, the SEC

@adamscochran - Adam Cochran (adamscochran.eth)

5/23 -Around since 2017 -Did a Reg A+ filing to issue a token in 2017. -Have not launched their product since 2017. -Have a bunch of former SEC and FINRA staff -Suddenly appear at a hearing parroting political talking points favoring the SEC.

@adamscochran - Adam Cochran (adamscochran.eth)

6/23 They've scrubbed their social media from prior to 2019 which is when they got their current domain on the .com - the previous .info site is still on wayback machine. On that site they said their genesis block would be 2019...

@adamscochran - Adam Cochran (adamscochran.eth)

7/23 If you search year by year through Google, you'll notice lots of noise about them in 2017 and 2018. Then nothing for a while, until the end of 2020 early 2021 where they claim to be SEC regulated and raise $15M

@adamscochran - Adam Cochran (adamscochran.eth)

8/23 That means it got its approval under Jay Clayton and not the current administration. It leaned on this commission statement of allowing broker-dealers to hold custody digital assets.

@adamscochran - Adam Cochran (adamscochran.eth)

9/23 But even to date, it acknowledges it can't clear or settle transactions and therefore, even though it is registered it cannot operate. This is from a Bloomberg piece on them:

@adamscochran - Adam Cochran (adamscochran.eth)

10/23 Then they go silent again for a few years. Until suddenly, in late '21 to early '22 they hire former FINRA and SEC staff (still with no clear product) After which they suddenly get the approvals they've wanted. Still with no operation.

@adamscochran - Adam Cochran (adamscochran.eth)

11/23 Now layer this all on with the fact: -Their fundraise was with Wanxiang a purported CCP affiliate. -They raised $48M without a product. -Hired former SEC and FINRA people -Pay $1.5M to Network 1 Financial Securities

@adamscochran - Adam Cochran (adamscochran.eth)

12/23 Who is Network 1 Financial? A shady broker with a Chinese affiliated firm and a horrible compliance track record of more than 20 regulatory or civil actions against them. (h/t @MattWalshInBos)

@adamscochran - Adam Cochran (adamscochran.eth)

13/23 But it gets better - that broker was the one behind the Ice Tea company that pivoted to a blockchain project in 2017 as a scam. As well as another offering that was a blockchain pivot that the SEC charged for fraud. (h/t @collins_belton)

@adamscochran - Adam Cochran (adamscochran.eth)

14/23 In 2022 again, mostly quiet, until they announce they've "launched their ATS" They claim that their ATS supports digital asset securities including: "Flow, Filecoin, The Graph, Compound and Celo" Of course, since none of these are securities they can't have...

@adamscochran - Adam Cochran (adamscochran.eth)

15/23 So they claim this ATS has existed for well over a year and that it is integrated with "Anchorage Digital Bank" (hey @Anchorage - any comment?) But no one has heard of it, and it is supposedly now clearing regular crypto assets via an ATS?

@adamscochran - Adam Cochran (adamscochran.eth)

16/23 But that statement where they claimed to be offering those tokens was in 22. The Bloomberg article from earlier where they said they don't have an offering, can't clear and settle and *hope* to list assets in the future...was from May 2023...

@adamscochran - Adam Cochran (adamscochran.eth)

17/23 So if they launched their ATS in 2022, why, in 2023 are they talking about intent to launch and their hands being tied? Why are they suddenly showing up as a Congressional Witness?

@adamscochran - Adam Cochran (adamscochran.eth)

18/23 Why are the tokens they listed in '22 (Filecoin, Flow, et al) many of the same tokens that the SEC has now first listed in their actions against Coinbase and Binance?

@adamscochran - Adam Cochran (adamscochran.eth)

19/23 There are three possible answers: 1) These are plants who are being given a sweet regulatory deal in exchange for engaging in the way the SEC wanted to (just like Gary was working on with SBF)

@adamscochran - Adam Cochran (adamscochran.eth)

20/23 2) These guys are using their SEC and FINRA connections to push an agenda to get certain assets deemed securities and for them to be the only approved player to capture the market.

@adamscochran - Adam Cochran (adamscochran.eth)

21/23 3) These guys are grifters who raised a ton of money from sketchy sources and for years have been twisting worst and progress to continue to ride the grift.

@adamscochran - Adam Cochran (adamscochran.eth)

22/23 I don't know which one it is, but something is rotten here. With all the efforts Coinbase, Kraken and other reputable firms have put into putting their best foot forward - it is impossible to believe this sketchy agency got the green light.

@adamscochran - Adam Cochran (adamscochran.eth)

23/23 Even a cursory glance shows that this is not someone you should greenlight, especially not as the first in the space. Plants, patsies, or opportunists - its unclear, but the fact Gensler is letting them run around with SEC approval is a red flag.

@adamscochran - Adam Cochran (adamscochran.eth)

After writing this all out - I feel as if Elizabeth Warren is about to personally kick down my front door, drag me off to some blacksite where they keep the aliens, and waterboard me for unearthing her plants or something...

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