How $ALPACA pumped 10x after Binance delisting — full breakdown Could this start a new trend of "delisting pumps"? 👇
Normally, low-cap tokens are easy to pump — but hard to exit. No liquidity = no one to dump on.
So how do whales exit without getting rekt? ➡️ perpetual futures + high open interest. Otherwise, even whales can't build enough positions at the bottom or exit at the top.
Then came the Alpaca moment: - Binance announced delisting - Traders piled into shorts - Open interest exploded
⚡️ Perfect setup for the whales: - Build massive long positions at the bottom - Aggressively pump spot - Trigger liquidations - Earn 2% funding fees per hour = Printing money while crushing shorts
And here's the real kicker: Binance auto-closes all positions on delisting. Whales don't need to worry about exit liquidity anymore. Just push the price high enough, sit back, and let forced liquidation do the rest.
⚠️ Risk? If Binance changes the rules (e.g., postpones delisting, adjusts closing price), whales could get rugged too. But unless that happens, shorts are simply walking into a meat grinder.
He was 15. Stole $24 million in crypto. Blew it on escorts, nightclubs, and a $100K Rolex. Then the FBI came knocking.
This is the wildest SIM swap scam you’ve never heard of.
Crypto investor Michael Turpin had just left a conference. Across the country, a group of teens bribed telecom workers and hijacked his phone number.
Leading them? 15-year-old Ellis Pinsky.
On a Skype call, Ellis launched scripts that scraped Turpin’s digital life—emails, cloud files, everything—hunting for wallet keys.
Then came the jackpot: $900M in $ETH . But it was locked.
So they dug deeper.
Hours later, Turpin checked his accounts. His biggest wallet? Safe. But $24M? Gone.
It became the largest individual SIM swap ever recorded.
Ellis was suddenly rich. He bought a Rolex, hid it under his bed. But trouble started fast.
One teammate ran off with $1.5M. Another talked about hiring a hitman.
Ellis’s path started early:
Grew up in a tight NYC apartment
Got his first Xbox at 13
Joined hacker forums
Learned SQL injection
Sold rare Instagram accounts
But clout wasn’t enough. He wanted cash. SIM swapping gave him power:
Convince a telecom rep to transfer someone’s number to your SIM— Control texts, 2FA, recovery codes. From there: Reset passwords. Access emails. Steal wallets.
But his ex-partner Truglia couldn’t keep quiet. Tweeted things like: “Stole $24M. Still can’t keep a friend.” He got caught fast. Used his real name on Coinbase.
FBI swooped in. Truglia went to prison. Ellis? Returned most of the money. Was underage. Faced no charges.
Turpin sued him for $22M. Then masked gunmen broke into his house.
Today, Ellis studies philosophy & CS at NYU. Wants to build startups. Repay his debt. Leave the chaos behind.
By 15, he had: – 562 $BTC – Telecom insiders – A lawsuit – A hit on his life
🇨🇭 The Swiss National Bank refused to include Bitcoin in the reserves
The head of the Swiss National Bank stated that the cryptocurrency does not meet the criteria for foreign exchange reserves due to its instability, low liquidity, and security risks.