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In this video, I discuss the North Korean hack of the Bybit exchange and the theft of $1.5 billion worth of ETH.
If Vitalik and the Ethereum Foundation don't push through a hard fork to defund these North Korean hackers, they need to be held responsible for aiding and abetting global terrorism.
Ethereum has a long history of OFAC censorship and hard forks to restore funds. If Vitalik is willing to lead a fork to restore lost funds to his buddies as he did after the DAO hack in 2016, he should be more than willing to lead a fork to defund North Korea's terrorism and nuclear weapons program.
Ethereum is a compromised chain with centralized control, which makes it less than ideal as ultra-sound, neutral money.
Not investment advice! Consult a financial advisor.
Vitalik loves Asian culture:
https://www.reddit.com/r/ethtrader/comments/n1korr/ethereum_founder_vitalik_buterin_speaks_chinese/
https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2F9m8x6chbfnfd1.jpeg
Vitalik says "Make communism great again":
https://x.com/VitalikButerin/status/1889771554512200166
Bybit exchange hacked:
https://www.theblock.co/post/342769/north-koreas-lazarus-group-responsible-for-bybit-hack-resulting-in-losses-of-over-1-5-billion-arkham
https://decrypt.co/307243/bybit-massive-withdrawals-billion-ethereum-hack
Stealing Ethereum is like stealing toilet paper:
https://x.com/BitPaine/status/1892966477411885477
Ethereum's complexity gives it a wide attack surface:
https://x.com/jimmysong/status/1892976831730528596
https://x.com/rob1ham/status/1893018939929890845
North Korean leader Kim Jong-Un is now the 14th largest holder of ETH:
https://x.com/CarlBMenger/status/1893113885663633787
If you pay any ETH gas fees after North Korea stakes their ETH, you will be sending money to terrorists:
https://x.com/BitPaine/status/1893085540733592027
Vitalik needs to roll back the chain now:
https://x.com/mattkratter/status/1893103551460843604
OFAC North Korea sanctions:
https://ofac.treasury.gov/sanctions-programs-and-country-information/north-korea-sanctions
Ethereum already does OFAC censorship:
https://www.mevwatch.info/
Ethereum Foundation:
https://ethereum.foundation/
Vitalik is in charge of Ethereum:
https://x.com/VitalikButerin/status/1881680518934384676
DAO hack:
https://en.wikipedia.org/wiki/The_DAO
Roll back ETH now and stop nuclear proliferation:
https://x.com/Excellion/status/1893132013768491239
The glorious Chollima:
https://en.wikipedia.org/wiki/Chollima_Movement
Bitcoin is freedom money:
https://www.cointribune.com/app/uploads/2024/01/bitcoin-usa-crypto.jpg
Cat purse boy:
https://cryptopotato.com/wp-content/uploads/2019/02/1vitalik-buterin-eth-inventor-cat-bag-min-1280x720.jpg
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#NorthKorea
#Ethereum
#Bybit
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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