The Narrative Wars

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DWF was all over otter's news feed this week otter loves a good scandal so otter went digging and what otter found was that we may be caught up in a narrative war between two MM companies but first, like & retweet and enjoy this tale 🦦🧵👇🏼

DWF was brought to otter's attention with the memes and posts by @HsakaTrades @0xtuba @WuBlockchain @tristan0x

DWF seems to be a market maker (keep in mind for later) DWF is a new company, established less than a year ago why all the sudden attention at the same time? it all felt coordinated so otter went a-digging

the first crypto publication to fire DWF into our feed this week was an article by @yogita_khatri5 at @theblock__

to jolt your memory The Block has: 1. received secret funding from FTX stolen funds to keep the lights on 2. exCEO received money from SBF & Alameda to buy a mansion in Bahamas 3. accused by CZ to run hit pieces on Binance 4. deleted their previous "journalistic pieces" 🦦

1. received secret funding from FTX stolen funds to keep the lights on twitter.com/otteroooo/status/1602727850376802304?s=20

2. exCEO received money from SBF & Alameda to buy a mansion in Bahamas @CoinDesk

3. accused by CZ to run hit pieces on Binance (a competitor to FTX) twitter.com/cz_binance/status/1560261043213201408

4. deleted their previous "journalistic pieces" what are they hiding...?! why would a news outlet delete their news archive?!‼️ @davidgerard

its clear otter is no fan of The Block since 2022 then The Block took on Evgeny, Wintermute CEO as a board member otter's alarm bells rang 🦦🚨‼️

otter wonders why would a market maker CEO be a board member of news company? is he there to provide journalism expertise? is he there to ensure ethical journalistic standards? what's more, they claim he's doing this as a charity! no money changed hands!

wait a minute! no money changed hands because.. the money was moved before! The Block itself disclosed two weeks later that Evgeny "holds an equity stake" oooooooops! what a sly selection of words from @evgenygaevoy's previous tweet to mislead us retweet this everybody 🦦

so if @cz_binance was right about The Block being used to write hit pieces on Binance while writing puff pieces on FTX instead of criticizing and examining FTX (the hand that feeds The Block) is it possible that they are at it again?

always follow the money now we know there's an unholy alliance between @TheBlock__ and @wintermute_t Has journalistic integrity been compromised by Wintermute? the biggest news this month is about how Wintermute received $ARB tokens to dump onto retail BEFORE THE DAO voted

one may even argue that because of Wintermute colluding with Arbitrum team behind the DAOs back partially contributed to the price of $ARB dropped from $11.1 (listing price) to the $1+ that it is today after all Arbitrum team only sent $ARB, and not stables or eth to purchase

alleged dumping of the airdrop got us all hot and bothered without the dumping our $ARB airdrop value may be 10x more were we airdrop-rugged by Wintermute? the usual cast of investigators have their eyes on Wintermute now

Did a bit of digging into Wintermute Wintermute lost $160 million in a September 2022 “hack” on their DeFi operation another $59 million in FTX

this "defi hack" is pretty interesting why are tokens simply sitting in a wallet? these are supposed market makers why isnt the funds being deployed as liquidity in the order books where they belong were these @wintermute_t profits? maybe @TheBlock__ should investigate?

The Block may have never investigated Wintermute But @Protos sure did And Protos may be the only crypto news media worth following Drop the good folks at Protos a follow twitter.com/Protos/status/1644254531708936193?s=20

maybe if the CEO wasn't busy sitting on news media boards they would have more time to be careful against hacks, leaks & losing money according to @quant_arb Wintermute (WMT) is a dumpster fire

here is what @davidgerard has to say about Wintermute surprising ascend he runs an amazing blog drop the man a follow too

back to the DWF narrative why is DWF in the news two weeks after competitor Wintermute CEO sits on a news media board of directors? is The Block used to fire hit pieces at competitors of its owners yet again? we may never know the answer

yet one thing is for sure when a narrative in crypto comes sudden and coordinated there's always more than meets the eye are we baited into a narrative because one MM company is losing to another newer MM? or to divert attention away from $ARB airdrop dumping?

don't get otter wrong otter isn't defending DWF all hoomans are dirty evil creatures otter just wants to protecc protecc your net wealth protecc you from predatory narratives protecc our airdrops from dumpooooors 🦦

who is otter...? twitter.com/otteroooo/status/1597605022283333632?s=20

this thread would not be possible without them: @HsakaTrades @0xtuba @WuBlockchain @Tristan0x @cz_binance @CoinDesk @davidgerard @TheBlock__ @wintermute_t @cryptadamist @dirtybubblemed3 @Bitfinexed @ParrotCapital @BearNakedCrypto @bigmagicdao @sat0moto @ParrotCapital

@waveninja1 @quant_arb @belsasser84 @Protos @joseandresbar20 @ChainLinkGod @ThorHartvigsen @0xxghost @MaharlikaMark @EvgenyGaevoy