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How Iran has financed its recent military actions thanks to bitcoin


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#1 andr99

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Posted 19 April 2024 - 06:39 AM

I read an interesting article few days ago that substantially said they sold a large amount of bitcoin shares, in order to make its 

value drop and at the same time they opened a short trade on the bitcoin future, to take advantage of the drop from their leveraged

position in the future market. In other words they lost 1 on one part and gained 10 on the other one. Net gain was 9. Numbers can

be different, but the concept is clear.   


Edited by andr99, 19 April 2024 - 06:42 AM.

forever and only a V-E-N-E-T-K-E-N - langbard


#2 andr99

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Posted 19 April 2024 - 06:58 AM

they have made 1.1 billion dollars taking advantage from a 7% drop in the price of bitcoin that they caused themselves


forever and only a V-E-N-E-T-K-E-N - langbard


#3 12SPX

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Posted 19 April 2024 - 08:17 AM

Hmmmm interesting, I've heard that it is used for alot of bad guys to move money but if its all traceable is that possible is the question...



#4 andr99

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Posted 19 April 2024 - 08:51 AM

when they have pocketed the money and it's moved elsewhere where no western authority can do anything, the game is done. At least, that is what

I would imagine they can do. 


Edited by andr99, 19 April 2024 - 08:51 AM.

forever and only a V-E-N-E-T-K-E-N - langbard


#5 slupert

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Posted 19 April 2024 - 04:46 PM

Hmmmm interesting, I've heard that it is used for alot of bad guys to move money but if its all traceable is that possible is the question...

It's traceable.