Today, I'll talk about how the SEC has just been caught taking bribes I Want to talk about how this links into the SEC to FTX and even to AMC but also what's happening to the shorts right now as a result of the collapse of FTX. So stay tuned and let's make some money. And now that I've straight in with the key information, so multi-party tweet is saying breaking news: SEC Councilman Berkowitz from the Cfdc has just resigned after being found to have accepted bribes from Sam Batman Freed and as Darren Harper Adami said I'm sure he's the only person to ever accept a bribe ever in the history of the Cftc and the SEC which is obviously sarcasm I wonder just how deep the corruption in the bribery runs inside the SEC the Dtcc and the Cftc. I wonder if every top level employee potentially even including Gary Gensler is accepting bribes from crypto companies and from Wall Street firms like Citadel This article from the LA Times is titled and talks about how emails reveal Sam Bankman Freed's courtship of Federal Regulators is says before his mid-December arrest cryptocurrency billionaire Sam Bank Freed repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream Financial system.

But now the Cftc, the SEC and the Department of Justice are Prosecuting the 30-year-old for fraud, the extensive professional relationships he cultivated with current and former Federal Regulators Risk embarrassment for all involved as the chief exec for FTX a crypto Exchange Bank and Freed hired multiple former Federal Regulators who helped him connect with top officials at the Cftc, the agency that he hoped would be charged with regulating his industry. Many of Bankman Freed's top deputies were former Regulators Ryan Miller Ftx's general counsel previously served as legal counsel directly to Garrett Gensler the then Cfdc chairman who is now the chairman of the SEC So Ryan Miller was promoted to Fdx's Head of General Counsel and had previously work directly with Gary Gensler therefore obviously had a direct link to Gary so the bribes may even stretch further than Berkovitz. And on top of that, Mark Wet Gen Ftx's former head of Policy and Regulatory strategy and current director at Ledger X and FTX affiliate formerly served as the acting chairman and a commissioner of the Cftc. Dennis Keller The President of Better Market Say that those few emails show the Cftc had an open door policy to meet basically whenever FDX wanted to meet, including with the Zen acting chair.

He said FDX hired former Cfdc officials for the purpose obviously to access and influence the Cftc. AK to provide access and secret bribes and that's obviously where FTX had a pending radical proposal to dramatically change the structure and operations of Clearing Houses Burnham from the Cftc said over the past 14 months, we met 10 separate times in the Cftc office at their request, all in relation to this clearing House application. He said there were very, very strong feelings about this application and I felt I needed to be engaged as the chairman of the agency that met directly with FTX and Mr Bank Freed. Now, weirdly enough that Clearinghouse application was never approved even though Sam Bankman Freed met with the head of the Cfdc 10 separate times.

You'd imagine that something could be approved after one individual meeting, but no, it took 10 separate meetings and they still couldn't get it figured out. Clearly, that was just 10 separate opportunities for Sam to bribe the Cftc and the SEC and God knows who else as well. And it wouldn't surprise me with the Cftc and the SEC in the Dtcc are also taking additional bribes not just from Sam at FTX but from other crypto companies and from Wall Street companies like Citadel but as enables tweeted. He said after the FDX collapse, things are getting really interesting.

We've just seen a new all-time high in borrowing costs from Stonka Tracker. The previous all-time high was a few months ago directly after the collapse of FTX reaching 104, but now so far it's already at 114. On top of that, you'll also remember that I showed you yesterday that borrowing rates or texts are also at an all-time high well over 250 percent and Rat Toys explained perfectly why it makes no sense whatsoever at the moment a sure AMC or even to continue keeping those short positions open. He said the short: AMC Right now you have to put up 150 collateral and pay 114 minimum and on average 200 percent to borrow AMC shares.

And on top of that, AMC is a bat. combined with Ape and perform a reverse split and therefore shorting AMC is about to get one thousand percent more expensive than that for every 10 billion dollars shorting. AMC they have to put up 15 billion dollars in collateral and pay at least 10 if not 20 billion dollars per year to continue shorting. And on top of that, you may have seen this article on: Ken Griffin lies that says 507 institutions failed to file 13 F's on Ape.

But yet the S CC says absolutely nothing it says. According to some clever wrinkled brains, 507 institutions failed to file 13f reports on their Ape Holdings in violation of the Sec's reporting rules. In fact, only 29 funds filed 13 FS on eight poldings, so around 94 of funds didn't even bother. He said one eight made an interesting point though, which is that they wouldn't have to report the receipt if they didn't hold the shares at the opening bell on the debt of issue.

However, if this was the case, then 99 of all institutional holders collectively coordinated to sell their shares on the same security at the exact same time. But yeah, on that day of release, there was 42 million Ftds and the price of Ape actually Rose from six dollars up to ten dollars. So again, it seems these funds on Wall Street have obviously bribed the SEC and have therefore not disclosed their ape Holdings in their 13fs illegally. But as a result of the bribes, they've been let off the hook.

But Nft Happiness believes that all the shorts are stuck and that it could all come to an end in January or February of 2023.. they said right now there's a huge amount of far done all three stocks on GameStop there's all kinds of fud on AMC there's the fud between the yes and the no vote and on Bed Bath and Beyond this the further understand still agreement and the bottom conversion and she said how interesting that all of this happens just as we approach the two-year anniversary of the January 2021 sneeze just as the swaps have to be rolled again. Obviously these swaps have to be rolled, but this time around they can't use the FTX synthetics as force locates and she predicts a massive increase in flood as the January 2021 run-up was the Gamestop Main bomb with a number of other small bombs. But the January 2023 run-up will be the GameStop thermonuclear bomb, an AMC thermonuclear bomb, a Bed Bath and Beyond thermonuclear bomb, and many other smaller bombs as well.

To afford a catastrophic January 2023 explosion, the Shore Hedge Funds and the FED have to find a counterparty willing to take the risk of the total return swaps, but there's no parties willing to take on this risk as they're all down so heavily this year on their long positions. So either they have to find a new way to do the crime without the FTX synthetics or find somebody else to hold the swaps or we get the run up. She said that right now prices are at the lows because they have complete control of the price and they're desperate to get retailed to capitulate and sell their shares. And if they don't they will end up being liquidated as they won't be able to meet their margin requirements and therefore the days are counting down for the shorts if they can't find somebody to take the risk of their total return.

Swats and that is also going to compound as I said yesterday with these four hundred thousand currently out of the money call options on MC Obviously, as these calls start going in the money, these market makers have to hedge for all of these call options. Buying tons and tons of agency shares. Obviously, buying tons of AMC shares will push the price up, causing more people to buy more calls, causing these market makers to continue hedging for even more cool options. And when you combine that with the fact they won't be able to find another counterparty to reset their married and divorce puts, those will have to be closed out as well.

Selling or closing out of those put options and closing out of their synthetic shares while buying AMC shares to hedge for those calls will cause the squeeze. And it seems the Dtcc is trying to deny all plausibility of knowledge by allowing these hedge funds to remove their Q Sips from their short positions. 741 Trade Tweak is saying. Effective January 1st, the Dtcc is no longer providing an itemized bill for clients short positions due to a cyber security risk.

This is when clients incur short positions. The DTC imposes a hold of a hundred and thirty percent of the value of the short position until the short position is covered. Historically, the DPC has sent an email to the client informing them of the short position. The email notification contains the security description, q-sip number, and the quantity of the Shore, But now after December 31st, 2022, AK from the 1st of January, the DTC won't be sending that notification and won't be including the Q-sip or security identifier and the quantity on that email.

Therefore, that if you seek and deny any knowledge of existence of giant short positions in individual stocks, they're not going to be naming the stocks, they're not going to be naming the number of short positions held, And they're not even going to be sending an email to remind clients of their short positions. I Believe the reason why the DPC is doing this is because they're currently scared on just how bad the current shape of the market really is. As Finance Lancelot tweeted, he said the equity put cool ratio jumped to 2.38 Today he believes the markets are gonna tank as soon as possible. He said we've never seen anything like this before.

He said these daily violent swings are going to break the market. Dating all the way back to 2007, we have seen increases and decreases in this put call ratio. Back in 2008 we saw 1.4 puts for every call held. but right now this record is being absolutely smashed with 2.3 put options held for every single call.

Many people right now are lining up for the market to crash and trying to hedge with put options, but obviously many of these funds are already down 40, 50, or 60 so far this year. But as more and more people are lining up buying put options, you would expect the market to continue crashing over the next few weeks. But guys, be sure to let me know what you think down in the comments below. And as always guys, be sure to ding that notification Bell because that way you'll be alerted when I upload a new video.

Cheers.