These are direct quotes from DFV in his livestream. He never says where his mountain of money came from - only that it was his.
- “I’m the one active on my accounts”
- “the accounts I’m showing and my positions are MINE”
- “I’m not working with anyone else”
- “I’m not working with hedgefunds”
- “I’m not an institutional investor”
- “Those positions I posted are my only positions”
- “…there’s no other positions”
- “…no other folks i’m working with”
I’m not sure about the “legality” of lying about these things on a Youtube livestream while trolling with buffoonery, but it’s a possibility. I personally think he was being truthful, albeit very selective with his words.
I absolutely doubt he was able to scrape together 200+ million (after taxes!?) by himself. We were all shocked he had the financial means to double down in February 2021, and I assumed he tapped a massive line of credit when he quadrupled his position just a few months later. Hundreds of millions, however, is waaayy beyond a 3rd mortgage. Note he did NOT say how he came up with his mountain of money, only that it was “his”.
Possibilities:
- A whale individual(s) with a penchant for chaotic good could’ve gifted him ~$300 million (-1/3 for taxes) with no strings attached - with the assumption, but not the requirement, he’d use the money for a massive GME play. No need to speculate on names.
- Ironically, he could’ve been paid as a consultant by Gamestop for something extraneous (no insider info) with a very handsome payout & no regulations on how he spent the money he “earned” without access to insider info.
- Anonymous crypto donation by Russian oligarch via a proxy to DFV as part of an economic warfare tactic, with the desired effect of discrediting the US stock markets and inducing economic stress to force austerity measures & stifle aid to Ukraine.
Discord is OK for real-time chat or VC, but is awful for forum-like discussions. Comment-specific context is lost in the single-threaded noise and search is borderline useless. The true forum-designed format of Lemmy, Reddit, and predecessors is far and away better. In my opinion Twitter - the legacy, ubiquity and tech - would be a better forum than Discord. That was hard to type and I need to quickly bleach my fingers.