'Sneak preview' of what I uncovered in Texas; Stablecoins Attract Scrutiny in SEC's Drive to Control Crypto; China blowing up unfinished apartment buildings; Updated slides and three Zoom calls about Ukraine; Hate e-mails I received
1) In my February 10 e-mail, I mentioned that I had flown down to Texas to do some boots-on-the-ground research about the energy industry, which I'm really bullish on...
What I discovered was so exciting that I commissioned an exclusive on-camera investigation into what I'm calling the "1,000% Windfall" opportunity.
I hired a full film crew to capture every detail of how this "1,000% Windfall" opportunity works... and how you can use it to potentially make a huge return as the situation unfolds, perhaps in 12 months or less.
Tomorrow, we're releasing this full video investigation to the public. But right now, you can get a free "sneak preview" on what we uncovered... and put yourself on the list to be alerted when we release the whole thing – get the details here.
2) This is good to see...
I think most stablecoins are a total fraud (like Terra and Luna were) and even the best (least scammy?) ones like Tether (which I've written about many times – archive here) are highly dangerous because they aren't audited, so I would bet my last dollar that they're under-reserved and thus subject to a blow-up. Stablecoins Attract Scrutiny in SEC's Drive to Control Crypto. Excerpt:
Washington's battle to rein in crypto has a new front: stablecoins.
The Securities and Exchange Commission is investigating whether stablecoins, cryptocurrencies that maintain a price of $1, are among the products that were issued in violation of investor-protection laws. SEC enforcement lawyers have told Paxos Trust Co. that regulators plan to take enforcement action over its stablecoin, BUSD, although that decision isn't final.
An SEC lawsuit over BUSD, the third-largest stablecoin by market value, would be a significant jolt to an industry that has suffered a series of shocks in recent weeks. After the failure of crypto exchange FTX, the SEC has already cut off the ability of some crypto middlemen to offer lending services that give crypto investors a way to earn interest by lending out their tokens.
A lawsuit over stablecoins might not be easy for the SEC to win, according to securities lawyers, because stablecoin users don't expect profits from owning the tokens. That motivation is one of the crucial prongs of a 1946 Supreme Court test, known as Howey, that regulators use to spot which cryptocurrencies are securities.
"In your classic stablecoin... the profit is kept by the house," said Timothy Spangler, a partner at Dechert LLP who has advised clients on the structure and formation of products tied to digital assets. Even so, he added, "Regulators are well within their jurisdiction to look under the hood."
3) Here's a tweet with a one-minute video of China blowing up unfinished buildings. I wonder how widespread this is? I'll let you know what I learn...
I sent this earlier today to my personal China e-mail list (roughly two e-mails per week). If you would like to be on it, simply send a blank e-mail to: china-subscribe@mailer.kasecapital.com.
4) Following up on yesterday's e-mail about my humanitarian mission to Ukraine last week, a huge thanks to my many readers who sent me nice notes and donated to the cause (and jeers to the few haters – see below). Here are a few follow-up items...
I've significantly updated the PowerPoint presentation about my trip that I shared in yesterday's e-mail – the latest version is here. Below are my two favorite slides on the half-ton of supplies I brought with me on the plane in 14 checked bags and two carry-ons, and the 10 more ambulances I ordered, which will be delivered to the Polish-Ukrainian border in less than two weeks:
5) For those who are interested in learning more, I'm hosting three Zoom calls today, tomorrow, and Friday to answer questions and share the crazy stories (with pictures) from the past week I can't share publicly.
The times will be:
- 5:30 p.m. Eastern time this afternoon, February 22
- 8 p.m. Eastern time on Thursday evening, February 23
- 8 a.m. Eastern time on Friday morning, February 24
To join, simply click this link for all three.
It's open to anyone, so please invite any friends who you think might be interested.
And if you wish to subscribe to my Ukraine e-mail list (roughly one e-mail every day or two with the latest news about the war), simply send a blank e-mail to: ukraine-subscribe@mailer.kasecapital.com.
6) I'm donating all of the ambulances to MOAS, a wonderful charity that operates a fleet of them on the front lines. Its founder, Chris Catrambone, called me yesterday morning and told me this:
I am at our forward operations based only three miles from the front line in Bakhmut.
We delivered your ambulance and doctors were crying when they saw it.
As I was there, truckloads of dead, dying, and walking wounded soldiers were coming in.
There's been a 20% increase in gunshot wounds in recent days, which means they're in hand-to-hand combat.
Overall, there's been at least a 30% increase in our patient load in the past month. We are beyond capacity, which means there are never enough beds in the hospitals – people are lying in the hallways – nor enough ambulance capacity.
There are three classes of patients: green (aren't going to die), yellow (will die soon if not treated), and red (will die immediately if not treated).
We haven't missed any reds and are getting to almost all the yellows, but we are having trouble getting to the greens without any box ambulances.
Greens are NOT simply broken arms and legs – most are artillery injuries in which pieces of the body are missing (e.g., they're amputees) – but they're stabilized. That said, while they may not be dying, they can't be transported without medical assistance.
They need to be taken from places like Bakhmut to a major hospital in Dnipro – a 3.5-hour drive – but the military won't take them that far. We could fit three "greens" in one of the Mitsubishis you're buying us:
You and your donors are like angels – thank you so much!!!
7) The battery-powered heated vest that I donated ended up with Vita, a doctor in Dobropillya (note the lit-up red control button on the front). She looks a lot better in it than I did!
8) Haters gonna hate... Here are some of the negative e-mails I received about my trip:
- "I wonder whether this is a publicity stunt or an ego driven trip so you can feel good about yourself and have something to brag about. Why do you need to even make the trip yourself? That is absurd. There is nothing humanitarian in this 'mission.' You are poking a nuclear bear in the face. There are 600MM children in Africa, 20% of which are malnourished or starving. If you were maximizing the value of philanthropy you would not be spending a cent in Ukraine as you can do orders of magnitude more good providing vaccines and food to those who lack it." – Joaquin O.
- "Trump is correct... He could end this war in one day with a simple phone call to Putin and Zelenskyy. Your ambulance publicity 'look at me' is about as good as your donations to the BNB nonsense. All you and Biden are good for is more death and pain for The Ukranine . Just think maybe you can keep it going until the 2024 elections." – Harold S.
- "I'm sure more people in this country are currently concerned with the tragedy unfolding in Palestine, Ohio. Or with the millions of illegals storming our border with fentanyl, killing our kids. All this while our government feeds the war machine in Ukraine. Everyone feels terrible for the innocent civilians having to uproot their lives or die in Ukraine. Instead of negotiating a peace treaty, we have only furthered the war. This didn't happen under Trump. You think that's a coincidence ???" – Richard L.
Don't worry about me. I've been a public figure for so long that I'm inured to it...
Best regards,
Whitney
P.S. I welcome your feedback at WTDfeedback@empirefinancialresearch.com.






