REJECTEDWALL #105
Sam Ikkurty
Posted April 14, 2026
PERMANENT LINKcftcsucks.com/105
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Five bullet Friday - Issue #68
Published on samikkurty.com | Five Bullet Friday Investor Update
Dear Partners,
Crypto markets are steadily improving. In a notable news this week, Mass Mutual joins the crypto markets
with an investment of $100 million in bitcoin. Microstrategy also raised a convertible debt of $650 million
just to invest solely into bitcoin. It starts as a trickle first and then it becomes a flood, as there are many
corporations with trillions of dollars on their balance sheet losing value steadily with inflation.
1. It is remarkable how much money is printed on the name of 'stimulus' from our politicians. Many charts
have shown that the Federal Reserve printed $804 billion dollars in a two week period in November. In
another statistic, 35% of all the dollars printed ever, were printed this year alone. The effect of all of this
printing is showing up in money sloshing into a $100 billion dollar valuation for airbnb after its IPO listing.
This is very bullish for scarce Crypto assets.
2. On the early hours of Tuesday morning of this week, zlot token had a sudden drop to $800. I literally
jumped out of my bed, and bought an additional 200 tokens in our portfolio. For a short duration, its market
cap was only $6 million. I feel much more comfortable owning a fixed percentage of a small supply than
owning a big cap like XRP. XRP has a supply of 100 billion tokens and traded every day with a volume of
$8 billion. As a result, we currently own 1234.56 tokens of zlot. As of now, 75% of all the outstanding
tokens are locked in the governance contract.
3. We have added a new position in Badger token this week. We started with an initial stake of 5236 tokens
purchased around $6. Badger's primary focus is to bring bitcoins to Decentralized Finance protocols in order
to earn a yield. I am hugely bullish on a lot of bitcoin migrating to ethereum in order to generate income.
4. I started selling off our position in HEGIC. I still think very highly of this project. But with our ZLOT
position, we will be constantly earning new HEGIC tokens. We already own the machine that produces
HEGIC tokens. We don't require double exposure to HEGIC both via holding tokens and producing new
HEGIC tokens as income. Since ZLOT is already a big portion of the fund, we don't need too much exposure
to the same asset. I still see Zlot token as a baby YFI and still have a lot of potential.
5. We have not collected SNX rewards this week. It will be done next week. YFI is expected to announce
their long-awaited version 2 within a week. That will help the sagging price. We are currently upgrading our
website this weekend. It will be unavailable from Saturday (12/12/2020) 6 PM CST for a period of 24 to 48
hours.
Wishing you all a wonderful weekend!
warm regards,
Sam Ikkurty
Published on samikkurty.com | Five Bullet Friday Investor Update
Dear Partners,
Crypto markets are steadily improving. In a notable news this week, Mass Mutual joins the crypto markets
with an investment of $100 million in bitcoin. Microstrategy also raised a convertible debt of $650 million
just to invest solely into bitcoin. It starts as a trickle first and then it becomes a flood, as there are many
corporations with trillions of dollars on their balance sheet losing value steadily with inflation.
1. It is remarkable how much money is printed on the name of 'stimulus' from our politicians. Many charts
have shown that the Federal Reserve printed $804 billion dollars in a two week period in November. In
another statistic, 35% of all the dollars printed ever, were printed this year alone. The effect of all of this
printing is showing up in money sloshing into a $100 billion dollar valuation for airbnb after its IPO listing.
This is very bullish for scarce Crypto assets.
2. On the early hours of Tuesday morning of this week, zlot token had a sudden drop to $800. I literally
jumped out of my bed, and bought an additional 200 tokens in our portfolio. For a short duration, its market
cap was only $6 million. I feel much more comfortable owning a fixed percentage of a small supply than
owning a big cap like XRP. XRP has a supply of 100 billion tokens and traded every day with a volume of
$8 billion. As a result, we currently own 1234.56 tokens of zlot. As of now, 75% of all the outstanding
tokens are locked in the governance contract.
3. We have added a new position in Badger token this week. We started with an initial stake of 5236 tokens
purchased around $6. Badger's primary focus is to bring bitcoins to Decentralized Finance protocols in order
to earn a yield. I am hugely bullish on a lot of bitcoin migrating to ethereum in order to generate income.
4. I started selling off our position in HEGIC. I still think very highly of this project. But with our ZLOT
position, we will be constantly earning new HEGIC tokens. We already own the machine that produces
HEGIC tokens. We don't require double exposure to HEGIC both via holding tokens and producing new
HEGIC tokens as income. Since ZLOT is already a big portion of the fund, we don't need too much exposure
to the same asset. I still see Zlot token as a baby YFI and still have a lot of potential.
5. We have not collected SNX rewards this week. It will be done next week. YFI is expected to announce
their long-awaited version 2 within a week. That will help the sagging price. We are currently upgrading our
website this weekend. It will be unavailable from Saturday (12/12/2020) 6 PM CST for a period of 24 to 48
hours.
Wishing you all a wonderful weekend!
warm regards,
Sam Ikkurty
2.
Source: samikkurty.com | This document is part of the public record of the CFTC v. Ikkurty case.
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StatusREJECTED
Posted2026-04-14T08:12:36.000Z
SHA-256 hash2bca7e8737e07314fdeb0b2e64390e47dfd8080b117ae005031163b126f6be5c
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