REJECTEDWALL #246
Sam Ikkurty
Posted April 14, 2026
PERMANENT LINKcftcsucks.com/246
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RCIF II - Five bullet Friday - issue #56
Published on samikkurty.com | Five Bullet Friday Investor Update
Dear Partners,
Crypto markets started gaining momentum. Currently there is a bitcoin conference happening in Miami.
Miami is growing to be the hub of crypto activities. The mayor of Miami is very pro-innovation and helping
to remove the regulations that are hampering growth. I request all of you to file for extension in case K-1s are
delayed.
1. The US government intentionally understates inflation numbers systematically. By specifying the inflation as
an accurate figure down to the second decimal point, like 7.92% is just phony. Coinbase ex-CTO, Balaji
Srinivasan has challenged people to come up with a decentralized censorship-resistant price feed that
calculates the inflation. Truflation has won this challenge using Chainlink oracles. This site is now measuring
inflation at 13.2%.
2. Our tyrants across the Atlantic have signed a law that subjects individual bitcoin users to anti-money
laundering requirements for payments over 1,000 euros. This means that your average citizen who is sending
or receiving more than 1,000 euros in a peer-to-peer fashion will be expected to collect and store sensitive
personal identifying information of their counterpart. Not only is this incredibly invasive, but it is extremely
reckless.
3. Things are about to get very exciting for YFI, with the passage of the YIP-66 governance proposal. This
will initiate a massive buyback of tokens of YFI. So far Yearn has been able to defend its position in DeFi as
the dominant yield aggregator. This is evidenced by its ability to command an industry-leading 2/20 fee model
which has generated the fourth largest DeFi protocol revenue in the last 180 days without any liquidity
incentives.
Published on samikkurty.com | Five Bullet Friday Investor Update
Dear Partners,
Crypto markets started gaining momentum. Currently there is a bitcoin conference happening in Miami.
Miami is growing to be the hub of crypto activities. The mayor of Miami is very pro-innovation and helping
to remove the regulations that are hampering growth. I request all of you to file for extension in case K-1s are
delayed.
1. The US government intentionally understates inflation numbers systematically. By specifying the inflation as
an accurate figure down to the second decimal point, like 7.92% is just phony. Coinbase ex-CTO, Balaji
Srinivasan has challenged people to come up with a decentralized censorship-resistant price feed that
calculates the inflation. Truflation has won this challenge using Chainlink oracles. This site is now measuring
inflation at 13.2%.
2. Our tyrants across the Atlantic have signed a law that subjects individual bitcoin users to anti-money
laundering requirements for payments over 1,000 euros. This means that your average citizen who is sending
or receiving more than 1,000 euros in a peer-to-peer fashion will be expected to collect and store sensitive
personal identifying information of their counterpart. Not only is this incredibly invasive, but it is extremely
reckless.
3. Things are about to get very exciting for YFI, with the passage of the YIP-66 governance proposal. This
will initiate a massive buyback of tokens of YFI. So far Yearn has been able to defend its position in DeFi as
the dominant yield aggregator. This is evidenced by its ability to command an industry-leading 2/20 fee model
which has generated the fourth largest DeFi protocol revenue in the last 180 days without any liquidity
incentives.
4. OlympusDAO continues to build despite the negative price action. When we purchased OHM first, its
marketcap was close to $50 million. It ran up to $4 billion and dropped back now to $450 million. There
were hundreds of OHM, but none of them survived. We like to focus on projects with a multi-year horizon
and potential for a 100x returns. Steady compounding effects of staking income will get us there.
marketcap was close to $50 million. It ran up to $4 billion and dropped back now to $450 million. There
were hundreds of OHM, but none of them survived. We like to focus on projects with a multi-year horizon
and potential for a 100x returns. Steady compounding effects of staking income will get us there.
5. KLIMA has been delivering on their promise consistently. Recently it was discussed in a panel at Harvard.
KLIMA has added 2 different carbon bridges to bring more carbon into its treasury. It is a massive victory,
considering that this project is only 6 months old. Recently the SEC has proposed that all the listed
companies in the US have to report their carbon emissions with their SEC filings. This is massively bullish
for KLIMA.
Have a wonderful weekend!
Sam Ikkurty
Source: samikkurty.com | This document is part of the public record of the CFTC v. Ikkurty case.
KLIMA has added 2 different carbon bridges to bring more carbon into its treasury. It is a massive victory,
considering that this project is only 6 months old. Recently the SEC has proposed that all the listed
companies in the US have to report their carbon emissions with their SEC filings. This is massively bullish
for KLIMA.
Have a wonderful weekend!
Sam Ikkurty
Source: samikkurty.com | This document is part of the public record of the CFTC v. Ikkurty case.
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VERIFICATION RECORD
Submission trackF
StatusREJECTED
Posted2026-04-14T08:16:47.000Z
SHA-256 hash15629399d95aeaba48a5e462d393566930415b824e66b677dd94b325bb980297
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