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A foreign investor has quietly gobbled up 9 oceanfront lots in Malibu for $65 million following the January wildfires.
The investor reportedly assembled a team to track down owners because the "desirable" sites weren't publicly listed.
"He started building a team on his end of expediters, architects and kind of figured out what the best size lots and frontage would be to build on to eventually resell," said the agent, Weston Littlefield of the Weston James Group, to Realtor . com.
"I’d say probably about 50% had sentimental value to their properties just based on memories, or their parents passed it down to them."
"But a lot of them, ultimately, just didn’t want to go through the rebuilding process because of how long they knew it was going to take to really come back."
Infuriating.
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The investor reportedly assembled a team to track down owners because the "desirable" sites weren't publicly listed.
"He started building a team on his end of expediters, architects and kind of figured out what the best size lots and frontage would be to build on to eventually resell," said the agent, Weston Littlefield of the Weston James Group, to Realtor . com.
"I’d say probably about 50% had sentimental value to their properties just based on memories, or their parents passed it down to them."
"But a lot of them, ultimately, just didn’t want to go through the rebuilding process because of how long they knew it was going to take to really come back."
Infuriating.
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JUST IN - U.S. Supreme Court rules 5-4 that Trump can cut $783 million in NIH "diversity, equity, and inclusion" funding
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Its got to be hard to be a single woman over 40 (35 imo)
Its too bad no one warned them that this would happen.
Oh wait, we did.
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Its too bad no one warned them that this would happen.
Oh wait, we did.
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BREAKING: Due to vote irregularities at the DFL convention, DFL is revoking its Omar Fateh endorsement
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ALERT: Onchain sleuth Dethective links the $YZY sniper wallet to LIBRA insiders. Nearly $23M extracted across both launches.
Nansen & Cyvers confirmed wallet overlaps.
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Nansen & Cyvers confirmed wallet overlaps.
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CONFIRMED: Same group behind the launching & draining of both $LIBRA and $YZY
The 23M extraction story:
1/ YZY launch
I guess you bought $YZY with a price >1$?
Well, this guy bought it at 0.2$, with a big 250k size.
$1M profit in 8 minutes.
2/ Cashout
Then he sent all the 1.8M to a new wallet.
The wallet already received a lot of money from other sources.
6 months ago.
What happened 6 Month ago? $LIBRA launch
3/ Libra sniper 1
This is the first sniper that sent money to the treasury wallet
Bought libra before everyone.
Swapped a lot through LP (same as the Kanye sniper)
9M extracted
4/ Libra sniper 2
This one was even better.
From the inside information it was able to extract $11.5M
5/ A recap
This is what they extracted so far with:
• Inside info
• Big capital
Almost 23M, now sitting on Kamino or already on Binance
6/ Conclusion
This is proof is that he did not snipe any coin besides $YZY and $LIBRA, and he was prepared with huge size, and he acted in a way that only an insider could have.
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The 23M extraction story:
1/ YZY launch
I guess you bought $YZY with a price >1$?
Well, this guy bought it at 0.2$, with a big 250k size.
$1M profit in 8 minutes.
2/ Cashout
Then he sent all the 1.8M to a new wallet.
The wallet already received a lot of money from other sources.
6 months ago.
What happened 6 Month ago? $LIBRA launch
3/ Libra sniper 1
This is the first sniper that sent money to the treasury wallet
Bought libra before everyone.
Swapped a lot through LP (same as the Kanye sniper)
9M extracted
4/ Libra sniper 2
This one was even better.
From the inside information it was able to extract $11.5M
5/ A recap
This is what they extracted so far with:
• Inside info
• Big capital
Almost 23M, now sitting on Kamino or already on Binance
6/ Conclusion
This is proof is that he did not snipe any coin besides $YZY and $LIBRA, and he was prepared with huge size, and he acted in a way that only an insider could have.
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Is the Hayden Davis “we’re here to max extract” draining of memecoins true “capitalism” by any good, concrete definition?
Anonymous Quiz
10%
Yes - memecoin draining is true “capitalism”, and I have a good, concrete defintion that shows why
15%
No — and I have a good concrete defintion that shows why
25%
Idk - I can’t come up with any good concrete definition of capitalism that works here
50%
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