Trader specialized in crypto futures. I share real market setups, risk management strategies, and practical insights based on experience. TLgram:CryptoFrancoARG
They sued North Korea and nobody believes they’ll be paid.
Bybit has just sued the Lazarus Group and the North Korean government for the $1.5 billion hack they suffered a few months ago. The most striking thing isn’t the lawsuit itself, but the fact that they managed to obtain a preliminary court order to freeze the stolen assets. It’s an unprecedented legal move in the crypto industry: for the first time, an exchange is going after a sovereign state in response to a cyberattack. Chances of recovering the money are almost nil, but the message it sends to the market is different.
This shows that major exchanges are no longer passive victims, and in the long run, that’s positive for institutional confidence in the sector.
Do you think this kind of legal action can actually deter state hackers, or is it just marketing to rebuild reputation?
They hacked $1.500M and now they’re being sued. Will that be enough?
Bybit has just taken a historic step: it has sued the North Korean hacker group Lazarus Group for the theft of $1.5 billion it suffered a few months ago. What’s most impressive is that they’ve already obtained a preliminary court order to freeze part of the stolen assets. This is the first time an exchange has brought a nation-state to court for a cyberattack of this magnitude. This isn’t just a legal move—it’s a declaration of war against the most dangerous actors in the crypto ecosystem.
This sends a strong signal to the market: exchanges are starting to fight for real. If they manage to recover even a fraction of those funds, the impact on institutional trust could be very positive for the sector in the medium term.
Do you think this kind of legal action can deter future hacks, or is it just a symbolic battle that goes nowhere?
Something historic just got recorded on Binance: the Bitcoin futures volume surpassed 8 times the spot volume in a single day, reaching nearly $58 billion. This means there’s far more money betting on BTC’s future price than buying the actual asset. When speculation outpaces the real market that much, the market enters a high-volatility zone. It’s not normal, and the market rarely ignores these signals.
My take: all that accumulated leverage in futures is a pressure cooker—BTC’s next strong move could be brutal in either direction, but historically these ratio spikes end with massive liquidations before a recovery.
Do you think this futures dominance will break upward, or will we see a liquidation hunt first?
On Binance, a historic discrepancy has just been recorded between spot trading volume and futures: futures moved almost **$58 billion in a single day**, surpassing the spot market by more than 8 times. This isn’t a small number—it’s a sign that traders are making bold leverage bets ahead of a big move. When futures dominate like this, the market is loaded with positions, and that can turn out very well... or very badly.
My take: so much liquidity in futures without spot backing is liquidity-hunting territory. Watch the stops, because market makers know exactly where they are.
Do you think this futures dominance is anticipating a bullish breakout, or are they simply filling the market with fuel for a massive position purge?
WHAT IS THE RSI AND WHAT IS IT USED FOR IN TRADING?
The RSI (Relative Strength Index) is one of the most used indicators in trading.
And also one of the most misinterpreted.
The RSI measures the speed and magnitude of price movements on a scale from 0 to 100.
Above 70 → overbought (the price rose very quickly, possible correction). Below 30 → oversold (the price fell very quickly, possible rebound).
The mistake most people make:
Seeing an RSI at 75 and thinking "you have to sell now".
The RSI can stay overbought for entire days in strong trends. In a strong bullish market, a high RSI can mean the move has momentum, not that it’s about to fall.
How do I use it?
I only use the RSI as confirmation, never as a single signal.
If the price is at a key support level AND the RSI shows oversold AND volume increases → that’s where there’s a real opportunity.
An indicator alone is never enough. Confluence of signals makes the difference.
Analysis with real technical confluence, every day. All in my profile. $BTC $ETH