To move the price they need to remove the BTC from circulation, putting in cold storage. Paper BTC can have any price the exchange wants, since is just a number in a SQL database.

Bro, why would you believe that they're doing so without them sharing their L1 #bitcoin addresses to confirm their holdings? IMO any company, firm or government who claims to be buying #btc should be obligated to do so. Otherwise they should be presumed to hold at best paper #btc and worse nothing a...

The final boss of scams is legacy-finance fractional-reserve Bitcoin.

Paper bitcoin…it’s a hell of a drug