In the dim glow of bureaucratic absurdity, Genius Groupāan AI-fueled cabal of educatorsāfinds itself shackled by the iron fist of the US District Court. A decree, cold and unyielding, forces the surrender of their Bitcoin hoard, as if the very essence of financial rebellion were being smothered in red tape.
Their chief, a man of defiant rhetoric, scoffs at the courtās edict, branding it the handiwork of fraudstersāthose shadowy puppeteers who twist justice into a noose for the unwary.
Fraud, Farce, and the Folly of Fiat
The tale unfolds in press releases dripping with corporate indignation. A dispute, an asset purchase agreement gone rogue, and the specter of arbitration loom like storm clouds over Fatbrain AI. Shareholders, armed with lawsuits, accuse executives of deceitāa drama worthy of a Wall Street soap opera.
Then, the SEC swoops in, wielding restraining orders like a cudgel. No shares, no funds, no Bitcoinājust the slow, bureaucratic strangulation of a company gasping for financial air.
Genius, ever the martyr, claims the courtās rulings are built on lies. They brandish a transcriptāa smoking gunāwhere one of the accused allegedly brags about weaponizing the law for extortion. The irony is thick enough to choke on.
With operations withering, Bitcoin reserves dwindleā440 to 430, a slow bleed to keep the lights on. Marketing halts, sponsorships vanish, and employees stare at empty paychecks. Yet, Genius clings to its listing like a drowning man to driftwood.
An emergency motion is filed, a Hail Mary to the Second Circuit. The stock price plummets, but defiance remains. “We will not bend,” declares the CEO, as if the very act of saying it makes it true.
āWe will fly the flag for Bitcoin, even when banned. It is the antidote to the fraud we now endure.ā
The Ghost of Saylorās Strategy
Once, Genius dreamed of emulating MicroStrategyāa Bitcoin titan. Now, itās a cautionary tale of courts, corruption, and the cruel whims of regulators. The irony? Delicious.
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2025-04-04 22:58