The Audio Recordings Bitfinex doesn’t want you to hear.

3 min readFeb 7, 2018


Bitfinex is mad because I actually took the effort to listen to all of their available recordings of their public chat channels. They know these channels can be recorded. They are public.

Anyone can go onto them and listen to them. They even stream it on YouTube.

In some cases, the principals behind Tether and Bitfinex make some startling admissions, including admitting to what I consider to be bank fraud, money laundering, and even admitting that they even considered doing fraud… but then say they totally didn’t.

Here are those recordings. You should save these immediately and repost them to as many places as possible.

None of these recordings were obtained illegally. Whalepool has taken great effort to delete their copies of these recordings, and unfortunately for them, I already got them and re-shared them.

Starting from the very beginning:

Phil Potter, Bitfinex/Tether executive admits to playing shell games with banks

Whalepool deleted the source of this recording almost immediately. We have it available for us to hear because I have been on top of them.

Phil Potter, Bitfinex/Tether executive admits to trading on his own exchange. They could be frontrunning their own customers. Tries to explain how he doesn’t trade he just buy’s and sells… uh… huh?

Phil Potter, Bitfinex/Tether executive is asked who is in charge of Bitfinex. For some reason this question sends him into a panic.

Phil Potter, Bitfinex/Tether executive admits that their plan was to pay off Bitfinex tokens with Tethers. Admits that Bitfinex owns Tether.

Phil Potter, Bitfinex/Tether executive admits that he knew that the lawsuit against Wells Fargo was nonsense and that Wells Fargo had a right to deny the transactions. The goal was to get a temporary injunction to buy time.

After Bitfinex/Tether lost banking, anytime someone asked about Tether ties to Bitfinex, Phil Potter denied a relationship. Paradise Papers proved there was.

This is Phil Potter contradicting himself.

Giancarlo Devasini, the Chief Financial Officer of Bitfinex/Tether admitting he seriously thought of pushing wash trades through the system, then says he totally didn’t. This was recorded before they lost banking and were desperate.

The CEO of Bitfinex, is not really in charge. The Chief Financial Officer of Bitfinex admits that he is the primary decision maker, and that Phil Potter is his partner. I believe the CEO is simply a nominee CEO, like a nominee director for their shell/shelf corporations that they use for banking.

Giancarlo Devasini, Chief Financial Officer of Bitfinex/Tether admits to some sketchy math they used to ‘repay’ the BFX tokens.

Essentially, they told people they could get their money back quicker by converting to equity, then selling shares to another shareholder.

This is called a ponzi scheme.

Giancarlo Devasini, Chief Financial Officer of Bitfinex/Tether admits they trade on multiple exchanges, meaning they could be manipulating multiple books and not just Bitfinex.

A whalepool ‘institutional’ customer claiming he buys Tethers for money, yet afraid to describe how the process works.

Also forgets just because he bought Tethers with real money, doesn’t mean all Tethers are being bought with real money.

Phil Potter, Bitfinex/Tether executive admits that wash trading is happening on Bitfinex. Makes no effort to establish if wash trading isn’t allowed, quite the contrary, claims there are reasons to ‘wash trade’.

And lastly, Phil Potter admitting they will list coins even they consider to be scams.

Because nothing says a legitimate exchange like the Chief Strategy Officer listing tokens which he considers to be scams in order to profit from the scams themselves.

Save these recordings, because chances are they want them out of the limelight. It is irrefutable proof of fraudulent activity on their exchange.

The source for all of these audio clips is from Whalepool’s Teamspeak channel. Whalepool is staffed by Bitfinex shareholders.

They have repeatedly deleted videos from their channel that contain these type of audio clips and continue to chant that “YOU HAVE NO PROOF”.

I have proof. I have their own voices admitting to fraudulent behavior.

I’m not going to be silenced.

Trade carefully.





Blog for @Bitfinexed on Twitter. Exposing possible fraud by largest Bitcoin exchange, Bitfinex/Tether