We’ve decided to give you access to the Philakone data all in one place and as soon as you open this article. This is simply too important. It’s important to bring all the data and dialogue ‘under one roof’.

Links to data:

https://anonfile.com/F3FeNbd8b3/PhilakoneData_-_Copy.zip

https://anonfile.com/65FaN3d1b5/Philakone_c__-_Copy.zip

https://anonfile.com/x0FaNad4bf/Philakone_a__-_Copy.zip

https://anonfile.com/26F8Ned0bb/Philakone_b__-_Copy.zip

https://anonfile.com/F3FeNbd8b3/PhilakoneData_-_Copy.zip

Philakone is a well-known crypto trader on Twitter, Facebook, Steemit, YouTube…all the requisite crypto social media platforms. He is constantly schooling new entrants into crypto, specifically crypto technical analysis, on how to make money day trading the volatile assets.

Questions began to emerge about his relationships within crypto and his ‘non-published’ behavior when he alerted crypto twitter to a hack on his accounts and hardware several weeks ago. Drama ensued. Public conversations emerged between Philakone and known scam artist Zeke Echelon. Crypto curious watchers began to wonder if there was more to Philakonkone’s persona and activity than meets the eye.

The answer to that question is: Yes there is. And it isn’t pretty.

DOCUMENTS ARE UNFLATTERING

The ICO Journal was passed a sizable folder of documents that seem to prove that Philakone either believes he is a trading God, able to move markets with his every word, tweet, sheer force of genius, OR he is connected to some shady forces and is doing their bidding on Bitfinex and other exchanges while telling his followers to do just the opposite. Whichever it is, it isn’t a good look.

What follows will be a couple documents that show Phil discussing the different processes that are used to generate his profits and who benefits with him or gets ‘trapped’ as he terms it:

That isn’t a good look. But let’s attempt to give Philakone the benefit of the doubt here. The only way we can do that is to assume that he doesn’t mean any of this and is simply attempting to impress a woman via social media (he is speaking to a female on Facebook Messenger here).

Even if that is the case, and he is just putting up a front, it still calls into question the comments like “no one can succeed in day trading.” Isn’t that the very service that he promotes on Twitter, YouTube, Steemit, and other platforms – accepting payment for his calls and trading education? If he doesn’t believe that you can make any money day trading digital assets, then why is he charging people to learn how to trade. Shouldn’t customers have a minimum expectation that their instructor at least has a passing belief that what he is teaching is actionable and has a chance to produce profits?

But we digress…

Below you will find more discussion that we think is ‘cringe-worthy’. Philakone calls himself a TA God and believes that being offered different so-called “opportunities” within the crypto trading underworld qualifies him as such.

Again, we’d like to give him the benefit of the doubt and toss all of this under the guise of simply attempting to impress a female messenger on Facebook. But the dots don’t seem to add up. If he is a TA God, why does he admit above that TA is basically a joke, yet he is happy to charge those new to crypto monthly fees to learn a trade that he doesn’t believe works? But…he is a TA God? Strange.

DISAVOWS PUMP AND DUMP, BUT LIKES ZEKE

As the conversation continues, Philakone makes it clear that he is a fan of Zeke Echelon and his antics (even calls him ‘hot’ at one point), but disavows his pump and dump tactics.

So here we are again wondering what part is true and what part is positioning for the female on the other end of this conversation. The crypto community has wondered if Philakone has been involved with Zeke in any sort of pump and dump profits. This conversation seems like he has NOT been involved, and finds the activity deplorable. See for yourself here:

Let’s go ahead and take that one at face value. It seems pretty straightforward. Philakone doesn’t believe in pump and dump scams and believes the integrity of the crypto community is violated by such activity. many reading this will quickly point out Philakones involvement with Zeke, screenshots on Twitter, his name being mentioned in pumps, so forth and so on. I guess this is one spot where you can make up your own mind.

Philakone’s behavior and communication in the first part of this article was strange, manipulative and narcissistic. It may not have risen to the level of criminality or fraud though. Flirting with an admiring female via Facebook Messenger, and calling yourself a ‘TA God’, doesn’t run afoul of any known securities laws (they don’t apply anyway!).

But what we are about to show you does begin to cross a line into the type of activity that could draw the ire of regulators in any country that finds this type of behavior and chooses to prosecute it. Manipulating Bitfinex alt-coin markets for the benefit of millionaire coin contributors, while laughing all the way to the bank is at a minimum, epic scam behavior.

The issue here is that Philakone not only describes it but enjoys it, laughs at those that think they are winning when he is about to watch them get crushed. Needless to say, not a good look.

What Philakone is describing there are larger coin investors pooling their resources, manipulating the prices of specific coins and then crashing those prices once they’ve gotten the requisite return they desired. Instead of a small-time ‘pump and dump’ these are (according to Philakone’s own words) massive positions that move markets against other investors.

Here is another clip that is very, very disturbing:

Again, we’d like to give Philakone the benefit of the doubt here and just chalk all of this talk up to trying to impress a girl on Facebook Messenger. But as you will see in the data dump that we will link to at the end of this article, he seems to believe that he doesn’t have to impress anyone, especially women. He claims that they throw themselves at him on the regular.

But here is where the real damning commentary takes over…

And here is where we stop giving Philakone the benefit of the doubt. Here he explicitly describes how he is using TA analysis to give his viewers, those that pay him (donate?), and anyone that follows his calls, a false sense of security; while on the back end, he is assuring that a group with millions upon millions on the line is taking the exact opposite position. Read for yourself:

In summary:

Phil has admitted to market manipulation on Bitfinex. Phil has described exactly how it is done. Phil has admitted that his TA analysis has a darker motivation. Phil has admitted to enjoying ‘trapping’ and ‘killing’ smaller investors. Phil believes all of the above makes him a self-described ‘TA God’.

All data has been provided by @cryptodeathleak