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Miami Beach — Jordan Belfort had a careful talk, relaxing by the pool and sipping Red Bull on a sunny April morning.Not the usual thing about him Imprisonment About 10 Securities Fraud and Money Laundering: This time he was the victim. Last fall, he explained to a group of businessmen who gathered at his palace house that a hacker stole a $ 300,000 digital token from his crypto wallet.
He had received bad news at dinner on Friday, he said, when he sank his yacht to a venture capitalist friend while he was rampaging drug fuel in the mid-’90s. I was speaking.After breaking into Mr. Belfort’s account, a large number of hackers Ohm, A popular cryptocurrency token in another wallet — a publicly visible transaction, Mr. Belfort, could not be revoked. “You can see where the money is,” he said. “That’s the most frustrating thing.”
Belfort, 59, is best known for his memoir, The Wolf of Wall Street, which tells everything about his corrupt career in high finance in the 1990s. main character. Recently, Mr. Belfort is a consultant and sales coach who charges tens of thousands of dollars for private sessions.
This month at his home in Miami Beach, he hosted nine blockchain enthusiasts and entrepreneurs for a weekend crypto workshop — an opportunity to hang out with wolves and have fun. “Intimate financial experience” With friends in his crypto industry.
A long line of celebrities appears in, trying to profit from the crypto boom Cryptographic commercials widely ridiculed Or whiplash Non-fungible tokenA unique digital collection known as the NFT. Mr Belfort said he refused to participate in the worst shillings. He declined the offer to launch a wolf-themed NFT line, even though “I could easily make $ 10 million.”
He is also a recent convert away from crypto skepticism.Not long ago he YouTube video About the dangers of Bitcoin, which he called “crazy madness” and “massive delusions”. Over the years, he said, he gradually changed his mind as he learned more about cryptocurrencies and soaring prices.
Currently, Belfort is an investor in a small number of start-ups, including: New NFT platform When Animal themed The crypto project he said is “taking an ecosystem of dogs and pets and trying to put it in the blockchain.”
Whatever the good intentions of his cryptocurrency, Mr. Belfort is undoubtedly entitled to discuss the subject of financial fraud, which is a major issue in the digital asset industry. In the 1990s, his company, Stratton Oakmont, Sophisticated stock manipulation scheme.. At the height of their wealth, he and his business partners consumed large amounts of cocaine and quad and hired prostitutes on a regular basis. Mr Belfort was finally sentenced to 22 months in prison.
Given its history, it’s a bit unrealistic to hear the older, more greasy Belfort declare in the crypto industry “I’m really looking forward to regulation.” “I’m not interested in separating people from their money,” he said. “That’s the opposite of the way I’m acting now.”
Still, the crypto workshop at his home wasn’t free: the guest paid 1 bitcoin per sheet, or a cash equivalent of around $ 40,000.
The workshop started on Saturday at 9am. Selected from more than 600 applicants, guests paraded through Belfort’s backyard, ate bespoke omelets, and learned Bitcoin mining and trading tips. Tokenomics..Kazakhstan’s cryptominers enthusiastically relaxed in the sun Blockchain influencer A person who runs a roofing company in Idaho. A Florida businessman explained plans to use NFTs at a startup he’s pitching as The Tinder of music. Some guests said they paid for the workshop because they are enthusiastic fans of wolves. Others simply wanted to network with fellow entrepreneurs.
Mimosa was playing by 9:15 am, but Mr. Belfort was not found anywhere. “The US dollar will fall,” said roofing executive Doug Bartlett. It’s been a few minutes. There are no wolves yet. “Is the wolf still asleep?” One guest wondered aloud.
Finally, Mr. Belfort emerged from the house wearing faded jeans and dark sunglasses. Belfort has short black hair. He’s more wrinkled than in the 90’s, but his face still has a boyish smile forever. He stopped by the stairs down the porch to investigate the scene. Nine men in different shades of business casual, including polo shirts, flip-flops, and untack-free button-down shirts. “I think we still need to work on the feminine adoption of cryptocurrencies,” he said. “I had to take some girls here next year.” He paused. “woman.”
Someone handed Mr. Belfort a can of Red Bull. (Around 9:30 am) “I need sugar,” he said. After a few minutes of chat, he took the group to the dining room. There were notes and a copy of the sales manual “Way of Wolf” published in 2017 at each location on the table.
Belfort has been trying to rebuild his reputation for the past two decades, but there are signs of old wolves everywhere. Behind his place at the head of the table, a well-stocked liquor shelf occupied most of the wall. (He hasn’t been high for 25 years, but he said he drinks from time to time.) Next to the shelves was a poster designed to resemble an entry in the periodic table. The best sex ever. “
After a series of introductions, Belfort began a lecture on the characteristics of cryptocurrencies, from the differences between Bitcoin and Ethereum to the rise of Decentralized Autonomous Organizations.He shared his wisdom about cryptographic base “Smart contract” system (“Some of them are really smart; some of them are stupid”) and told an old story about his collaboration with Leo and Marty.
“Leo is I have never taken medicine“He said,” I had to educate him about it. “
For a group of crypto evangelists, it was amazing how much time everyone spent trying to recoup their greatest losses. Almost half of the groups say they have been hacked. One guest said he lost money when the cryptocurrency exchange Mt. Gox collapsed in 2014. The other two said they burned a large number of tokens in a dangerous transaction.
The energy of the room was boosted by the arrival of Chase Hero, one of Belfort’s weekend recruitment of guest speakers. Cryptocurrency investor and game enthusiast Hero declared that Stablecoin, a cryptocurrency whose value is fixed at the US dollar, is “the biggest innovation since sliced bread.”
“It’s cheerful, crazy, and close to the boundaries of the Ponzi scheme,” Hero said of his favorite Stablecoin project. “This is a perfect asset for cryptocurrencies because they love them.”
Norwegian entrepreneur Svein Eric Nilsen, one of Belfort’s guests, began to explain his own business ambitions. Did you have any advice for the hero? He replied that the key to starting a new venture is aggressive marketing. “Imagine going to a beach in Brazil and trying to find one hot chick. There are 8 million people,” said Hero. “The idea is the same here. To get it out, you have to do stupid and silly marketing.”
Hours later, the group had dinner at the finest Italian restaurant Carbone in Miami Beach, and Belfort ate twice a week. When they ate at caviar and rigatoni, some guests shared the story of their own fall. It turns out that Mr. Belfort was not the only wolf in the room. Two guests discussed the mechanism of chasing a young woman without risking entanglement in a “sugar baby” situation. Someone has guessed how enterprising strip club owners can incorporate NFTs into their businesses.
Immediately the conversation was directed to a Japanese club where women are said to be eating octopus. Belfort wanted to know more: were Japanese women beautiful? He then showed the group an iPhone video taken at an S and M-themed bar where the waitress whips the customer.
Artem Bespaloff, CEO of Cryptocurrency Mining Company Asic jungleLeaned at the table to explain his personal conversion to the trail of wolves. He said he was planning to go to medical school when he found a copy of The Wolf of Wall Street in the library.
“I said,’This is what I want to do,'” recalls Vesparov. “I ended up stealing books from the library.”
“That made me feel good,” Belfort said with a laugh. Still, he said he regrets his actions at the time — it was wrong, and he could have been even richer if he hadn’t violated the law. “I missed the internet boom,” he said. “I would have made more than 100 times more money.”
“Well,” Vesparov replied, “You are in cryptocurrency now.”
“You live and learn,” said Belfort.
Audio generated by Adrian Hurst..