HBOS Reading 2007 : Referral Channel Capture & Workout Function Risk │GP/LP Analysis — 3 Red Flags │EP71 T2

GameStop 2021 : Short Squeeze Risk vs Fundamental Risk │ GP/LP Analysis — 3 Red Flags │ EP80 T2

🔴 FFL Case Library is Live 80 forensic cases · 3 offline tools · zero cloudRun your deals against the pattern database before you sign.Launch price $79 → $99 after EP100 release. All Info is in the Link [⁠⁠https://sergiostieben.gumroad.com/l/wqyicc⁠⁠ [https://sergiostieben.gumroad.com/l/wqyicc]] Short interest risk and short squeeze risk are not the same analytical question. A fund can be fundamentally correct and structurally wrong at the same time. GameStop proved this at scale. This final GP/LP technical episode of the first 80 cases delivers the institutional short book risk framework: days-to-cover monitoring, retail coordination surveillance, and clearinghouse collateral stress testing. Three signals that were visible in public filings in December 2020. This is Episode 80. The library is complete. 80 forensic cases. 80 mechanisms. All searchable in the FFL Case Library. Financial Forensics Labs — Every collapse has a pattern. We dissect it. Layer by layer. KEYWORDS GameStop GP LP analysis, short squeeze risk framework, days to cover red flag, crowded short risk, gamma cascade institutional risk, retail coordination market structure

GameStop 2021 : When Retail Read the Same Filings as Melvin Capital and Flipped the Trade — EP80 T1

🔴 FFL Case Library is Live 80 forensic cases · 3 offline tools · zero cloudRun your deals against the pattern database before you sign.Launch price $79 → $99 after EP100 release. All Info is in the Link [⁠⁠https://sergiostieben.gumroad.com/l/wqyicc⁠⁠ [https://sergiostieben.gumroad.com/l/wqyicc]] Short interest reached 140% of float. The data was public. Retail investors on WallStreetBets read it, coordinated, and triggered one of the most dramatic short squeezes in market history — forcing Melvin Capital and other sophisticated funds to cover at massive losses. This is the financial autopsy of GameStop January 2021 — and the short squeeze + gamma cascade mechanism that turned public regulatory filings into a coordinated market structure event. We cover the days-to-cover arithmetic, the options open interest configuration, Robinhood’s DTCC collateral crisis, and what it revealed about retail as a permanent market actor. This is Episode 80. The first library is complete. Financial Forensics Labs — Every collapse has a pattern. We dissect it. Layer by layer. KEYWORDS GameStop short squeeze 2021, WallStreetBets squeeze, Melvin Capital GameStop loss, gamma squeeze mechanics, days to cover short interest, Robinhood DTCC halt

Terraform Luna 2022 : Yield Sustainability vs Mechanism Analysis │ GP/LP Analysis — 3 Red Flags│EP79 T2

🔴 FFL Case Library is Live 80 forensic cases · 3 offline tools · zero cloudRun your deals against the pattern database before you sign.Launch price $79 → $99 after EP100 release. All Info is in the Link [⁠⁠https://sergiostieben.gumroad.com/l/wqyicc⁠⁠ [https://sergiostieben.gumroad.com/l/wqyicc]] Yield analysis and mechanism analysis are different frameworks. Terraform showed why both are required when evaluating DeFi protocols. This episode delivers the institutional due diligence lens: yield sustainability calculation, LUNA market cap to UST supply ratio, and prior depeg resolution transparency. Three red flags that were calculable on-chain and in public statements before May 2022. Critical framework for any fund with exposure to algorithmic stablecoins, DeFi yield products, or tokenized assets. Financial Forensics Labs — Every collapse has a pattern. We dissect it. Layer by layer. KEYWORDS Terraform GP LP analysis, algorithmic stablecoin due diligence, yield sustainability red flags, UST LUNA death spiral mechanism, Anchor Protocol subsidy analysis, DeFi protocol risk framework

Terraform Luna 2022 : $40 Billion Destroyed in 72 Hours by an Algorithm Doing Exactly What It Was Designed To Do — EP79 T1

🔴 FFL Case Library is Live 80 forensic cases · 3 offline tools · zero cloudRun your deals against the pattern database before you sign.Launch price $79 → $99 after EP100 release. All Info is in the Link [⁠⁠https://sergiostieben.gumroad.com/l/wqyicc⁠⁠ [https://sergiostieben.gumroad.com/l/wqyicc]] The death spiral was not a bug. It was the algorithm working as intended once selling pressure began. UST, the algorithmic stablecoin backed by nothing but its reflexive relationship with LUNA, collapsed from $18.7 billion market cap to near zero in three days in May 2022, destroying approximately $40 billion. Do Kwon, its architect, was later sentenced to 15 years in U.S. federal prison. This is the financial autopsy of Terraform Labs — the subsidized yield + reflexive tokenomics mechanism that made collapse mathematically inevitable once confidence cracked. We dissect Anchor Protocol’s 20% yield (funded by Terraform’s own reserves), the 2021 secret bailout by Jump Crypto, and the death spiral mechanics that no reserve could stop. Quick note before we start — the FFL Case Library is live. Eighty forensic cases, three tools, runs offline. This is Episode 80. Today we close the first library. Link in the show notes. Financial Forensics Labs — Every collapse has a pattern. We dissect it. Layer by layer. KEYWORDS Terraform Luna collapse, UST death spiral, Do Kwon 15 years prison, Anchor Protocol 20% yield fraud, algorithmic stablecoin failure, Luna Foundation Guard Bitcoin

Binance 2023 : Compliance Documentation vs Compliance Program │ GP/LP Analysis - 3 Red Flags│EP78 T2

🔴 FFL Case Library is Live 80 forensic cases · 3 offline tools · zero cloudRun your deals against the pattern database before you sign.Launch price $79 → $99 after EP100 release. All Info is in the Link [⁠⁠https://sergiostieben.gumroad.com/l/wqyicc⁠⁠ [https://sergiostieben.gumroad.com/l/wqyicc]] Compliance documentation and a functioning compliance program are not the same thing. Binance maintained extensive policies while producing almost none of the required enforcement outputs — a gap documented in unprecedented detail by the FinCEN consent order. This GP/LP technical episode provides the institutional framework for evaluating crypto infrastructure counterparties: the difference between policies and outputs, the absence of consolidated supervision as a structural red flag, and blockchain analytics as mandatory due diligence. We extract three concrete signals that were visible before the 2023 settlement and the post-settlement requirements any allocator should now apply. For any fund, bank, or institution with exposure to crypto trading, custody, or infrastructure platforms. Financial Forensics Labs — Every collapse has a pattern. We dissect it. Layer by layer. KEYWORDS Binance GP LP analysis, compliance documentation vs program, FinCEN Binance red flags, crypto infrastructure due diligence, consolidated regulator requirement, blockchain analytics counterparty risk, jurisdictional nomadism institutional risk