Original Title: The Nakamoto Heist: How David Bailey Used a 99% Stock Collapse to Buy His Own Empire

Author: Justin Bechler, Bitcoin OG

Editorial Compilation: Ismay, BlockBeats

Editor’s Note: This article provides an in-depth analysis of the astonishing capital operations behind David Bailey and his controlled Nakamoto Holdings ($NAKA). From the frenzied stock price surge during the reverse takeover listing to the subsequent 99% collapse after retail investors entered, followed by the acquisition of his private assets through a highly inflated valuation using the remnants of the listed company, this is a meticulously designed wealth transfer exploiting information asymmetry and regulatory loopholes.

This is a brutal investigation into…