First Nest | NEST

Blockchain Case Files | Ep. 03: FTX: a balance is not proof of custody What happened: The DOJ’s 2024 sentencing release describes how Sam Bankman-Fried misappropriated FTX customer deposits for uses that included supporting Alameda and making investments. This episode covers the conduct described in that release. How to read the evidence: A custodial platform can show a balance while customers depend on the company to honor withdrawals. An on-chain wallet snapshot can help show assets at one point in time, but it cannot establish the platform’s full obligations or how customer funds are handled. What to check: Ask how deposits are segregated, how liabilities are measured, and who can approve withdrawals or transfers to affiliates. Each question tests a different part of custody. Source: justice.gov/usao-sdny/pr/sam… Independent education by First Nest. #NEST #FirstNest #BlockchainCaseFiles #FTX #Custody #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Blockchain Case Files | Ep. 02: Bitfinex: stolen and seized are different What happened: The U.S. Department of Justice says 119,754 BTC were moved out of Bitfinex in 2016 through more than 2,000 fraudulently authorized transactions. A 2022 DOJ report records the seizure of more than 94,000 BTC. How to read the evidence: The breach affected exchange controls; the Bitcoin ledger still recorded the transfers. The ledger can preserve evidence of movement even when it cannot tell you who authorized the transfer or who controls a wallet. What to check: Compare amounts in BTC and dates before comparing dollar headlines. The value at theft and the value at seizure reflect different dates. A seizure also does not establish that customers have been repaid. Source: justice.gov/archives/opa/pr/… Additional source: justice.gov/usdoj-media/dag/… Independent education by First Nest. #NEST #FirstNest #BlockchainCaseFiles #Bitcoin #CryptoSecurity #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Blockchain Case Files | Ep. 01: The DAO: the contract was the weak point What happened: On June 17, 2016, an attacker exploited vulnerabilities in The DAO and diverted approximately 3.6 million ETH, according to the SEC’s 2017 investigative report. The affected application was The DAO. The exploit did not require taking over Ethereum’s consensus. How to read the evidence: Ethereum’s incident notice describes a recursive call that allowed the same operation to collect ether repeatedly. The lesson is to look at when a contract records a change relative to when it hands execution to another contract. What to check: Ethereum’s hard fork was a separate governance response. The technical exploit explains how funds moved; the fork explains how part of the community chose to respond. Source: sec.gov/litigation/investrep… Technical incident notice: blog.ethereum.org/2016/06/17… Independent education by First Nest. #NEST #FirstNest #BlockchainCaseFiles #Ethereum #SmartContracts #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Inside First Nest — Ep.17 | Registration and distribution are separate The First Nest airdrop page separates registration for review from the history of completed distributions. Registration is free and does not guarantee selection or payment. Use the dated public records to check completed batches. Source checked November 10, 2026: firstnest.org/airdrop.html Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Which page section shows completed distributions? #NEST #FirstNest #CommunityAirdrop #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Wallet Practice — Ep.19 | A missing status can have limited scope Solana’s signature status lookup checks a recent cache by default. An older signature may need a history search. If one lookup returns no result, check the signature and lookup scope before drawing a conclusion. Source checked November 10, 2026: solana.com/docs/rpc/http/get… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Did the lookup include transaction history? #NEST #FirstNest #WalletSafety #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Scam & Hype Check — Ep.20 | Guaranteed crypto returns are a warning sign The FTC warns about pitches that promise guaranteed crypto returns. A promise of easy profit is not evidence that an investment works. Check the company independently and do not rely on a screenshot or testimonial supplied by the promoter. Source checked November 10, 2026: consumer.ftc.gov/articles/wh… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… What evidence would you check independently? #NEST #FirstNest #ScamAwareness #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Project Transparency — Ep.22 | Name the unit behind a count The First Nest November 6 record reports recipient addresses. One person can use more than one address, so address counts cannot establish how many distinct people participated. A clear report names the unit next to the figure. Source checked November 10, 2026: firstnest.org/airdrop.html#a… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Does the report count addresses, people, or transactions? #NEST #FirstNest #Transparency #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Children’s Savings Around the World — Ep.22 | Check rules before closing an RESP Canada’s official guide explains that closing an RESP can affect contributions, investment earnings, and government benefits differently. Ask your provider what happens to each part of the account before closing it. This is general education for caregivers. Source checked November 10, 2026: canada.ca/en/services/benefi… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Which parts of the balance would you ask the provider to explain? #NEST #FirstNest #EducationSavings #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Saving for Tomorrow — Ep.22 | Plan how to rebuild an emergency fund An emergency fund is there to help cover unplanned expenses. After using it, review what changed, set a manageable contribution, and adjust as income or expenses change. Rebuilding can start with small amounts. Source checked November 10, 2026: consumerfinance.gov/an-essen… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… What would be a manageable first step after using your fund? #NEST #FirstNest #Savings #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Blockchain Basics — Ep.22 | Read the message behind the signature A Solana transaction includes signatures and a message. The message specifies accounts and instructions. A signature authorizes that message, so reviewing the proposed instructions matters more than trusting a button label. Source checked November 10, 2026: solana.com/docs/core/transac… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Which part tells you what the transaction will attempt? #NEST #FirstNest #Blockchain #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Solana from Zero — Ep.18 | Revoking a delegate clears its allowance Solana’s Revoke instruction clears the current delegate and resets its allowance to zero. That removes the delegate’s ability to transfer or burn tokens from that account in the future. It does not reverse transfers that already happened. Source checked November 10, 2026: solana.com/docs/tokens/basic… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… What changes after a revoke, and what stays in the transaction history? #NEST #FirstNest #Solana #HRjN9N1VsV8z2kJ4cECcFTWxUuV9paoPBhjRadtg46MX

Inside First Nest — Ep.16 | Where to find the transaction receipts First Nest’s public airdrop history links completed batches to their on-chain transactions. Open the dated entry, then compare its summary with the transaction links. You can read those records without connecting a wallet or signing. Source checked November 9, 2026: firstnest.org/airdrop.html#a… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Would you start with the dated batch or an individual receipt?

Wallet Practice — Ep.18 | A simulation does not broadcast Solana’s simulation RPC can preview how a transaction would execute against the chain state available to the node, without broadcasting it. A successful preview does not prove a transfer happened. Look for the submitted transaction’s result and confirmation status separately. Source checked November 9, 2026: solana.com/docs/rpc/http/sim… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… Which record would you look for after a successful simulation?

Scam & Hype Check — Ep.19 | A withdrawal fee can be a trap The FTC describes fake investment sites that show apparent profits but block withdrawals or demand high fees. A dashboard balance does not prove funds can be withdrawn. Pause before sending more money and verify the company independently. Source checked November 9, 2026: consumer.ftc.gov/articles/wh… Independent First Nest education. No government or Trump affiliation. No guaranteed returns. Resources: firstnest.org | [email protected] YouTube: youtube.com/@FirstNestSol202… What would you check if a platform demanded money to release a withdrawal?