Bankman-Fried crypto-Ponzi FTX - Democrats

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Bankman-Fried crypto-Ponzi FTX - Democrats

Post by Firestarter »

While Sam Bankman-Fried promised that he would donate all of his money to charity, in reality he was promoting his crypto Ponzi scheme by buying some of the biggest sport stars. He was also wheeling and dealing with the Ukraine.

And very interesting Sam Bankman-Fried was the second or third largest funder of the Democrat midterm election (after Soros and/or Bloomberg). You could say that his crypto scheme rigged the midterm elections.
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30-year-old Jewish former crypto billionaire Sam Bankman-Fried, founder of the FTX exchange and trading firm Alameda Research donated $39 million in total to the Democrat party, of which $6 million to the House Majority PAC: https://www.forbes.com/sites/mattdurot/ ... entatives/


Here's a video on how FTX went bankrupt.
Last edited by Firestarter on Tue Nov 15, 2022 6:24 pm, edited 1 time in total.
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

Post by garrettabc »

When Jeff Berwick was talking extensively about this guy, I kept thinking to myself “I bet he’s Jewish”. Not hard to guess with a name like “Bankman” and his Jew-fro.
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

Post by Firestarter »

There are stories on hundreds of millions or even billions of dollars ($662 million to $6 billion) mysteriously disappearing from FTX in the last days before or even after FTX filed for bankruptcy on Friday.
This includes stories on a backdoor or hack that made this possible.

There are also multiple stories on billions of dollars being transferred from FTX to Bankman-Fried's trading company, Alameda Research: https://www.zerohedge.com/crypto/ftx-in ... ntial-hack
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

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I hate it to go through a long thread on Twitter that's unreadable by design, but it sure has interesting information.

On 25 April 2019, Biden announces his presidential campaign.
13 days later, Sam Bankman-Fried, launches the FTX crypto exchange that magically becomes an overnight success.
Sam Bankman-Fried becomes the biggest donor to Biden.

Sam Bankman-Fried's mother is Stanford Professor Barbara Fried, co-founder of Democrat fundraising organisation Mind-the-Gap.

Bankman-Fried's father is Stanford professor Joseph Bankman, who was involved with FTX and lobbied for Hedge Fund managers before Congress.

Bankman-Fried's aunt Linda Fried is a WEF member (Global Agenda Council on Aging).

Bankman-Fried's brother Gabe Bankman-Fried, founded “Guarding Against Pandemics”.
Gabe was a legislative correspondent for the US House of Representatives and advisor to large Democrat party donors.

-----

FTX' Head of Ventures & Commercial at FTX Ventures Amy Wu, once started her career with the Clinton Foundation.

FTX head of Policy & Regulation Mark Wetjen, was Obama's Commodity Futures Trading Commissioner.

Senior FTX Counsel Trevor Levine previously worked for the DoJ.

Sam Bankman-Fried's replacement FTX CEO is John J. Ray III, who was once the Chairman of Enron.

And not very surprising, the inevitable Trump link...
Two months ago, FTX bought 30% of the SkyBridge of Anthony Scaramucci, Trump's White House Director of Communications: https://archive.ph/VBY7
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

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Once again showing that Democrook-Republicons are really one party...

While Bankman-Fried donated to the Democrats, the Co-CEO of FTX Digital Markets, Ryan Salame, dumped $23 million into the campaign coffers of Republicans and the Super PAC, American Dream Federal Action: https://wallstreetonparade.com/2022/11/ ... orsements/
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

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The alternative BS media are pointing out that Sam Bankman-Fried donated millions to the Democrats, carefully forgetting that the Republicans also got millions in donations...

See an example of an official record of the Senate leadership fund aligned with Mitch McConnell receiving $2.85 million in total until 16 August 2022, from FTX's Ryan Salame...
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

Post by Firestarter »

There are lots of poor stories on the FTX bankruptcy, and lots of dumb videos, but the following is actually quite good.
FTX collected some $16 billion of customer money; where did the money go?

The majority of FTX's "assets" (on its balance sheet), $19.6 billion before last week’s crash of which some $14.4 billion in more-or-less FTX-associated tokens (FTT, SRM, SOL, MAPS), were basically invented out of thin air by FTX and co.
The remaining about $5.2 billion of assets, against $8.9 billion of customer liabilities, was in more-or-less "normal" financial stuff; only about $1 billion was in liquid cash, stock and cryptocurrencies.

Obviously these $14.4 billion in FTX-associated tokens weren't worth anywhere near that amount and were almost created out of thin air (so cost very little to create). So where did the remaining $11 billion of customer money go (they had $5.2 billion in "real" assets)?
Take for example FTX's biggest asset on its balance sheet, $2.2 billion worth of a cryptocurrency called Serum. With Serum’s market value $88 million, it's obvious that FTX’s holdings weren't worth anywhere near its listed value.

On a spreadsheet with FTX international’s assets and liabilities, is a “hidden, poorly internally labelled ‘fiat@’ account”, with a balance of negative $8 billion. The spreadsheet also lists $5 billion of withdrawals on 6 November, 4 days before the bankruptcy.
That looks bad in more than one way. It is potentially possible to siphon off a round $8 billion to your affiliated Alameda firm. But how in hell do you get a round $5 billion in customer withdrawals?!?

The Bloomberg author also amuses us with some other current financial shenigans...
Elon Musk lent about $13 billion for his $44 billion Twitter deal. The banks have tried to syndicate this $13 billion to investors, who are only willing to take a piece for 60 cents on the dollar.
This would make the $44 billion Twitter worth $26.4 billion.

If a big investor would get a majority share in all oil companies, he could order the companies to drill less oil, so that prices go up, and profits would remain the same for less oil.
Now we get the green technocratic ESG agenda, where the big investment funds, that have a major stake in all the companies (including oil), order the companies to drill for less oil, to reduce global carbon emissions.
Of course as a great "side effect", a lower supply will make prices inflate, and profits would remain the same for less oil: https://archive.ph/o430Z
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

Post by Boadicea »

!2 Year Old 'Cut-Outs' Puppeted by Seqoia

Seriously Telling me that the Same Clandestine Operatives that Handle Google, Cisco Weapons, YToobe, Linked-In etc, left These Two 12 Year Old Muppets alone, to Play with the Scrooge McDuck Billions???
This Stinks of an Orchestrated Planned Demolition.

Don Valentine was Just a Saleseman at Raytheon, FFS, with No Tech Knowledge.
But the Gift of the Gab Applied Linguistics.

'Made' Steve Jobs after Plucking him from under an Atari Rock, (Yet Another 'Drop-Out' like Cult-Connected Ba'al Gates)

Valentine ended up with Apple, Atari, C-Cube, Cisco Systems, Air BNB, Electronic Arts, Linear Technology, LSI Logic, Microchip Technology, Instagram, What's App, NetApp, Oracle, PMC-Sierra in the Corral. 👀

The Ka-Ba'al Needed those All Important Semi-Conductors and Chip Sets to Pull Off this Consciousness Heist!

Now Succsessor, Douglas Leone Scurries Off, Punting the Ball to Roleof Botha...
After Bankruptcy Achieved...🐀🐀🐀


FTX founder Sam Bankman-Fried stepped down as the firm's CEO last Friday as the company filed for Chapter 11 bankruptcy protection.
FTX, once valued at $32 billion, collapsed in a matter of days amid a liquidity crunch and allegations that it was misusing customer funds.
The Securities and Exchange Commission and the Department of Justice are reportedly investigating what happened.

"What you see at the end of the quarter is a due diligence statement [which] doesn't reflect what someone may have done in the middle before,"
Leone told an audience of entrepreneurs and investors in Helsinki.

"We've looked at it," he said, adding:"There's nothing much we could have done any differently.

OH...You Looked at it? That's Alright then!
Nah...Nothing we knew About OR Could Have Done Differently, BECAUSE THAT was It's Purpose!

Just Left Fried Bankster-Man and Sweet Caroline Cabbage Patch Baby with her Elementary School Level Skills of Mathematics, to Play Computer Games, Whilst Under the Constant Influence of 'Off Label' Amphetamine Concoctions of Pharma Drugs, that they Distributed to Eager Clients, have Polyamourous Orgies and Laundering Ferreted Funds through Ukraine.

Nah...Nothing to See here Folks...Just Two More Useless Useful Idiots getting Thrown Under the Behemoth Bus...
All the While Furthering the Agenda
🤪
We Are More Than We Realise...🐙🪓💥👿
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

Post by Firestarter »

Firestarter wrote: Wed Nov 16, 2022 6:42 amI hate it to go through a long thread on Twitter that's unreadable by design, but it sure has interesting information.
I linked to the wrong archive (archive.ph/VBY7); here's the correct archived twitter link...
https://archive.ph/VBY7O

.
Boadicea wrote: Sat Nov 19, 2022 7:51 pmJust Left Fried Bankster-Man and Sweet Caroling Cabbage Patch Baby with her Elementary School Level Skills of Mathematics, to Play Computer Games, Whilst Under the Constant Influence of 'Off Label' Amphetamine Concoctions of Pharma Drugs, that they Distributed to Eager Clients, have Polyamourous Orgies and Laundering Ferreted Funds through Ukraine.
I forgot some very interesting information related to Bankman-Fried's CEO lover...

Alameda CEO Caroline Ellison's Dad, Glenn Ellison is the Department Head of Economics at MIT.
Prior to becoming chair of the US Securities and Exchange Commission, Gary Gensler was a Professor for the Practice of Global Economics & Management at MIT, working under Glenn Ellison...
.
Firestarter wrote: Wed Nov 16, 2022 6:42 amFTX head of Policy & Regulation Mark Wetjen, was Obama's Commodity Futures Trading Commissioner.
Mark Wetjen became CFTC Commissioner where he worked for chairman Gary Gensler.
Ryne Miller was CFTC attorney for Gary Gensler, now General Counsel for FTX.

On 23 March 2022, Amanda Fischer (FTX Senior Couselor, and later Chief of Staff) sent an email to discuss “conditional no action relief”, with Mark Wetjen, Ryne Miller and Gary Gensler.
In other words they discussed continuing the fraud, on the understanding that they wouldn't go to jail!
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Re: Bankman-Fried crypto-Ponzi FTX - Democrats

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Sam and his brother Gabe Bankman-Fried have been heavily funding the plandemic, spending "at least $70 million since October 2021 on research projects, campaign donations and other initiatives intended to improve biosecurity and prevent the next pandemic”.
Gabe even hastily founded the "non-profit" Guarding Against Pandemics that lobbies government to invest in "pandemic prevention plans”.

FTX funded a study that was trumpeted by the New York Times that showed no benefit to the use of (cheap) Ivermectin.

The FTX Future Fund invested $10 million in biotech start-up HelixNano, that develops a "next-generation coronavirus vaccine": https://dailysceptic.org/2022/11/19/the ... lockdowns/
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