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FTX In A Nutshell


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2022 Nov 14, 6:25am   35,218 views  235 comments

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https://doomberg.substack.com/p/poof-of-work




Some questions: will US taxpayers money or Fed fraud money be used to bail these idiots out? Why were regulated entities like pension funds and insurance companies 'investing' in this crap in the fist place?

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7   Ceffer   2022 Nov 14, 8:35am  

The Woo pundits say that mass casualty threats have kept the Biden Actors in the sham administration going. Several nuclear weapons went 'missing' during Clinton and Bush years, probably donations by those Presidents to the Globalist One World cause to induce extortion. It appears to be enough of a real threat for the blackmails to work, at least in the short run.
8   Ceffer   2022 Nov 14, 8:43am  

AND watch this next conspicuous crime of sedition and treason dissolve in a Justice Department slow, slow walk, or maybe, no walk at all since they don't do shit about shit except political opponents.
9   RWSGFY   2022 Nov 14, 8:45am  

YOU ARE BITTER BECAUSE YOU'VE MISSED THE BOAT!!!
10   RWSGFY   2022 Nov 14, 8:48am  

Ceffer says

AND watch this next conspicuous crime of sedition and treason dissolve in a Justice Department slow, slow walk, or maybe, no walk at all since they don't do shit about shit except political opponents.




Oh my, after Nazis (with no proof), bioWEAPONS labs (with no proof) we now have "they've spent all the money on bitcoin" with no proof. This is starting to look like a pattern. A pattern of stupidity that is.
11   Ceffer   2022 Nov 14, 9:21am  

LOL! However, I would still hold out the possibility that this is the usual engineered Illuminati 'crisis' that they will promise to manage with CBDC 'regulated' crypto. Regulated by whom, Klaus, the Fed, Rothschilds and Rockefellers? FTX is a shell that was used and ran its course. May as well use it as a publicity stunt for the next con.
https://t.me/greatreject/44794
13   Ceffer   2022 Nov 14, 9:47am  

Of course, FTX Fried admitting that "FTX CEO Sam Bankman-Fried Admits FTX Was a Crypto Laudromat for Ukrainian Government
" isn't proof, is it? In the land of the blind, the one eyed man is king.
https://t.me/greatreject/44797
14   zzyzzx   2022 Nov 14, 11:31am  

WookieMan says

And why does this come out AFTER the election?


Same reason why all the layoff notices mostly came out after the election.
15   EBGuy   2022 Nov 14, 1:48pm  

I blame he who should not be named...
Harry Potter fan ex-girlfriend, 28, of FTX founder Sam Bankman-Fried bragged she only needed 'elementary school math' to be CEO of his start up - despite being propped up by funds from his failed sister crypto exchange
Mathematics graduate Caroline Ellison was the CEO of Alameda, which was backed by the collapsed cryptocurrency exchange FTX – being installed as the top boss after less than a year with the company, and just 18 months experience before that as a trader.
Alameda was allegedly transferred $10billion of FTX customer money in secret by founder and CEO Bankman-Fried. The Manhattan US attorney’s office is believed to be examining those reports.
Ellison gloated that she didn’t even need her mathematics degree to head up Bankman-Fried’s start-up.
The 28-year-old said she was ‘kind of thrown into’ making decisions at Alameda, which is known for its aggressive strategies in the crypto market and experienced heavy losses earlier this year.
She had only 18 months of trading experience when she moved to the company – and she was there less than a year before being moved into the top job.
16   EBGuy   2022 Nov 14, 1:56pm  

And Larry David truly is the GOAT...
Don't Miss Out on Crypto: Larry David FTX Commercial (warning: utube)

Good summary from NYTimes:
In the commercial, which was broadcast near the end of the first half of Sunday’s game, the famously crotchety actor plays his skepticism for laughs by mocking humanity’s great innovations. The wheel, he declares, is “a miss.” He informs Thomas Edison that the light bulb “stinks.” And in the scene that was supposedly responsible for Mr. David going hoarse, he tries to tear up the Declaration of Independence while hollering at the founding fathers about the ridiculousness of democracy.
The commercial closes with Mr. David rejecting FTX, and then a warning: “Don’t be like Larry. Don’t miss out on the next big thing.”
17   AmericanKulak   2022 Nov 14, 2:42pm  

EBGuy says

Mathematics graduate Caroline Ellison was the CEO of Alameda, which was backed by the collapsed cryptocurrency exchange FTX – being installed as the top boss after less than a year with the company, and just 18 months experience before that as a trader.

Hey @CisTits... here's one you can hold the nudes for.
18   EBGuy   2022 Nov 14, 3:01pm  

FTX logo being removed from Memorial Stadium at UC Berkeley...


Epic rant from over a year ago by CS prof Nicholas Weaver
The just-announced Memorial Stadium naming rights deal — in which the United States branch of FTX Cryptocurrency Derivatives Exchange, or FTX, is supposed to pay a total of $17.5 million over 10 years for the naming rights to Memorial Stadium — represents UC Berkeley possibly setting its reputation on fire for a meager gain. The campus should either overrule the athletic department’s deal or, if that is not possible, reduce its contribution to the athletic department over the next 10 years by an equal amount. At least then a meager benefit comes back to campus in return for what is likely to be a substantial amount of reputational damage done to it by its decision to embrace both FTX in particular and cryptocurrency in general.
19   stereotomy   2022 Nov 14, 3:27pm  

EBGuy says

FTX logo being removed from Memorial Stadium at UC Berkeley...



Epic rant from over a year ago by CS prof Nicholas Weaver
The just-announced Memorial Stadium naming rights deal — in which the United States branch of FTX Cryptocurrency Derivatives Exchange, or FTX, is supposed to pay a total of $17.5 million over 10 years for the naming rights to Memorial Stadium — represents UC Berkeley possibly setting its reputation on fire for a meager gain. The campus should either overrule the athletic department’s deal o...

Does anyone need any more proof of endemic corruption in almost all levels of society (except those who refuse to be bought)?
20   Ceffer   2022 Nov 14, 3:51pm  

cisTits says

Already decided that when I saw how butt fugly that bitch of his is.

She looks like Portland coughed up a hairball.
21   NuttBoxer   2022 Nov 14, 6:13pm  

That's the least of what he had to cope to.
23   Patrick   2022 Nov 14, 10:52pm  

cisTits says

https://slaynews.com/news/ftx-ceo-admits-laundering-money-ukraine-government/





I hate to admit that if you think that Jews in various countries are cooperating on nefarious schemes to influence world politics, well, this does seem to be an example of that.
25   zzyzzx   2022 Nov 15, 12:09pm  

Patrick says

I hate to admit that if you think that Jews in various countries are cooperating on nefarious schemes to influence world politics, well, this does seem to be an example of that.


Looks like Hitler was right, again!
26   Patrick   2022 Nov 15, 12:24pm  

I didn't say that was the normal situation, but in this case, it looks pretty bad.
27   Patrick   2022 Nov 15, 12:26pm  

https://slaynews.com/news/wef-cover-up-links-ftx-ukraine-money-laundering-exposed/


WEF Tries to Cover-Up Links to FTX as Ukraine Money Laundering Exposed

The World Economic Forum and its powerful allies are trying to cover up their links to FTX as the recently-imploded cryptocurrency exchange’s money laundering operation in Ukraine has been exposed.

As Slay News has been reporting, details have been emerging that FTX has been at the center of a money laundering effort in Ukraine that has benefitted U.S. Democrats and powerful global elites.

FTX co-founder and CEO Sam Bankman-Fried has admitted that his crypto company severed as the Ukrainian government laundromat.

After Democratic Party politicians, including President Joe Biden, pushed for billions of dollars in taxpayer money to be sent to Ukraine, the funds were laundered through FTX and funneled back into the 2022 midterm elections campaigns of Democrat candidates and the pockets of powerful elites.

Bankman-Fried is on record pumping $40 million into Democrat campaigns this election cycle, making the FTX CEO the Democratic Party’s second-largest donor after radical billionaire George Soros.
28   HeadSet   2022 Nov 15, 12:29pm  

Nothing in today's newspaper about FTX. Not on the front age, not in the national news section, not in the finance/business section.
29   HeadSet   2022 Nov 15, 12:41pm  

cisTits says

https://www.cnbc.com/2022/11/15/ftx-says-could-have-over-1-million-creditors-in-new-bankruptcy-filing.html

Not one mention of Ukraine or money laundering in that CNBC article. From reading that article, one would think FTX was just another mismanaged company filing bankruptcy, and the SEC is investigating.
33   mell   2022 Nov 15, 3:23pm  

HeadSet says

cisTits says


https://www.cnbc.com/2022/11/15/ftx-says-could-have-over-1-million-creditors-in-new-bankruptcy-filing.html

Not one mention of Ukraine or money laundering in that CNBC article. From reading that article, one would think FTX was just another mismanaged company filing bankruptcy, and the SEC is investigating.

The fact that the xiden administration and many demonrats directly benefited from criminal money empowers the red states to declare anything this administration does from now on as null and void, neither chamber would have authority, even election results do not need to be certified / accepted until this is investigated as it's illegal for a foreign entity (Ukraine) to donate to the demonrat super-pack or candidate and thus influencing a presidential or any other election. Do I expect any serious action by the rethuglicans? No. But they could, the law would be on their side.
34   EBGuy   2022 Nov 15, 3:52pm  

HeadSet says

Not one mention of Ukraine or money laundering in that CNBC article.


I have yet to see any evidence of this. What is clear is that SBF was churning out FTT tokens like nobodies business. Obviously some of this "value creation" out of his black box found its way to the Democratic party.

35   Patrick   2022 Nov 15, 9:48pm  

https://freebeacon.com/democrats/bankman-fried-democratic-donor-scandal/


Sam Bankman-Fried Is Not Alone: Some of History’s Greatest Monsters Were Democratic Megadonors
Disgraced crypto guru continues a storied tradition






37   HeadSet   2022 Nov 16, 8:35am  

Today's newspaper finally mentioned FTX bankruptcy. No mention of Ukraine. Is there a reliable source that shows Ukraine invested in FTX?
39   Patrick   2022 Nov 16, 10:49am  

HeadSet says

Today's newspaper finally mentioned FTX bankruptcy. No mention of Ukraine. Is there a reliable source that shows Ukraine invested in FTX?


i believe that Sam Bankman-Fried outright said in a video interview that Ukraine was investing some of the money the US sent to it into FTX.
41   EBGuy   2022 Nov 16, 1:43pm  

Patrick says

i believe that Sam Bankman-Fried outright said in a video interview that Ukraine was investing some of the money the US sent to it into FTX.


The slaynews video links say no such thing. Haven't seen any other sources. FTX was used for humanitarian aid and SBF said (from the slaynews CNN Twitter vid) : "we do have a relationship with the ukrainian government for raising capital for them using cryptocurrencies that run through FTX".
That said, one does wonder if any high level gov't officials stored their Swiss mattress money in FTX (poof!).
42   Ceffer   2022 Nov 16, 2:40pm  

I'm waiting for the list of burned investors and celebrities, with the usual wailing and gnashing of teeth. "I'm down my last 50 million because of this creep! Pity me in my deceived magnificence!"
43   Patrick   2022 Nov 16, 8:19pm  

https://dossier.substack.com/p/sam-bankman-fraud-evidence-points


The world has entertained endless intrigue over the spectacular collapse of Sam Bankman-Fried’s crypto house of cards. It’s hard to blame anyone for donning their tin foil hat in times like these, but sometimes, it’s better to entertain the possibility that the simplest, most direct explanation makes the most sense. And the available public evidence tells us a story of a man who was running a by the book Ponzi operation from the very beginning. ...

Bankman-Fried was the second biggest Democrat donor behind George Soros. He was working on policy in partnership with the top echelons of government and regulatory bodies. He bought off large chunks of the media. He appeared to be engaging in sketchy fundraising activity for the notoriously corrupt Ukrainian government. He facilitated partnerships with A-listers in Hollywood and the sports world. When he wasn't posted up at his bizarre Bahamas commune, Bankman-Fried was hanging out with some of the most powerful people in the world.



... In all likelihood, Sam Bankman-Fried’s crypto Ponzi was off to the races when he received the $50 million loan to execute his arbitrage trades, which according to insiders, amounted to nothing in the end.

Over the past few years, SBF has levered up the Ponzi to higher and higher levels. As we’ve reported in The Dossier, SBF and his colleagues spent the days before the collapse of FTX attempting to de-risk the Ponzi through lobbying efforts. They sought to win the day by achieving a government-sanctioned monopoly of their fraud scheme. ...

This is where supporting the Current Thing, partnering with A-listers, and schmoozing with powerful people in government and private industry comes in. SBF needed to continue financing the Ponzi by manipulating the media and the general public. He almost accomplished that feat, but the clock ran out before he could execute that final regulatory trade.
45   Patrick   2022 Nov 16, 8:55pm  

https://slaynews.com/news/full-list-democrats-ftx-ceo-pumped-cash/


One of the biggest scandals emerging from last week’s implosion of cryptocurrency company FTX is how much cash the CEO was pumping into the coffers of U.S. Democrats.

As Slay News has been reporting, FTX has been exposed for being at the center of a money laundering effort in Ukraine.

FTX co-founder and CEO Sam Bankman-Fried has admitted that his crypto company served as the Ukrainian government’s laundromat that has benefitted U.S. Democrats and powerful global elites.

After Democratic Party politicians, including President Joe Biden, pushed for billions of dollars in taxpayer money to be sent to Ukraine, the funds were laundered through FTX and funneled back into the 2022 midterm elections campaigns of Democrat candidates and the pockets of powerful elites.

Bankman-Fried is on record pumping $40 million into Democrat campaigns this election cycle.

The staggering donations make the FTX CEO the Democratic Party’s second-largest donor after radical billionaire George Soros. ...

The following is a list of Democrats, all of whom won re-election, that Bankman-Fried directly pumped cash to:

Rep. Lucy McBath (D-GA)
Rep. Shontel Brown (D-OH)
Rep. Robert Garcia (D-NC)
Rep. Valerie Foushee (D-NC)
Rep. Jesus “Chuy” Garcia (D-IL)
The donations didn’t end there, however, as Bankman-Fried plowed millions into groups that funneled money to Democrat campaigns. ...

The 30-year-old donated $27 million to Protect Our Future PAC, a left-leaning group that, in turn, spent heavily on behalf of Democrat candidates for the House of Representatives.

A contribution of over $10 million from Protect Our Future PAC, on behalf of Bankman-Fried, benefited Carrick Flynn, who lost his Democratic Party primary in Oregon.

Bankman-Fried also contributed $1 million to the Senate Majority PAC, which supports Democratic candidates for the Senate.

He also pumped $6 million into the House Majority PAC.
46   Patrick   2022 Nov 16, 9:31pm  

https://drpanda.substack.com/p/bankrupt-cryptocurrency-exchange


Bankrupt Cryptocurrency Exchange Funded Fake Ivermectin Studies
FTX funded studies (using depositors' assets) falsely claiming hydroxychloroquine, ivermectin weren't effective Covid treatments.

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