patrick.net

Satanic inversions galore. Always lead with a nominally virtue signaling, altruistic grabber when you are planning to rob, pillage, steal, violate laws, destroy rights, or commit an audacious crime for profit.

Of course, this has Intel agency finger prints all over it.

"Winthrop, can we engage the spawns of a few dynastics to front our money laundering scheme? We'll garnish it with all that fake professorial shit and legerdemain. Thanks so much, talk soon. See you at Skull and Bones." "Oh, yes, it includes a 'get out of jail free' card for them. We wouldn't want our precious to go the way of the standard useful idiots."

https://slaynews.com/news/ftx-ceo-donated-300k-members-committee-investigating-him/

FTX CEO Donated $300K to Members of Committee Investigating Him

The CEO of FTX reportedly donated $300,000 to Democrat members of the U.S. House committee that is investigating his recently collapsed fraudulent cryptocurrency exchange.

CEO and co-founder Sam Bankman-Fried has been accused of running a money laundering operation that used cryptocurrency to funnel taxpayer funds into the campaigns and pockets of Democrats.

As Slay News reported, Bankman-Fried admitted that FTX was used as a laundromat for the Ukraine government.

Meanwhile, the company was pumping “clean” money back to Democrats, with Bankman-Fried himself being on record as the Democratic Party’s second-largest donor after George Soros. ...

However, as Slay News reported, FTX is being investigated by House Financial Services Committee which is chaired by Bankman-Fried-linked Democrat Rep. Maxine Waters (D-CA).

Waters announced Friday that her Committee will hold hearings on FTX in December, just before Republicans take control of the House.

Major concerns are now being raised about the legitimacy of the investigation due to much of the scandal pointing to Democrats.

Waters herself also has a close relationship with Bankman-Fried.

In December 2021, Bankman-Fried and five other cryptocurrency exchange executives testified before Waters’ House Financial Services Committee.

At the end of the hearing, a video shows Waters blowing a kiss to As Bankman-Fried as he was leaving the room.

This does not seem like Enron as far as fake valuations and shell companies. It sounds like the accounting was fraudulent to cover up embezzlement.

I think FTX was a straight-up Ponzi scheme, protected by donations to Democrats.

Patrick says

I think FTX was a straight-up Ponzi scheme, protected by donations to Democrats.

This is like Madoff's scheme. But I did read that a review or audit uncovered recently a $1 billion transfer or loan to its CEO Bankman-Fried.

Madoff though didn't give protection money to the Democrats.

.

.

ad says

Madoff though didn't give protection money to the Democrats.

Sure about that? Remember, Madoff only got caught when the Ponzi collapsed, just like what is happening now to FTX.

Patrick says

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.

In other words FTX is a Globalist tool that funded the 'TOGETHER Trial' to discredit Ivermectin. The study was published in the New England Journal of Medicine (NEJM) and declared Ivermectin to be ineffective.

Except Ivermectin wipes out Covid in zero flat and thus far we have 187 medical studies (138 peer reviewed, 93 comparing treatment and control groups) proving this very fact.

Right now Ivermectin is available over the counter in Tennessee. See also worldwide:




Question: "Did FTX steal crypto investors’ money to fund corrupt studies like the TOGETHER Trial?"

Answer: Yes!

More here: https://nexusnewsfeed.com/article/geopolitics/deep-state-money-supply-ftx-the-collapsed-crypto-exchange-funded-the-together-trial-to-discredit-ivermectin/

The_Deplorable

FTX funded the post-Greenwald Globalist Intercept

https://twitter.com/BobBish40288847/status/1591835076505264129

Bob Bishop
@BobBish40288847
Replying to
@bennyjohnson
Sam Bankman-Fried admits that FTX is a crypto laundromat for the Ukrainian government.

We see the Intel agency Ponzi laundering and ripoff scam run directly with cooperation of the SEC. Regulatory capture wiping its ass with the law, foxes in the henhouse.
Neocons are milking and bilking the taxpayers to support criminal enterprises in Ukraine and their puppet politicians in USA.

https://www.washingtonpost.com/health/2022/11/16/sam-bankman-fried-ftx-pandemic-prevention/

Before FTX collapse, founder poured millions into pandemic prevention

By which they mean forced vaxxing with penalties of firing, expulsion, and blocking travel for refusal.

https://boriquagato.substack.com/p/sbf-wef-and-the-mile-of-red-yarn

SBF, WEF, and the mile of red yarn
every time you think you've seen the bottom of the FTX rabbithole, the bottom drops out again

so, sam bankman fried, who funded (among god knows what else) several “public health” studies smearing ivermectin and promoting “biosafety” and “pandemic preparedness” despite having literally zero grounding or seeming prior interest in the field

https://brownstone.org/articles/covid-crypto-connection-ftx-and-sbf/

https://www.reuters.com/technology/crypto-lender-genesis-says-no-plans-file-bankruptcy-imminently-2022-11-21/

FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys say

An attorney also said the firm had been run as a "personal fiefdom" of Bankman-Fried with $300 million spent on real estate such as homes and vacation properties for senior staff. FTX, led since the bankruptcy filing by new CEO John Ray, has accused Bankman-Fried of working with Bahamian regulators to "undermine" the U.S. bankruptcy case and shift assets overseas. ...

Reuters earlier reported that Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

The CEO gave free money to the Democrats.

Does anyone think for a moment that there will be charges that stick filed?

Misc says

The CEO gave free money to the Democrats.

Does anyone think for a moment that there will be charges that stick filed?

Unless he stole money from rich Jewish people, like Bernie Madoff did, nothing is going to happen to him.

FTX Is Allowed to Hide the Identity of Its 50 Biggest Creditors

https://www.cointime.com/flash-news/ftx-is-allowed-to-hide-the-identity-of-its-50-biggest-creditors-24015

https://kunstler.com/clusterfuck-nation/the-solemn-stillness-before-winter/

In the dramatic demise of FTX, the self-styled crypto-currency-exchange, all the nefarious connections between the great ills of our time stand out starkly in a sudden, glaring light, namely: the dubious Covid-19 pandemic and all the punitive measures cooked up by officialdom, with help from FTX’s money, to supposedly combat the virus, especially the deadly mRNA “vaccines” still being pushed on a credulous public; the sinister operations of so-called hedge funds and their role in magically levitating the financial markets of an economy foundering on necrotizing malinvestments and debt that can never be paid; and the Satanic endeavors of a political faction, the Democratic Party of Chaos, in subverting every institution from sea to shining sea from schools, to courts, to elections while shoving the US into a land war in Europe.

A few weeks after the FTX breakdown, and the extrinsic cascading failures around the crypto-currency netherworld, spreading wildly through pension funds, banks, and insurance companies, the great stillness of November also blankets the regulatory apparatus supposedly guarding the public from financial fraud — most conspicuously the head of the Securities and Exchange Commission, Gary Gensler, a Dutch uncle in the Bankman-Fried extended clan. ...

This shakeout will all occur against the background of the now-unraveled Covid-19 story. By early 2023 the evidence of excess all-causes deaths and disabilities resulting from Pfizer and Moderna shots will be overwhelming and the nation will know it got played by a scheme between the corrupt public health authorities, the pharma companies, and the corporate medical establishment, including its discredited journals. Nobody in America will ever trust a doctor again.

We’ll also probably know a good deal more about the dark and dirty deeds around the 2022 midterm election as the FTX scandal spools out and the probably hundreds of millions of FTX investors’ dollars that were express-delivered into Democratic Party coffers for ballot harvesting operations are revealed, along with the exact methods used to accomplish the mega-fraud.

Anxious Ethereum Stakers Question When They’ll Be Able to Access Funds

https://www.coindesk.com/tech/2022/11/23/anxious-ethereum-stakers-question-when-theyll-be-able-to-access-funds/

https://brownstone.org/articles/covid-crypto-connection-ftx-and-sbf/

Aseries of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”

Very interesting. He had the whole game going: a vegan worried about climate change, supports every manner of justice (racial, social, environmental) except that which is coming for him, and shells out millions to worthy charities associated with the left. He also bought plenty of access and protection in D.C., enough to make his shady company the toast of the town.

As part of the mix, there is this thing called pandemic planning. We should know what that is by now: it means you can’t be in charge of your life because there are bad viruses out there. As bizarre as it seems, and for reasons that are still not entirely clear, favoring lockdowns, masks, and vaccine passports became part of the woke ideological stew.

Interesting commentary by Juan O Savin. To summarize, 1. Bitcoin was a DARPA project, just like Facebook. 2. John McAfee said that whenever he was contracted to create security software, the government came to him and hooliganized him to put back doors in everything for them. He did so, but also used the back doors to seed computers into the government and collect reams of information. McAfee's so called 'dead man's switch' pegs the release of this information to crypto values as they exceed certain thresholds. 3. Crypto exchanges were created by Intels specifically for the purpose of creating Ponzis related to fiat speculative increases in crypto values. 4. Crypto exchanges were built specifically for laundering money and disguising the trail of black bag operations, election fraud etc., boomarang bribes etc. etc. 5. Without fiat speculative increases to disguise the Ponzi schemes, the crypto exchanges collapse, as with FTX leaving the low tide of flipping fish and old tires and fleeced investors behind. 6. The McAfee situation puts the Intels 'between a rock and a hard place' situation where all the McAfee information will be revealed if they Ponzi the speculative value of the crypto exchanges. If they DON't Ponzi the speculative value of the crypto exchanges, the exchanges collapse like FTX with the reveal of their true nature and purpose. FTX is the first collapse but won't be the last.

I guess they didn't blow up an entire condo building in Miami where McAfee owned a condo and claimed he had backups for a reason. They are seriously afraid of whatever it was that McAfee recorded and threatens to reveal.

If you don't think that cryptos were created by baleful Intel agencies with back doors and ripcord to empty your accounts summarily, at this point, if you keep investing, than you may deserve what you get.

https://notthebee.com/article/anyone-wanna-explain-to-me-why-weirdo-bankrupt-cryptocurrency-behemoth-ftx-poured-nearly-12-million-into-this-tiny-little-bank-in-middle-of-nowhere-washington-state

EBGuy says

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

That's pretty serious.

Democrats usually ignore corruption by other Democrats.

https://patrick.net/post/1345018/2022-05-08-selective-justice-thread?start=-1#last

https://slaynews.com/news/biden-admin-unable-account-20-billion-us-aid-sent-ukraine/

Another one bites the dust...
Crypto lender BlockFi was taken down by exposure to FTX and Alameda Research, the latter of which defaulted on $680 million of collateralized loan obligations, according to a bankruptcy filing.

https://legalinsurrection.com/2022/11/why-hasnt-crypto-scammer-and-dem-donor-sam-bankman-fried-been-arrested/

EBGuy says

Another one bites the dust...
Crypto lender BlockFi was taken down by exposure to FTX and Alameda Research, the latter of which defaulted on $680 million of collateralized loan obligations, according to a bankruptcy filing.

I wonder how many more companies file bankruptcy because of bad loans to or dealings with FTX.

.

I'm waiting for the scalded cat yowling of the creditors and burned investors. What about all those celebrity and political advertising public endorsements? Bernie Madoff never had those, he strictly worked the crowd and the celebrity circuit.

https://roundingtheearth.substack.com/p/gut-of-ftx-reviews-are-in-from-zerohedge

https://freebeacon.com/democrats/sam-bankman-fried-analysis/

Sand Hill Road in Palo Alto (supposedly where all the angel capitalist/ venture capitalists nest) should be re-named "DARPA Spook Hill Road". It seems a large part of these entities' job is to find these morally bereft dynastic but politically connected kids, and decide who fits the best profile for fronting their surveillance and fraud store fronts. None of these pups had the organizational skills, raw developed money, intellectual chops (even if they were nominally smart for young people) or maturity at their ages to float these enterprises without being Intel sock puppets. As the punctured mythologies turn out, Facebook always was a billion dollar DARPA project devised for suckering people into self surveillance and handed to ZuckFuck to virtue signal its benign intentions. I guess they thought they could repeat the formula with Bankman et. alia. to keep those money laundering tasks and political bribes afloat using crypto.

"Effective Altruism", is an academy training sociopaths and psychopaths in the finer acting points of public virtue signaling, in order to keep clouds of deluded useful idiots afloat during the scams and to create a kissy face for the public. As can be seen, classic Satanic inversion.

Of course, Bankman publicly mocked the virtue signaling, just as Zuckerberg berated Facebook users as idiots and suckers.

ad says

I wonder how many more companies file bankruptcy because of bad loans to or dealings with FTX.

Enough to cause a 1929 moment?

https://www.wsj.com/livecoverage/stock-market-news-today-11-28-2022/card/ftx-spending-spree-included-offers-to-washington-advocacy-groups-2V3bmXZVna1H5IdC29Ye

Nov 28, 2022 at 3:45 pm ET
FTX Spending Spree Included Offers to Washington Advocacy Groups
By Paul Kiernan
FTX’s full-court press to influence policy makers in Washington included offers of funding for progressive advocacy groups.

In November 2021, FTX founder Sam Bankman-Fried donated $100,000 to the Center for American Progress, a liberal group founded by former Clinton administration chief of staff John Podesta, its spokeswoman said.

Paywall, but at least we see this much for free.

HeadSet says

Enough to cause a 1929 moment?

Nothing can cause that, they will just devalue the dollar and print more money.

I'm beginning to think DARPA with the fading of Facebook is going to turn increasingly to boiler room pump and dump schemes like FTX to perform targeted crimes and conspiracies, which will then be detonated.

Dynastic sock puppets (virtue signaling with the pretense of innocent geniuses, just a bit misguided), is the front for giving them immunity for their participation. Who wouldn't want an all expense paid vacation to the Bahamas for years to drug 'n fuck with abandon with shitloads of money to mess around with.

SBF of course will still wind up wealthy after this as a commission, likely in one of the non extraditable domains waiting for another puppet President to pardon him (or social amnesia). With the SEC chairman a co-conspirator and a corrupt DOJ, he doesn't seem to have a lot to worry about except from his enraged, burned investors.