8
0

Corrupt federal prosecutors preparing to let SFB walk because he was a large Democrat donor


 invite response                
2023 Jun 18, 10:20am   8,438 views  93 comments

by Patrick   ➕follow (60)   💰tip   ignore  

https://www.dailyfetched.com/feds-quietly-drop-charges-against-democrat-donor-sbf-in-multi-billion-dollar-ftx-scam/




Crypto giant FTX went bankrupt last year, losing billions and wrecking the lives of thousands of crypto investors.

In January, Sam Bankman-Fried pleaded not guilty to all eight counts related to the sudden collapse of his crypto Ponzi scheme.

On Tuesday, SBF pleaded not guilty in New York to eight charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda Research.

SBF was indicted on eight counts, including the following charges:

Conspiracy to commit wire fraud and securities fraud
Individual charges of securities fraud and wire fraud
Money laundering
Conspiracy to avoid campaign finance regulations
The FTX attorney testified that the FTX co-founder used a secret backdoor to launder money to Alameda Research, a sister company.

SBF’s ex-girlfriend, Caroline Ellis, admitted she and Sam Bankman-Fried conspired to mislead FTX investors and customers.

However, federal prosecutors announced on Thursday they would drop several charges against SBF.

ABC reported:

The offer to sever five of the 13 charges followed a ruling earlier this week in the Bahamas that allows Bankman-Fried to challenge the additional charges.

A prosecutor said during a hearing Thursday it was uncertain when the Bahamas would decide whether to consent to the new charges, which included bank fraud and an allegation Bankman-Fried bribed the Chinese.

“Severing those counts seems to be appropriate given the developments in the Bahamas this week,” the prosecutor, Nathan Rehn, said.

As Tekedia noted:

“The prosecutors did not provide any explanation for the sudden withdrawal of the charges, which were filed in September 2022.

The charges had accused Bankman-Fried and his associates of operating an unregistered securities exchange, facilitating illegal transactions, and failing to comply with KYC and AML requirements.”

Conservative commentator Ian Miles Cheong had this prediction for SBF:

“SBF is going to walk. Just watch.”

Comments 1 - 40 of 93       Last »     Search these comments

1   RayAmerica   2023 Jun 18, 10:27am  

For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. - Ephesians 6:12
2   RayAmerica   2023 Jun 18, 11:09am  

It’s Not Just the FBI: The IRS goes into ‘Beast Mode’

By Clarice Feldman
We have seen for some time how off-the-rails the FBI has become, a danger to a free society. More and more evidence now shows it’s not just the FBI. Every federal employee with a badge and gun seems to think he’s a law unto himself. This week the spotlight is on the IRS, and the Congress has to step up and rein the agency in.

While Matt Taibbi was testifying before Congress on the administration’s extensive censoring of social media content, the IRS appeared at his door, ostensibly to question him about his taxes, but obviously to intimidate him for showing up government censorship.

Mr. Taibbi has told Mr. Jordan’s committee that an IRS agent showed up at his personal residence in New Jersey on March 9. That happens to be the same day Mr. Taibbi testified before the Select Subcommittee on the Weaponization of the Federal Government about what he learned about Twitter. The taxman left a note instructing Mr. Taibbi to call the IRS four days later. Mr. Taibbi was told in a call with the agent that both his 2018 and 2021 tax returns had been rejected owing to concerns over identity theft.

Mr. Taibbi has provided the committee with documentation showing his 2018 return had been electronically accepted, and he says the IRS never notified him or his accountants of a problem after he filed that 2018 return more than four-and-a-half years ago.

He says the IRS initially rejected his 2021 return, which he later refiled, and it was rejected again -- even though Mr. Taibbi says his accountants refiled it with an IRS-provided pin number. Mr. Taibbi notes that in neither case was the issue “monetary,” and that the IRS owes him a “considerable” sum.

The bigger question is when did the IRS start to dispatch agents for surprise house calls? Typically, when the IRS challenges some part of a tax return, it sends a dunning letter. Or it might seek more information from the taxpayer or tax preparer. If the IRS wants to audit a return, it schedules a meeting at the agent’s office. It doesn’t drop by unannounced.

But that was just the beginning of a series of outrageous actions.

More here: https://www.americanthinker.com/articles/2023/06/its_not_just_the_fbi_the_irs_goes_into_beast_mode.html
3   AD   2023 Jun 18, 11:17am  

RayAmerica says

The bigger question is when did the IRS start to dispatch agents for surprise house calls?


Exactly the IRS sends a letter to initiate the audit. Now the IRS will be sending in SWAT teams to go after political dissidents like the FBI does.
4   Ceffer   2023 Jun 18, 11:20am  

I think they are working on reducing FTX to one misdemeanor charge of 'loitering in the Bahamas'. A few lesbian federal judges promised promotions and FTX is home free.
5   clambo   2023 Jun 18, 3:10pm  

They need to waterboard that asshole and make him squeal on the other guilty.
Assholes should be punished.
6   Ceffer   2023 Jun 18, 3:14pm  

Looks like the CIA already has trained their Sam avatar fake. Not the same lawn ornament dweeb. They need a lead time of at least 3 months for their actors, as we saw with Fetterman, who was a harder case because of the unique Orc look.


7   AD   2023 Jun 18, 8:36pm  

Ceffer says

Looks like the CIA already has trained their Sam avatar fake. Not the same lawn ornament dweeb. They need a lead time of at least 3 months for their actors, as we saw with Fetterman, who was a harder case because of the unique Orc look.


what the fuck ? yeah this is surreal as this guy don't like like the bankman fried that was shown on the news just before his arrest

so where is the real bankman fried ??????

.
8   Ceffer   2023 Jun 19, 1:32am  

ad says


so where is the real bankman fried ??????

Who knows? Under CIA safe house arrest somewhere, since he went blabbermouth Ratso Rizzo for a short time before getting muzzled?.
Maybe he is getting plastic surgery to join Jizzlaine and Jeffery at the defunct spies retirement retreat on the beach compound in Tel Aviv, OR he is slowly dissolving in a barrel of acid. LOL!
I don't think they will kill him yet until he is totally debriefed of all possible informations by his handlers and provides the necessary directorial instructions and scripts for the actor who will play him in his fake staged Federal trial.
10   Onvacation   2023 Jul 9, 7:26pm  

They have to jail him before they can set him free. Do you really think he is locked in his parents basement?
11   Patrick   2023 Jul 25, 9:05am  

I've biked by his parents' house at Stanford several times now. No obvious security there. I bet he's actually free already.
12   Patrick   2023 Jul 25, 9:10am  

https://rudy.substack.com/p/the-road-to-nauru


One memo exchanged between Gabriel Bankman-Fried and an officer of the FTX Foundation describes a plan to purchase the sovereign nation of Nauru in order to construct a “bunker / shelter” that would be used for “some event where 50%-99.99% of people die [to]ensure that most EAs [effective altruists] survive” and to develop “sensible regulation around human genetic enhancement, and build a lab there.” The memo further noted that “probably there are other things it’s useful to do with a sovereign country, too.”


You can read one lawsuit against criminal Democrat donor Bankman-Fried here
13   Patrick   2023 Jul 25, 9:21am  

So many interesting things in that lawsuit:


B. Venture Investments and Acquisitions
Bankman-Fried also squandered FTX Group resources on a variety of speculative
venture-capital investments and corporate acquisitions, with little to no due diligence.
For example, as alleged in detail in Alameda Research Ltd. v. Kives, No. 23-
50411 (Bankr. D. Del. June 22, 2023) [D.I. 1679], an adversary proceeding filed in the Chapter
11 Cases, Bankman-Fried caused the FTX Group to invest $700 million in K5 Global Holdings
Case 22-11068-JTD Doc 1886 Filed 07/20/23 Page 20 of 84
{1368.002-W0071756.} 21
LLC and its affiliates, which were managed by former Hollywood talent agent Michael Kives
and his colleague Bryan Baum, neither of whom had an established track record in asset
management. Kives and Baum each pocketed $125 million of that “investment,” with the
remainder going to a grab-bag of venture investments having no synergy with the FTX Group’s
business—ranging from Musk’s SpaceX and The Boring Company, to a celebrity-backed tequila
business, to a software company run by Baum’s brother. No due diligence was conducted into,
and no financial advisor was retained in connection with, these “investments,” which were made
at materially inflated valuations to the detriment of the FTX Group.
14   Patrick   2023 Jul 25, 9:34am  

Wow, the house where SBF is under supposed "house arrest" is his father's, and his father was part of all the fraud as well, and is using funds from fraud to finance his defense:


Bankman-Fried Misappropriated Debtor Assets to Give $10 Million to His
Father.
On January 24, 2022, Bankman-Fried caused an FTX US exchange account in the
name of “info@alameda-research.com ” containing Debtor assets to transfer $10 million to an
FTX US exchange account in his name.
One minute later, Bankman-Fried transferred $10 million from his personal
account on the FTX US exchange to his father’s personal account on the FTX US exchange (the
“Bankman Gift Transfer”). Shortly thereafter, Bankman-Fried’s father made six transfers
totaling $6,775,000 to his personal accounts at Morgan Stanley and TD Ameritrade, leaving
$3,225,000 in his FTX US account. As of the Petition Date, the balance in the father’s FTX US
account was down to $2,200,000, having sustained losses on cryptocurrency trades.
In an email exchange, Bankman-Fried and his father discussed structuring the
$10 million gift as a loan from Alameda to Bankman-Fried. The Debtors have been unable,
however, to identify any promissory note, loan agreement, or other indication that the funds were
not simply taken from Alameda by Bankman-Fried to enrich his family.
On information and belief, Bankman-Fried’s father has been using this “gift” to
finance Bankman-Fried’s criminal defense.


16   Ceffer   2023 Jul 25, 11:43am  

It's all an Intel Agency waltz and smoke and mirrors magic show. SBF isn't in Palo Alto, they have his body double trained now. The real SBF is gagged in a safe house somewhere. Obviously, laundered money will be used in his fake show trial with bribed and/or blackmailed or Masonic judge and useful idiot attorneys for a fake trial, fake rendition and imprisonment for the avatar to a fictitious cell somewhere. It's Epstein II, Jizzlaine II the sequels. Nothing we hear about this shit will be real. What happens to Intel lawn ornament Sam is anybody's guess.
19   Ceffer   2023 Jul 27, 9:57am  

SBF has officially changed his first name to Crypto-Hunter.

Doesn't matter what happens to cutout Sam, the Intel Agency boiler room laundering scheme has been wrapped up and moved elsewhere. The real perps
and handlers are immune to prosecution and are plotting elsewhere.

Sam and his brat useful idiot co-conspirators got to live an absurd cotton candy liberal fantasy lifestyle for a while. If any of them are alive in five years, I'd be surprised.
22   Ceffer   2023 Aug 1, 10:15pm  

Patrick says

https://twitter.com/WSBChairman/status/1686142731792293888




Proof positive that he an Intel asset. You really think that anybody under indictment and awaiting trial would be given access to sophisticated computer assets to control fraudulent markets. CIA has him fully rigged up to continue as usual usual.
23   richwicks   2023 Aug 1, 10:19pm  

Ceffer says

Sam and his brat useful idiot co-conspirators got to live an absurd cotton candy liberal fantasy lifestyle for a while. If any of them are alive in five years, I'd be surprised.


They won't be killed. If they were, recruits would be more difficult to find.

Basically, they are looking for shameless sociopaths, but sociopaths aren't stupid.
26   AD   2023 Aug 6, 8:32pm  

Bankman Fried is going to be tried before a Woke or Democrat jury. Its going to be another case of jury nullification just like it was for John Edwards and Andrew Gillum. And the same goes for all those who Special Prosecutor Durham charged in the federal court in Alexandria, VA.

That is why any target of the Democrats or Establishment is fucked if it is tried in federal court.

Any federal court will likely have a Democrat or Woke jury given that these courts are located in Democrat shitholes.

Go back and look at the January 6 protestors cases in Alexandria, VA or Washington DC.

.
27   AD   2023 Aug 6, 8:33pm  

.

Also I expect the Democrat DOJ will give a half-ass performance and will borderline sabotage its case against Sam Bankman Fried.

.
29   Patrick   2023 Aug 24, 12:30pm  

https://www.coffeeandcovid.com/p/cruel-and-unusual-thursday-august


Bankman-Fried, 31, is accused of stealing billions of dollars in FTX customer deposits, spending tens of millions on his businesses, speculative venture investments, sketchy charitable donations, and making illegal campaign contributions aimed at influencing cryptocurrency regulation in Washington and electing democrats.

As I’ve noted before, Sam never created anything before launching his failed multi-billion-dollar crypto company. The whole thing stinks. It has a very Jeffrey Epstein-esque stench to it. Not the human trafficking part, the propped-up-by-intelligence-agencies part.

Anyway, the judge denied Sam access to computers, but said she would order necessary medications and allow a diet closer to his vegan preferences.

So don’t feel too sorry for Sam. He’s doing fine. He’ll choke down whatever veggies they give him, don’t worry. He’s tough. Sort of. Well, not really.

“If you can’t do the time, don’t do the …” something. I can’t remember.
30   Ceffer   2023 Aug 24, 12:32pm  

At this point, it is Sam the Intelligence Agency Sham, and we don't know WTF is really happening with the original stooge that isn't some kind of propaganda foreplay.
31   Ceffer   2023 Aug 24, 1:13pm  

"Eat your green baloney sandwich with rancid mayonnaise and STFU, or we will break your knuckles with our nightsticks. We have a 400 pound Bubba, too, who thinks you have a purty mouth."
34   Patrick   2023 Oct 6, 4:11pm  

https://rudy.substack.com/p/rate-cut-cycles-pivoting-prices-lower


Months before the collapse of FTX, some of its U.S.-based employees discovered the so-called backdoor that Alameda Research allegedly used to withdraw billions of dollars of customer funds from the cryptocurrency exchange, people familiar with the matter said.

The employees who made the discovery reported it to the boss of their division, who discussed it with one of FTX founder Sam Bankman-Fried’s lieutenants, some of the people said. But the problem never got fixed. In the summer of 2022, the leader of the team that raised concerns about Alameda’s special privileges was fired.
35   Ceffer   2023 Oct 6, 6:24pm  

Looked like the real Sam showing up rather than the fake one they had at times, at least for the outside walk. Who knows what happens in the building. He has that weird 'rain man' autistic walk, too.
Really think they are going to let this touch the elites? Let's see how this CIA rigged circus trial proceeds.
36   richwicks   2023 Oct 6, 8:54pm  

Ceffer says

Really think they are going to let this touch the elites? Let's see how this CIA rigged circus trial proceeds.


Oh, he'll get off. He's just as likely to be prosecuted for fraud as Hunter Biden is to be prosecuted for crack cocaine use.
37   Patrick   2023 Oct 11, 12:02pm  

https://www.thegatewaypundit.com/2023/10/sam-bankman-fried-trial-alameda-ceo-caroline-ellison/


Sam Bankman-Fried Trial: Alameda CEO Caroline Ellison States Disgraced Crypto Bro Directed Her to Commit Fraud, ‘Donated $10M to Biden Campaign to Gain Influence’
38   RWSGFY   2023 Nov 2, 5:39pm  

Guilty on all 7 charges.

Still gonna walk?
39   AD   2023 Nov 2, 6:26pm  

RWSGFY says

Guilty on all 7 charges.

Still gonna walk?


Yep: "A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years in prison."

I would be surprised if Bankman Fried does not serve at least 10 years in prison before given parole.

.
40   Patrick   2023 Nov 2, 6:58pm  

Maybe cheating other Democrats actually results in justice.

Comments 1 - 40 of 93       Last »     Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste