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For anyone seeking direct proof that woke capitalism is nothing but a scam, look no further than Sam Bankman-Fried, founder and former CEO of the now bankrupt crypto exchange FTX, who says as much in a direct message exchange with Vox reporter Kelsey Piper. He calls “ethics” a “dumb game we woke Westerners play” — presumably to avoid any scrutiny from journalists, employees, investors and consumers.
I’ve worked for and with these people for decades. They want to convince you and the employees in their company that they are in it out of the goodness of their philanthropic hearts. They are just trying to make the world a better place, you see.
In reality, today’s very trendy woke capitalists assume the pose of do-gooders while filling their bank accounts with outsized wealth. And the world is charmed by their charade, which not only allows them to get away with fraud and theft, but prompts cheering from those whom they are stealing from. It’s quite the trick! ...
A few examples...
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.
I think FTX was a straight-up Ponzi scheme, protected by donations to Democrats.
Madoff though didn't give protection money to the Democrats.
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.
Bob Bishop
@BobBish40288847
Replying to
@bennyjohnson
Sam Bankman-Fried admits that FTX is a crypto laundromat for the Ukrainian government.
Before FTX collapse, founder poured millions into pandemic prevention
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
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?
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.
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.
FTX logo being removed from Memorial Stadium at UC Berkeley...
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.
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.
Enough to cause a 1929 moment?
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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?