SCAM WORSE than Banana Republic: Government Beds FTX Cabal

I

intothatgoodnight

. . .
vector7 said:
It's not a ponzi until it collapses!

There’s a thin line between what FTX did and what FED did. Central Banks have the monopoly on money creation backed by the government & military. Essentially you could say FED is a Ponzi backed by guns & bombs.
https://twitter.com/i/web/status/1593618744064049153
View: https://twitter.com/DeepBlueCrypto/status/1593618744064049153?s=20&t=DOmJtYYQAEhrltQiDoyP8A
Click to expand...
Actually, the initial infamous secret Jekyll Island meeting - attended by the banking bigwigs to plan for the 1913 creation of the Federal Reserve, occurred in November 1910.


intothegoodnight
 
vector7

vector7

Dot Collector
vector7

vector7

Dot Collector
Fh8sNsVXgAUp7fP
 
Cascadians

Cascadians

Leska Emerald Adams
This newspaper and government sponsored meeting is STILL ON! Pretending FTX hasn't utterly collapsed!
Beyond corrupt. Incomprehensible.

Howls Of Outrage After New York Times Confirms SBF To Speak Alongside Zelenskyy, Yellen | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com

Howls Of Outrage After New York Times Confirms SBF To Speak Alongside Zelenskyy, Yellen​

WEDNESDAY, NOV 23, 2022 - 01:22 PM
As we discussed last night, Sam Bankman-Fried has now demonstrated that he is both a pathological liar and a sociopath, the kind who in "explaining" to his employees how he stole billions (over $4 billion according to new FTX CEO John J. Ray) from the now bankrupt FTX, an act which left it insolvent and without liquidity, called it "loans" which were "generally" not used for "large amounts of personal consumption" (just "small amounts" used for such trivial items as $40 million penthouses and private jets).

And the only reason we don't officially call him a criminal just yet, is because he has not yet confirmed he used client money from his exchange to fund his personal hedge fund, an act which would cost any other individual decades in jail... but not prominent democrats like SBF or Jon Corzine, of course. Plus it's the US legal system's job to do that, not ours. Although we are growing increasingly skeptical this prominent Democratic donor will ever see the inside of a courtroom.

It's not just us: with much of the entire world demanding to know how this corpulent 30-year-old still has not been thrown in prison, or at least charged with a variety of crimes, the NYT just confirmed to the entire world what a farce the one-time paper of record has become, and how it is willing to whore itself out for clicks - not to mention prominent Democrat donors - because moments after SBF tweeted that he will be speaking with Andrew Ross-Sorkin moderated NYT "summit" on Nov 30...

... Sorkin quickly confirmed as much.

[ There's a whole lot more, and a lot of twitter posts, but when I try to copy n paste TB2K won't let me. ]
 
N

night driver

ESFP adrift in INTJ sea
Yes it IS Bill and in the frame is the walking antidote to Seldafinil and Modafinil ---or---Viagra in all its forms.
 
vector7

vector7

Dot Collector
vector7 said:
BANK OF INTERNATIONAL SETTLEMENTS: FOREIGN EXCHANGE SWAP POSITIONS POINT TO OVER $80 TRILLION OF HIDDEN US DOLLAR DEBT, REPORTED OFF-BALANCE SHEET.
https://twitter.com/i/web/status/1599735857816240129
View: https://twitter.com/financialjuice/status/1599735857816240129?t=5ABBSS5yU4p2jiS9aKL1ew&s=19
Click to expand...

Could it be possibly found in FTX tokenized securities?

Yeppity Yep. So convenient how all this started Jan 2021. Was FTX a construct of Citadel and the SEC to keep the market from imploding by the impending MOASS. Me thinks so.
https://twitter.com/i/web/status/1599821857318146051
View: https://twitter.com/treat_fairy/status/1599821857318146051?s=20&t=O1cEn3eY5BPYoXPqmJZ84Q


FjNic0IWQAEeqWp


The complexity of FTX/Ukraine/money laundering scandal: The linked article is the 6th in a series with links to the previous 5 explaining it all.
FjLJA-AWAAI41tI

https://twitter.com/i/web/status/1599562284677767169
View: https://twitter.com/PoliticalMoons2/status/1599562284677767169?s=20&t=aczENhNLXgkellz9uEY8wQ
 
Cascadians

Cascadians

Leska Emerald Adams
FINALLY after this Khazarian Mafia Criminal Jerk appears in the meeting sponsored by our corrupt government, Sam Bankman Fried is ARRESTED in the Bahamas.

www.cnbc.com

FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges

Bankman-Fried's arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.
www.cnbc.com www.cnbc.com

FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges​

PUBLISHED MON, DEC 12 20226:39 PM ESTUPDATED 1 MIN AGO

FTX founder Sam Bankman-Fried was arrested by Bahamian authorities this evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange’s collapse.

Damian Williams, the U.S. Attorney for the Southern District of New York, said on Twitter that the federal government anticipated moving to “unseal the indictment in the morning.”

Bahamas Attorney General Ryan Pinder said that the United States had filed unspecified criminal charges against Bankman-Fried and was “likely to request his extradition.”

In a statement, Bahamian Prime Minister Philip Davis said, “The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law.”

“While the United States is pursuing criminal charges against SBF individually, The Bahamas will continue its own regulatory and criminal investigations into the collapse of FTX, with the continued cooperation of its law enforcement and regulatory partners in the United States and elsewhere,” continued the statement.

Bankman-Fried was expected to testify before the House Financial Services Committee tomorrow. His arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.

Last month, FTX and its affiliates filed for bankruptcy and Bankman-Fried stepped down from his role as CEO. The crypto trading firm imploded in spectacular fashion following a run on assets similar to a bank run.

Bankman-Fried was replaced by John J. Ray III, who had overseen Enron’s bankruptcy. Ray is also scheduled to testify before Congress this week. In prepared remarks released Monday, Ray said that FTX went on a “spending binge” from late 2021 through 2022 when approximately ”$5 billion was spent buying a myriad of businesses and investments, many of which may be worth only a fraction of what was paid for them,” and that the firm made more than $1 billion in “loans and other payments...to insiders.”

Ray also said that FTX customer funds were commingled with assets from Alameda Research, the hedge fund also founded by Bankman-Fried. Alameda used client funds to do margin trading, which exposed them to massive losses, Ray said.

Legal experts told CNBC that if the federal government pursues wire or bank fraud charges that Bankman-Fried could face life in prison without the possibility of supervised release. Such a severe punishment would be unusual but not extraordinary. Ponzi scheme mastermind Bernie Madoff was sentenced to 150 years in prison, an effective life sentence, for his massive ponzi scheme. FTX’s collapse has already triggered the demise of BlockFi Lending, and has thrown the entire space into disarray.
 
L

Luddite

Veteran Member
Timing is everything



I know of dead guys as a result of a 30 dollar poker hand. Same for a 1000 dollar used car sale.

The scale of this kind of loss is incomprehensible...

Telling myself "it's not real money" doesn't help.
 
vector7

vector7

Dot Collector
Rep. Maxine Waters tries to end the FTX hearing before every other member has a chance to speak. Wonder why she’d try to do that.

Because she had stock in FTX and the ceo was funding the democratic party in order to try and pass new legislation to force crypto into regulation.

Well of course Auntie Max is upset her close friend is in deep trouble and could not make it to the hearing so she could fix everything for him, well let's just see what happens to the young once billionaire. I guess he considered flight risk. https://youtube.com/watch?v=6qD7ke
RT 1min
https://twitter.com/i/web/status/1602756531623456768
View: https://twitter.com/stillgray/status/1602756531623456768?s=20&t=JlyqcdvdG9ktLviSkZT5MA
 
vector7

vector7

Dot Collector
BREAKING: Sam Bankman-Fried had 4 White House meetings in 2022—as recently as Sept 8
https://twitter.com/i/web/status/1608855985510309891
View: https://twitter.com/JackPosobiec/status/1608855985510309891?s=20&t=yY6B07sAnUCVt_sXLrh7_Q


Why would he need to be at the White House?

He had partnerships with Ukrainian banks & the World Economic Forum.. that’s why, he’s one of them.
https://twitter.com/i/web/status/1608857066470543361
View: https://twitter.com/IncompetentHum3/status/1608857066470543361?s=20&t=4g52_MN1iSPFIZACQFqSEA
 
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