Jump to content
Head Coach Openings 2024 ×
  • Current Donation Goals

    • Raised $2,716 of $3,600 target

Open Club  ·  46 members  ·  Free

OOB v2.0

FTX Crypto-Debacle.......Larry David had it right I guess......But what did the Democrats have to do with it (if anything)?


swordfish

Recommended Posts

Larry David may have been right all along on this one.......🤣

https://www.billoreilly.com/video/video-of-the-day?vid=912825731857123101&fbclid=IwAR2vkxcPj5GiNF76xKW3yPMejD7bE9ZbAwCNnzuFpL7qctJ03LMd0x2ynPg

The now bankrupt FTX Crypto Company (founded in 2019) is embroiled in it's share of controversial issues including the founder being the 2nd largest donor to the Democrat Party Campaigns (2nd only to George Soros) and the question of how was this affiliated in any way with Ukraine, the World Economic Forum, Janet Yellen, more specifically "Why on earth was a country at war dabbling with cryptocurrency which everybody knows is shady?"  https://www.foxnews.com/media/what-alleged-connection-sam-bankman-fried-ftx-democrats-ukraine

https://www.themainewire.com/2022/11/sam-bankman-frieds-ftx-collapse-touches-ukraine-the-world-economic-forum-silicon-valley-and-both-sides-of-d-c/

Yeah, probably nothing to see here - Just a note from Nancy Pelosi's stock tracker.........SMH

Image

Edited by swordfish
Link to comment
Share on other sites

Yep, FTX is sounding more and more like a giant scam.  And Larry David and other celebrities that promoted it are getting sued:  https://www.avclub.com/larry-david-ftx-ad-class-action-lawsuit-1849794031

 

Quote

Natural entertainment partners Larry David, Tom Brady, and Shaq are collaborating at last—in a lawsuit, as Variety reports that all three famous guys, plus a number of other big-name folks, are being sued as part of a class-action suit against collapsing cryptocurrency exchange FTX. Specifically, they’ve been named as “brand ambassadors” in a suit from an Oklahoma man accusing the crypto exchange of employing celebrities to target “unsophisticated investors” in a “Ponzi scheme” in an effort to keep the exchange alive.

....

 

Link to comment
Share on other sites

  • 4 weeks later...

https://www.dailymail.co.uk/news/article-11535201/White-House-insists-say-Biden-campaign-donations-Sam-Bankman-Fried.html

The White House on Tuesday wouldn't say if President Biden will ask his aides to return $5.2 million in donations made to his presidential election campaign from disgraced FTX founder Sam Bankman-Fried in 2020.  

https://www.dailymail.co.uk/news/article-11534523/Sam-Bankman-Frieds-planned-testimony-prior-arrest.html

More than $1 billion has been recovered so far, he said, a majority of which were 'coins of various nature.' 

But Ray would not give an estimate of when the remaining funds would be found.

'These bankruptcies take time, the money will take time to locate…we tried to do this in the most expeditious way possible,' he said. 

I guess now we know why SBF won't be testifying to Congress........

 

  • Like 1
Link to comment
Share on other sites

https://nypost.com/2022/12/14/the-curious-timing-of-scammy-sam-bankman-frieds-crypto-bust/

When alleged crypto-fraudster Sam Bankman-Fried finished testifying at a congressional hearing last December, Democrat Maxine Waters, chair of the House Financial Services Committee, blew him a kiss as he walked by.

And why not, since the shambolic 30-year-old former multibillionaire is acknowledged to be the second-biggest donor to the Democrats, after George Soros. 

He helped bankroll Joe Biden into the White House and had promised to donate $1 billion to help the party win the 2024 presidential election. 

There are those, such as Elon Musk, who allege that SBF, as he is called, already has funneled $1 billion of stolen customer funds to Dem causes via various dark money PACs. Others on Wall Street put the number lower, at maybe $500 million. 

Perhaps that was the entire point of FTX, at least in the end.

 

"Scammy Sammy" - a pawn for the establishment's money launderers.....

Wouldn't be surprised if he winds up "suicided".......

  • Like 2
Link to comment
Share on other sites

If you are a member of Congress that is working on a "Crypto Regulatory Bill" wouldn't you (maybe) want to steer clear of donations from one of the very companies that would be covered under those regulations?

https://www.dailymail.co.uk/news/article-11543163/Members-Congress-wipe-hands-Sam-Bankman-Frieds-donations.html

Dealing with a problem like Sam's dirty money: How a QUARTER of congress (130 Democrats AND Republicans) took donations from fallen crypto king SBF - and now find themselves in a VERY tricky spot

  • Lawmakers from both parties are washing their hands of donations from disgraced crypto king Sam Bankman-Fried amid arrest in Bahamas on Tuesday
  • Just months ago, Bankman-Fried was touted as the next George Soros, second only to the famed liberal donor in contributions to Democrats in 2022 
  • Prosecutors now claim Bankman-Fried tried to bilk investors out of more than $1.8 billion and used customer funds to make illegal political donations 
  • The campaign of Beto O'Rourke was one of the first to return a massive $1 million check from SBF 
  • Sens. Debbie Stabenow, D, and John Boozman, R, who co-sponsored a crypto regulatory bill SBF supports, gave their FTX-linked donations to charity
  • Bankman-Fried publicly donated some $46.5 million in the 2022 election cycle, with all but about $240,000 going to Democrats
Link to comment
Share on other sites

×
×
  • Create New...