United States v. BANKMAN-FRIED (FTX collapse/fraud)

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Caroline Ellison Pleads Guilty To Fraud And Rats Out SBF​

Financially Aware
Dec 22, 2022


Caroline Ellison and Gary Wang have pleaded guilty to fraud and will testify against Sam Bankman-Fried. Caroline Ellison was the CEO of Alameda Research and Gary Wang was the CTO of FTX. As Sam Bankman Fried waived his right to fight extradition and is already back in the US to face fraud charges in the bankruptcy of cryptocurrency exchange FTX. Caroline Ellison faces 110 years in jail and Gary Wang faces 50 years in jail. Both are said to be cooperating with the prosecution of SBF who faces even more jail time for the massive FTX bankruptcy fraud. 13:07
 
Well...I HOPE there's a lesson that can be drawn from this, for the digital-scrip enthusiasts.

If ya don't hold it, ya don't own it.

And that means ACTUAL, PHYSICAL MONEY - not holding a flash drive with 1s and 0s on it.

There ain't gonna be any justice for the victims of this theft - because our government itself is so corrupt it's Satanic.
 
Let's keep the discussion on topic and family friendly please.
 
lol.....it got a 15 million dollar bond. secured by the equity in his parents house

parents are two college professors with 15 million in their house? too, part of this story was his parents 'buying' real estate with somebody's money....think the places they 'bought' were in the bahamas.....that on top of the monster house they own in cali

this bond clownshow furthers the theory that (bankman) is an agent of the redacted. sent in to destroy confidence in private crypto
 
Maybe the former crypto-billionaires will finally get a clue: Government is not their friend.

It's the friend of dull-normal cyber-thugs like Sam-I-Am, here...looking for ways to separate the naive from their easy-gained wealth.
 
pmbug said:
That's some serious "derp" in that tweet. Aleksandra obviously doesn't understand how bail bonds work.
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10% down, but he'd better appear lest he makes his parents homeless....
 
Would even his parents, buy a bail bond, and risk their homes, for this crudnik? They may be good Communists, but Communist radical leaders are often the sharpest capitalists. They know the game...

Unless the game is rigged ANOTHER way, and they know that when he jumps, they'll still keep their homes. Crooked judge, or have a hit on the bondsman...
 
See? I told alla yiz that they shoulda just left the sorry bastage in the rat-cell with Big Carumba back in the Islands.
 
Casey Jones said:
Would even his parents, buy a bail bond, and risk their homes, for this crudnik? They may be good Communists, but Communist radical leaders are often the sharpest capitalists. They know the game...

Unless the game is rigged ANOTHER way, and they know that when he jumps, they'll still keep their homes. Crooked judge, or have a hit on the bondsman...
Click to expand...
bondsmen wouldnt do this kind of deal. they lay off that risk to their 'surety' provider (insurance). the decision was left up to the redacted that own the insurance industry. the redacted that insure this are on the hook for the 250mm. they want (their) boy (bankman) out of jail, at any cost

the int'l banker's bloody fingerprints turn up AGAIN in this mega-crime

controlled demoliton bitchez
 
tv fox news -- parents pledged their 4 million dollar house. 'other' people pledged the other eleven million. fox refused to name/speculate who these secret people are

redacted got (their) boy set free with merely pledging money

NO MONEY CHANGED HANDS
 
...
After this story was published, details emerged that Bankman-Fried’s parents were planning to put equity in their California home — where he is slated to be confined — up as collateral against a bail bond for their embattled son. Requirements additionally mandate that a third individual, who cannot be related to Bankman-Fried, also sign off on the bond agreement.
...
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blockworks.co

SBF To Be Released on $250M Bond: Who Paid?

The US attorney assigned to the case against Bankman-Fried dubbed it “fraud of epic proportions.”
blockworks.co blockworks.co
 
"The people must be SHOWN." (Unca Walt)

Some of those people, are the Bitcoin Billionaire Bros, and some of the showing, is that the Deep State, and its CCP colleagues, are at war with THEM, TOO...

They thought they were above all this, that this was just a war against Ray Sissm, Glow Bull Warming, Homow Fobe ya...all the stuff they've been programmed to have Ten-Minute Hates on. Turns out, rogue governments don't care about ideology, only about power. About their garnering it and keeping it from former-citizens-now-subjects.
 
Goldhedge said:
Brian Cates is an indy reporter who gives his insight ...
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Pushes unsubstantiated BS about funds flowing from Ukraine to FTX. Why do folks pay any attention to this garbage? Confirmation bias.
 
pmbug said:
Pushes unsubstantiated BS about funds flowing from Ukraine to FTX. Why do folks pay any attention to this garbage? Confirmation bias.
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That still remains to be seen.

Folks believed the Russian dossier was 'fact' for 5 years... and that Hunter's laptop was Russian disinformation and lately it's come to light that the real disinformation masters are our very own CIA and FBI... Oh, and if you get the jab you won't get Covid...

Confirmation Bias....?
 
pmbug said:
SBF is toast.

www.nbcnews.com

Sam Bankman-Fried and FTX execs received billions in hidden loans, ex-Alameda CEO says

Caroline Ellison said she agreed with Bankman-Fried to hide from FTX’s investors, lenders and customers that the hedge fund could borrow unlimited sums from the exchange, according a transcript of her Dec. 19 plea hearing that was unsealed on Friday.
www.nbcnews.com www.nbcnews.com
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note how the redacted are trying to narrow it down to one moron. (bankman) was sent to play this role - and cover for his handlers that devised/funded it

when in fact it was busloads of criminals that ran/profited from this gigantic fraud on a million customers
 
The hits just keep on comin folks...

FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege​

Laila Maidan
Dec 25, 2022,

Sam Bankman-Fried

Sam Bankman-Fried was arrested in the Bahamas. Mario Duncanson/Getty Images
  • Alameda Research borrowed billions of dollars of customer funds from FTX exchange.
  • The firm's liabilities were then masked under a pseudonym account on FTX.
  • Caroline Ellison and Gary Wang have pleaded guilty to numerous counts of fraud.
The case of "where did the money go" is beginning to unravel for crypto exchange FTX.

On November 11, the exchange's founder, Sam Bankman-Fried filed for Chapter 11 bankruptcy protection for FTX and about 130 of its affiliated companies. The decision came after a scurry of withdrawals left the exchange illiquid.

On Wednesday, Bankman-Fried arrived on US soil after he was extradited from the Bahamas. On Friday the Associated Press reported that a US judge had kept secret that two of his former associates, Caroline Ellison, CEO of Alameda and Gary Wang, co-founder of FTX, pleaded guilty to fraud charges and were cooperating with the feds. Prosecutors feared Bankman-Fried would fight extradition if he knew his partners had turned on him.

more:
markets.businessinsider.com

FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege

The case of "where did the money go" is beginning to unravel for crypto exchange FTX as finding show ghost account held liabilities.
markets.businessinsider.com markets.businessinsider.com
 

This little-known firm with a weird website was central to the misappropriation of FTX customers' money, regulators say​

Story by Gretchen Morgenson • 31m ago

Among the 130 or so companies in Sam Bankman-Fried’s sprawling crypto empire, North Dimension Inc. assumed a low profile. Unlike FTX, its name wasn’t splashed on billboards or sporting arenas, and its business wasn’t promoted by celebrities.

Still, North Dimension had a crucial role in the FTX mess, regulators now say. In fact, they contend, the little-known company was central to the furtive misappropriation of FTX customers’ funds.

As a subsidiary of Alameda Research, the crypto hedge fund and trading firm also founded by Bankman-Fried, North Dimension was where FTX customers were told to wire money if they wanted to trade on its exchange, according to a complaint filed Wednesday by the Securities and Exchange Commission.

But North Dimension Inc. also appears to have been a fake online electronics retailer, an NBC News investigation found. Its website, now disabled, is archived on the internet.

More:
 
This was a very interesting interview with a person I had not heard of before, Bitboy.



He says the parents (puppet masters) and the lawyer (Shocker, the architect of the scheme) were the ones totally running the scam. And it was a scam to funnel money to Democrats.

AND then he gets into the Gary Genssler ($EC) connection and just how corrupt he appears. He also happened to be Hitlery's campaign manager, lol.
 
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Voodoo said:
He says the parents (puppet masters) and the lawyer (Shocker, the architect of the scheme) were the ones totally running the scam. And it was a scam to funnel money to Democrats.
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What a way to set up your idiot son...
 
white house (officials)......we all know biden's cabinet is packed full of redacteds

Zerohedge

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

SBF Was Meeting With Senior White House Officials Shortly Before FTX Collapse​

 
cheka said:
white house (officials)......we all know biden's cabinet is packed full of redacteds

Zerohedge

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

SBF Was Meeting With Senior White House Officials Shortly Before FTX Collapse​

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probably telling them their gravy train was going off the rails...?
 
Goldhedge said:
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Lee of Inner City Press is a good guy. He had SBF's indictments before anyone else. He's been banned by the UN (a good thing) and is a real street level bull dog reporter. I highly suggest that you follow him on Twitter if you are on that platform.

I also suggest following Viral News NYC, another good street level photographer who posts a lot of stuff that doesn't get into the MSM but should. Some of his raw videos are just amazing with what he captures that some of these "things" actually walk this earth instead of being locked in mental wards.
 

THE FIX IS IN: Sam Bankman-Fried Has a Clinton Judge, Soros-Related Biden-Appointed Prosecutor, and His Case Is in the Corrupt SDNY​

By Joe Hoft
Published January 4, 2023

1672889066000.png

Could this be a coincidence or is the fix in?

Sam Bankman-Fried was arrested on multiple counts of fraud after billions of dollars went missing from his cryptocurrency exchange FTX. It’s still unknown how much money went missing.

When we found that the government’s case against SBF was initiated out of the DOJ’s corrupt Southern District of New York (SDNY) we knew the fix was in. The SDNY is the same district that brought charges against innocent We Build the Wall (WBTW) figures in a political hit. The attorneys in the SDNY were certainly not going to prosecute SBF in the same manner they went after WBTW patriots. They certainly weren’t going to look into FTX’s activities in Ukraine and with the Democrats as well.

We also found that the first judge over the case had conflicts of interest and still she allowed SBF to spend the holidays at his parents’ house in California, flying first class there.

Then when the first judge recused herself for her conflicts with FTX, the next judge placed over the case is Bill Clinton appointed Judge Lewis Kaplan.

Kaplan has allowed the unfounded rape case against President Trump to move forward. Based on her interview on CNN, the accuser appears certifiable. But this Clinton Judge allowed it to move forward.

more
www.thegatewaypundit.com

THE FIX IS IN: Sam Bankman-Fried Has a Clinton Judge, Soros-Related Biden-Appointed Prosecutor, and His Case Is in the Corrupt SDNY

Could this be a coincidence or is the fix in? Sam Bankman-Fried was arrested on multiple counts of fraud after billions of dollars went missing from his cryptocurrency exchange FTX. It’s still unknown how much money went missing. When we found that the government’s case against SBF was...
www.thegatewaypundit.com www.thegatewaypundit.com
 
The graphic in that post is unadulterated bullshit.
 
No...this is just a natural progression of DNC-style "Just-us."

Except, I think this may backfire. This isn't (expletive)ing conservatives, or whites, or Christians, or any other of the DNC's LONG list of State Enemies. This is hurting THEIR people - the Bitcoin Bro's, the crypto-millionaires, the ones who put money into these things, and somehow, through the magic of pyramid schemes, wound up 1000x richer.

THEIR kind of people. Who lost huge amounts of money. They learn that when there's no law, only caprice...THEY have no protection, EITHER.

Some of them may just discover that Rule of Law and Equal Justice, actually means something.
 
pmbug said:
The graphic in that post is unadulterated bullshit.
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Can you enlighten us how you determined that opinion? From what has been reported from various sources, that scenario is quite plausible but not proven.

Who would have thought that the US government would be better at KGB style censorship and propaganda better than the Soviets ever were with the MSM and various high tech social media companies?

I'm of the mindset that anything is possible and willing to hear out even the most tin foil hat conspiracies at this point in time.
 
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