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

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

"Sickening truth: Washington elite protect their allies and go after political opponents. MSM/Dem Establishment are falling over themselves to protect crooked demo mega-donor, while doing everything they can to persecute political opponents like Elon Musk. That’s not democracy." Tulsi Gabbard

video
 
cheka said:
www.thegatewaypundit.com

BOOM! Elon Musk Alleges FTX CEO Sam Bankman-Fried Donated over $1 Billion to Democrats | The Gateway Pundit | by Jim Hoft

Sam Bankman-Fried, the CEO of FTX cryptocurrency exchange, announced in May that he would donate “north of $100 million” and up to a “soft ceiling” of $1 billionfor the Democrat candidate running against President Donald Trump in the 2024 race.
www.thegatewaypundit.com www.thegatewaypundit.com

Elon Musk Alleges FTX CEO Sam Bankman-Fried Donated over $1 Billion to Democrats​

Click to expand...
Maxine Waters all but burped SBF during her little talk with him over the weekend.
Any conservative would have been nailed on a cross and verbally crucified by her.
So :
#1.Her bankroll received FTX Donations.
#2. SBF parents are big donors, movers and shakers for Waters and the Leftist Dems.
OR BOTH .
And Waters does not want to give the stolen money back.
 
Look at Caroline's family. Look at Caroline. It is obvious that she is his handler and not his lover. SBF is panicking because he has realized he was always meant to be the patsy.
 
this thread hasnt aged well - it has encroached on many ongoing discussions

it needs to be part of a thread that encompasses the bitcoin debacle, the GIGANTIC theft of customer funds, the friends of the communists at the fed that backed this operation, the bioweapon funding with the stolen money, the election rigging, the corrupt communists in (nyc/dc) that profited off of the stolen money, the ukraine US taxpayer money stolen and laundered, the stolen money sent to globalist warming frauds, etc

do we have a thread where this fits? there ought to be one that covers bitcoin, the fed, billions stolen, bioweapons, election rigging, campaign funding re never trump, war funding, globalist warming, etc

please merge this thread with that one

;)
 
I think it is best to stand alone, as it is at present.
Start weaaving it into other threads and it importance will be lost.
After all politics of the Leftists are involved in this big time.
 
cheka said:
do we have a thread where this fits? there ought to be one that covers bitcoin, the fed, billions stolen, bioweapons, election rigging, campaign funding re never trump, war funding, globalist warming, etc
Click to expand...
there seems to be a lot of crossover so it would be difficult to pick just one, so probably the whole forum?
 
Goldbrix said:
I think it is best to stand alone, as it is at present.
Start weaaving it into other threads and it importance will be lost.
After all politics of the Leftists are involved in this big time.
Click to expand...

Goldhedge said:
there seems to be a lot of crossover so it would be difficult to pick just one, so probably the whole forum?
Click to expand...
i was joking -- a clumsy commentary on all of the current events this scandal is tied to
 

FTX founder Sam Bankman-Fried quietly purchased major Democratic data firm​

Crypto firm FTX's owner Sam Bankman-Fried reportedly paid up to $5 million to buy a platform with a trove of voter information​

video

Sam Bankman-Fried, the disgraced founder of the bankrupt cryptocurrency platform FTX, reportedly purchased a major analytics firm dedicated to assisting Democratic campaigns over the summer.

Bankman-Fried bought Deck, a startup firm designed to provide Democratic campaigns with predictive analytics and voter targeting capabilities, with up to $5 million of his own cash, Puck News reported last week.

The former FTX CEO reportedly gave assurances to Deck founder Max Wood that he could provide a financially stable path forward for the firm and bought out all existing investors.

The purchase potentially gave Bankman-Fried access to a trove of Democratic National Committee (DNC) information. Deck is available free of charge to Democratic campaigns nationwide thanks to a contract between the platform and the DNC.

"At Deck, we help progressive campaigns and organizations reach the right voters," Wood wrote in a blog post in February. "To do that, we've developed models that predict who a voter will support, how elastic that support might be, how a voter might cast their ballot, and more."

www.foxbusiness.com

FTX founder Sam Bankman-Fried quietly purchased major Democratic data firm

FTX founder Sam Bankman-Fried reportedly bought a major Democratic voter analytics software company over the summer, chasing away the firm's other investors.
www.foxbusiness.com www.foxbusiness.com
 

I Accidentally Interviewed SBF And He Hated It​

26m
 
50 secret (int'l bankers) funneled billions into the demolition. and right on cue, the bank of england prescribes a part of (their) solution

www.cnbc.com

Collapsed crypto exchange FTX owes top 50 creditors over $3 billion, new filing says

A list of FTX's top 50 unsecured creditors shows the largest lender of the bunch is owed more than $226 million.
www.cnbc.com www.cnbc.com

A list of FTX’s top 50 unsecured creditors, which excludes their names and other identifiable information, shows that the largest of them all is owed more than $226 million. The second-biggest unsecured creditor is claiming over $203 million in unpaid debts from FTX.

In total, the unsecured claims — labeled as such as they were not secured by collateral — amount to $3.1 billion. FTX may have more than 1 million creditors, according to an earlier bankruptcy filing.

Bank of England Deputy Governor Jon Cunliffe said the FTX debacle has added greater impetus for regulators to act on crypto.

“We should not wait until it is large and connected to develop the regulatory frameworks necessary to prevent a crypto shock that could have a much greater destabilizing impact,” Cunliffe said in a speech Monday at Warwick Business School.
 
cheka said:
A list of FTX’s top 50 unsecured creditors, which excludes their names and other identifiable information, shows that the largest of them all is owed more than $226 million. The second-biggest unsecured creditor is claiming over $203 million in unpaid debts from FTX.

In total, the unsecured claims — labeled as such as they were not secured by collateral — amount to $3.1 billion. FTX may have more than 1 million creditors, according to an earlier bankruptcy filing.
Click to expand...
Well, they better get a 2nd job...
 
again --- right on the heels of the (bankman) controlled demolition of private crypto

imo bank of england is still the most powerful cb. this is trouble

www.breitbart.com

UK Prepares to Introduce a 'Digital Pound' Central Bank Digital Currency

The Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in a cashless society.
www.breitbart.com www.breitbart.com

Great Reset: UK Prepares to Introduce a ‘Digital Pound’ Central Bank Digital Currency​


The de facto head of His Majesty’s Treasury announced this week that the Bank of England has begun consultations on implementing a Central Bank Digital Currency (CBDC) that could usher in the globalist vision of a cashless society in which all transactions are traceable by the government.

Chancellor of the Exchequer Jeremy Hunt revealed that, as a part of his ‘Edinburgh Reforms’ of Britain’s financial services, the Bank of England will begin consultations on the design of a Central Bank Digital Currency (CBDC) which would act as a digital version of the pound sterling.
 
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
You are so spot on, GH. The gummint causes a problem, blames it on something else. People ask government to fix it.

That is fargin classic. I think it is a fargin textbook example/definition. Hold on a minnit... Lemme check.

Back. Lookit:

"Hegelian Dialectic is 'PROBLEM-REACTION-SOLUTION' and how it works is like this: The government creates or exploits a problem in which attributes blame to others. The people react by asking the govt for protecton and help (safety and security) to help solve the problem."
 

Sam Bankman Fried Arrested for FTX Fraud In Bahamas: Faces 612,000 Years In Jail​

Financially Aware
Dec 13, 2022

15:45

Sam Bankman Fried has been arrested in the Bahamas for fraud related to the FTX bankruptcy. According to the NYT, the charges in the SBF arrest will be unsealed on Tuesday in an indictment. The charges Sam Bankman Fried will face include wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy and money laundering.

Leading up to the arrest of SBF, it was reported that Federal investigators were investigating if SBF caused the collapse in TerraUSD and Luna which was the beginning of the collapse of crypto and the FTX Token FTT.

He has also been accused of trying to crash the Tether stable coin by the Binance CEO CZ. CZ accused him of trying to crash Tether possibly in a last ditch attempt to bring down the value of other crypto coins so that he would be able to pay off the liabilities of his customer’s crypto holdings.

Also, The CEO of The Block, a crypto media website, has admitted that he took $45 million in loans from FTX in the last two years. This brings up the obvious questions on if Sam Bankman Fried essentially paid The Block this money to get positive coverage for FTX and FTT token to help perpetuate the alleged fraud.

According to federal sentencing guidelines, SBF could be looking at approximately 612,000 years in prison.
 
(bankman) arrested finally. was this done as a coverup by (them) -- to prevent him from getting grilled by non-communist congressmen? not unlikely

Zerohedge

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

BREAKING: FTX founder SBF charged with 'multi-year scheme to defraud investors' by SEC​

The SEC's complaint says that the disgraced FTX founder defrauded equity investors out of $1.8 billion.

Charges against Sam Bankman-Fried were announced on Tuesday, with the Securities and Exchange Commission alleging that the FTX founder defrauded billions from the company's equity investors.

"We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto," SEC Chair Gary Gensler said in a press release. "The alleged fraud committed by Mr. Bankman-Fried is a clarion call to crypto platforms that they need to come into compliance with our laws."

thepostmillennial.com

BREAKING: FTX founder SBF charged with ‘multi-year scheme to defraud investors’ by SEC

The SEC’s complaint says that the disgraced FTX founder defrauded equity investors out of $1.8 billion.
thepostmillennial.com thepostmillennial.com
 
cheka said:
(bankman) arrested finally. was this done as a coverup by (them) -- to prevent him from getting grilled by non-communist congressmen? not unlikely

Zerohedge

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

There is no justice. We've reached that point, of anarchaic tyranny. Or, tyrannical anarchy, if you like.
 

Below is the SEC v. Sam Bankman-Fried 28-page indictment:​

 
Goldhedge said:
Famous last words...

Click to expand...

Given that...can we not more-or-less agree, this guy isn't the brain. He's a front-man and stooge - and now, fall guy.

Libertarian podcaster Tom Luongo holds that Bunkman-Fraud was a tool of the CCP - who most-likely set up the fraud, just put Bankrupt up as the public face and alleged mastermind. I doubt he or that dumpy stupid broad he was shacking up with, even KNEW what "their" companies were doing.
 
Hmmm, one might justifiably start to think 'someone' doesn't want him to TALK...!


2023261f791bed1b.jpg
 
You must log in or register to reply here.
Back
Top Bottom