They're behind every scam of the century.
The elections of 2020, 2022, covid vaccines and lock downs, Russian collusion, etc
Posted on 11/17/2022 8:15:16 AM PST by bitt
Last week ftx, the second-largest crypto-exchange, ran out of cash. It is the biggest cryptocurrency disaster yet. Investors wanted to know what they did wrong. Now we have the answer: almost everything.
The result is a scandal so big it goes far beyond those just interested in bitcoin. It links to corruption at the highest levels and may have even played a major role in the United States midterm elections. The media, financial authorities and the Democratic Party are all implicated.
ftx allowed people to easily trade cryptocurrency. Set up an account, and you could buy, sell and save bitcoin or any number of a wide range of new types of electronic money that have sprung up in recent years.
But ftx wasn’t just going to help you get rich. It was going to save the world. Its founder, Sam Bankman-Fried, was saint and banker—hailed as a “future trillionaire,” a “savior” and “the world’s most generous billionaire.” He partnered with the World Economic Forum, spoke at Davos, and visited the White House.
Sam Bankman-Fried, or sbf as he is known, preached the gospel of earning to give, or effective altruism. Yes, he wanted to get rich—but only so he could give it all away.
But what did he do to get rich? And whom did he send the money to?
‘Borrowing’ Money
It looks like Bankman-Fried cheated in spectacular fashion.
(Excerpt) Read more at thetrumpet.com ...
p
Cryptocurrency derivatives.
Derivatives
Again.
FTX US Derivatives Announces Board of Directors
January 19, 2022
https://finance.yahoo.com/news/ftx-us-derivatives-announces-board-141700319.html
Larry E. Thompson, Chairman of the Board for FTX US Derivatives, commented on today’s news, “It is an honor to be named as Chairman of the Board for FTX US Derivatives and to be a part of one of the fastest growing and most influential crypto exchanges in the U.S. Throughout my career, I have come to understand the importance of working alongside regulators to ensure that investors are protected while still being able to take full advantage of the markets and FTX US Derivatives does just that. We have worked closely with regulators to establish FTX US Derivatives as the premier regulated crypto derivatives trading platform, and I am looking forward to continuing this journey.”
Time’s up, Larry.
FTX: Are America’s Democrats Behind the Scam of the Century?
—
You’ll know they are when the story rapidly fades from the headlines.
Yes.
They're behind every scam of the century.
The elections of 2020, 2022, covid vaccines and lock downs, Russian collusion, etc
YEP - rinse & repeat.
Of course they are. They almost always are...
Yes and they are going to use this issue to clamp down on crypto and enact US digital currency.
It's not easy, but it does provide a useful purpose.
Please Support FR
Click The Pic To Donate.
The whole demonrat party is a scam.
SOS! Nothing here move along.
The Republicans need to link FTX with the central bank electronic money. They will have complete possession of all the money you have, will be able to take it away, and will be able to delete it and pretend it never existed.
I think the FTX collapse is partially to crash the crypto market so no one will use it as a parallel economy and also (and I don’t know if this will happen) perhaps crush some of the money invested in it to collapse inflation a bit.
I was involved in secure communications many moons ago. The idea of encryption is to hide communications to other parties that are not on the same side, etc...
Yes and when the missing 2 billion dollars get divvied up amongst the DC criminals, it makes multi millionaires out of them. Hang ‘em all!
I would expect nothing less from democrats.
FTX isn’t the only scam in the works Ukraine is a front a lot of money is changing hands and most of it is untraceable .
The weekend Delaware homes are just for sleeping huh Moe.
huge beneficiary’s of it...
shouldn’t they have to give that money back???
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.