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NOW A Warning?? FTX Owes Its 50 Biggest Unsecured Creditors More Than $3 Billion (Biden Leads Call For Global Bitcoin And Crypto Rules After Shock FTX Collapse)
Confounded Interest ^ | 11/20/2022 | Anthony B. Sanders

Posted on 11/20/2022 11:04:02 AM PST by Kaiser8408a

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This is perhaps the biggest case of fraud in history and Democrats will rally to protect SBF. I predict that his girlfriend will take the fall.
1 posted on 11/20/2022 11:04:02 AM PST by Kaiser8408a
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To: Kaiser8408a

She’s in Hong Kong and there’s no extradition treaty with the US.


2 posted on 11/20/2022 11:05:55 AM PST by EEGator
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To: Kaiser8408a

We need a single global currency and one government! That’s the ticket! /s


3 posted on 11/20/2022 11:05:57 AM PST by Bulwyf
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To: Kaiser8408a

Demonocrat business as usual.

Commit a crime, then pass laws to punish the people who didn’t do it.


4 posted on 11/20/2022 11:06:49 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████.)
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To: Kaiser8408a

If I was a conspiracy theorist, I would think this was deliberate to usher in a global, centralized digital currency.


5 posted on 11/20/2022 11:07:08 AM PST by EEGator
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To: Kaiser8408a

And now you know why people buried gold and silver coins


6 posted on 11/20/2022 11:08:09 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: Kaiser8408a

Ban it. What value is it?


7 posted on 11/20/2022 11:08:10 AM PST by Brilliant
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; Betty Jane; BigpapaBo; ...

Crypto Ping List

This has always been the biggest threat to crypto


8 posted on 11/20/2022 11:09:37 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: aMorePerfectUnion

9 posted on 11/20/2022 11:10:28 AM PST by EEGator
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To: aMorePerfectUnion

Sound exchange regulations would be OK. Just get it out of the way.


10 posted on 11/20/2022 11:11:38 AM PST by Vermont Lt
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To: Kaiser8408a

It’s a scam, Jim.

It should be treated as the fraud it is


11 posted on 11/20/2022 11:11:41 AM PST by NWFree (Somebody has to say it 🤪)
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To: aMorePerfectUnion

I think there is also talk of an issue with “Tether”?
This is beyond my knowledge base.


12 posted on 11/20/2022 11:11:42 AM PST by EEGator
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To: Kaiser8408a

13 posted on 11/20/2022 11:12:10 AM PST by Travis McGee (EnemiesForeignAndDomestic.com)
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To: NWFree

[Another must-read excerpt from Kunstler’s new “Smoldering Fuse” column.]

https://kunstler.com/clusterfuck-nation/a-smoldering-fuse/

The Bankman-Fried extended family is the quintessence of Woke aristocracy. Dad Joe Bankman and mom Barbara Fried are both law professors at Stanford. She also acted as a money-bundler for the Democratic Party and ran two non-profit “voter registration” orgs (against the IRS laws which only permit non-partisan organized voter registration). Brother Gabe Bankman-Fried headed a non-profit named Guarding Against Pandemics (funded by Sam), which lobbies Congress to construct new platforms for medical tyranny. Aunt Linda Fried is Dean of Columbia U’s Public Health school, and is associated with Johns Hopkins, which ran the October 2019 Event 201 pandemic drill (sponsored by the Gates Foundation) months before the Covid-19 outbreak.

Sam’s girlfriend, Caroline Ellison, ran the Alameda Investments arm of the FTX empire (that is, FTX’s own money laundromat). Her dad, Glenn Ellison, is chair of MIT’s Econ School. His former colleague on the MIT Econ faculty, Gary Gensler, who specialized in blockchains there, is now head of the Securities and Exchange Commission, an agency that Sam Bankman-Fried was attempting to rope into a regulation scheme to eliminate FTX’s crypto-currency competitors. Caroline’s mom, Sara Fisher Ellison, is an MIT econ prof specializing in the pharmaceutical industry (fancy that!). Caroline Ellison is currently on-the-run.

The sum total of all this professional and academic accomplishment is also the quintessence of Woke-Jacobin turpitude in service to a political faction that seeks maximum moneygrubbing while acting to overthrow every norm of behavior in the conduct of elections, and perhaps in American life generally. That’s some accomplishment. It’s also a lesson in why the managerial elite of our country are no longer trustworthy. They have gotten away with crimes against the nation for years, which has only made them bolder and more reckless.
[much more at link]


14 posted on 11/20/2022 11:12:52 AM PST by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Kaiser8408a

Sultry wood nymphs don’t so we’ll in prison


15 posted on 11/20/2022 11:12:52 AM PST by who_would_fardels_bear (What is left around which to circle the wagons?)
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To: EEGator

You are 100% correct that is the outcome..


16 posted on 11/20/2022 11:12:58 AM PST by dpetty121263
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To: EEGator
If I was a conspiracy theorist, I would think this was deliberate to usher in a global, centralized digital currency.

Yup. I think the entire global economy is really nothing like it appears to be. There is a lot of fraud and a lot of dark money and it's propped up in all kinds of ways which don't look like it's propping anything at all (ex. Send money to Ukraine because Russia invaded, but the money is really for FTX, but the money is really so that Republicans and Democrats in the US can elect people who are not MAGA. I mean: not obvious that that is what's going on, but that's what's going on.)

At some point, it will all switch over to a central digital system and it will already be so deeply entrenched that fighting it will be impossible.

17 posted on 11/20/2022 11:16:39 AM PST by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Kaiser8408a

What’s the big deal? It was nothing more than a simple ponzi scheme gone south. Happens all the time especially with our globalist masters and corrupt politicians.


18 posted on 11/20/2022 11:17:56 AM PST by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: Kaiser8408a

Why would anyone give money to someone named Bankman-Fried especially when they see a picture of him


19 posted on 11/20/2022 11:19:27 AM PST by butlerweave
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To: Kaiser8408a

Good thing Sarbanes-Oxley was implemented to ensure that internal controls would reduce the chances of a bad credit risk customer taking advantage of bad credit policies to allow huge balances like this. Oh, wait......


20 posted on 11/20/2022 11:19:53 AM PST by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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