Posted on 11/12/2022 9:14:33 AM PST by BenLurkin
The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it filed for bankruptcy.
More than $600 million was siphoned from FTX's crypto wallets late Friday. Soon after, FTX stated in its official Telegram channel that it had been compromised, instructing users not to install any new upgrades and to delete all FTX apps.
Many FTX wallet holders reported $0 balances in their FTX.com and FTX US wallets. FTX’s API appeared to be down, which could account for this. According to on-chain data, various Ethereum tokens as well as Solana and Binance Smart Chain tokens exited FTX's official wallets and moved to decentralized exchanges like 1inch. Both FTX and FTX US appear to be affected.
The transfers occurred on the same day that the firm filed for Chapter 11 bankruptcy protection in the U.S. after apparently losing – or misappropriating – billions of dollars in user funds. Suspicions – which are conjecture at this point – circulated online about whether, rather than an outside attack, someone inside the company might've been responsible.
(Excerpt) Read more at coindesk.com ...
Thanks for the ping to the (your) crypto ping list. I must have signed on after a few cocktails.
Saw they tracked his private jet today on flight aware to Argentina.
🍻
Read the comments. You will see how he started in 2019 shortly after Biden announced he was stealing the presidency. There is a photo of his mom and him at the link that explains. I bet this was all a front for the democrats to move money around.
This is the guy who lost $16 billion overnight.
He actually lost $26 billion overall.
Look and listen to this dweeb on the left side of the photo in the video.
He gave at least $40 million to the democrat party. He wanted protection for his criminal scheme or was part of the democrat party scheme to launder money.
I thought this was a parody at first but this is the guy who made and lost all the money.
BTW just like all democrat party people there is about $2 billion missing from the company accounts.
He ran the company out of the Bahamas with several friends who were sleeping with each other.....
https://twitter.com/catturd2/status/1591404041875357698
Don’t rule out ‘FTX Has Been Embezzled’
“Saw they tracked his private jet today on flight aware to Argentina.”
Yeah saw that too here at FR. A screen capture from a phone. Let’s see where this former crypto king turns up, along with his non- delicious, nerdy looking girlfriend.
Probably the same bunch that hacked the DNC ... yeah, right.
Look at the bright side: With all the Democrat donations, SBF will never face a no-knock FBI raid at 3AM.
FTX is converting crypto contributions to Ukraine’s war effort into fiat So, who were the smart guys? The guys converting crypto into fiat, or the guys trading fiat for crypto?
I knew this was a democrat party money laundering operation!!
Now-Collapsed FTX Crypto Slush Fund Laundered Ukraine Donation Money to Democrat Candidates to Help Rig Midterms
https://americafirstreport.com/now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money-to-democrat-candidates-to-help-rig-midterms/
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