Posted on 11/13/2022 9:01:06 PM PST by NeverCheney
FTX had some eye-opening connections to powerful entities and individuals around the world before it all came crashing down.
The meteoric rise of FTX
FTX made waves with early endorsements by NFL legend Tom Brady, supermodel Gisele Bundchen, and NBA superstar Stephen Curry. FTX spent big money on a Super Bowl commercial featuring "Seinfeld" creator Larry David.
"In 2021, FTX inked a reported $135 million, 19-year deal with the NBA’s Miami Heat to rename the American Airlines Arena as FTX Arena," CNN reported. "Major League Baseball struck a five-year deal in 2021 to name FTX as its official cryptocurrency exchange, a partnership that includes putting FTX patches on umpires’ uniforms."
The extraordinary collapse of FTX
Then the FTX collapse happened.
Within the span of a few days, FTX co-founder Sam Bankman-Fried – known in the industry as “SBF” – lost nearly all of his $16 billion fortune in what Bloomberg called "one of history’s greatest-ever destructions of wealth."
(Excerpt) Read more at theblaze.com ...
So the ONLY connection between FTX and Ukraine, is that Ukraine used FTX(One of the largest crypto exchanges) to convert donated crypto to money. Okay
How does the Film Actors Gild figure into this?
Right, russian police state tyranny is a 'blessing in disguise'.
FTX was one of the largest crypto exchanges.
Miami-Dade County, Miami Heat terminate relationship with FTX after collapse
https://thehill.com/policy/finance/3732171-miami-dade-county-miami-heat-terminate-relationship-with-ftx-after-collapse/
LOL, just behaviorally…
RIGHT AFTER the mid term ELECTIONS———
What a coincidence !!!!!!!!!!
WE cannot have a oil/gas pipeline like Keystone-—
BUT the Dems sure did find a MONEY PIPELINE.....
Ukraine invested in top Dem donor’s crypto company FTX as Biden admin funded war effort: report
The multi-billion dollar cryptocurrency company FTX, run by CEO Sam Bankman-Fried, the second biggest Democrat donor right after George Soros, collapsed last week as details emerged regarding their financial practices, which led to a run by customers on FTX. FTX did not have the funds to pay out.
It was also revealed that FTX had partnered with Ukraine to process donations to their war efforts within days of Joe Biden pledging billions of American taxpayer dollars to the country. Ukraine invested into FTX as the Biden administration funneled funds to the invaded nation, and FTX then made massive donations to Democrats in the US
The multi-billion dollar cryptocurrency company FTX, run by CEO Sam Bankman-Fried, the second biggest Democrat donor right after George Soros, collapsed last week as details emerged regarding their financial practices, which led to a run by customers on FTX. FTX did not have the funds to pay out.
It was also revealed that FTX had partnered with Ukraine to process donations to their war efforts within days of Joe Biden pledging billions of American taxpayer dollars to the country. Ukraine invested into FTX as the Biden administration funneled funds to the invaded nation, and FTX then made massive donations to Democrats in the US.
An article from the cryptocurrency news website Coindesk from March 15, 2022 reported that Ukraine partnered with FTX, and that “FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine.” Fiat is the legal tender or paper money of a particular country.
Putin invaded on February 24, and by March, the Biden administration had already sent a total of $2 billion to Ukraine for security assistance. On March 16, two days after the Ukraine-FTX partnership, Biden gave another $800 million to Ukraine. As of November, the US has sent over $60 billion to Ukraine.
Bankman-Fried made donations to the Dems that totaled $39.8 million, putting him just behind George Soros and his $128 million in donations for the 2021-22 cycle. Bankman-Fried became a significant donor to Biden starting in 2020.
He was the largest financial contributor to the Protect Our Future PAC, “the political action committee which endorsed Democratic candidates such as Peter Welch, who this week won his bid to become Vermont’s next senator, and Robert J. Menendez of New Jersey, who secured a House seat.”
As Bloomberg reports, Bankman-Fried had his net worth go from $15.6 billion to $1 billion in “the biggest one-day collapse it had ever seen among billionaires” over the weekend, a personal loss of funds that coincided with FTX’s implosion.
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