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Embattled Cryptocurrency Founder Spent $40 Million on Midterms
Wall Street Journal ^ | By Julie Bykowicz

Posted on 11/12/2022 1:38:36 PM PST by NoLibZone

Even before polls closed, one of the year's biggest Democratic donors had a very bad Tuesday.

Sam Bankman-Fried's cryptocurrency exchange FTX -- valued at $32 billion in January -- suffered a sudden liquidity crunch and was taken over by its rival Binance.

(Excerpt) Read more at wsj.com ...


TOPICS: Extended News; News/Current Events; Politics/Elections
KEYWORDS: 1moretime; bitcoin; cryptocurrency; ftx; ftxcryptoexchange; ftxfundeddnc; juliebykowicz; sambankmanfried; wallstreetjournal
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FTX crypto exchange was a DNC funding operation.

FTX stole billions of dollars from investors and then funnel the money directly to the DNC.

Samuel Bankman Fried owner of FTX met regularly with Bill Clinton and Gensler

1 posted on 11/12/2022 1:38:36 PM PST by NoLibZone
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To: NoLibZone
His mother spent at least as much.

Incidentally, this mess has a Epstein Island tint to it. Details developing.

2 posted on 11/12/2022 1:40:54 PM PST by JonPreston
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To: NoLibZone

Criminals are a core constituency of the Democrat Party.


3 posted on 11/12/2022 1:41:31 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: NoLibZone

Bill hangs around with interesting people.

Police should dog his footsteps.


4 posted on 11/12/2022 1:45:50 PM PST by Brian Griffin
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To: NoLibZone

https://www.coindesk.com/policy/2022/03/14/ukraine-partners-with-ftx-everstake-to-launch-new-crypto-donation-website/

Dems + Ukraine + criminal crypto

Because of course


5 posted on 11/12/2022 1:54:33 PM PST by Pollard (Worm & GMO Free - some call us purebloods)
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To: JonPreston

Get picture of girlfriend. Then ask yourself that auesyGain


6 posted on 11/12/2022 1:57:10 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: NoLibZone

He “spent” other peoples’ money. Just like the Rats he gave others’ money to do without our money.


7 posted on 11/12/2022 1:57:25 PM PST by Trumpisourlastchance
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To: Trumpisourlastchance

with out money.


8 posted on 11/12/2022 1:57:53 PM PST by Trumpisourlastchance
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To: BenLurkin

Get out the vote payments. Mules ain’t cheap these days.


9 posted on 11/12/2022 1:58:14 PM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: Kozy

I’ve seen her. There’s something wrong with all of them. How anyone would give then a penny to invest is beyond me.


10 posted on 11/12/2022 2:06:17 PM PST by JonPreston
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To: NoLibZone

Ponzi paid to play. The DNC will protect him or kill him. Flip a coin.


11 posted on 11/12/2022 2:12:04 PM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: NoLibZone

That’s a shame.

😜😱😎🤡


12 posted on 11/12/2022 2:16:05 PM PST by miserare ( Impeach Joe Biden!)
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To: NoLibZone
This guy has a funny take on the FTX crash. Great British dry humor:

FTX Bankruptcy Explained!

13 posted on 11/12/2022 2:16:26 PM PST by who_would_fardels_bear (This is not a tagline.)
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To: NoLibZone

Second largest donor to Biden and Democrats behind Soros.

His mommy is a big Democrat voting advocate (as in fraud). So sonny boy is protected like Hunter.


14 posted on 11/12/2022 2:18:36 PM PST by Kaiser8408a (u)
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To: NoLibZone

It looks he’ll have some “empty pockets” heading towards 2024.

That makes me happy.

I’m sick of the so called party of the rich getting their “brains beat in” on spending. It seems like its gotten worse since the Obama Presidency, in this regard.


15 posted on 11/12/2022 2:20:18 PM PST by unclebankster (Globalism is the last refuge of a scoundrel)
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To: NoLibZone

Let’s review.

Democrat marxists give unaccounted billions to Ukraine.

Ukraine puts unaccounted billions into FTX.

The “Founder” of FTX and buddies becomes the largest donors to the democrat marxist party.

Implodes immediately after massive fraud in the midterms.

Zero news in the legacy and big tech media.


16 posted on 11/12/2022 2:33:50 PM PST by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: 2banana

After spending $180,000 USD worth of Ethereum on a Bored Ape Yacht Club NFT, Stephen Curry has announced that he will serve as Global Brand Ambassador and shareholder for the cryptocurrency trading platform FTX.
“I’m excited to partner with a company that demystifies the crypto space and eliminates the intimidation factor for first-time users,” said Curry in a statement. “FTX is likeminded when it comes to giving back to the community in meaningful ways and I can’t wait to see what we can achieve together.”


17 posted on 11/12/2022 2:38:19 PM PST by Bookshelf
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To: NoLibZone

https://www.coindesk.com/policy/2022/03/14/ukraine-partners-with-ftx-everstake-to-launch-new-crypto-donation-website/

How much of our taxpayer money was laundered through Ukraine?


18 posted on 11/12/2022 3:09:28 PM PST by RushIsMyTeddyBear
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To: NoLibZone

Democrat administrations are always for sale. All the way back to Lyndon Johnson.


19 posted on 11/12/2022 3:30:43 PM PST by Chad C. Mulligan (CNN)
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To: NoLibZone

It’s a scam, Jim

And it’s not the only one


20 posted on 11/12/2022 3:31:28 PM PST by NWFree (Somebody has to say it 🤪)
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