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Cryptocurrency billionaire broke the bank for Dems (Miranda Devine)
nypost ^ | 11/14/2022 | Miranda Devine

Posted on 11/14/2022 9:44:49 AM PST by bitt

Amid all the jubilation and gloating by Joe Biden, Chuck Schumer and pals over the Democrats’ better-than-expected showing in the midterms comes a disturbing story that may explain something about how they won such a curious election.

Biden’s second-biggest donor, cryptocurrency billionaire wunderkind Sam Bankman-Fried, a k a SBF, saw his business file for bankruptcy days after the election, but not before pumping $40 million into the Democratic Party to spend on “get-out-the-vote” and other shadowy ballot-harvesting mechanics for the midterms.

The shambolic 30-year-old whiz kid, once said to have been worth $16 billion, had spent $10 million helping get Biden elected in 2020.

SBF’s mother, Stanford law professor Barbara Fried, also is co-founder of left-wing political action committee Mind The Gap, which has raised a reported $140 million to help Democrats win elections through the same “get-out-the-vote” grift.

A more unlikely billionaire you could not find — and of course his money was built on thin air. A math genius with poor social skills, SBF reportedly lived in a “polycule” — a polyamorous relationship with multiple people — in a luxury penthouse with about 10 co-workers in the tax haven of the Bahamas, where his collapsed crypto exchange FTX was headquartered.

Otherwise, he was sleeping on beanbags in his office, eating vegan fries and, according to his own Twitter feed, popping amphetamines and sleeping pills to regulate his chaotic sleeping habits.

Now Reuters is reporting that between $1 billion and $2 billion of customer funds have vanished from FTX, conveniently after the Democrats safely spent his money.

At last report, SBF and his mysterious co-founder, Gary Wang, were being held “under supervision” by Bahamian authorities after reportedly planning to flee to Dubai, according to fintech publication Cointelegraph.

SBF certainly “impacted” the midterms, funneling his millions into the Democratic National

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


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government
KEYWORDS: bitcoin; cryptocurrency; democrats; electionfraud; electionfraud2022; evildemonicrats; ftx; mirandadevine; mirandadivine; sambankmanfried
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To: bitt

Sounds like a CIA grift. Reminds me of Corzine.


21 posted on 11/14/2022 11:14:14 AM PST by FlyingEagle
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To: ridesthemiles
AND-—DID THE BIG GUY get 10% ??????
The skinny little black guy gets his first.
22 posted on 11/14/2022 11:15:49 AM PST by lewislynn (Trump accomplished more in one term than any other President in your lifetime.)
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To: bitt

“The shambolic 30-year-old whiz kid, once said to have been worth $16 billion, had spent $10 million helping get Biden elected in 2020.”

Campaign finance ‘reform’ was obviously a scam concocted when the Democrats were struggling to raise money in 1972. I can’t recollect if the Democrats were able to get two cents per American or not.


23 posted on 11/14/2022 11:17:22 AM PST by Brian Griffin
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To: Chgogal

A Democrat recently got hammered for corruption in San Francisco, by a Canadian ilicto.


24 posted on 11/14/2022 11:19:45 AM PST by Brian Griffin
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To: Brian Griffin

LOL

Funny….like very much.


25 posted on 11/14/2022 11:20:33 AM PST by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: bitt

“She has written extensively on questions of distributive justice”

https://inequality.stanford.edu/about/people/barbara-fried

It appears her family needs a justice distribution.


26 posted on 11/14/2022 11:22:54 AM PST by Brian Griffin
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To: bitt

“The seed funding for this initiative comes from Stanford University through the William and Flora Hewlett Foundation.”

https://inequality.stanford.edu/about-center

I thought attempts to change the law were not tax-deductible charitable contributions.


27 posted on 11/14/2022 11:25:40 AM PST by Brian Griffin
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To: bitt

“Mind the Gap’s game plan has been to escape a bidding war by having its donors begin shoveling money behind Democrats only in the fall of an election season — sometimes all on the same day — before Republicans have a chance to notice that they are soon to be outspent by Democrats”

https://www.vox.com/recode/2020/1/6/21046631/mind-the-gap-silicon-valley-democratic-donors-stanford


28 posted on 11/14/2022 11:31:44 AM PST by Brian Griffin
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To: mountainlion; bitt; RitaOK
***We have been robbed and they spent our money to defeat us***

Excellent! Hold on to that...Oh! And add George S0r0s; you don't think he is spending his own 'millions' - ? {Ask the State Dept.}

Might as well add the teachers' unions and the public employees unions, and NGO's like AARP and Planned Parenthood. It is a huge money laundering scheme...oddly, only the Dems seem to benefit.

Oh well; after all, the Dems ARE the party of the little guy. 🤬

29 posted on 11/14/2022 12:29:23 PM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: blueunicorn6
***Anyone who supports the Democrat party has a criminal heart***


30 posted on 11/14/2022 12:34:34 PM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: Bob Ireland
Demonicrats are the party the little guy and they make us as little as they can.

Don't forget the road tax that they use to build bike lanes.

31 posted on 11/14/2022 1:48:05 PM PST by mountainlion (Live well for those that did not make it back.)
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To: bitt

Impeachable. Or at least investigatable by the House.

Forget what the RAT-led Senate does, put them on the record as defending this type of crap. They have 23 seats to defend in 2024.


32 posted on 11/14/2022 1:59:57 PM PST by rfp1234 (Comitia asinorum et rhinocerorum delenda sunt.)
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To: Don Corleone

May the billions be in Dem coffers? Greasing a lot of palms will get you a lot of ballots.


33 posted on 11/14/2022 3:39:53 PM PST by Greenidgypsy (I loathe the MSM.)
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To: bitt

Mitch McConnell did as well.


34 posted on 11/16/2022 7:46:05 AM PST by CPT Clay
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