Posted on 11/19/2022 3:29:57 PM PST by george76
It’s worth taking a glance at the numerous figures, especially Democrats, who buddied up to the former crypto tycoon over the years.
...
Not that long ago, Sam Bankman-Fried was on top of the world. Sporting a net worth of approximately $15.6 billion, Bankman-Fried was the CEO of FTX, a cryptocurrency exchange platform launched in 2019 that had accumulated more than a million consumers by 2022. At 30 years old, he was extremely successful — that is, until last week when he was exposed as a con artist.
After a Nov. 2 article from the digital currency news site Coindesk revealed that FTX and Bankman-Fried’s cryptocurrency trading firm Alameda Research had notable overlaps on their balance sheets that called into question FTX’s liquidity, users proceeded to withdraw $6 billion from the company, leading to its bankruptcy. As Gizmodo reported, Bankman-Fried has “admitted to funneling billions of dollars in customer funds to his own hedge fund,” which “upend[ed] the entire cryptocurrency sector.” Since his FTX’s collapse, Bankman-Fried has lost nearly all of his accumulated wealth.
While riding high as a crypto bro, Bankman-Fried utilized his fortunes to finance both left-wing causes and Democrat candidates. During the 2022 midterms, he was the second-largest donor to Democrat candidates, spending roughly $37 million throughout the election cycle. Among the beneficiaries of his mega-dollar donations were left-wing political action committees, such as Protect Our Future, and the Democratic National Committee.
And while Bankman-Fried’s financial donations certainly deserve to be scrutinized, it’s also worth taking a glance at the numerous public figures, especially Democrats, who surrounded themselves with the former crypto tycoon over the years — as well as those who plan to do so in the near future.
Bill Clinton and Tony Blair...
In addition to both being former world leaders, Bill Clinton in the U.S. and Tony Blair in the U.K., these two men have ties to FTX. Back in April, Clinton and Blair participated in a panel hosted by Bankman-Fried at an event called 2022 Crypto Bahamas. According to Fox Business, Clinton was compensated for his appearance.
...
Rep. Maxine Waters..
In her role as head of the House Financial Services Committee, California Democrat Rep. Maxine Waters recently announced that the body will hold a hearing next month over FTX’s bankruptcy. Despite her attempts to look tough, Waters has declined to say whether candidates that received campaign donations from FTX should return such funds. Waters has also been pictured alongside Bankman-Fried in the past.
...
Obama CFTC Commissioner Jill Sommers..
Having been commissioner of the Commodity Futures Trading Commission under the Obama administration, Jill Sommers officially joined FTX’s Board of Directions back in September, saying in a statement that she was “honored” to help “advance the mission of reshaping market structure” in the country.
...
Janet Yellen, Mike Pence, Mark Zuckerberg, and Volodymyr Zelensky..
On Nov. 30, The New York Times is slated to host an event in New York City called the DealBook Summit, where Bankman-Fried is currently listed as one of its guest speakers alongside Biden’s Treasury Secretary Janet Yellen, former Vice President Mike Pence, Meta CEO Mark Zuckerberg, and Ukraine President Volodymyr Zelensky. The cost to attend the event is $2,499.
...
Anthony Scaramucci..
The former Trump White House communications director-turned-Trump critic — who subsequently helped launch a political action committee to get Joe Biden elected president — is also among those with financial connections to Bankman-Fried and FTX. Back in September, FTX purchased a 30 percent stake in SkyBridge Capital (also known as SALT), a global investment firm founded by Scaramucci in 2005.
Since FTX’s collapse, Scaramucci has held back strong criticism of Bankman-Fried’s handling of the situation, instead saying that he “would implore Sam and his family to tell the truth to their investors.”
...
Tom Brady..
It isn’t just high-profile Democrats and other political figures who have buddy-buddied up to Bankman-Fried. Among the most notable celebrities involved with FTX is NFL quarterback Tom Brady, who not only invested in the company but was also a brand ambassador alongside his ex-wife Gisele Bündchen.
...
Steph Curry..
Having been a brand ambassador for FTX, NBA star Steph Curry was among the numerous high-profile figures named in a lawsuit filed against the company on Tuesday. A prominent celebrity who’s previously endorsed Democrats Hillary Clinton and Joe Biden for president, Curry filmed a commercial promoting FTX that was released earlier this year.
...
Larry David..
Much like Curry, former “Saturday Night Live” star Larry David is among the notable FTX brand ambassadors named in a lawsuit for his role in promoting the platform. Earlier this year, the comedian appeared in an FTX commercial that aired during the Super Bowl.
Bird brains of a feather stick together.
In her role as head of the House Financial Services Committee, California Democrat Rep. Maxine Waters recently announced that the body will hold a hearing next month over FTX’s bankruptcy.
Despite her attempts to look tough, Waters has declined to say whether candidates that received campaign donations from FTX should return such funds. Waters has also been pictured alongside Bankman-Fried in the past.
Mega democrat, or megacrat. I do not lie these terms.
Shirley someone can do better?
P.S.
Don’t call me Shirley
The most amazing and unique aspect of USA is the ability to move up and down the social/economic ladder.
It still is..............................
Yes
FTX founder Sam Bankman-Fried opened a “bank” (a crypto exchange), accepted deposits of real money, helped himself to customers’ deposits without their knowledge, and then distributed mountains of cash to friends and, more importantly, Democratic coffers. Indeed, Bankman-Fried ranked as the Democratic Party’s second-biggest individual donor in the 2021–2022 election cycle, pumping an estimated $40 million into various Democratic campaigns and activist groups.
ACTION Among the evidence we seek
<><>all docs and communications among employees or agents of the DNC, and FTX donor list
<><>any and all references relating to the Biden Administration’s control, transfer, storage, or other handling of documents subject to FTX donations.
MUST INCLUDE ALL OF BIDENS MEMOS, NOTES, SNAIL MAIL, EMAIL, CALENDAR NOTES, OFFICIAL ORDERS WRT FTX DONATIONS.
All communications records between BIDENS office and RELEVANT PERSONS SUCH AS OBAMA, THE CLINTONS PELOSI, in connection with FTX.
The FOIA request should seek
all calendar entries,
phone messages,
text messages,
emails,
encrypted app chats,
letter correspondence
long-distance toll records
made from relevant dates.
Office of Information Policy (OIP)
U.S. Department of Justice
441 G St, NW, 6th Floor
Washington, DC 20530
E-mail: National.FOIAPortal@usdoj.gov
Same names we’ve already heard about. I wish we could get a complete list of the greedy fools who invested in this Ponzi scheme.
Sam Bankman-Fried and FTX Cronies Gave $300k
to House Committee Members Investigating Him
Bribed with Fried’s investors money, Fox ran a video
of Maxine Watters blowing kisses to mop head Fried.
Come on..... The Larry David commercial for FTX is very funny. My guess LD got ten million for this
https://www.youtube.com/watch?v=BH5-rSxilxo&t=1s
I think this was in the Super Bowl. NOT!!! It is 2.5 minutes long
.....”nor does he/she take a bribe against the innocent...”
Psalm 15:5
Mansion Maxine’: Joe Collins ran a campaign ad ripping mad Maxine Waters for not living in her district.. - Maxine does not live in her district. But I do. I was born right here in South L.A., in a place Maxine refuses to live,” Collins said.. “Maxine Waters does not drink our water. She does not breathe our air. And while she sits here in her mansion, our district is in ruins..
And why does not Maxine Waters want to live in her own district? Because she does not want to suffer the consequences of her own policies,” Collins says, pointing to spikes in deadly crime, a massive homeless population, and lacking education opportunities specifically for Latino and black school-aged children.
http://www.freerepublic.com/focus/f-news/3892756/posts
he went up and down.
Do some research on his foundation also. $190 million to “charities” that might be clawed back into the bankruptcy.
Going to stop some liberal/progressive causes.
Nice input.....thx.
What the hell is happening in/to our country?
Waiting for China Mitch’s name to come up.
Can’t wait to see the clawbacks......can Maxine wait?...... Smirk
In her role as head of the House Financial Services Committee, <<<<
lol.....I had to laugh right there.... I doubt she could balance a check book ....but anytime the Peter Principle is mentioned her picture should be the prime example..
Looks like a lot of Democrats involved. Expect this story to be swept under the rug. The story is Donald Trump according to the media.
Democrats SCRAMBLING to hide evidence linking them to FTX CEO Sam Bankman-Fried... the second-biggest individual donor to the Democrat Party, only surpassed by the $128 billion provided by Hungarian- billionaire George Soros. ..
FTX helped Democrats launder money for Ukraine.. kickbacks for the taxpayer money .. Democrats and RINOs were getting rich off of FTX..
https://citizens.news/676316.html
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.