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DOJ investigating alleged multi-million dollar hack of cryptocurrency FTX
Just the News ^ | Updated: December 27, 2022 - 6:31pm | Ben Whedon

Posted on 12/27/2022 5:42:36 PM PST by E. Pluribus Unum

The Department of Justice is reportedly investigating an alleged hack of the cryptocurrency exchange FTX that resulted in the theft of $372 million from the firm just after it filed for bankruptcy.

New FTX CEO John J. Ray III previously stated that the firm had witnessed "unauthorized access" to its assets, prompting the DOJ inquiry, according to the Washington Examiner. The DOJ has thus far been able to freeze only a small portion of the stolen digital assets.

Ray has been a vocal critic of the company's prior management, telling Congress that the company was utterly devoid of meaningful oversight and risk-assessment safeguards to prevent its collapse.

"The issue here I was speaking to is I've never seen an utter lack of record keeping, absolutely no internal controls whatsoever," he said. "It's really unprecedented in terms of the lack of documentation."

The cryptocurrency exchange suffered a sudden collapse in November when many of its investors simultaneously attempted to withdraw their stakes from the firm, rendering it unable to fully remunerate them. Reports quickly emerged of missing assets and alleged fraud.

FTX founder Sam Bankman-Fried is currently under house arrest at his parents' California home after posting assets to gain his release against a $250 million bail. He faces a litany of federal charges.

His business associates, former Alameda Research CEO Caroline Ellison and FTX cofounder Gary Wang, meanwhile have both pleaded guilty to criminal fraud charges and are cooperating with prosecutors.

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


TOPICS: Crime/Corruption; Front Page News; Government; Politics/Elections
KEYWORDS: ftx
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To: E. Pluribus Unum

Some intelligence dudes pulling out their money.

DOJ covering it up behind them…


21 posted on 12/27/2022 6:41:43 PM PST by Magnatron
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To: Organic Panic

Hack? Like with a cloth?

Xxxxxxxxxxxxxxxxxxxxxxxxx

Hack like a loogie


22 posted on 12/27/2022 6:45:33 PM PST by thinden (buckle up ....)
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To: E. Pluribus Unum

Investigate? Like a Biden laptop? Sure, uh-huh.


23 posted on 12/27/2022 6:49:44 PM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: dadfly

And money is the fertilizer of evil


24 posted on 12/27/2022 6:53:08 PM PST by algore
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To: E. Pluribus Unum

I’ll take “Inside Jobs” for $400, Alex.


25 posted on 12/27/2022 6:54:19 PM PST by dfwgator (Endut! Hoch Hech!)
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To: Magnatron
The game was Ukraine aid from the US Treasury sent to Ukraine, then put into Cryptocurrency (unregulated) and 40% kicked back to the Beltway. That's what funded the election rigging by the DNC, democrats, Biden Administration, and paid off the DOJ and its covert activities.

The next question is, "where do they launder next?"

26 posted on 12/27/2022 6:54:56 PM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: E. Pluribus Unum

It’s funny how FTX blew up just after the Midterms. I’m sure it’s purely coincidence.


27 posted on 12/27/2022 7:07:29 PM PST by Flick Lives (Cui bono)
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To: E. Pluribus Unum

There was no hack.
But the media will pretend.


28 posted on 12/27/2022 7:20:37 PM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: E. Pluribus Unum

HUNTER BIDEN

BIDEN CRIME SYNDICATE.

DOJ.

2019 - nothing.


29 posted on 12/27/2022 7:23:31 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: E. Pluribus Unum

Having the DOJ on this is like putting the fox in with the chickens


30 posted on 12/27/2022 7:25:07 PM PST by llevrok (Pronouns: Me/myself/& I)
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To: E. Pluribus Unum

This wasn’t a hack. This was a withdrawal to pay bribes to get himself off the hook.


31 posted on 12/27/2022 7:54:53 PM PST by FrankRizzo890
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To: algore

especially fiat money.


32 posted on 12/27/2022 8:16:56 PM PST by dadfly ( )
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To: laplata
You nailed it perfectly.

The US Government is a Criminal Enterprise.

You forgot 10% for the big guy.

Circa 1971 I lived in Venezuela for a couple of years. It was totally corrupt but capitalistic. But oddly no less corrupt than our nation today and thus lies the danger. It had the greatest living standard in South America even though corrupt. The corruption drove the Venezuelan voters to vote for Chavez a Marxist. He did win this election legitimately. All elections post this election are fraud.

Today, Venezuela is a hell hole of grief and sorrow of Marxism.

There is a bridge between Venezuela and Columbia at Cucuta. I crossed it often in travels to Columbia. Back then it was just an ordinary bridge of no consequence. Of recent I have seen that bridge with pictures of just ordinary people leaving Venezuela for a better life. When a cross that bridge what the women (good women) must do to sustain their selves and children is an obscenity of circumstance. Their men do their best also. I is about survival. This is just history repeating itself.

This is not criticism of Columbia.

33 posted on 12/27/2022 9:18:42 PM PST by cpdiii (CANE CUTTER-DECKHAND-ROUGHNECK-OILFIELD CONSULTANT-GEOLOGIST-PILOT-PHARMACIST)
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To: E. Pluribus Unum

It is not complex. Where did the money come from and where did it go? Of this we do not know.

Of more importance does our Justice Department want to know the answer? To save you these ponders, they do not! When you are in bed with a whore it is difficult to explain to your wife.

Again, my apologizes to working ladies who earn an honest living. To compare them to the justice department is a true insult to their honest capitalist endeavors.


34 posted on 12/27/2022 9:38:04 PM PST by cpdiii (CANE CUTTER-DECKHAND-ROUGHNECK-OILFIELD CONSULTANT-GEOLOGIST-PILOT-PHARMACIST)
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To: cpdiii

Thanks for sharing that. Never have we faced such all-encompassing evil. Never.


35 posted on 12/27/2022 11:07:06 PM PST by laplata (They want each crisis to take the greatest toll possible.)
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To: E. Pluribus Unum

These people REALLY BELIEVE we are this stupid to believe this utter hacking BS!! Epstein killed himself LOL, LOL, LOL, Seth Rich was just robbed with NOTHING TAKEN!!!


36 posted on 12/27/2022 11:18:17 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: laplata
Never have we faced such all-encompassing evil. Never.

That’s certainly possible, considering how much we’re seeing. However, it’s also possible we’ve just never been so aware of it before, as alternative media and communications have helped lift the veil.

Either way, what matters now is how people respond to the evil that’s been exposed. Will they actually stand up and do something, themselves, or just place all their hope in others, like Trump, or Q, etc, that may not actually be who or what they think they are.

As a young man, I was told by a small town preacher to not trust anyone on TV, no matter how good they may appear. To get there, he believed, they had to have sold their soul in one way or another. He didn’t speak this in front of everyone, but only privately to me during a deep discussion of the world and its ways.

i didn’t believe him, at the time, and even told him it was too much to accept. I rarely thought of it, even, for many years. Until about the time the W presidency started coming to an end. I started to see things differently. Now, I often wonder if that preacher was right.

37 posted on 12/27/2022 11:20:08 PM PST by Golden Eagle (The LGBT indoctrination agenda is designed to outlaw the Bible, and anyone who follows it.)
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To: E. Pluribus Unum

The DOJ is investigating a crypto hack?

I believe this is the first time

It’s almost as if someone hacked the mobs crypto piggy bank


38 posted on 12/28/2022 5:33:34 AM PST by sten (fighting tyranny never goes out of style)
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To: sten

And they could use this to investigate all other cryptocurrencies!

Commit a crime, then investigate the people who didn’t do it!


39 posted on 12/28/2022 6:28:24 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████.)
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To: E. Pluribus Unum

If they stole any bitcoin you can trace once it resurfaces. There is no way to spend stolen bitcoin without it being discovered in the blockchain.


40 posted on 12/28/2022 6:34:35 AM PST by Jumper ( )
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