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Cryptocurrency has been touted as an investment alternative for people who want to avoid the risks and swings of markets based on traditional forms of currency. Crypto investing is arguably risky because, aside from being based on buying and selling digital currencies that have no inherent value other than what investors think they do, it occurs within an industry that's largely unregulated. Nonetheless, crypto trading has become very popular, making companies and some individuals who specialize in its purchase and sale very wealthy. However, the crypto bubble may have recently burst because one of the world's largest crypto trading exchanges,...

A TikToker's theory about the couple's recent split has a lot of, shall we say, overlap with the crypto exchange crash. I’m not sure if the Pulitzer deadlines have passed, but I have a strong contender for the top investigative journalism honor: A TikTok user by the name Culturework has presented a very compelling theory connecting Tom Brady and Gisele Bündchen’s divorce with the fall of FTX. While I obviously cannot confirm the allegations made in the TikTok series, I am at the very least intrigued. Crucial to this story is the fact that Brady and Bündchen went hard in...

The company hired Curb Your Enthusiasm’s Larry David to pitch crypto to potential investors as a sort of anti-spokesperson, admitting he knew nothing about digital currency. The commercial closes with David rejecting FTX, with a voice-over warning that said: “Don’t be like Larry. Don’t miss out on the next big thing.” ... Tom Brady’s FTX investment began when he and his wife, Gisele Bündchen, bought an undisclosed equity stake in FTX in June 2021.... But after news broke on November 3 that FTX could be facing a liquidity crisis, investors scrambled to withdraw their holdings, demanding withdrawals worth $6 billion....

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...

If you have any public, private, back channel, underground text chains or "friend groups" that might push this out, we gotta fast track the awakening of "normies" - as James Carville famously quipped "It's the economy, stupid." When people find out they've tried to kill their kids AND bankrupt them - it’ll be game over! This ONE story shines a bright light on the entire corrupt ball of wax! 🙏🇺🇸

Canada's Ontario Teachers' Pension Plan said on Thursday it will be writing down about $95 million of investments it had made in bankrupt cryptocurrency exchange FTX Group by the end of the year.

The Missouri State Employees’ Retirement System lost between $800,000 and $1 million because a private equity firm it invested in was invested in FTX, the embattled cryptocurrency exchange that filed for bankruptcy last week. https://www.aol.com/news/missouri-state-pension-system-lost-193325945.html

VIDEOStrange that nobody seemed to pick up on the obvious. Namely that Sam the Scam Bankman-Fried was giving off such strong fraud vibes that they were actual vibes in the form of very visible vibrations of the arm and leg. If you are playing poker with Sam the Scam you would have absolutely no problem detecting his Tell that he is bluffing. Yet Sam the Scam somehow was able to bluff many celebrities despite the obvious fraud Tell.

Sam Bankman-Fried and executives at his cryptocurrency firm contributed hundreds of thousands of dollars to members of the House committee that will hold hearings next month on the company’s collapse. Bankman-Fried and his co-founders at FTX contributed $300,351 to nine members of the House Financial Services Committee, according to Federal Election Commission records. Some of the largest contributions were to Democrats on the committee’s Digital Assets Working Group, which worked on regulation of the crypto industry. Rep. Maxine Waters (D., Calif.), who chairs the committee, announced a probe this week into FTX’s collapse after the company declared bankruptcy, wiping out...

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher called for people to “rally the normies, which we now realize are still most of us,” after the 2022 midterm elections, and push back against extremes on the left and the right with “grand bargains” like people on the right conceding voter fraud “doesn’t exist” “and liberals will admit that getting a picture I.D. is not a Herculean burden that minorities can’t manage like everybody else, and which most don’t even object to.”

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher reacted to former FTX CEO Sam Bankman-Fried’s donations to Democrats by stating that the FTX situation is a case where people thought, “as long as you’re on our team, we don’t care,” and the situation “has a very Epstein feel” where the thinking was “He’s one of us, he’s on our side, he donates to our causes, we don’t need to look too hard into the fact that he’s a con man.”

VIDEOTom Brady had it ALL... Until he got hooked up with Sam the Scam Bankman-Fried of FTX. Now it seems to be all gone. His super model wife, his friends that he hyped FTX to, much of the public for the same reason, his reputation, and, above all for him, his yuuuuuuge fortune. The FTX scandal will follow him forever. There is NO ESCAPE.So just how pissed off is Tom Brady right now with Sam the Scam? Pissed off enough that I bet he would eagerly go three rounds with him in a UFC event. Yeah, part of his motivation...

A series of revealing texts and tweets by Sam Bankman-Fried, the disgraced CEO of FTX, the once high-flying but now belly-up crypto exchange, had the following to say about his image as a do-gooder: it is a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.” Very interesting. He had the whole game going: a vegan worried about climate change, supports every manner of justice (racial, social, environmental) except that which is coming for him, and shells out millions to worthy charities associated with the left. He also bought plenty of...

Bankman-Fried delivered a maximum donation to Rep. Hakeem Jeffries, D-N.Y., the current House Democratic Caucus chairman FTX founder and CEO Sam Bankman-Fried donated the maximum amount an individual can give to a candidate to House Speaker Nancy Pelosi's, D-Calif., likely successor. Bankman-Fried made a contribution worth $5,800 to Rep. Hakeem Jeffries, D-N.Y., in July 2021, according to Federal Election Commission (FEC) data. While the amount was relatively tiny compared to the roughly $38 million the crypto entrepreneur funneled to candidates and political action committees (PAC) ahead of the midterm elections, it represented the maximum contribution an individual is allowed to...

Disgraced FTX founder Sam Bankman-Fried is scheduled to speak at an exclusive conference hosted by the New York Times alongside Ukrainian President Volodymyr Zelensky and US Treasury Secretary Janet Yellen. The DealBook Summit, sponsored by Accenture, will be held at Jazz at Lincoln Center in Manhattan on Nov. 30 and features speeches from supposed luminaries such as Mark Zuckerberg, Mayor Eric Adams, former Israeli Prime Minister Benjamin Netanyahu, and former Vice President Mike Pence. The fee to attend the conference is a whopping $2,499, according to DealBook Summit’s website. A ticket includes mainstage conversations, VIP Networking Sessions, Breakfast and Lunch...

Provident Bancorp in Amesbury, Massachusetts, is grappling with a sizable cryptocurrency hit that it expects will result in a third-quarter loss. The $1.8 billion-asset bank this week delayed its latest earnings filing but estimated a third-quarter loss of $27.5 million related to loans to a cryptocurrency miner. That would compare with net income of $5.1 million reported for the third quarter of 2021. Provident cautioned in a regulatory filing Tuesday the official loss could exceed its estimates. It cited the highly publicized meltdown of the cryptocurrency mining industry in recent months. The "volatility in Bitcoin and rising energy costs called...

The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way. Last night, Sam Bankman-Fried DMed me on Twitter. That was surprising. I’d spoken to Bankman-Fried via Zoom earlier in the summer when I was working on a profile of him, so I reached out to him via DM on November 13, after news broke that his cryptocurrency exchange had collapsed, with billions in customer deposits apparently gone. I didn’t expect him to respond — typically, people under investigation by both the Securities and Exchange Commission and the Department...

As most are well aware by now, the disgraced founder of FTX Sam Bankman-Fried was the Democrat party’s second-largest donor just behind George Soros. As reported by The Gateway Pundit, in the 2020 presidential election, Bankman-Fried dished millions to the Biden campaign and followed it up by handing out over $40 million dollars to democrats in the 2022 primaries and midterms. Forbes reported last year that Bankman-Fried also donated to six RINOs who voted to impeach President Trump. Forbes reported : Since July, Bankman-Fried has made $5,800 contributions, the maximum individuals can give directly to Congressional campaigns, to the committees...

Sam Bankman-Fried was allegedly directed by Bahamas regulators to gain unauthorized access to his collapsed crypto platform after quitting as CEOFTX made the bombshell claims in an emergency legal filing in the US Bankruptcy Court in Delaware on Thursday Bankman-Fried was accused of 'hacking' FTX systems to transfer digital assets to Bahamas government while he was 'effectively in custody'SEC chair Gary Gensler is now under scrutiny over his failure to prevent the implosion of FTX The collapsed cryptocurrency exchange platform FTX claims former CEO Sam Bankman-Fried 'hacked' its systems after filing for bankruptcy to transfer 'digital assets' to Bahamian regulators.FTX...

Newly appointed FTX CEO John Ray III...wrote that part of his remit would be to implement controls and basic corporate standards such as "accounting, audit, cash management, cybersecurity, human resources, risk management, data protection and other systems that did not exist, or did not exist to an appropriate degree, prior to my appointment."