Chance (18 Dec 2022)
"Follow Up on Bankman-Fried of FTX"


 
Hello John and Doves,
 
Just for a bit of follow up on the Bankman-Fried/FTX disaster:
 
"A federal indictment was unsealed Tuesday alleging widespread fraud by FTX co-founder Sam Bankman-Fried...the indictment in U.S. District Court in Manhattan charges Bankman-Fried with eight criminal counts:  conspiracy to commit wire fraud and securities fraud, individual charges of securities fraud and wire fraud, money laundering, and conspiracy to avoid campaign finance regulations.  Prosecutors allege in the indictment that the former billionaire was engaging in criminal activity that began as far back as 2019 and continued through last month.  Bankman-Fried deliberately and knowingly "agreed with others to defraud customers of FTX.com by misappropriating those customers' deposits and using those deposits to pay expenses and debts of Alameda Research, the indictment alleges."
 
"Prosecutors also allege he conspired with others to make illegal donations to political candidates, using the names of other persons to mask and augment political giving."
 
"Bankman-Fried's arrest took the public and lawmakers by surprise.  The accelerated timeline suggests prosecutors have a high level of confidence in security a conviction, a legal exert told CNBC."
Sam Bankman-Fried charges unsealed: Conspiracy to defraud the U.S., wire and securities fraud, money laundering
 
This arrest certainly DID NOT take the public by surprise!  This fraud/money steal was HUGE!  But not surprised that his arrest took lawmakers by surprise - that would infer they thought these prosecutors were in their pocket.  I would bet that top Democrat politicians and the DNC were very much aware of what was going on.  And McConnell and McCarthy took donations too from Bankman-Fried.
 
Here's Maxine Waters commenting on his arrest - she's the one that blew him a kiss at a previous meeting.  "I am surprised to hear that Sam Bankman-Fried was arrested in the Bahamas at the direction of the United States Attorney for the Southern District of New York.." as her House Committee on Financial Services had a few questions for him. 
Maxine Waters Fumes Over Sam Bankman-Fried Arrest: 'Disappointed'
 
And Maxine Waters praised Bankman-Fried for his "candid" interviews.  (Oh, brother.)
Maxine Waters praises FTX founder Bankman-Fried for 'candid' interviews after billions go missing
 
To the corrupt Democrats and RINOs, Bankman-Fried is a hero or he was....  He was their second biggest donor after George Soros.
 
And Bankman-Fried said he may have been the second or third biggest GOP donor for 2022! (this is being refuted)  He said these donations were "dark" so no one would know.  We know McConnell and McCarthy took money from Bankman-Fried.  Money went to the McConnel's Senate Leadership Fund. 
Sam Bankman-Fried’s McConnell Money Tickle
 
Now Bankman-Fried has been hit with a class-action lawsuit by investors....and numerous others, even celebrities, are named in the lawsuit as "controlling, promoting, assisting in, actively participating in the offering "and sale of unregistered securities in the form of yield-bearing accounts to residents in the United States."
 
The illegal donations to campaigns amount to tens of millions of dollars.
 
Wonder if any political campaign will have to give the stolen money back?
 
Over $40 million went into the 2022 elections.  But what about all the elections in 2020, 2021?  And what about all the 'dark' money to the Republicans?
 
Personally, I think the DNC was in on this FTX scam from the get go.  And Bankman-Fried was their front man.
 
Now as to whether Bankman-Fried will actually be fined, sent to prison is another matter.  Depends on if he gets a Democrat judge/jury/etc.  And if they make their own rules. And if the prosecutors can stay out of 'somebodies' pocket...and if the prosecutors can dig deep enough to catch all the players involved.  And if the prosecutors will even touch the Ukraine part of this.  And it looks like the same Commission that is charging Bankman-Fried with crimes was directly affected by his lobbying. This really is HUGE.
 
And was there money laundering going on with FTX or Bankman-Fried involving the government of Ukraine?
 
"Samuel Bankman-Fried, the founder of failed cryptocurrency exchange FTX, allegedly laundered billions of dollars through Ukraine by setting up his company as the central clearinghouse fro all crypto donations to Kiev's war effort, according to the Gateway Pundit.  Democratic politicians sending aid to Ukraine would see their money come back in the form of donations through FTX, the outlet claimed.  FTX launched crypto donation platform Aid for Ukraine in March, setting itself up as the central clearing house for all cyrptocurrency donations to Kiev's war effort....Whatever funds the exchange had under management have presumably evaporated with the rest of its assets due to an alleged hack last week, and the exchange filed for bankruptcy on Friday.  The resulting chaos has sent crypto markets spiraling.  In addition to bankrolling political campaigns, Bankman-Fried spent millions lobbying to shape cryptocurrency regulations.  Democrats responsible for overseeing the Commodity Futures Trading Commission were particular targets for his largesse, and he is now under investigation by that same agency for moving $10 billion in client's assets off FTX to his hedge fund Alameda Research."
Failed crypto exchange was money laundering operation – report — RT World News
 
How much of the money Biden has sent to Ukraine has came back into Democrat/RINO politicians pockets?
 
The roots of this go deep into the rot of what involves huge sums of money.
 
And then after the trial and any convictions, Biden could give him a pardon or they could just Epstein him once he's in prison and tie up all the loose ends.  Or anything in between.  
 
This is definitely a case to watch.  It's being called "The biggest scandal in the world."  (Personally, I'd put it after Covid and the vaxx.)
 
Chance