FTX CEO Who Stole Billions in Crypto Ponzi Scheme Is DEMOCRATS’ Second Largest Donor After Soros
By The Geller Report
CEO of cratering crypto firm FTX is Dems second largest donor after Soros. The Democrats are the world’s largest criminal racket. At least a billion of customer funds have vanished from failed crypto firm FTX.
REVEALED: CEO OF CRATERING CRYPTO FIRM FTX IS DEMS’ SECOND LARGEST DONOR, BEHIND SOROS
Sam Bankman-Fried made donations to the Dems that totaled $39.8 million, putting him just behind George Soros and his $128 million in donations.
By: The Post Millenial,
According to Fortune, “30-year-old Bankman-Fried has been a major force in Democratic politics, ranking as the party’s second-biggest individual donor in the 2021–2022 election cycle.”
Bankman-Fried made donations to the Dems that totaled $39.8 million, putting him just behind George Soros and his $128 million in donations.
He had even promised to spend more money on Dems in the future, saying he could go “north of $100 million” with a “soft ceiling” of $1 billion for the 2024 elections.
Bankman-Fried was a significant donor to Biden in 2020. He’s the largest financial contributor to the Protect Our Future PAC, “the political action committee which endorsed Democratic candidates such as Peter Welch, who this week won his bid to become Vermont’s next senator, and Robert J. Menendez of New Jersey, who secured a House seat.”
As Bloomberg reports, Bankman-Fried had his net worth go from $15.6 billion to $1 billion in “the biggest one-day collapse it had ever seen among billionaires.”
It is expected that Bankman-Fried will go bankrupt in the face of a liquidity crunch and the abrupt change in financial status.
Reuters reports that FTX lost at least $1 billion of customer funds and that the money “vanished” casing federal regulators to look into the company. The investigation is to determine the extent of harm to clients and what laws FTX may have broken.
Jordan Schachtel tweeted, “Sam Bankman-Fried attempted to monopolize an entire industry and deploy it into the hands of the ruling class. His Ponzi blew up spectacularly after a successfully executed speculative attack. The demise of FTX should be a cause for celebration.”
Sam Bankman-Fried attempted to monopolize an entire industry and deploy it into the hands of the ruling class.
His Ponzi blew up spectacularly after a successfully executed speculative attack.
The demise of FTX should be a cause for celebration.
— Jordan Schachtel @ dossier.substack.com (@JordanSchachtel) November 11, 2022
New York, Nov 11 (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters.
A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.
First, read this whole thread:
1. FTX did not have a board of directors. pic.twitter.com/OdkgfkUHsk
— Genevieve Roch-Decter, CFA (@GRDecter) November 12, 2022
1/ Fun fact 1: A 30-year-old named Sam Bankman-Fried (SBF) owned a huge cryptocurrency broker called FTX.
Fun fact 2: FTX just went under, and billions of dollars in customer deposits seem to be missing.
Fun fact 3: SBF gave over $50 million (!) to Democrats in 2020 and 2022… pic.twitter.com/uPq74qmCTF
— Alex Berenson (@AlexBerenson) November 12, 2022
LOL. The same people saying our elections are secure took millions in campaign cash from one of the largest ponzi schemes in history.
— thebradfordfile (@thebradfordfile) November 12, 2022
Democrats funded their candidates with a ponzi scheme and the media is going to completely ignore this element of the jaw-dropping crime.
— thebradfordfile (@thebradfordfile) November 12, 2022
8. FTX is a World Economic Forum “partner” pic.twitter.com/vIyIOtzH6V
— Genevieve Roch-Decter, CFA (@GRDecter) November 12, 2022
OH YES OF COURSE.
WEF endorses FTX
The faster you realize all leftist virtue signaling scams are simply marxism Pyramid Schemes meant to hurt you the faster you will wake up. pic.twitter.com/UWXvQTS2kk
— Benny Johnson (@bennyjohnson) November 12, 2022
The media coverage of the FTX ponzi scheme would be a lot different if the donations were to Republicans.
— thebradfordfile (@thebradfordfile) November 12, 2022
FTX is the catalyst for govt. regulation of crypto.
Just watch.
— John Cardillo (@johncardillo) November 12, 2022
AUTHOR
Pamela Geller
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REVEALED: CEO of cratering crypto firm FTX is Dems’ second largest donor, behind Soros
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