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The allegation here is that the defunct crypto exchange FTX is integrally linked to the Democratic Party, born just a short time after Biden announced his Presidential run in 2019 (April announcement; May company founding).
Surrounding this crash: Democrat donors, the House of Representatives, The Clinton Foundation, Obama, World Economic Fund, and Stanford (associated with MKULTRA). Add in “pandemics,” risky investment instruments (hedge funds), and a political appointee moving to a convenient spot in the private sector.
Now add the mysterious tanking of the company just around the November midterms and the disappearance of the company owner, along with more than a billion in cash.
We further learn (from Reuters) that the company “had a ‘backdoor’ built into its accounting software by SBF [Bankman-Fried] which he used to move billions without triggering alerts to other staff, auditors etc.”
The platform also facilitated cryptocurrency donations to Ukraine (separate from official U.S. funding). Did these donations actually go to the Ukrainian people, or were they converted to cash then used for kickbacks?
Per the Washington Post:
“The website deepens an unprecedented tie-up between public and private sector forces in crypto. FTX is converting donations into fiat for deposit at the National Bank of Ukraine, a press release said. It described this relationship as a ‘first.’….The central bank is using donations to support ‘humanitarian aid programs’ as well as Ukraine’s armed forces, according to the website. ‘The people will continue their fight for freedom, but they need more ammunition and necessities,’ the website read.”
“The crypto billionaire and two of his deputies poured nearly $69 million into the 2022 midterm elections. That money may have been better spent shoring up his cryptocurrency exchange, which is now facing a liquidity crunch.”
“Another Bankman-Fried deputy, FTX’s Director of Engineering Nishad Singh, has spent $7.4 million this cycle, with most of that going to support Democrats, including roughly $2 million apiece to a pair of left-leaning super PACs: Women Vote! and SMP (Senate Majority Party).”