Society's Child

Failed crypto exchange FTX was money laundering operation - report

RT
Mon, 14 Nov 2022 10:19 UTC

FTX took in millions in donations for Ukraine but allegedly re-routed sums back to US politicians, according to Gateway Pundit.

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 for 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 cryptocurrency donations to Kiev's war effort. While the exchange was supposed to route those donations to the National Bank of Ukraine, the report suggests it funneled at least some of the money back to the US through political donations. Bankman-Fried was the second-largest donor to the Democratic Party for the midterms, pouring some $38 million into candidates' coffers in 2022 alone.

The Ukrainian government had already received over $60 million in crypto donations as of March. FTX did not publish the amounts subsequently taken in, but other fundraising campaigns on Kiev's behalf have been hugely successful - Star Wars actor Mark Hammill raised enough funds to buy 500 drones in a single month, for example.

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 assets off FTX to his hedge fund Alameda Research.

While Bankman-Fried's private jet has been tracked to Argentina, the disgraced billionaire insisted on Saturday that he was still in the Bahamas.

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Reader Comments

sass · 2022-11-14T11:15:56Z

Lol.. clown world wins again - again!

Wow, amazing the empty vessels roaming the planet who put up with all this sh1t, lol. Not even their precious guns will help them, lol.

danny esq · 2022-11-14T14:19:08Z

Precursor for cashless.

Keep "digital currency" relevant.....somehow....maybe disguise the media as a circus tent.....

Keep flogging that dead horse.

Suspect · 2022-11-14T14:24:09Z

Is anybody really surprised that a Jewish billionaire CEO turned out to be a crook? To be fair, he's just doing what the rest are doing with Ukraine funds and donations.

Apparently he has donated more money to liberals in the US than anyone, second to George Soros.

Lemuel Gulliver · 2022-11-14T14:58:46Z

Suspect Hopefully he planted a few trees in Israel or bought some guns for the IDF to shoot Palestinian children with. [Link] However, your observations are precisely correct. His jet may be in the Bahamas, but himself is probably in Israel, from where he will never be extradited: [Link]

Psstoffgoy · 2022-11-14T17:49:17Z

Lemuel Gulliver And to think there are many many people afraid to even say the “J” word while the filthy fuckers are stealing their pension, savings and hard work right out from under their nose, amazing!

Suspect · 2022-11-14T23:57:02Z

Lemuel Gulliver He may have some palestinian trees cut down! Or some palestinian settlements bulldozed and the land stolen. That's the thing his kind is really good at, stealing. It's as if some people sat around planning how to steal everything they could for a couple thousand years and passed the strategies down while perfecting them.

Ethan · 2022-11-14T14:40:39Z

All that money could've been used for something else. Dang.

Shangri · 2022-11-14T17:59:27Z

Ethan ....thats also what "they" thought.

uSAf-67 · 2022-11-14T19:28:13Z

Ethan It was. To enrich the coffers of those who wanted it so as to collapse.

uSAf-67 · 2022-11-14T19:26:37Z

It's not like he didn't know about it since he volunteered to be just part of its collapse.....willingly.

Lemuel Gulliver · 2022-11-14T20:24:50Z

uSAf-67 Psstoffgoy Ethan Shangri sass Here's the explanation, entitled, " We, the Destroyers ," from the mouth of a Jew himself: [Link] And 2 minutes, video from the mouth of another Jew: [Link]

Lemuel Gulliver · 2022-11-14T20:34:27Z

Another link: " The Jewish Mafia is THE Mafia " - [Link] Excerpt:

"The underworld can consist of men who are of any race or religion, but by far the most powerful men in the underworld are in fact Jewish or Israeli. Some of the absolute kings of the international criminal world hold duel Israeli citizenship.This is very important because if things get out of hand they can always flee to Israel because Israel’s extradition policy makes it impossible to bring criminals back to the host country where the alleged crimes were committed in. They can simply disappear. Read any of the countless biographies of major criminals. So-and-so became a drug king pin, but it is okay because their family experienced some kind of anti-Semitism. Many astute “researchers” have pointed out that there is a considerable amount of energy put into making the public focus on the Italian connection to organized crime. That is why they play The Godfather and Analyze This every night on cable TV .

" But the Italian Mafia is fading away and has been for some time. For the most part their perceived power is now the product of Jewish Hollywood fantasy. The media pins the blame on the dreaded “Russian Mafia”. There is always a false name to hide behind. It is “The Oligarchs” who looted Russia. It is the “Neoconservatives” who attacked Iraq and so on. But it is simply the Jews. But it goes way beyond this, who is the real power behind any of the world’s nationalist sounding “Mafias?” “The Colombian Cartels.” “The French Connection”. Obtain photos of the “Columbia crime lords” who are they? Who control the sex slave trade? Who is most involved in organ trafficking? Who runs gambling and prostitution? Who owns and distributes all the alcohol? The insider stock trading? Who has the information? Weapons trade of all kinds? Pornography? All of the media and news content is now under the control of about five or six old Jewish men. Is that even an exaggeration at this point? If the “researcher” digs deeply they will find that international crime is almost solely dependent on Jewish Money Power to run."

TBoris · 2022-11-14T21:03:00Z

Lemuel Gulliver Thanks for the links!

Psstoffgoy · 2022-11-15T09:23:20Z

Lemuel Gulliver Thanks, I was made aware of this years ago, I think from Dr. William Pierce, they gave him every label they could think of.

You’re either with us or against us. George H & W Bush, Kissinger, Brzezinski were not available for comment.

VooDoo6

It gets cold in the winter and hot in the summer, get over it. Grow up and stop supporting fear porn, ok? K.

tekdude

Nothing to see here. Democrats, the ones who brought us slavery now have new slaves...the brown ones. American birth rates are down, so they want...

Bezel Bub

Re.: The brawl. I don't understand the language but I like to think that some personnal opinions were exchanged that are not officially permitted....

Demore

i took a deep dive into the numbers last month based on professor lockdowns imperial college of londons "model of doom".. here's what i found.....

owenowenowen

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Failed crypto exchange FTX was money laundering operation - report

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