The collapse of FTX has sent shockwaves across both the crypto markets and the political landscape…
Up until several days ago, FTX was one of the most prominent crypto exchanges in the world, and its founder, Sam Bankman-Fried, boasted a net worth of roughly $16 billion.
FTX’s troubles began when Bankman-Fried allegedly initiated a clandestine loan to one of his other exchanges, in an effort to bail out the troubled entity.
Since then, numerous developments have occurred that culminated in the collapse of FTX…
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In the wake of the collapse, some very troubling connections have surfaced and theories have emerged that highlight some troubling information.
It has been revealed that Sam Bankman-Fried’s mother, Barbara Fried, is reportedly the founder of a Democrat Super-PAC known as “Mind the Gap”, she is also allegedly involved in “Get Out the Vote”.
Sources allege that the overnight success of FTX is due largely in part to the Biden administration and did not occur organically.
Below is a snapshot timeline of events:
🔸April 25, 2019: Biden announces his presidential campaign.
🔸 13 days later, Sam Bankman-Fried, son of Barbara Fried (co-founder of political fundraising organizations), launches #FTX crypto exchange.
🔸 The exchange is an overnight success. SBF becomes biggest donor to Biden. pic.twitter.com/Jj4HnGUlLD— Whale (@WhaleChart) November 11, 2022
FTX was the 3rd largest political donor in 2021-2022 and lagged only behind the Uline corporation and the dreaded Soros Fund…
The crypto firm is alleged to have been used as a political money laundering operation in which ample amounts of capital were siphoned to, and between, both political parties and Ukraine.
As Jenna Ellis so rightly points out, there is really only one party at this point: the establishment…
Democrats AND Republican leadership all taking hundreds of millions in donations from FTX.
No wonder the whole Ukraine funding nonsense received such bipartisan support from the swamp. They were apparently using YOUR tax dollars to fund THEMSELVES.
The Uniparty is CORRUPT.
— Jenna Ellis (@JennaEllisEsq) November 14, 2022
Let me see if I understand this correctly:
Biden sends our tax money to Ukraine, Ukraine "invests" in FTX, FTX spends tens of millions helping Democrats get elected.
Basically, we're not just funding Biden's war in Ukraine. We're funding the Democrats' war on Americans.
— Shukri Abdirahman (@ShuForCongress) November 14, 2022
So Biden gave loads of money to Ukraine, who gave loads of money to FTX, who gave loads of money to Democrats.
Sounds like a potentially massive scandal the media will have absolutely no interest in covering.
— Seth Dillon (@SethDillon) November 14, 2022
ProCoin News provided more detail into the FTX collapse:
FTX’s troubles began way back in May with the collapse of Terra and Alameda’s exposure to Terra, Alameda is another crypto trading firm co-owned by Bankman-Fried.
In an effort to save the ailing Alameda, Bankman-Fried initiated a loan from FTX to bail out Alameda.
Soon, Investors and the wider public learned of the insolvency issues plaguing Alameda and began to withdraw their funds from Bankman-Fried associated projects.
Sensing weakness, and perhaps a golden opportunity, Binance announced that it planned to acquire FTX—further exacerbating worries among investors…
In response to this, FTX halted all customer withdrawals and since that time Binance has walked away from the deal following the discovery of a glaring hole in FTX’s balance sheet.
Sources are reporting a $9 billion imbalance in the assets of the now-bankrupt FTX. The FTX token—FTT was sent plummeting in response:
Facts:
Biden funded Ukraine.
Ukraine funded FTX.
FTX funded Democrats with millions.
This is known as “money laundering 101.”
— James Bradley (@JamesBradleyCA) November 14, 2022
So, Ukraine was a money laundering operation all along?
The West donated billions to the “war effort”
Zelenskyy invested that money into FTX
CEO of FTX is the 2nd biggest donor to the Democrats (after Soros).
FTX filed for bankruptcy.
Billions đź’° missing.pic.twitter.com/pWU2d3sE7J— Dcn Calvin Robinson (@calvinrobinson) November 14, 2022
Daily Caller lists some of the politicians Bankman-Fried was bankrolling:
The former FTX CEO personally donated to the Senate committee’s chairwoman, Democratic Michigan Sen. Debbie Stabenow, contributing over $20,000 to the Stabenow Victory Fund and $5,800 to her campaign for Senate.
Bankman-Fried donated roughly $6,000 to the committee’s ranking member, Republican Arkansas Sen. John Boozman, as well, and $5,800 to the ranking member of the Subcommittee on Commodities, Risk Management and Trade, Republican North Dakota Sen. John Hoeven.
Bankman-Fried is also a key funder of the Protect Our Future PAC, which primarily works to elect Democrats, bankrolling the group to the tune of $27 million this election cycle. The PAC spent over $1 million funding Democratic Ohio Rep. Shontel Brown, a member of the House Agriculture Committee.
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