“Bankman-Fried – the second biggest donor to Democrats behind George Soros – has all but admitted that he squandered billions of dollars of other people’s money carelessly”
Sam Bankman-Fried is the Democrat mega-donor at the center of the FTX crypto-currency scandal. This situation has been compared to the Bernie Madoff scandal by various people in finance and media. So where’s the arrest? Where is the pre-dawn raid?
Remember during the Trump presidency when we were sometimes treated to pre-dawn raids on Trumpian figures like Roger Stone, complete with CNN cameras rolling? Why is this different?
QTR’s Fringe Finance writes at Substack:
Why Isn’t Sam Bankman-Fried In Handcuffs Yet?
To be honest, it’s kind of hard to try and entertain the innuendo and rumors that Democrats and the media are working to do damage control on behalf of Sam Bankman-Fried, the founder of now-bankrupt crypto exchange FTX, because the idea is just so reprehensible.
But they sure do keep giving us ammunition to make that suggestion, don’t they?
Bankman-Fried – the second biggest donor to Democrats behind George Soros – has all but admitted that he squandered billions of dollars of other people’s money carelessly, writing “I fucked up” on Twitter in a mea culpa about two weeks ago, days after a run on his exchange exposed it to be a shell of what many perceived it to be.
Institutional investors in FTX have written their stakes in the firm to $0…
Now widely accepted by the public and most in the financial industry to have committed a massive $30 billion fraud that has spawned innumerable comparisons to Madoff and Enron, it’s unclear to me what more of an admission of guilt is needed to extradite Bankman-Fried to the United States and place him under arrest.
Is this about Bankman-Fried’s powerful friends? You know, the politicians who benefited from his donations?
Aaron Kliegman writes at Just the News:
It’s who you know: The intricate web linking FTX, Sam Bankman-Fried, Dems and DC establishment
The collapse of cryptocurrency giant FTX has revealed an intricate web of donations and connections to the country’s political establishment — Democrats and Republicans, regulators and academics — centered around the company’s now-bankrupt founder, Sam Bankman-Fried…
Rep. Maxine Waters (D-Calif.), for example, has been pictured meeting with Bankman-Fried on multiple past occasions, both smiling with their arms around each other. She also traveled in April to the Bahamas, where FTX is based and Bankman-Fried lives, to discuss cryptocurrency among other agenda items. In December, she appeared to blow a kiss at Bankman-Fried as he was leaving the Capitol building after testifying before Congress.
Last week, Waters announced the House Financial Services Committee, which she chairs, will hold a bipartisan hearing next month to investigate the collapse of FTX and the broader consequences for the digital assets marketplace.
Maxine Waters posed for pictures with this guy.
Maxine Waters is chairing the investigation into FTX.
SBF was 2nd largest donor to Democrats behind George Soros. pic.twitter.com/vq5W32KBaB
— Truth We The People ™ (@TruthWeThePeop1) November 18, 2022
Does anyone on the planet believe that Bankman-Fried would be spared a public arrest on CNN if he was a major donor to the Trump campaign?
SBF still not raided for the largest financial crime in history, but they raided Trump for memorabilia.
— thebradfordfile (@thebradfordfile) November 18, 2022
Democrats are more interested in Trump’s taxes and what Elon Musk is doing with Twitter than they are in the biggest financial scandal in years.DONATE
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