Tag: cryptocurrency

Here Are The Democrats And Republicans Who Received Campaign Cash Linked To Bankrupt Crypto Empire FTX

Democrats heavily benefited from the campaign contributions of disgraced cryptocurrency billionaire and FTX CEO Sam Bankman-Fried, while other affiliates of the company likewise helped Republicans ahead of the company’s failure last week.

FTX filed for bankruptcy on Friday after users discovered that firms controlled by Bankman-Fried were allegedly fraudulently intertwined, causing him to lose his fortune overnight. The young multibillionaire contributed nearly $39 million during the recent midterm elections, with 99.6% of funds benefiting Democratic candidates, according to data from Open Secrets, which listed him as the nation’s sixth-largest individual midterm donor.

The 30 year old donated $27 million to Protect Our Future PAC, a left-leaning group which in turn spent heavily on behalf of Democratic candidates for the House of Representatives. A contribution of over $10 million from Protect Our Future PAC benefited Carrick Flynn, who lost his Democratic primary in Oregon. Other beneficiaries included Rep. Lucy McBath (D-GA), Rep. Shontel Brown (D-OH), Rep. Robert Garcia (D-NC), and Rep. Valerie Foushee (D-NC), all of whom won re-election.

Bankman-Fried also contributed $1 million to the Senate Majority PAC, which supports Democratic candidates for the Senate, and $6 million to the House Majority PAC. During the 2020 election cycle, he was the second-largest donor to the Biden campaign.

Bankman-Fried directly supported a number of individual candidates as well. Two such candidates, Rep. Kevin Hern (R-OK) and Rep. Jesus “Chuy” Garcia (D-IL) donated their respective $5,000 and $2,900 contributions to charity after FTX filed for bankruptcy, according to a report from The Block.

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Crypto Developer Found Dead Hours After Claiming CIA/Mossad Were Sex Trafficking In Caribbean

A young crypto developer and millionaire was found dead just hours after making disturbing comments about the CIA, Mossad, and pedophile elites on Twitter.

Nikolai Mushegian, a prominent figure in the cryptocurrency world, claimed intelligence agencies like the CIA and Mossad were operating a “sex trafficking entrapment blackmail ring” in the Caribbean.

“CIA and Mossad and pedo elite are running some kind of sex trafficking entrapment blackmail ring out of Puerto Rico and caribbean islands. They are going to frame me with a laptop planted by my ex gf who was a spy. They will torture me to death,” Mushegian posted to Twitter on October 28 at 4:57 AM.

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Collapsed crypto trading firm CEO was 28-year-old, Harry Potter obsessed ‘polycule’ member

As the implosion of crypto exchange FTX continues, new claims about the “gang of kids” responsible for the $US32 billion disaster are emerging — with allegations of amphetamine use and a freewheeling, 10-person “sexual polycule” inside the luxury Bahamas penthouse that served as the doomed operation’s headquarters.

Sam Bankman-Fried, 30, is now facing criminal investigation in the Bahamas, as well as regulatory probes in the US, over the collapse of FTX and around 130 affiliated entities, including controversial trading firm Alameda Research.

Attention is now turning to the central role of Alameda and its CEO Caroline Ellison, 28 — Mr Bankman-Fried’s rumoured sometimes-girlfriend — a Harry Potter obsessed, amphetamine-using, Stanford mathematics graduate.

FTX is alleged to have secretly transferred up to $US10 billion of customer funds to Alameda to fund risky cryptocurrency trades prior to its collapse.

According to a bombshell report by CoinDesk, Ms Ellison and Mr Bankman-Fried were part of a “cabal of roommates” who ran the crypto empire and “dated” each other, while living in a $US40 million penthouse in the Bahamas’ exclusive Albany resort.

Many of the 10 roommates, including Ms Ellison, are Mr Bankman-Fried’s former co-workers from trading firm Jane Street, while others he met at the Massachusetts Institute of Technology.

Also living in the house were FTX co-founder and chief technology officer Gary Wang and director of engineering Nishad Singh. “All 10 are, or used to be, paired up in romantic relationships with each other,” CoinDesk reported.

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REVEALED: CEO of cratering crypto firm FTX is Dems’ second largest donor, behind Soros

Sam Bankman-Fried, the CEO of crypto exchange company FTX, and the second biggest donor to the Democrat party, is in hot water as his company is in financial freefall with over $1 billion missing.

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.”

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Tens of Billions of US Dollars Were Transferred to Ukraine and then Using FTX Crypto Currency the Funds Were Laundered Back to Democrats in US

Did you ever wonder where all those billions of dollars were going in Ukraine?  Did you ever wonder why anyone was trusting the elites in US politics like the Bidens with billions in funds going to Ukraine? 

Today it turns out that these were excellent questions.  

We have information that the tens of billions of dollars going to Ukraine were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency.  Now the money is gone and FTX is bankrupt. 

Earlier today we reported that the FTX cryptocurrency appeared to be used in a ponzi scheme involving the Democrats and Ukraine.

As reported earlier, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms.

Sam Bankman-Fried is Biden’s second biggest donor.

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FTX founder and two senior execs are ‘under observation by authorities’ holed-up in luxurious Bahamas resort owned by Tiger Woods and Justin Timberlake – as they ‘plot escape to non-extradition safe haven Dubai’

The founder and former CEO of collapsing crypto trader Sam Bankman-Fried is said to be holed up with members of his inner circle in the Bahamas while his empire collapses around him. 

Bankman-Fried, 30, resigned from FTX on Friday, as the crypto exchange filed for bankruptcy and reports emerged that up to $2 billion in client funds had vanished from the company’s books in recent weeks. 

According to Coin Telegraph, the disgraced former CEO is holed up at the Albany Tower alongside FTX co-founder Gary Wang and the company’s director of engineering Nishad Singh. 

It’s not clear if Wang, who is FTX’s Chief Technology Officer, and Singh, the company’s director of engineering, have also resigned their positions at the crypto trader.

A source told Coin Telegraph: ‘Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas. Which means it will be hard for them to leave.’

The same source said that it was Bankman-Fried’s plan to escape to Dubai in the United Arab Emirates, a country with no extradition treaties, as the walls close in around him. 

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