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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Dem Megadonor Under Federal Investigation Bankrolled Lawmakers Overseeing The Agency He Was Lobbying

Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying.

Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his  exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.

The CFTC is charged with regulating certain elements of the crypto marketplace, including digital assets that are commodities as well as crypto exchanges and clearinghouses. The agency is overseen by the Senate and House Agriculture Committees, with the former tasked with approving CFTC commissioners nominated by the president.

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MakerDAO co-founder found dead after CIA sex trafficking tweets

MakerDAO co-founder Nicolai Arcadie Muchgian was found in Puerto Rico, according to multiple sources citing a police headquarters report. The 29-year-old cryptocurrency developer reportedly died early Friday after being swept away by ocean currents on a beach in Condado. But some of his tweets prior to the incident suggest there was more to his death than the public realises.

MakerDAO co-founder dies after tangled tweets

Muchgian’s mysterious death comes a day after he tweeted about sex trafficking and blackmail ring being perpetrated by CIA, Mossad and Pedo elites from Puerto Rico and the Caribbean Islands. “They’re going to pin me a laptop that my ex-girlfriend who was a spy planted. They will torture me to death,” Muchgian tweeted.

In a tweet in September, Muchgian said that three possible futures for him are “CIA suicide, CIA brain damage slave fortune, is the worst nightmare of people who’ve screwed me so far, I’m sure those are the only options.”

Muchgian tweeted multiple times about death threats and elaborate attempts by the so-called CIA and the above groups to frame him. While it’s unclear what connection the cryptocurrency developer had to the groups, a tweet he made using his personal account said that he — Muchgian — “was a threat to the central bank cartel.”

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Cryptocurrency’s own ‘Bernie Madoff’? Inside WILD world of former Disney child star-turned-crypto billionaire who founded controversial Tether coin – which experts have dubbed a ‘ponzi scheme’ that could bring down the industry once and for all

It’s been described by experts as the great ‘crypto winter.’ In a matter of six months during the early half of 2022, a dramatic downward spiral shook up the market, wiping out $2 trillion in value, plunging retail investors into financial ruin, causing companies to lay-off thousands of employees, and bankrupting some of the industry’s biggest heavyweights.

Amid mounting fear over the future of digital currency, scrutiny is being placed on a new weak point in the cryptosphere: Tether. 

Even in crypto’s freakish world of joke coins, overnight billionaires and scam artists, Tether stands out thanks to its incredibly curious origin. 

It’s not the scheme of a savvy financial expert but rather the brainchild of an eccentric Disney child actor-turned-Bitcoin billionaire who loves EDM music and Pokemon, snorts Peruvian psychedelics — and — as one person described, ‘looks like Johnny Depp in Pirates of the Caribbean and speaks in riddles, like Johnny Depp in Charlie and the Chocolate Factory.’

His name is Brock Pierce. By the time he was in his 20s, the former kid star, now 41, had reinvented himself multiple times over and emerged as a crypto cult leader in the gonzo world of digital currency.

In the process, he’s played footsie with a wide range of unsavory characters, convicted felons, and D-list celebrities including Jeffrey Epstein, Steve Bannon, the rapper Akon, as well as the current Mayor of New York, Eric Adams (who controversially flew on Pierce’s private jet at the beginning of his term).

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Over 1,600 of the Brightest Scientific Minds in Technology Have Signed a Letter Calling Both Crypto and Blockchain a Sham

The letter is a punch in the gut to the Wall Street underwriters who have brought billions of dollars of crypto related companies to the public markets, most of which have now collapsed in price. It makes the billionaire venture capitalists who have invested billions in crypto startups look like fools. And it renders the big-name celebrities who have promoted this garbage in TV commercials look like the shills that they are.

The letter was sent to key members of Congress and to the Chairs of the Senate Banking and House Financial Services Committees. It is signed by more than 1,600 computer scientists, software engineers and technologists from around the world. There are 45 signatories who currently work at Google; 19 who work at Microsoft; 11 employed at Apple. (Those three companies currently have a collective market capitalization of more than $5.75 trillion; they can afford to hire the best and the brightest.) There are signatories that are Ph.Ds from the most prestigious universities in the world, including the University of Oxford and MIT. And all 1,600 have signed a letter that says this about crypto and blockchain:

“We strongly disagree with the narrative—peddled by those with a financial stake in the crypto-asset industry—that these technologies represent a positive financial innovation and are in any way suited to solving the financial problems facing ordinary Americans…

“As software engineers and technologists with deep expertise in our fields, we dispute the claims made in recent years about the novelty and potential of blockchain technology. Blockchain technology cannot, and will not, have transaction reversal or data privacy mechanisms because they are antithetical to its base design. Financial technologies that serve the public must always have mechanisms for fraud mitigation and allow a human-in-the-loop to reverse transactions; blockchain permits neither.”

The letter links to an article from Bruce Schneier, a Security Technologist who teaches at the Harvard Kennedy School. The article appeared at Wired on February 6, 2019 under the headline: “There’s No Good Reason to Trust Blockchain Technology.” The article makes the following salient points:

“What blockchain does is shift some of the trust in people and institutions to trust in technology. You need to trust the cryptography, the protocols, the software, the computers and the network. And you need to trust them absolutely, because they’re often single points of failure.

“When that trust turns out to be misplaced, there is no recourse. If your bitcoin exchange gets hacked, you lose all of your money. If your bitcoin wallet gets hacked, you lose all of your money. If you forget your login credentials, you lose all of your money. If there’s a bug in the code of your smart contract, you lose all of your money. If someone successfully hacks the blockchain security, you lose all of your money. In many ways, trusting technology is harder than trusting people. Would you rather trust a human legal system or the details of some computer code you don’t have the expertise to audit?”

Losing your money is mostly what has been going on this year in crypto. In addition to crypto itself being a dubious “investment,” the Federal Trade Commission reported in June that “since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams. That’s about one out of every four dollars reportedly lost to fraud during that period.” (For more on the perils of crypto investing, see our report on how customers on the Coinbase crypto exchange are being victimized.)

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Canada’s new budget includes regulating crowdfunding after Freedom Convoy support

Canada’s new budget announced On April 8 includes restrictions on crowdfunding platforms and an investigation into cryptocurrency. The two provisions are some of the sanctions the government imposed under the Emergencies Act to stop the Freedom Convoy Protest.

While announcing the new budget, Finance Minister Chrystia Freeland said that there would be stricter regulations for crowdfunding platforms and payments processors and a “legislative review” of cryptocurrency.

“In the last several months … there have been a number of high-profile examples — both around the world and here in Canada — where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities,” the government said, citing the use of crypto to evade sanctions imposed to end the Freedom Convoy Protests.

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Biden takes big step toward government-backed digital currency

A U.S. digital currency could be on the horizon.

The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC.

The move is part of a sweeping executive order President Joe Biden signed Wednesday instructing the federal government to explore possible uses of and regulations for digital assets like cryptocurrencies.

“My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC,” the executive order reads.

The order asks for a wide variety of agencies to begin research and submit reports on a variety of issues surrounding digital currencies, from design and security to financial and societal impacts.

“We know the implications of potentially issuing a digital dollar are profound. They’re extraordinarily wide-ranging,” a senior administration official told reporters on a call Tuesday.

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FBI to form new digital currency unit as Justice Dept taps new crypto czar

The U.S. Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced on Thursday that the FBI is launching a unit for blockchain analysis and virtual asset seizure. The creation of the “virtual asset exploitation” unit at the FBI comes on the heels of the Justice Department’s largest-ever financial seizure. Earlier this month, it charged a married New York couple with allegedly laundering bitcoins now valued at over $4.5 billion that were stolen in the 2016 hack of the digital currency exchange Bitfinex.

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CIA Confirms the Rumors: It Really Is Working on Cryptocurrency Projects

Wade into Reddit and you’ll discover conspiracy theories claiming that Tom Hanks is a pedophilia kingpin, Bill Gates inserted microchips into coronavirus vaccines, and the CIA invented Bitcoin

Well, as it turns out, the CIA is involved in cryptocurrency after all—even if it didn’t invent Bitcoin.

During the Wall Street Journal‘s CEO Summit yesterday, Central Intelligence Agency Director William Burns admitted that the CIA has multiple projects to keep track of cryptocurrencies.

Responding to a question about whether the intelligence agency was able to constrain ransomware attacks emanating from abroad, Burns said his predecessor “had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we’re seeing.”

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