Tag: cryptocurrency

Sam Bankman-Fried Reveals Massive ‘Dark Money’ Donations To Republicans

Former crypto billionaire and Democratic Party megadonor Sam Bankman-Fried revealed he gave large sums of “dark” money to Republicans in a Nov. 29 interview.

He told crypto YouTuber Tiffany Fong that “all my Republican donations were dark” because “reporters freak the fuck out if you donate to a Republican” and that he “didn’t want to have that fight” with “super liberal” journalists. He claimed he was the third largest Republican donor and gave “about the same” to both parties. He did not specify how much he donated to Republicans or which GOP politicians he supported.

Campaign finance watchdog group OpenSecrets reported that Bankman-Fried donated over $36 million to Democrats and over $39 million in total, making him the sixth largest donor of the 2022 midterm election cycle. He was Democrats’ second-largest donor behind George Soros, who contributed over $128 million to Democrats this cycle.

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As Ross Ulbricht Rots in a Cage for a Website, FTX Founder Celebrated by Elite for Stealing Billions

“How did this dude steal billions of dollars and is now speaking at a summit as a free man? Make it make sense.” — the internet.

This is the question that millions of people are asking after weeks have now passed since Sam Bankman-Fried’s FTX scandal unfolded. Bankman-Fried is accused of treating FTX as a ‘personal fiefdom’ as he squandered billions in cash and digital assets of his former clients.

According to a Bloomberg News report, customer funds were seemingly used to buy real-estate while Bankman-Fried himself took a $1 billion loan out from Alameda Research, a trading firm founded by Sam Bankman-Fried. The firm was trading billions of dollars from FTX accounts and leveraging the exchange’s native token as collateral, according to reports.

Essentially, Bankman-Fried was taking assets from his customers, without their permission, and squandering them on risky trades. According to U.S. securities law, mixing customer funds with counterparties and trading them without explicit consent — is against the law.

Galaxy Digital CEO Mike Novogratz is one of the folks throwing his hands up and demanding to know why Bankman-Fried has not been arrested or even charged.

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Russian billionaire, 53, is killed in helicopter crash near Monaco in latest crypto mystery death – ‘after another passenger cancelled at the last minute’

A Russian billionaire has become the latest cryptocurrency businessman to die in mysterious circumstances after his helicopter crashed in good weather near Monaco. 

Entrepreneur Vyacheslav Taran, 53, died after the helicopter plunged near the resort town of Villefranche-sur-Mer after taking off from Lausanne in Switzerland.

Taran is the third cryptocurrency entrepreneur to die unexpectedly in the past few weeks. 

Tiantian Kullander, 30, died ‘in his sleep’ last week, while fellow crypto millionaire Nikolai Mushegian, 29, drowned on a Puerto Rico beach after tweeting that he feared the CIA and Mossad were going to murder him. 

Since the crash that killed Taran happened in good, clear weather – and after another passenger reportedly cancelled last minute – mystery now surrounds the billionaire’s death. 

Taran, the co-founder of trading and investment platform Libertex and Forex Club, was flying from Lausanne with an experience pilot in a single-engined H130 helicopter when it crashed at around 1pm on November 25.

A 35-year-old French pilot was also killed.

The deputy public prosecutor of Nice, who visited the scene, said the fault of a third party could not be ruled out. 

Another unidentified passenger had been due to join Taran on the flight, but they cancelled last minute, according to local media. 

Taran, a highly successful offshore specialist who has lived in Monaco for the past ten years, has three children with wife Olga, founder of Hello Monaco media.

Ukrainian news agency UNIAN claimed, without citing any evidence, that Taran  was a ‘billionaire crypto businessman with likely ties to the Russian Foreign Intelligence Service’. 

It alleged he was linked to the SVR foreign espionage agency and was responsible for ‘laundering Russian funds through a system of cryptocurrency operations’.

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Governor Hochul signs novel law that limits cryptomining, for now

New York is taking a first-in-the-nation step to tap the brakes on the spread of cryptocurrency mining, under legislation that Gov. Kathy Hochul signed Tuesday.

The measure comes amid growing scrutiny of the cryptocurrency industry following this month’s collapse of the FTX exchange. But New York’s measure, which passed the state Legislature in June, is specifically concerned with the environmental aspects of crypto.

“I will ensure that New York continues to be the center of financial innovation, while also taking important steps to prioritize the protection of our environment,” Hochul, a Democrat, said in a message explaining her approval.

The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive “proof-of-work” cryptocurrency mining — a term for the computational process that records and secures transactions in bitcoin and similar forms of digital money. Proof-of-work is the blockchain-based algorithm used by bitcoin and some other cryptocurrencies.

The law also requires the Department of Environmental Conservation to asses how cryptomining affects the state’s ability to meet its climate goals.

Environmentalists said New York was undermining those goals by letting cryptomining operations run their own natural gas-burning power plants.

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Howls Of Outrage After New York Times Confirms SBF To Speak Alongside Zelenskyy, Yellen

As we discussed last night, Sam Bankman-Fried has now demonstrated that he is both a pathological liar and a sociopath, the kind who in “explaining” to his employees how he stole billions (over $4 billion according to new FTX CEO John J. Ray) from the now bankrupt FTX, an act which left it insolvent and without liquidity, called it “loans” which were “generally” not used for “large amounts of personal consumption” (just “small amounts” used for such trivial items as $40 million penthouses and private jets).

And the only reason we don’t officially call him a criminal just yet, is because he has not yet confirmed he used client money from his exchange to fund his personal hedge fund, an act which would cost any other individual decades in jail… but not prominent democrats like SBF or Jon Corzine, of course. Plus it’s the US legal system’s job to do that, not ours. Although we are growing increasingly skeptical this prominent Democratic donor will ever see the inside of a courtroom.

It’s not just us: with much of the entire world demanding to know how this corpulent 30-year-old still has not been thrown in prison, or at least charged with a variety of crimes, the NYT just confirmed to the entire world what a farce the one-time paper of record has become, and how it is willing to whore itself out for clicks – not to mention prominent Democrat donors – because moments after SBF tweeted that he will be speaking with Andrew Ross-Sorkin moderated NYT “summit” on Nov 30…

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REVEALED: FTX crypto bro SHOWERED media orgs Vox, ProPublica, Intercept, Semafor and more with investment money

In addition to being a major donor to the Democrat Party during the 2021-22 election season, disgraced FTX founder Sam Bankman-Fried was a major donor to several liberal media outlets, including ProPublica, Vox, The Intercept, The Law and Justice Journalism Project, and the recently launched Semafor, leading to speculation about their ability to objectively report on FTX.

“They all took it,” Human Events Daily’s Jack Posobiec noted on Twitter, “and none of them broke the story.”

As Semafor launched in October, Reuters reported that “The platform said it has so far raised $25 million from investors including David Bradley, owner of The Atlantic magazine; Jessica Lessin, founder of technology website Information; and cryptocurrency exchange FTX founder Sam Bankman-Fried.”

That was only a few short weeks before FTX collapsed. Customers made a run on the exchange to withdraw their deposits, only to find that the company did not actually have it. FTX is now in Chapter 11 bankruptcy proceedings in the state of Delaware, and Semafor is out a whole bunch of money.After Semafor published an article about disgraced FTX founder Sam Bankman-Fried’s relationship with Elon Musk, indicating that despite Musk’s claim that his “bullshit meter was redlining,” Musk pointed out that their reporting was perhaps not entirely on the up-and-up where FTX was concerned.

“Semafor is owned by SBF,” Musk wrote to Semafor on Twitter. “This is a massive conflict of interest in your reporting. Journalistic integrity is [trash].”

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The Intercept that funded Government/Big Tech Censorship begs for Donations after FTX Grants are put on hold

The Intercept begged its readers for donations after the publication revealed that a multimillion-dollar grant from disgraced former FTX CEO Sam Bankman-Fried would be placed “on hold” due to FTX filing for bankruptcy.

The Intercept is one of several media outlets that received a hefty donation from Bankman-Fried’s FTX Foundation. However, as Dr. Shiva Ayyadurai discovered in 2020, eBay’s founder Pierre Omidyar is the founder and funder of The Intercept and also funds the Government and Big Tech censorship infrastructure.

Bankman-Fried pledged $4 million to The Intercept over two years. So far, the outlet has received $500,000 out of the $4 million to support their reporting “on biosafety and pandemic prevention.”  However, The Intercept’s Acting Editor-in-Chief, Roger Hodge, announced on Friday that future grant payments are “on hold,” and used the announcement to ask readers for donations.

Bankman-Fried moved billions of dollars from FTX to sister company Alameda Research through a bespoke software “backdoor.” Similarly, the US and UK governments use backdoors, bespoke purpose-built portals, for Facebook and Twitter to directly access, monitor and censor users.  And The Intercept funds this deep collusion between Big Tech and government entities.

At the end of October, The Intercept published an “investigation” into the Department of Homeland Security’s (“DHS”) efforts to curb speech it considers dangerous. “Years of internal DHS memos, emails, and documents – obtained via leaks and an ongoing lawsuit, as well as public documents – illustrate an expansive effort by the agency to influence tech platforms.,” The Intercept wrote.

However, two years ago Dr. Shiva exposed the deep collusion between the United States government and social media companies – specifically Twitter but also YouTube and Google – in his historic Federal lawsuit.   Dr. Shiva has accused The Intercept of manipulating and hijacking his work to intentionally conceal Intercept boss Pierre Omidyar’s role in creating the Government and Big Tech censorship infrastructure.

According to Dr. Shiva, the entire operation appears to be a “limited hangout” – disclosing a self-contained and sensational but relatively benign story to overshadow something more damaging.  To deceive people into thinking they got the “truth” while the real truth is buried.

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Reminder: Microsoft Has a Patent for a ‘Cryptocurrency System Using Body Activity Data’ and It’s Just as Creepy as It Sounds

Here is an overview of Microsoft’s “Cryptocurrency System Using Body Activity Data” patent, which calls for using a person’s bodily functions—including everything from their heart beat to their brain activity—as a way to perform so-called “proof-of-work” for “mining” various cryptocurrencies. The patent, number WO2020060606, even outlines how real-time imagining of individuals’ brain activity could be used for the scheme.

In June of 2019 Microsoft—the tech company that makes laggy, buggy software and has a monster market cap of approximately $1.8 trillion—filed a patent for a “Cryptocurrency System Using Body Activity Data.” The patent, which was published in March of 2020, outlines how, in essence, a person’s bodily functions—including everything from their heart beat to their brain activity—could be used as a way to perform so-called “proof-of-work” for “mining” various cryptocurrencies; whether they be decentralized cryptocurrencies like Bitcoin, or centralized ones, like central bank digital currencies (CBDCs).

The patent number for Microsoft’s creepy cryptocurrency system, as conspiracy theorists like to point out, is WO2020060606.

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While Crypto Bro Scammed Clients, Reporters Scammed Readers

Today, you probably know who Sam Bankman-Fried and FTX are, and the details of why he and his company are front-page news are emerging at an amazing pace. Here’s the short version: Bankman-Fried—a boyish-looking cryptocurrency baron known commonly as SBF—announced that his lauded cryptocurrency exchange, FTX, had lost at least $1 billion in client funds, sending the crypto market into a tailspin (Fox Business, 11/16/22). The company, once the third-largest cryptocurrency exchange (AP, 11/16/22), has filed for bankruptcy. Lest one think this is a debacle that only affects crypto bros, Treasury Secretary Janet Yellen warns that “the sector’s links to the broader financial system could cause wider stability issues” (New York Times, 11/17/22).

How could this happen? How could no one have seen this coming? These are the questions many people are asking. One problem is that in the months leading up to Bankman-Fried’s transition from financial genius to possible financial criminal (Yahoo Finance, 11/14/22), he received little scrutiny in the media. On the contrary, he was celebrated.

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