The Ongoing Fallout from the FTX Crypto Fraud
15 Nov 2022
This story continues to be fascinating and don’t think it’s not political. There’s no way this would have happened if CEO Sam Bankman-Fried wasn’t the 2nd biggest donor to Democrats.
A 30 year-old bullshit artist was able to perpetrate massive (alleged) fraud resulting in a bankruptcy that could reach 50 billion dollars, and you’re not supposed to notice that regulators had no interest in this while he was the 2nd biggest donor to Democrats in 2022 https://t.co/hVkhcup6lG
— Buck Sexton (@BuckSexton) November 15, 2022
The details of this massive fraud are just now emerging.
FTX CEO Sam Bankman-Fried bankrolled the Democratic Party’s midterms war chest to the sum of $40,000,000 using funds from his now-bankrupt crypto exchange. Meanwhile, blameless customers have likely lost BILLIONS in savings.
This is the SCANDAL everyone should be talking about! pic.twitter.com/yRr2PSYQco
— Ben Kew 🐶 (@ben_kew) November 13, 2022
It’s not a new story. Take your pick of famous frauds — Enron, Bernie Madoff, Theranos — how do these BS artists manage to fleece so many wealthy and seemingly intelligent people with companies based on nothing?
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