Here's what I don't get. Any situation where a 'normal' person goes bankrupt, the courts start clawing back funds for monies spent in the last however many months are applicable. Some of these damn lawmakers are saying they'll donate that amount to charity. Bullshit, that money should be clawed back from all of them and his crap sold and use that to divide up (for pennies on the dollar) for his customers to get some small bit of money back. This 'donate to charity' crap is a damn joke. This little moron scammed the system in a huge way because he has his hands in politicians pockets. He has to go to federal prison along with all his minions and ugly ass girl friend. Side note, when the money is clawed back, we'll find out exactly how much money went to which politicians. I'm doubting very seriously that he spent as much on both sides as he says. In the long run, that doesn't matter as much as getting every penny they can squeeze out of him, his properties and everyone who was part of this little cabal. Give me a damn break - donate that money to charity? And what about the money invested from Ukraine. So, the US taxpayers put untold sums in Ukraine's hands, they invest with this idiot, he donates to politicians, who vote to give more of our money to Ukraine? Seriously?
Marc CoHodes is a contrarian that called "bullshit" on FTX because it was fake, dishonest and run by Charlatans. Alex Berenson called "bullshit" on Lockdowns, Masks, PCR tests, mRNA shots, etc. because it was run by Public Health Charlatans that have consumed us with Lies and Propaganda. I'm glad these 2 guys are staying in touch and exposing so much fraud, propaganda, lies, ethical violations and untruths.
Similar to many of us calling out Hunter Biden pre 2020 election, similar to calling out false Russian collusion, similar to calling out the great scamdemic of 2020. ete etc etc What's the point? Calling it out is what exactly...a hey look at how right I am all along? Meanwhile NO ONE is being held accountable for any of it.
He got where he was because of his Parents. The Democrats protect themselves like endangered reptiles. They can go to a drag queen party hit all the children over there heads with his one eyed snake 🐍 and if one of us people in the comment section did this it would be breaking news on Fox News.
SBF will not be criminally prosecuted as long as Biden is in office. His mother is a Democrat bundler. I surmise SBF is a shill for Democrat politicians and used FTX to funnel campaign contributions through various PACs to the Democrat Party. If anyone does a deep dive on FTX I will bet they will find he used FTX cash he stole from clients to help Democrats win key races in AZ, NV and PA. This is how Democrats outspent Republicans and allowed them to retain the Senate. The fact that he is a crook is completely irrelevant to Democrats. The DOJ and NY AG will leave SBF alone and continue to go after Trump because SBF is one of theirs.
Why isn't SBF facing the same federal scrutiny as Elizabeth Holmes when her house of cards aka Theranos collapsed? I SO appreciate the comparison of FTX collapse to the mRNA injections. Alex you are really brilliant and such an amazing writer. ty for this.
And we could solve it all with legitimate findings that just tell us what we already know.... And then these sorry jackasses go to jail. IMO, this is one of the things the Republicans were elected to do. But if you notice, now Fauci 'can't remember' the details of anything. That's fine. Send him to jail anyway AND wipe out that juicy gov't pension while they're at it. Too much money going in too many different pockets. In history, revolutions were caused by less than what's going on in this country. We elected a former navy seal in my district here in the great state of Texas for Congress. I believe there are many like him that actually DO love this country and will do whatever it takes to begin to turn this ship around, but one of those things is punishment. If these people aren't punished, it's all hollow.
An off to the side slush fund that for appearance sake had “contributions “ to a few Republican PACs. Not as massive as Obama’s “shovel ready” stimulus slush fund (taxpayer funded)...
Digital assets are here to stay, regardless of whether people think 'bitcoin is a scam', which is an irrelevant and silly question to even ask anymore.
Banks are already moving to digital assets one way or another, and while they won't likely run on bitcoin, they will run on some sort of blockchain bridge currency or token. It's already happening with central banks and commercial banks globally.
The fortunate thing here is that the major crypto legislation that will likely pass next year, the DCCPA, will have to be stripped of all the things SBF influenced. Lawmakers were going to SBF for advice on how to regulate (while accepting his campaign contributions) and the SEC and CFTC have already admitted that they spent 'thousands of hours' meeting with FTX. It happened right under the noses of Gary Gensler and the SEC enablers.
A workable DCCPA and the defeat of the SEC in the Ripple case will be turnkey moments in history of digital assets next year.
Umm, if you don’t think Crypto is anything more than a Ponzi Scheme to begin with, like myself, have written & commented telling people to avoid the fraud. Can I also say I realized the FTT/SBF fraud before anyone else? I ask because when it happened I was not paying attention. But when I saw it had I was happy as I realized had missed that bullet. Had told my children to stay away from investing in the space.
Poor little old America. Can't mobilize a commando team to go get this fraudster and bring him in for justice, because the Bahamas might strike back???
On a seperate topic from my previous comment. Would hope the coming article has more on the corruption, Intelligence agency grooming, comparisons to BCCI, Tower, Epstein. How the Ukrainian gun running, weapons sales with planes to Greece if at all were involved. Just remembering how the Iran Contra was set up and run.
Sounds a lot like the penny stock frauds of decades past. Completely manipulated prices and trades. And remember, the crash of 1929 was due mainly because the stock funds of those days were moving money between each other, to keep them propped up, until the music stopped. Realize as well that most of the "stocks" that are on our exchanges today are ETFs and other non-equity instruments of a ridiculous array of "investments" that will one day hear the music stop again.
It took one day for Bernie Madoff to be arrested.
Yesterday, Bankman-Fried spoke at the New York Times DealBook conference. He was applauded.
Here's what I don't get. Any situation where a 'normal' person goes bankrupt, the courts start clawing back funds for monies spent in the last however many months are applicable. Some of these damn lawmakers are saying they'll donate that amount to charity. Bullshit, that money should be clawed back from all of them and his crap sold and use that to divide up (for pennies on the dollar) for his customers to get some small bit of money back. This 'donate to charity' crap is a damn joke. This little moron scammed the system in a huge way because he has his hands in politicians pockets. He has to go to federal prison along with all his minions and ugly ass girl friend. Side note, when the money is clawed back, we'll find out exactly how much money went to which politicians. I'm doubting very seriously that he spent as much on both sides as he says. In the long run, that doesn't matter as much as getting every penny they can squeeze out of him, his properties and everyone who was part of this little cabal. Give me a damn break - donate that money to charity? And what about the money invested from Ukraine. So, the US taxpayers put untold sums in Ukraine's hands, they invest with this idiot, he donates to politicians, who vote to give more of our money to Ukraine? Seriously?
Marc CoHodes is a contrarian that called "bullshit" on FTX because it was fake, dishonest and run by Charlatans. Alex Berenson called "bullshit" on Lockdowns, Masks, PCR tests, mRNA shots, etc. because it was run by Public Health Charlatans that have consumed us with Lies and Propaganda. I'm glad these 2 guys are staying in touch and exposing so much fraud, propaganda, lies, ethical violations and untruths.
Great rundown! There's a reason we say "NOT YOUR KEYS, NOT YOUR COINS".
The real mind-blowing moment is realizing the same exact thing would happen to the banking system -- and that's why causing a bank run is illegal.
Similar to many of us calling out Hunter Biden pre 2020 election, similar to calling out false Russian collusion, similar to calling out the great scamdemic of 2020. ete etc etc What's the point? Calling it out is what exactly...a hey look at how right I am all along? Meanwhile NO ONE is being held accountable for any of it.
He got where he was because of his Parents. The Democrats protect themselves like endangered reptiles. They can go to a drag queen party hit all the children over there heads with his one eyed snake 🐍 and if one of us people in the comment section did this it would be breaking news on Fox News.
SBF will not be criminally prosecuted as long as Biden is in office. His mother is a Democrat bundler. I surmise SBF is a shill for Democrat politicians and used FTX to funnel campaign contributions through various PACs to the Democrat Party. If anyone does a deep dive on FTX I will bet they will find he used FTX cash he stole from clients to help Democrats win key races in AZ, NV and PA. This is how Democrats outspent Republicans and allowed them to retain the Senate. The fact that he is a crook is completely irrelevant to Democrats. The DOJ and NY AG will leave SBF alone and continue to go after Trump because SBF is one of theirs.
Why isn't SBF facing the same federal scrutiny as Elizabeth Holmes when her house of cards aka Theranos collapsed? I SO appreciate the comparison of FTX collapse to the mRNA injections. Alex you are really brilliant and such an amazing writer. ty for this.
And we could solve it all with legitimate findings that just tell us what we already know.... And then these sorry jackasses go to jail. IMO, this is one of the things the Republicans were elected to do. But if you notice, now Fauci 'can't remember' the details of anything. That's fine. Send him to jail anyway AND wipe out that juicy gov't pension while they're at it. Too much money going in too many different pockets. In history, revolutions were caused by less than what's going on in this country. We elected a former navy seal in my district here in the great state of Texas for Congress. I believe there are many like him that actually DO love this country and will do whatever it takes to begin to turn this ship around, but one of those things is punishment. If these people aren't punished, it's all hollow.
An off to the side slush fund that for appearance sake had “contributions “ to a few Republican PACs. Not as massive as Obama’s “shovel ready” stimulus slush fund (taxpayer funded)...
Great article/interview on a timely subject.
Digital assets are here to stay, regardless of whether people think 'bitcoin is a scam', which is an irrelevant and silly question to even ask anymore.
Banks are already moving to digital assets one way or another, and while they won't likely run on bitcoin, they will run on some sort of blockchain bridge currency or token. It's already happening with central banks and commercial banks globally.
The fortunate thing here is that the major crypto legislation that will likely pass next year, the DCCPA, will have to be stripped of all the things SBF influenced. Lawmakers were going to SBF for advice on how to regulate (while accepting his campaign contributions) and the SEC and CFTC have already admitted that they spent 'thousands of hours' meeting with FTX. It happened right under the noses of Gary Gensler and the SEC enablers.
A workable DCCPA and the defeat of the SEC in the Ripple case will be turnkey moments in history of digital assets next year.
Umm, if you don’t think Crypto is anything more than a Ponzi Scheme to begin with, like myself, have written & commented telling people to avoid the fraud. Can I also say I realized the FTT/SBF fraud before anyone else? I ask because when it happened I was not paying attention. But when I saw it had I was happy as I realized had missed that bullet. Had told my children to stay away from investing in the space.
Poor little old America. Can't mobilize a commando team to go get this fraudster and bring him in for justice, because the Bahamas might strike back???
On a seperate topic from my previous comment. Would hope the coming article has more on the corruption, Intelligence agency grooming, comparisons to BCCI, Tower, Epstein. How the Ukrainian gun running, weapons sales with planes to Greece if at all were involved. Just remembering how the Iran Contra was set up and run.
Sounds a lot like the penny stock frauds of decades past. Completely manipulated prices and trades. And remember, the crash of 1929 was due mainly because the stock funds of those days were moving money between each other, to keep them propped up, until the music stopped. Realize as well that most of the "stocks" that are on our exchanges today are ETFs and other non-equity instruments of a ridiculous array of "investments" that will one day hear the music stop again.