Second best sugar daddy for the Democrats drives his company into bankruptcy just after the midterms
FTX lists $9 billion in liabilities, but only $900 million in liquid assets; other assets include $7.3 million bet for "Trump to lose"; ex-CEO gave almost $37 million to Democrats this year
The first huge scandal to blow up in the face of the Democrats after the midterms has happened even before all of the votes have been counted - as I write this, only 72% of the votes have been counted in Alaska and only 88% have been counted in Arizona.
FTX, a crypto exchange, has filed for bankruptcy, with only $900 million in liquid assets and $9 billion in liabilities. Among the list of dubious other “assets" held by the exchange is a $7.3 million bet for Trump to lose the election in 2024. This bet is a real head-scratcher, as Trump has not officially announced that he is running in 2024, which presumably would be a prerequisite for him to lose in 2024. It is also odd, even for Wall Street, for bets on election outcomes to be listed as assets owned by companies.
https://www.zerohedge.com/markets/ftx-held-just-900mm-liquid-assets-vs-9bn-liabilities-video-emerges-confirming-alameda-knew
The head of the company, until he resigned on Friday, was Sam Bankman-Fried. He was the second largest individual donor to the Democrats in the 2022 election cycle, with total donations to them of $36,793,956. Only George Soros, with a total of $128,475,971, gave that party and its candidates more money.
https://www.opensecrets.org/elections-overview/biggest-donors?cycle=2022
What did he receive from the Biden administration in return for almost $37 million? Why did the truth about the company come out just after all of the (legitimate) votes for the midterms were cast, and literally before all of the votes were counted? Should American voters blithely assume that the timing of the revelation of this financial fiasco was a complete coincidence?
There is also a connection to the Ukraine, as FTX was used to channel 'donations' to that country. Questions are now being raised about whether or not all of that money actually arrived at that country, and if any of it was diverted to the Democrats to finance the 2022 elections.
https://www.coindesk.com/policy/2022/03/14/ukraine-partners-with-ftx-everstake-to-launch-new-crypto-donation-website/
https://americafirstreport.com/now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money-to-democrat-candidates-to-help-rig-midterms/
It has been rumored that a FTX corporate jet was just flown to Argentina, and there is speculation that Sam Bankman-Fried may have fled to that country.
https://www.ash.org.au/news/ftx-collapse-rumours-sam-bankman-fried-fled-to-argentina-as-600m-disappears-in-hack/
This is a developing story, but it has already been suggested that the MSM will spin this as proof that a central bank digital currency is required to safeguard Americans from shady crypto-criminals. The fox will be nominated as the next guardian of the henhouse.
The donations of Sam Bankman-Fried to the Democrats will, of course, be either completely unreported by the MSM, or else will be minimally reported with maximized spin. It will be just like the MSM reporting on the physical and mental condition of soon-to-be US Senator Fetterman before his infamous debate.
"Never let a good crisis go to waste" - especially if you are a Democrat who helped to create it, or at the very least scored a slice of the $37 million from the crypto bro who created the crisis.