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Tuesday, October 15, 2024

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Watch: Corrupt FTX boss funnelled hundreds of millions to Democrats and Ukraine in ‘secret’ payments

FTX was a crypto exchange founded by Sam Bankman-Fried (SBF).

Investigations reveal a trail of unexplained secret transactions between the failed cryptocurrency exchange, the Democratic Party, and Ukrainian-based entities.

Independent journalist Kim Iverson examines the FTX collapse, where the plot ‘keeps getting thicker and seemingly more corrupt.’

She is joined in the analysis by DTNZ syndicated contributor Kit Klarenberg.

Between $1 to $2 billion of customer funds are missing with no record of where the money went, and it’s been reported that SBF had a ‘secret backdoor’ on the FTX platform through which he could make withdrawals. The backdoor allowed SBF to make secret transactions without flagging regulators.

Another $10 billion of customer funds were transferred by SBF to its sister company Alameda Research – another crypto trading firm which has also filed for bankruptcy.

Creditors are owed $3 billion in the wake of the collapse – the largest of whom is owed a whopping $226 million. The names of the creditors have been redacted from the bankruptcy proceedings.

Massive donations to Democrats have been revealed before and during the US Midterm elections. For those elections, SBF made donations totalling $460 million to the party for the elections, making him second only to George Soros on the list of biggest donors.

UKRAINE PAYMENTS

DTNZ has previously reported on the allegation FTX was a Ukrainian money laundering scam.

‘In March, FTX set up a crypto donation site to help turn ‘Bitcoin into bullets’. But the website seemed off. There were some inconsistencies. First they reported raising $70 million, suddenly overnight that figure went down to $60 million where it remained for months on end.

All of the secrecy and inconsistencies in the reporting around FTX’s ties to Democrats and Ukraine is why independent media is taking a closer look.’

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4 COMMENTS

  1. You notice how the missile that ‘happend’ to stray into Poland
    Occurred right after the collapse of FTX
    FTX was a money laundering criminal enterprise
    After the collapse of FTX Ukraine realized they needed to replace it with a major sponsor immediately
    That being a false flag attack to draw Nato into the war

  2. hahahahahahaha . . . sniff . . . HAHAHAHAHAHAHAHAHAHAHA . . . cough . . . umm . . . sorry . . . wahhahahahahahahahahahahaha . . . ha . . . oh dear . . .

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