Second Largest Donor to DNC and Biden reportedly flees to Argentina to avoid extradition

[JGalt]

That would be Sam Bankman-Fried, who donated $40 million to the Democrats, and was the second biggest donor to Joe Biden. Is anyone surprised?

"Sam Bankman donated c. $40m to Democrats and was 2nd biggest donor to Joe Biden. He's now reportedly fled to Argentina (no extradition treaty with US) to dodge charges of embezzlement."

"$2BN of clients' money is MISSING from collapsed crypto exchange FTX: Founder Sam Bankman-Fried denies secretly transferring $10BN to trading company run by his girlfriend"​

"About $2billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.

Founder and CEO Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to the trading company Alameda Research, which is run by his girlfriend Caroline Ellison, Reuters reports.

A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion."

$2BN of clients' money is MISSING from collapsed crypto exchange FTX

 

[Moonglow]

Good thing they gotz tha dough before he took it on the lam.

 

[JGalt]

Good thing they gotz tha dough before he took it on the lam.

So shouldn't the DNC and Biden give that donation money back, in the interest of honesty and transparency?

I mean after all he is being investigated by the SEC and has since high-tailed it to a country that doesn't have an extradition treaty with the US.

Or is it you just approve of criminal activity? Wait, why am I asking this from someone who scoffs at federal law. by being an admitted drug user in possession of a firearm?

How silly of me.

 

[JackOfNoTrades]

That would be Sam Bankman-Fried, who donated $40 million to the Democrats, and was the second biggest donor to Joe Biden. Is anyone surprised?

"Sam Bankman donated c. $40m to Democrats and was 2nd biggest donor to Joe Biden. He's now reportedly fled to Argentina (no extradition treaty with US) to dodge charges of embezzlement."

"$2BN of clients' money is MISSING from collapsed crypto exchange FTX: Founder Sam Bankman-Fried denies secretly transferring $10BN to trading company run by his girlfriend"​

"About $2billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.

Founder and CEO Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to the trading company Alameda Research, which is run by his girlfriend Caroline Ellison, Reuters reports.

A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion."

$2BN of clients' money is MISSING from collapsed crypto exchange FTX

Whelp. Deal in smoke and mirrors. That's what you might end up with.
Buyer beware.

 

[Moonglow]

So shouldn't the DNC and Biden give that donation money back, in the interest of honesty and transparency?

I mean after all he is being investigated by the SEC and has since high-tailed it to a country that doesn't have an extradition treaty with the US.

Or is it you just approve of criminal activity? Wait, why am I asking this from someone who scoffs at federal law. by being an admitted drug user in possession of a firearm?

How silly of me.

I thought one was innocent until found guilty by a jury of their peers in the USA? When laws are unconstitutional they are null and void by default and law.

 

[Polishprince]

Why doesn't Biden send the FBI down to Argentina to bring Bankman back. When Argentina didn't want to extradite Eichmann to Israel, they sent the Mossad down to Buenos Aires to bring him out.

 

[EMH]

Billionaire left wing Jew crooks in South America....


Likely a Lula supporter too...

 

[Polishprince]

I thought one was innocent until found guilty by a jury of their peers in the USA? When laws are unconstitutional they are null and void by default and law.

That's what people want to do. But Bankman is a fugitive

 

[JGalt]

I thought one was innocent until found guilty by a jury of their peers in the USA? When laws are unconstitutional they are null and void by default and law.

That mean nothing when you flee the country to avoid prosecution. If you don't appear at your trial, you can't plead innocence and will most likely be found guilty in absentia.

 

[Moonglow]

That mean nothing when you flee the country to avoid prosecution. If you don't appear at your trial, you can't plead innocence and will most likely be found guilty in absentia.

it does mean something, it means they lack habeas corpus.

 

[two_iron]

I see a pardon in that chubby jewboy's future.

Hopefully an irate 'investor' will settle this the old fashioned way.

 

[Moonglow]

Billionaire left wing Jew crooks in South America....


Likely a Lula supporter too...

They may run into a Nazi or two, eh?

 

[Moonglow]

I see a pardon in that chubby jewboy's future.

Hopefully an irate 'investor' will settle this the old fashioned way.

Why not, Trump damn sure did it for his buds and inlaws that were outlaws.

 

[EMH]

They may run into a Nazi or two, eh?

History does claim Nazis fled to Brazil and Argentina.

Some also claim some nazis were Jewish too.

Have not personally authenticated either claim...

 

[Moonglow]

History does claim Nazis fled to Brazil and Argentina.

Some also claim some nazis were Jewish too.

Have not personally authenticated either claim...

I have and both are true facts.

 

[JGalt]

Why not, Trump damn sure did it for his buds and inlaws that were outlaws.

Please feel free to provide some proof that the SEC is investigating Trump's family members, and how many of them have fled the country to avoid prosecution.

Or were just making that up lying again?

 

[Moonglow]

Please feel free to provide some proof that the SEC is investigating Trump's family members, and how many of them have fled the country to avoid prosecution.

Or were just making that up lying again?

Why does it have to be from SEC investigations only?​

 

[JGalt]

Oh shit.

"FTX founder Sam Bankman-Fried resigned yesterday and was replaced by John J. Ray, III - the lawyer who helped clean up Enron - as incoming CEO.

SBF's crypto empire collapse resulted in Bloomberg's Billionaire Index downgrading his net wealth from $15.6 billion on Nov. 4 to zero by Friday.



Many on Twitter speculate SBF jumped on a private jet to Argentina.

The plane CT thinks is transporting SBF is now over Argentina

(LVKEB is you want to follow on flightradar) pic.twitter.com/tdyiDtDHZ9
— Ivan on Tech - Building Moralis Web3 (@IvanOnTech) November 12, 2022

Ok SBF is definitely on the run now. I need a bounty hunter to take me to him… it’s the only correct way the movie can end.
— Ben Armstrong (@Bitboy_Crypto) November 12, 2022

It remains unclear if the late-night fund transfers, totaling more than $600 million, according to CoinDesk, are part of the bankruptcy process or something more sinister, such as a hack.

Reuters spoke with two people familiar with the matter who said upwards of $1 billion of customer funds have vanished from FTX.

CoinDesk said, "Many FTX wallet holders are also reporting that they are seeing $0 balances in their FTX.com and FTX US wallets."

Hmmm...

This tracks.#FTX #FTXbankruptcy #ftxwithdrawal #ftxhack pic.twitter.com/bjgl3XvZxk
— Jypto | Crypt3d Punk (@JyptoCrunky) November 12, 2022

FTX Investigates "Abnormalities With Wallet Movements" As Fears Mount Of Potential Hack | ZeroHedge

 

[TroglocratsRdumb]

Bitcoin is a classic Ponzi scheme

Ponzi scheme​

From Wikipedia, the free encyclopedia

For schemes that promise rewards based on enrolling ever larger numbers of people, see Pyramid scheme.

1920 photo of Charles Ponzi, the namesake of the scheme, while still working as a businessman in his office in Boston
A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[1] Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.
Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the women had invested. She was eventually discovered and served three years in prison.[2] The Ponzi scheme was also previously described in novels; Charles Dickens' 1844 novel Martin Chuzzlewit and his 1857 novel Little Dorrit both feature such a scheme.[3]
In the 1920s, Charles Ponzi carried out this scheme and became well known throughout the United States because of the huge amount of money that he took in.[4] His original scheme was based on the legitimate arbitrage of international reply coupons for postage stamps, but he soon began diverting new investors' money to make payments to earlier investors and to himself.[5] Unlike earlier similar schemes, Ponzi's gained considerable press coverage both within the United States and internationally both while it was being perpetrated and after it collapsed – this notoriety eventually led to the type of scheme being named after him.[6]

 

[struth]

the dems are all crooks….the dembots don’t care