$32B GONE! A Money Laundering/Ponzi scheme of epic proportions. The largest in history. The scheme involved using customer money to back his hedge fund, taking money from Ukraine (given to the country as Foreign Aid by the US) and putting a chunk of that cash into the slush funds of DemocRAT politicians who would then vote for more money to be sent to Ukraine (Obvious Money Laundering) including $5M to Joe Biden (Bankman was the 2nd largest donor to Joe Biden after George Soros) and $40M given to DemocRAT politicians during the midterms.
Word got out that FTX may not actually have the crypto investors were buying, and customers did a 'bank run' on the company to pull their crypto out, FTX didn't actually have it. Those customers had IOU's with nothing backing it. FTX immediately collapsed and filed for bankruptsy, which froze all the remaining funds and further prevented customers from getting anything back.
Interviewer George Stephanopoulos, being a Hillary Clinton backer, doesn't ask him anything about this. Many softballs pitched his way and no real digging into the meat of the Ponzi scheme.
The former FTX CEO spoke to George Stephanopoulos and ABC News following both companies in his cryptocurrency empire filing for bankruptcy last month.
The real question is, why isn't Sam Bankman-Fried in jail? The answer is clear, he greased the right palms: career politicians, SEC regulators, media outlets, etc.
The FTX story is a prime example of why you don't store your crypto on Exchanges. You buy it and move it to your cold storage wallet. If you don't, you don't really own any cryptom, you own an IOU, the Exchange holds your private keys and full control over your crypto. Exchanges are like gas stations, you fill up and leave. There is no good reason to store your stuff there. The small interest you earn simply isn't worth it. If you have crypto on an Exchange, take self ownership of it NOW! The video below will coach you through it.
How To (Safely) Store Cryptocurrencies! 💰🔒
https://www.bitchute.com/video/xPsZfnXETvW9/
🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: [email protected]
Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT
Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑
It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏
Bitcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
Bitcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
Bitcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
