Sam Bankman-Fried, Alameda, & FTX shady practices & massive fraud goes a lot deeper than we all thought... Tax money was being laundered through Ukraine then ended up invested in FTX, then donated back to prominent DemocRATs who voted to send more foreign aid to Ukraine, creating a circle-jerk of money laundering which prompted regulators to look the other way.
READ MORE: https://www.thegatewaypundit.com/2022/11/breaking-exclusive-tens-billions-transferred-ukraine-using-ftx-crypto-currency-laundered-back-democrats-us/
MIT professors and students guiding and helping Sam Bankman-Fried for a cut of the profits, severe damage to the crypto market just in time for the planned "Great Reset" recession to push their CBDC as a solution to "dangerous and unstable" crypto and a crashing dollar, and a Jeffrey Epstein-type pedo operation in Puerto Rico that cost the life of crypto developer 'Nikolai Mushegian' a day after he tweeted and tried to expose it.
Crypto Billionaires End Up DEAD After Exposing The Global Pedophile Elite! 💀
https://www.bitchute.com/video/j0Dsmpc5eH9M/
CEO OF FTX IS DAUGHTER OF SEC HEAD'S FORMER BOSS:
https://www.bitchute.com/video/AFgZzz93E1Kk/
This will no doubt prompt the government to further seek to regulate crypto, which isn't to blame here.
Exchanges, like FTX, are but another example of why you NEVER keep your crypto on an Exchange! The crypto community, who wants crypto to thrive, isn't in control of Exchanges. A handful of very wealthy tech-bros run these exchanges along with big banks, and they use people's unwise storage of crypto on their exchanges to lend and gamble using their money, with no risk and all the gain to themselves.
Buying crypto on an exchange and leaving it there means you don't actually own crypto. You have an IOU. Until you pull it off, they don't have to supply the crypto you purchased. This business model by Exchanges leads to crypto losing value. Pulling it off forces the Exchange to supply the crypto, deplete their reserves, increasing their buy orders from miners to replenish, and crypto prices rise as a result.
If you buy from an Exchange you should IMMEDIATELY send it to your personal wallet where only you control the private keys. I cannot stress this enough! Every big hack or scam in crypto that causes the ignorant to say stupid things like, "See! Crypto isn't safe, it can be hacked!" occurs on Exchanges. Never personal wallets.
The APY Exchanges offer to store and stake your crypto with them aren't worth it if the Exchange ceases to exist later on.
The only reason to move your crypto to an Exchange is when you are ready to cash out. Unless you know people who are willing to buy your crypto with cash privately, an Exchange is your only outlet to convert that crypto to dollars and send those dollars to your personal bank account. But keep in mind: all of this is tracked, reported to the IRS, and you must claim it on your taxes as earned income.
Original Video by Altcoin Daily: https://www.youtube.com/watch?v=9W6pe2vf-40
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