@Buttplug: Is Sam Fried Toast?

Money launderer for the Dems...follow the money....some other fools will go down with him too...the stuff Ou Maaik is raving about, right there in the open!

The same Dems who arrested him? (E.g. the DOJ who hauled in his ass is from a holiday in Bermuda). 

This is a screwup no doubt, but it does not look like the Democrats are trying to keep him out of jail. 

Blame it on the Bosanova......ooops Blame it on the Dems......oh what the hell might as well add the Liberals

oh I forget......chuck in ole Joe as well.

Fixed!

Yes, the Poor White victim is becoming a bit tiresome from the far right. 

If someone from the left is caught committing fraud -  the left and centre want them to go to jail.

If someone from the right is caught committing fraud - the far right says it is a political witch hunt. Somehow they should not be convicted of crimes because of their ideology, or the possibility that somehow it is not fair. 

Tucker Carlson epitomizes the poor white victim. It is mostly the alt-right, that sees their numbers declining and becoming a marginalised minority. 

Let him go to jail. If it transpires that any government officials were on the payroll, they can join him in the same cell.

The best way forward is to cap political donations.
If no one can make a donation of more than $1000, it will make donations more Democratic. 
Currently, if a politician does not do a lobbyist/corporate's bidding, they will fund a politician who will. 

Otherwise, the richest people can just buy politicians. It is a backdoor to the Democratic system and undermines having a Democracy. 

The Democrats do not like some of their own getting caught out being ultra-corrupt and they use the FBI and Justice Department to prevent investigation of corrupt activity.   The one thing is sure - once he failed to pay them mafia -style protection money the Democrat Party stopped their protection racket and the FBi is freed to start investigating him and Justice Department to charge him. 

Take for instance the internet platforms - they are total servants and pay them massive amounts to fund elections and during weekly meetings between the management of the platforms, the  FBI and DNC  they get instruction what news be allowed and what should be censored because it may be detrimental to the Democrats.   The platforms have been threatened by the Democrats in the past that unless they comply they would introduce legislation that would have a detrimental effect n their activities.   

I see Senator Rubio introduced legislation to ban functioning of Tik Tok in the USA  - with some support from Democrats in the Senate and House.   Even if the legislation is passed by Congress it would never be signed by Biden afraid of exposure of his involvement in corruption in China and on instruction of President Xi with the full support of the Ultra-rich controlling the Democrats,   

The Mafia used to call their gang leaders Godfathers - the new similar name for gangster activities by the Democrats leadership is "The Big Man".   

In the USA By the way - S B - the Democrats will never allow for their campaign contributions to be limited.   In 2020 Twitter contributed $1,5 billion to the Democrats and Facebook $500 million as well - it is not known what Gates, Wall Mart and Soros contributions were.   What is known is that Soros contributed $60 million to  election campaigns of Democratic Party candidates for  DA's to ensure sabotage of law and order in USA courts.    The protection racket is extended to protect leadership of trade unions and the contribution by the Teacher Union  to the amount of   $12 million in 2020  is a typical example.   Contributions from China to the Democratic Party Election War-Chest has been often mentioned - but figures are not clear at present.   The registration of subsidiary companies in the USA by Chinese companies is the channel through which contributions from China flow.   Since some Republicans are also in need of protection they sabotage the Party and collaborate with the Democrats.    

There is zero chance of the required to limit contribution would ever see the light of day and if such legislation is passed by Congress and signed into law - there will be gaps so wide that an ox-drawn wagon would be able to turn in it.    

There's a reson Elon Musk flipped and threw the Dems under the bus...he knows what's coming...and yes, there's corrupt elements in the Republican Party too...and not all the Dems are corrupt either, but American politics is truely a cesspool...not the epitome of the free world like they claim to be...great country, but they've got some work to do.

Bankman-Fried...should be Bagman-Fried.

Draad

Musk probably saw it as a way to get the Republicans into their side to take over the roles thus far played by Zuckerman, Gates and Soros.   

Yes - I agree that there are corrupt elements in the Republicans as well.    Those include the Cheyne's and Senator Mc Connell.    They are amongst the "useful" idiots the Democrats love to have around,         

Agree - but will he live long enough to see the inside of a jail -or will he be a Clinton suicide case?       

This in the Financial Times.

For interest sake, pretend this was a standard hedge fund operating with fiat and using legacy banking, offshore accounts, etc, and how long it would take to prosecute a case like that?

Now consider that all of it was done on the blockchain and that receipts for every last penny are easily accessible. Blockchain lends itself to hype-expediency and though this is a crypto scandal, the case should highlight yet more of the benefits of blockchain.

Nerds will be Nerds...

BTW ButtPlug, SBF said that he also donated to Republicans through less transparent channels. Also known as dark money channels to hide the identify of the donor - probably using blockchain...

I don't think SF will make it to trial.

Surely he is going to be "Epsteined" as Plum suggested.

All corrupt political hands on deck for this show.

The corrupt politicians and others cannot allow him to go under oath and tell the truth.

I watch Caroline Ellison on a TV interview prior to the collapse of FTX and it was obvious to me that she had no clue what the company was about, yet she was CEO of the trading arm of the company with a million dollar home in the Islands.

All I can say is that Sam was either blind or she must have had a strong suck. 

What was it again that these guys smoked??????????

ButtPlug, we can only read what we see in news articles. Who knows what is true, except you?

That is why I wrote, "He Said" .e.g. "Claims"...  I didn't say he did. 

That is the difference, I reserve judgement and question "proof". You want to bend the story to fit your narrative. 
I realise that just because a news article has stated this, does not mean it is true..

Many rich "businessmen" give donations to both sides to hedge their bets!

The poor guy was given bail    He is now aa free for all to get rid of him/   A Clinton suicide will be inevitable and one should start preparing letters to the dearly beloved family members of the late Fried.    .

SB

I think that you should watch the following video about how the scam worked insofar as FTX were concerned:-

FTX Scam Involved Ukraine & Democrats In Money Laundering Scheme Says Internet - Bing video

How can Fried have donated $70 million to the Democrats for funding of the mid-term election.   It was easy - USAID provide the money to Ukraine - then Ukraine invests it in FTX  and FTX passed the money back to the DNC and Politicians.  Of the loot the only question is - Did the "Big Man" got his normal 10% from the scam?     

This is scary - the Democrats used Fried  to steal taxpayer money.   Another reason why Fried will die very soon by committing a Clinton Suicide.            

SB 

Why are you silent about this scam?

Remember how the House voted a $1 billion to be paid over in cash to Ukjraine and 3 days later Pelosi and Schiff went to Kiev to deal with the issue.   You can be bloody sure that they went to decide on spreading of the loot,   How much went back to the USA through Fried?  And aside from the $70 million contribution to the Democratic Party - how much else went to the individual corrupt Democrats and their Republican partners leadership and how much ended up in the Zelenskyy corrupt racketeer regime members?   

It seems it is all going tits up for Bitcoin. The companies are falling like dominoes . 
Anyone and everyone who was involved in fraud should be sent to jail.

155 YEARS AGO

155 years ago, Lord Palmerston's Liberal government passed a law that, according to one writer, "effectively stopped innovation in powered road transport in Britain for over a quarter of a century". The Locomotive Act 1865 became known as the Red Flag Act, thanks to its extraordinary stipulation that any self-propelled road vehicle had to be preceded by a person walking at least 60 yards ahead, carrying a red flag.

The Act followed intense lobbying from horse-drawn carriage operators and the public railway industry. And in a rather severe response to the dangers posed by road vehicles, the Red Flag Act also brought into force the world's first road speed limit: 4mph in the country, 2mph in towns, and a £10 fine for "speeding".

As motoring innovation gathered pace, the Act – originally passed with hefty traction engines in mind – looked increasingly absurd, and many campaigned against it. It was finally repealed on 14 November 1896, when the Locomotives on Highways Act scrapped the flag and raised the speed limit to 14mph.

Motor car fans rejoiced. In celebration, a London to Brighton rally, billed as "The Emancipation Run", began with a breakfast at the Charing Cross Hotel, where Tory politician Lord Winchelsea symbolically ripped a red flag in half. (That rally still takes place each November.)

But maybe we had it lucky in Britain. That same year, 1896, a law was proposed in Pennsylvania requiring all drivers of horseless carriages, "upon chance encounters with cattle or livestock to:

(1) immediately stop the vehicle, 

(2) immediately and as rapidly as possible disassemble the automobile, and 

(3) conceal the various components out of sight behind nearby bushes until equestrian or livestock is sufficiently pacified." ""

He has been found guilty on all counts. Upto 100 years in jail. 
He is now referred to as Sam Bankman Fraud

Will be interesting to see how long he gets.

It is about time the government stamped down on white-collar crime.

However, the biggest white-collar crime is the billionaires bribing politicians through lobbyists which is allowed to continue.

I don't know much about finance, but from the very outset, I thought Crypto was a pyramid scheme, that is not based on financial principles like collateral from the backing of a central bank.

Lol...

All that money and the bird he was paying $20 million a year to bang is a hard two. 

Talk about not knowing how to use money.

You could get at least 12 hard tens and 8 high eights on your payroll for that...

Bliksim, that chick he had looks like a wet rat.

What ii amazing is that the WEF  as an example of top class investment opportimity on  their website,    The moment the news broke of his involvement in a Ponzi scheme operation the website page dealing with the support was withdrawn from the WEF website

However, what was deal with thus far is not revealing was who benefitted from the scheme/   The Democratic Party got $110 million from Bankman Fried/ while Senatir Romney got  $250 000 to fund the election of the socalled  Independent  Senate ccandidate in the Utah senate election.   Sinve it was now regarded as a Ponzi scheme was it not a money laundering scheme as well?

The payment of election contributions are known and the recipientsw should be forced to pay it back,   Why is th e present case quiet on that issue?    The reported scheme git investment of $5 billion - so where did the rest of the money went to?   That is dangerous stuff p is BF is sent to jail he may end up talking and that would be fatal fir hun,    Biden will actually set him free if  he keep quiet  since he did not know what was really going on.    

.          .                     

Well when he gets his due punishment his problems are only going to begin.

Baba Oblimgubou and his buddies are waiting to show him and Hunter something that neither parents ever told them about.

Oooch!!!!!

Dumb Mike, your usual unbalanced take.
You are so biased against anything that is Democratic- despite that being where the brains are.

Sam Bankman Fraud was convicted under a Democratic government, and in Manhattan a Democratic place.

25 years for our crypto friend. 

There are two things that the Demcoratic Party embodied, namely =

*     They get kickbacks from counries rovides aid to,; and

 *     they are so far to the left that people cannot trust them since they make Stalin look like a conservative,   that it makes people think they make Stalin looks like a moderate DP mmebs compared to the Democrats in their dictaqtorsdhip drive.

I hate criminal public servants to steal most -they should be shot on sight.         -

The latest Wanker prescription…..shoot people who steal. Well I guess it would solve the jail overcrowding problem and the shoplifting problem. But it seems a little harsh for a peacenik. What do we do with those who sit in the stadium boxes of those whose projects they are reviewing I wonder.

Mozart

When public servants and politicians loot taxpayer money they should get the msot severe sentence imaginable.   Maybe I thought of he Chinese punishment - a shot in the back of their heads.    . However, in teh USA at resent it is a mad case where looters are rewarded and not punished.      

Perhaps you should focus your attention closer to home