Changes

The CEO of FTX, Sam Bankman-Fried, '''''was the #2 donor to the [[Democrats]] in the [[2020 presidential election]] giving $39.8 million, second only to [[George Soros]]''''', and said he intended to spend up to $1 billion in the [[2024 presidential election]].<ref>https://thepostmillennial.com/revealed-ceo-of-cratering-crypto-firm-ftx-is-dems-second-largest-donor-behind-soros</ref>  ''See [[Billionaire megadonors]]''.

The CEO of FTX, Sam Bankman-Fried, '''''was the #2 donor to the [[Democrats]] in the [[2020 presidential election]] giving $39.8 million, second only to [[George Soros]]''''', and said he intended to spend up to $1 billion in the [[2024 presidential election]].<ref>https://thepostmillennial.com/revealed-ceo-of-cratering-crypto-firm-ftx-is-dems-second-largest-donor-behind-soros</ref>  ''See [[Billionaire megadonors]]''.

He reportedly also donated to the [[GOP]]. <ref>https://www.theguardian.com/technology/2022/nov/30/ftx-billionaire-sam-bankman-fried-dark-money-republicans

He reportedly also donated to the [[GOP]].<ref>https://www.theguardian.com/technology/2022/nov/30/ftx-billionaire-sam-bankman-fried-dark-money-republicans

</ref> He claims, it was the same amount given to Dems..<ref>[https://fortune.com/crypto/2022/11/29/sam-bankman-fried-political-donations-democrats-republicans-dark-money/ Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats, but didn’t publicize it because reporters would ‘freak the ---- out’], ''Fortune'', Nov 29, 2022.</ref> but didn’t publicize it because reporters would ‘freak the ---- out.’

</ref> He claims, it was the same amount given to Dems.<ref>[https://fortune.com/crypto/2022/11/29/sam-bankman-fried-political-donations-democrats-republicans-dark-money/ Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats, but didn’t publicize it because reporters would ‘freak the ---- out’], ''Fortune'', Nov 29, 2022.</ref> but didn't publicize it because reporters would ‘freak the ---- out.’

==Internal controls==

==Internal controls==

FTX, a company valued at $32 billion, never had board meetings. Neither did most of the subsidiaries.  FTX had no cash management system. Management had no idea how much cash was on hand at any given time, or even where all their cash was. FTX didn't keep proper records of who they employed. Employees and contractors co-mingled throughout the different companies without proper documentation of how they spent their time. Employees submitted expense reimbursements over chat. A random manager would accept or reject those reimbursements with an EMOJI. Very few records were kept. Most decisions were made over chat, with the messages automatically deleted after a certain time.

FTX, a company valued at $32 billion, never had board meetings. Neither did most of the subsidiaries.  FTX had no cash management system. Management had no idea how much cash was on hand at any given time, or even where all their cash was. FTX didn't keep proper records of who they employed. Employees and contractors co-mingled throughout the different companies without proper documentation of how they spent their time. Employees submitted expense reimbursements over chat. A random manager would accept or reject those reimbursements with an EMOJI. Very few records were kept. Most decisions were made over chat, with the messages automatically deleted after a certain time.

==Biden regime approval==

==Biden regime approval==

[[Biden regime]] chair of the [[Securities and Exchange Commission]] (SEC) Gary Gennsler approved "no action relief" for FTX, meaning a letter saying 'if you do X in this way, while technically against SEC rules, we won't come after you'.<ref>https://threadreaderapp.com/thread/1591277985390526467.html</ref>  Bankman-Fried met with top Biden adviser [[Steve Ricchetti]] on April 22, 2022 and May 12, according to [[White House]] visitor logs.<ref>https://freebeacon.com/biden-administration/beleaguered-crypto-billionaire-was-hobnobbing-at-white-house-just-six-months-ago/</ref>

[[Biden regime]] chair of the [[Securities and Exchange Commission]] (SEC) Gary Gennsler approved "no action relief" for FTX, meaning a letter saying 'if you do X in this way, while technically against SEC rules, we won't come after you'.<ref>https://threadreaderapp.com/thread/1591277985390526467.html</ref>  Bankman-Fried met with top Biden adviser [[Steve Ricchetti]] on April 22, 2022, and May 12, according to [[White House]] visitor logs.<ref>https://freebeacon.com/biden-administration/beleaguered-crypto-billionaire-was-hobnobbing-at-white-house-just-six-months-ago/</ref>

[[Elon Musk]] commented that Sam Bankman-Fried was a major Democrat donor, so there would be no investigation.<ref>https://twitter.com/elonmusk/status/1591822387267665921</ref>

[[Elon Musk]] commented that Sam Bankman-Fried was a major Democrat donor, so there would be no investigation.<ref>https://twitter.com/elonmusk/status/1591822387267665921</ref>

The FTX crypto slush fund run by Sam Bankman-Fried and his [[MIT]] college buddies laundered money for Ukraine into nearly $40 million worth of campaign donations for Democrats in the 2022 Midterm elections. In 2022 [[Joe Biden]] and the Democrats pushed through $65 billion in funding for Ukraine, using US taxpayer money. Internationally, over $100 billion has been donated to Ukraine, according to www.Devex.com which has compiled worldwide donations and grants to Ukrainian. The corrupt Zelensky regime partnered with a corrupt crypto slush fund to take tax payer dollars from corrupt US government officials and funneled them into the hands of corrupt Democrat candidates to win rigged 2022 Midterm elections.<ref>https://rumble.com/v1ufwcc--huge-now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money.html</ref>

The FTX crypto slush fund run by Sam Bankman-Fried and his [[MIT]] college buddies laundered money for Ukraine into nearly $40 million worth of campaign donations for Democrats in the 2022 Midterm elections. In 2022 [[Joe Biden]] and the Democrats pushed through $65 billion in funding for Ukraine, using US taxpayer money. Internationally, over $100 billion has been donated to Ukraine, according to www.Devex.com which has compiled worldwide donations and grants to Ukrainian. The corrupt Zelensky regime partnered with a corrupt crypto slush fund to take tax payer dollars from corrupt US government officials and funneled them into the hands of corrupt Democrat candidates to win rigged 2022 Midterm elections.<ref>https://rumble.com/v1ufwcc--huge-now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money.html</ref>

From a cash flow perspective, FTX's [[bankruptcy]] filing on November 12, 2022 stated that FTX had zero [[bitcoin]] assets despite having $1.4 billion in bitcoin liabilities.<ref>https://archive.ph/hfvzw</ref>  From an overall perspective, the filing revealed that FTX had almost zero assets and from $10-$50 billion in [[liability|liabilities]].  Among those liabilities were “investments” made by the [[Zelensky regime]].

From a cash flow perspective, FTX's [[bankruptcy]] filing on November 12, 2022, stated that FTX had zero [[bitcoin]] assets despite having $1.4 billion in bitcoin liabilities.<ref>https://archive.ph/hfvzw</ref>  From an overall perspective, the filing revealed that FTX had almost zero assets and from $10-$50 billion in [[liability|liabilities]].  Among those liabilities were “investments” made by the [[Zelensky regime]].

The [[far-left]] ''[[Washington Post]]'' reported on March 3, 2022 that the Zelensky regime was dealing in crypto.<ref>https://www.washingtonpost.com/technology/2022/03/03/ukraine-cryptocurrency-donations/</ref>  The Ukrainian [[Ministry of Digital Transformation]] announced “Jointly with the blockchain company Everstake and the cryptocurrency exchange FTX, we’ve launched the website “Aid For Ukraine” to collect crypto for supporting the army.<ref>https://www.prnewswire.com/news-releases/ukraines-ministry-of-digital-transformation-ftx-and-everstake-launch-crypto-fundraising-site-aid-for-ukraine-301501959.html</ref>  Bankman-Fried announced that FTX will be helping the Ukrainian Ministry of Finance in collecting crypto donations.<ref>https://www.thegatewaypundit.com/2022/11/breaking-exclusive-tens-billions-transferred-ukraine-using-ftx-crypto-currency-laundered-back-democrats-us/</ref>

The [[far-left]] ''[[Washington Post]]'' reported on March 3, 2022, that the Zelensky regime was dealing in crypto.<ref>https://www.washingtonpost.com/technology/2022/03/03/ukraine-cryptocurrency-donations/</ref>  The Ukrainian [[Ministry of Digital Transformation]] announced “Jointly with the blockchain company Everstake and the cryptocurrency exchange FTX, we’ve launched the website “Aid For Ukraine” to collect crypto for supporting the army.<ref>https://www.prnewswire.com/news-releases/ukraines-ministry-of-digital-transformation-ftx-and-everstake-launch-crypto-fundraising-site-aid-for-ukraine-301501959.html</ref>  Bankman-Fried announced that FTX will be helping the Ukrainian Ministry of Finance in collecting crypto donations.<ref>https://www.thegatewaypundit.com/2022/11/breaking-exclusive-tens-billions-transferred-ukraine-using-ftx-crypto-currency-laundered-back-democrats-us/</ref>

==World Economic Forum partner==

==World Economic Forum partner==

==''NYT'' Book Deal summit==

==''NYT'' Book Deal summit==

[[File:NYT FTX.jpg|right|400px|thumb|Speakers at the ''New York Times'' event, Bankman-Fried, Zelensky, Blackrock CEO [[Larry Fink]], and Yellen.<ref>https://www.nytco.com/press/the-new-york-times-to-host-annual-dealbook-summit-on-nov-30/</ref>]]

[[File:NYT FTX.jpg|right|400px|thumb|Speakers at the ''New York Times'' event, Bankman-Fried, Zelensky, Blackrock CEO [[Larry Fink]], and Yellen.<ref>https://www.nytco.com/press/the-new-york-times-to-host-annual-dealbook-summit-on-nov-30/</ref>]]

''[[The New York Times]]'', in partnership with [[WEF]] partner Accenture,<ref>https://www.investmentwatchblog.com/new-york-times-was-planning-to-host-a-live-event-with-sam-bankman-fried-zelensky-larry-fink-ceo-of-blackrock-and-u-s-treasury/</ref> was planning on to hold its DealBook Summit on November 30, 2022 featuring Sam Bankman-Fried, Ukrainian dictator [[Vladimir Zelensky]], [[Blackrock]] CEO Larry Fink, and Biden Treasury secretary [[Janet Yellen]] as the main speakers at a cost of $2,400 to attend.  The event was scheduled for three weeks after the scandal erupted and became public.   

''[[The New York Times]]'', in partnership with [[WEF]] partner Accenture,<ref>https://www.investmentwatchblog.com/new-york-times-was-planning-to-host-a-live-event-with-sam-bankman-fried-zelensky-larry-fink-ceo-of-blackrock-and-u-s-treasury/</ref> was planning on to hold its DealBook Summit on November 30, 2022, featuring Sam Bankman-Fried, Ukrainian dictator [[Vladimir Zelensky]], [[Blackrock]] CEO Larry Fink, and Biden Treasury secretary [[Janet Yellen]] as the main speakers at a cost of $2,400 to attend.  The event was scheduled for three weeks after the scandal erupted and became public.   

Others to be included in the event were [[Mark Zuckerberg]], New York mayor [[Eric Adams]], [[CNN]] host [[Van Jones]], [[Amazon.com]] CEO Andy Jassy, [[Netflix]] founder and CEO Reed Hastings, [[TikTok]] CEO Shou Chew and former [[Indian]] governor [[Mike Pence]].  The event was billed as bringing "together the most consequential people at the intersection of business, policy and culture that are impacting society. The conversations this year will address the complicated, turbulent global landscape and seek to find solutions for the future of business, tech, policy and more.”

Others to be included in the event were [[Mark Zuckerberg]], New York mayor [[Eric Adams]], [[CNN]] host [[Van Jones]], [[Amazon.com]] CEO Andy Jassy, [[Netflix]] founder and CEO Reed Hastings, [[TikTok]] CEO Shou Chew and former [[Indian]] governor [[Mike Pence]].  The event was billed as bringing "together the most consequential people at the intersection of business, policy and culture that are impacting society. The conversations this year will address the complicated, turbulent global landscape and seek to find solutions for the future of business, tech, policy and more.”