Political Ponzi Scheme: Biden to Ukraine—Ukraine to FTX—FTX To Fund Democrat Candidates

FTX appears to be a “Political Ponzi Scheme” in which American military aid dollars to Ukraine were funneled by the Ukrainian government to FTX and then by FTX to Democrat Politicians. 


The Gateway Pundit’s Joe Hoft reported,

Did you ever wonder where all those billions of dollars were going in Ukraine?  Did you ever wonder why anyone was trusting the elites in US politics like the Bidens with billions in funds going to Ukraine?

Today it turns out that these were excellent questions.

We have information that the tens of billions of dollars going to Ukraine were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency.  Now the money is gone and FTX is bankrupt.

Earlier today we reported that the FTX cryptocurrency appeared to be used in a ponzi scheme involving the Democrats and Ukraine.

As reported earlier, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms.

Sam Bankman-Fried [CEO of FTX] is Biden’s second biggest donor. 

Read more.

Here are the key points in Joe Hoft’s article,

  1. Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying.
  2. Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his  exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.
  3. The Ukrainian government has gathered more than $42 million in cryptocurrency donations since Saturday, plus digital artwork including a limited edition worth roughly $200,000, according to blockchain analytics firm Elliptic. The challenge is how the country cashes in on these assets to fund its war needs.
  4. Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.
  5. FTX Appears to Be a Political Ponzi Scheme Running Dollars to Politicians and Through Ukraine.
  6. The FTX collapse is just another day in the life of Democrat and RINO corruption in the US.  This scandal involves Ukraine as well.  As mentioned previously, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms. Bankruptcy Court Should Immediately Clawback $40 Million in Recent Donations to … Continue reading

In a November 12th, 2022 Reuters article titled Exclusive: At least $1 billion of client funds missing at FTX reported,

New York, Nov 11 (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.

The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters.

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.

As Joe Hoft wrote, “Of course, the Democrats are sending billions to themselves.  They steal elections, why wouldn’t they steal money?”

This Democrat Political Ponzi Scheme is a bigger story than Watergate. Stay tuned as more and more information is reveled.

©Dr. Rich Swier. All rights reserved.

RELATED TWEETS:

RELATED VIDEO: FTX Has Collapsed, Over $1 Billion in Customer Funds Lost

RELATED ARTICLES:

Ukraine ‘partnered’ with top Dem donor’s crypto company FTX as Biden admin funded war effort: report

Billions of US Dollars Were Transferred to Ukraine and then Using FTX Crypto Currency the Funds Were Laundered Back to Democrats in US

FTX’s crypto empire was reportedly run by a bunch of roommates in the Bahamas who dated each other, according to the news site that helped trigger the company’s sudden collapse

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *