WhoaTed
Antichrist
I can attest to that, my brother in law is a Cardinal. Can be a PITA but a real nice guy if you can steer the conversation a bit, and by far the wealthiest person I know.
FTX
- Thread starter blunderfull
- Start date
Clove Hitch
Halyard licker
silent bob
Super Anarchist
- Moderator
- #105
That's not a leading theory, that is the only way they work. They've had several weeks to flip every single person who knows anything. The only people who don't flip are the zealots, and there are no zealots in business.
They didn't need anyone to flip to arrest him. They arrested him as soon as his lawyers turned down congress's hearing, because that's when they first learned he would be pleading the fifth. Once he wasn't incriminating himself anymore, there was no more reason to leave him in the wind.
'Plain Old-Fashioned Embezzlement:' Searing House Testimony Paints Picture of FTX’s Collapse
FTX's presiding CEO described pervasive fraud at FTX spearheaded by a group of, "grossly inexperienced and unsophisticated individuals."
gizmodo.com
Keith
Super Anarchist
Dog 2.0
Super Anarchist
- 4,084
- 616
"Well, this is the first time in my memory that prosecutors rather than a defense attorney stopped someone from making self-incriminating statements," Jonathan Turley on the decision to request that the Bahamas arrest Sam Bankman-Fried hours before he was scheduled to testify to Congress.
They wanted to protect the integrity of the defendant, before he was further exposed to the superior liars of Congress and upped his game substantially.
Besides, FTX leadership had been busy paying them off (both sides) and it was dangerous to provide opportunity for the criminals to conspire any further.
billy backstay
Backstay, never bought a suit, never went to Vegas
Did she cut a deal with prosecutors??
Former SEC Lawyer Suggests Someone Might Have Cut A Deal With Prosecutors Given SBF's Speedy Arrest
"While it is not known yet if that is the case, or who might be cooperating at this point, I would not be surprised if Ms. Ellison was one of the first persons seeking to help the prosecution," the former SEC lawyer noted.
www.ibtimes.com
Dog 2.0
Super Anarchist
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- 616
I'll go as far as there was protection involved.
- Moderator
- #113
Stop being such a mark, dog. Turley makes his living getting dumb people to believe bullshit made to sound like law. I told you yesterday why he was picked up at the time he was. The rest is you being a sucker.
- Moderator
- #114
Do you notice dog that neither Turley nor anyone else in the RW media ecosphere will actually name anyone doing the 'protecting' or whatever else they are bullshitting you about? That's because they know they're lying, and if they name anyone, they'll be sued into bankruptcy like Rudy and Mike Pillow and Alex Jones and Rupert Murdoch. By never using any names, or 'just asking questions', they can pretend they're crusaders without actually having to ever prove it. If they were telling the truth, they'd be screaming the names from the rooftops.
The wood elf flips?Did she cut a deal with prosecutors??
Former SEC Lawyer Suggests Someone Might Have Cut A Deal With Prosecutors Given SBF's Speedy Arrest
"While it is not known yet if that is the case, or who might be cooperating at this point, I would not be surprised if Ms. Ellison was one of the first persons seeking to help the prosecution," the former SEC lawyer noted.
- Moderator
- #116
Listen ya derpy fucks: EVERYONE FLIPPED, and probably before the news even broke. There's even a term for these situations: They all 'race to the feds' because the earlier the cooperation, the better the plea deal.The wood elf flips?
@MR.CLEAN
From Politico. As lose as campaign money rules are, it is alleged they still felt need to buy more influence then was legal. What do you think the return on investment was supposed to be?
The eight-count grand jury indictment was unsealed this morning and a parallel SEC complaint against Bankman-Fried include few details about the campaign finance charges. They allege that Bankman-Fried, who disclosed spending around $40 million during the midterms, and “others known and unknown” doled out illegal straw donations to evade contribution limits and reporting requirements and illegally used corporate funds to make political donations under the name of someone else.
— According to the SEC complaint, Bankman-Fried “placed billions of dollars of FTX customer funds into” his crypto hedge fund Alameda Research, which he then used “as his personal piggy bank to buy luxury condominiums, support political campaigns, and make private investments, among other uses.”
— The donations went to political candidates and committees “associated with both Democrats and Republicans,” U.S. Attorney for the Southern District of New York Damian Williams said in a news conference this afternoon. They “were disguised to look like they were coming from wealthy co-conspirators, but in fact, the contributions were funded” by Alameda.
— “All of this dirty money was used in service of Bankman-Fried's desire to buy bipartisan influence and impact the direction of public policy in Washington,” Williams told reporters. He pleaded with “any person, entity or political campaign that received stolen customer money” to “work with us to return that money to the innocent victims” while stressing that authorities’ investigation was far from over.
From Politico. As lose as campaign money rules are, it is alleged they still felt need to buy more influence then was legal. What do you think the return on investment was supposed to be?
The eight-count grand jury indictment was unsealed this morning and a parallel SEC complaint against Bankman-Fried include few details about the campaign finance charges. They allege that Bankman-Fried, who disclosed spending around $40 million during the midterms, and “others known and unknown” doled out illegal straw donations to evade contribution limits and reporting requirements and illegally used corporate funds to make political donations under the name of someone else.
— According to the SEC complaint, Bankman-Fried “placed billions of dollars of FTX customer funds into” his crypto hedge fund Alameda Research, which he then used “as his personal piggy bank to buy luxury condominiums, support political campaigns, and make private investments, among other uses.”
— The donations went to political candidates and committees “associated with both Democrats and Republicans,” U.S. Attorney for the Southern District of New York Damian Williams said in a news conference this afternoon. They “were disguised to look like they were coming from wealthy co-conspirators, but in fact, the contributions were funded” by Alameda.
— “All of this dirty money was used in service of Bankman-Fried's desire to buy bipartisan influence and impact the direction of public policy in Washington,” Williams told reporters. He pleaded with “any person, entity or political campaign that received stolen customer money” to “work with us to return that money to the innocent victims” while stressing that authorities’ investigation was far from over.
There is a kernel of truth to the right wing nutters. It wasn’t money laundering of weapons money intended for Ukraine as a Trumper suggested. It wasn’t all Democrats on the payroll as many claim (though they were the more expensive whores). I haven’t taken to time to figure out what lies Dog believes in detail, but FTX was buying protection from regulation and government agencies.
Unfortunately for them, you don’t buy congressmen or hookers. You rent them and buy the sex (influence). Nobody investigated Trump or SBF until the political money stopped.
- Moderator
- #120
Sure, but it's no different from the way every other billionaire's financial business uses their political 'speech' to make it look like they're trustworthy.
Meanwhile, all the crypto bros on the planet could barely slow down the SEC/FTC and their regulation plans. Turns out banks and brokerages have a lot more political capital than the newest snake oil salesman.
