patrick.net

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I wonder how many more companies file bankruptcy because of bad loans to or dealings with FTX.

Enough to cause a 1929 moment?

https://www.wsj.com/livecoverage/stock-market-news-today-11-28-2022/card/ftx-spending-spree-included-offers-to-washington-advocacy-groups-2V3bmXZVna1H5IdC29Ye

Nov 28, 2022 at 3:45 pm ET
FTX Spending Spree Included Offers to Washington Advocacy Groups
By Paul Kiernan
FTX’s full-court press to influence policy makers in Washington included offers of funding for progressive advocacy groups.

In November 2021, FTX founder Sam Bankman-Fried donated $100,000 to the Center for American Progress, a liberal group founded by former Clinton administration chief of staff John Podesta, its spokeswoman said.

Paywall, but at least we see this much for free.

HeadSet says

Enough to cause a 1929 moment?

Nothing can cause that, they will just devalue the dollar and print more money.

I'm beginning to think DARPA with the fading of Facebook is going to turn increasingly to boiler room pump and dump schemes like FTX to perform targeted crimes and conspiracies, which will then be detonated.

Dynastic sock puppets (virtue signaling with the pretense of innocent geniuses, just a bit misguided), is the front for giving them immunity for their participation. Who wouldn't want an all expense paid vacation to the Bahamas for years to drug 'n fuck with abandon with shitloads of money to mess around with.

SBF of course will still wind up wealthy after this as a commission, likely in one of the non extraditable domains waiting for another puppet President to pardon him (or social amnesia). With the SEC chairman a co-conspirator and a corrupt DOJ, he doesn't seem to have a lot to worry about except from his enraged, burned investors.

Release the Kraken
Crypto exchange Kraken, the second largest in the U.S., is laying off 1,100 employees, or 30 percent of its workforce, its co-founder Jesse Powell said in a statement on Wednesday.
Citing “macroeconomic and geopolitical factors have weighed on financial markets,” Powell said the company’s downsizing is a correction of growth from the prior year, when cryptocurrency prices soared and prospects for the industry appeared much brighter than today.

https://nymag.com/intelligencer/2022/12/why-hasnt-sam-bankman-fried-been-arrested-yet.html

Why Hasn’t Sam Bankman-Fried Been Arrested Yet?

Duh:

Tom Fitton
@TomFitton
Nov 12
While the Biden gang has been harassing and threatening @ElonMusk and his companies, one of the worst scams in modern finance was being perpetuated under their nose by a regular WH/Hill visitor and the second biggest Democratic donor.

Elon Musk
@elonmusk
Nov 13
Replying to @TomFitton
SBF was a major Dem donor, so no investigation
Nov 13, 2022 · 3:56 PM UTC

Wasn't sure where to put this one, so here will have to do.

Confirmed real:

https://nitter.pussthecat.org/WillManidis/status/1598328748767674368#m

(Elon's response a bit down the page)

Did anyone watched his interview with George Stephanopoulos. Everything is scripted by DNC and an army of their lawyers.

LOL! Bitcoin explained. To pull a grift, you have to show money to the greedy to scam them.

https://nypost.com/2022/12/09/coinbase-ceo-slams-media-for-treating-sam-bankman-fried-with-kid-gloves/

https://slaynews.com/news/biden-sec-chief-held-secret-meetings-george-soros-hillary-clinton-hid-info-public/

Biden’s SEC Chief Held Secret Meetings with George Soros & Hillary Clinton, Hid Info from Public




Democrat President Joe Biden’s head of the Securities and Exchange Commission (SEC) has been caught covering up secret meetings he held with George Soros and Hillary Clinton, according to reports.

SEC Chairman Gary Gensler scrubbed all mention of a meeting with twice-failed Democrat presidential candidate Hillary Clinton from the public version of his calendar.

He also reportedly hid key details of a meeting with radical billionaire George Soros.

Gensler’s public calendar showed that he only had a staff meeting on August 7, 2021.

However, Gensler’s private calendar lists a meeting with Clinton.

On August 20, 2021, Gensler’s public calendar states that he met with Soros but the meeting’s agenda is hidden.

Yet his private calendar shows that the two met to discuss a forthcoming Wall Street Journal op-ed that Soros was planning to write.

Funny how Gensler knows SBF from MIT but the article makes no mention of that at all. Seems quite relevant to me.

MIT and Stanford in the thick of an Intel agency Ponzi/ laundering scheme patsying a couple of grandiose precocious spawns. Whouda thought. "Just keep the fickle finger of blame away from their handlers." My bet it goes back to DARPA/CIA again, the manufacturers of pre-packaged assault organizations handed to puppet figures who take the flak and give the storefronts a face. Gensler is just another Globalist cuck.

https://babylonbee.com/news/lawmakers-prosecute-sam-bankman-fried-for-running-out-of-bribery-money

LOL! As I said in another thread. Must read Patnet.

Getting better. Possession is nine tenths and all of that.
https://t.me/drue86/28950

Getting better and better. It's a sad day when you are getting that 'Lee Harvey Oswald Patsy' feeling about your still anonymous handlers. "I'll squeal and turn you all.....shlumpf, gag, gargle, suicide.":
https://t.me/drue86/27647

Standard shake down operating procedure for countries hosting financial criminals. The 'hosts' want their cut, or, eventually ALL of the pile. So many crooked officials and open hands, so little time. SBF should have read the biography of Robert Vesco.
https://t.me/drue86/27647

When you go to 'psychopath finishing school' to learn how to virtue signal suckers with insincere Progressive Globalist Screed ( Centre for Effective Altruism (EA)), what could possibly go wrong? Kind of like Obama's fake years at Columbia, when he was being trained and groomed by the CIA as a full blown Manchurian instead and was never on campus or attending classes.
https://t.me/drue86/27654

Better and better and better. Thanks, Sam, for all your good work. Your legacy in the world of patsys and useful idiots will live forever. How long will the crypto con go on, or will they pull the rug out of all to create the fear necessary to drive the herds to the central bank psychos for crypto, the big predators eating the little predators?
https://t.me/drue86/27655

Now lining up the new era of disposable useless idiot on other fronts as well? If this shit doesn't make you enjoy (if not believe) Q, nothing will.
https://t.me/drue86/27659

I wonder if Sam's screechy whining to his shadow handlers will drive them up the wall? Maybe they can use it at 120 DB for brainwashing victims tied to a chair.

https://t.me/STFNREPORT/19767

https://spectatorworld.com/topic/sam-bankman-fried-ftx-arrested-charged-fraud-conspiracy/

The FTX founder is currently held in the Bahamas, pending extradition to the United States, which reports say he will resist in a Bahamian court. He was scheduled to testify to Congress on Monday, but his arrest took that off the table. Bankman-Fried chose to headquarter FTX in the Bahamas — to great fanfare — and was staying there at the time of his arrest.

So he was going to be in the US, but now that he's been arrested in the Bahamas, the US can't easily get him but has to ask nicely.

Maybe SBF wanted to be arrested over there.

https://nypost.com/2022/12/14/sam-bankman-frieds-ex-caroline-ellison-spotted-in-nyc/

Sam Bankman-Fried’s ex spotted in NYC as rumors of her flipping on him swirl
By Isabel Keane
December 14, 2022