The Clinton Foundation now found to be associated with laundering $ through FTX.Political Moonshine has been prolific in writing about the corrupt finance linking Washington political players and Ukraine. It has been going on for years. I encourage you to read two recent pieces. Warning, you are going down a rabbit hole. The Moonshine folks, in my view, would benefit from a savvy editor.
The first article, The Keystone of Corruption: Ukraine and the FTX Scandal, lists what it considers to be key facts about the corrupt activities of FTX:
- Tens of billions of U.S. dollars have been funneled to Ukraine
- The money was laundered through FTX
- The laundered money now in the form of FTX cryptocurrency was funneled back to Democrats and the Bidens
- All of that money is now gone and FTX is bankrupt
- FTX gave at least $40 million to Democrats in advance of the 2022 midterms
- FTX funded congressional campaigns for members overseeing the Commodity Futures Trading Commission (CFTC), [oversees regulation of the cryptocurrency industry]
- FTX’s ex-CEO Sam Bankman-Fried aggressively lobbied the CFTC.
- FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC)
- The investigation was opened after Bankman-Fried allegedly moved $10 billion in client assets at FTX to his trading firm Alameda Research
- A liquidity crisis at FTX caused the company to file for bankruptcy
- FTX is directly involved with and related to Ukraine
- In March, the Washington Post reported that Ukraine was dealing in cryptocurrency
- The Ukrainian government gathered more than $42 million in cryptocurrency donations
- Approximately a week after Ukraine gathered the cryptocurrency donations, FTX engaged with Ukraine
- Respective to the Russian invasion of Ukraine FTX/Sam Bankman-Fried formulated a cryptocurrency donation project in Ukraine
- Bankman-Fried announced that FTX would support the Ukrainian Ministry of Finance and other communities in collecting cryptocurrency donations for the nation.
- The Ukrainian government has received over $60 million in cryptocurrency donations globally
- Bankman-Fried cited humanitarian aid and access to global financial infrastructure as causes
- Bankman-Fried indicated that cryptocurrency exchanges should enforce sanctions announced by the government
- Bankman-Fried was the #2 donor to the Democratic party; George Soros was #1
- The money laundering circle was: Democrats vote to send funds to Ukraine, Ukraine invests in FTX, FTX cryptocurrency was funneled back to the same Democrats
The follow up post, The Keystone of Corruption: Ukraine, the FTX Scandal, PrivatBank, the National Bank of Ukraine and Ihor Kolomoyskyi, hones in on Ihor Kolomoyskyi. Remember him? He reportedly funded the AZOV Battalion and he played a key role in putting Zelensky in the Presidential “palace” in Kiev.
One final but important data point in understanding the FTX implosion, at least according to the New York Post. Mr. ChangPeng Zhao, CEO of Binance. According to the New York Post:
Earlier this month, Coindesk published a report that Bankman-Fried’s investment firm Alameda Trading’s balance sheet was relying on FTX’s cryptocurrency token, known as FTT. Around this time, Zhao sold a massive trove of FTT, which ultimately triggered FTX’s bankruptcy.
“It’s not a coincidence he goes to the Middle East and comes back bankrupt,” the source speculated. “The trip created the unraveling of the fraud. There’s a direct causation between that marketing junket and Bankman-Fried’s downfall.”
https://nypost.com/2022/11/15/ftx-founder-sam-bankman-fried-triggered-downfall-by-badmouthing-crypto-rival-sources/
