Sam Bankman-Fried, the burned out looking ex-billionaire that had to file bankruptcy for his cryptocurrency company, FTX, is seeking a massive infusion of cash (in the billions) to keep FTX afloat. This after he just wired over a billion dollars to multiple offshore accounts in the days prior to filing for bankruptcy.
Don’t bet on him finding a savior at this point. He’s been running a huge Ponzi scheme for quite some time, purchasing homes, autos, and he loaned hundreds of millions to his girlfriend, Caroline Ellison’s company among others. Mind you, this was not his money to loan. It belonged to his investors.
Even though he’s got a huge slap on the hand coming, there is a ‘bright side’ to all this. Bankman-Fried can look forward to his appointment as the new Treasury Secretary for Biden’s administration and he can help all of us with our money.
If you pay attention to the mainstream fake news, you know that he’s a “large contributor to Republicans”, totaling $262,400, stating the specific dollar amount. They attempt to frame him as a Right winger shyster, but to be fair they do mention that he also gives money to Democrats, never giving a specific dollar amount.
The facts are that he gave about 160 times as much to Democrats as to Republicans. That’s a major indicator as to where his political loyalties lie.
Democrats received $40,000,000 (Forty Million)
Republicans received $262,400 (1/4 Million)
Where’s the ‘equity’ in that and what exactly does forty million dollars buy you with the Democrat party? We’d really like to know.