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FTX - Digital Currency Exchange Platform CRASH


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I'm not big on digital currency but there are many comments around the forum about the criminal FTX crash and bankruptcy. 

 

It's a big one which spreads into the WEF and Government's of USA and Ukraine and tens of thousands of private investors that have collectively lost Billions. 

 

I thought that it might be a good idea to have them all in one place. 

 

Sam Bankman-Fried being responsible for the criminal activity that brought FTX down. 

 

Jeff Berwick has plenty to say about this. 

(skip to 30.15 - past the beginning where he explains that he's just become a Father to a baby boy and waffles about other stuff.)

 

 

HOW THE WEF, COLLAPSE OF FTX, UKRAINE, CHILD TRAFFICKING, ELECTIONS, BILL CLINTON AND JOE BIDEN ARE.. 

 

https://www.bitchute.com/video/uXXJPo5ViY7G/

 

Edited by legion
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Right after the shitstorm picked up FTX, some global elites on a par with Dems and Ukrainian authorities rushed to issue mea culpas. 

 

The others are trying hard to hide their ties to the crypto exchange and its disgraced founder. But at least digital fingerprints can’t be wiped off!

 

✓Web archive shows the World Economic Forum previously listed FTX as one of its “reliable trading partners” 

 

✓Bankman-Fried also was a speaker at Davos last May alongside luminaries such as Google fin. chief Ruth Porat and Bill Winters, CEO of the London-based fin. giant Standard Chartered

 

✓Even more interestingly, Jan Koum

 

– the Ukrainian billionaire who co-founded WhatsApp and sold it to Facebook for $19 bln in 2014 – bought a stake via his family office like some other wealthier individuals

But it’s apparently just the tip of the iceberg. FTX’s sudden downfall has rankled some within Dems who expected a major influx of donor cash in the months ahead. 

 

 

IMG_20221117_002608_894.jpg

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Even Craig Murray is speaking about this !!! 🤨 

 

FTX 


This is what I think of as a signpost article – it points you to something the mainstream media is deliberately not giving the prominence it needs, but I have no personal expertise or inside knowledge to give you. I am just giving you a start to get going. Several readers will have a much better understanding than I, and I encourage you to give your thoughts in comments below.

 

It is also worth noting that only the immediate improvement to freedom of speech on Twitter by Elon Musk has brought this to my attention. Several sources – particularly Citizens for Legitimate Government – have suddenly appeared in my feed again after being entirely suppressed.

My own tweets are, for now, less suppressed – my own family have been receiving notifications from me after they were stopped for over a year. I am not in general a fan of billionaires like Musk, and I do not know where Twitter will settle, but there is undoubted initial improvement.

 

The FTX story seems truly remarkable. From being founded only in 2017 it rose to be a “partner organisation” of the World Economic Forum and the second largest donor to Biden and the Democrat’s mid-term election campaign. It has now gone completely bust, taking every penny of its depositors money with it.

 

That is some trajectory.

The World Economic Forum has deleted its FTX page, but the Wayback machine has it:

Screenshot-1921-1024x614.png

I suppose it is inevitable that dodgy chancers would create derivatives markets for gambling on crypto, but I confess I had not given the matter much thought. It goes without saying that in those five years the founder of FTX had managed to take a huge personal fortune out of the company before it went bust.

 

FTX was a one man company belonging to Sam Bankman-Fried. The board consisted of him, an employee and the company lawyer. Over US$20 billion of investors’ funds from FTX were funneled to a fund management company, Alameda Research, also owned by Sam Bankman-Fried.

$37 million was donated by Bankman-Fried to the Democrats for the 2022 elections. Every penny of that originated with duped FTX investors. That is in addition to the $5 million given to the Biden 2020 campaign. FTX, of course, crashed instantly after those mid-term elections, which is interesting timing.

 

The BBC and the Guardian were constantly bombarding us with the term “democracy denier” in their coverage of the US elections, strangely not in reference to Hillary’s ludicrous claims that Russian interference was the cause of her loss in 2016.

I view as a joke any notion that the USA is a democracy.

 

Democracy is about giving citizens a choice of political direction. The 2022 elections saw a simply incredible campaign spend of US$ 9.7 billion. Yes, nearly ten billion dollars. This is not democracy, it is a huge exercise in corporate control from which the ordinary citizen is frozen out.

 

Despite an aggressive tribalism which has stalemated the political system for decades, the difference in policy platform between Democrats and Republicans is highly marginal, with no alternative on offer to rampant and uninhibited commercial exploitation of the population by the super-wealthy.

The Democrats are marginally more keen on attacking other countries; the Republicans are marginally more against measures to curb carbon emissions.

 

Vaunted differences on immigration and welfare turn out to be very small indeed, with very little changing when the White House does.

 

American elections are simply about the super rich funneling in vast donations, expecting to benefit when their team gets its nose in the trough, or often donating to both sides to benefit either way.

 

I am not sure what the connection to democracy is supposed to be.

One simple fact illustrates the true nature of the bribery fest. By far the majority of the funds channeled through Political Action Committees (PACs) are given to incumbents who face no serious threat to re-election anyway. The PAC’s are interested in bribing those in power, not changing those in power. They are simply lobby groups with an opportunity for legal bribery.

 

To illustrate that, the largest donating PACs are:

National Assn of Realtors
National Beer Wholesalers Assn
American Israel Public Affairs Cmte
Credit Union National Assn
Blue Cross/Blue Shield
American Crystal Sugar

 

It is worth noting that Bankman-Fried donated ten times as much as the largest PAC donation. This brought access – he and his brother had meetings inside the White House on 7 March, 22 April and 12 May.

 

It is perhaps unsurprising therefore that FTX was involved in Ukraine, offering to exchange cryptocurrency for fiat and send it to Ukraine in an official partnership with the Ukrainian government. This from their press release

Aid For Ukraine is cooperating with the cryptocurrency exchange FTX which converts crypto funds received into fiat and sends the donations to the National Bank of Ukraine. This marks the first-ever instance of a cryptocurrency exchange directly cooperating with a public financial entity to provide a conduit for crypto donations. Earlier this month, FTX already converted $1 million worth of SOL and transferred it to the National Bank of Ukraine.

The collapse of the Bankman Fried scam was allegedly caused by hackers stealing what should have been a comparatively small portion of the assets of FTX, had they not been hived off elsewhere. Doubtless we will shortly hear from state salaried conspiracy theorists that this was Russia/Guccifer/an ISP address traced by Bellingcat to inside the Kremlin.

 

What we really have here is an Allen Stanford for 2022, with added political connections.

We would do well to heed the advice of crypto developer Nikolai Mushegian, who had as his Twitter profile: “Larpers who self-style as CEOs or CTOs or VCs are a bigger problem than the establishment. They can’t build anything and will sell you out in 2 seconds.”

 

His final tweet was posted on 28 October:

Screenshot-1922.png

The next day he drowned in the sea off a beach in Puerto Rico, where he lived. He was fully clothed including a jacket. The police are not treating it as homicide so presumably their theory is suicide by wading out to sea.

 

States of course have a massive incentive to destroy non fiat currencies, or convert them into a new category of regulation. I am interested in the current discussion on smart state digital currencies where the state can track, control and block any transaction and know in real time exactly where each citizen or entity is spending or keeping every penny.

 

It occurs to me this is the wrong way round. The state belongs to its citizens, not the citizens to the state. We should be able to track online every single penny of public money in real time and see how it is spent. Imagine being able to follow every penny of the billions the Tories spent on fraudulent PPE contracts, for example.

 

The only people whose personal currency should be able to be tracked are those who hold, or have held, positions of power in the state. Their wealth and dealings should be available in great detail to public view. As for the rest of us, our money is ours and we are entitled to privacy. 

 

https://www.craigmurray.org.uk/archives/2022/11/ftx/ 

 

 

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On 11/16/2022 at 7:46 PM, legion said:

I'm not big on digital currency but there are many comments around the forum about the criminal FTX crash and bankruptcy.

 

i see a couple of issues relating to cryptos from a truther perspective...

 

The first one is an obvious one that we have covered extensively which is that we know that the end goal of the cabal is to bring in a digital currency so that they can control all purchases at the point of sale, know how much currency everyone has (you can't hide digital currency under your mattress like physical cash) and even control how much currency is in your account. If you misbehave and question the government you could find your access to your digital currency denied or limited etc

 

now crypto advocates will say that they are using non centralised blockchains and that they present a challenge to the central banks but my concern with that argument is that most people really are not motivated like some of us by a desire to circumvent central control. Most people just comply so when they are offered the central bank digital currencies they will go along to get along and embrace the digital currency concept.

 

The second point is more of a strategic aspect. If you look at people like bill gates they are investing in tangible things like LAND because ultimately life and survival boils down to a few fundamentals: sunlight, food, water and air. All of those come with land. So if the elites control the land then they control access to food and water and if they control those fundamentals then they have a lot of leverage over people.

 

So strategically speaking if our goal is to break free from these satanists then we have to own the land but the problem with that is that many individual truthers simply can't afford land and are therefore priced out of that area. So some people might have smaller quantities of spare cash which they might instead use to buy precious metals or cryptos or use on apps like robin hood. But if the corporations people can invest in through robin hood are elite owned then why would anyone want to give them any money? you know if you actually want to win this and not be a slave

 

I once met a group that were pooling their money....just small chunks of dough in order to buy a piece of land together which they then intended to put yurts on to farm. This was budget off-griding but the principle was an interesting one. Now not everyone is going to be willing to live in a yurt but some people might be interested in pooling their resources to go into a community project like a permaculture farm or an orchard or a pig cooperative or chickens etc

 

So really what we need now is some sort of mechanism that people can invest small amounts of spare cash into that gives them a TANGIBLE return so that a) we don't give our spare cash to evil corporations and b) we (the people) start getting ownership of the fundamentals of life required to live free outside of the smart grid beast system. Cryptos and shares etc i really see as a sump for peoples money that could be going to where it is really needed if we are to live free (but as i say for most people that will require cooperative action)

 

On 11/16/2022 at 7:46 PM, legion said:

Jeff Berwick .... just become a Father to a baby boy

 

nice one Jeff!

Edited by Macnamara
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3 hours ago, Macnamara said:

 

i see a couple of issues relating to cryptos from a truther perspective...

 

The first one is an obvious one that we have covered extensively which is that we know that the end goal of the cabal is to bring in a digital currency so that they can control all purchases at the point of sale, know how much currency everyone has (you can't hide digital currency under your mattress like physical cash) and even control how much currency is in your account. If you misbehave and question the government you could find your access to your digital currency denied or limited etc

 

now crypto advocates will say that they are using non centralised blockchains and that they present a challenge to the central banks but my concern with that argument is that most people really are not motivated like some of us by a desire to circumvent central control. Most people just comply so when they are offered the central bank digital currencies they will go along to get along and embrace the digital currency concept.

 

The second point is more of a strategic aspect. If you look at people like bill gates they are investing in tangible things like LAND because ultimately life and survival boils down to a few fundamentals: sunlight, food, water and air. All of those come with land. So if the elites control the land then they control access to food and water and if they control those fundamentals then they have a lot of leverage over people.

 

So strategically speaking if our goal is to break free from these satanists then we have to own the land but the problem with that is that many individual truthers simply can't afford land and are therefore priced out of that area. So some people might have smaller quantities of spare cash which they might instead use to buy precious metals or cryptos or use on apps like robin hood. But if the corporations people can invest in through robin hood are elite owned then why would anyone want to give them any money? you know if you actually want to win this and not be a slave

 

I once met a group that were pooling their money....just small chunks of dough in order to buy a piece of land together which they then intended to put yurts on to farm. This was budget off-griding but the principle was an interesting one. Now not everyone is going to be willing to live in a yurt but some people might be interested in pooling their resources to go into a community project like a permaculture farm or an orchard or a pig cooperative or chickens etc

 

So really what we need now is some sort of mechanism that people can invest small amounts of spare cash into that gives them a TANGIBLE return so that a) we don't give our spare cash to evil corporations and b) we (the people) start getting ownership of the fundamentals of life required to live free outside of the smart grid beast system. Cryptos and shares etc i really see as a sump for peoples money that could be going to where it is really needed if we are to live free (but as i say for most people that will require cooperative action)

 

 

nice one Jeff!

If we are talking about extreme scenarios where there is no freedom. Then buying land will not help you. What matters in this situation is who owns the guns. They have the guns and the law and could take the land from you using either at any time they liked, or whatever else physical you owned.

 

even without CBDCs, we're at their mercy in the current system as they control the money supply and they can expand or contract it at any time, changing it's purchasing value. for this scenario the crytpo thesis does work because they do not control the money supply.

 

In the extreme scenario all you can do is run to the hills and grab with you whatever you can!

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13 hours ago, Mr H said:

If we are talking about extreme scenarios where there is no freedom. Then buying land will not help you.

 

we know that they want to move people off the land and into 'smart' mega cities. For example the dutch government is trying to take half the farming land in holland off the farmers so that they can build a 'smart' mega city called the 'tristate city' that would sprawl across the borders of three european countries

 

The dutch farmers are some of the most productive farmers in the world and have huge greenhouses through which they expand their growing season and they export large amounts of food around the world. So the cabal are basically targetting the very people who are feeding the world to remove their capacity to do that which first of all is going to feed into a food shortage situation unless of course the elites expect there to be a lot less people around to feed anyway due to the covid jabs

 

So the situation we are discussing is the one that the world economic forum are telling us that they want which is to say a situation where they have everyone penned into smart cities that will be highly surveilled, monitored and micro-managed. This is where they bring in universal basic income digital currencies, social credit scores, 'smart' driverless cars and remove private property so that you have to share your 'smart' micro-apartment and book a driverless car if you want to go somewhere

 

So that's the scenario that i am talking about trying to head off and the way that they can lever people into that rat trap is by firstly financially impoverishing them so that they accept government hand outs (with conditions attached) and secondly by starving people so that once again they accept government help (with conditions eg where they have to live, where they can go, accepting all the trappings of the technocratic life like UBI, social credit scores a microchip implant etc)

 

To head that off we have to be able to have a viable alternative for people which means at the most basic level being able to feed the masses so that they can't be levered into the trap

 

13 hours ago, Mr H said:

What matters in this situation is who owns the guns. They have the guns and the law and could take the land from you using either at any time they liked, or whatever else physical you owned.

 

guns are important for sure which is why the democrats are desperate to disarm the US population. This is why they want to naturalise the 20+million illegal immigrants in the US so that they can use them as voters to force through new legislation that will end private gun ownership and the US constitution

 

Re them taking the land off you we have to consider what the rank and file soldiery would actually be willing to carry out. For example many military people in the US will be republicans and will be pro-constitution and pro-gun ownership. They may not be willing to execute certain commands against their own populace and there are also rules like posse comitatus that proscribes the deployment of US troops on US soil however i think the National defence authorisation act has gone some way t undermining that

 

This is why conspiracy theorists have spoken for decades about the possible use of United Nations troops by the cabal to occupy the US and impose NWO laws. This is also why some of us are now nervous about the tens of thousands of military aged male migrants that the british government are flooding into the country because they could potentially be armed, trained and used by the government against the native people to whom they have no loyalty.

 

But lets consider that owning a gun means nothing without the necessary mental willingness to use it to defend ones rights. The psychological aspect is key here and requires people to understand their common law rights and be willing to defend them. Even without guns the british people could make a strong stand against land grabs if and only if they are mentally strong enough. One thing that increases that mental strength is feeling invested and one way to feel invested is to have something to lose like land. A person struggling to make ends meet who is living in a tiny apartment in a grenfell tower like building is already living in the smart city conditions so they feel they have nothing to lose and will willingly trade what they have for free handouts and a new micro-apartment whereas someone who owns and farms land is less likely to accept incentives to give up what they have. So land ownership is a key part of building the mental component of resistance

 

13 hours ago, Mr H said:

even without CBDCs, we're at their mercy in the current system as they control the money supply and they can expand or contract it at any time, changing it's purchasing value. for this scenario the crytpo thesis does work because they do not control the money supply.

 

we can replace their money in a flash either through official channels to resurrect the BRADBURY POUND or through grass roots level to create our own currencies like the brixton pound. On top of that people who own land and produce their own wares have something real to trade and the british 'burgh' system was created with the burghs never more than 16 miles apart so that regardless of where someone lived in between them they would never have more than 8 miles to walk to a market place. Markets can be resurrected and the internet can also be used to create goods exchanges

 

13 hours ago, Mr H said:

In the extreme scenario all you can do is run to the hills and grab with you whatever you can!

 

nope that leaves you starving over the winter. If on the other hand the people own the land and are farming it the government is going to have to physically remove them and that is a considerable obstacle

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1 hour ago, Macnamara said:

 

we know that they want to move people off the land and into 'smart' mega cities. For example the dutch government is trying to take half the farming land in holland off the farmers so that they can build a 'smart' mega city called the 'tristate city' that would sprawl across the borders of three european countries

 

The dutch farmers are some of the most productive farmers in the world and have huge greenhouses through which they expand their growing season and they export large amounts of food around the world. So the cabal are basically targetting the very people who are feeding the world to remove their capacity to do that which first of all is going to feed into a food shortage situation unless of course the elites expect there to be a lot less people around to feed anyway due to the covid jabs

 

So the situation we are discussing is the one that the world economic forum are telling us that they want which is to say a situation where they have everyone penned into smart cities that will be highly surveilled, monitored and micro-managed. This is where they bring in universal basic income digital currencies, social credit scores, 'smart' driverless cars and remove private property so that you have to share your 'smart' micro-apartment and book a driverless car if you want to go somewhere

 

So that's the scenario that i am talking about trying to head off and the way that they can lever people into that rat trap is by firstly financially impoverishing them so that they accept government hand outs (with conditions attached) and secondly by starving people so that once again they accept government help (with conditions eg where they have to live, where they can go, accepting all the trappings of the technocratic life like UBI, social credit scores a microchip implant etc)

 

To head that off we have to be able to have a viable alternative for people which means at the most basic level being able to feed the masses so that they can't be levered into the trap

 

 

guns are important for sure which is why the democrats are desperate to disarm the US population. This is why they want to naturalise the 20+million illegal immigrants in the US so that they can use them as voters to force through new legislation that will end private gun ownership and the US constitution

 

Re them taking the land off you we have to consider what the rank and file soldiery would actually be willing to carry out. For example many military people in the US will be republicans and will be pro-constitution and pro-gun ownership. They may not be willing to execute certain commands against their own populace and there are also rules like posse comitatus that proscribes the deployment of US troops on US soil however i think the National defence authorisation act has gone some way t undermining that

 

This is why conspiracy theorists have spoken for decades about the possible use of United Nations troops by the cabal to occupy the US and impose NWO laws. This is also why some of us are now nervous about the tens of thousands of military aged male migrants that the british government are flooding into the country because they could potentially be armed, trained and used by the government against the native people to whom they have no loyalty.

 

But lets consider that owning a gun means nothing without the necessary mental willingness to use it to defend ones rights. The psychological aspect is key here and requires people to understand their common law rights and be willing to defend them. Even without guns the british people could make a strong stand against land grabs if and only if they are mentally strong enough. One thing that increases that mental strength is feeling invested and one way to feel invested is to have something to lose like land. A person struggling to make ends meet who is living in a tiny apartment in a grenfell tower like building is already living in the smart city conditions so they feel they have nothing to lose and will willingly trade what they have for free handouts and a new micro-apartment whereas someone who owns and farms land is less likely to accept incentives to give up what they have. So land ownership is a key part of building the mental component of resistance

 

 

we can replace their money in a flash either through official channels to resurrect the BRADBURY POUND or through grass roots level to create our own currencies like the brixton pound. On top of that people who own land and produce their own wares have something real to trade and the british 'burgh' system was created with the burghs never more than 16 miles apart so that regardless of where someone lived in between them they would never have more than 8 miles to walk to a market place. Markets can be resurrected and the internet can also be used to create goods exchanges

 

 

nope that leaves you starving over the winter. If on the other hand the people own the land and are farming it the government is going to have to physically remove them and that is a considerable obstacle

Very interesting and good read.

 

I think the solutions you talk about are possible, but we need more people willing to do it and certainly a lot more collaboration than we have at the moment. 

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On 11/18/2022 at 2:51 PM, Mr H said:

 we need more people willing to do it and certainly a lot more collaboration than we have at the moment. 

 

as we've seen through the covid scamdemic the public are mostly led by the corporate media which is in bed with the government

 

so we need a shift in consciousness from media-led thinking to people-led action and that is going to require people to realise that the corporate media and the government are not only lying to them but actually intend them harm

 

That's why the government is going to legislate against the independent media because they don't want to lose that monopoly over the peoples perceptions of reality and worldview

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Have you heard the latest rumour?

Bahamian government, would be the biggest owner of ETH, seized all assets of FTX and SBF is looking to exit to the mecca of crypto land.

If that's true, I don't know how he would like to be surrounded by his nemisis.....lol

 

More drama!

 

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another ongoing financial crime being ignored by the biden regime:

After 16 Months, There Are Still No Arrests in the Fed’s Trading Scandal

 

By Pam Martens and Russ Martens: January 5, 2023 ~

This coming Saturday will mark the 16-month anniversary of former Wall Street Journal reporter Mike Derby setting off a media firestorm with his reporting that the then President of the Dallas Fed, Robert Kaplan, had “made multiple million-dollar-plus stock trades in 2020,” a year in which Kaplan was a voting member of the Fed’s Federal Open Market Committee (FOMC) with access to inside information.

While the trading scandal spread to numerous other Fed officials, including Fed Chairman Jerome Powell, the case against Kaplan seemed like a prime candidate for a criminal investigation by the U.S. Department of Justice.

Not only was Kaplan sitting on inside information gleaned from the Fed, but he was making market-moving statements himself on television.

When Wall Street On Parade obtained Kaplan’s trading records from the Dallas Fed shortly after Derby’s article appeared, it became clear that the stock trading was the least of the problem. Kaplan had also engaged in a far more brazen type of trading for a man sitting on inside information.

With the apparent approval of the then General Counsel/Ethics Officer of the Dallas Fed, Sharon Sweeney, who had signed her name to Kaplan’s trading records for years, Kaplan had repeatedly placed million-dollar-plus trades in S&P 500 futures and had been doing so for the entire five years he had been at the Dallas Fed. (See Kaplan’s financial disclosure forms from 2015 through 2020 here.)

On January 6 of last year, Dennis Kelleher, the President and CEO of the financial watchdog, Better Markets, said this regarding how Fed Chair Jerome Powell has handled the scandal:

“Rather than condemn that shameful conduct and come clean with the American people, the Fed has engaged in a cover up, refusing to disclose the facts or punish anyone. Indeed, the Fed Chairman himself has repeatedly minimized if not exonerated the trading, inaccurately and misleadingly blaming outdated Fed policies. Having taken those public positions, he then merely called for a self-investigation of the Fed by the Fed’s in-house Inspector General, who the Chair appointed and who reports to the Chair. The Fed’s IG investigating the trading, including his boss’s trading, and determining if his boss’s many public statements exonerating everyone at the Fed were inaccurate, false, or misleading will have little if any credibility.”

https://wallstreetonparade.com/2023/01/after-16-months-there-are-still-no-arrests-in-the-feds-trading-scandal/

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