Accountability is up to us, America.
As the Gateway Pundit reported over the weekend:
“...the tens of billions of dollars going to Ukraine were actually laundered back to the US to corrupt Democrats and elites using FTX cryptocurrency. Now the money is gone and FTX is bankrupt…the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms. Sam Bankman-Fried is Biden’s second biggest donor. The word is now out. The Democrats sent tens of billions to Ukraine and then laundered this money back to Democrat pockets and funds in the US. Now the company is bankrupt and the funds are nowhere to be found.”
According to reports, SBF has fled the country. According to Axios, “It now looks likely that SBF — arguably the most trusted man in crypto — will turn out to have been a crook who was embezzling his own customers' funds.”
There are many questions yet to be answered. For example, what is the impact on FTX's hedge fund Alameda Research? Alameda does all of its trading on FTX. According to the Axios piece, “If it consistently lost money on those trades, then everybody else on the exchange, in aggregate, would have considered themselves to be making money.
FTX is registered in the Bahamas, and police issued a statement over the weekend:
“In light of the collapse of FTX globally and the provisional liquidation of FTX Digital Markets Ltd., a team of financial investigators from the Financial Crimes Investigation Branch are working closely with the Bahamas Securities Commission to investigate if any criminal misconduct occurred.”
We will learn in the coming days and weeks what kind of role the US will play in the investigation, but the US has sole jurisdiction to investigate what appears to be massive money-laundering of US tax dollars – via Democrat campaigns. According to the Daily Caller:
“Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying. Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.”
Now consider this report from Washington Post from March:
“Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.”
All this news comes as National Security Advisor Jake Sullivan told reporters en route to Bali yesterday that another aid package will be announced for Ukraine next week.
“You saw the package we just announced. There’ll be another one in the next couple of weeks on roughly the same timetable and at roughly the same magnitude as we have been doing over the course of the past two weeks and months.”
They aren’t going to hold themselves accountable. It’s up to us.
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Here is today’s letter to congress.
ATTENTION CONGRESS:
We’ve long suspected that you were using foreign aid and campaign finance for money laundering. We didn’t realize they were both used in the same scheme.
According to the Daily Caller, “Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers.”
According to the Washington Post, in March, “Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.”
And now, according to Axios, “It now looks likely that SBF — arguably the most trusted man in crypto — will turn out to have been a crook who was embezzling his own customers' funds.”
Despite the unexpected coverage from mainstream news sources, National Security Advisor Jake Sullivan told reporters en route to Bali yesterday that another aid package will be announced for Ukraine next week:
“You saw the package we just announced. There’ll be another one in the next couple of weeks on roughly the same timetable and at roughly the same magnitude as we have been doing over the course of the past two weeks and months.”
It’s clear that you aren’t going to hold yourselves accountable. Due to these explosive discoveries, every single one of you should be under investigation and prosecuted.
We will get there eventually. Those who stand with the people now may find redemption.
DEMAND FOR REMEDY: We demand transparency for the FTX/Ukraine/Democrat campaign apparatus. Any legislator who obstructs this transparency will be considered complicit. We als demand new elections since these are clearly tainted by incumbent corruption.
“I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic…” Remember Your Oath.