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CEO of FTX, Sam Bankman-Fried (right) with Blair and Clinton. Facebook

US aid to Ukraine invested in crypto FTX scheme

The sudden collapse of a crypto exchange linked to the Democratic Party in the US, has revealed that FTX presently suffers from $10-$50 billion in liabilities and virtually no assets. And among those liabilities, are "investments" made by Ukraine's leadership clique.

Published: November 14, 2022, 7:31 am

    New York

    The company FTX, in its bankruptcy filing appears to have held tens-of-billions in American “military aid” to Ukraine. Instead of using the alleged funds to fight Russia, the money was instead invested in the FTX Ponzi scheme.

    From the bankruptcy filing it is clear that this money has now disappeared.

    “Instead of using US military aid to fight Russia, Ukraine ‘invested’ part or all of it, into FTX, and right now, it looks like all the money’s gone,” said Hal Turner, a well-known American radio host.

    The crypto money from unsuspecting clients was also used to fund the Democratic Party in the United States. More evidence has surfaced suggesting that the funds may have been stolen.

    The CEO of FTX, Sam Bankman-Fried, was one of the top donors to the Democrats, with only George Soros outperforming his largesse. Recently, he also shared a podium with inveterate globalists Tony Blair and Bill Clinton.

    According to Turner, it seems that Ukraine was receiving money from the US, and then sent it to FTX, and FTX sent it to the same Democrats, who had originally voted to send it to Ukraine.  “At this hour, it appears to some observers to be pure, criminal, money-laundering, and a criminal conspiracy to violate campaign finance laws,” said Turner.

    The 28-year-old Caroline Ellison, who ran Alameda Research. Facebook

    Reuters exclusively reported that the founder and CEO FTX transferred $10 billion of customer funds from FTX to the trading company Alameda Research, which is run by his girlfriend Caroline Ellison.

    Sam Bankman-Fried was born in 1992 on the campus of Stanford University into a family of academics. Born and raised to an upper-middle-class Jewish family in California, he is the son of Barbara Fried and Joseph Bankman, both professors at Stanford Law School. His aunt Linda P. Fried is the current dean of Columbia University Mailman School of Public Health. His brother, Gabe Bankman-Fried, is a former Wall Street trader and the director of the non-profit Guarding Against Pandemics.

    He was the second-largest individual donor to Democratic causes in the 2021–2022 election cycle with total donations of $39,8 million, only behind Soros. Of this, $27 million was given to Protect our Future PAC, bankrolled by Bankman-Fried.

    The US Securities and Exchange Commission and the Commodity Futures Trading Commission are currently looking into whether FTX.com mishandled customer funds. Bankman-Fried is also being investigated by the US Securities and Exchange Commission for potential violations of securities rules.

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