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Bankrupt FTX Hit by Mysterious Outflow of About $662 Million (Yellen Calls For Regulation But Ignore Obvious Inflation and Debt Crisis) At Least Dogecoin Is Up Today
Confounded Interest ^ | 11/12/2022 | Anthony B. Sanders

Posted on 11/12/2022 6:56:12 AM PST by Kaiser8408a

Sam Bankman-Fried’s bankrupt digital-asset exchange FTX was hit by a mysterious outflow of about $662 million in tokens in the past 24 hours, the latest twist in one of the darkest periods for the crypto industry.

And like that, O’Biden’s Treasury secretary Janet Yellen FTX Debacle said that it shows need for crypto regulation. Or Yellen could suggest a “buyer beware” tactic, but she is part of the most aggressively regulatory administration in history, MORE regulation is needed! /sarc

Regulate, regulate, dance to THEIR music!

At least Yellen is noticing Bankman-Fried (a new twist on Kentucky-Fried) and FTX since she is seemingly oblivious to the harm being done by The Federal Reserve and The Federal government with regards to inflation and debt growth. She is a Bird of War.

Like this chart of the Purchasing Power of the US Dollar CPI. Janet?

Damn it, Janet. Why don’t you discuss the Medicare and Social Security crisis (remember Joe Biden said Republicans may try to fix it which Biden turned into a nasty attack claiming that Republicans were going to take away your Social Security).

Lastly, the US has $172.6 TRILLION in unfunded Federal promises. Janet? A least FLA Senator Rick Scott tried to address the problems with Social Security, but Nasty Joe Biden “yelled Republicans are going to take away your Social Security!” I argue that O’Biden, Yellen and Democrats are going to let SS blow-up rather than take on politically challenging issues. Social Security liability is $22.23 trillion yet O’Biden just promised $500 billion per year to third-world countries and keeps sending billions to Ukraine. Janet?

Perhaps Sam Bankman-Fried could be ordered to do KFC ads as “The Colonel.”

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; bitcoin; cryptocurrencies; cryptocurrency; ftx; regulation; sambankmanfried; yellen
OMG! Look at these charts! HOW can anyone vote for Democrats who are leading us down the road to Venezuela.
1 posted on 11/12/2022 6:56:12 AM PST by Kaiser8408a
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To: Kaiser8408a

There are rumors that Ukraine ‘invested’ in this crypto.

No telling where the money went we sent there.


2 posted on 11/12/2022 7:09:44 AM PST by TigerClaws
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To: Kaiser8408a

Might be related to this. FTX hacked.

https://freerepublic.com/focus/f-chat/4108501/posts


3 posted on 11/12/2022 7:12:14 AM PST by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: TigerClaws

‘Rumors’?

They outright partnered together in March: https://freerepublic.com/focus/f-news/4108540/posts


4 posted on 11/12/2022 9:03:28 AM PST by Ultra Sonic 007 (There is nothing new under the sun.)
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To: TigerClaws

I knew this was a democrat party money laundering operation!!

Now-Collapsed FTX Crypto Slush Fund Laundered Ukraine Donation Money to Democrat Candidates to Help Rig Midterms
https://americafirstreport.com/now-collapsed-ftx-crypto-slush-fund-laundered-ukraine-donation-money-to-democrat-candidates-to-help-rig-midterms/


5 posted on 11/12/2022 4:29:48 PM PST by minnesota_bound (Need more money to buy everything now)
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