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The curious timing of ‘scammy’ Sam Bankman-Fried’s crypto-bust
NY Post ^ | December 14, 2022 | By Miranda Devine

Posted on 12/15/2022 5:26:47 AM PST by Oldeconomybuyer

When alleged crypto-fraudster Sam Bankman-Fried finished testifying at a congressional hearing last December, Democrat Maxine Waters, chair of the House Financial Services Committee, blew him a kiss as he walked by.

And why not, since the shambolic 30-year-old former multibillionaire is acknowledged to be the second-biggest donor to the Democrats, after George Soros.

He helped bankroll Joe Biden into the White House and had promised to donate $1 billion to help the party win the 2024 presidential election.

There are those, such as Elon Musk, who allege that SBF, as he is called, already has funneled $1 billion of stolen customer funds to Dem causes via various dark money PACs. Others on Wall Street put the number lower, at maybe $500 million.

Perhaps that was the entire point of FTX, at least in the end.

Now the jittery video-game addict faces federal charges in Manhattan of money laundering, and campaign finance violations along with wire and securities fraud.

So it probably should have been no surprise that SBF was a no-show Tuesday for what should have been hostile questioning at a hearing of the House Financial Services Committee, presided over by his fairy godmother Waters.

Some members were said to be looking forward to a good grilling of the alleged fraudster, about what happened to the $8 billion that’s gone missing from his collapsed cryptocurrency exchange FTX.

And it is fair to say, some weren’t.

(Excerpt) Read more at nypost.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: bitcoin; california; crypto; cryptocurrency; democrats; election2022; ftx; maxinewaters; sambankmanfried

1 posted on 12/15/2022 5:26:47 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

I still keep seeing this as a deep fake kinda thing. “Sam Bankman Fried”....? (Does this rhyme with “Sam Hyde” or did I just pick the wrong day to start sniffing glue?)

Someone agrees with me: On twatter the other day I saw one of those “laughing lizard businessmen” meme things and they were all laughing about: “And THEN we’ll call him ‘Bankman’...”


2 posted on 12/15/2022 5:33:42 AM PST by Scarlett156
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To: Oldeconomybuyer

Not only the timing, but the venue.

Southern District NY is a wholly owned subsidiary of American neo-commism.


3 posted on 12/15/2022 5:35:15 AM PST by AAABEST ( NY/DC/LA media/political/military industrial complex DELENDA EST)
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To: Scarlett156

I think his name is a combo of both parents’ last names. What’s worse than a hyphenated female? A hyphenated guy with two narcissistic parents, maybe.


4 posted on 12/15/2022 5:35:55 AM PST by MayflowerMadam
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To: MayflowerMadam

I was just reading about his folks.
But remember:
Reported in “the news”
Doesn’t mean it’s not a hoax!


5 posted on 12/15/2022 5:42:22 AM PST by Scarlett156
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To: Oldeconomybuyer

“I feel so used and then thrown away....” Sam. “Oh, I did not commit suicide”.


6 posted on 12/15/2022 5:50:09 AM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: Oldeconomybuyer

SBF did not commit suicide.


7 posted on 12/15/2022 6:00:50 AM PST by MrBambaLaMamba (The only good commie is one that's dead - Country Joe McDonald)
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To: MrBambaLaMamba

“SBF did not commit suicide.”

Arkancide is in his future.


8 posted on 12/15/2022 6:05:46 AM PST by EQAndyBuzz (At this point I would rather have the illegals here than the liberals.)
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To: MrBambaLaMamba

This guy is Madoff type jerk, only not as skilled. He could have kept the scam going for a decade, maybe longer if he was. (I love Bahamians, the world’s finest people. One happy archipelago. They like Americans for our money, God bless ‘em.)


9 posted on 12/15/2022 6:14:37 AM PST by Lonesome in Massachussets (Forsan et haec olim meminisse iuvabit.)
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To: Oldeconomybuyer

SBF arrest is not curious at all.

Now the FBI and DOJ can say to Congress that they cannot comment on SBF or FTX because the case is “under investigation”.

We have seen this movie many times already.


10 posted on 12/15/2022 6:33:48 AM PST by Presbyterian Reporter
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To: Presbyterian Reporter

It’s a crooked DOJ coverup for Democrats


11 posted on 12/15/2022 6:45:59 AM PST by CMailBag
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To: Oldeconomybuyer

Slobby Bankrupt Fraud and the entire demonrat party need a good neck stretching.


12 posted on 12/15/2022 7:34:32 AM PST by Newtoidaho (All I ask of living is to have no chains on me.)
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