Posted on 12/24/2022 8:54:21 PM PST by SeekAndFind
Sam Bankman-Fried, the man at the center of the FTX scandal, is back on US soil after having been extradited from the Bahamas to face federal charges. Naturally, because our justice system is about as coherent as a two-year-old quoting Shakespeare, the notorious fraudster was immediately granted bail and is now spending the holidays with his family. The American oligarchy is alive and well.
But I digress, there’s a lot more to the FTX scandal than just Bankman-Fried’s fate, and one of the more interesting aspects of the entire ordeal is just how close many Democrats were to him. In fact, according to Politico, a Democrat operative and close advisor to Bankman-Fried named Sean McElwee had a direct backchannel setup with the White House.
Sean McElwee had a Slack channel at DataForProgress “that became a rolling convo between McElwee, Biden Admin officials, & some well-known reporters” & “the day after FTX filed for bankruptcy & SBF resigned as CEO, McElwee abruptly shuttered the channel.”
https://t.co/dufXMNGCty pic.twitter.com/O2ZXi5iZrx— Jerry Christmas 🎅🏼🎄 (@JerryDunleavy) December 22, 2022
That slack channel, which reportedly contained ongoing conversations between McElwee and administration officials (as well as “well-known reporters”) was promptly shut down when Bankman-Fried resigned as CEO. Moreover, McElwee is also a co-founder of Data for Progress and only began negotiating his exit from the organization after FTX collapsed in on itself. If everything was above board, then why would Data for Progress feel the need to cut ties so quickly?
To say there are a lot of red flags with this situation is to understate things dramatically, and the questions surrounding the administration’s involvement become obvious with this news. What exactly was McElwee, operating as an advisor to Bankman-Fried, passing along to the White House? What exactly was the White House telling McElwee? Were they coordinating donations? Discussing messaging? Trading favors and influence? Or was there something even more sinister going on?
So far, Democrats have done their best to distance themselves from the man who was their second-largest donor in 2022, but these relationships aren’t going away just because the mainstream press ignores them. Having a secret backchannel with the White House is a big deal, and people deserve to know what their government was doing coordinating with a scam artist like Bankman-Fried.
Imagine for a moment that a Republican president had a secret backchannel set up with a major donor that is now being charged with fraud, among other crimes. Does anyone doubt it’d lead every newscast for weeks on end? Heck, I’m pretty sure there’d be a special counsel.
Bankman-Fried was influencing Democrats at the highest levels of government, using his cash to purchase access. Worse, the Biden administration was happily giving it to him. How deep does Joe Biden’s involvement go? Was he aware of the slack channel? What promises did he make in exchange for Bankman-Fried throwing his cash around?
There needs to be a serious investigation done into all this. The DOJ isn’t going to look into it given it is beholden to Biden. But with the GOP about to take over the House in January, they do have the means to form a select committee. They should do so and then they should dig deep into the relationships and connections between Bankman-Fried and Democrat politicians. This has the potential to be the biggest scandal in decades. Keep the pressure on.
Yawn, nothing will happen.
And it turns out his $250,000,000.00 “bond” is a lie, too.
There’s no voting out way out of this mess.
L
I really hate these people
P
You and me both.
L
Their Media just won't pursue the story [follow the money] unless it spews out into the open, like this one did.
Remember John Huang, AlGrrr & the Buddhist monks in the 1996 "election".
They need these money spigots to create ballots for the races they're interested in.
I figure that every "vote" costs between 20-50 bucks to generate.
I'm going to have to think about the Maricopa County situation, though.
Probably a combination of vote suppression AND ballot creation.
Can you imagine the stupidity of the Republican-conservative chumps who showed up to vote on Election Day?
Whotta buncha maroons! 
funny how SBF was freed and Zelensky arrived!
13 Nov: Medium: How Ukraine & FTX Laundered Millions Worth of Cryptocurrency
by Crypto Hub
After the Russia-Ukraine war started, cryptocurrency platform FTX partnered with Ukraine to receive donations in crypto to fund the war, according to CoinDesk. Now FTX is insolvent and all cryptos which have been donated to Ukraine are gone. Did this partnership exist only for the purpose of money laundering?
Here is some evidence...
Estimates say that $200 million in donations were raised but from this $200 million only $22 million were officially used. This leaves the question where the other donations went...
https://medium.com/@officialcryptohub0/ukraine-ftx-laundered-millions-worth-of-cryptocurrency-940ef294e1a1
Questions that no one will investigate as they're all in this corrupt debacle together. America is swirling the drain and they're partying like no tomorrow.
If there was a dishonest dollar to be made, one can bet the farm Lying Joe Biden and the Democrats will be involved neck deep.
fwiw no one is rigging a poll to bet on predict it.
That site is an academic site with pocket lint betting limits.
The betting generally follows the polls. The concept is possible but it would have to move the consensus. One guy’s rigged poll wouldn’t do anything.
The real election betting (not incl Wall St) takes place on the exchange in the UK and at the offshore bookies. That is where the limits are significantly higher.
Last election, the UK exchange did more business on it than any other event in it’s 20yr or so history.
The last election is believed to be the single most bet on event in the history of mankind-just not at predict it.
should have written funny Zelensky arrived (Wednesday) and SBF was freed (Thursday).
Grifter in Chief
Joe Biden being senile will be his defense which will keep him out of any trouble. I anticipate that Sam Bankman Fried is going to have a New Year’s accident or some other fatal calamity which will exonerate all of the politicians involved. That incentive alone is enough to keep him looking over his shoulders even when he is trying to sleep. He’s not long for this world. He’ll be roasting chestnuts in hell with Epstein who also died while not killing himself.
More nails in the Democrats/progressive groups/media coffins when the real hearings get started in January.
You’re kidding, right?
L
The Democrats and illegal fundraising is true as the day is long just SOP, the problem I have with this story is they discovered a back channel slack conversation with the White House and reporters but only name one person
I never kid about stuff like this. Have given and covered. scores of congressional hearings. I like what I’m hearing from Jordan, Comer, Issaquah and Nunez.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
