Crypto Collapse Connect the Dots: FTX and Sam Bankman-Fried's Family, FTX Colleagues, the Democrat Party, Joe Biden and Ukraine
Looks like Sam Bankman-Fried will either escape scot-free to South America OR get Jeffrey Episteined in Prison. This story could bring down way too many powerful people for it to get exposed at trial
The stunning collapse of Sam Bankman-Fried’s crypto exchange FTX this week is way bigger than it appears on the surface.
And the story is obviously already massive, with millions of people losing billions of dollars to this devious crypto criminal.
But once you peak behind the curtains and do some research on Sam Bankman-Fried, his family, his colleagues at FTX, his massive donations to the Democratic Party and his connections in the D.C. Swamp and to the SEC, it appears this could be the biggest scandal of the 21st Century.
People are asking, “Why hasn’t Sam Bankman-Fried been arrested yet? This guy embezzled billions of dollars, and it appears millions of people have lost their money forever. What’s going on here?”
The reason why Sam Bankman-Fried hasn’t been arrested yet is because this story is way bigger than just FTX collapsing and its customers getting screwed out of $10 billion.
It’s an international scandal involving some of the most powerful and wealthy people on Earth.
I’m not ready to connect ALL the dots yet.
But my initial research and instincts tell me that this is a massive money-laundering scandal that funneled money from the millions of FTX investors into the pockets of Joe Biden and Democratic Party to help them win elections in 2020 and 2022.
There are also hints that the >$500 million in financial aid that U.S. lawmakers have sent to Ukraine was funneled through FTX and sent back to the U.S. to fund Democrat candidates in the past two elections.
Get your fucking popcorn ready.
FTX Founder and CEO Sam Bankman-Fried
Was the Democrat party’s second-biggest individual donor in the 2021–2022 election cycle, with $39.8 million in donations. The only person who donated more to Democrats during the most recent election cycle was George Soros ($128.4 million).
FTX.US ranked second among all organizations in U.S. political donations during the 2021-22 election cycle, with another $44.9 million going to Democrat candidates and causes. Republicans got chump change: $20,252. Total political contributions from FTX.US totaled $70 million for the most recent cycle.
May 2022: Bankman-Fried announced that he would donate “north of $100 million” and had a “soft ceiling” of $1 billion for political donations to Democrat candidates, causes and Super PACs for the 2024 elections.
Bankman-Fried was one of the biggest donors to President Joe Biden in the 2020 election, giving Traitor Joe $5.5 million in embezzled cash.
He’s primary donor to the Protect Our Future PAC, which was founded in January 2022 to “help elect candidates who will be champions for pandemic prevention”. The Protect Our Future PAC raised $28 million for the 2022 election cycle as of June 30, and $23 million of that money came from Bankman-Fried.
Protect Our Future PAC donations had a significant impact on key Midterm election races in 2022. They endorsed and funded several Democratic candidates, including Peter Welch (won his election last week and become Vermont’s next senator) and Robert J. Menendez (won a House seat in New Jersey).
The Protect Our Future PAC had the 3rd highest level of spending among outside organizations during the past election cycle, behind only by Club for Growth Action and the United Democracy Project.
Sam Bankman-Fried’s Family
MOTHER: Barbara Bankman-Fried
Barbara is a lawyer who is currently the William W. and Gertrude H. Saunders Professor of Law at Stanford Law School
Co-founder of left-wing super PAC Mind the Gap (MTG), which is a dedicated to helping Democratic political candidates win elections.
Influence Watch reports: “the super PAC Mind the Gap earns millions of dollars in donations primarily from Silicon Valley executives ‘who are keen on quietly funneling massive political donations into the Democratic Party’”
The #1 donor to Mind the Gap for the 2022 election cycle was FTX.US with $1 million
Mind The Gap’s co-founder and current treasurer is Graham Gottleib, whose LinkedIn profile shows he worked at the White House during the Obama Administration from 2010 to 2012. Gottlieb was also the Deputy Voterfile Manager for ‘Obama for America’ in 2008.
Barbara is also a founder of the Center for Voter Information and other get-out-the-vote (GOTV) organisations. The Center for Voter information was “founded to provide resources and tools to help voting-eligible citizens register and vote in upcoming elections.”
Barbara’s organization works closely with their nonpartisan and charitable “sister” organization the Voter Participation Center (VPC).
Influence Watch reports that after mail-in voting was ushered in due to Covid-19 in 2020, these two organizations “sent out millions of mailers to battleground states, resulting in 939,000 registration applications and 2 million vote-by-mail applications. By the end of the 2020 election cycle, they had sent ballot applications to 15 million people in swing states - nearly one-third of which were returned.”
Influence Watch also notes that these organizations, “were widely criticized for mailing out partially pre-filled absentee ballots and voter registration forms in multiple states.”
FATHER: Joseph Bankman
Stanford University professor of law and business
Joseph has testified before Congress and other legislative bodies on tax compliance problems posed by the cash economy.
Joseph was directly involved with his son Sam’s billion dollar crypto embezzling scam FTX - including raising funds for the firm
Fortune Magazine reports that “Joseph appeared on an episode of the ‘FTX Podcast’ in August, where he described charity and regulation-related projects in which he was involved.”
BROTHER: Gabe Bankman-Fried
Gabe Bankman-Fried is the founder and director of Guarding Against Pandemics
Gabe was a Legislative Correspondent for the US House of Representatives and an advisor to large political donors in the Democrat party.
AUNT: Linda Fried
Sam Bankman-Fried’s Aunt Linda Fried has been the Dean of the Columbia Mailman School of Public Health since 2008. She’s currently the Senior Vice President of the Columbia University Medical Center
Linda is a Professor of Public Health Practice and a Professor of Epidemiology and Medicine at Columbia
Linda created the first ever US college program focused on “Climate & Health”
Linda has worked with Klaus Schwab and the World Economic Forum since 2006. From 2006 to 2016, she was a member of the WEF’s Global Agenda Council on Aging. Linda currently serves on the WEF’s Council on Longevity. She was also the co-chair of WEF's Council on Human Enhancement (2016-2018).
Linda is an elected member of the Council on Foreign Relations
Sam Bankman-Fried’s Colleagues at FTX
Caroline Ellison
Ellison was the CEO of Alameda Research, the FTX trading arm which was also founded by Sam Bankman-Fried
She graduated from high school in 2012 and from Stanford in 2016
Ellison’s father Glenn Ellison is the Department Head of Economics at MIT. Glenn Ellison was colleagues at MIT with currently SEC chairman Gary Gensler, who was ready to give Sam Bankman-Fried a blank piece of paper to personally craft crypto regulations that would give FTX a dominant crypto monopoly in the USA.
Wall Street Journal reports: “In a video meeting with Alameda employees late Wednesday Hong Kong time, Alameda CEO Caroline Ellison said that she, Mr. Bankman-Fried and two other FTX executives, Nishad Singh and Gary Wang, were aware of the decision to send customer funds to Alameda”
Mark Wetjen
Head of FTX Policy & Regulation (wow, he did such an outstanding job!)
Was nominated by President Barack Obama to serve a five-year term as a CFTC Commissioner in March 2011 and was unanimously confirmed by the U.S. Senate in October 2011.
Wetjen worked for seven years in the U.S. Senate as a senior leadership staffer advising on all financial-services-related matters
Wetjen advised Senator Harry Reid and members of the democratic caucus on a number of banking, housing, communications, technology, and gaming policy issues and legislative initiatives.
Wetjen supported over 100 enforcement actions as CFTC commissioner, including those relating to the London Interbank Offered Rate (“LIBOR”). The LIBOR cases alone have resulted in historic fines of more than $1.2 billion.
Nishad Singh
FTX’s director of engineering since April 2019
Was a former software engineer at Facebook
Singh joined Alameda Research in December 2017
Donated $1 million to the Protect out Future PAC in February 2022
Donated over $8 million to Democrat political candidates
Donated $1.1 million to Becca Balint’s political campaign in Vermont and $500,000 to the Democrat Party of Oregon.
Lived in the Bahamas with Sam Bankman-Fried and eight other housemates
Amy Wu
Head of Ventures & Commercial at FTX Ventures
Joined FTX in January to lead its venture capital arm and video game segment, which Bankman-Fried launched this year with a $2 billion investment.
Wu was an analyst with the Clinton Foundation in 2007
GARY WANG
Chief technology officer of FTX and co-founded the exchange with Sam Bankman-Fried
Previously worked at Google
SEC Commission Chair Gary Gensler totally fell for Bankman-Fried’s bullshit - hook, line and sinker. Gensler and Congressional Democrats were basically ready to give Bankman-Fried a blank piece of paper and let him personally craft crypto regulations that would greatly benefit FTX.
Ukraine and FTX
Coindesk reported in March 2022: “Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website”
FTX converted crypto donations into fiat currency for deposit at the National Bank of Ukraine
Coindesk described the new FTX-backed website “Aid for Ukraine” as “multimillion-dollar effort to turn bitcoin into bullets, bandages and other war material”
Coindesk noted that, “Ukraine’s crypto-savvy Ministry of Digital Transformation is also involved.”
The “Aid for Ukraine” website raised anywhere from $48 million to $100 million, depending on the price of crypto, the coins donated and when it was converted to fiat currency.
Where there’s smoke, there’s fire.
And we are just scratching the surface here folks.
There are a ton of internet super sleuths who are digging into these connections between FTX, Sam Bankman-Fried, his family, his colleagues at FTX and their ties to the U.S. Democrat party, Joe Biden, Barack Obama, Hillary Clinton, the SEC, the U.S. Congress and Ukraine.
The collapse of FTX and Sam Bankman-Fried embezzling billions and ripping off millions of crypto investors is just the surface.
There is a way deeper story here that involves the most powerful people on the planet.
INQUIRING MINDS WANT TO FUCKING KNOW RIGHT NOW:
Was FTX a giant money laundering operation that was funneling tens of millions of dollars back to Democrats to help them win U.S. elections? It sure as hell looks like like it.
How much money is involved here? Who knew what was going on?
Did the SEC look the other way as their Democrat buddies saw their political campaign coffers get stuffed with millions of dollars in dirty embezzled money?
Did Sam’s political activist mother know what was going on, and was she involved in this massive ponzi scheme?
We’ve got way more questions that need answers. We will cover all of this on the next episode of ‘The Teddy Brosevelt Show’.
Subscribe now and go pop some more corn.
Please leave a comment on this post if you can help me connect the dots. We’ve gotta get to the bottom of this.
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