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Thread: The Deeply Troubling FTX Facts and ‘Coincidences’

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    UK Avalon Founder Bill Ryan's Avatar
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    Default The Deeply Troubling FTX Facts and ‘Coincidences’

    The thread title here is also the title of Chris Martenson's new video, maybe an excellent place to begin taking a VERY close look at all this.


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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    this story is beyond shady. ukraine. biden. trafficking... in bahamas and caribbean. billions LOST i mean WT FTX!

    i have a handful of vids from tiktok that are very telling. have no idea how to post.
    Last edited by sllim11; 17th November 2022 at 04:06.

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Yep, and just by sheer coincidental timing on the tail of the FTX revelations, Ukraine sends missiles on Polish territory, then blames the Russians, almost triggering WW3. Which distracted most people from looking at the FTX-Dems-Ukraine scam.

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Thanks Bill for this. I must say that things like FTX - I mean its business and not the scandal that has just become known - are a long way beyond where my simple understanding about money and currency and value are. Using the internet to transfer money from my bank account to someone else's bank account still seems to me to be fraught with all sorts of risky assumtions. Not the least of these assumptions is: how does this invisible rupee (I'm in India) move from one account to another and who's in charge of all this anyway?
    But in fact it is the value of anything tangible, that we give some currency number to, which to me is the most shaky concept of all. Some years ago, the minimum monthly wage in India was set at 18,000 rupees. Whether that was sufficient for a family is another matter. But if a significant part of daily wage labour, casual labour, seasonal labour, some kinds of factory workers, unorganised domestics etc were struggling to earn even that much a month, then I thought something is still very wrong with how we assign value to labour time or the objects (goods) that labour produices.
    In comparison, middle and senior management jobs in India's financial sector, parts of its manufacturing industry and some other industries, were already at that time at least five or six times that minimum monthly wage.The question often occurred to me, how and why does a society value one kind of work by saying it is worth N rupees but another kind of work at Nx6 rupees? How can you make that judgement? Using what criteria? And why is that criteria part of accepted economic logic?
    So mcuh for valuing work and worth. But what about the rupee itself? The rupee token - paper currency - is supposed to be backed by some tangible value. Like other countries India had gold reserves to back its currency, but I'd say that over the last 25 odd years, there hardly any discussion as to whether we have gold (or any other metal or object we agree is precious) to back the money in circulation. In the USA, I know, with its gigantic government debt, the 'Fed' is often accused of simply printing more money out of thin air. Other countries do the same, I suppose, at somewhat more modest levels
    And so, to not ramble on overmuch, I find it very difficult to relate crypto currency to anything that has been currency, let alone find a way to understand a cryto trading exchange.

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Quote Posted by sllim11 (here)
    this story is beyond shady. ukraine. biden. trafficking... in bahamas and caribbean. billions LOST i mean WT FTX!

    i have a handful of vids from tiktok that are very telling. have no idea how to post.
    Hi there

    One way around this might be to WeTransfer the videos - presumably as mp4 format - to tintin@projectavalon.net and I can put them on the library server where the urls can then be used to embed them here in this thread, or anywhere else on the forum.
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    https://twitter.com/loffredojeremy/s...15059819274240

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    [url]https://twitter.com/TheGrayzoneNews/status/1592678056153731072




    https://thegrayzone.com/2022/11/15/f...e-western-aid/

    FTX partnership with Ukraine is latest chapter in shady Western aid saga

    The Ukrainian government mysteriously disappeared online records of its fundraising arrangement with the FTX crypto scam just days before the scandal erupted. The initiative claims to have raised $60 million for Ukraine, but where did the money go?




    The demise of FTX, the fifth-biggest cryptocurrency exchange by trade volume in 2022, and the second-largest by holdings, has sent a wave of chaos through global financial markets.

    As the turbulence grows, the government of Ukraine is conducting an ongoing cleanup and whitewashing operation to rid any and all references to a high-level cryptocurrency fundraising arrangement it struck with FTX from the web. Eerily, it seems to have commenced just days before the scandal erupted.

    Online records unearthed by The Grayzone claim tens of millions were raised by FTX for the Ukrainian government, and put to a variety of belligerent uses. But with the company now exposed as a Potemkin village lacking underlying assets, and major question marks hanging over whether its operations were from day one fraudulent top to bottom, where does that leave the supposedly successful donation scheme? Were those sums truly raised, and if so, to what purposes were they actually put?

    FTX’s destruction resulted from a mass sell-off of the company’s native bitcoin token, FTT, by the rival exchange, Binance. Its value plummeted, prompting a three-day “run” on billions of dollars worth of cryptocurrency, which in turn created – or exposed – a “liquidity crisis” within FTX, as it did not have the available assets required to redeem client withdrawals. FTX filed for bankruptcy on November 11th.

    FTX founder and top Democrat Party donor Sam Bankman-Fried now faces criminal investigations in the Bahamas, where the exchange was headquartered, and calls for official investigations into the largely unregulated cryptocurrency industry are reverberating across the globe.

    The sudden death of FTX has been compared to the 2008 disintegration of Lehman Brothers that precipitated the financial crisis.

    Massive customer holdings have apparently gone missing thanks to a secret “back door” in the FTX bookkeeping system that allowed Bankman-Fried to make changes to the company’s financial records without any accountability. This connivance may have been used to hide at least $10 billion in client funds Bankman-Fried transferred from exchange to another company he founded, digital asset trader Alameda Research.

    While mainstream media pores over the details of Bankman-Fried’s gargantuan crypto scam, not one single major outlet has investigated or even acknowledged FTX’s relationship with the government of Ukraine.

    Were client holdings unaccountably and illegally funneled into the West’s proxy war? Or did the supposed aid FTX sent to Kiev find its way into the hands of Ukrainian scammers, corrupt warlords and illicit actors?

    The corporate media’s failure to explore these questions appears all the more perverse given Bankman-Fried’s flamboyant promotion of his intimate financial relationship with the government of Ukrainian President Volodymyr Zelensky.


    The rest of the article is here,

    https://thegrayzone.com/2022/11/15/f...e-western-aid/
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    This video (Greg Hunter and Bix Weir) explains how FTX is connected to the derivative market and how it has the potential to bring down the financial system when in a month derivative contracts come due.

    https://usawatchdog.com/ftx-implosio...eets-bix-weir/
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Interesting name this guy has..
    When flipped it is fried bankman!
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Quote Posted by Hughe (here)
    Source: https://www.naturalnews.com/2022-11-...andidates.html

    BREAKING: Now-collapsed FTX crypto slush fund laundered Ukraine donation money to Democrat candidates to help rig mid-terms

    (Natural News) The FTX crypto slush fund run by now-disgraced Sam Bankman-Fried (and his MIT college buddies) laundered money for Ukraine into nearly $40 million worth of campaign donations for Democrats in the 2022 mid-term elections.

    Over the last year, Joe Biden and the Democrats have pushed through well over $50 billion in funding for Ukraine, using US taxpayer money. Internationally, over $100 billion has been donated to Ukraine, according to Devex.com which has compiled worldwide donations and grants to the Ukrainian cause.

    FTX simultaneously processed donations to Ukraine by using its crypto infrastructure. As CoinDesk.com reported in May of this year, “Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website.”

    In other words, the corrupt Ukraine regime partnered with a corrupt crypto slush fund to take dollars from the corrupt US government and funnel them into the hands of corrupt Democrat candidates to win rigged mid-term elections.


    • The FTX Superscandal:

    • The SCANDAL of the DECADE just hit the Democrats!!:

    • FTX Scam Involved Ukraine & Democrats In Money Laundering Scheme Says Internet:

    • Democrat 'Shyster' Fooled Business World:
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Don't you guys think that even his last name is a pun from the Elite to make fun of us? "Bankman-Fried" 🤡 , pff whay a bunch of clowns.

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Couple of informative short videos:

    Tucker Carlson: Investors didn't notice this red flag in FTX scandal


    The FTX Disaster is Deeper Than you Think

    Last edited by Bill Ryan; 18th November 2022 at 12:13. Reason: embedded the videos

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Here is a nice overview video of the Ukraine / Democrat / Money Laundering angle.

    FTX Scandal and Ukraine, What is the Truth? (SOVREN)

    https://sovren.media/video/ftx-scand...ruth-2098.html
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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Wall Street Goes Crypto in the Bahamas
    Tracy Wang - May 4, 2022


    The first FTX/SALT Crypto Bahamas conference had lofty goals.

    “The vibe we were going after was ‘Crypto Sun Valley,’” Amy Wu, head of FTX Ventures, told CoinDesk on the event’s opening day, referring to Idaho’s annual “summer camp” for billionaires. “It’s going a lot better than we thought.”

    Indeed, the lineup was star-studded: Tom Brady and Gisele Bündchen headlined alongside former heads of state Bill Clinton and Tony Blair. Throughout the four-day affair, crypto whales mingled with Wall Street elites.

    But perhaps the biggest celebrity of all was FTX founder Sam Bankman-Fried, who was met with cheers and applause during his several on-stage appearances. If anything, the event was a testament to his crypto empire’s growing might and an extended opportunity to show off his unconventional star power.

    “Sam’s a polymath, an exceptional thinker,” said Anthony Scaramucci, the hedge fund titan and SALT founder widely known for his brief stint as President Donald Trump’s communications director. “He knows more about politics than anyone.”

    In the past year, Bankman-Fried has become an unofficial spokesperson of sorts for the entire crypto industry, amassing a personal fortune of $24 billion, testifying before the U.S. Congress on regulatory issues and regularly going viral on social media.

    Scaramucci says FTX approached SALT with the idea to co-host a crypto-themed conference in the Bahamas after FTX’s partnership with SALT New York last September was a success for the exchange.

    Last fall, FTX relocated from Hong Kong to the Bahamas, bringing with it a growing cabal of some of crypto’s best and brightest.

    The boomers are coming

    The diversity in attendance was no more evident than the disparity in dress code.

    In the opening remarks, Bankman-Fried, clad in his usual FTX tee, cargo shorts and crew-length white socks, stood beside Scaramucci, who donned a navy Brioni suit.

    “There’s a wide variety of people here, everyone from Bill Clinton to degens with monkey [non-fungible tokens],” said Illia Polosukhin, co-founder of the layer 1 blockchain Near.


    Former U.S. President Bill Clinton appeared on stage with FTX founder Sam Bankman-Fried. (Danny Nelson/CoinDesk)

    “This is a crypto conference for adults,” said Scott Freeman, founder of JST Capital, a crypto asset management firm. “Crypto has been in a bear market for the past five months, but you wouldn’t know it from being here. There’s still a lot of energy. Nobody cares about the price of bitcoin.”

    In his opening remarks, Scaramucci cracked several self-deprecating jokes about “boomers” and urged Wall Streeters to be more open-minded toward new technologies.

    “When you’re a young guy, you never think you’re going to be old one day,” Anthony Scaramucci, 58, told CoinDesk. “Now, I’m a f***ing fossil. The world is moving forward, I don’t want to leave my generation behind.”

    Wall Streeters, who have once been among crypto’s harshest critics, have been softening their stances towards cryptocurrencies, and in some cases, outright embracing the sector.

    Both Jamie Dimon of JPMorgan (JPM) and Citadel’s Ken Griffin have both previously called out crypto for its ties to criminal activity or dismissed the asset class as mere speculation, only to reverse course in the past year.

    “Traditional financial firms don’t want to be the first one, but they also don’t want to be the last one,” said Raymond Yuan, founder of CTH Group, on a panel discussion called “Crypto Alpha: Investing in Megatrends” alongside Three Arrows Capital co-founder Su Zhu and Matrixport co-founder Jihan Wu.

    Zhu, who told CoinDesk he only goes to one or two conferences a year, said he decided to come to Crypto Bahamas due to the sheer concentration of whales (those with large crypto holdings) in attendance, as opposed to the more retail or developer-oriented conferences.

    “People have been saying for a while, ‘Crypto needs to grow up,’ and now, it’s grown up!” said Kyle Samani, founder of crypto venture capital firm Multicoin Capital, one of the Solana ecosystem’s most prodigious backers.

    Bahamas leads the way

    Crypto entrepreneurs have tended towards clustering in tropical paradises – from Miami to Puerto Rico to Bali. Now, the Bahamas is throwing its hat into the ring.

    In the week preceding the conference, the nation of 400,000 unveiled a white paper outlining its regulatory framework for digital assets, which was soon followed by FTX’s groundbreaking ceremony for its new offices in Nassau.

    “FTX’s presence in the Bahamas has demonstrated that the Bahamas is open for business to the crypto world,” Prime Minister Philip Davis told CoinDesk.

    Prime Minister Davis added that U.S. Rep. Maxine Waters (D-Calif.), chair of the House Committee on Financial Services, visited the Bahamas the previous weekend to discuss crypto, among other agenda items.

    “The U.S. has realized they are later than most to the digital currency space, that was evident,” said Bahamas Attorney General L. Ryan Pinder of the meeting with Waters.

    “She recognized that we were rather progressive,” Pinder told CoinDesk. “She extended a future invitation, if the Bahamas would like to testify in Congress to talk about their experience.”

    The Bahamas is one of the only countries where exchanges can obtain a license for both crypto derivatives and the spot market.

    Ryan Salame, co-CEO of FTX Digital Markets, says that making the Bahamas a new hub for crypto was one goal of the conference.


    Bahamas Prime Minister Philip Davis opened the event. (Danny Nelson/CoinDesk)

    “The Bahamas is staying at the forefront,” he told CoinDesk. “A lot of jurisdictions that want to be hubs aren’t building out the regulatory infrastructure.”

    Other sources told CoinDesk FTX’s decision to relocate became more urgent after Hong Kong began enforcing a strict three-week travel quarantine during the coronavirus pandemic, a rule that would disrupt Bankman-Fried’s extensive travel schedule.

    The FTX founder said on stage that he spends over 50% of his time thinking about crypto regulation, and frequently visits Washington, D.C., to meet with regulators.

    A nod to the devs

    In addition to the panels and parties, Crypto Bahamas hosted a hackathon for Solana ecosystem developers.

    Serum and Pyth, both protocols built on Solana, co-headlined the hacker house, which was less a house and more a darkened hotel ballroom set up with monitor rigs, catered coffee and loud DJ music.

    The room drew over 500 registrants, according to Michelle Sun, a core contributor to Serum, a decentralized exchange on Solana founded by Bankman-Fried.

    Solana “really speaks the language of TradFi,” said Sun. “So many of the builders I meet are former Wall Street traders or bankers who decided to build their protocols on Solana.”

    Sun, who also resides in the Bahamas, says Serum recently opened a coworking space in the Bahamas adjacent to the FTX offices to accommodate visiting developers.


    (Danny Nelson/CoinDesk)

    “It’s a really inclusive and supportive environment,” said Claire Song, a core contributor to Cell Protocol, a decentralized finance (DeFi) project on Solana. “Michelle helped me connect with developer teams building similar DeFiprotocols.”

    Song says she became interested in building on Solana because it was one of the few blockchains that uses an order book-based exchange, as opposed to the popular automated market makers (AMMs) such as Uniswap, Sushiswap and Curve that have so far dominated DeFi.

    “The AMM model has a lot of limitations – you can’t trade derivatives or apply quant trading strategies,” explained Song. “AMMs are easy to use, but not flexible. That’s why we like Solana, because it has an order book.”

    Solana ecosystem heavy-hitters were also in attendance, including co-founders Anatoly Yakovenko and Raj Gokol, as well as a 14-year-old Solana intern, Gajesh Gaik.

    The young Rust enthusiast, who has become a bit of a celebrity in the crypto community, told CoinDesk he is working on Taksh, a no-loss lottery game built on Solana.

    Gaik says he doesn’t attend classes back home in India, and instead spends his time building on Solana, as long as he passes his mandatory school exams every four months.

    “I got to meet a lot of people from Crypto Twitter,” said Gaik, who appeared to be having the most fun at the conference out of the dozens of attendees speaking to CoinDesk.

    When asked what he enjoys most about the Solana ecosystem, the 14-year-old wunderkind responded, with no hesitation: “The vibes.”


    ..................................................my first language is TYPO..............................................

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    https://www.cnbc.com/2022/11/18/ftx-...ys-assets.html

    Bahamas regulators confirm they’re holding some of FTX’s assets
    Published Fri, Nov 18 202210:27 AM ESTUpdated An Hour Ago

    Key Points

    Bahamian regulators acknowledged transferring FTX assets into their custody after an emergency filing from FTX’s U.S. attorneys accused them of having directed former CEO Sam Bankman-Fried to do so.
    It’s the latest turmoil in an explosive bankruptcy that has rocked the cryptocurrency space and left investors reeling across multiple exchanges.
    Regulators said they did not believe that FTX’s Bahama subsidiary was subject to the U.S. Chapter 11 proceedings.

    Securities regulators in the Bahamas conceded that they ordered the transfer of FTX digital assets from company wallets into their own custody, citing the authority granted to them by the Supreme Court of the Bahamas and challenging FTX’s assertion that the U.S. Chapter 11 bankruptcy processes applied to them.

    In a press statement Thursday evening, the Securities Commission of the Bahamas (SCB) said it had exercised “its powers as a regulator” and directed the transfer of “all digital assets” of FTX Digital Markets, a Bahamian subsidiary of the FTX empire.

    The value of the assets is unknown. Crypto research firm Elliptic, however, believes that the $477 million theft reported over this weekend was tied to moves by Bahamian regulators.

    Statements from both the Bahamas and U.S. attorneys suggest “that the ‘hack’ was actually the seizure of FTX assets by the Bahamian government,” Elliptic wrote.

    The filing struck back at an emergency filing by FTX in U.S. court which challenged the standing of the Bahamian liquidators and asked the Delaware Bankruptcy Court to intervene and enforce an automatic stay, a standard feature of Chapter 11 bankruptcy proceedings.

    That filing accused the Bahamian government of seizing FTX assets and moving them into their own custody, an accusation borne out by the SCB’s own statement.

    Sam Bankman-Fried, founder and former CEO of FTX and the ex-majority owner of a complex web of FTX-Alameda Research subsidiaries, was accused by FTX’s lawyers of working with Bahamian regulators to move digital assets out of FTX’s custody and into a Fireblocks asset custody account.

    Bankman-Fried was effectively in the custody of the Bahamian government, the FTX filing observed.

    “It is not the understanding of the Commission that FDM [FTX Digital Markets] is a party to the US Chapter 11 Bankruptcy proceedings,” the Bahamian regulator’s release read.

    Bankman-Fried, securities regulators and FTX’s lawyers have not yet responded to requests for comment.

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    Exclamation Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    • Thought Epstein was bad? This FTX collusion is even bigger | Redacted w Clayton Morris:


    The more we peel back the onion of corruption on the FTX collapse the creepier it gets. The deep state was fully aware of what Sam Bankman-Fried was up to and may have been assisting him at every turn.
    • He just admitted it.
    Last edited by ExomatrixTV; 18th November 2022 at 23:18.
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    https://twitter.com/WallStreetSilv/s...7zseK5iPEgsQhw

    I don't believe anything, but I have many suspicions. - Robert Anton Wilson

    The present as you think of it, and in practical working terms, is that point at which you select your physical experience from all those events that could be materialized. - Seth (The Nature of Personal Reality - Session 656, Page 293)

    (avatar image: Brocken spectre, a wonderful phenomenon of nature I have experienced and a symbol for my aspirations.)

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    I don't believe anything, but I have many suspicions. - Robert Anton Wilson

    The present as you think of it, and in practical working terms, is that point at which you select your physical experience from all those events that could be materialized. - Seth (The Nature of Personal Reality - Session 656, Page 293)

    (avatar image: Brocken spectre, a wonderful phenomenon of nature I have experienced and a symbol for my aspirations.)

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    Is FTX Tied to Pedophile Blackmail Networks? It’s Much Worse Than You Thought. – John Perez Interview
    Man in America - Published November 15, 2022


    What do FTX, Jeffery Epstein, Bitcoin, blackmail, money laundering, and Joe Biden have in common? Join me in this mind blowing interview with John Perez to find out.

    Interview starts at 5 mins 30 sec


    Source: https://www.rumble.com/video/v1s2fx0/?pub=4
    ..................................................my first language is TYPO..............................................

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    Default Re: The Deeply Troubling FTX Facts and ‘Coincidences’

    • Wait Now! FTX Scandal Just Blew Wide Open! Wait Until You Hear What We Just Found Out!
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

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