FTX Founder and Democrat Super Donor Sam Bankman-Fried Lent *$1 Billion* to Himself Through His Hedge Fund

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Disgraced cryptocurrency exchange FTX founder and Democrat super donor Sam Bankman-Fried lent $1 billion to himself through his hedge fund Alameda Research, which likely sourced the money from FTX customer funds.

by FTX’s new CEO John Ray, III that the collapsed company’s bankruptcy filing shows it had lent billions of dollars in customer funds to Alameda Research. Among those loans, a staggering $1 billion was made to Bankman-Fried himself.

According to Ray, Alameda had made $4.1 billion of related-party loans, which were still outstanding at the end of September. In addition to the $1 billion loan that was made to Bankman-Fried, FTX co-founder Nishad Singh received a $543 million loan, and the company’s co-CEO Ryan Salame received a $55 million loan.

But this was not the only wild and shocking revelation found in the FTX bankruptcy filing. FTX corporate funds were also used to buy personal homes, audit opinions were conducted from the metaverse, and most of the company’s digital assets have not been secured, among other things.investors that FTX was facing a major shortfall of up to $8 billion from withdrawal requests and needed emergency funding.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can he do 1 push up?

Reprehensible.

boni_castellane … likely… 👋

criminal? 🤔

I'd like to know something about the numskull investors.

Lended..stolen will be more accurate!

Enough to pay some legal “fees” now. Smart fox.

The Republicans would want to extradite this guy. Because the corrupt left won't.

Another typical ugly, lying, corrupt, perve Democrat loser screwing people.

Which democrat candidates did the money go to.Maybe we have some Florence SuperMax future occupants,InterPol?

Trump wishes he could be the Big Guy.

His investor said he would reinvest, not good for the upcoming court case

And here is another example of an 'individual' 😉😉 who again privileges the Goyim.

Extradite his Madoff thief ass and start the interrogation

KenGriffinLied CitadelScandel KenGriffinToJail DarkPool PFOF SPOOFING NakedShorts SECScandal SECisComplicit firegarygensler AMC APE Memes WeKnow GaryGensler SECGov DOJPH SEC_Investor_Ed SECYELLEN federalreserve FBI

Atta boy big guy... POTUS

Lol they’ll never bring up the co-ceo donating to maga candidates

Nice!

lent = stole

Why is this guy not in custody yet

10% went to the Big Guy!

Tomorrow I’m going to start the Bank of Squirrel…. Please send me all your money and I promise I will take great care of it for you…. BankOfSquirrel

Disgraced? How about corrupt and fraudulent. FTX has always been a joke to anyone who follows how crypto works.

Let’s publish the donation & name names.. let’s get reporting

He was laundering money for democrats. Stealing our tax payer money. Democrats sent our money to Ukraine, Ukraine sent money to sbf who then donated to democrats. They stole our money.

Typical democrat. Likes to spend other people’s money.

At least he's not greedy.

Lock the fucker up and throw away the key

And these corrupt tyrants stkll want to force us to a Davos/NEF digital currency, so they can control hs further Down with NWO/NEF/Crislam/ climate hoax , corrupt elections NOW

Republicans can’t help themselves

Dem mafias

Isn't this illegal? Where are the federal regulators?

Sounds to me like prison time.

Can he do 1 push up?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gillibrand latest Democrat to dump Biden megadonor Sam Bankman-Fried after FTX debacleWASHINGTON — Sen. Kirsten Gillibrand is the latest politician to say she will offload campaign contributions from disgraced former cryptocurrency “billionaire” Sam Bankman-Fried — who p… Is the Ukraine war ending soon? Where can they launder the funds? Nobody wants a loser I guess… Any of these politicians going to return the money they took from him?
Source: nypost - 🏆 91. / 67 Read more »