“The public is only beginning to understand the full extent of alleged crimes committed by Sam Bankman-Fried (better known as SBF), a cryptocurrency entrepreneur who lost billions of dollars after his exchange, FTX, was revealed to be little better than a Ponzi scheme. SBF’s net worth plunged from $10 billion to effectively nothing in the course of a few days. He has declared bankruptcy and was recently questioned by the police of the Bahamas, where he resides.
John Ray III, who was brought in to manage Enron following that company’s self-destruction in 2001, is now the CEO of FTX. In a court filing last week, he said he has never seen such “a complete failure of corporate control,” including at Enron.
“From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented,” he said in a court filing.
SBF engaged in extreme levels of deception to trick people into thinking FTX was worth more than it was. He effectively paid investors, employees, and vendors shares of the company—his token, FTT—and loaned out money to his quantitative investment firm, Alameda Research. It was an elaborate house of cards that apparently fooled investors, celebrity sponsors, and politicians: SBF interviewed former President Bill Clinton and and former Prime Minister Tony Blair at a crypto conference he hosted back in April.”
Tony Blair and Bill Clinton on the same stage (and SBF.) You don’t see that very often these days, eh? pic.twitter.com/Vt5pn6egHn
“SBF was heavily involved in Democratic Party politics: In the 2022 election cycle, he was the second most prolific funder of Democratic candidates after George Soros. But he wasn’t just a funder of electoral efforts. He funded both progressive and mainstream media organizations.”
I wrote earlier today that there's a huge question over whether SBF will be able to continue funding media going forward.
“According to the journalist Teddy Schleifer, SBF gave money to Vox, the progressive news web site created by liberal bloggers Ezra Klein and Matt Yglesias. (Vox Media also owns several other outlets, including New York magazine.) SBF made a $3.25 million grant to The Intercept, which at the time of FTX’s fall had already received $500,000 and was due to get the rest in the coming years. Acting editor-in-chief Ryan Hodge notes that SBF’s bankruptcy will leave The Intercept with a significant hole in its budget.
SBF also gave money to Semafor, a new journalism project created by Ben Smith, formerly the media columnist at The New York Times and, before that, the editor in chief of BuzzFeed. And when FTX crashed, SBF was in the process of giving ProPublica a whopping $5 million. “
Then you’re responsible for the latest gay nightclub shooting.
This is Democrat/Media logic, pathetic as it is.
Herschel Walker is up with a new runoff ad about transgender athletes, featuring a swimmer who tied with Lia Thomas.
“My senior year, I was forced to compete against a biological male,” Riley Gaines says in the ad for Walker’s Senate campaign. pic.twitter.com/MlVxnJwkgB
Hershel Walker dropped an anti-LGBTQ ad a day after a gunman targeted an LGBTQ nightclub, killing five people and injuring 25 others. https://t.co/MCMqxXNuHJ
So, not wanting biological males to compete with biological women is now magically “anti LGBTQ?” Do the G’s and L’s know that they must support men in women’s sports?
Here we see a misogynistic virtue signaler conflating women's rights with a murderer attacking a gay bar, making assumptions about the orientations of victims to boost his own ridiculous signal. You should be ashamed.
Holy wow — it's ridiculous and misogynistic for you to erase Riley Gaines's legitimate criticism about being forced to compete against males in your disgusting effort to conflate the issue of women's sports and the nightclub tragedy for a jab at Walker. https://t.co/3UHFdDWhFt
Mocking women pushed out of women's sports by men isn't a good look. Claiming that dissent is "rhetoric that leads to violence" is just a tactic to chill discussion and isn't going to fly. https://t.co/1JLKzGBd12
KARINE JEAN-PIERRE on Biden's student loan bailout:
"As you know, uh, we uh, as you know, there uh, we have um, uh, we have um, we have sent this up to the highest, uh, Court of the land, the highest Court of our nation, to make sure that, uh, we move forward quickly." pic.twitter.com/au54Av8LGM
We’ve got a narrative, and dang it we’re gonna push it, facts be damned…
NBC disinformation reporter went from trying to baselessly tie the CO shooting to non-existent posts on Breitbart to promoting the idea that the shooter was somehow responding to being bullied as a kid. pic.twitter.com/dv0iKAXKru
Stephanie Ruhle's show aired after the Axios report, still State Rep. Leslie Herod says conservatives "make it seem like it's okay for them to be murdered," Ruhle adds "the far-right is… demoralizing any 'other' community that is not white, heterosexual, and straight." (1/2) pic.twitter.com/bN7GEmdM3N
The media proves more and more everyday that they don’t need facts, evidence, or suspects, they just need something bad to happen and they’ll fill in the rest.
CNN panel in a state of confusion after the Club Q killer's lawyers say he's "non-binary" and uses "they/them" pronouns: "I don't know what to say about that" pic.twitter.com/3vtrw4kIn4
This is what the woke clowns are doing to our military.
They’re destroying it from the inside.
“How Political Ideology is Weakening America’s Military”
From Senator Marco Rubio and Rep. Chip Roy
Click to access 3756824FA9C21B819BB97AAB16221530.woke-warfighters-report-3.pdf
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In a word, yes.
Of course. They were being funded by the scam artist and his Ponzi scheme, just like Democrats.
“Did Sam Bankman-Fried’s Millions Buy the Media’s Loyalty?”
https://reason.com/2022/11/21/sam-bankman-fried-journalism-funding-crypto-fraud-media/
“The public is only beginning to understand the full extent of alleged crimes committed by Sam Bankman-Fried (better known as SBF), a cryptocurrency entrepreneur who lost billions of dollars after his exchange, FTX, was revealed to be little better than a Ponzi scheme. SBF’s net worth plunged from $10 billion to effectively nothing in the course of a few days. He has declared bankruptcy and was recently questioned by the police of the Bahamas, where he resides.
John Ray III, who was brought in to manage Enron following that company’s self-destruction in 2001, is now the CEO of FTX. In a court filing last week, he said he has never seen such “a complete failure of corporate control,” including at Enron.
“From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented,” he said in a court filing.
SBF engaged in extreme levels of deception to trick people into thinking FTX was worth more than it was. He effectively paid investors, employees, and vendors shares of the company—his token, FTT—and loaned out money to his quantitative investment firm, Alameda Research. It was an elaborate house of cards that apparently fooled investors, celebrity sponsors, and politicians: SBF interviewed former President Bill Clinton and and former Prime Minister Tony Blair at a crypto conference he hosted back in April.”
“SBF was heavily involved in Democratic Party politics: In the 2022 election cycle, he was the second most prolific funder of Democratic candidates after George Soros. But he wasn’t just a funder of electoral efforts. He funded both progressive and mainstream media organizations.”
“According to the journalist Teddy Schleifer, SBF gave money to Vox, the progressive news web site created by liberal bloggers Ezra Klein and Matt Yglesias. (Vox Media also owns several other outlets, including New York magazine.) SBF made a $3.25 million grant to The Intercept, which at the time of FTX’s fall had already received $500,000 and was due to get the rest in the coming years. Acting editor-in-chief Ryan Hodge notes that SBF’s bankruptcy will leave The Intercept with a significant hole in its budget.
SBF also gave money to Semafor, a new journalism project created by Ben Smith, formerly the media columnist at The New York Times and, before that, the editor in chief of BuzzFeed. And when FTX crashed, SBF was in the process of giving ProPublica a whopping $5 million. “
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Don’t think men should be playing women’s sports?
Then you’re responsible for the latest gay nightclub shooting.
This is Democrat/Media logic, pathetic as it is.
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It’s good to have some salad every day.
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We’ve got a narrative, and dang it we’re gonna push it, facts be damned…
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“As Axios reported last night, the shooter at the LGBT nightclub in Colorado this week identifies as non-binary and uses they/them pronouns.”
But muh narrative…..
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Of course….
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