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Now tracking the new emerging South Africa Omicron Variant

FTX new Enron ?

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Dutch Josh View Drop Down
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Joined: May 01 2013
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dutch Josh Quote  Post ReplyReply Direct Link To This Post Topic: FTX new Enron ?
    Posted: November 12 2022 at 4:19am

DJ-[url]https://halturnerradioshow.com/index.php/en/news-page/world/breaking-news-ukraine-military-aid-from-usa-was-invested-in-crypto-ftx-by-ukraine[/url] or https://halturnerradioshow.com/index.php/en/news-page/world/breaking-news-ukraine-military-aid-from-usa-was-invested-in-crypto-ftx-by-ukraine ...HT is NOT neutral....

So 

[url]https://fortune.com/2022/11/11/larry-summers-ftx-crypto-collapse-more-like-enron-than-lehman/[/url] or https://fortune.com/2022/11/11/larry-summers-ftx-crypto-collapse-more-like-enron-than-lehman/ ...

[url]https://en.wikipedia.org/wiki/Sam_Bankman-Fried#Politics[/url] or https://en.wikipedia.org/wiki/Sam_Bankman-Fried#Politics ;

Bankman-Fried was the second-largest individual donor to Democratic causes in 2021–2022 election cycle with total donations of $39.8 million, only behind George Soros.[58][59][60] Of this, $27 million was given to Protect our Future PAC, bankrolled by Bankman-Fried.[61]

Bankman-Fried said in February 2022 that his political contributions were not aimed at influencing his policy goals for the cryptocurrency ecosystem; however, FTX was circulating a list of suggestions to policymakers at the time.[62] He said in an interview that he would prefer the Commodity Futures Trading Commission take a larger role in regulating and guiding the crypto industry.[62] The CFTC has a reputation for favoring relatively relaxed regulations for the industry, when contrasted with other regulators like the Securities and Exchange Commission.[63]

Bankman-Fried pushed for regulations via Digital Commodities Consumer Protection Act (DCCPA) by extensively lobbying Congress, which was perceived as being favorable to FTX but harmful to the broader industry, especially its decentralized finance competitors.[64][65][66]

Bankman-Fried made few political donations as a student, the exception being a $1,000 contribution to Michael Bennet at the age of eighteen.[62] In the 2020 election cycle, he contributed $5.2 million to two super PACs that supported the Biden campaign.[62] He was the second-largest individual donor to Joe Biden in the 2020 election cycle, personally donating $5.2 million,[67] second to only Michael Bloomberg.[35][68]

Contributions for June 2021 through February 2022 went to members of both parties. They included direct donations to the Republican campaigns of senators Susan Collins of Maine, Mitt Romney of Utah, Lisa Murkowski of Alaska, and Ben Sasse of Nebraska.[62]

Contributions for the year 2022, through August 15, 2022, also went to members of both parties, with $105,000 donated to conservatives, and $35,872,000 donated to liberals, a ratio of 1:341 in favor of liberal candidates.[69]

In 2022, Bankman-Fried provided initial financial support for Protect Our Future PAC. Protect Our Future was launched as a Democratic political action committee with $10 million in initial funding aiming to support "lawmakers who play the long game on policymaking in areas like pandemic preparedness and planning", according to Politico.[70]

and [url]https://www.coindesk.com/policy/2022/03/14/ukraine-partners-with-ftx-everstake-to-launch-new-crypto-donation-website/[/url] or https://www.coindesk.com/policy/2022/03/14/ukraine-partners-with-ftx-everstake-to-launch-new-crypto-donation-website/ 

DJ-FTX sponsored "democrats" with tens of millions-that may not have been the cause of collapse for FTX...but it is a bizarre story...

We cannot solve our problems with the same thinking we used when we created them.
~Albert Einstein
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Dutch Josh View Drop Down
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Joined: May 01 2013
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dutch Josh Quote  Post ReplyReply Direct Link To This Post Posted: November 13 2022 at 3:33am
We cannot solve our problems with the same thinking we used when we created them.
~Albert Einstein
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