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2022-12-25 Government Corruption

Secret Backchannel Between White House and FTX Operative Revealed, Raises Serious Questions About Biden Involvement

[RedState] Sam Bankman-Fried, the man at the center of the FTX scandal, is back on US soil after having been extradited from the Bahamas to face federal charges. Naturally, because our justice system is about as coherent as a two-year-old quoting Shakespeare, the notorious fraudster was immediately granted bail and is now spending the holidays with his family. The American oligarchy is alive and well.

But I digress, there’s a lot more to the FTX scandal than just Bankman-Fried’s fate, and one of the more interesting aspects of the entire ordeal is just how close many Democrats were to him. In fact, according to Politico, a Democrat operative and close advisor to Bankman-Fried named Sean McElwee had a direct backchannel setup with the White House.

That slack channel, which reportedly contained ongoing conversations between McElwee and administration officials (as well as “well-known reporters”) was promptly shut down when Bankman-Fried resigned as CEO. Moreover, McElwee is also a co-founder of Data for Progress and only began negotiating his exit from the organization after FTX collapsed in on itself. If everything was above board, then why would Data for Progress feel the need to cut ties so quickly?

To say there are a lot of red flags with this situation is to understate things dramatically, and the questions surrounding the administration’s involvement become obvious with this news. What exactly was McElwee, operating as an advisor to Bankman-Fried, passing along to the White House? What exactly was the White House telling McElwee? Were they coordinating donations? Discussing messaging? Trading favors and influence? Or was there something even more sinister going on?

So far, Democrats have done their best to distance themselves from the man who was their second-largest donor in 2022, but these relationships aren’t going away just because the mainstream press ignores them. Having a secret backchannel with the White House is a big deal, and people deserve to know what their government was doing coordinating with a scam artist like Bankman-Fried.

Imagine for a moment that a Republican president had a secret backchannel set up with a major donor that is now being charged with fraud, among other crimes. Does anyone doubt it’d lead every newscast for weeks on end? Heck, I’m pretty sure there’d be a special counsel.

Bankman-Fried was influencing Democrats at the highest levels of government, using his cash to purchase access. Worse, the Biden administration was happily giving it to him. How deep does Joe Biden’s involvement go? Was he aware of the slack channel? What promises did he make in exchange for Bankman-Fried throwing his cash around?

There needs to be a serious investigation done into all this. The DOJ isn’t going to look into it given it is beholden to Biden. But with the GOP about to take over the House in January, they do have the means to form a select committee. They should do so and then they should dig deep into the relationships and connections between Bankman-Fried and Democrat politicians. This has the potential to be the biggest scandal in decades. Keep the pressure on.

Posted by Skidmark 2022-12-25 00:00|| || Front Page|| [13 views ] Top

Given all the Constitutional and US Legal Code violations by Federal elected, Federally employed personnel and Daddy Warbucks types.

When will we see the usual House Committee formed?
The usual useless impeachment hearing started to appease the voters?

The usual scapegoats selected to take the fall and surprisingly living the $$$$$ good life after they are no longer CYA / newsworthy?

Posted by NN2N1 2022-12-25 06:07|| 2022-12-25 06:07|| Front Page Top

#2 You don't "investigate" the "new normal..."

Posted by M. Murcek 2022-12-25 06:09|| 2022-12-25 06:09|| Front Page Top

#3 Kicked the Clinton 'home brew' server up a notch did they ?

Posted by Besoeker 2022-12-25 06:43|| 2022-12-25 06:43|| Front Page Top

#4 All this blatant corruption does make me sick to my stomach.

But even worse is that no one seems to care.

Posted by Tom 2022-12-25 07:59|| 2022-12-25 07:59|| Front Page Top

#5 But even worse is that no one seems to care.

Oh, lots of us care. But care is like wish. Care in one hand and sh*t in the other. See which fills up first...

Posted by M. Murcek 2022-12-25 08:07|| 2022-12-25 08:07|| Front Page Top

#6 #1 We don't even rate the Kabuki anymore. These criminals openly mince about, slapping us all in the face with their soiled loincloths as they move on to their next outrage without a scintilla of accountability.

Posted by Rex Mundi 2022-12-25 08:37|| 2022-12-25 08:37|| Front Page Top

#7 Every other person you meet on the street voted for it.

Posted by M. Murcek 2022-12-25 08:38|| 2022-12-25 08:38|| Front Page Top

#8 You’re pretty shady when you are back channel while Epstein comes through the front door and Podesta had an office.

Posted by Super Hose 2022-12-25 12:04|| 2022-12-25 12:04|| Front Page Top

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