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2023-01-27 -Lurid Crime Tales-
The FTX-Belarus Connection: ZUBR.io
[Dirty Bubble Media] Several days ago, the Wall Street Journal published in-depth look at the relationship between Sam Bankman-Fried (SBF) and a group of Kazakhstani businessmen. SBF invested over $1 billion into Genesis Digital Assets, a Cyprus-based Bitcoin mining firm with the majority of its operations based in Kazakhstan. As part of that investment, FTX paid $550 million for shares in the company in early 2022. Some 70% of that was paid to one Rashit Makhat, a Kazakhstani oligarch with close ties to the ruling regime. SBF even met with the president of Kazakhstan as part of a mission to sell the company on crypto.

It turns out that Genesis Digital Assets is not the only link Mr. Bankman-Fried and FTX established with well-connected oligarchs. Another example is the now-defunct crypto derivatives exchange ZUBR.io. In 2021, it was announced that FTX had purchased the Gibraltar-registered ZUBR exchange for $11 million. FTX subsequently used ZUBR as a vehicle to obtain a derivatives exchange license in Gibraltar.

DBM - A forgotten banking scandal suggests FTX is the tip of the crypto iceberg
Posted by Besoeker 2023-01-27 10:26|| || Front Page|| [11128 views ]  Top

#1 I anxiously await the discovery of the Paul Pelosi-Biden Crime Family (BCF) connection.
Posted by Besoeker 2023-01-27 10:37||   2023-01-27 10:37|| Front Page Top

#2 ..its a professional courtesy type of thing.
Posted by Procopius2k 2023-01-27 11:39||   2023-01-27 11:39|| Front Page Top

#3 My son and I watched a rebroadcast of an MLB game the other night. The umpires had FTX advertising sewn onto their shirts.
Posted by Super Hose 2023-01-27 12:40||   2023-01-27 12:40|| Front Page Top

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