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-Lurid Crime Tales-
'Give It Back': Calls Grow for Democrats to Return Money Donated by Disgraced FTX Founder
2022-11-17
[Red State] Democrats love to feign outrage at the role "dark money" plays in politics. Dark money, they say, allows unnamed donors to have undue influence over elections and that kind of money should be banned. (They, of course, collect gobs of money from dark money sources every election cycle, but that’s a story for another day.) If they hate dark money so much — wink, wink — they should really be outraged by the scandalous bankrolling of the 2022 election by a not-so-secret source, crypto fraud Sam Bankman-Fried of FTX infamy.

Quick recap of the astonishing downfall of FTX and its founder, courtesy of RedState’s own Jennifer Oliver O’Connell:

According to Reuters’ sources, they claim that at least $1 billion of customer funds have vanished from individual accounts, reportedly triggered through a "backdoor" housed in the finance software.
Posted by:Besoeker

#20  Very loosely speaking, one of the defenses to a claw-back action could be for the guy who got the $$$ to show that the guy who paid the $$$ got "reasonably equivalent value" in exchange. I double-dog dare them.
Posted by: Matt   2022-11-17 16:24  

#19  Maxine Waters was asked if she would return the money she got and she went off on Republicans.
Posted by: Deacon Blues   2022-11-17 16:13  

#18  #2 Look at these media cockroaches circling the wagons:
The impact of SBF's support for Democrats is massively overstated
Posted by: DooDahMan

Within the "overstated" article is this admission of guilt by the very folks (VoX) that wrote it...
(Disclosure: This August, Bankman-Fried’s philanthropic family foundation, Building a Stronger Future, awarded Vox’s Future Perfect a grant for a 2023 reporting project. That project is now on pause.)

Posted by: Tennessee   2022-11-17 14:42  

#17  Well, once it's gummint regulated, it's sort of a castrated donkey.
Posted by: M. Murcek   2022-11-17 12:39  

#16  There will be a rush to enact federal control of bitcoin during the lame duck before the details cascade out. My senator, Portman, will sign almost anything at this point. He has nothing to lose.
Posted by: Super Hose   2022-11-17 12:28  

#15  'This isn't a heist...this is a getaway. You're nothing but common launderers.'

'We are exceptionally well connected launderers. And while they are still sifting through the rubble, we'll be in a non-extradition country, earning 10%'
Posted by: swksvolFF   2022-11-17 11:23  

#14  Democrats don't return stolen money. John Glen died owing the people of Lincoln Savings and Loan.
Posted by: Vespasian Ebboting9735   2022-11-17 09:58  

#13  The "all at once" part of the bankruptcy equation is so much more sudden in the electronic age.
Posted by: M. Murcek   2022-11-17 09:33  

#12  Not only the Fed can debase the currency. Or launder money.
Posted by: M. Murcek   2022-11-17 09:29  

#11  If you think FTX is the only ones doing this - you haven't been paying attention.

I'm thinking FTX is only the tip of the iceberg. The Dems have been doing this for decades.
Posted by: CrazyFool   2022-11-17 09:04  

#10  Epstein'ed or Seth-Rich'ed
Posted by: DooDahMan   2022-11-17 09:03  

#9  Big operation and central hub at Rickenbacher Airport in Columbus, Ohio back in the day. No time for customs inspections, just taxi over to pad 3 and the ground team will roll out with the K-Loader.

FTX and Open border now. No need for costly air operations, ghost fleets, and costly hanger maintenance.

Posted by: Besoeker   2022-11-17 07:12  

#8  In late 1998 it tried to merge with other aviation companies, but it filed for bankruptcy on October 1 in Columbus, Ohio - the same day that the CIA Inspector General released a report detailing allegations of Southern Air Transport’s involvement in drug trafficking in connection with US-backed and funded right-wing Contras in Nicaragua.[10]

On March 10, 1999, the assets of Southern Air Transport were purchased by Southern Air, and the new carrier began operations in November 1999.
Posted by: Besoeker 2022-11-17 02:28

...I remember those guys - they used to show up at Langley AFB VA about once or twice a month, beautiful white C-130s with gray tops, discreet lettering and an almost microscopic NC number hidden under the horizontal stab. My junior crew members would ask what they were, and I would gently suggest they forget they even saw them, lest they find themselves inspecting nail driver carts at Thule for what was left of their short, miserable careers in the USAF.

Mike
Posted by: MikeKozlowski   2022-11-17 06:59  

#7  /\ Ref #3: Yep, Epsteined soon I suspect. He knows too much.
Posted by: Besoeker   2022-11-17 06:58  

#6  Word was planning quick exit to Qatar
Posted by: Frank G   2022-11-17 06:50  

#5  According to OPENSECRETS

FTX ranked #3 in 2022 US Federal Political donations.

However, it criminally embezzled and donated over $70 Million of it users E-coins to various DC SWAMP campaigns and pockets to do so.

SIMPLE QUESTION:
Shouldn't the DC SWAMP be required to return the illegally given Money?

Posted by: NN2N1   2022-11-17 06:48  

#4  I reckon he must have made a lot of enemies else I figured he'd have been on the next plane to Tel Aviv instead of the rumored flight to Argentina.
Posted by: DooDahMan   2022-11-17 06:27  

#3  SB-F will be dead soon.
Posted by: The Walking Unvaxed   2022-11-17 06:25  

#2  Look at these media cockroaches circling the wagons:

The impact of SBF's support for Democrats is massively overstated
Posted by: DooDahMan   2022-11-17 06:01  

#1  Can't we just give it another name and begin anew ?

Bankruptcy

In late 1998 it tried to merge with other aviation companies, but it filed for bankruptcy on October 1 in Columbus, Ohio - the same day that the CIA Inspector General released a report detailing allegations of Southern Air Transport’s involvement in drug trafficking in connection with US-backed and funded right-wing Contras in Nicaragua.[10]

On March 10, 1999, the assets of Southern Air Transport were purchased by Southern Air, and the new carrier began operations in November 1999.
Posted by: Besoeker   2022-11-17 02:28  

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