The Jew-run crypto exchange FTX has gone bankrupt and its Jewish CEO Sam Bankman-Fried is facing all sorts of investigations.
A week ago, FTX's Sam Bankman-Fried was seen as crypto’s leading champion. Now his company has filed for bankruptcy, and the 30-year-old is facing multiple federal investigations. https://t.co/gnh8SwCBGG
— The Wall Street Journal (@WSJ) November 11, 2022
They suspended withdrawals so nobody can get their money.
JUST IN: FTX US suspends withdrawals.
— Watcher.Guru (@WatcherGuru) November 11, 2022
I haven’t been following the specifics, but it looks like they were running some type of Ponzi scheme that fell apart. There are reports of them doing all sorts of fraud.
– Sequoia invests $213m in FTX, driving its valuation to $32bn.
– SBF cashes out, steals client funds, invests $500m in Sequoia.
What do you even call this? “Double Pyramid Scheme”? And noone’s been led away in handcuffs yet?
What a f*king Ponzi & Scam market, all of it. 🤬 pic.twitter.com/Vc2l1WgESr
— Wasteland Capital (@ecommerceshares) November 10, 2022
It’s being said that the situation is worse than Enron.
FTX bankruptcy shows the company had 134 affiliates spread across the globe and may have liabilities of up to $50 billion.
Enron had liabilities of $23 billion.
FTX may be worse than Enron.
— Brian Sullivan (@SullyCNBC) November 11, 2022
Is FTX an Enron level scandal?
Enron was an energy trading company that was operating on a lot of fiction.
Enron had $38bn in liabilities when it went bankrupt, only $12bn of which were on its balance sheet…
In its bankruptcy filing FTX is listing liabilities of $10-50bn… pic.twitter.com/MdDdFbO0HC
— Wall Street Silver (@WallStreetSilv) November 11, 2022
The CNBC Jew scammer Jim Cramer spoke very positively of FTX’s Jew CEO just a few months ago.
In June, Jim Cramer called FTX CEO Sam Bankman-Fried the "new JP Morgan."
Today, Sam's net worth fell by $14.6 billion after #Binance announced plans to acquire FTX․com due to liquidity issues. pic.twitter.com/YBmRAoZy33
— Watcher.Guru (@WatcherGuru) November 8, 2022
Tom Brady and his now ex-wife Gisele actually appeared in an ad campaign for FTX. He was apparently heavily invested in FTX.
Other prominent athletes were involved with FTX in some capacity.
The collapse of this exchange caused another dip in cryptos.
Even though I still like Bitcoin and some of the other larger cryptos that aren’t total shit coins, there’s a reason why I also advocate physical gold and silver coins. They’ve represented a store of value for thousands of years. This crypto stuff has only been around for a little over a decade and there’s all sorts of weird fuckery and other things happening with the exchanges that I don’t understand nor have the time to follow.
This crypto exchange collapse and the fallout from it is just another product of Jews doing their typical scams.
Always remember, with Jews you lose.
