“Ukraine Effort”: Billions to Ukraine Was Laundered Back to Democrats Via FTX
Former billionaire Sam Bankman-Fried, founder of cryptocurrency exchange company FTX, funneled millions of dollars to Democratic campaigns, becoming one the party’s largest donors, second only to George Soros.
FTX CEO Sam Bankman-Fried of now-bankrupt FTX admitted that FTX was nothing more than a laundromat for the Ukrainian government.
FTX CEO Who Stole Billions in Cypto Ponzi Scheme Is DEMOCRATS’ Second Largest Donor After Soros
Sam Bankman-Fried admits that FTX is a crypto laundromat for the Ukrainian government. pic.twitter.com/c7798pHFif
— Bob Bishop (@BobBish40288847) November 13, 2022
Bankman-Fried donated nearly $127 million during the midterm cycle, according to Federal Election Commission data. His company also reportedly set up a website, Aid for Ukraine, to raise funds for Ukrainians amid the ongoing war against Russia. The initiative was powered by the Ministry of Digital Transformation of Ukraine, FTX and Ukrainian-web company Everstake.
Cryptocurrency donations were sent to the National Bank of Ukraine. The 30-year-old crypto financier wrote on Twitter in early March he was “excited and humbled to be working with the Ukrainian Ministry of Finance and others to support crypto donations to Ukraine.”
FTX was money laundering for the Democrats. US tax dollars went to Ukraine in the form of military and humanitarian aid. Ukraine partnered with FTX and invested heavily. The Founder/CEO of FTX was the second largest donor to Democrat Party, PACs and candidates, second only to Soros.
“Why on earth the American taxpayer is funneling tens of billions of dollars over to Ukraine so that they can fight Russia, and why on earth they would be involved, the Ukrainian government, with this now collapsed cryptocurrency exchange we need to know,” she told guest host Tulsi Gabbard.
“Why on earth was a country at war dabbling with cryptocurrency which everybody knows is shady?” Devine asked.
Devine added Bankman-Fried was in the “bosom of the left” and “indulging in all sorts of woke causes.”
Ukraine’s Ministry of Digital Transformation is a partner of FTX.
— Natalie Winters (@nataliegwinters) November 13, 2022
This is a bad situation. Ukraine invested in FTX with US Taxpayer money. Say What? https://t.co/Qpdh2G9K83
— Stanley W. Fields (@stanleyfields) November 15, 2022
The Senate Leadership Fund is the Political Action Committee (PAC) controlled by Mitch McConnell. Within the quarterly FEC filings of the Senate Leadership Fund, we discover that in addition to funding Joe Biden and Democrats, the ponzi scheme known as the FTX cryptocurrency exchange was also funding Mitch McConnell with $2.5 million. [Document Source]
The same people who investigated Trump for 4 straight years for fake collusion with Russia on the basis of a made up dossier are completely unbothered with Biden’s collusion with Ukraine to launder money through FTX’s Sam Bankman-Fried.
— Rising serpent (@rising_serpent) November 13, 2022
How World Economic Forum, others are hiding their past ties with FTX https://t.co/VEAHMyArWn
— Benny Johnson (@bennyjohnson) November 15, 2022
This is a must see Tucker. https://t.co/49nVIPNlID
— Kevin (@KevinLoves1stA) November 15, 2022
By: The Post Millennial, November 14, 2022:
Ukraine partnered with FTX as the Biden administration funneled funds to the invaded nation, and FTX then made massive donations to Democrats in the US.
The multi-billion dollar cryptocurrency company FTX, run by CEO Sam Bankman-Fried, the second biggest Democrat donor right after George Soros, collapsed last week as details emerged regarding their financial practices, which led to a run by customers on FTX. FTX did not have the funds to pay out.It was also revealed that FTX had partnered with Ukraine to process donations to their war efforts within days of Joe Biden pledging billions of American taxpayer dollars to the country. Ukraine partnered with FTX as the Biden administration funneled funds to the invaded nation, and FTX then made massive donations to Democrats in the US.
An article from the cryptocurrency news website Coindesk from March 15, 2022 reported that Ukraine partnered with FTX, and that “FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine.” Fiat is the legal tender or paper money of a particular country.
Putin invaded on February 24, and by March, the Biden administration had already sent a total of $2 billion to Ukraine for security assistance. On March 16, two days after the Ukraine-FTX partnership, Biden gave another $800 million to Ukraine. As of November, the US has sent over $60 billion to Ukraine.
Bankman-Fried made donations to the Dems that totaled $39.8 million, putting him just behind George Soros and his $128 million in donations for the 2021-22 cycle. Bankman-Fried became a significant donor to Biden starting in 2020.
He was the largest financial contributor to the Protect Our Future PAC, “the political action committee which endorsed Democratic candidates such as Peter Welch, who this week won his bid to become Vermont’s next senator, and Robert J. Menendez of New Jersey, who secured a House seat.”
As Bloomberg reports, Bankman-Fried had his net worth go from $15.6 billion to $1 billion in “the biggest one-day collapse it had ever seen among billionaires” over the weekend, a personal loss of funds that coincided with FTX’s implosion.
It is expected that Bankman-Fried will go bankrupt in the face of a liquidity crunch and the abrupt change in financial status, and he has already filed for Chapter 11.
FTX lost roughly $1 billion of customer funds and the money “vanished,” causing federal regulators to look into the company. The investigation will be conducted to determine the extent of harm to clients and what laws FTX may have broken, though FTX is not based in the US, a move that makes it possible for FTX to skirt US financial regulatory laws.
Source: https://gellerreport.com/2022/11/ukraine-effort-billions-to-ukraine-was-laundered-back-to-democrats-via-ftx.html/
