Morgan of crypto. Doesnt mothe bother me. Im thrilled to be announcing im partners with ftx. Great easy way. I dont think so. The crash in bitcoin continues. Happened very quickly. You need ftx. Latest fallout from ftx. Sam bankmanfried. The former ceo of ftx. I ly is playing the game he was taught to play. Im fascinated by scams. Criminal defense attorney. Mr. Corzine would you raise your heigh right hand. I see a lot of them mad. Worst than enron. I you know. What the [ bleep ] in November Of 2022 ftx collapsed. Stunning financial markets. Caught regulators by surprise. Sam bankmanfried has resigned his role. Unbelievable. Billions of dollars banished in to the air. Now market. Ouch it went to zero. Full consequences of ftxs collapse are still not known. One month after it is bankruptcy the ceo Sam Bankmanfried called by his initials sbf was indicted by the federal government. The arrest of ftx founder Sam Bankmanfried in the bahamas. Story is bigger. Sam bankmanfried wound up in handcuffs, story is not over. Rise and fall of ftx is itself a devastating indictment of our ruling class. Of the journalists who made the fraud possible by shielding for Sam Bankmanfried for years. Im all in are you. The celebrity who endorsed him for cash. To buy, sell, trade. An time o indictment of our society, regulators who ignored his crimes and politicians who profits from them, ftx saga is the story of our time, a corrupt, elite in an Economic System that creates nothing, that is that story. Story. I am a correspondent with fox business network. Susan lee has been covering crypto currency for years. Susan lee, i would call ftx like the Td Ameritrade or charles schwab. A place you can buy and sell bitcoins, whatever, Crypto Currenty You like. Ftx it is a cryptocurrency aircra exchange. One of the largest Crypto Echanges in the world, billions of dollars traded on exchange, users thought it was legitimate. You are most important person and company in exri crypto. He is pretty smart. I am sam this is my story. He came with a scruffy kid that may not shower much that wears a lot of tshirts and shorts, just a guy who is sleeping on a beanbag and a genius out of nowhere. Sam bankmanfried of the one of the rich e the richest men in the world, promoting a humble image. They wrote fawning, profiles. He lives with roommates. One of them a golden doodle. Joining me now Sam Bankmanfried. I want to get rich not because i like money, but because i wanted to give that money to charity. You were called j. P. Morgan of crypto. It doesnt bother me. He promoted himself beyond financial world. At One Point Umpired in Major League Baseball wore the ftx on their shirts and miami heat arena renamed ftx arena. Cool. Sam bankmanfried associated with professional athletes, model ands world leaders. Im here with sam from ftx, were at Crypto Bahamas conference. It may have peaked last spring in Crypto Bahamas, a conference sponsored by ftx. Im convinced we have a lot of money, energy and talent behind crypto. The whoses who of crypto was in the bahamas, felt like th the anointing of a new king. They even had a super bowl ad. I dont think so. Im never wrong about this stuff. Never. Missiimploded on november 2. Coin desk a blog that covered the crypto marketed reported that Sam Bankmanfried personal hedge fund had taken on huge amounts of debt, the fund was close to ftx, Sam Bankmanfried owned 90 percent of that company, alameda was use the ftx crypto currency as collateral. It started with the coin desk report, questioning whether the fft was used for loans. Reviled Alameda Research, Balance Sheet is full of ftx native token. I am making up a tok token, saying a susan tok ttoke an. You can give he a mortgage for 500 Thousand Dollars because that is what im telling you that susan token is worth. They withdrew 5 billion of funds in one day. I called the twitter Driven Madrif madof made. Tweeted to his followers. On november 8, the rival, announced a Nawpp A Nonbinds agreement to bailout ftx and the next day reverses course. Just happened very quickly, i think that the lie wassic possiblessed. Over course of next few days, crypto currently prices across the board collapsed, and share prices start toed tank. The crash in Bitcoin Conditions this morning, as sag av ftx explodes. On november 9. It is marking investment in florence down to zero. A total loss. November 10. They freeze ftx assets Sam Bankmanfried tweeted, im sorry. That is the biggest thing, i [bleep] up and should have done better. He tweeted out an apology today, the worst. On november 11 ftx filed for bankruptcy, and Sam Bankmanfried of the forced to resign, next day, Wall Street Journal reports that Alameda Research chief executive. Knew that ftx length t len money to alameda to help meet its liability fee, alameda was once owned by ftx Sam Bankmanfried girlfriend. On november 17, john ray, ceo of writing in the ftx brurbankruptcy filings, never in my career have a seen such a failure of corporate controls and absent of financial information. Ftx of the dead. Sam bankmanfried was exposed. Lomita feed is 101 years old. When covid hit, we had some challenges. I heard about the Payroll Tax Refund that allowed us to keep the people that have been here taking care of us. Learn more at getrefunds. Com. Introducing the limited Edition Disney collection from blendjet. Nine exciting designs your whole family will Adore Blendjet 2 is portable, which means you can blend up nutritious smoothies, protein shakes, or frozen treats, just about anywhere recharge quickly via usbc. It even cleans itself. Order yours now from blendjet. Com and bring a little disney into your life. Im dave saks. I was founding Chief Operating Officer of paypal. I went to invest in Companies Like facebook, airbnb, uber. What went wrong at ftx . Ftx reason for what happened his hedge fund, alameda had a Trading Account on ftx. He says that ftx gave a more join loan to alameda. He was unaware of how big it got. Margin loach is loan allows to borrow against the amount of security you own in this case alameda using ftx up house crypto currency as collateral, when the market started to fall in spring of 2022, the bets soured. Other problem as they lose more money. That token was Class Ral Collateral it should have been sold off and margin called, it didnt happen, Auto Liquidoing provisions that apply over other count at ftx were turned off in alameda. Sam bankmanfried gave his personal hedge fund unlimited access to money deposited by the ftx customers. I am jam jamie dimon. The ceo of j. P. Morgan, imagine if you put your money in a j. P. Morgan account, you thought you were just depositing there for safekeeping, you find out it is gone, it was transferred to jamie dimons personal hedge fund, and only collateral he gave was a token he made up and as loan got bigger and bigger there was nomar j there was no margin call. Then the only question is, was this a planned fraud or did it just end up that way. As we saw with war in iraq. And financial crises and rise of donald trump, legacy media again got everything wrong. Number of people spoke to who dealt with Sam Bankmanfried described him in mice ways. Nice ways. They say it was an accident. I loved him. He got support of the Main Treatment Medi Str Mainstream Media, turning him into a bigger person, i have yet to see one apology from media, and are still, excusing what he did. If you want to say he is guilty before he is tried, i just dent understand. You have seen New York Times. The story with kid loves almost writing a puff piece, declaring that ftx was not a Exrie Criminal Mas Maste mastermind. Media is willing to give ftx a pass, you have to ask why,. I. To thank you for engaging in a tooa time of truth. Sam bankmanfried. Membership Media Outlets took millions from ftx. He funded the good press he got, he sent money to various other left wing journalism projects that paid off in favorable coverage. Professional reporters did not bring Sam Bankmanfried to justice, the amateurs on twitter did. It is not Mainstream Media that second posing it i learned most about what happened on twitter, and on youtube. Online sleuths who are doing heavy lifting to reveal the story. Uncovered details how Financial Media missed, including Sam Bankmanfried importantal dangsasam is a Sam Bankmanfried personal drug use. One twitter account. Posted a picture of a rapper frap wrapper for transcription of on the desk. Fda approved. It has many side effects they collude compulsive gambling. They are required to be on special special diet, and contains risk of mania. And. It seems like when you read the stories, it sounds like a bunch of kids who on adderall having a sleep over. His girlfriend who was ceo of his hing hen hedge fund, tweeted when you think about active struck lore there is not much difference between methamphetamine on the street and that a doctor might preswipe prescribe. Sam bankmanfried staked billions of dollars. Person. Ohe played Video Game League of legends on a zoom call with investors. Ftx approved expense reports with personalized emojis, they had no board, no oversight. And bookkeeping they relied on quick book software. It is run by members of a drug fueled sex cult, somehow, despite numerous trips to abou bahamas, no one in media noticed. How do you do that . Allergies dont have to be scary. screaming defeat allergy headaches fast with new Flonase Headache and allergy relief two pills relieve Allergy Headache Pain . And the congestion that causes it Flonase Headache and allergy relief. Psst psst all good Sam Bankmanfried played by a different set of rulings because he was a member of the ruling class, buying influence with millions of stolen money, and donated massive sums to charities. Preaching a new moral gospel. A Single Person can potentially save thousands with their lives. He is playing game he was taught to play. He believes in the concept of earn, to give. I am vivek ramaswamy, i wrote a pair of books one is woke inc. The other is nation of victims. Greatest impact for good. He pretended like he cared. Other than profit and power to gain more of each, that is Cardinal Rule of 21 century capitalism. Just really, large. Funny part of this irony about soar is part of t story, he was able to create that virtuous smoke screen that deflected everyone elses scrutmy. He used to money to become one of the biggest donors in this years midterm election. Donates Tens Of Millions to Democratic Candidates to the good guys, nobody bothered to ask how he generated that kind of liquidity. This is in hamlet for a reason. True as human history. There is enormous amount of positive impact we could have on the work. The guy pro protests chase of virtue much, might be the guy you want to question then turn and run the other way. Sam bankmanfried donated more 40 million in 2022 political cycle, 99. 6 of his donation to democrat. I think duty as a member of the industry to get us regulated to move the industry in a more responsible directions. He was the the face of socalled responsible regulation. Of the crypto currency industry. Things that i have been arguing for are more regulation. You see a guy calling for more regulation in his own industry, look of him in the eye, turn around and run the other way, their market power combined with political power to fleece you. Something at core is affect of altruism. A great question. I am curtis. Im a retired Software Engineer and a blogger. Raise your hand. Effective altruism is a faddish social Movement Popular in ruling class circles, founded by academic peter singer, a moral monster who opens infanticide. Believers. We need a new model of charity focused on maximizing affect of giving no matter human cost. You look at argument for just you know case for affect of altruism, you see they you could buy flowers for your grandmother or save the lives of 0. 1 children. You can impact way more people through you know our philanthropy and how you give back then. Like, you are doings huge thing, for some child or a thing for your grandmother, is she going to eat the flowers . You have a theory of altruism that involves the conclusion that you should never buy your grand mother flowers. They say, they are trying to help largest number of people even if it means hurting those closest to them, and replace natural feeling of loyalty to family and friends. Dollar spent in a third world country goes farther than your own neighborhood. It is affect everi effectively a dark religious movement. Sam bankmanfried is one of its high priest. Charles dickens writes about it. She has a large family, she neglects to sending money to i believe it is in the congo. One thing if you want to get in large u. S. City but another, how do we get to someone in middle of kenya. St impossible to know if your socalled altruism is helping anyone, if you are focused on people who live thousands of miles away. Or on theoretical issues like climate change. They work hard to subvert or corrupt, you actually know if you are trying to help your cousin, you are like feeding his gambling habit, and you take that and you spread if over a large number of people in africa it is hard to know whether you are doing a good or bad thing. Sam bankmanfrieds effective altruism was a sham. National truistic about it there was nothing altruistic about it. He didnt know he was being interviewed. The reporter is someone he thought was a friend, the reporter asked. Was this emphasis you put on effective altruism, part of the rouse you are creating and Sam Bankmanfried said, yeah here, admit it, yes, heehe, he said this is the dumb game we woke westerns have to play. That is what you call saying the quiet part out loud. He is articulating the golden rule of modern woke capitalism, you pretend to care about the woke virtue it is is a sm over 5 Million People have fallen in love with a portable blender. Blendjet 2 gives you icecrushing, big blender power onthego. So you can throw in your favorite ingredients and blend up a delicious smoothie anytime, anywhere. Blendjet 2 even cleans itself. Just add water, a drop of soap, recharge quickly with any usb port. Ready to fall in love . Order yours now on blendjet. Com part time job, full time hustle, all time shero to all of us. You nurture we listen, you teach we thrive. You lift our spirits, but weve Gotta Lay Down the truth. Its time for you, our shero to stretch for the stars. A free online chat can give you the Personalized Tips you need to start boosting your Retirement Savings today. Start saving more for retirement, so you can feel prepared and live your life to the fullest. Visit aceyourretirement. Org after brush see Wi Brucbankruptcy but before his arrest, Sam Bankmanfried tried if go out on a tour. A criminal defense attorney. Im shocked, my colleagues and i are shocked he was still there giving interviews. What do your lawyers tell you right now . Are saying thatting that issuggesting this is a good idea. They are very much not. First thing we tell our clients, in criminal law, no more talking that is the first thing that is rule one. We have a sign there, with a fish with a big mouth, said, you know i wouldnt be here if not for my big mouth. One interview with good morning america. Digital assets may not be loaned to ftx trading, they cant be loaned out. I there existed a bar lending facility. On ftx. And i think that is probably covered i dont remember where but somewhere else. That is him stopping thinking about it, saying to himself, my lawyers done tadidnt talk about this or told me not to go here, he wanted to slowdown, only reasons he is doing this to set the narrative. I ask myself a lot, how i made a series of mistakes. The narrative, and i made a mistake, i didnt steal anything, i didnt defraud anyone. I made a mistake. One of his strategies to clutter his sentences with jargon so no one could understand. Big position open on ftx. That position um, i think was very over collateralized a year ago, there a total market collapse, you know, specifically a large collapse in asset overs last month. I am no expert. But i dont think you answered my question. Techniquecrattic jargon is part of it. If you cant explain it to a 14 year oatyearold that means you dont understand it yourself, or do you understand it, you are trying to confuse people for your gain. Sam bankmanfrieds had been able to confuse interviewers by talking in circles. Nothing that Sam Bankmanfried said since fraud was exposed has been cohercoherent. I think that is not just an accident. It is by design. It is another deflecttion tactic. Biden Justice Department took over a month to charge Sam Bankmanfried with 8 counts of fraud and conspiracy, but 10 Billion Dollars he stole was gone. Last remaining question. Who will make Sam Bankmanfrieds victims whole . Im adam, i am a class act attorney. Days after ftx went bankrupt, mosca ritz. We have been working 24 hours a day. Talking to people, talking to experts, talking to victims. One of his clients is a u. K. Based investor, who agreed to an interview. How much did you close ftx. 2. 1 million. The question is where are they getting their money from, not from ftx most likely. The money is gone. He is using lawsuit from previous Ponzi Schemes as a model for his. In madoff there was no money, they sued every promoter, every that sold his stock, every Banker Entity that had anything to do with it got sued you will see that with ftx. L he had a lot of meetings and talking about regulation is good for the industry, i feel duped. Ending up a fraud and a ponzi scheme. It seemed like, safer than a bank, maybe transferring money from my bank account into ftx. 3. Billions agreed to be onboard. This is like opposite of compliance. You cant get further from compliance, i dont know. Its shocking. Our clients respected larry david, tom braisey, gisele. They charged dc khalid and doxer Floyd Mayweather unlatching touting coin offerings. Are you confident that all those who vouched for him. And the company will they be held accountable for this. I hope so. Like being raped, you are helpless, and people so many people, does not matter the amount, i hope they are held accountable. What sam did was a fraud is a slamdunk,. No doubt, no doubt 100 . He will be put in jail. That was our documentary on ftx, possibly greatest scam of alltime, all Tucker Carlson on fox nation, ahead, a look at our documentary on the biden family corruption. Biden inc, it is worth seeing and next. Get refunds. Com powered by Innovation Refunds can help your business get a Payroll Tax Refund, even if you got ppp and it only takes eight minutes to qualify. I went on their website, uploaded everything, and i was blown away by what they could do. Getrefunds. Com has helped businesses get over A Billion Dollars and we can help your business too. Qualify your business for a big refund in eight minutes. Go to getrefunds. Com to get started. Powered by Innovation Refunds. Mass general brigham when you need some of the brightest minds in medicine. This is a leading Healthcare System with five nationally ranked hospitals, including two worldrenowned academic medical centers. In boston, where Biotech Innovates daily and our doctors teach at Harvard Medical School and the physicians doing the worldchanging research are the ones providing care. Theres only One Mass General brigham. You watched scam bankrupt. Fraud. Now biden inc, explains how the bidens kept themselves afloat all these years at your epence. How do you know the system it rigged. When Nit Wits In Charge Wind Up rich. The corruption runs deeper. The Institutional Centers of american life, media, tech companies, federal Law Enforcement are fully committed to protects people in charge at all costs. They are rot ep to t rotten to the core, the way they dealt with Hunter Biden Laptop Story proves it, you about so see account how fbi, intelligence agencies and American News media coordinated to rig a president ial election, changing the course of history. Who has physical position of the laptop. The fbi. How long have they had. Since december of 2019, they buried it. Since joe bidens days at barack obama vice president. Federal Law Enforcement has suppressed news of the biden family crimes, protecting the family. I went to second debate in nashville. There have been questions about work your son has done in china. Nothing was unethical. The next morning, at dc glefe. Every Law Enforcement in fbi i spent 5 plus hours sitting in a room with one point as much as 6 federal agents walking throughs facts of my knowledge of the biden family. Our folks need to make sure they are not just doing right thing but in the right way. I wish i had pictures of face was two main agents interviewing me,y would say something, he could see the shock in their face. They avoid even the appearance of biased or lack of objective tie. Objectivity. In my interview. On my black ber, jim biden called me by wa what whats app, i said you are calling me now, i showed it agents they got up and lift. At end of that 5 plus hour interview, head of station told my lawyers, an individual tim tebow will run point on this we will have tony come back in for a followup interview could be next week. One problem. Stunning new developments arounding hunter biden laptop. Credible Whistle Blowers have come forward alleging that agency have down played negative information on hunter biden. How did this Timothy Tebow guy conceal this information for basically two years now. Despite Mounting Reames of evidence, he never got in touch with tony. I have not heard from them. Al ought. At all. No. No communication . No. He resigned in August Of 2022 after whistleblowers reduced Ifd O Evidence of his left wing political bias. After two interviews, after giving his evidence to feds and waiting over two years for an indictment. Tony, still has not received his promised phone call. Not that fbi was inactive, they were doing something, they were actively suppressing the investigation, and aggressively working to kill the story. In late august of 2020, rudy guliani received, email from laptop profession owner. You had two smokes guns on set with. , rudy and his lawyer went through the material and realized it was bombshell. He was being spied on by the fbi through a covert warrant. At same moment fbi was protecting hunter biden they were spying on the trump campaign. A got a call late at night with photographs from the laptop. New york post, published damning emails found on an old computer once owned by bidens troubled son hungter. Hunter. I knew jewel y guliani. I liked it was a good story, my editors went with it. Major American News paper. A ta tabloid newspaper. We did all due dill gents, my Text Messages, with rudy were accessible by the fbi. The Text Messages that fbi intercepted tipped them off he was communicates with New York Post reporter, and what happens next, is stunning. Hunter biden laptop story, the New York Post. You sensorred that. Sense se. We stock a different path than twitter, background is that fbi, came to us, and some folks on our team, said, just so you un, you should be on high alert there so we thought there was a lot of russian patro propaganda in 2016 election, we have it on notice there is about to be a disusm. Dump. Within hours of our story going live on october 17 of 2020, facebook and twitter shut us down suppressing evidence and censoring story was not enough for the feds, they needed to give joe biden cover. They needed to frame the coverage of the the story. Create a narrative. With help from. That is what they did. Serious questions. There are going questions. About whether russians are using rudy guliani. Rudy jewel yet again, ye it interfere in u. S. President ial election. It took operatives at highest level of u. S. Intel community, men like james clapper. Less than a week to release a letter falsely declares the story was Russian Disinformation. Famous letter 51 former intelligence officials. Expert said if has hallmarks of information laundering. 4 former heads of cia. Every three letter, Agency United states has was represented. Who do you think is behind this. Russian said would be my one one guess. A wrote a letter, saying that laptop, was had all of the hallmarks of Russian Disinformation not. Not a single one of those officials, reached out to me. Cbs news learned that fbi is now look into whether the Information Founding on the device may be part of a Russian Disinformation campaign. Tarring my name, my familys name. All decades of Military Service we served. I was irate. They knew they were lying. Their craven lying gave joe biden just cover he needed. 50 former National Intelligence folks who said, she accusing me of is a russian gla plan. They didnt reach out to me, they had an agenda. Their clear cut awas to create noise and create cover, to help joe biden get elected. The laptop is a russia aru arussia hoax. Hoax. That is what it. That is where he is going. The laptop is russia. I want to stay on issue of race. You have to be kidding, here we go against with russia. Well continue on the issue of race. Letter was a lie. But it worked,. Sounds like the election was ill say it rigged in part by the fbi. It was. It was. Exrup the corrupt federal bureaucrats it media to help them. Something changed during Donald Trumps first term, they became activists, that was not always true, in 2016, there were many reporters at outlets toll Cover Scandal that implicated certain democrat, but by 2020 that was over. Were not speculating, journalists say so. This is how the news media protects the biden family. In 2015, i released a book, clinton cash, look at Flow Of Money during Hillary Clinton tenure as secretary of state. A new book. It is by no means go away. We went to Investigative Unit of new york time and the Washington Post and said, we found some really interesting things, they said great, New York Times ran a 4,000 word front page piece, confirming our findings. Washington post ran a sears of articles. Were back in 2 the political scenes. We will be subjected to all kinds of distraction. To 2020, response was different. They had no curiosity they did not want to pursue the story. Mr. Biden, what flavor did you get . Main stree Mainstream Media realize. It would influence the campaign if hunter biden was picked up. They decided to look the other way. And pretend that the Hunter Biden Story was not there. Mr. Question a quick question. No, you cant. They admit this ben smith, media reporter for the New York Times in october of 2020, ran a front page story. Trump had one last story to sill, Wall Street Journal would not buy it. Subtitled. The gatekeepers return, about Launcher Shift in the american media. One in which the gatekeepers have appeared to return after a long absence. Mr. Squeezedder swier schweizer is still around in this cycle seeker on breitbart with a couple of Hunter Biden Stories this month. The gatekeepers are back, and Hunter Biden Laptop Story was stopped at gates. You can watchful two part dpeu documentary on fox nation, see you is a fox news n Marianne Rafferty in los angeles. An update for you now on that powerful and deadly earthquake that has rocked turkey and syria. Heres what we know. At this hour. The 7. 8 magnitude quake struck early monday morning in Southern Turkey and northern syria. Right now the turkish government is reporting at least 360 dead. In turkey and syria. Hundreds more are hurt, and those numbers are likely to keep climbing over the coming hours because the damage is said to be quote disastrous. Hundreds of buildings toppled during the quake. It hit in th
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