At Least $1 Billion of Customer Funds Missing from Collapsed Crypto Exchange FTX, CEO 2nd Biggest Donor to Democrats
November 13th, 2022CEO of cratering crypto firm FTX is Dems’ second largest donor, behind Soros:
Sam Bankman-Fried, the CEO of crypto exchange company FTX, and the second biggest donor to the Democrat party, is in hot water as his company is in financial freefall with over $1 billion missing.
According to Fortune, “30-year-old Bankman-Fried has been a major force in Democratic politics, ranking as the party’s second-biggest individual donor in the 2021–2022 election cycle.”
Also, Sam Bankman-Fried Bought Into Stakeholder Capitalism And Proved It’s A Disastrous Ideology:
What many in the mainstream are missing, though, is Fried’s attachments to the World Economic Foundation, various global elitists and his avid sermonizing of the tenets of “effective altruism”, which are nearly identical to the tenets of Klaus Schwab’s Stakeholder Capitalism agenda.
Via: Reuters:
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the people told Reuters.
A large portion of that total has since disappeared, they said. One source put the missing amount at about $1.7 billion. The other said the gap was between $1 billion and $2 billion.
More: Sam Bankman-Fried’s fall cuts off big source of funds for US Democrats
