FTX pledges to “turn bitcoin into bullets, bandages and other war materiel” for Ukraine
FTX partnership with Ukraine is latest chapter in shady Western aid saga
Massive customer holdings have apparently gone missing thanks to a secret “back door” in the FTX bookkeeping system that allowed Bankman-Fried to make changes to the company’s financial records without any accountability. This connivance may have been used to hide at least $10 billion in client funds Bankman-Fried transferred from exchange to another company he founded, digital asset trader Alameda Research.
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Super PAC called Mind the Gap which quietly channeled millions to Democratic party candidates, primarily from nameless Silicon Valley investors.
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Throughout the 2020 campaign, Bankman-Fried gifted over $5 million to Biden and groups supporting him.
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In 2022 alone, Bankman-Fried lavished almost $40 million on Democratic candidates, campaigns, and PACs.
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More recently, Bankman-Fried pledged to donate a staggering $1 billion between this year and 2024 to ensure a Democratic victory in the next presidential vote