“Ukraine Effort”: Billions to Ukraine Was Laundered Back to Democrats Via FTX

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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

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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.

Miranda Devine:

“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.”

Coincidence? Zelensky Calls for Peace Just Days After FTX Is Caught Funneling Millions of Ukrainian Aide Dollars to US Democrats

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]

Ukraine ‘partnered’ with top Dem donor’s crypto company FTX as Biden admin funded war effort: report

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.

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armaros
armaros
1 year ago

The only evidence seen here is of donations turning around from Ukraine to the Democrats
Which means that Sam stole $$ from the Ukrainian government.
– That’s not wise!
No evidence that taxpayer funds were moved in the same fashion.
It is a conspiracy theory Tulsi the Pro- Soviet – Anti -Israel surfer girl likes to spread.

-Anything to save Soviet rule over Eastern Europe, Assad in Syria, and assure Iran to get nukes.

It is possible that such a scheme existed, and if true, it should be revealed but so far no evidence of that was presented.
And the evidence is easy to find as crypto moves on the blockchain so all transactions are recorded in the universal (and incorruptible) ledger.
Which makes it unlikely that Billions would have been moved around this way given the easy way to track the funds.

Crypto is money that memorizes its transaction history. You can’t move it around, launder it, fake it, etc..

Devine, Tulsi, and Jessey don’t know how crypto works and they just want to generate sexy stories without understanding the mechanisms by which this currency operates.

What probably occurred here is that little Sam pledged $40M to the Democrats and as his operation was falling in liquidity he needed to pad it from accounts he could access. In this case the Ukraine Aid fund he set up through TFX.
The little creep stole money from Ukrainian orphans and war victims. Money donated by people worldwide in crypto so to secure it from KGB spies and the corruption of middlemen who always seem to enrich themselves at every charity.
The reason Ukraine used crypto was precisely to reduce the chances of corruption as charities always steal money, and to protect its finances from the Russians should Kyiv fall and the Russian savages raid the national coffers. As they already raided museums, banks, art, and cultural centers.

The little creep is protected and it seems both US parties had hands in his degenerate cookie jar.
We so far know Mitch took $2.5 M … and he’s probably not alone on the right.
This makes his prosecution unlikely. He knows too much
As for the Ukrainians, I am sure some would send the Azov men to hunt him down and filet him alive.
But that would hurt their relationship with the USA.
My guess is that unless the Bahamas puts him in jail, he will be Epsteined.

armaros
armaros
1 year ago

deleting comments?
not too free-speechy

Snowedin
Snowedin
1 year ago
Reply to  armaros

I am willing to bet that there was nothing offensive in the deleted post.

Snowedin
Snowedin
1 year ago
Reply to  armaros

They just deleted a post of mine as well.

Steve
Steve
1 year ago
Reply to  armaros

I just checked now for the two I posted a few days ago. Both are gone. This is not the first but of many. I keep my post clean and to the point. The ones getting deleted are the ones where I challenge GR or clearly point out where she is wrong of making statements before all the facts are fully known and frankly her over the top theatrical headlines from time to time.

Steve
Steve
1 year ago
Reply to  armaros

I just posted now about the video and got this – Steve
right now
Awaiting for approval

edD
ed
1 year ago

Our corrupt politicians have been involved with too much shady deals over the years involving Ukraine. I am proud to say that I never “stood” with Ukraine….

VTSD
VTS
1 year ago
Reply to  ed

Do you stand with Putin?

edD
ed
1 year ago
Reply to  VTS

How much $$$ did you give, and therefore LOSE, to “stand” with Ukraine ???

Last edited 1 year ago by ed
Steve
Steve
1 year ago

With all the numbers being thrown around and the full story still not known I ask how much was from Ukraine given, from the article, “FTX lost roughly $1 billion of customer funds and the money…

Last edited 1 year ago by Steve
Snowedin
Snowedin
1 year ago

Where ever is money laundering, one will find liberal commie demos and RINOs.

Grendel
Grendel
1 year ago

Ask yourself …….. How much for the Big Guy????

jerry snaper
jerry snaper
1 year ago

America is being run with fairy dust! We have taken our eyes off the true enemy which is islam. islam is acting as a conductor of all the actions of war against America. islams dream is to make America look like the Ukraine.

VTSD
VTS
1 year ago
Reply to  jerry snaper

Actually, Ukraine looks better than America that is run by democrooks.

VTSD
VTS
1 year ago

thanks to democrooks, Putin is smiling while Ukrainians are dying by tens of thousands.

janwoG
janwoG
1 year ago

The Ukronationalists are as dangerous as Hitler for promoting world war. And Democrat use them for stealing tax money

Steve
Steve
1 year ago

I watched the video with Watters. He states Zelenskyy is investing. Oh really? He personally or the people in the digital part of the NBU? And the former chief of the NBU that suddenly resigned disappeared and now faces an open investigation for embezzlement of $3 Billion. He states Ukraine invested money but provides no proof of the source or how much was actually invested in FTX nor how much was given to Democrats that can be traced back to Ukraine or funds provided to Ukraine.

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