Michael Green with an excellent recap and analysis of what happened with SBF and FTX.
This line seems to hit to the heart of the matter:
We have to wonder if SBF saw the writing on the wall and hoped to achieve a similar outcome [to former Democratic Governor of New Jersey John Corzine who got a slap on the wrist for his fraudulent dealings] with his donations to the Democratic Party by becoming Too Big to Jail.
One of the Democratic Party politicians SBF donated to was Maxine Waters who is now heading a Congressional oversight committee looking into SBF. How convenient.
I think the Babylon Bee has the real picture. A money laundering scheme from the get-go.
ReplyDeletehttps://babylonbee.com/news/ftx-fraud-scandal-heres-what-you-should-know
Thanks - good stuff
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