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 An Utterly-Ridiculous Level Of Scam
Californialost 103 posts, incept 2021-10-14
2022-11-21 08:13:06

FTX is a big problem for investors.

Tether has the real-life potential to sink the world economy, for our lifetimes. Go to Revolver News for their latest on Tether, or if you don't want to login on their site, read this guy for free. Seems mostly accurate, too bad the DOJ is helping Taylor Swift with her Ticketmaster debacle, or I am sure they would have sorted out Tether a long time ago

//www.2ndsmartestguyintheworld.com/p/ftx-on-steroids-is-tether-the-biden

For fun, I just looked at a couple of sites of companies and/or people who were sponsored by FTX, like the Together Trial. Suprise Suprise, starting to scrub FTX from their fraud, though you can go on WayBack Machine and find FTX everwhere, for now.
Mannfm11 8k posts, incept 2009-02-28
2022-11-21 08:13:25

Here are a couple of videos on the medical CV19 scam and the political laundering of tech money through entities and PAC's. I have suspected for some tme tha government money going to European(Especially related to Ukraine and Soros) NGO's into Democrat get out the vote efforts.

Del Bigtree with Dr. Peter McCollough. They go through some real racketeering in the CDC and FDA, along with the attacks on McCollough and other Doctors who dared dispute the official lies.

https://rumble.com/v1v823a-episode-294-m....

Start around the middle, until you see McColough and back up. There are some real whores involved.

https://rumble.com/v1uguuw-late-night-di....

FTX and the impact of Citizens United.

Tore fought herself onto the Statewide Ohio Secretary of State ballot as an independent. She has a lot to say.

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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Quantum 648 posts, incept 2021-05-18
2022-11-21 08:13:36

As the ticker notes, money went to both Rs and Ds. That reduces the likelihood that anyone will get into the money-laundering aspect. There will probably be House hearings that will focus on the loss of customer funds and little else.

Google, pharma, etc. use the same approach. They give to both sides of the aisle, then neither side wants to seriously hurt them. They can do 95% / 5% in their contribution ratio and some of their most zealous guardians will be those with the 5%.


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Our God, will you not judge them? For we have no power to face this great multitude that is attacking us. We do not know what to do, but our eyes are on you. --2 Chron. 20:12
Mannfm11 8k posts, incept 2009-02-28
2022-11-21 08:13:47

And FJB is agreeing to fund climate reparations. Under whose authoriy? We should send them a bill for developing agriculture to keep them from starving. We know where that moneywould go.

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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Tonythetiger 752 posts, incept 2019-01-27
2022-11-21 08:13:54


Boredfree wrote..
But people prefer to shoot rather than think of anything simple.


On the other hand, shooting guarantees there will be no repeat offense, and it serves as a deterrent to those who are paying attention.

Heads on pikes keeps the issue in the forefront of public awareness (after the shooting, naturally).





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"War is when the Government tells you who the bad guy is. Revolution is when you decide that for yourself." - Benjamin Franklin
Tickerguy 190k posts, incept 2007-06-26
2022-11-21 08:14:26

Heads on pikes is for remembrance. How you condition the head before it goes on the pike matters little.

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The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Abelardlindsey 1k posts, incept 2021-03-26
2022-11-21 09:54:25

Tether is an open question as its never been properly audited to determine if they really do have the cash reserves they claim they do. Donuts to Dollars they do not. Apparently Genesis may go down today and Grayscale shortly there after. I always wondered how all of these people made "big money" off of crypto over the past 5 years. It wasn't just have bought bitcoin cheap then making bank when it went up. It was all levered (that word again, leverage) bets based on futures and more exotic derivatives.

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Its all in the mitochondria
Tickerguy 190k posts, incept 2007-06-26
2022-11-21 09:55:51

It wasn't "levered" in the truthful sense of the word.

Counterfeiting is not "leverage"; it's fraud. The difference between "leverage" and "counterfeiting" is in the representation that you have backed a loan with an asset when in fact the asset is fictitious.

You didn't "make money" through crypto -- you were the beneficiary of a fraud and your alleged "gain" should be forfeit as a consequence.

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The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Tonythetiger 752 posts, incept 2019-01-27
2022-11-21 11:04:59


TG wrote..
You didn't "make money" through crypto -- you were the beneficiary of a fraud and your alleged "gain" should be forfeit as a consequence.


As in: "I 'leveraged' your bank account to buy myself a new car. Now I'm bankrupt and they repossessed the car. Sorry about your bank account. I promise I'll pay you back one day real soon."


Good work if you can get it, and you have connections good enough to avoid the repercussions you deserve.

Funny how millions of customer dollars managed to 'untraceably' vanish just before the bankruptcy filing. You have to wonder what Bahamian bank account that customer money is sitting in these days, and who controls that bank account. I mean it's not like that kind of money can move without leaving an electronic paper trail.

Investigative minds don't appear to care.




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"War is when the Government tells you who the bad guy is. Revolution is when you decide that for yourself." - Benjamin Franklin
Sonoran_monk 1k posts, incept 2021-08-16
2022-11-21 11:51:08

Tether only claims <5% actual cash and most of their "reserves" are corporate paper. The only reason it hasn't imploded yet is that everyone in crypto wants it to be real so they act as if it is. For now.
Abelardlindsey 1k posts, incept 2021-03-26
2022-11-21 13:02:52

Everything in crypto goes down if Tether goes down.

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Its all in the mitochondria
Sonoran_monk 1k posts, incept 2021-08-16
2022-11-21 13:02:59

A bit more info on Tether.

Supposedly they have increased their cash/equivalents reserve from the above 5% around March '21 to 83% currently. An Italian audit firm pinky swears this is so.

https://www.forbes.com/sites/nicholasgan....
https://tether.to/en/transparency/#repor....

Back in March of '21 the NY AG investigated Tether and the exchange Bitfinex (these are owned by the same people) and found that they had overstated reserves and hid losses of $850mm resulting in them being prohibited from doing business in the state of NY and a fine of $18.5mm.

https://ag.ny.gov/press-release/2021/att....

The crypto industry is flying on a wing and a prayer.
Tickerguy 190k posts, incept 2007-06-26
2022-11-21 13:03:11

Uh huh.

Sure they did.

smiley

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The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Sonoran_monk 1k posts, incept 2021-08-16
2022-11-21 13:19:28

FTX's chief regulatory officer was lawyer Dan Friedberg who was formerly at UltimateBet an online poker company that was found to have cheated its players out of up to $50mm using a "God mode" cheat that let certain players see all the cards. Guys with stellar ethics like this would never front run or otherwise cheat their exchange clients, right?

https://nypost.com/2022/11/20/ftxs-ex-ch....

These guys are really making Bernie Cornfeld look like an amateur.
Eleua 21k posts, incept 2007-07-05
2022-11-21 14:12:38

Quote:
FTX's chief regulatory officer was lawyer Dan Friedberg who was formerly at UltimateBet an online poker company that was found to have cheated its players out of up to $50mm using a "God mode" cheat that let certain players see all the cards.


Must.resist.urge...

Every.
Sin...

(moves away from keyboard)


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Diversity + proximity = WAR

-They wanted camps; I want ropes.
Mjsmith 558 posts, incept 2011-12-08
2022-11-21 22:24:15

Quote:
But people prefer to shoot rather than think of anything simple.
Seems to me that "shoot" is absolutely in the "simple" column.
Doladin 77 posts, incept 2022-01-15
2022-11-22 09:22:38

Unfortunately, due to the Democrat party being involved, this has already nearly completely lost air time. Barely lasted a week
Mannfm11 8k posts, incept 2009-02-28
2022-11-22 09:22:52

Listen to General Flynn around 20 minutes. He lives in Sarasota, Fl. There is a hospital board, elected and they are going after the hospital over the question of why so many went in and so few came out alive. Want to see records, emails, etc. Says they have a few whistleblower Doctors. I wonder if they have the giant sized Vaseline jars still. There is a telephone pole coming up some people's asses.

https://rumble.com/v1wbg18-the-state-of-....

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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Abelardlindsey 1k posts, incept 2021-03-26
2022-11-22 10:43:48

@Mannfm11

Good. Good.

BTW, Binance, the largest crypto exchange of them all now appears to be having a liquidity crunch.

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Its all in the mitochondria
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