FTX Exposed

Nick Kier

FTX is a Bahamas-based cryptocurrency exchange. The exchange was founded in 2019 and, at its peak in July 2021, had over one million users and was the third-largest cryptocurrency exchange by volume. Last month FTX and declared bankruptcy, they’re facing criminal charges and as of now FTX founder Sam Bankman-Fried if pleading not guilty to the courts. 

Now let’s look at all the players. Joe Biden, our president, has sent billions of dollars to Ukraine. Ukraine set up a “Crypto donation site” with FTX, and is keeping most of the money that Biden is giving him plus the money from the donation site for himself and his country, then giving millions to Sam Bankman and Sam is taking that money and becoming a mega donor to the democratic party. Not to mention Sam took billions of dollars of his customers’ money to run through a hedge fund run by his girlfriend to pay for his contributions to the democratic party. 

Now it doesn’t take a genius to see what’s happening here. It’s a circle. Biden sends money to a country in aid, that country sends money to a business, then that business sends a movie to the government. The democratic party found a way to fund themselves and keep their hands clean.