FTX founder Sam Bankman-Fried in the Bahamas as customers’ billions go missing in company collapse

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FTX underwent a $16 billion implosion amid reports that co-founder Sam Bankman-Fried had been funneling money to a sister trading company.

“At this point it looks like Sam was doing all this virtue signaling to hide what he was really up to,” Pierce said. “His political contributions to the Democratic Party and all his philanthropy were about making himself look good and buying protection for what looks to pretty much everyone as a clear-cut case of fraud.”said nothing about the demise of FTX and Bankman-Fried’s alleged skulduggery was a shock to him.

“Everything that everyone finds surprising about this situation is not surprising at all, ands dates back to the 2008 financial crisis,” he told The Post on Saturday. “This is another case of self-interested actors using the appearance of virtue to deflect from things they’d rather not be questioned about. It’s about masquerading as this great moral person being a large donor to the so-called good guys and calling for greater regulation in the industry at the same time.

 

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Well Well Well

Follow the donations

POTUS How much $ for the big guy?

'A fool and his money are soone parted' Dr John Bridge 1587.

It's not missing; it went to Democrat candidates.

lock him up

😢

⋋✿ ⁰ o ⁰ ✿⋌(✿☉。☉) 🤯😱Whoooooooaaaaaaaa,😳🥺what 🙀🙃happened❓❔❓❔👀

You mean JoeBiden POTUS 2nd largest funder? Founder of corruption

Zelensky was the biggest investor… actually the American taxpayer

Probably the most hated man on planet earth right now

The brand new Bernie Madoff for crypto!

The new Bernie Madoff, with the help of the Biden administration

MIT geek

Rigged election again

this is a very very bad thing

He has reportedly left the Bahamas and is headed to South America.

Wasn't it the French writer, Honore' de Balzac (1799-1850) who said behind every great fortune is a great crime?

He started out in the Bahamas already - if that’s not a red flag in itself - and since fled to Argentina or Brazil.

FTX cheered by the WEF and the second biggest donor to the democrats while exchanging currency in Ukraine.

He’s been caught

Who’s his mommy?

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