Common Thread Found Between Biden, Ukraine, and FTX
(TheRedWire.com) – Most investment counselors consider cryptocurrencies risky investments because they are highly volatile. In 2019, 30-year-old Sam Bankman-Fried founded FTX. Through 2022, it amassed over one million users. On November 2, CoinDesk reported problems with the currency overlapping balance sheets with cryptocurrency FTT, which FTX invented. The report caused users to pull $6 billion out of the digital asset and a rival firm to cancel all its digital coin holdings and halt the purchase of the cryptocurrency. Ultimately FTX went bankrupt. Now, new revelations show that there is a common thread between President Joe Biden, Ukraine, and the defunct digital coin.
Bankman-Fried is well-connected to global elites. His aunt is the dean of Columbia University’s Mailman School of Public Health and the co-chair of the World Economic Forum’s Global Future Council on the Future of Human Enhancement. The WEC group once touted the FTX but deleted it from its website after it went bankrupt. Additionally, his mother leads a far-left Political Action Committee (PAC).
When cryptocurrency platform FTX imploded last week, erasing the fortune of founder Sam Bankman-Fried, the public soon noticed multiple strings between the defunct firm and the Democrats that curiously run through Ukraine. My latest for @realDailyWire:https://t.co/QSg1Hqd9u4
— Ben Zeisloft (@BenZeisloft) November 14, 2022
Bankman-Fried was also a major donor to President Joe Biden’s 2020 presidential campaign, and he recently gave $39 million to Democrats in the 2022 midterm elections. In Ukraine, the now-broke entrepreneur’s company converted FTX and transferred the money to the National Bank of Ukraine.
Lawmakers and regulators are now looking into FTX. On Thursday, November 10, White House Press Secretary Karine Jean-Pierre said that without oversight from the government, cryptocurrencies risk “harming everyday Americans.”
Copyright 2022, TheRedWire.com