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November 14, 2022
Huge Democrat Donor Loses All of His Clients' Money, Media Pretends The Story Is About CryptoAmid all the jubilation and gloating by Joe Biden, Chuck Schumer and pals over the Democrats' better-than-expected showing in the midterms comes a disturbing story that may explain something about how they won such a curious election. Tucker Carlson briefly mentioned this story last week, and pointed out that while Joe Biden is calling for the politicized DOJ/SEC harassment of his political opponent Elon Musk, he refuses to mention the name of the man who once promised to donate a billion dollars to the Democrat Party. ... Given that this involves Democrats and money, of course there's a Ukraine connection.
Miranda Divine makes a suggestion that will be ignored: The very least the Democratic Party should do is refund the $40 million to the people who were ripped off by their crypto benefactor.
After the company declared bankruptcy, their assets were supposed to be frozen so that the bankruptcy court could decide how to apportion what remains of the money to its creditors and investors. Just a day after FTX Trading announced it was filing for bankruptcy, the company's CEO said Saturday that "unauthorized access to certain assets has occurred." Below, a video which explains the fall of FTX. If I understand what he's saying, the problem wasn't the crypto per se -- it was the leveraged investing, which could only continue so long as everyone was willing to park their money with FTX. If they ever asked for their money all at once, the company wouldn't have anything close to enough to pay them off, and they'd go bankrupt. Which is what happened. So of course the Democrats want to regulate crypto, the Scary Black Guns of currency.
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