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Bankman-Fried used $100M in stolen FTX funds for political donations, US says

reuters.com

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Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#171

Post by philistine »

Melting_Harps wrote: post #143
tedivm wrote: post #90

Earlier quoted context omitted.

> “All my Republican donations were dark,” he said, referring to political donations that are not publicly disclosed in FEC filings. “The reason was not for regulatory reasons, it’s because reporters freak the f—k out if you donate to Republicans. They’re all super liberal, and I didn’t want to have that fight.” He claims otherwise, although that's obviously not necessarily the truth. The public donations only accoun…

> He claims otherwise, although that's obviously not necessarily the truth. The public donations only account for $40m, and this document says they have $100m in political donations. It'll be interesting to see what the actual numbers end up being. I want to remind everyone following this thread that this is a prime example of the same chicanery and fraud you see on Wall street and that is also found within the VC ci…

when we see that's its scam after scam all the way down, excuse us for having a dim view of those who are all about the fundamentals.

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#172

Post by Melting_Harps »

philistine wrote: post #171
Melting_Harps wrote: post #143

Earlier quoted context omitted.

> He claims otherwise, although that's obviously not necessarily the truth. The public donations only account for $40m, and this document says they have $100m in political donations. It'll be interesting to see what the actual numbers end up being. I want to remind everyone following this thread that this is a prime example of the same chicanery and fraud you see on Wall street and that is also found within the VC ci…

when we see that's its scam after scam all the way down, excuse us for having a dim view of those who are all about the fundamentals.

> when we see that's its scam after scam all the way down, excuse us for having a dim view of those who are all about the fundamentals.

I hate to be 'that guy' but usename checks out:

Philistine (adjective) - Lacking in appreciation for art or culture.

The same was said about the Internet in the 90s, its a fad underscored with seediness and scams abound, I have no use for it and no one will use it. That was essentially Krugman's position on the internet and lo and behold it was the same about Bitcoin [0].

Again, I don't deny 99% of alts are scams, they are. But what you fail to see in erroneously painting these broad strokes is the same thing that boomers and 'economists' like Krugman did and lose the scrip entirely in the process--or was a mouth-piece for vested interests in the fiat monetary system that helped him become a Nobel Laureate and professor of economics at Columbia.

0: https://www.bloomberg.com/news/articles/2021-05-24/paul-krug...

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#174

Post by whimsicalism »

ceejayoz wrote: post #161
whimsicalism wrote: post #132

Earlier quoted context omitted.

Unsure why this is downvoted, I haven’t seen a shred of evidence for considerable “dark” donations to republicans.

Salame's $24M in donations to Republican causes are on the public record. The government alleges they were directed by SBF, which they'll have to prove, but it's certainly evidence .

Cheers, thank you - certainly more than a shred

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#175

Post by froggysnail »

permo-w wrote: post #125
froggysnail wrote: post #119

Earlier quoted context omitted.

Democracy is a beloved system of billionaires because they are able to pressure the weak men in power with money.

what's the better option

You already know the answer but you also know that we can't talk about it on the "open" internet.
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