TIGERCITY
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RE: The FTX bankruptcy without the MAGA conspiracy theories
And just to clarify, millions of people have used FTX just like millions of people have eaten at McDonald's. It doesn't follow that those people are "investors" because they use the service.
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11-14-2022 12:23 PM |
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WalkThePlank
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:16 PM)Attackcoog Wrote: (11-13-2022 10:25 PM)TIGERCITY Wrote: No there aren't homosexuals here answering doors in their underwear. No Ukraine isn't behind this and their president ain't a Nazi. Here's what happened with FTX as credible sources are reporting right now....
The guy who controlled FTX also controlled a hedge fund.
The hedge fund lost money and became insolvent.
The guy who owned both decided it was a good idea to commingle funds in order to prop up his hedge fund rather than take the hit and possibly shut it down.
(The idea here is to buy enough time to trade his way out of the problem)
Commingling funds in this way as a felony.
The guys plan did not work. The commingling funds scheme was discovered.
FTX funds were lost in the hedge fund scheme. Federal investigators swarm and the media locks in. AND of course so do MAGA conspiracy theories and disinformation. So there you are. ..... Ukraine's not behind this. Neither are homosexuals or transsexuals. Biden didn't make this happen. Pelosi and her husband nowhere to be seen. But fine, changing minds starts with presenting an alternative. And with that feel free to add to my rep points.
The problem you have is both your description of the reason for failure and FTX being used to launder funds or misappropriate funds to the DNC (or Ukraine) are not mutually exclusive. Both could actually be true. No way to know at this time because its obvious the bookeeping was fraudulent. Your going to need a forensic audit to figure out all the unscrupulous crap was probably going on there. I have no idea if it was being used to launder Ukrainian money----but I also cant completely dismiss the possibility either at this time.
Dude, relax with the critical thinking. I need a link right now - TODAY - with the answer, otherwise it’s a conspiracy theory from right wingers. Everything is static and today is the deadline to uncover the truth.
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11-14-2022 12:24 PM |
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TIGERCITY
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:16 PM)Attackcoog Wrote: (11-13-2022 10:25 PM)TIGERCITY Wrote: No there aren't homosexuals here answering doors in their underwear. No Ukraine isn't behind this and their president ain't a Nazi. Here's what happened with FTX as credible sources are reporting right now....
The guy who controlled FTX also controlled a hedge fund.
The hedge fund lost money and became insolvent.
The guy who owned both decided it was a good idea to commingle funds in order to prop up his hedge fund rather than take the hit and possibly shut it down.
(The idea here is to buy enough time to trade his way out of the problem)
Commingling funds in this way as a felony.
The guys plan did not work. The commingling funds scheme was discovered.
FTX funds were lost in the hedge fund scheme. Federal investigators swarm and the media locks in. AND of course so do MAGA conspiracy theories and disinformation. So there you are. ..... Ukraine's not behind this. Neither are homosexuals or transsexuals. Biden didn't make this happen. Pelosi and her husband nowhere to be seen. But fine, changing minds starts with presenting an alternative. And with that feel free to add to my rep points.
The problem you have is both your description of the reason for failure and FTX being used to launder funds or misappropriate funds to the DNC (or Ukraine) are not mutually exclusive. Both could actually be true. No way to know at this time because its obvious the bookeeping was fraudulent. Your going to need a forensic audit to figure out all the unscrupulous crap was probably going on there. I have no idea if it was being used to launder Ukrainian money----but I also cant completely dismiss the possibility either at this time.
And you don't have proof that FTX was not run by a group of pedophiles out of a pizza shop. The fact that there's absolutely no proof of that at all doesn't render the first statement untrue. Correct?
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11-14-2022 12:28 PM |
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TIGERCITY
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RE: The FTX bankruptcy without the MAGA conspiracy theories
What I've posted is what has become apparent today.
There's no Grand conspiracy. There's no evidence of that. No one's even suggesting it until you get off the reasonable grid.
What is known is that you had money being commingled where it shouldn't have been. One company was in trouble, the hedge fund, and money was taken out of another company to prop up the first where it shouldn't have been. That the so-called loan was collateralized by an in-house cryptocurrency. Which means it was collateralized by essentially nothing. The House of cards fell. The fraud was exposed. It all unraveled and now both companies have gone down. That's what we know the rest of it is conspiracy b*******. Made up on the fly and bought wholesale by quite a few here apparently.
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11-14-2022 12:32 PM |
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Eagleaidaholic
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:20 PM)TIGERCITY Wrote: (11-14-2022 11:53 AM)Eagleaidaholic Wrote: Ukraine Partners with FTX(Article From March)
Quote:The country's collective efforts have already raised some $48 million in bitcoin (BTC), DOT, ether (ETH), SOL, tether (USDT) and other cryptocurrencies, according to the website. Other estimates place the amount closer to $100 million, but totals vary with market swings and exactly which websites are included.
I'm not sure what you think that says but it doesn't say that "Ukraine heavily invested in FTX" or invested at all. I'm still waiting for that link
Where did the money go? It didn't go to the war effort.
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11-14-2022 12:37 PM |
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Eagleaidaholic
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RE: The FTX bankruptcy without the MAGA conspiracy theories
From the Bankruptcy filing.
Quote:The sudden collapse of a crypto exchange linked to the Democratic Party in the US, has revealed that FTX presently suffers from $10-$50 billion in liabilities and virtually no assets. And among those liabilities, are “investments” made by Ukraine’s leadership clique.
The company FTX, in its bankruptcy filing appears to have held tens-of-billions in American “military aid” to Ukraine. Instead of using the alleged funds to fight Russia, the money was ‘invested’ in the FTX Ponzi scheme.
From the bankruptcy filing it is clear that this money has now disappeared.
Fried blew the money and used the donated money to cover the assets and for his own use. It is Bernie Madoff and Enron all together. The investors had no record or way of keeping tabs on their investments.
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11-14-2022 12:52 PM |
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tanqtonic
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RE: The FTX bankruptcy without the MAGA conspiracy theories
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11-14-2022 12:53 PM |
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tanqtonic
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:52 PM)Eagleaidaholic Wrote: From the Bankruptcy filing.
Quote:The sudden collapse of a crypto exchange linked to the Democratic Party in the US, has revealed that FTX presently suffers from $10-$50 billion in liabilities and virtually no assets. And among those liabilities, are “investments” made by Ukraine’s leadership clique.
The company FTX, in its bankruptcy filing appears to have held tens-of-billions in American “military aid” to Ukraine. Instead of using the alleged funds to fight Russia, the money was ‘invested’ in the FTX Ponzi scheme.
From the bankruptcy filing it is clear that this money has now disappeared.
Fried blew the money and used the donated money to cover the assets and for his own use. It is Bernie Madoff and Enron all together. The investors had no record or way of keeping tabs on their investments.
Actually your link *isnt* from the bankruptcy filing. And the quote, and the conclusions, are from a combination of "said Hal Turner, a well-known American radio host", and Zerohedge.com. (lolz, good ol' zerohedge....)
Zerohedge, when you look at it, cites no portion of bankruptcy filing -- just this "Considering that FTX was instrumental in laundering bitcoin into Ukraine...."
https://www.zerohedge.com/markets/ftx-he...ameda-knew
The 'tens of billions of dollars' is unsubstantiated in the bkrptcy filing, I and dont think the word 'Ukraine' appears anywhere in the filing either, after downloading it from PACER. Odd.
Care to try again?
Edited to add: chased down this proverbial 'Hal Turner' -- this is pretty funny.
Quote:Harold Charles "Hal" Turner (born March 15, 1962) is an American far-right political commentator and convicted felon from North Bergen, New Jersey.
Turner's viewpoints typically encompass Holocaust denial,[1] conspiracy theories,[citation needed] white supremacy,[2] and have included calls for assassination of government officials. In August 2010, he was convicted for making threats against three federal judges with the 7th U.S. Circuit Court of Appeals, for which he spent two years in prison.
https://en.wikipedia.org/wiki/Hal_Turner
Zerohedge and Hal Turner -- that is quite the all star set of base sourcing.....
2nd added: Even zerohedge notes what TIGERCITY says, that is when you read it.
Quote:Exhibit B will be a video meeting in which Alameda Research’s chief executive and senior FTX officials confirm they knew that FTX had lent its customers’ money to Alameda to help it meet its liabilities.
That is --- before they start invoking Ukraine with zero specifics.
(This post was last modified: 11-14-2022 01:14 PM by tanqtonic.)
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11-14-2022 12:57 PM |
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49RFootballNow
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RE: The FTX bankruptcy without the MAGA conspiracy theories
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11-14-2022 12:58 PM |
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tanqtonic
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RE: The FTX bankruptcy without the MAGA conspiracy theories
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11-14-2022 01:07 PM |
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TIGERCITY
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RE: The FTX bankruptcy without the MAGA conspiracy theories
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11-14-2022 01:14 PM |
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b2b
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-13-2022 10:42 PM)bullet Wrote: Cryto currencies are a scam. Dutch Tulips.
Hardly a surprise that someone running one commits a felony.
/thread
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11-14-2022 01:17 PM |
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georgia_tech_swagger
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:53 PM)tanqtonic Wrote: For the 'NYTimes is Pravda' set that gathers around the screens here:
https://www.forbes.com/sites/davidjeans/...9025d91d26
https://www.wsj.com/articles/ftx-tapped-...1668093732
https://www.reuters.com/markets/currenci...022-11-12/
https://www.investors.com/news/ftx-faces...o-buy-ftx/
Maybe Forbes, Investors Business Daily, Reuters, and the Wall Street Journal are all part of this gigantic conspiracy......
This forum is almost as good as an Alex Jones compendium at times.
The NYT is news through a slanted prism to just same extent and degree of ethical bankruptcy as Slate or Vox. I'd make fun of you if your only source was Breitbart, OAN, or The National Review if that makes you feel better. If you care about the pretense of being non-partisan then the most apples-to-apples comparison for the NYT is The National Review.
Reuters, Forbes, WSJ, C-SPAN, FT, The Economist, Reason, IJR, CSM, City Journal, The Hill, and BBC are all at least two standard deviations better than the NYT. You don't need to be a conspiracy theorist to believe that, you just need to be capable of independent critical thinking and be well informed.
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11-14-2022 01:38 PM |
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Attackcoog
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-14-2022 12:28 PM)TIGERCITY Wrote: (11-14-2022 12:16 PM)Attackcoog Wrote: (11-13-2022 10:25 PM)TIGERCITY Wrote: No there aren't homosexuals here answering doors in their underwear. No Ukraine isn't behind this and their president ain't a Nazi. Here's what happened with FTX as credible sources are reporting right now....
The guy who controlled FTX also controlled a hedge fund.
The hedge fund lost money and became insolvent.
The guy who owned both decided it was a good idea to commingle funds in order to prop up his hedge fund rather than take the hit and possibly shut it down.
(The idea here is to buy enough time to trade his way out of the problem)
Commingling funds in this way as a felony.
The guys plan did not work. The commingling funds scheme was discovered.
FTX funds were lost in the hedge fund scheme. Federal investigators swarm and the media locks in. AND of course so do MAGA conspiracy theories and disinformation. So there you are. ..... Ukraine's not behind this. Neither are homosexuals or transsexuals. Biden didn't make this happen. Pelosi and her husband nowhere to be seen. But fine, changing minds starts with presenting an alternative. And with that feel free to add to my rep points.
The problem you have is both your description of the reason for failure and FTX being used to launder funds or misappropriate funds to the DNC (or Ukraine) are not mutually exclusive. Both could actually be true. No way to know at this time because its obvious the bookeeping was fraudulent. Your going to need a forensic audit to figure out all the unscrupulous crap was probably going on there. I have no idea if it was being used to launder Ukrainian money----but I also cant completely dismiss the possibility either at this time.
And you don't have proof that FTX was not run by a group of pedophiles out of a pizza shop. The fact that there's absolutely no proof of that at all doesn't render the first statement untrue. Correct?
This literally is in the process of collapse. Its waaaaaaaay too early to be declaring there is "nothing to see here". About all we know now is they dont have nearly the assets they were claiming to have. If your willing to perpetuate a 50 billion dollar ponzi scheme----its not hard to believe you might engage is a little money laundering on the side. Im happy to wait and see how this all plays out. Do I have proof---nope----but then again I havent alleged that they were connected to Ukraine. Ive simply said its not impossible and that I'd like to wait until more information is available before I decide if there is or is not something to this allegation.
(This post was last modified: 11-14-2022 02:57 PM by Attackcoog.)
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11-14-2022 02:54 PM |
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Was SoMs Eagle
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RE: The FTX bankruptcy without the MAGA conspiracy theories
$40,000,000 to democrats before the midterms. Declare bankruptcy immediately after.
Should the democrats give the money back or high five each other?
2nd biggest democrat donor. Time to clean this country up.
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11-15-2022 08:36 AM |
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Kyle Mack
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RE: The FTX bankruptcy without the MAGA conspiracy theories
(11-15-2022 08:36 AM)Was SoMs Eagle Wrote: $40,000,000 to democrats before the midterms. Declare bankruptcy immediately after.
Should the democrats give the money back or high five each other?
2nd biggest democrat donor. Time to clean this country up.
Money laundering operation through Ukraine for the Dems.
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11-15-2022 01:07 PM |
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