Thread: The FTX Disaster Is Deeper Than You Think

The FTX Disaster Is Deeper Than You Think by ColdFusion

THE FTX DISASTER IS DEEPER THAN YOU THINK -BY COLDFUSION

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Crypto Nuts are screaming they were robbed blind by a guy selling imaginary cash

How Money From Gates And FTX Bought Scientific Silence

TUESDAY, NOV 22, 2022 - 06:20 PM
Authored by Jeffrey Tucker via The Epoch Times,

Looking back, it’s utterly bizarre how the world of science could have gone so silent even as the world locked down and lives were shattered by the billions by governments the world over. The silence was deafening. We went from a March 2, 2020, letter signed by 800 public health experts associated with Yale University—which warned against quarantines and closures—to a strange disappearance of nearly all clear voices a few weeks later. And so things stood for the better part of two years.



Governments were allowed to create vast carnage based on a novel experiment with absolutely no precedent in history and no scientific literature that backed it. Even the World Health Organization’s pandemic plan included nothing like lockdowns as a solution to a widespread pathogen. At the time, it was obvious to me and others that the silence was due not to broad agreement with the policies but to something else.
That something, sad to say, was money.
We are more and more discovering the heightened role that the crypto exchange FTX played in funneling money to major public health outposts and academics at Johns Hopkins and Stanford University, as well as its family connections to the Columbia University department of public health. And before that funding spigot opened up, there was the Gates Foundation which had clearly pivoted from seemingly nonpartisan research to full support for the lockdowns.
To be sure, there is no one explanation for the disaster. The whole profession had already been infected by the intellectual virus of mechanistic rationalism and modeling. The idea was that if you slap some math and equations together and let the computer take over, you can gain a picture of disease outcomes under various scenarios. Such models are easily manipulated with small changes in variables.
Deborah Birx relied on these entirely in her push to get the Trump administration to greenlight the lockdowns. And there can be no doubt about that history now that Trump’s Twitter account is alive again. The end of the censorship allows us to see how he was pressured to throw out his best instincts and instead adopt a lockdown policy, not just for two weeks but for months after, even to the point of criticizing Governor Brian Kemp of Georgia for opening up that Trump considered to be “too soon.”
(As an aside, the restoration of Trump’s account also allows us to see that his last two tweets urged all Jan. 6, 2021, protesters on Capitol to stay peaceful and respect the blue. It’s no wonder the ancien régime at Twitter wanted his account blocked and blasted away.)
Having studied this trajectory closely, it seems impossible to overlook the political motives here. No question that many elites in many places had whipped themselves up into a frenzy to the point that they were willing to crush the whole of society and even give up two years of education for kids in order to drive Trump from office. The plot was to get him to make the initial call himself based on telling him lies about virus severity and the effectiveness of lockdowns. No question that he was hornswoggled.
However, in addition to these factors, one cannot neglect financial factors. Quite plainly, the grant money at the time and for two years later was clearly on the side of lockdowns and the Democrat Party, plus the elite media and their narrative line that openness equals death and lockdowns/masking/mandates were public-spirited.
Vast numbers of scientists who could have and should have spoken out remained silent, or, worse, lent their voices in support of the outrage. Much of the reason has to do with how science is funded at the university level. It’s all about getting the next grant. It’s tragic but there is a strong motivation here to curate one’s opinions in a way that paves the way for future funding sources.
This is why it is not necessary that every sellout scientist be in receipt of direct funds from Gates, FTX, or the pharmaceutical industry. All that needs to happen to control a whole sector of opinion is for the word to get out on the streets that a funding source is there with countless millions and is ready to fork over.
As a result, even the smartest and most credentialled people can be easily made to fall in line. And no question that FTX quickly picked up the reputation of somehow being concerned about “pandemic planning” and so the whole of the industry lined up with their palms out. After all, FTX promised $100 million in grants!
This is why, the Washington Post reports, “The shock waves from FTX’s free fall have rippled across the public health world, where numerous leaders in pandemic-preparedness had received funds from FTX funders or were seeking donations.”
The seeking part is key here. But so is the money trail. FTX funded the later stages of the single biggest trials for repurposed therapeutics for COVID. Countless lives hung in the balance on these trials. Many physicians the world over had experienced great outcomes in dire circumstances from generic drugs such as HCQ, Ivermectin, fluvoxamine, and others, especially when used with other vitamins and zinc. Testing them was crucial.
The results were backed by a predictable media blitz: such therapeutics don’t work. Meanwhile, the study has been severely criticized not only for poor study construction but also for the conflicts of interests of top researchers who also consulted with pharmaceutical companies.
This is all very significant because there is a strong sense that the reason for the neglect of therapeutics—by the National Institutes of Health, Gates Foundation, and also major media, which smeared anyone who suggested there might be a better way—might all trace to the economic motive of shutting down cheap alternatives to vaccines.
Independent journalist Alexandros Marinos has mapped out the timeline of the study:

The Gates Foundation was first in, followed by Rainwater and FastGrants. FastGrants is a program established by the Charles G. Koch Foundation that also ended up giving money to Imperial College modeler Neil Ferguson, who first drove lockdown propaganda in the UK and United States. FTX modeled its own grant-giving program on FastGrants and then picked up the funding burden later in the process. (There is supreme irony here: the lie all over the internet was that the Great Barrington Declaration was funded by Koch, whereas in fact that money stream was going to the opposition!)
In addition, the Post notes, FTX “awarded $1.5 million to Stanford University’s Center for Innovation in Global Health in July for seed grants intended ‘to catalyze research and innovations that prepare for and help prevent the next pandemic.’”
Also: “The Future Fund’s commitments included $10 million to HelixNano, a biotech start-up seeking to develop a next-generation coronavirus vaccine; $250,000 to a University of Ottawa scientist researching how to eradicate viruses from plastic surfaces; and $175,000 to support a recent law school graduate’s job at the Johns Hopkins Center for Health Security.”
We don’t know how much money Gates/FTX gave to JHU’s Center for Health Security (which had sponsored Event 201) but it was enough to cause the Center’s head Tom Inglesby to completely reverse his earlier position against lockdowns to become a leading champion of them.
“Overall, the [FTX] Future Fund was a force for good,” Inglesby told the Post. “The work they were doing was really trying to get people to think long-term … to build pandemic preparedness, to diminish the risks of biological threats.”
Following the money trail from FTX to the public health establishment will undoubtedly reveal more in the way of information, especially considering that Sam Bankman-Fried’s brother Gabe ran a lobbying organization entirely devoted to “pandemic planning.”
No question that this whole machine became an industrial behemoth over two years. When I first started Brownstone Institute, my phone and email began to blow up with offers of money and funding, but always with a proviso. I had to connect our scientists with their network of scientists in an already established system.
There was no question in my mind what was going on: I was being told to play ball in exchange for large checks to make this fledgling nonprofit work. In some way, this astonished me: I was being offered a path to riches provided I would gut the whole mission! And this was happening even before we had published any of our research!
So, yes, I saw how this system works firsthand. Of course I completely rejected the idea simply because going along would defeat the whole point of founding an institute in the first place. And yet the presumption on the part of the contacts was that surely this was just another racket in a space full of them and I would be happy to give up all principles for generous funding. I never considered it even for one instant.
There is a grotesque tragedy to all of this. Great people gave up all their principles and integrity in exchange for grants and grease from big shots who used their money and power to wreck the world over two years, and they were able to do it with very little professional opposition. And yet here we are today. Who are the real stars in the world of science today? Not those on the Gates/FTX gravy train. It is the men and women who stuck their necks out to do the right thing.

How Money From Gates And FTX Bought Scientific Silence | ZeroHedge

FTX & The Corruption Of America



What all the entrenched insiders in America's parasitic, predatory elites and institutions don't dare admit is that to protect themselves from consequence, we've had to sacrifice everything else...

Hopefully this slows down the crypto digital currency scam our governments want to force on us to control and track everything we buy and do!

Wake up people! Shut them down.

Sam Bankman-Fried’s parents purchased $121 million in “vacation home” properties in Bahamas using illicit funds from FTX crypto scam

Sunday, November 27, 2022 by: Ethan Huff
110VIEWS



(Natural News) Over the past two years, the parents of Sam Bankman-Fried (SBF), the criminal head of the now-defunct FTX cryptocurrency exchange Ponzi scheme, “bought at least 19 properties worth nearly $121 million in the Bahamas,” new reports claim.
Citing official property records, Reuters reports that it was not just “executives” at FTX and Alameda that were stealing investor cash and using it to pad their own pockets and buy expensive properties. SBF and his family were doing the same without shame.
Most of the properties that SBF’s parents bought in the Bahamas using stolen funds were “luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million,” we are told.
Keep in mind that all of these properties were officially purchased by a unit of FTX. (Related: Before collapsing under the weight of fraud, FTX had a higher ESG [environmental, social, and governance] score than ExxonMobil.)
According to the properties’ deeds, all of them were to be used as “residence for key personnel.”
“Other high-end real estate purchases include three condominiums at One Cable Beach, a beachfront residence in New Providence,” the Reuters report further reveals.
“Records showed the condominiums cost between $950,000 and $2 million and were bought by Nishad Singh, the former head of engineering at FTX, Gary Wang, an FTX co-founder, and Bankman-Fried for residential use.”
Barbara Fried is a Stanford law professor who runs a Democrat super PAC

So, who are the parents of SBF, you might be asking? Their names are Joseph Bankman and Barbara Fried, and they are both law professors at Stanford University.
Both of these individuals are listed as signatories on a home located in Old Fort Bay, which they are said to be using as a “vacation home.” According to a spokesperson for the two professors, they have supposedly “been trying to return the property to FTX.”
This is a convenient story, is it not? Just as FTX collapses into the heap of criminality that it always was, the money-grubbing founder’s money-grubbing parents allege that they are suddenly trying to return the property as if they were innocent in all this.
It turns out that Barbara Fried is a law professor at Stanford who just so happens to also run a Democrat super PAC.
“Since before the bankruptcy proceedings, Mr. Bankman and Ms. Fried have been seeking to return the deed to the company and are awaiting further instructions,” Fried and Bankman’s spokesperson told Reuters.
Also unearthed in records from the Bahamas Registrar General’s Department are new details “for FTX, Bankman-Fried, his parents and some of the company’s key executives” exposing other property purchases that were made with stolen funds.
A unit of FTX called “FTX Property Holdings Ltd” bought about 15 properties collectively costing $100 million. These purchases occurred in both 2021 and 2022.
The headquarters of FTX, meanwhile, is now abandoned. The $4.5 million plot of land is apparently empty, which makes perfect sense in light of all that is being revealed.
“Will the IRS and the California Tax Authority take notice of this grift or are they too busy with the returns of regime opponents?” asked a commenter at Natural News about what comes, or should come, next for these criminals.
“It’s all Satanism,” wrote another. “The inversion of everything Godly and natural is taking place.”
“It’s called the Synagogue of Satan, according to the books of John,” interjected another, referring to the Holy Scriptures, including Revelation 2:9 which reads:
“I know thy works, and tribulation, and poverty, (but thou art rich) and I know the blasphemy of them which say they are Jews, and are not, but are the synagogue of Satan.”
The latest news about the FTX scandal and the rest of the criminal world of finance can be found at Collapse.news.
Sources for this article include:
ZeroHedge.com
NaturalNews.com
BlueLetterBible.org

Sam Bankman-Fried’s parents purchased $121 million in “vacation home” properties in Bahamas using illicit funds from FTX crypto scam – NaturalNews.com

BUYING THE PRESS: FTX showered left-wing media outlets like Vox, the Intercept and ProPublica with stolen investment cash

Sunday, November 27, 2022 by: Ethan Huff
570VIEWS



(Natural News) It has come to light that another thing disgraced FTX founder Sam Bankman-Fried (SBF) did with all that stolen investor cash is hand it over to the likes of ProPublica, Vox, The Intercept, and other far-left media outlets.
The Law and Justice Journalism Project, along with the recently launched Semafor media empire, were also on the dole of SBF and his crypto exchange scam, which in case you somehow missed it recently collapsed following the revelation that SBF and other crony executives stole all their investors’ money.
“They all took it,” said Human Events Daily‘s Jack Posobiec about the various left-leaning media outlets that took cash from SBF and FTX. “And none of them broke the story.” (Related: FTX was also involved in funding the infamous “TOGETHER Trial” discrediting ivermectin as a viable remedy for the Wuhan coronavirus [Covid-19].)
Semafor, which was launched in October, is said to have raised $25 million from investors such as David Bradley of The Atlantic magazine and Jessica Less, founder of the technology website “Information.” SBF, of course, also contributed to Semafor’s launch.
“That was only a few short weeks before FTX collapsed,” reports The Post Millennial.
“Customers made a run on the exchange to withdraw their deposits, only to find that the company did not actually have it. FTX is now in Chapter 11 bankruptcy proceedings in the state of Delaware, and Semafor is out a whole bunch of money.”
Elon Musk says Semafor’s reporting on FTX is inaccurate

While most of the aforementioned media outlets have not reported on the SBF and FTX scandal for reasons that are now clear, Semafor did report on it – though with incredible inaccuracy, according to billionaire tech titan Elon Musk.
Semafor reported that SBF had a relationship with Musk, to which Musk responded with the claim that his “bulls**t meter was redlining.”
“Semafor is owned by SBF,” Musk wrote in a tweet to Semafor. “This is a massive conflict of interest in your reporting. Journalistic integrity is [trash].”
This tweet came after Semafor made the suggestion that readers follow the media empire on some other platform besides Twitter, which many left-wing groups are now boycotting because of Musk’s purchase.
When asked why it is urging its followers to use a platform other than Twitter, Semafor snarkily responded with, “No reason in particular, but you can also follow us on:” followed by a list of other globalist-controlled social media and tech platforms.
Interestingly enough, Semafor put out a claim that SBF had, in the past tense, a stake in not only Semafor but also Twitter. When asked by Musk “what’s going on here?” concerning these ties, Ben Smith, Semafor’s founder, responded with:
“Like you and many others, we took an investment from him.”
As for Vox, the company says it received “a grant from Building a Stronger Future, a family foundation run by Sam and Gabe Bankman-Fried, to support a project on technological innovation bottlenecks that hamper human progress,” but that the project is “now paused” due to FTX’s collapse.
ProPublica reportedly received a $5 million grant from the same “family foundation” on Feb. 28, 2022. That donation was to be used for supporting “investigations into ongoing questions about the COVID-19 pandemic, biosecurity and public health preparedness.”
The Building a Stronger Future Foundation, by the way, was a key component of SBF’s “effective altruism” scam, which is just Marxist globalism in very thin disguise.
Then we have The Intercept, which had reportedly taken in $500,000 from FTX at the time of its fall. SBF’s bankruptcy, said acting editor-in-chief Ryan Hodge, “will leave The Intercept with a significant hole in its budget.”
The latest news about the FTX scandal can be found at Collapse.news.
Sources for this article include:
ThePostMillennial.com
NaturalNews.com

BUYING THE PRESS: FTX showered left-wing media outlets like Vox, the Intercept and ProPublica with stolen investment cash – NaturalNews.com

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FTX head Sam Bankman-Fried declared a “pathological liar and a sociopath” for continuing to explain away his outrageous fraud and deception

Sunday, December 04, 2022 by: Ethan Huff
1,930VIEWS



(Natural News) Democrats who were on the dole of crypto scammer Sam Bankman-Fried’s (SBF) FTX and Alameda operations are demanding amnesty for the crook, who they claim simply “had a bad month.”
Following a recent interview in which SBF claimed ignorance about the missing millions of investor dollars, leftists were quick to call for everyone to forgive and forget about the matter while allowing SBF to move on with his life as a free man.
“I didn’t ever try to commit fraud on anyone,” was one of SBF’s many lies throughout the interview.
“I have limited access to data,” was another he told, pretending as though he was shocked, just like everyone else, to learn about the fraud and collapse of his own companies.
“I didn’t knowingly commingle funds,” SBF lied once again when asked who had access to the data if he supposedly did not (Related: SBF was also caught buying off media outlets to publish fake-nice things about him).
SBF pretends to be an innocent good Samaritan: “I’m looking to be helpful anywhere I can with any of the global entities”

Note that SBF’s use of the word knowingly in that admission actually suggests that he did commingle funds – just not on purpose. These little linguistic tricks are used all the time by career criminals like SBF to pull the wool over the public’s eyes.
Regardless of what he claims or does not claim, SBF’s two companies, FTX and Alameda, shared an account at their United States-based banking partner Silvergate. How SBF could not have known about this is, well, impossible.
SBF is trying to claim that this joint account was simply an “accounting mistake,” and that there is a difference between FTX’s audited financials and FTX’s internal dashboards showing Alameda’s positions.
SBF also insists – this is another lie – that he did not actually run Alameda because he would not have had the time or bandwidth to maintain control over the two companies at one time.
“I wasn’t running Alameda,” SBF lied. “I was nervous because of the conflict of interest of being too involved.”
The implication, of course, is that former Alameda CEO Carolina Ellison, whom some media outlets have referred to as SBF’s “girlfriend” – this is also questionable – is the one to blame for the downfall of these criminal operations.
Upon being asked when he supposedly figured out that there was a problem with the two companies, SBF responded with, “November 6.” This is the day that Changpeng Zhao, also known as CZ in the media, publicly tweeted that he was going to liquidate Binance’s holdings of FTT.
It was that this time, SBF claims, that he realized “there was a potential, serious problem there” since Alameda’s position on FTX was huge and had just taken a massive hit.
SBF said, when asked, that his lawyers are not supportive of him speaking about these matters. However, he says he feels has “a duty to talk and to explain what happened.”
“I’m looking to be helpful anywhere I can with any of the global entities,” SBF had the gall to say as if he is some kind of innocent good Samaritan in all this.
In SBF’s version of events, all that happened here was that a risk management problem got out of control. There was no fraud or criminality, he insists, comparing what happened to a “run on the bank.”
“I don’t personally think that I have” criminal liability, SBF would go on to declare.
Modern finance is infested with criminals like SBF. More of the latest can be found at Collapse.news.
Sources include:
Newspunch.com
NaturalNews.com

FTX head Sam Bankman-Fried declared a “pathological liar and a sociopath” for continuing to explain away his outrageous fraud and deception – NaturalNews.com