Thread: FTX was HEAVY into funding vaccine research, biotech engineering and other globalist

FTX victims sue YouTubers who promoted now-failed cryptocurrency exchange for $1 billion

Sunday, March 26, 2023 by: Ethan Huff
Tags: Ben Armstrong, Brian Jung, celebrity endorsers, Collapse, crypto, cryptocurrency, currency, finance, FTX, hucksters, Jeremy Lefebvre, Kevin Paffrath, lawsuit, ponzi, risk, SBF, scam, sham, shills, tom brady, Tom Nash, YouTube

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(Natural News) Victims who lost money following the collapse of FTX are suing finance YouTubers who promoted the now-failed cryptocurrency exchange, which was run by disgraced CEO and left-wing megadonor Sam Bankman-Fried (SBF).
According to reports, the plaintiffs are seeking $1 billion in damages in a class-action suit against these social media “influencers” who peddled the toxic company and its products to the unsuspecting masses.
One such influencer was former NFL quarterback Tom Brady, who appeared both online and on television hawking FTX as a solid investment tool. Brady, along with Madonna and Gwyneth Paltrow, is the subject of other similar lawsuits aimed at FTX promoters.
For the purposes of this lawsuit, online financial gurus who are believed to have been paid to promote FTX are the subjects of plaintiffs’ demands for restitution. All in all, some $8 billion was lost in the collapse of FTX, which left some investors destitute.
“The plaintiffs, from the U.S., Canada, the U.K. and Australia, are seeking more than $1 billion in damages from the YouTubers and an influencer agency, alleging that the ‘defendants did not disclose the nature and scope of their sponsorships and/or endorsement deals, payments and compensation, nor conduct adequate (if any) due diligence,'” one report explained.
“The lawsuit claims that the influencers played a ‘major role’ in the FTX scandal and names seven plaintiffs who invested in FTX Yield Bearing Accounts. It also alleges that without their support and ‘hype,’ the cryptocurrency platform would not have reached such heights. It adds that influencers took ‘undisclosed payments ranging from tens of thousands of dollars to multimillion-dollar bribes.'”
Before its collapse, FTX was secretly funding research to discredit ivermectin as a viable remedy for the Wuhan coronavirus (COVID-19).
Should social media influencers be held responsible for leading people astray into bad investments?

Among the names listed as defendants in the suit are YouTubers Graham Stephan, Andrei Jikh, Jaspreet Singh of “Minority Mindset,” Brian Jung, Jeremy Lefebvre, Tom Nash, Ben Armstrong and Kevin Paffrath, who currently has 1.87 million subscribers on his channel “Meet Kevin.” Creators Agency and its founder Erika Kullberg are also listed as defendants.
Some of these people have already denied the allegations, including Armstrong who told the news outlet Decrypt that he has never spoken with anyone at FTX or as a marketing agent acting on their behalf. “The allegations against me are 100 percent false and it will be extremely easy to provide evidence of this,” he said.
Paffrath posted a video called “Being Sued” in which he called SBF the “most obvious criminal” while sympathizing with those who lost money from the scam. On Twitter, Paffrath blasted the attorney who took on the case, calling them “weenie-baby attorneys.”
“People need to put their big boy pants on and realize the Realtor who refers you an electrician does not guarantee the work of that electrician (FTX). Anyone finger-pointing is also a weenie.”
In other words, Paffrath does not believe he holds any responsibility in promoting the fraudulent crypto coin and exchange, even though it ended up costing some people their entire lives for following his promotions.
The lawyer for the plaintiffs is Adam Moskowitz, the same guy who filed suits on behalf of FTX losers against Brady, Brady’s ex-wife and supermodel Gisele Bündchen and nine other celebrities.
“You have very rich people we all love telling us that they checked this out, and it was okay. Why shouldn’t they be held responsible?” Moskowitz stated in an interview. “It seemed like a lot of investors were getting hurt and no one was really looking out for them.”
The storm is arriving. To keep up with the latest, visit Collapse.news.
Sources for this article include:
Breitbart.com
NaturalNews.com

FTX victims sue YouTubers who promoted now-failed cryptocurrency exchange for $1 billion – NaturalNews.com

WHELP, Kazarian Mafia is gonna Kazarian Mafia. It's what they do



DEVELOPING: Crypto Scammer Sam Bankman-Fried Jailed Over Witness Tampering

Sam Bankman-Fried, serving 25-year sentence, faces a skeptical appeals court as his lawyers ask for a retrial

Story by jshamsian@businessinsider.com (Jacob Shamsian)Nov 04 • 4 min read • Updated 2h ago



The former FTX chief posted on the platform after more than two years. ANGELA WEISS/AFP via Getty Images© ANGELA WEISS/AFP via Getty Images

• An appeals court on Tuesday weighed whether Sam Bankman-Fried had a fair trial.
• The FTX founder was sentenced to 25 years after a jury found him guilty of an $11 billion fraud.
• His lawyers said he should get a new trial after prosecutors unfairly previewed his testimony.

When Sam Bankman-Fried prepared to testify in his own criminal trial, things didn't go according to plan.
Bankman-Fried wanted to tell jurors his side of the story. Part of that story, in his view, was that he received advice from company lawyers that made him think everything he did was OK.
US District Judge Lewis Kaplan, who oversaw Bankman-Fried's 2023 criminal trial, wasn't so sure. The judge had Bankman-Fried testify in court without a jury and allowed prosecutors to cross-examine him. Afterward, the judge ruled that the purported advice he got from lawyers was irrelevant to the case and would only confuse jurors.
Bankman-Fried still testified for the jury the following day, but he wasn't allowed to talk about everything he wanted to.
On Tuesday morning, a panel of three judges on the Second Circuit Court of Appeals heard oral arguments that focused on whether one of crypto's most notorious figures was deprived of a fair trial.
Bankman-Fried's parents followed the arguments from their seats in the courtroom gallery. As the judges asked skeptical questions to his lawyer Alexandra Shapiro, Joe Bankman looked down at his striped blue tie and frowned. With shaking hands, Barbara Fried turned her glasses in her fingers and opened and closed its red temples.
Two of the three judges — Barrington Parker, Jr., and Maria Kahn — appeared skeptical that Bankman-Fried's trial lawyers could have mustered up any relevant evidence that would have changed the outcome.
"It may not have been a perfect trial," Parker, Jr. told Shapiro. But, the judge said, there was "robust evidence" against Bankman-Fried. Would testimony about potential customer recovery or purported input from lawyers have made a difference?
"These are arguments for the jury to weigh," Shapiro told the judges. "They should not be taken away from the jury."
SBF's limited trial defenses

At his trial, held across the street from Tuesday's appeals court hearing, jurors convicted the FTX cofounder and former CEO of eight criminal counts, for several varieties of fraud and money laundering. Kaplan sentenced Bankman-Fried to 25 years in prison.
According to prosecutors, Bankman-Fried orchestrated an $11 billion fraud scheme. He took money belonging to depositors of FTX, his cryptocurrency exchange, and commingled it with Alameda Research, his hedge fund.

Bankman-Fried and his co-conspirators used that money for advertising, investments, luxurious Bahamas real estate, and political donations — all while misleading investors and lenders about where the funds were going.
In the Tuesday hearing, Shapiro said the trial was "asymmetrical." She said prosecutors were able to tell jurors that the money from the collapse of FTX was gone forever, while his defense team wasn't able to tell them it could be recovered. At the trial, Kaplan forbade Bankman-Fried's lawyers from arguing that FTX was solvent and that depositors would get all their money back.
"Mr. Bankman-Fried's trial was fundamentally unfair because the jury got to hear only one side of the story, the prosecution's side, which was demonstrably false."
Bankman-Fried's lawyers couldn't tell jurors what they argued in court papers, which was that Bankman-Fried's investments were just that — investments, not theft.
In particular, FTX made a $500 million investment in the now-red-hot artificial intelligence company Anthropic. That 8% stake would be worth more than $14.6 billion today. (FTX's bankruptcy attorneys sold the Anthropic holdings at lower valuations to repay creditors.)
Bankman-Fried failed at risk management, not because he was a criminal fraudster, his lawyers said.



Defense lawyer Alexandra Shapiro makes oral arguments before United States Circuit Judges for the U.S. Court of Appeals for the Second Circuit Barington D. Parker Jr., Eunice C. Lee and Maria Araujo Kahn during former cryptocurrency executive Sam Bankman-Fried's appeal of his fraud conviction in New York City, U.S., November 4, 2025 in a courtroom sketch. Jane Rosenberg/Reuters© Jane Rosenberg/Reuters

Shapiro, in the appeal, took issue with the preview hearing Kaplan ordered. She described it as a "deposition" and said it was "unprecedented."
"The government had obtained a free preview of Bankman-Fried's testimony, and a free practice session to better cross him when he testified before the jury," she wrote in her appeal brief.
Much of Tuesday's oral arguments focused on Kaplan's ruling following the hearing, which barred Bankman-Fried from testifying about lawyers helping establish the FTX subsidiaries that prosecutors later said facilitated the fraud. According to Shapiro, Bankman-Fried could have pointed to their presence to argue to the jury that he was doing everything in good faith.
Parker appeared skeptical that the "not-guilty verdicts would have rolled in" if Bankman-Fried was able to tell that story to jurors.
"The fact that an attorney drafted an agreement between subsidiaries — tell me what that has to do with any of the charges here?" he asked.

Shapiro urged him to "look at the whole picture" in the case.
"I'm trying very hard to," Barrington responded, to some laughter in the courtroom.
Prosecutors said in their appeal brief that Bankman-Fried's trial was fair. While his preview hearing may have been unprecedented, "the absence of precedent cannot establish plain error," they wrote.
In fact, the practice might have even helped him, they said.
"It is equally plausible that Bankman-Fried benefited from first testifying outside the presence of the jury — in his trial testimony, he avoided the long-winded answers that had come across as evasive, and abandoned certain assertions that fell apart on the stand," they wrote in the brief.
Assistant US Attorney Nathan Rehn — who, like Shapiro, clerked for former Supreme Court Justice Ruth Bader Ginsburg — asked the judges not to disturb the conviction.
All three judges, however, appeared to take issue with the $11 billion in forfeiture Kaplan required as part of Bankman-Fried's sentence, which would remain in effect after FTX's bankruptcy proceedings are over. Eunice Lee, one of the judges on Tuesday's panel, asked whether such a titanic number had a "penal justification."
Bankman-Fried's parents both declined to comment following Tuesday's hearing.
Bankman-Fried is serving his sentence at FCI Terminal Island, a low-security prison in the Los Angeles area, while fishing for a pardon from President Donald Trump.
This story has been updated.

Sam Bankman-Fried, serving 25-year sentence, faces a skeptical appeals court as his lawyers ask for a retrial

WHELP, Kazarian Mafia is gonna Kazarian Mafia. It's what they do



DEVELOPING: Crypto Scammer Sam Bankman-Fried Jailed Over Witness Tampering

Sam Bankman-Fried 'Absolutely' Wants A Presidential Pardon

Monday, Jun 08, 2026 - 04:40 PM

From inside a federal prison cell, disgraced crypto mogul Sam Bankman-Fried is making a direct bid for a White House lifeline. In a phone interview with FOX Business, the former FTX founder said he "absolutely" wants a presidential pardon from President Donald Trump.



"Absolutely. It would be obviously, you know, ultimately up to the president, not up to me," he said.

Bankman-Fried declined to confirm whether his family is currently lobbying the administration on his behalf, saying only, "I can't speak for them."

In March 2024, Bankman-Fried was sentenced to 25 years in prison after being convicted on two counts of wire fraud and five counts of conspiracy. The court found that the November 2022 collapse of his crypto empire resulted in approximately $8 billion in losses for FTX customers, $1.7 billion for equity investors, and $1.3 billion for lenders to Alameda Research.

Key Development Today: Bankman-Fried has formally submitted a presidential pardon application through the Department of Justice's Office of the Pardon Attorney.

Bankman-Fried Defends His Case
Despite his conviction, Bankman-Fried continued to argue that the prosecution was unjust, citing the recovery in cryptocurrency markets that has allowed the bankruptcy estate to repay customers more than they originally lost.

"I didn't steal user funds either. Customers have been repaid now 170% or so on their deposits. It's one of the very few cases where the platform was over-collateralized, where customers were more than made whole. And yet there was, you know, not just a criminal investigation, but a prosecution. And, you know, dozens of years of sentence[s]." -SBF

He added that it is "a great disservice" to customers that it has taken three years for them to be repaid nearly twice what they had on the platform.

Regrets Missing the AI Boom, Praises Musk
When asked about his fear of missing out on major technological developments, SBF expressed frustration at being unable to participate from prison.

"It's a concern I have. You know, there's a lot that I did try and position... I'd certainly much rather be, you know, able to help that out from the outside than in here where there's very little I can do."

He then praised Elon Musk and SpaceX, saying the company has "extremely large potential" and noting parallels with how few companies are positioned to play a major role in the space industry.

Today's interview is the latest in a months-long effort by Bankman-Fried to secure clemency. He has posted pro-Trump messages via prison-approved proxies and his parents have previously explored clemency options with lawyers connected to the Trump orbit.

For example, back in March...

The current spike only highlights how much oil prices have lowered under @realDonaldTrump.
Trump (2017-2020): $58
Biden (2021-2024): $83
Trump (2025): $68

Average price over the whole of 2022: $99
Price yesterday: $100

Calm down.
— SBF (@SBF_FTX) March 14, 2026

While President Trump has granted clemency to other crypto figures, including Binance's Changpeng Zhao, he previously told The New York Times he does not plan to pardon Bankman-Fried. Some members of Congress and voices in the crypto industry have urged him to deny the request.

Sam Bankman-Fried 'Absolutely' Wants A Presidential Pardon | ZeroHedge

As I recall the news on Sam Bankman-Fried, he and his girlfriend established a commune-type living situation with an unconventional "dating" scene ...

There were other sordid details published including how they "managed" money (from investors) WITHOUT using standard financial practices ... in other words, they just spent and didn't keep records!

It was truly a mess.

So why not give him a Presidential Pardon?!?!