Catching Up With Crypto And The Burgeoning
FTX Scandal
Posted By: earlybird, 11/13/2022 4:11:37 PM
Thanks to commenters like Surviving the Billionaire Wars and Ray So-cal, for pointing out links for the developing FTX scandal. This FTX story may have some legs, although the usual suspects are probably already busy covering the trail. The principle governing this is, again, a simple one. Crypto is a fraud, probably designed as such for special purposes. Therefore, expect fraud almost everywhere you look in that field, and especially when large amounts of money are involved.
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earlybird"
Is there a questionable relationship between Sam Bankman-Fried’s bankrupt FTX, Ukraine, and the Democrats? In the aftermath of the collapse of the cryptocurrency exchange, new questions are being raised surrounding these connections, from crypto partnerships to the billionaire’s contributions to Democrats.
But is there something behind the curtain or was it a group of young people in over their heads?
(snip)
In March, the Ukrainian government established a crypto donations website, allowing Kyiv to convert digital token contributions into fiat money that would be deposited at the National Bank of Ukraine. The Ukraine government maintained a goal of $200 million. By October, it had raised more than $60 million.
Thanks to commenters like Surviving the Billionaire Wars and Ray So-cal, for pointing out links for the developing FTX scandal. This FTX story may have some legs, although the usual suspects are probably already busy covering the trail. The principle governing this is, again, a simple one. Crypto is a fraud, probably designed as such for special purposes. Therefore, expect fraud almost everywhere you look in that field, and especially when large amounts of money are involved.
PHILADELPHIA—Call it “the White Wave.” A flood of white envelopes containing mail-in ballots lofted Democrat candidates to victories in several key Nov. 8 races.
Case in point: Democrat John Fetterman will occupy Pennsylvania’s coveted U.S. Senate seat instead of Republican Dr. Mehmet Oz.
In that race—and several others—mail-in ballots acted as a breaker against the “Red Wave” of wins that Republican leaders had hoped would wash across the nation at a time when Congress and the White House are both Democrat-controlled.
Florida’s fentanyl crisis is a “revolving door of overdose,” a top health official says.
According to Centers for Disease Control data, there were 7,738 reported overdose deaths in Florida between May 2020 to May 2021. From May 2021 to May 2022, that number rose to 7,942. According to Dr. Kenneth Scheppke, Deputy Secretary for Health at the Florida Department of Health (FDH), problems with illicit substances in the United States are nothing new, but they have become far more deadly because of fentanyl.
Fentanyl is a powerful synthetic opioid up to 100 times more potent than morphine. As little as two milligrams, equivalent to five grains of salt, can be fatal.
If I Were The Devil, updated
8 replies
On April 3, 1965, a mere 57 years ago, Paul Harvey gave a commentary on ABC radio entitled, “If I Were The Devil,” in which he laid out Satan’s plan for America. If you have never heard it, I suggest you listen to him as you read this because all of what he said indeed came true. Most men try to figure out what God’s plan is. Harvey worried about what the devil was up to.
If he were the devil, Harvey began, “I’d subvert the churches first (snip) With the wisdom of a serpent, I would whisper to you as I whispered to Eve: ‘Do as you please.’”
Chloe Cole, who was prescribed puberty blockers, cross-sex hormones, and then had her breasts removed when she was 15, says she will sue the medical group and hospital that facilitated the gender transition as a minor she now deeply regrets.
“The adults who were supposed to take care of and guide me as a child failed to do so and they will take responsibility for it,” (snip)
Cole, now 18 years old, and her legal team(snip) sent a letter of intent on Nov. 9 to sue the Permanente Medical Group, (snip) who “performed, supervised, and/or advised transgender hormone therapy and surgical intervention(snip)when she was between 13-17 years old.”
California has long faced criticism for driving away businesses and workers, due to high taxes and prices and tough regulations.
A few high-profile business titans have loudly departed, most notably Tesla and SpaceX Chief Executive Elon Musk, who moved Tesla's headquarters — and himself — to Texas (snip) (though SpaceX remains headquartered in Southern California).
Nonetheless, there are mounting predictions from some economists that the Golden State could soon surpass Germany to become the world's fourth-largest economy.Moving from the world's fifth- to fourth-largest economy would be another step up for California — which would trail only the U.S., China and Japan.(snip) California grew faster than the U.S., on average,
Donald Trump is neither a kingmaker nor the palace’s HR director charged with hiring the next court jester. He didn’t make the Republican Party, and he didn’t destroy her fortunes. And Trump did not downgrade the red tsunami to a splash. The schizophrenic election results that included both Trump-endorsed winners and losers show that.
Like all else in politics, the truth lies somewhere in the middle. (snip)conservatives need to accept the reality that the Democrat Party, Fetterman loyals, faux Republicans, and the corrupt corporate media don’t care: They aren’t going to like us, they won’t represent us fairly, and they aren’t going to vote Republican.
It’s The Big Ugly, and We’re Here
For It 18 replies
For It 18 replies
Perhaps a little focus on the foundation of the issue is in order.
Ever since the professional republican apparatus decided to target, eliminate and destroy the grassroots movement known as the Tea Party, there was always going to come a time when the battle for the heart and soul of the GOP club would take place.
CTH has been calling this battle ‘The Big Ugly‘
(snip) the fight between the grassroots working class base of MAGA voters and the professional political snobs in control of the Republican club .(snip) in 2015 things changed. The voting base found a weapon for use against the Republican Club,
VIRGINIA BEACH, Va.—Instead of a “red wave,” the midterm election results look more like “a red ripple” scenario, with Republicans appearing to be headed to a narrow majority in the House.
And for the three Virginia competitive races generally perceived as national bellwethers for GOP performance, Republicans won one out of the three.(snip)Analysts summarized that the reasons for the Republican underperformance as a combination of inflated expectations, underestimation of the strength of the abortion issue, performance in diverse communities, and the Youngkin and Trump factors.(snip)They [Republicans] watched Fox News that Loudoun is becoming a Republican county. It’s going the other way. It’s a Democratic county.”
House Republican Conference Chairwoman Elise Stefanik (R-N.Y.) has endorsed former President Donald Trump ahead of his widely anticipated 2024 presidential run.
In a statement to The New York Times, Stefanik said she was “proud” to endorse Trump for president in 2024, adding that it is “time for Republicans to unite around the most popular Republican in America who has a proven track record of conservative governance.”
The Dilemma of the Unvaccinated
We Won't Forget. They celebrated our deaths
and danced on our graves 16 replies
We Won't Forget. They celebrated our deaths
and danced on our graves 16 replies
With recent calls for “Pandemic Amnesty” from the groups who destroyed lives and businesses, closed schools, stripped away your freedoms and turned family, friends and neighbors against each other, the unvaccinated and truth tellers find themselves in a pickle.
Morality and civility could argue that we should forgive those who vilified us for choosing medical sovereignty, non-compliance with unconstitutional mandates, and simply questioning the narrative, but it’s not that simple. Some “pro-vaxers” may have been legitimately uniformed or scared to blindly follow health guidelines and government mandates without question. But the mob mentality to demonize the unvaccinated and gaslight society into thinking we were the problem crossed a potentially unforgivable line.
Most Active Articles (last 48 hours)
Mike Pence has admitted he was angry at Donald Trump when the then-president accused him of cowardice and set the mob on him on January 6, describing Trump's actions as 'reckless'.
Pence, who served as Trump's vice president, told ABC News in his first television interview since the riot that Trump 'decided to be part of the problem'.
On January 6 Pence, who refused Trump's demands to overturn the 2020 election, was inside the Capitol when it was breached. The mob erected a gallows with a noose outside the building, and Pence was at one point only 40 feet from the invaders.
Democrat Katie Hobbs defeats MAGA favorite
Kari Lake in high-stakes race for governor
in Arizona 35 replies
Kari Lake in high-stakes race for governor
in Arizona 35 replies
Democratic Secretary of State Katie Hobbs has defeated Republican Kari Lake in Arizona's race for governor, NBC News projected Monday.
Hobbs' victory is key for Democrats in a presidential battleground and a rebuke to a prominent election denier — though the closeness of the contest left the result up in the air for nearly a week. A record number of early ballots were dropped off on Election Day in Maricopa County, officials said, which had to be processed in a more time-intensive manner that includes signature verification. Maricopa County, the state's most populous, said Sunday that it estimated that its count was 94 percent complete after receiving a historic 290,000
Former Vice President Mike Pence said there will be 'better choices' than Donald Trump running in 2024 but insisted the final decision was up to the American people during a clip of his ABC News interview that aired on Monday evening.
Pence's conversation with the network aired just a day before Trump is expected to launch a third campaign for the White House.
Allies have openly pleaded with the former president to hold off until the makeup of next year's Congress is fully decided next month, on the heels of a poor midterm election performance by Republicans.
Senate Majority Leader Chuck Schumer (D-NY) said Monday on CNN’s “This Morning” that he was meeting with Senat Minority Leader Mitch McConnell (R-KY) in the wake of midterm election results to convince Republican senators to ditch so-called “MAGA Republicans.”
Co-host Kaitlan Collins said, “Are you going to talk to Mitch McConnell? What does that look like?”
Schumer said, “I’m going to say to the Republicans in the Senate who are not the MAGA Republicans, stop letting them lead your party. Work with us to get things done. I intend to sit down with Mitch McConnell and express that.”
The United States' men's national team have made a huge statement at the World Cup in Qatar by redesigning their crest to incorporate the rainbow flag, in a bid to show solidarity with the LGBTQ+ community.
The tournament, which starts on Sunday and sees the US play their opener against Wales on Monday, has been hugely controversial in its build-up, given Qatar's human rights record and attitude to homosexuality.
As recently as this month, a Qatar World Cup ambassador told a German TV broadcaster that homosexuality was 'damage to the mind', and it remains illegal to be gay in the conservative Muslim country.
At this point, we at RedState (and many, many other outlets) have spilled all sorts of digital ink on the state of the national GOP leadership and all the faults and flaws they have. Mitch McConnell’s lack of agenda and the way his Senate Leadership Fund spent money. Rick Scott’s NRSC and their money and strategy problems. Trump’s involvement, choice of candidates, and lack of spending.
The quality of candidates overall.
It’s all a series of negatives that have absolutely hurt the Republican Party’s chances of taking the Senate and will make their possible majority in the House way more narrow than originally hoped for. And
On Tuesday morning, The Gateway Pundit reported that when polls opened in Maricopa County at 6 am on Election Day, voters were told that the tabulators were not working. This was happening across Maricopa County and resulted in long lines and voters being told to go to another location to vote.
Katie Hobbs is the current Secretary of State in charge of elections.
Instead of tabulating their ballot directly, voters were also told to put their ballot into a box under the tabulator so that their ballot may be tabulated at a later time
US President Joe Biden and Chinese counterpart Xi Jinping shook hands at the start of their high-stakes summit in Bali, Indonesia on Tuesday.
Biden and Xi are among the heads of state attending the G20 summit in Bali, Indonesia, from November 15 to 16. Having met multiple times as vice presidents of their respective countries, their meeting on the sidelines of the event is their first in person as leaders.
Footage showed the two presidents greeting one another in front of the international press, posing for photographs inside a conference room before sitting down across from each other with large entourages of interpreters and senior advisers.
We’re now in the midst of intense generational warfare, as ambitious upstarts seek to push out their elders. It’s not the first time that’s happened. The pathbreaking feminist Betty Friedan, at age 67, once told me that she found the age mystique presented a more formidable bias than the feminine mystique. But surely, regardless of ideology or politics, few doubt that Speaker Nancy Pelosi, at age 82, is still at the top of her game, or believe that they could outfox 80-year-old Senate Minority Leader Mitch McConnell. History is rife with instances of extraordinary individuals succeeding well into old age.
Old Joe Biden, the ostensible president of the United States, on Wednesday held one of his Potemkin press conferences before the gathering of sycophants and propagandists known as the White House press corps. When a reporter said that Trump’s movement was “still very strong,” Biden laughed derisively and said, “Oh yeah?” He added, “Well, we just have to demonstrate that he will not take power by — if we — if he does run. I’m making sure he, under legitimate efforts of our Constitution, does not become the next President again.” How can he make sure of that? He didn’t say, and of course the sycophants didn’t ask.
Consultant reveals sleazy plan to get
around voters, instill Gavin Newsom as
POTUS: ‘Can’t miss!’ 19 replies
around voters, instill Gavin Newsom as
POTUS: ‘Can’t miss!’ 19 replies
The Hill is out with a column from an apparent left-winger who’s proposed that President Joe Biden make California Gov. Gavin Newsom the president.
According to Douglas MacKinnon, a political and communications consultant who worked in the Reagan, H.W. Bush, and Bush administrations, all it’d take is for Biden to pull off some bizarre, potentially unconstitutional shenanigans.
“In one scenario, Biden could ask [Vice President Kamala] Harris to resign and replace her with Newsom, who then becomes the heir apparent for 2024.
NEW YORK — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire.
Now the comments about the 30-year-old Bankman-Fried range from bemused to hostile after FTX filed for bankruptcy protection Friday, leaving his investors and customers feeling duped and many others in the crypto world fearing the repercussions. Bankman-Fried himself could face civil or criminal charges.
"I've known him for a number of years and what just happened is just shocking," said Jeremy Allaire, the co-founder and CEO of cryptocurrency company Circle.
Comments:
I freely admit that I haven’t the foggiest notiion what crypto is all about. Zip. Nada. But when huge amounts of real money are involved, I perk up my eyes and ears. That is what this is about.