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LOOKS LIKE THE BANKMAN IS FINALLY FRIED
FULL STORY
Call me a conspiracy theorist but …was he indicted so he wouldn’t Testify …
Before his arrest was announced, Bankman-Fried had been expected to testify virtually before the House Financial Services Committee on Tuesday. His arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.
Earlier today it was announced that he was refusing to participate in the House Financial Services Committee on Tuesday. They had previously stated that they preferred him testifying voluntarily but would subpoena him if necessary.
BTW – someone in one of the blogs today said something about the $75M he gave in donations to Democrat candidates could be “clawed back” due to the fraudulent nature of the gifts. This may or may not be true but if anyone sees a real article discussing same — please post for clarification. Thx
FTX Bankruptcy Puts $73 Million In Political Donations At Risk Of Clawbacks https://t.co/1vVKC5k5EM
https://www.zerohedge.com/crypto/sam-bankman-fried-arrested-bahamas-set-prompt-extradition
How could they not arrest him? They’ll stretch this out until people lose interest, and then treat him very gently. Exceptionally punchable face, I must say!
Armstrong blog;
He will be held at MCC, the same dungeon in which Jeffrey Epstein supposedly committed suicide. WIth his connections with all the Democrats, this is going to be interesting to see if he too suddenly commits suicide.
Pass the Popcorn
I believe you are on target. The arrest is to keep him from spilling the beans. They will either cut some sort of deal or more likely he will drop dead suddenly. They need to find out what evidence he may have on the politicians he bought and if he was smart enough to have a dead man switch where it all gets released if he dies.