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Saturday, December 21, 2024

Crooked Bankman-Fried to Speak at NYTimes ‘Summit’ w/ Zelenskyy, Yellen

The trio is especially amusing given the likely connections between the three...

(Jacob Bruns, Headline USA) At an upcoming “summit” to be held by the corporate media hacks at the New York Times, the featured speakers will be a list of world-renowned clowns, including Sam Bankman-Fried, the failed and disgraced CEO of the now bankrupt FTX.

Joining Bankman-Fried at the gathering of world elites will be the Chairwoman of the Federal Reserve, Janet Yellen, alongside Ukraine president and elite actor Volodymyr Zelenskyy, Zero Hedge reported.

The trio is especially amusing given the likely connections between the three. Zelenskyy and Bankman-Fried, in particular, have been connected via Bankman-Fried’s FTX scandal, in which he duped thousands of people out of millions of dollars.

Bankman-Fried is only safe from criminal charges at the moment because it has not been confirmed that he used private client money to build his own hedge fund. If this is found to be the case, as seems likely, he could face decades in federal prison.

Of course, Bankman-Fried has the right connections, especially in the D.C. swamp.

FTX was launched in 2019 and had garnered millions of users by 2022. SBF apparently had plans to give over $1 billion dollars to his preferred leftist political causes in the coming years, before his entire fortune was lost.

But in the midst of massive scandal and ongoing investigations from the Securities and Exchanges Commission and the Department of Justice, culminating in allegations of money laundering and embezzlement, Bankman-Fried has resigned.

Despite his alleged criminal activity and his history of gross misbehavior, the Times is as interested in him as ever, and deemed he a stellar fit to keynote at its lauded summit.

Not only is SBF’s fortune gone, but also the savings of millions who had faith in his company to do the right thing.

He was recently estimated to be worth $23 billion. His net worth has all but evaporated, according to Forbes and Bloomberg, which closely track the net worth of the world’s richest people.

He has since been detained in the Bahamas, where he had attempted to go into hiding after money-laundering accusations were leveled against him.

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