And…
Prior to getting appointed to the SEC, @GaryGensler was a Professor for the Practice of Global Economics & Management at @MIT…
So essentially:
Gary 🤝 Glenn 🤯
@readDanwrite @fintechfrank @mdudas @TheBlock__ @Timccopeland @CoinDesk @pete_rizzo_ @AutismCapital @Cointelegraph
FTX launched 13 days after Biden announced campaign
Impeccable timing for the rise of @FTX_Official, just in time to be the 2nd largest donor to @JoeBiden.
@SBF_FTX was an @MIT grad, where @carolinecapital’s dad worked
And @carolinecapital was a @Stanford grad, where @SBF_FTX’s mom & dad worked
Caroline’s advice for college is: “classes don’t matter that much, friends & networking are really important”
thetigerinsidercom.wordpress.com/2018/09/29/col…
College is Pretty Great-Caroline Ellison ’12
Caroline Ellison graduated from North in 2012. She won numerous math awards, like placing top 10 at the Harvard MIT math competition and receiving an honorable mention from Math Prize, in addition …
https://thetigerinsidercom.wordpress.com/2018/09/29/college-is-pretty-great-caroline-ellison-12/
$OXY token is down from $4 to $0.03 since going public.
Their core team consists of BIG banks like @GoldmanSachs, @Barclays, @jpmorgan @BankofAmerica with @FTX_Official and @AlamedaResearch as top partners.
@SBF_FTX’s brother, Gabe Bankman-Fried (also a former Jane Street trader), is founder of “Guarding Against Pandemics”
He was a Legislative Correspondent for the US House of Representatives and an advisor to large political donors in the Democrat party.
Auntie Linda has been Dean of @Columbia Mailman School of Public Health since 2008. She created the first ever US college program focused on “Climate & Health”
She also happens to be a member of the @wef’s Global Agenda Council on Aging
c-span.org/video/?c504029…
Amy later launched a school in Sierra Leone before heading to @_Curinos to mingle with retail banks
Before venturing into crypto, she was CFO at @Discovery
Singh has spent ~$8M on pro-Democrat campaign contributions.
The @MIT graduate now spends his time traveling the world and enjoying his new boat.
They were all involved in a web of romantic relationships.
It starting to sound like an FTX-funded meth orgy was happening in the Bahamas…
yahoo.com/now/bankman-fr…
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity.
https://www.yahoo.com/now/bankman-fried-cabal-roommates-bahamas-220000971.html
Mark became the CFTC Commissioner in 2011 working alongside chairman @GaryGensler
In 2013 Mark became acting CFTC chairman upon Gary’s departure
He was later hired by FTX US as Head of Policy & Regulation
Incredibly convenient
coindesk.com/business/2021/…
FTX US Hires Former CFTC Commissioner as Head of Policy and Regulation
Mark Wetjen will be responsible for the exchange’s communications with U.S. regulatory and legislative bodies such as the CFTC and the SEC.
https://www.coindesk.com/business/2021/11/02/ftx-us-hires-former-cftc-commissioner-as-head-of-policy-and-regulation/
It’s looking more likely there was a serious money laundering op going on, sending $$$ from FTX to Democrats under the guise of altruism
cnbc.com/amp/2022/05/24…
Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election
Democratic cryptocurrency exchange founder Sam Bankman-Fried says he expects to spend “north of $100 million” in 2024, with “soft ceiling” of $1 billion.
https://www.cnbc.com/amp/2022/05/24/crypto-billionaire-says-he-could-spend-a-record-breaking-1-billion-in-2024-election.html
Unlike @AlamedaTrabucco, Sam Bankman-Fried said he doesn’t want a yacht.
According to this @USATODAY article, @SBF_FTX donated $50M last year, including to “Pandemic Relief & Climate Initiatives”.
The goal was to rope in as many retail investors as possible using pro sports & star athletes
An estimated ~$30M was spent on a Super Bowl ad with Larry David
Gary is co-founder & CTO of FTX (architect of $FTT), but is hardly ever seen, with very little info about him online.
He graduated from @MIT, worked at @Google & was crowned the wealthiest person under 30
Anyways, let’s take a look at @FTX_Official’s legal team.
@_Ryne_Miller is former CFTC attorney for @GaryGensler, now General Counsel for FTX.
Trevor Levine, is now Senior Counsel for FTX, formerly a contract attorney for @TheJusticeDept
Former Enron Chairman & bankruptcy pro, John J. Ray III
John also served as a Senior Managing Director at @GreylockVC among many other things chicagotribune.com/news/ct-xpm-20…
24 hours later FTX US, @FTX_Official, @AlamedaResearch and 130 other affiliated companies have filed for Chapter 11 Bankruptcy in the US.
According to @LinkedIn, LedgerX CEO & Co-Founder, @zachdex, was on the CFTC Technology Advisory Committee from 2018-2020
CFTC approved LedgerX to be a futures clearing house in 2020
finance.yahoo.com/video/ledgerx-…
LedgerX CEO on Acquisition by FTX.US in Bid for U.S. Crypto Derivatives
Zach Dexter, co-founder and CEO of LedgerX, discusses what’s next for his crypto derivatives firm as it readies to become a wholly-owned subsidiary of Sam Bankman-Fried’s FTX.US by October. Plus, insi…
https://finance.yahoo.com/video/ledgerx-ceo-acquisition-ftx-us-135100652.html
& @GCRClassic, Alameda/FTX played the role of OTC counterparty for large futures bets on Donald Trump winning the 2024 US Presidential election.
A draft of an FTX asset log shared by @minigrogu shows $7.3M of assets tied up in “Trump to Lose” bets.
@wikileaks released an FBI doc outlining pedophile symbolism
The BLogo is eerily reminiscent of @AlamedaResearch’s logo
Remember we’re talking about 10 well-connected youngins fucking each other in a Caribbean penthouse (and Alameda CEO looks 12)
Head of Product at FTX was @Stanford graduate @ramnikarora.
Before @FTX_Official, Ramnik was at @facebook working as a Research Scientist for the Libra Blockchain project
Prior to Facebook, Ramnik was trading at @GoldmanSachs
Sina was responsible for the sponsorship deals that garnered massive attention & roped in retail
Prior to FTX, Sina was @RobinhoodApp’s first Head of Crypto
He started his banking career at @MorganStanley later joining @CreditSuisse
Ukraine Govt then announced a partnership with FTX to launch a crypto donations website, converting crypto into fiat at the National Bank of Ukraine
Like many, Brett came from @JaneStreetGroup where he was Head of Trading Systems Tech for 7 years
Brett then went on to Ken Griffin’s @citsecurities where he was Head of Semi-Systematic Tech during the Great @GameStop Short Squeeze
At the time Senior Couselor, Amanda was appointed Chief of Staff on Monday
@BrettHarrison88 left @FTX_Official less than 2 months ago (incredibly convenient timing)
5 days before Brett stepped down from President of FTX US, he announced a strategic partnership with @GameStop
The article stated: “a new report from @AlamedaResearch reveals a clever set of tricks used by crypto exchanges to fabricate volume”
MacAskill tells Elon that Sam has interest in buying Twitter and “making it better for the world”
Grimes seems pushy for an investment.
Scaramucci / Skybridge is a big advocate and investor in @Algorand, a PoS cryptocurrency network created by @MIT faculty member @silviomicali in 2017
Since joining the SEC, @GaryGensler has been critical of other PoS blockchain networks
Prior to her time at FTX, @Constance_FTX was a risk manager for @CreditSuisse and worked on private banking AML
It’s safe to say, Constance did a TERRIBLE job of managing risk at @FTX_Official
An off-record panel was held featuring former US Pres. @BillClinton, Former UK PM Tony Blair & @SBF_FTX
Other notable speakers @TomBrady & @giseleofficial had $650M tied up in FTX
Some folks believe it’s a hack or an insider attempting to make a move.
Could just be part of bankruptcy proceedings…
This story is developing.
@_Ryne_Miller just shared a tweet saying they are investigating the abnormalities with wallet movements related to consolidation of FTX balances across exchanges
Chief Regulatory Officer Dan Friedberg was embroiled in a major scandal with Ultimate Bet Poker
Friedberg was caught on tape talking his client through the process of lying after the client admitted to robbing over $50M from players
A story to keep in mind as hundreds of millions of dollars is currently being drained from @FTX_Official wallets. highstakesdb.com/news/high-stak…
Ultimate Bet Scandal Lawyer Daniel Friedberg at Cent…
The poker world was shocked to learn that one of the main players in the FTX crypto crash is none other than Daniel Friedberg
https://highstakesdb.com/news/high-stakes-reports/ultimate-bet-scandal-lawyer-daniel-friedberg-at-centre-of-ftx-crypto-crash
3 months later, Zhu said the same team came back to launch an ICO for “a @BitMEX competitor”
They sent a FTT & FTX pitch
It all felt scammy to @zhusu
@HuobiGlobal shared a message from FTX administrator on Telegram confirming @FTX_Official has been hacked.
AVOID ALL FTX APPS & SITES
The Gary Wang @github account was active today…
I wonder what Gary was up to…
github.com/garywang
Ryne says “all digital assets” were moved to cold storage.
Not a hack after all? 🤨
What is going on…
(Ryne clearly wasn’t aware, originally)
The “back door” was used to send $10 Billion from @FTX_Official to @AlamedaResearch without triggering red flags on the books
Employees at @FTX_Official were encouraged to use stimulants to be productive and were given sleeping pills if needed to sleep
In this tweet from Sept. 2019, @SBF replies to @TheCryptoDog with advice not to leave the office
Ryan began at @EYnews. He then traded OTC at @circle before trading OTC at @AlamedaResearch from Nov. 2019 to Aug. 2021.
Earlier this year, he became a restauranteur with the launch of lenoxeats.com in Lenox, Massachusetts
He spent $13.4M on primaries in the name of “Pandemic Preparedness” & facilitated a $1.5M donation from FTX Digital Markets to Bahamas Govt. for COVID-19
Michelle was Senior Counsel for SEC during Obama presidency, then became Head of Global Regulatory/Policy at @Bloomberg
messengerpapers.com/2022/08/soros-…
Bond is a ‘Double Agent Backed by Dem Money,’ says Local Party Officials – Messenger Papers
Ryan Salame, the live-in boyfriend of Michelle Bond and co-CEO of FTX, has rallied his crypto-billions behind his girlfriend’s Congressional campaign. Some local voters have claimed this is a shameful…
https://messengerpapers.com/2022/08/soros-successor-looking-to-take-zeldins-seat/
Glenn writes Math textbooks used in elementary/middle school curriculums
@MIT article re: textbooks says Glenn was coach of @carolinecapital’s school Math Team
shass.mit.edu/news/news-2013…
The MIT Digital Currency Initiative was created in 2015 by Joi Ito, former Director of MIT’s Media Lab
MIT’s Media Lab was directly funded by Jeffrey Epstein (and @BillGates), forcing Joi Ito to resign amidst the scandal.
How an Élite University Research Center Concealed Its Relationship with Jeffrey Epstein
New documents show that the M.I.T. Media Lab was aware of Epstein’s status as a convicted sex offender, and that Epstein directed contributions to the lab far exceeding the amounts M.I.T. has publicly…
https://www.newyorker.com/news/news-desk/how-an-elite-university-research-center-concealed-its-relationship-with-jeffrey-epstein
Member @katie_haun had an extensive career at @TheJusticeDept before becoming a Partner at @a16z
During her time at the @TheJusticeDept Katie was once told to “Take Down Bitcoin” & monitored all major tax litigation
She goes on to say that she has known @SBF_FTX since he was a child.
The firm is loaded with former Biden/Clinton/Google/FB staffers (like @katie_haun herself) & is heavily focused on ushering in a new era of cryptocurrency regulations
Securrency, HQ’d in DC, was founded back in 2015 by Dan Doney, former @MIT grad & CIO at @DefenseIntel
Dan won an award for “top government change agent” a year before launching Securrency, a company focused on RegTech
Michelle has been an Advisor to @Securrency since 2019 (the year FTX launched) 👀
She is currently CEO of @DigAssetMarkets and is the former Global Head of Govt Relations at @Ripple
FTX spent $74M this year on various properties
$68M went to entities surrounding a luxury condo resort
theblock.co/post/186386/ft…
Enron John says FTX is still securing assets and confirms unauthorized transactions occurred last night
Ray says they are working with law enforcement.
Ex-President of @MITBitcoinClub, @metalicjames does CBDC research for @BostonFed
James graduated from @MIT & later worked for the MIT Media Lab
He’s been at the Federal Reserve for 4 years working on Project Hamilton (CBDC for US)
@SCBgov_bs made a statement today stating FTX did NOT have authorization to withdraw those funds
The FTX tweet was a lie
Caroline shared a rather FTX-favorable tweet with a photo of the three.
She later deleted the tweet after being accused of cozying up
It wasn’t just Republicans that were upset about it.
Rival Democrats running against @SBF_FTX-funded candidates filed election complaints, including @mattdwest against @CarrickFlynnOR in Oregon.
Carrick’s wife worked at Effective Altruism foundation, while @SBF_FTX was a Director in 2017.
@SBF_FTX’s brother, Gabe, is also a BIG fan of Carrick’s views on pandemics
She literally had a kink for powerful government officials 🧐
Account is no longer active, but when searching Google, the title appears: “Fake Charity Nerd Girl”
The raise was a 50/50 split between @dust_labs equity and $DUST token, effectively giving FTX ownership stake in the @DeGodsNFT ecosystem.
Jon was brought on to “leverage his relationships in the hedge fund community”
Skybridge was founded by disgraced @WhiteHouse Comms Director & former @GoldmanSachs banker @Scaramucci
@FTX_Official has 30% ownership stake of @SkyBridge
Michael Kives (extremely connected)
@voguemagazine says Kives began his career working closely w/ the Clintons before heading to @caafoundation, top Hollywood agency
Kives left CAA in 2018 to create K5 a firm that received $300M from @FTX_Official
Inside Lydia and Michael Kives’s California Cool Wedding at the Parker in Palm Springs
Katy Perry, Sia, and Ellie Goulding performed, and the Clintons toasted the couple. “Michael does everything big, and if this were exclusively up to him, we would have had a 1,000-person wedding with …
https://www.vogue.com/article/michael-kives-lydia-gray-wedding-palm-springs
He has represented folks like @katyperry, @jessicaalba, @Schwarzenegger and Warren Buffet, among MANY others
K5 is heavily invested in @elonmusk’s @SpaceX & @boringcompany
Lewis compares SBF & @cz_binance to “Luke Skywalker & Darth Vader”
CAA bio: “harnesses power & reach of entertainment industry to create positive social change”
Yesterday, Mario made a tweet with a video from Hunter Biden, claiming to be an artist & saying he will be on Mario’s show
Unsure if the Twitter Space will still occur.
@HashBastardsNFT recently wrote a thread with some background information on Mario and his company @ibcgroupio
Read here:
Unsure how Chapter 11 will effect
Assets stuck on FTX:
~$1M USD
~3.24M $FTT
~134.54M $SRM
~3.24M Shares of FTX Trading LTD
FTX/Alameda was BIG SOL buyer
solana.com/news/solana-fa…
The whiz kid says he’s been spending months in Bahamas at FTX HQ
As part of the team he would be building out @xNFT_Backpack with @0xCoral
Gajesh previously held a position as intern at @solana
K5 also participated…
Remember Kives?
Backpack is a wallet for “xNFTs”, which act as gateways to other apps
@FortuneMagazine called it “an iPhone launch moment for Web3”
Article released outlines downfall
Caroline blamed collapse on using user funds to pay off loans taken for VC investments
SBF says cryptic tweets are planned🧐
David took a trip down to the Bahamas in May to write a puff piece on SBF
@yaffebellany is also seen shining negative light on other (actually solvent) exchanges like @krakenfx for @jespow’s views
Aug 2022, Salame gave $2.5M to Senate Leadership Fund Super PAC led by @LeaderMcConnell, strong supporter of funding war in Ukraine 🇺🇦
Salame, a MA resident, also spent $1M on a PAC dedicated to opposing @CawthornforNC in North Carolina
@nytimes writer, @yaffebellany says he “stayed for the crypto-themed condoms” regarding visit to the FTX HQ in May
The article he wrote about the trip was titled: “A Crypto Emperor’s Vision: No Pants, His Rules”
Founder of @0xCoral is @armaniferrante, formerly a software engineer at @AlamedaResearch (though recently scrubbed from his LinkedIn profile)
Co-Founder of Alameda, @AlamedaTrabucco, was writing crossword puzzles for the @nytimes since at least 2017, according to FB
He wrote one puzzle back in 2017 as cope for Trump’s 2016 election win
In an interview by @nasdaily titled “The Most Generous Billionaire” @SBF_FTX is seen on the balcony
@nasdaily says “Sam doesn’t need money to impress friends, he drives a @Toyota Corolla”
Co-Founder @jackshaftoes (Tristan Yver) was Head of Strategy at FTX US & Head of Special Projects for @FTX_Official
According to @gajeshnaik’s tweet, @0xCoral was working at FTX HQ in Aug
@DamonSilvers IS ON @GaryGensler’s team w/ SEC, according to article
He’s quoted in many articles w/ @GaryGensler dating back to Gary’s time at @CFTC
I wonder why?
The website features a quote from @SBF_FTX saying how excited he is to be working with the Ukrainian govt
2008, Slivers was appointed by @SpeakerPelosi & @SenatorReid to serve on Congressional Oversight Panel for Emergency Economic Stabilization Act in response to ‘08 mortgage crisis
2020, he helped the @federalreserve & @USTreasury transition for @JoeBiden
Joseph Bankman!
Father of @SBF_FTX
In 2016, prior to launch of @FTX_Official, Bankman assisted @SenWarren with a bill to “simplify tax filing”
@ryaneshea shared some @SenWarren tweets re: FTX
Right after collapse of FTX, Banks & Financial Institutions like Mastercard, @Citi, @Visa, @WellsFargo & more will begin a 12 week pilot program with the @federalreserve of NY for a Digital Dollar, otherwise known as CBDC
He is claiming Alameda had more assets than liabilities…
@SBF_FTX also said he’s STILL meeting in-person with regulators… essentially confirming that he is NOT under arrest.
@FTX_Official is clearly receiving special treatment from @TheJusticeDept
Well @Oxygen_protocol just made a tweet saying @FTX_Official held over 95% of ALL $OXY tokens.
Oxygen CEO Alex Grebnev was Managing Director at @GoldmanSachs & @MerrillLynch
@ledger_prime CIO is @ShiliangTang, former trader at @MerrillLynch, @BankofAmerica and @UBS
This is the trial that declared Ivermectin was not useful to treat COVID 🤯
Remember @SBF_FTX’s brother, Gabe & his non-profit?
@CatoInstitute released article re: issues with study
cato.org/regulation/sum…