Will Dem Give The STOLEN Money Back?

New York City NY

Description

Democrat mega-donor and 30-year-old founder of bankrupt cryptocurrency company FTX, was arrested yesterday by police in the Bahamas and will likely face extradition to the U.S. after he lost billions of dollars in customer funds. Bankman-Fried created FTX back in 2019 and the company eventually became the second-largest crypto exchange in the world. At the company's peak, it had over 1 million users and the CEO was worth roughly $25 billion.  In November, FTX ran out of cash and went bankrupt, due in large part to Bankman-Fried using customer assets to fund risky bets and loans. When reports emerged of misuse of funds, customers ran to pull their funds [$6 billion in total] which sent the company into bankruptcy.  A person familiar with the matter told WSJ that a sealed indictment from the U.S. attorney's office for the Southern District of New York reveals charges that include: wire fraud wire fraud conspiracy securities fraud securities fraud conspiracy money laundering Bankman-Fried was set up to become George Soros 2.0 before his downfall. The young billionaire gave a ridiculous amount of money to Democrats and far-left causes.