#crypto #FTX #yahoofinance
Yahoo Finance crypto reporter Jennifer Schonberger outlines how Congress is reacting to cryptocurrency exchange FTX’s fiscal unwinding as it grills financial regulators.
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not a peep on the SEC’s Gary Genslers personal involvement /w FTX im sure?
Not part of the narrative you know…
He is a friend of Sammy boy’s family
Crypto lovers wanted an unregulated financial system beyond the reach of the government. They got what they wanted and should take that loss on the chin.
Stop beating around the bushes … Did the money sent to Ukraine get laundered through FTX is the BIG Question.
Put away the propellor hat.
@Chess Dad oy vey shut it down
Is the answer to shovel more and more money into a pit that is — well, we don’t know where your money went, do we? It is a scam & ponzi game with double talk and preposterous stories of money rolling in. Meanwhile when billions just disappear, a bot tells you that good money should be tossed into the same hole.
In a special session with Forrest Gump, the following insight was revealed. “Stupid is as stupid does.” – Forrest Gump
Felony outer state stealing
And in a flashback to Bernie Madoff. “But he not only conned investors, he seduced regulators. The Securities and Exchange Commission esteemed him as a Nasdaq Stock Market chairman and prominent Wall Street figure — and failed to detect his fraudulent scheme despite receiving warnings and credible complaints over 10 years. After it was exposed in December 2008, a shaken SEC scrambled to put controls in place to prevent such episodes from recurring and uncover them early.”
Get your crypto off of exchanges. These bozos want to steal your money.
These people gave up their coins to a middleman. what did they expect??????
That only works if you’re holding. If you’re a trader you can’t.
Imagine that, more Fraud/Illegal activity with a company tied to Democratic Funding/Donations. Who couldn’t see that coming from a mile away? It’s like the BLM of the Crypto Currency World. What a shocker. LMAO 🤣
IT SEEMS TO BE PLANNED NOT JUST FOR THE MOMENT AND THEY’RE MAKING IT SEEM LIKE THEY DIDN’T KNOW THEY KNOW THIS IS ALL A F****** SCAM
sure, give your crypto to the criminal banking cartels, that will obviously fix the problem. How did you all forget, that bitcoin was created to fight exactly that problem and bring custody of peoples wealth back to the people. Satoshi forgot to take into account that the people are actually too stupid for that still. not your keys, not your crypto! Stop using centralized exchanges! FFS….
HEX Rocks on!
Where is Gensler? MF global under his watch, FTX under his watch, incompetent corrupt WS ponds who be used and sacrificed? his dream of being next secretary of treasury need to be boycott..
Dog and Pony show!🤡💩🤡💩
3 card monte at it’s best! Another way for the Govt. to steal black people’s $. Just ask Reggie Middleton, Gensler took his patented crypto invention.
As usual, leisurely examining the stable doors after the horses had bolted.
Bidens fault.
US law makers are the ones who ensured crypto wasn’t regulated because ‘generous’ billionaire SBF was having them in his pockets.
But now of course they will cast blame on regulators to deflect attention away from their own corruption
SEC is more corrupt than Crypto is.
here come the regulators right on cue!
Talk to uncle Gary he’ll either have you arrested and thrown in jail or turn a blind eye depending on who’s pockets you’re lining
There’s a supposedly leaked letter saying that the sec was going to look the other way.
@Ronaldo Rivers Always knew skeletor was a real evil villian! He’s either dull as dish water (highly likely) or completely crooked (very likely) or hell bent on destroying the crypto industry so they can build it how they want it (most likely). Just an opinion of course.
The evidence are mounting, and yet nobody has been caught. This is so ridiculous
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Gensler’s minutes from all meetings and Correspondence with: SBF, the alameda CEO, the alameda CEO’s father, and all people employed by FTX and associated associated companies must be made public.
There’s even a leaked letter saying that he will look the other way.
Biden and crew scammed everyone. Now, no arrest. Just more regulating
im speechless
Senator asking who from the SEC was watching FTX? Ask Gary Gensler. According to his public calendar, he met with them in March of this year. Senators should be looking at their counterparts as well as SBF was often on capital hill sitting side by side helping them draft crypto bills.
Gensler you say, how about Bankmans visits to White House? News reports, N. Y. Times & Fox stating more than once he met with Pres. Biden?
such a soothing voice😌
There eye has been on the wrong ball. Gensler and his cronies have been honing in on ripple labs meanwhile we have centralized crypto exchanges pulling one over everybody. Shame. Shame. Shame
Why did Gary Gensler give a completely free hand to FTX and yet randomly attack solid crypto projects? He was keeping the space clear for a power grab. If SBF had gotten a Bit License from Gensler and the Dems, that would have been the end of crypto in the United States. Gensler was working with FTX
Very useful information, after the collapse of the market it will be more reliable to earn on Crypton cryptocurrency.
Let’s see some action !
Crypto is one big GIANT ponzi scheme.
10% to the big guy
SBF is one of the top donors of the democratic party, sooo …
An entire industry based on selling “assets” to financially challenged individuals through slick promotions and fear of missing out. What could have possibly gone wrong? – Jon Pierson
Government cannot oversee crime as a preventative process. Most companies are run by honest people. SBX is an exception and because of the scale of the monies involved and because it is representative of the latest investing mania, the case has become notorious. The deterrent to crime is prosecution with appropriate prison sentences. SBF always faced a substantial prison sentence if he strayed to the dark side because of the scale of monies involved. He knew this and yet, this did not deter him from his possibly illegal actions. For reference, see Bernie Madoff. SBF knew all about Bernie Madoff. Everyone in finance knows about Bernie Madoff. Nevertheless, people still commit illegal acts.
Since it moved to bahamas all people involved shoukd have smelled something, even peter shiff got problem on puerto rico.
If the bank or buisness is on an island mostly must be a kind of fraud.
Actually there are forensic financials simple guides.
And criminal usually do not bother to read the law just in case they are caught.
The Ukraine war is a bloody scam by the United States folks
Right! Don’t question the thieving white boy blame everybody else! If Sam Bankman was black, he and everyone in his family, employees, friends, phones contact list would all be sitting in jail. These lawmakers are idiots. Its like me commenting a crime and you blaming the cops. F up otta here! $10 bet this guy get’s no jail time or at least less time than some black kid selling a $10 bag of weed.
I demand to know every Senator involved with FTX forthwith. Democrats and Republicans. Justice and transparency now!
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🤣😂A billionaire donor to the DNC gets a pass…..again. Nothing to see here folks.
FDX was a money laundering organization. From US and Europe taxpayers to Ukraine, the 10% back to the BIG GUY, and the democrat crime organization
U.S. government is a sham and a bad joke!! They keep putting on a show… A very bad one!! They are all complicit!!
Money laundering is ok