Tracking the FTX Thread

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AND

So essentially: Gary 🤝 Glenn 🤯

This is a pretty crazy fact I just dug up regarding Alameda’s relationship with the SEC.  Looks like @GoldmanSachs had their hand in the cookie jar as well.

The father of @SBF_FTX may also have a role

Source (Download): https://t.co/HLYv5ASNFz

Source: https://thetigerinsidercom.wordpress.com/2018/09/29/college-is-pretty-great-caroline-ellison-12/

Here's more information on the shady "Mind the Gap" bundler operation founded by @SBF_FTX's mother, Barbara Fried, and led by @Stanford faculty, funneling millions of dollars from Silicon Valley to the Democrat Party:

Source: https://www.vox.com/recode/2020/1/6/21046631/mind-the-gap-silicon-valley-democratic-donors-stanford

Another shady piece of the @FTX_Official pie is the @Oxygen_protocol. 

Back to the connections…

Next we have Linda Fried, @SBF_FTX’s Aunt

Auntie Linda has been Dean of @Columbia Mailman School of Public Health since 2008.

Here’s a video of @SBF_FTX’s dad, Joseph Bankman, lobbying at the US House Government Reform & Oversight Committee’s panel regarding Hedge Fund Regulation on November 13, 2008:

https://www.c-span.org/video/?c5040295/user-clip-joseph-bankman

Meanwhile Head of Ventures & Commercial at FTX Ventures, @amytongwu, began her career as an Analyst for The Clinton Foundation @ClintonFdn in Botswana 👀

FTX’s Director of Engineering, @Nishad__Singh recently donated $1.1M to @BeccaBalintVT’s political campaign in Vermont as well as $500K to the Democrat Party of Oregon.

Singh has spent ~$8M on pro-Democrat campaign contributions.

Now on to the roommates of @SBF_FTX . They consisted of 9 friends and former co-workers. Many from @JaneStreetGroup & some from @MIT. 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...

Can’t forget @MarkWetjen!

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.

In this @CNBC article from earlier this year, @SBF_FTX says he could spend upwards of $1 billion on the 2024 election.

It’s looking more likely there was a serious money laundering op going on, sending $$$ from FTX to Democrats under the guise of altruism.

Sam Bankman-Fried vowed to give away 99% of his earnings as part of an “earn-to-give” scheme. Unlike @AlamedaTrabucco, Sam said he doesn’t want a yacht.

According to this @USATODAY article, @SBF_FTX donated $50M last year, including to “Pandemic Relief & Climate Initiatives”:

One thing @SBF_FTX liked even more than donating, was spending money on marketing sponsorships. 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:

One of the most interesting (shady) players at @FTX_Official is Gary Wang. 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

So now @SBF_FTX just resigned from his CEO position at @FTX_Official… and guess who just stepped in as the new CEO?

Former Enron Chairman & bankruptcy pro, John J. Ray III

John also served as a Senior Managing Director at @GreylockVC among many other things. SOURCE: https://www.chicagotribune.com/news/ct-xpm-2007-11-04-0711030650-story.html

Just yesterday, @SBF_FTX made a tweet claiming FTX US was un-effected by the fiasco and is 100% liquid. 

24 hours later FTX US, @FTX_Official, @AlamedaResearch and 130 other affiliated companies have filed for Chapter 11 Bankruptcy in the US.

Last year, @FTX_Official acquired @ledgerx, which became @ftx_us_derivs

According to @LinkedIn, LedgerX CEO & Co-Founder, @zachdex, was on the CFTC Technology Advisory Committee from 2018-2020

According to @GiganticRebirth 

& @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.

Let’s kick things up a notch…

@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 getting intimate with each other in a Caribbean penthouse (and Alameda CEO looks 12)

Now back to the FTX team and where they came from. 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

Head of Partnerships at FTX is @SinaNader33

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

On February 24, 2022, as the Ukraine war began heating up, @SBF_FTX tweeted that $25 was given to every Ukrainian on @FTX_Official

Ukraine Govt then announced a partnership with FTX to launch a crypto donations website, converting crypto into fiat at the National Bank of Ukraine.

According to email from Amanda Fischer, on March 23, 2022 @SBF_FTX, @MarkWetjen & @_Ryne_Miller met with @GaryGensler to discuss “conditional no action relief”, in other words, a Get Out of Jail Free Card:

At the time Senior Couselor, Amanda was appointed Chief of Staff on Monday:

But let’s bounce back to Citadel Brett for a second. @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 

From June 2019: “The Anatomy Of A Fake Cryptocurrency Trade: How Exchanges Create Phony Transactions”

The article stated: “a new report from @AlamedaResearch reveals a clever set of tricks used by crypto exchanges to fabricate volume”

FTX was launched less than 1 month prior.

Messages between @elonmusk, @willmacaskill (@SBF_FTX’s Effective Altruism mentor) & @MorganStanley banker Michael Grimes

MacAskill tells Elon that Sam has interest in buying Twitter and “making it better for the world”

Grimes seems pushy for an investment. Elon not interested.

Two months ago, @FTX_Official bought 30% of @SkyBridge from former White House Director of Communications, @Scaramucci

Scaramucci / Skybridge is a big advocate and investor in @Algorand, a PoS cryptocurrency network created by @MIT faculty member @silviomicali in 2017

Current Girlfriend of @SBF_FTX is the Chief Operating Officer of @FTX_Official 

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

April 2022, @FTX_Official & @SALTConference hosted the first ever crypto conference in the Bahamas

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

Now...~$383M worth of tokens have been recently moved from FTX wallets to unknown locations.

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...

The potential hack began around the same time @FTX_Official made a tweet about their Chapter 11 filings

@_Ryne_Miller just shared a tweet saying they are investigating the abnormalities with wallet movements related to consolidation of FTX balances across exchanges

Inside job?!

More on the FTX team:

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 Source: https://m.youtube.com/watch?v=XrnmyWu1vS0&feature=youtu.be

Friedberg told the thief to put out a story that “a former consultant to the company took advantage of the server and hacked into the client”...A story to keep in mind as hundreds of millions of dollars is currently being drained from @FTX_Official wallets. Source: https://highstakesdb.com/news/high-stakes-reports/ultimate-bet-scandal-lawyer-daniel-friedberg-at-centre-of-ftx-crypto-crash

So remember the guy Gary Wang, Co-Founder and CTO of @FTX_Official with a questionable existence?

The Gary Wang @github account was active today…

I wonder what Gary was up to…

Now FTX General Counsel @_Ryne_Miller is back, with a message that the funds are SAFU…

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)

FTX Legal & Finance teams say @SBF_FTX implemented a “back door” into the book-keeping system that allowed Sam to alter records & move money undetected

The “back door” was used to send $10 Billion from @FTX_Official to @AlamedaResearch without triggering red flags on the books