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News & Articles By News Editors
11/21/2022
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By News Editors
A smoldering fuse
Thirty-seven billion more dollars for Ukraine? (That’s thirty-seven thousand millions of dollars, by the way.) Bringing the total this year to a click-or-two over ninety billion (ninety-thousand millions), on top of whatever Sam Bankman-Fried’s FTX company funneled through that sad-sack international money laundromat — soon to be the darkest backwater of a European failed state […]
11/18/2022
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By News Editors
FTX founder and Democrat super donor Sam Bankman-Fried lent $1 billion to himself through his hedge fund
Disgraced cryptocurrency exchange FTX founder and Democrat super donor Sam Bankman-Fried lent $1 billion to himself through his hedge fund Alameda Research, which likely sourced the money from FTX customer funds. (Article by Alana Mastrangelo republished from Breitbart.com) On Thursday, it was revealed by FTX’s new CEO John Ray, III that the collapsed company’s bankruptcy filing shows it […]
11/17/2022
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By News Editors
Sam Bankman-Fried bought into stakeholder capitalism and proved it’s a disastrous ideology
While many analysts and economists will be talking for months about the epic downfall of crypto-exchange company FTX and its founder Sam Bankman-Fried, their focus will be primarily on the billions lost, the mismanagement of funds, the fraud inherent in yield farming and the alleged betrayal of investor trust. This is a tale as old […]
11/10/2022
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By News Editors
CRYPTO CARNAGE: Bankman-Fried ‘lent’ billions in customer funds to his trading firm, setting the stage for implosion
Alameda Research – Sam Bankman-Fried’s (SBF) FTX-affiliated crypto hedge fund – “owed” FTX $10 billion after the exchange “lent” billions of dollars of sacrosanct customer assets to fund risky bets, just as we suspected… only even more! (Article by Tyler Durden republished from ZeroHedge.com) If @SBF_FTX took $6 billion in client funds from FTX and secretly syphoned them to fund […]
10/15/2022
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By News Editors
The crypto geniuses who vaporized a trillion dollars. Everyone trusted the two guys at Three Arrows Capital. They knew what they were doing — right?
The boat was a beauty of a thing: some 500 tons across 171 feet of glass and steel as white as Santorini. All rounded edges, the five decks — one with a glass-bottom pool — were made for July on the Mediterranean, sunset dinners among the islands near Sicily, cocktails in the turquoise shallows off the […]
08/17/2022
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By News Editors
“Cash free” central bank digital currency roll out coming in December?
The endgame is to have total control of the slaves with a cash-free system. Those at the top will fully control a central bank digital currency or CBDC, and once they roll it out, it’s game over for the slave class. (Article by Mac Slavo republished from SHTFPlan.com) Executive Order 14067 signed by Joe Biden gives the […]
07/26/2022
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By News Editors
Tales from the crypto: Trapped Celsius customers share financial horrors
Liquidity-challenged crypto lender Celsius Network filed for Chapter 11 bankruptcy protection earlier this month in the Southern District of New York – over a month after it halted customer withdrawals, citing “extreme market conditions.” (Article by Tyler Durden republished from ZeroHedge.com) The filing came just nine days after crypto broker Voyager Digital filed for Chapter 11 in the […]
06/16/2022
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By News Editors
The crypto apocalypse is here
Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words. Last November, the total market capitalization for all cryptocurrencies crossed the three trillion dollar mark. This week, the total market capitalization for all cryptocurrencies actually dipped below one trillion dollars. In […]
06/16/2022
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By News Editors
Crypto: A necessary scam?
A Muddy Field of Deferred Dreams Last night, the U.S. national soccer team played El Salvador in San Salvador. The tweet below shows the late tying goal by the U.S. side, but it also shows the shockingly shabby state of field (or “pitch” as they call it in soccer), which had more mud than grass. […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
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