sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

Former FTX CEO – Sam Bankman-Fried – Admits FTX Didn’t Buy Bitcoin for Clients – Just Took Their Money (VIDEO)

Former FTX CEO Sam Bankman-Fried (SBF) let it all hang out. 

The former head of bankrupt FTX admitted on video what the company did with the money people gave to the company to invest in cryptocurrencies like bitcoin.

We reported on the bankruptcy of FTX weeks ago.  The firm suddenly crashed and along with it the second-largest donor to the Democrat Party was finished.

Billions of dollars were shared with FTX with the belief that FTX was in turn investing the money in cryptocurrencies requested by the purchaser.

However, SBF shared what we now all know already.  FTX didn’t take customers’ money and invest in Bitcoin, it just took the money.

More

3 thoughts on “Former FTX CEO – Sam Bankman-Fried – Admits FTX Didn’t Buy Bitcoin for Clients – Just Took Their Money (VIDEO)”

Leave a Reply to Anonymous Cancel Reply

Your email address will not be published. Required fields are marked *