The Swindler’s PlayBook

The Swindler’s PlayBook

SBF and Carlo Ghosn ran the same playbook.

First Watch the Crime documentary about the Disgraced Nissan Executive Carlos Ghosn
Carlos Ghosn, the superstar chief executive who built the global car making alliance between Renault, Nissan and Mitsubishi. who went from a celebrated entrepreneur to a wanted fugitive.
https://www.netflix.com/title/81227167

THE SWINDLER’S PLAYBOOK

How does Sam Bankman-Fried and Disgraced Nissan Executive Carlos Ghosn Get Away With Fraud?

1) They believe it is their right to use the money how they see fit.

2) It is for the ( fill in the blank )
Higher Cause” that will also do so much good for all the people.

Carlos Ghosn & Sam Bankman-Fried + Al Capone are men of the people. Robin Hoods that steal and bribe unmercifully because they love humanity.

The 6 Play Book attributes of SBF and Carlos Ghosn they both have in common.

1) Own/Run two companies at the same time
2) Spend big money to buy:
– advertising most famous media /news / magazine companies
– give big showy parties with celebrities that media follows and covers
– give big  $$$$$ to politicians and super pacs

{{{Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried a week before FTX filed for bankruptcy.}}}

3) Use the Long Con –  it’s all for a good cause
4) Avoid taxes hiding money all over the world
5) Have a Tight small group of insiders that know what is happening and help get it done and also get paid off to keep the secrets.

Q. HOW DO THEY SELL IT?
A. THE ENDS JUSTIFY THE MEANS

Top 5 Reasons They Got Away With It

There is a playbook on how to be a swindler.
Whistleblowers lose their jobs.
The press keeps their silence, therefore complicit.

1) Doesn’t answer to a board of directors. Doesn’t answer to anyone.
2) “failure of corporate controls”
3) Has a small group of if employees (inner circle) that take direction without question. Those same employees are paid to keep silent. They also help hide money.
4) Funky auditors
5) Legacy corporate media is bought and paid for.

GET Politicians in your Back Pocket

INSIDERS DO NOT GO TO JAIL

Congress members Tried to Stop the SEC’s Inquiry Into FTX
4 reps / 4 dems All got stolen money contributions from FTX/Bankman-Fried

This should show all people that have their eyes opened to the political game in this country. Falling for their games of blaming one political side or the other is exactly how they keep controlling us in this two party system.

Sam Bankman-Fried Hid Republican Donations So Media Wouldn’t ‘Freak the Fuck Out’
“I donated to both parties,” FTX founder and former CEO Sam Bankman-Fried said in an interview with Tiffany Fong published Tuesday. “I donated about the same amount to both parties.” “All my Republican donations were dark,” Bankman-Fried said, citing the Citizens United Supreme Court case. “In practice, no one can fathom the idea that someone actually gave dark [money],” he said.
According to the political finance tracking website Open Secrets, “Dark money” refers to spending meant to influence political outcomes where the source of the money is not disclosed.

Gottheimer is a bought and paid for seat.
He is also the one that is now complaining that Gensler failed to do his job.

Emmer is a Republican and  just elected Majority Whip.

The eight members were:
Reps. Tom Emmer, Brian Donalds, @RepAuchincloss, Warren Davidson (R-OH), Ted Budd (R-NC) elected this year to the U.S. Senate, Darren Soto (D-FL), Josh Gottheimer (D-NJ), and Ritchie Torres (D-NY).

The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.

5 Democrats voted yes 3 Republicans voted no
Congress members reportedly tried to stop the SEC’s inquiry into FTX, per the Prospect, with a March letter that questioned the SEC’s authority to inquire about crypto & in part, FTX. 5 of the 8 received campaign donations from FTX employees, from $2,900 to $11,600.
Representative Ted Budd, one of the signatories, received half a million dollars in support from a Super PAC created by FTX co-CEO Ryan Salame.

Political donations to 8 congressmen that tried to stop the SEC’s inquiry into #FTX back in March. 5 out of 8 received donations from SBF and FTX.

Of the 8 Congress Members, 4 were Democrats and 4 were Republicans
Tom Emmer (R-MN) Ted Budd (R-NC) Byron Donalds (R-FL) Warren Davidson (R-OH) Jake Auchincloss (D-MA) Josh Gottheimer (D-NJ) Ritchie Torres (D-NY) Darren Soto (D-FL)

Tom Emmer (R)
Josh Gottheimer (D)
Jake Auchincloss (D)
Ted Budd (R)
Ritchie Torres (D)

SBF and GHOSN  Parents

What they learned in their home life as kids.

CARLOS GHOSN

Japan was never gonna give him a trial date, his choice was to die in jail in Japan or die trying to get back to Beirut.
He learned to survive being a Diamond smugglers son.
Carlos Ghosn had portrayed himself as the son of a diligent religious family.
*Carlos’s father was a diamond smuggler and a killer, and spent more than ten years imprisoned in Lebanon because of his involvement in the murder of a priest during the sixties and seventies. Bishara, the grandfather of Carlos, left his village in Mount Lebanon to Brazil, where he built a fortune and fathered eight children – including George, the father of Ghosn Carlos. His father was sent to prison in Brazil. The newspaper wrote that Khoury Paul Massaad was killed by gunfire, and that he was a specialist with partners – including George Ghosn – in smuggling diamonds, gold, hard currencies and drugs, and the cause of the crime may be the result of a financial dispute.

Ex-Green Beret, son sentenced for helping Carlos Ghosn escape Japan

SAM BANKMAN FRIED

SBF has an illustrious academic / political  family, Stanford, and MIT connections. Its easy to  learn how to set up businesses all over the world to hide your money being a tax attorney‘s son.
Born 1992 on the Stanford campus his parents Barbara Fried and Joseph Bankman were both professors at Stanford University’s School of Law and his aunt Linda Fired was an academic in medicine who would eventually become dean of Columbia University’s School of Public Health his brother Gabriel Bankman-Fried who went to Brown University was a wall street trader and director of non=profit guarding against pandemics. Gabriel introduced him to the “get rich give it away” plan.

*SBF portrayed himself as someone who would save the world.
*SBF portrayed himself as the son of a  righteous do gooder family.
*SBF grew up around parents learning all about Tax Law, how to hide money, how to set up shell biz accounts all around the world and not get caught.

*SBF also learned about how to donate to political pacs and have protection in return.
Bankman-Fried’s FTX, parents bought Bahamas property
SBF had Thanksgiving dinner in a penthouse with his family, “clown world” doesn’t even begin to describe it.
Disgraced Sam Bankman-Fried’s FTX snapped up 19 properties worth $121M including $16M vacation home for his Stanford University Tax law professor parents.
Sam counterfeited billions in tokens via securities fraud, inflated that by billions more via accounting fraud, seized billions from customers via banking fraud, corrupted the establishment with the dirty money, then panic sold billions in stolen #bitcoin to crash the market.

Sam Bankman-Fried never wanted to change the world. He never intended on giving away his billions. Full stop.

SBF also used
1)) Backdoor between FTX and Alameda, which allowed client funds to be transferred without leaving a trace.
2) Gambled Company and client money
3) Patched holes in the balance sheet
4)  Hired sketchy auditing firms

Who’s Who in the FTX Inner Circle

The downfall of FTX was swift and brutal. In a matter of eight days earlier this month, the crypto exchange – developed as a skunk-work project inside Sam Bankman-Fried’s quant-driven trading shop.
Alameda Research – went from being one of the most used and valuable crypto companies ever to a pile of failed bets and worthless tokens.

FTX’s new chief executive, John Ray III, has said Bankman-Fried’s crypto trading empire is the biggest “failure of corporate controls” he’s seen – a notable statement considering Ray helped unravel the Enron scandal and to get its investors paid. Upwards of one million FTX customers have lost funds, according to bankruptcy filings.

FTX Bankruptcy Hearing:
FTX was in the control of a small group of inexperienced and unsophisticated individuals… some or all of them were also ” – James Bromley presenting for FTX. Failed firm has just $1.24BN cash

Who Actually Reports the Truth To The Public? 

SBF BANK ACCOUNTS

Marc Cohodes (@AlderLaneEggs)
“To all of the MSM out there looking into @sbf_ftx and FTX, the star of the Show is a CCP operative named Gary Wang, go try and find him… The Hell with Sam, he is just a “diversion” .. Lets just say its a “hunch”.”
Youtube Marc Cohodes on Sam Bankman-Fried (SBF), Fraud, & The FTX Death Spiral

Who is billionaire FTX co-founder Gary Wang and why is he still committing code? Gary Wang, FTX’s co-founder and chief technology officer.
However, Reuters recently reported that Bankman-Fried implemented a “back door” to FTX to change financial records and move funds without alerting others. He denied this in the Reuters report.
“If there’s a back door in the infrastructure it’s hard to think [Gary] wouldn’t know,” said an investor in FTX.
Another source familiar with FTX and Alameda’s operations concurred, saying Wang was one of only a few people who had “root access” to the code base.
“If it was literally not Gary putting the code in, there’s no way Gary could not have seen it and understood it,” the source said.
Alameda CEO Caroline Ellison told Alameda employees last week that she, Bankman-Fried, Wang and one other executive were aware of the decision to send customer funds to Alameda, according to a report from the Wall Street Journal.

@FATMANTERRA
A verified insider has confirmed that FTX manipulated the Voyager assets auction in order to secure the winning bid. This was done to delay the recall of Voyager’s loans to FTX & Alameda, which would have exposed SBF’s fraudulent practices much earlier.
https://twitter.com/FatManTerra/status/1596148474969575425
“I can’t believe mainstream media is still running stories about Sam Bankman-Fried without a single mention of his criminality. This is a con man who perpetrated a historic fraud. He stole billions of dollars from unsuspecting victims. How is that not the lead of every story??
“It’s insane that SBF is still referred to as a philanthropist. Alameda started as a ponzi. They then spun up & pumped an exchange token & Solana based altcoins to billion dollar valuations, while using them as collateral to borrow against user assets. He never had any money.””

Alameda Research withdrew $204M ahead of bankruptcy filing: Arkham Intelligence
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in USD-pegged stablecoins.

November 10 2021 WSJ reported SBF said FDX lent 10 billion dollars to Alameda using customer deposits (that is illegal and a fraud) they lent 62% of all their customer’ money to Alameda., then he lied about all this. On November 10 The Bahamian government froze their assets.

NOV 10 2022 SAME DAY
people on twitter started watching millions getting pulled out of FTX wallets. Over 600 Million was moved out of the wallets.
Inside FTX’s shattered balance sheet

November 11 2022
SBF
announced on twitter that FDX, Alemeda and it’s 130 affiliated companies would file for bankruptcy and he would resign as CEO.
From 32 billion to 1 billion and now John J Ray would be the CEO who oversaw the Enron bankruptsy.
https://restructuring.ra.kroll.com/FTX/Home-Index

https://www.documentcloud.org/documents/23315035-case-22-11068-jtd-doc-52

November 11 2022 the SEC and CFTC began their investigations.

FTX Full Bankruptcy Filings

November 19, 2022 Most Of FTX Subsidiaires Are Solvent, Claims FTX New CEO
FTX CEO highlighted most of FTX’s regulated or licensed subsidiaries both inside and outside of the US, have solvent balance sheets
https://restructuring.ra.kroll.com/FTX/

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE: FTX TRADING LTD., et al., Debtors Chapter 11 Case No. 22-11068 (JTD) DECLARATION OF JOHN J. RAY III IN SUPPORT OF CHAPTER 11 PETITIONS AND FIRST DAY PLEADINGS

“Mr. Bankman-Fried often communicated by using applications that were set to auto-delete after a short period of time, and encouraged employees to do the same.”

John Ray, Case 22-11068-JTD
Messy List of FTX/Alameda bank accounts.

Elizabeth Warren’s Letter to SBF and John Ray III

November 12, 2022 people learned that this “hack” was actually an inside job. Nick Percoco of Kracken tweeted they knew the identity of the account and froze a some wallets that had received the stolen coins.

FTX attacker first began depositing BTC into ChipMixer on 11/20 after using Ren Bridge.
ZachXBT @zachxbt Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer. It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM. So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX.

THE MEDIA IS BOUGHT OFF
THERE ARE NO GUARD RAILS
WHO IS PROTECTING THE PUBLIC
THE FOURTH ESTATE IS DEAD

The message is clear: As long as you buy media advertising, throw parties for the media to write about,  donate to  political parties  you will be protected by the system and the legacy media even if you steal billions in plain sight.

HOW DOES THIS EVEN HAPPEN?

Venture Capitol can make their own weather and will invest into crypto because they pump and dump.

The political coverage of SBF’s donations and how they refuse to link the political donations to the money he took from clients. Why they can’t just call it embezzlement?

FTX making non-US vendor payments, depositing salaries

This is how easy it was for SBF to buy a law in DC:
- hire the former CFTC commissioner as an unregistered lobbyist
- pay former CFTC chair for intros
- hire a former senate staffer for $1.2m a year
And then donate like a funding funnel to PACs & NGOs

“King of Crypto” @SBF_FTX explains how DeFi projects work like ponzi schemes.
@coryklippsten We already know what’s gonna happen w/ Scam Bankster-Fraud at @dealbook Summit:
1) host asks pretend-hardball Qs
2) Sam lies, misleads and obfuscates
3) host doesn’t know enough to challenge the lies (or is unwilling to)
And THAT is why you don’t give a scammer your platform.

SBF to speak at NYT Deal Book Summit
FTX founder Sam Bankman-Fried indicated Wednesday afternoon that he plans to speak during an upcoming New York Times summit.
“I’ll be speaking with @andrewrsorkin at the @dealbook summit next Wednesday (11/30),” Bankman-Fried tweeted. the list of interviewees and speakers includes Bankman-Fried, New York City Mayor Eric Adams, BlackRock CEO Larry Fink, former Vice President Mike Pence, Treasury Secretary Janet Yellen, Ukrainian President Volodymyr Zelensky,  Zuckerberg, Do Kwon, and  It cost $2,499 to attend.
Andrew Ross Sorkin, the founder and editor-at-large of DealBook at the New York Times, confirmed Wednesday on Twitter that he’ll be interviewing the founder of the now-collapsed FTX on Nov. 30.

SBF says he will “probably not” attend the NYT Dealbook Summit in NYC in person next Wednesday (11/30). Lol.

SBF. Stole. The. Money.
A detailed review by @matt_levine showing how FTX counterfeited billions via made-up crypto-tokens backed by air & insider trading. Despite the launch of multiple worthless tokens (FTT, SRM, OXY, MAPS) that collectively surpassed $50 billion in “value”, Alameda/FTX entities lost $3.7b during 2021. The money was never there. It was all lies.

Here are SBFs DMs, where he admits that the entire ‘effective altruist’ character was a complete charade. The establishment media is corrupt and complicit. Bought and paid for (obviously). Bigger forces at play here folks. SBF is proof that fraud is only illegal if the elites aren’t in on it.

INSIDERS

NOTE: Caroline Ellison’s father Glenn Ellison used to work with  Gary Gensler at MIT. Gary Gensler Chairman of the SEC.
Caroline Ellison is SBF’s girlfriend, she escaped and is on the way to Dubai.

SCANDALOUS SCHOOLS

SBF attended an elite prep school in California which is call the world’s top 20 schools for getting students into the most elite universities.

HOW DO THESE KIDS GET INTO TOP UNIVERSITY
How admissions to top universities in the US really works as revealed by a simple comparison between one of NYC’s top public high schools (Stuyvesant HS) and one of NYC’s top private high schools (Horace Mann School). A short thread with some basic descriptive statistics
Post-script: Since many have wondered about whether this is driven by applicant preferences: At HM, 35% of the class attends an Ivy League university (+ Chicago, Stanford, MIT). At Stuy, the most recent figure is 18%. As the late NYC Schools Chancellor Harold Levy (a Bronx Science grad) used to say, low-achieving kids from high-income families do better in college admissions than high-achieving kids from low-income families.

It was never a plan to save the world. It was a plan to steal the world.
In 2010 he started at MIT and studied physics. He was considered highly gifted in Math. He met Will McCaskill who introduced him to a philosophy called effective altruism. https://www.williammacaskill.com/

Make as much money as possible for the purpose of giving it away to the poor which is the philospophy of utilitarinism which says to to do the greatest amount of good for the most people.

This was the perfect reason to become filthy rich for the sake of charity.
2013 SBF started his college internship then after college got the job at Jane Street Capital a NY high frequency trading firm giving away 50% of his income to whatever Will McCaskill was running.

He also met Caroline Ellison at Jane Street. She is the daughter of Gregory K Palm and Sarah Fisher Ellison both professors of Economics at MIT. Ellison got a degree om Math from Stanford.
CEO of Alameda Research, Caroline Ellison has fled from Hong Kong to Dubai. UAE and US signed an extradition treaty a few months ago.She won’t be able to stay there long. If she still has loads of money she can create a company and get residency too.
@carolinecapital is HSV 1 & 2 positive. Source: Caroline Ellison’s dating profile.
https://twitter.com/BTCitadelXXl/status/1592737749895114752/photo/1
“nothing like regular amphetamine use to make you appreciate how dumb a lot of normal, non-medicated human experience is”
https://twitter.com/carolinecapital/status/1379036346300305408

SBF left Jane Street and started to work with Will McCaskill at his center.
Trading crypto was making money so he started to look into how to do arbitrage. He spent 50 grand and started Alameda research. He set up an account in Japan and began trading. He borrowed 50 million from Jan Talon the co-founder of Skype and one of his brother’s friends Nishad Singh to make serious money. Six months later SBF hired Caolyn Ellison.

SBF’s  first 15 employees  lived and worked together in a 600 square foot apartment and gave away 50% of their profit to the effective altruism movement.
In 2019 SBF decided to use the profit made by Alameda to start FTX .
In the FTX terms it said that user deposits aren’t to be commingled with its trading business.
You can’t denominate crypto assets into a dollar calculation as a custodian. That’s pure fraud. GTFO

It was set up in Hong Kong. In 2021 Sequoia Capital gave him money thinking it would be a place that SBF would allow someone to spend money through FTX on anything, anything at all cause you know it would be THE FUTURE of money.
FTX raised 1.5 Billion dollars from investors then moved to the Bahamas.

2021 Carolyn Ellison was made CEO of Alameda Research though IT WAS STILL OWNED BY SBF
THE CORE GROUP OF FTX WAS COMPOSED OF 10 ADULTS BETWEEN 28-35 YEARS OLD AND LIVED TOGETHER
IN A 40 MILLION DOLLAR PENTHOUSE IN THE BAHAMAS
FTX WAS WORTH 18 BILLION DOLLARS BY JULY 2021 2 MONTHS LATER IT WAS WORTH 25 BILLION
SBF PERSONAL NET WORTH WAS OVER 22 BILLION BY Q4

Sam counterfeited billions in tokens via securities fraud, inflated that by billions more via accounting fraud, seized billions from customers via banking fraud, corrupted the establishment with the dirty money, then panic sold billions in stolen #bitcoin to crash the market.

Disgraced Sam Bankman-Fried’s FTX snapped up 19 properties worth $121M before his crypto empire fell – including $16M vacation home for his Stanford University law professor parents: Failed firm has just $1.24BN cash but owes more than $3BN
Goes to show you the power of lobbying (legal bribery) and also the reason why ending lobbying should be one of the main goals of Americans before anything else could ever move forward without corruption.

Michael Saylor @saylor
It was never a plan to save the world. It was a plan to steal the world.
Sam counterfeited billions in tokens via securities fraud, inflated that by billions more via accounting fraud, seized billions from customers via banking fraud, corrupted the establishment with the dirty money, then panic sold billions in stolen #bitcoin to crash the market.

The failure of FTX & FTT represents the collapse of a corrupt crypto-bank fueled by an inflationary fiat crypto-currency. #Bitcoin is an incorruptible, deflationary asset and ethical network offering property rights & freedom to billions of people.

Crypto exchanges are like Lamborghini dealerships whre all their customers permanently store their Lamborghinis and never drive them. Then someone decided to start a rental business where they rent out the Lamborghinis to college students.

It’s really unfortunate that FTX didn’t get a Bahamas domain name.
It would have been FTX.BS
Maybe it would have been too funny.

People who buy only bitcoin and take self custody are completely unaffected.

None of these companies have a real business model. It is all a shell game.
So SBF put the money in his wallet, took it out, then put it in his pant’s left pocket, took it out, then put it in his pant’s right pocket, took it out then put back in his wallet and put the wallet in hi pant’s butt pocket… i see
So BlockFi is a creditor to FTX that lent to Alameda that lent to Emergent which is a shell company owned by SBF that bought Robinhood shares that were pledged as collateral to guarantee to BlockFi the loan to FTX that was used to bailout BlockFi itself.

It’s a racket. SBF is a racketeer.

A concise explanation of the difference between securities and commodities by @mattkratter, along with the benefits of being a digital commodity like #bitcoin, and the liabilities associated with digital securities.
https://www.youtube.com/watch?v=UaVMRQSK8mc

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