Former Trump economic adviser Steve Moore speaks on FTX’s downfall and how the cryptocurrency giant was involved in politics on ‘The Evening Edit.’ #FOXBusiness #TheEveningEdit
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The whole of crypto is a .ponzi
Receiving stolen money, it's still stolen money
Bet Bankman Freids got 50 million US cash stashed somewhere
Ouououououo e. k
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Crypto is gambling not investing. If this guy is so smart why is he on a crypto board. Crypto is blue sky. Stupid is as stupid does.
Just because the Democrat Party steals elections, doesn't mean they are corrupt in EVERYTHING… 😎😆😉
LOLbetariansHows them deregulated decentralised cryptocurrency financial market nowadays.?
Anyone who is involved in manufacturing and distributing "money", like the Federal Reserve owners, is bound to profit from their work. The important thing is to have government protection. That will now be arranged under the rubric of normalization so that further crypto will eventually take the place of fiat and the owners of the central banks will be protected from the collapse of their fiat scheme which has lasted for more then one hundred years. Sam Fried is the sacrificial victim used to launch the new Central Bank Digital Currency. He will no doubt be adequately compensated for his critical contribution.
America still vote for them.
. somehow topped terraLuna^ oof bitcrash sims2-
No one wants to miss the boat.Wait till everyone tries to hit the exits in all these crypto’s.The”industry “ doesn’t need regulation they need common sense investors not computer nerds and gamblers
Everything was fueled by greed. Oh well, oh well!
politicians, parents, and SB—-major prison time.
funny as hell–looking for the "Money Tree" (investors) keep looking-complete idiots.
Democrats did this..
People should know by now, these get rich schemes are usually Ponzi schemes.
The reason this happened is because the CEO did not have personal wealth. the money was in his corporation and he had a title, but he was poor… its not greed to ask for personal wealth/CEO, it makes it more difficult for the person to be corrupted and the projects are usually successful that way.
if this guy gets prosecuted, the 4 big banks should get prosecuted for manipulating the markets and steeling millions from people who invested in precious metals through rigging & manipulation
In an unregulated market, this was inevitable. Sam Bankman-Fried was simply the first person to exploit that opportunity. It is puzzling that the missing $1 billion did not become an issue until after the company failed.
FTX and Alameda "appear" to have been a Ponzi scheme, but legally it may not have been. FTX clearly operated outside established regulatory limits (and accounting standards), but they were not subject to those limits. It's a bit premature to conclude that the company's actions were criminal.
Another Madoff
What else is going to be exposed hope the Republicans in the house can investigate this and much more.
Who got the 23 million in the Republican Party. Inquiring voters would like to know?
Nothing to see here folks.
🙈🙉🙊
I love listening to Steve Moore on The Morning Answer with Dan Proft.
More proof Dens are criminals…are the culprits going to jail with fines????
LOL
WOW😮 regulation is there but no one is ever held Accountable, only small fines and no one goes to jail after citizens lose their life savings.
Bank Man and Made Off😂
Bank Man and Made Off😂
They are lying about giving to charity🤥🤥
DNC needs to return the money from FTX!!!!!!!!!!!!!!!!
"Amazing how many crooks are donating to the DNC" Just so accurate!!!!!!!!!!!!!!
Hmm. Thank goodness the stock market market makers don’t sell stocks they don’t own.
When the dems let criminals go free, there's going to be more democrat supporting criminals.
So our great regulators, you know, the ones who spend all their time going after President Trump, yeah, those great regulators couldn't (I mean wouldn't) see such an obvious scam?
It's the same thing the Fed's bank cartel did in 1907. All that was heard was how Americans had had ENOUGH of these bank runs. The US needed the Federal Reserve system to be set up to make us slaves of usery and become debtor-slaves.
Don't fall for these obvious tricks
FTX is going to be a DEMOCRAT Prosecution party!!! 🎉🎉🎉