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Biden’s DOJ Arrests Bankman-Fried in Unprecedented Move to Prevent Him from Incriminating Himself Before Congress

Within one day the entire narrative surrounding the downfall of Billionaire Crypto King Sam Bankman-Fried has gone from "why hasn't this guy been arrested yet," to "what is the government afraid he is going to reveal?" Who all is this guy connected to, and just how far does the corruption spread? Yesterday, one day before he was scheduled to appear in Congress before Maxine Waters, the DOJ issued an arrest warrant and authorities in the Bahamas, finally, arrested Bankman-Fried. But now he can't testify before Congress. According to criminal defense attorney Jonathan Turley, this is unprecedented. Never before has the plaintiff in a criminal case, in this case the U.S. Department of Justice, intervened to prevent a defendant from testifying before Congress where he would have undoubtedly incriminated himself and made their case a slam dunk. I think this bizarre story has now gone from "will he be arrested" to "will he be suicided away, like Jeffrey Epstein, to protect the guilty?"

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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 as time and not anything surprising. What many in the mainstream are missing, though, is Fried's attachments to the World Economic Foundation, various global elitists and his avid sermonizing of the tenets of “effective altruism”, which are nearly identical to the tenets of Klaus Schwab's Stakeholder Capitalism agenda. The WEF lists FTX as a corporate “partner” and participant, which means the company must meet the globalist organization's standards for Stakeholder Capitalism, a socialist economic model which deconstructs the Adam Smith and Milton Friedman free market foundation.

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Crypto Currency Billionaire Loses Fortune Almost Overnight as Crypto Ponzi Business Exposed – The Beginning of the Great Reset?

November 8, 2022 will obviously be remembered in history as the day of the U.S. mid-term elections, but could another event that happened yesterday eclipse even the national elections? Earlier this year I warned that cryptocurrencies were NOT safe havens to protect financial wealth, when Coinbase, the largest US crypto exchange service, announced that they had cut off 25,000 Russian wallets. As I noted then, I have never felt comfortable putting major resources into cryptocurrencies for several reasons, the most obvious one being that it is dependent upon “the system,” which requires, among other things, electricity and a working Internet. New problems with cryptocurrencies were exposed yesterday, when the equivalent of a "bank run" happened when crypto exchange FTX saw $6 billion of withdrawals in a 72-hour span, resulting in them reportedly stopping the process of withdrawals yesterday.  Some big investors, including Blackrock and celebrity athletes including Stephen Curry and Tom Brady, were heavily invested in FTX. Sam Bankman-Fried, once featured on the cover of Fortune Magazine as potentially the next "Warren Buffet," and has now reportedly lost 94% of his $16 billion fortune, may be better compared to Bernie Madoff, as ZeroHedge News found an interview he did a few months ago where he admitted that crypto yield farming is basically a Ponzi business. The big question now is when will the other big Ponzi scheme rupture, the New York Stock Exchange, sending the U.S. and probably the rest of the world into financial ruins and usher in the Great Reset?

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