Archive for July 2023
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
BanksterCrime: Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk) Sam Bankman-Fried won’t face a campaign finance charge when he goes to trial in October, but that doesn’t mean he’s out of the woods. The FTX founder will face seven charges in October, and another five during a second…
FTX’s Bankman-Fried Should Be Jailed Heading Into Trial, U.S. Argues–SRH: Fried’s Bad For Cryptocurrency Reputation
By BanksterCrime: A prosecutor said that “no set of release conditions can secure the safety of the community.” The U.S. Department of Justice wants FTX founder Sam Bankman-Fried to spend the remainder of his time before his criminal trial in jail, alleging he has tried multiple times to tamper with witnesses. Bankman-Fried, flanked by two…
Democracy Is How Trump Came to Power. They Are Not About to Allow a Non-career Politician to Ever Take Power
Blog/Civil Unrest Posted Jul 27, 2023 by Martin Armstrong Spread the love There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention of ever paying off the debt. They are running out of buyers. Attacking Russia and…
How Texas Became a Global Mecca for Bitcoin Mining–Greg Abbott The Reason For Success
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.” By Jeff Wilser Jul 24, 2023 at 8:47 a.m.…
Trillions of Dollars in Uninsured Deposits Are Now a Serious Albatross Around the Necks of the Mega Banks on Wall Street–Con Games Over
In June, Reuters reported that JPMorgan Chase was expanding the reach of its commercial bank into two additional foreign countries – Israel and Singapore – bringing its foreign commercial bank presence to a total of 28 countries. Those plans could potentially add billions of dollars more to its already problematic uninsured deposits. Why federal regulators…
This Chart Shows How Wall Street Banks and the Fed Have Become a Match Made in Hell
By Pam Martens and Russ Martens: July 24, 2023 ~ Prior to Ben Bernanke being sworn in as Fed Chair on February 6, 2006, the United States had been through World War I, the Great Depression, World War II, the Vietnam War and the stagflation of the 1970s, without an explosion in the Fed’s balance sheet.…
The Victims of a Former Financial Advisor’s Ponzi Scheme Are Demanding an Explanation From Morgan Stanley
HNewsWire: A former Morgan Stanley financial advisor has pleaded guilty to fraud and money laundering in what prosecutors said was a $7 million scam. Victims filed arbitration claims against the firm, alleging that it failed to reasonably supervise its employee. Morgan Stanley said it fired the advisor after the fraud was discovered. But it was…
TD Bank reaches $1.2 billion settlement in Ponzi scheme lawsuit–More To Come!
By StevieRay Hansen BanksterCrime: More than a decade after the infamous $7 billion Ponzi scheme was run by disgraced financier Allen Stanford, TD Bank has agreed to pay $1.2 billion to settle a lawsuit alleging its involvement in the scheme. In a statement released on Monday, Toronto-Dominion Bank admitted to paying $1.205 billion to a…
US DOJ Goes After FTX’s Bankman-Fried For Allegedly Leaking Caroline Ellison’s Diary
The United States Department of Justice (DOJ) has accused Sam Bankman-Fried, the former CEO of the now-collapsed crypto exchange FTX, of leaking the private diary of Caroline Ellison, a former colleague, and CEO of sister trading firm Alameda Research. The leaked diary was published by the New York Times, shedding light on Ellison’s personal musings…
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation. By Camomile Shumba CORRECTION (July 19, 13:30 UTC): Clarified that RFK Jr. was speaking about bitcoin, rather than crypto in general. U.S. Democratic presidential candidate Robert F. Kennedy Jr. unveiled…