Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation
BanksterCrime: Amid swirling speculations about the third biggest bitcoin wallet, chatter has now emerged linking the fifth largest BTC wallet to the late Yevgeny Prigozhin, former owner of the Wagner private military company (PMC). However, a straightforward blockchain explorer search clearly indicates the wallet bears a label identifying it as property of the U.S. government.…
JP Morgan Gold Traders Go to Jail, While JP Morgan Exits DOJ ‘Sin Bin’
BanksterCrime: by Tyler Durden Submitted by Ronan Manly, BullionStar.us There have been some interesting developments in the long running saga of criminal prosecutions by the US Department of Justice (DoJ) against J.P. Morgan and its lawbreaking traders for precious metals price manipulation and fraud. While three of JP Morgan’s top former gold traders were sentenced…
One of the Largest Financial Frauds In U.S. History–FTX
BanksterCrime: By Kevin Stocklin | The trial of Sam Bankman-Fried has thus far strongly supported the prosecution’s charges of securities fraud, analysts say; meanwhile, any questions regarding his massive political donations have been put off for another day. Since its start on Oct. 3, the trial has featured compelling testimony from former colleagues FTX co-founder…
Bank of America’s Deposits Fall, But at Slower Pace than JPMorgan Chase
BanksterCrime: By Pam Martens and Russ Martens: Bank of America is the second largest bank by assets in the United States, topped in assets by only JPMorgan Chase. Both mega banks have seen a steady decline in deposits since the first quarter of 2022. But the decline in deposits at Bank of America represents just 65…
BS From JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion–Major Distraction Form Satan Soldiers at Chase
BanksterCrime: A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over the near term.” Reversal on the Horizon? JPMorgan Sees Limited Downside for Crypto…
JPMorgan Chase Has Lost a Quarter Trillion Dollars in Deposits in Last 7 Quarters — Fortress Balance Sheet or Leaky Sieve?
BanksterCrime: By Pam Martens and Russ Martens: Jamie Dimon, Chairman and CEO of JPMorgan Chase On May 1, the Federal Deposit Insurance Corporation announced that First Republic Bank had failed and that it was being sold to JPMorgan Chase. At the time, JPMorgan Chase was already the largest and riskiest bank in the United States. The…
Alarm-Reporting Watchman There May Be So-Called “Forever Chemicals” in as Much as Half of the Nation’s Tap Water
HNewsWire: The study by the U.S. Geological Survey tested for the presence of 32 types of PFAS from samples taken from 716 locations—269 private wells and 447 public supply—across the nation from 2016 to 2021. Based on these samples, USGS researchers determined by modeling that, on average, at least one PFAS is detected in about 45 percent…
Thai Hookers, Chinese Bribes: ‘Star Witness’ Ellison Unveils Chaos Behind FTX’s Fake Balance Sheets
BanksterCrime: by Tyler Durden What would a second day of testimony in the FTX trial for Caroline Ellison have been without mentions of identity theft from Thai prostitutes and bribing Chinese officials? Taking the stand on Wednesday, Sam Bankman-Fried’s former love interest turned star government witness against him, Ellison, spoke about the balance sheet that led…
Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming
BanksterCrime: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the study arrived at the same finding: concentrating the banking system in the hands of five…
After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today
BanksterCrime: By Pam Martens and Russ Martens: Jane Fraser, Citigroup CEO As evidenced by the speech that the FDIC Chair, Martin Gruenberg, delivered at a conference yesterday, the FDIC is very much aware that both the level of uninsured deposits and the concentration of those uninsured deposits among a handful of mega banks is a serious…