Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, pleaded guilty to U.S. criminal charges on Tuesday, and agreed to cooperate with prosecutors’ investigation into FTX founder Sam Bankman-Fried…
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Judge John Dorsey Has Effectively Privatized Justice in the FTX Bankruptcy Case…
Heck, why not bake into the FTX money laundering, ponzi scheme crypto scam a bit of rigging by the Judge. Who’d expect anything less these days…
The Same Day Sam Bankman-Fried Is Hit with a New Count of Bank Fraud, Three Regulators Warn About Crypto Bank Runs…
Last Thursday, the Department of Justice added four additional criminal counts against Sam Bankman-Fried in a superseding indictment. These include: bank fraud; conspiracy to operate an unlicensed money transmitting business; and two counts involving the purchase and sale of derivatives…
Crypto ‘Fraudster’ Sam Bankman-Fried Hit with Four More Charges — Exposing Him to a Possible Additional 40 Years in Jail…
Disgraced FTX founder Sam Bankman-Fried has been hit with four more brank fraud charges in a new indictment – which accuses him of posing as the ‘savior of the cryptocurrency industry’…
Green Energy: Greatest Wealth Transfer to the Rich in History…
We are in the midst of history’s greatest wealth transfer…
Bond Bloodbath Triggers Biggest Stock Puke of Year…
The ‘one-way-trade’ of January is rapidly unwinding in February with stocks finally getting the joke today and accelerating their catch-down…
Minneapolis Fed President Neel Kashkari Admits Goal Is to Shrink Economy to Meet Decreased Energy Supplies…
This video interview segment was sent to me today along with a “wow, you were right” message. Apparently, the interview took place a few weeks ago (it’s new to me), but the admissions within it are quite remarkable…
How A Country Loses Its Currency Reserve Status…
No, a country does not have a world reserve currency due to military power…
INSANE: A Dozen Eggs Now Cost More Than A Pound of Beef. Here’s Why…
The cost of a dozen eggs has now surpassed the price of a pound of beef, marking the first time that’s happened since the U.S. Bureau of Labor Statistics began keeping data in 1980…
From Jeffrey Epstein to Sam Bankman-Fried to Madoff – JPMorgan Banks the Creepy Crooks…
If yesterday had been National Creepy Crooks Day, JPMorgan Chase would have taken top honors. Bloomberg News reported on the creepy emails that former JPMorgan Chase executive Jes Staley was sending back and forth from his email account at the bank to child sex trafficker Jeffrey Epstein, as the bank was only too happy to handle 55 accounts worth hundreds of millions of dollars for Epstein…
‘Say Hi to Snow White. I owe you so much’: How Ousted Barclays Boss Jes Staley Referenced Disney Princesses in Trove of 1,200 Bombshell Emails with ‘Profound Friend’ Epstein…
This is some twisted chit. Using Snow White or Princesses as code for young female hook-ups Jeffrey Epstein was all to happy to provide to his pal Jes Staley, then JPMorgan’s Chief Executive of their private bank prior to heading up Barclays…
Consumer Price Index Increases 0.5 in January, 6.4% Annual Inflation Rate…
The Bureau of Labor and Statistics released the January consumer price index today [DATA HERE] reflecting what you already know. The overall inflation rate stands at 6.4%, after the anniversaries of the first two waves of price increases have now tolled…
Sam Bankman-Fried, BlockFi and Sullivan & Cromwell: A Viper’s Nest of Conflicts and Intrigue…
On December 21, Big Law firm Sullivan & Cromwell filed a conflict disclosure with the U.S. Bankruptcy Court in Delaware, where it was hoping to be officially appointed as lead counsel for the bankruptcy estate of Sam Bankman-Fried’s collapsed crypto house of cards – FTX, Alameda Research and its more than 100 opaque affiliates. Judge John Dorsey signed the order making Sullivan & Cromwell lead counsel on January 20, despite a mind-numbing list of conflicts of interests…
The Big Stiff: Russia-Iran Dump the Dollar and Bust U.S. Sanctions…
News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization…
There Are Very Strange Things Going on at Goldman Sachs Savings Accounts Interest Rates…
Goldman Sachs’ online bank, Marcus, is offering an interest rate on its savings accounts that is 350 times the interest rate being offered by its competitors, JPMorgan Chase and Bank of America. That’s not normal…
Disconnected From Reality – BLS Employment Report Showing 517,000 Jobs Gained in January is Laughable…
The Bureau of Labor Statistics (BLS) published a jobs report yesterday [DATA LINK] that has stunned the professional financial class. However, those who have followed the BLS data assemblies were laughing – not surprised. Eventually, if this continues, the BLS pretzel logic will start using terms like “eleventy.”…
FTX Debtors Asks for Political Donations to Be Returned – First Full List of Recipients Released…
Axios is positioning this announcement as FTX asking for political donations to be returned. However, the request is realistically from the FTX debtors…
Drugs Advertised Most on TV Have Least Health Benefits, According to Analysis of $6B-a-Year-Industry…
Pharmaceutical giants funneled huge sums of money into advertising for prescription drugs deemed to have the lowest added benefit…
Wyoming Wind Projects Pose “Profoundly Dangerous” Threat to Golden Eagles…
Offshore wind projects threaten endangered whales; proposed wind projects in Wyoming “will exponentially impact Golden Eagles.”…
Bombshell Emails Raise Questions about What Sullivan & Cromwell Knew About Fraud at Sam Bankman-Fried’s Crypto Firms…
Just four days before Sam Bankman-Fried’s crypto exchange, FTX, collapsed into bankruptcy, Sullivan & Cromwell law partner Andrew (Andy) Dietderich sent an email to an attorney representing Voyager Digital’s Official Committee of Unsecured Creditors in its bankruptcy proceedings, stating that FTX was “rock solid.”…
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