Hal Turner,

11 November, 2022

The sudden collapse of crypto exchange “FTX” and its Bankruptcy filing today, has revealed that FTX presently suffers from $10-$50 BILLION in liabilities with almost ZERO assets . . . and among those liabilities, are “investments” made by . . . . UKRAINE . . . .

At this early hour, it __appears__ that tens-of-billions in American “Military Aid” to Ukraine, which was allegedly to be used to fight Russia, was cash that Ukraine DID NOT use to fight Russia, but instead invested into FTX!

And, as you might guess from the Bankruptcy filing . . . . it now seems that all the money . . . is gone.

Yes, you read that correctly: Instead of using US Military Aid to fight Russia, Ukraine “invested” part or all of it, into FTX, and right now, it looks like all the money is gone.

Democrat Donations

Also at this early hour, it now also __appears__ that the Chief of FTX, Sam Blankman-Fried, was the #2 donor to the Democrats. He was only outspent by Soros himself!

It __seems__ Ukraine was receiving money from the US, Ukraine sent it to FTX, and FTX sent it to Democrats, who originally voted to send it to Ukraine.  At this hour, it __appears__ to some observers, to be pure, criminal, money-laundering, and a criminal conspiracy to violate campaign finance laws.

It now seems to closely-watching observers that the kid burned his own company — and his own ass — just to make sure the Dems won the mid-term elections, and seems to have done it by pulling the rug out from all those that had funds there in FTX.

So the collapse of FTX is now linked not only to Ukraine, but also to US Democrat politicians who got money from Sam Blankman-Fried, to campaign for the just-ended elections!

Here.  Learn:

FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine.

The Ukrainian government launched a new crypto donations website on Monday, streamlining its multimillion-dollar effort to turn bitcoin into bullets, bandages and other war materiel.

Aid for Ukraine,” which has the backing of crypto exchange FTX, staking platform Everstake and Ukraine’s Kuna exchange, will route donated crypto to the National Bank of Ukraine, Everstake’s Head of Growth Vlad Likhuta told CoinDesk. Ukraine’s crypto-savvy Ministry of Digital Transformation is also involved.

The country’s collective efforts have already raised some $48 million in bitcoin (BTC), DOT, ether (ETH), SOL, tether (USDT) and other cryptocurrencies, according to the website. Other estimates place the amount closer to $100 million, but totals vary with market swings and exactly which websites are included.


  1. From the beginning Crypto looked to be a disaster waiting to happen. Especially when global civilization was going to be turning possibly its biggest corner ever. The message of Crypto, to most people, was cryptic and thus belonged to the times. Interesting that the innovator of this hi-tech instrument (a Japanese national) disappeared rather soon after its inception (never to be heard from again).

    Crypto goes counter to the world’s conversion toward renewables and better husbanding of resources. The digital currency relies on massive banks of servers that demand extreme amounts of energy for data exchange and maintenance and a huge supply of water for cooling purposes. It’s obvious there cannot be any stoppage in the flow of these resources!!!

    By coincidence, cryptocurrency was being discussed yesterday on CBC Radio. I was struck by the news that investors recently had taken a huge hit when two-thirds of Crypto’s entire assets were lost —- $2Tn out the market total of $3Tn!!! Perhaps the collapse of FTX cited at the top of the article was part of this major blankout The coolant suffered leakage and things got ‘fried.’

    Am now reminded of the quick disappearance of the Spanish air control tower guy on the shift at the time the Malaysian airliner MH-17 was shot down while flying over Ukraine in 2014 (?) during the fighting between the Ukrainian military and the separatist rebels in the eastern provinces. All passengers and crew lost their lives.

    I never found out why an airliner was flying over the middle of a war zone. During that entire year, which included a lengthy multi-national investigation into the disaster, never again did I hear mention of that control tower operator.

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