Previous FTX CEO– Sam Bankman-Fried– Admits FTX Didn’t Buy Bitcoin for Clients– Just Took Their Money (VIDEO)

Former FTX CEO Sam Bankman-Fried (SBF) let it all hang out.

The previous head of insolvent FTX confessed on video what the business made with the cash individuals provided to the business to purchase cryptocurrencies like bitcoin.

We reported on the personal bankruptcy of FTX weeks earlier. The company unexpectedly crashed and together with it the second-largest donor to the Democrat Party was completed.

BREAKING EXCLUSIVE: Tens of Billions of United States Dollars Were Transferred to Ukraine and after that Using FTX Crypto Currency the Funds Were Laundered Back to Democrats in United States

Billions of dollars were shown FTX with the belief that FTX remained in turn investing the cash in cryptocurrencies asked for by the buyer.

However, SBF shared what we now all understand currently. FTX didn’t take clients’ cash and purchase Bitcoin, it simply took the cash.

See the video in the tweet listed below.

. @SBF_FTX confesses FTX customers who believed they were purchasing bitcoin were not in fact pic.twitter.com/V9kfSX8jM3

— Tom Elliott (@tomselliott) December 1, 2022

It’s a marvel that SBF hasn’t been detained currently and tossed in prison.

The post Former FTX CEO– Sam Bankman-Fried– Admits FTX Didn’t Buy Bitcoin for Clients– Just Took Their Money (VIDEO) appeared initially on The Gateway Pundit

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