Ep. 1265 The Biggest SCANDAL of Our Lifetime is About to Get MUCH Worse!!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 15 November 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
Highlights:
- “As Bloomberg is reporting, Bankman-Fried’s net worth has imploded, in a single day. He lost 94% of his $16 billion-dollar net worth. It is one of the biggest billionaire single-day collapses ever witnessed.”
- “It appears you have this mass money laundering scheme where taxpayer funds that are supposedly paying for weapons and aid and the like are being rerouted ultimately into Democrat politicians’ pockets! "
Timestamps:
[01:23] Who is Sam Bankman-Fried and why his company FTX went suddenly bankrupt
[03:51] Bankman-Fried’s ties with WEF and how FTX is connected to Ukraine
[07:34] On how the biggest money laundering scheme seems to be operating here
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning. |
| 0:19.0 | I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising. |
| 0:27.0 | Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come. |
| 0:39.0 | This is Turley Talks. |
| 0:49.0 | We are witnessing right before our very eyes what may be the single biggest political and financial scandal of our lifetimes, and it's about to get even worse. |
| 1:00.0 | We now know why every single Democrat in Congress is pro-Ukraine and pro-war. |
| 1:06.0 | We now know why the Democrat Party is so obsessed with Ukraine and so determined to continue to send billions upon billions of our tax dollars to their government. |
| 1:17.0 | And the reason behind it is all about to blow the roof off of DC or not. |
| 1:23.0 | Good to want to miss this. |
| 1:24.0 | Meet Sam Bankman-Freed, one of the youngest billionaires in the world. |
| 1:29.0 | He's the founder of the crypto-exchange company known as FTX. |
| 1:33.0 | FTX came on the scene in 2019, and under Bankman-Freed's leadership it quickly became a powerhouse in Democrat politics. |
| 1:42.0 | FTX spent $10 million on Joe Biden's 2020 campaign, and since then, Bankman-Freed has become one of the single biggest contributors to the Democrats, second only to George Soros. |
| 1:55.0 | According to Fortune Magazine, what's more, he had promised to spend far more on Democrats moving forward, predicting in May that he'd fund the Democrats with as much as a billion dollars for the 2024 elections. |
| 2:10.0 | But last week, without warning, FTX suddenly went bankrupt. |
| 2:17.0 | As part of their planned merger with Binance, the biggest crypto-exchange platform. |
| 2:22.0 | It was discovered during due diligence that FTX had issued a bunch of its own tokens that it valued itself and sold them to one of their biggest shareholders to artificially prop up their market value and make them appear as if they were liquid enough |
| 2:38.0 | to be an exchange outlet for crypto. |
| 2:41.0 | In other words, basically FTX appeared to have fabricated equity, literally created counterfeit money to cook the books to make FTX look far more solvent than it actually was. |
| 2:54.0 | Binance announced that they were backing out of the merger deal, investors got nervous and made a run on their investments, and FTX was forced to admit they had no money to pay investors back. |
| 3:07.0 | As Bloomberg is reporting, Bankman Freed's net worth has imploded in a single day. |
| 3:13.0 | He lost 94% of his $16 billion net worth. |
... |
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