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Crypto Lender BlockFi Files For BANKRUPTCY, Latest Firm To Fall In FTX-Fueled IMPLOSION: Analysis

Batya Ungar-Sargon and Robby Soave discuss the $1 million donation FTX made to a super PAC aligned with Senate Minority Leader Mitch McConnell (R-Ky.) #FTX #cryptocurrency #superpack

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26 Comments

  1. This is EXACTLY what is wrong with America! All this dark money is financing bad outcomes because people like SBF can "pay-to-play" and last I checked he's still a free man even though he ruined God knows how many people. If you really want to fix America from her ails and maybe see a 3rd party or 5 – write your representatives and senators and demand "Campaign Finance Reform" and support the Supreme Court in over turning the "Citizens United" case which was a sham allowing dark money to continue financing campaigns by God knows who.

  2. Spot <on! You are getting good at being ahead of the trend. Good job man! You nailed it. Many people have lost their life savings as FTX fall but not me as I was warned by my crypto advisor Alice Rodwell of the imminent doom that was about to happen, I was able to transfer my profits of 13 bitcoin before they stop all transactions form FTX. I always say this there are different ways of earning profits in crypto market but most people believe in buying and hold for a long term, me on the other hand divide my portfolio in 2, 1/2 is to hold and the other 1/2 is for trading, using accurate signals from my advisor I have profited multiple times therefore adding more coin to my cold wallet. I also advise my friends to stop holding your coin in exchanges they gamble with your coin.

  3. The AG of the Bahamas clearly stated FTX is registered there and Alameda is reg in the US. So the US media's reporting the Bahamas have relegated bankruptcy proceedings of FTX to the US Court is 100% FALSE! He did chastise the new FTX CEO as making a power play to gain $Ms in attorney fees. I thought when reading the Chap 11 filing the new CEOs attempt to blur the "legal" separation between FTX and Alameda was done intentionally to gain control of both entities.

  4. @ 8:50 "… including here in the U.S., where we have out-of-control inflation,…." Um, Robbie, 8% (now falling) is "out of control"? Dude, you've never lived in a country where inflation is really out of control. And your libertarian litany of "causes" is equally amusing. Nothing about corporate price gouging, of course.

  5. Your claim that Silicon Valley billionaires will give to anyone in power is bull**it. If that where true they would have given money to Trump and his crew when he was president. Instead they did everything they could to oust him. You two love to cultivate this image of fair and nice but thatโ€™s not an excuse to lie.

  6. What an idiot, equating Afghanistan and India. India is the 5th largest economy in the world, third largest by ppp while Afghanistan is a failed state. Indias digital payment system is more advanced than US , even a street vendor in India uses phone based digital payments while in US people are still carrying and swiping credit cards. Get out of the bubble.

EU upset with US all about money NYT NATO weapons

EU upset with US, all about money. NYT, NATO weapons running low. Bakhmut fall inevitable. U/1

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