FTX Crypto Crashed & Burned BIG Like Midterm Red Wave 2022
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  • 11/18/2022

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What the FTX Crypto Crash? What do the FTX crypto crash, the 2022 midterm’s “red wave” and election irregularities have in common? There is a lot more than meets the eye! In this article, we will look into this recent controversy and how it interrelates to the previously mentioned and beyond. We will start with […]

What the FTX Crypto Crash?

What do the FTX crypto crash, the 2022 midterm’s “red wave” and election irregularities have in common? There is a lot more than meets the eye! In this article, we will look into this recent controversy and how it interrelates to the previously mentioned and beyond. We will start with election irregularities.

Regular Irregularities, an American Tradition

Election irregularities are nothing new in the US of A, there are documented election issues going back to the founding of our country. The election on November 4, 1796, was the first contested election on record, though the country was in a vastly different reality than today, the contention served as a looking glass into the future. Tipping my hat to the recent SCOTUS ruling in regard to 2nd Amendment rights, I went looking through this early lens of two-party politics.

“They are likely, in the course of time and things, to become potent engines, by which cunning, ambitious, and unprincipled men will be enabled to subvert the power of the people and to usurp for themselves the reins of government, destroying afterward the very engines which have lifted them to unjust dominion.”

George Washington

Nearly a century later, following the bitter division of the Civil War, Washington’s prognostication rang true with ambitious, unprincipled men acting to subvert the people’s power. In 1876, a decade after the U.S. Civil War, Rutherford B. Hayes, a Republican, ran against Samuel Tilden, a Democrat, in a deeply contested presidential election. Hayes and Tilden were practically tied towards the end of the election, with one only leading by a single electoral vote. The end result was that the US Congress of that time appointed Hayes the winner, a decision made in a seditious backroom deal yielding incalculable future consequences in political ethical decline.

Higher the Stakes, Lower the Bar of Acceptable Conduct

The stakes grew higher in US politics as the bar set for acceptable conduct continued to drift lower over the forthcoming years, decades, and centuries. Blistering reminders of the steady decline could be seen in subsequent elections. In the late 1800s and early 1900s, violence and other forms of coercion were not uncommon, with practices such as the Australian ballot system where parties printed and collected their own ballots. Some instances included people being persuaded or bribed while waiting in line to vote, or other cases where people were given alcohol as a social lubricant to sway political opinions on election day.

Taking a quantum leap into the future at the close of the 20th century, a person might hope that the people of this country had grown wiser, that those elected to represent them had somehow evolved or matured. Unfortunately, the only thing that had evolved were the tactics used to manipulate situations, confuse any semblance of reality, and divide the people. A prime example of this can be seen in the Bush/Gore Election of the year 2000, where Florida was center stage for a highly contested Presidential election. 

“Although Gore had won the popular vote by roughly a half-million ballots, the all-important Electoral College count from the other 49 states (and District of Columbia) was so close that whoever won Florida would be the overall winner.”

Ron Elving, NPR.org

This resulted in Gore first issuing a concession to the supposed loss, then retracting it and eventually demanding a recount in Florida that ultimately failed.

Spin for the Win, “The Safest, Most Secure Election of All Time”

Despite the current leftist narrative in regard to election integrity, namely “The Big Lie” ( the safest, most secure election of all time ), many Democrat political figures have difficulties keeping their stories straight when it comes to the election. Can you imagine keeping a straight face while claiming election integrity issues do not exist when Republicans find them, while simultaneously decrying potential election issues whenever Democrats lose? Was Hillary Clinton shy about alleged election interference in 2016?

I am old enough to remember her and the entire Democrat Media Industrial Complex unanimously attacking Donald Trump over the allegation he was in cahoots with Russian operatives set to overthrow American democracy as we know it. The Russiagate conspiracy theory was perpetuated throughout Trump’s presidency, until being disproven in a recent Federal Grand Jury indictment by John Durham.

Michael Sussmann told the FBI in 2017 that he was acting independently when he first made the Alfa Bank, Trump Russia collusion claims. Durham revealed that Michael Sussmann’s firm, Perkins Coie, reportedly billed his labor at Alfa Bank to the Clinton campaign. Clearly, the Russiagate scandal was created by the Hillary Clinton campaign, interfering with the 2016, 2018, and 2020 elections with a widespread false media narrative. Hillary Clinton is not alone in speaking of election interference, many other Democrats have discussed problems with voting machines and other election manipulation.

What in the FTX was Hillary talking about? She is clearly trying her hardest to make it seem like Trump was a Russian plant!

Failing to keep their narrative straight

Some recent examples of Democrats failing to keep this narrative straight, besides the FTX crypto scandal, can be easily identified in the following statements.

“I think many of these laws, especially those that end the bipartisan counting of votes, are intended to seat people who lost the election. If Herschel Walker wins in Georgia because all the Fulton County votes got thrown out, that’s not a legitimate election.

“It’s all circumstantial, but I think at some point you got to listen to what Donald Trump and his allies are saying. They don’t believe that Democrats can ever win legitimately, and they’re prepared to go to extraordinary measures to throw out a Democratic win.

“I’m very worried the changes in these laws will ultimately result in a loser being declared a winner.”

Sen. Chris Murphy (D-Conn.).

“If you start having local or state certification agents start overruling actual votes. That’s when things quickly move into the illegitimacy area.”

Sen. Martin Heinrich (D-N.M.)

“Our democracy is in a 911 state of emergency, and I’m going to keep fighting for us to put the fire out,” said Warnock.

“If officials were to disregard the vote count, a legitimate vote count, I can see the argument that the result would be illegitimate. Some of the most frightening aspects of some of the voter suppression laws are not only blocking access to the ballot box, but then actually discounting the recording [of] the count of the vote.”

Sen. Richard Blumenthal (D-Conn.)

Diving Deeper into Democrat Election Concerns

An older instance of Democrats issuing concerns about elections revolves around the safety of electronic voting machines. Congress members Warren, Klobuchar, Wyden, and Pocan investigated vulnerabilities and shortcomings of election technology and industry with ties to private equity. A couple of years later, Elizabeth Warren even made it part of her presidential campaign.

  • Warren’s election reform proposal includes standardized federal election rules,
    • increased federal oversight of elections,
    • Including a constitutional amendment guaranteeing voting rights.
  • Warren estimates her plan would cost $20 billion over 10 years, to be generated from increased taxes on the wealthy.
  • Warren’s plan includes the federal government replacing every voting machine in the country.
  • She would have federal authorities supervise federal elections in states that do not follow federal rules.

Ron Wyden even spoke on the dangers of paper ballots, suggesting that audits are essential to secure American elections against foreign hackers in the video below.

What the FTX is Going On At the Polling Place

Project Veritas just broke another massive story about election interference, this story takes a page out of previously mentioned tactics used in the late 1800s. People were recorded telling voters waiting in line who to vote for at polling places. The incident took place in Pennsylvania with the highly contested Mehmet Oz vs John Fetterman Senate race at stake, voters were literally handed instructions on how to vote democrat while waiting in line. The video below says it all, hats off to the Veritas team for bringing this to light.

Kari Lake has been facing similar irregularities in Arizona, where her opponent Katie Hobbs is actually in charge of the state’s elections. Some Arizona voters report that polling places had multiple voting machines that were broken or dysfunctional, with others claiming that the voting machines present were not taking republican votes (Maricopa County 20 percent of the 223 voting centers had machines that were malfunctioning). While the vote count in Arizona was first projected to be completed last Friday, it has since been announced that the count will go on for an undetermined amount of time.

Late-Night Democrat Gains

One anomaly that persisted in 2022 from 2020 was the mystery of late-night vote gains for Democrats, a recurring incident that just never happened for Republican vote counts. Mike Lindel has been at the forefront of trying to figure out what exactly happened in the 2020 election, studying in depth the various data people have been able to acquire. Lindel was more than prepared to identify these events by the time the 2022 midterms came to pass, finding one recent instance of this that occurred in Georgia, with Over 100,000 Ballots Dropped In GA to shore up Warnock’s lead.

Comparing this to what was witnessed in the 2020 Election, the anomaly appears to be identical, why only sharp boosts for Democrats, why are there no such occurrences for Republicans?  

Mail in Maladies … on our way to what the FTX is going on!

A big part of the problem we have seen in recent elections leads back to the practice of sending out mass mail-in ballots, this practice heralded as a necessity during the covid crisis is very different from traditional absentee voting where people individually sign up and request mail-in ballots. This massive amount of ballots were used to stuff drop boxes across the country, this activity was tracked, cataloged, and made into a documentary by Dinesh D’Souza titled 2000 Mules.

The data used for the documentary was captured by True the vote.

“(a new Rasmussen Reports survey on the film shared with Secrets, 77% said that the movie “strengthened their conviction that there was systematic and widespread election fraud in the 2020 election. That is significant because the poll also suggested that over 20 million voters have viewed the documentary).”

Offshore Storage of Election Data, Making things Konnech

Catherine Engelbrecht & Gregg Phillips, of True the Vote, were imprisoned on October 31st for failing to reveal the identity of a third party who attended a hearing showing Konnech’s wrongdoing. Initially provided to the FBI towards the beginning of 2021, by late/mid-2022 info was given to the Los Angeles DA’s office in their Konnech investigation, resulting in the arrest of Konnech’s CEO, Eugene Yu.

It was discovered that Eugen Yu had election information stored on servers located in China, the data on the servers contained identity information of US poll workers and likely other data. Strangely enough, Yu was released less than 2 weeks after his arrest, an obvious failure within our judicial system. Thankfully, a Texas Federal appeals court released True the Vote leaders from jail, as reported by the Texas Tribune.

What the FTX?

Some other election irregularities have been found within 2022 campaign finances, flooding through on both sides of the aisle. Last week, the crypto exchange FTX folded—with Sam Bankman-Fried being placed “under supervision” by authorities in the Bahamas for potential fraud charges. However the plot is thicker than its surface suggests, recent reports also show that “Bahamian authorities ordered Sam Bankman-Fried, previously the main figurehead of the collapsed FTX exchange, to transfer hundreds of millions of dollars of crypto from FTX to a wallet controlled by the Securities Commission of The Bahamas.” So in essence Sam Bankman-Fried and the Bahamas Government are involved in the creation of a controlled demolition of FTX, pulling out funds before the collapse.

“In the 2022 election cycle alone, Bankman-Fried personally gave more than $13 million to dozens of candidates and campaign organizations of both parties. While the vast majority of the CEO’s donations were to Democrats, Salame gave nearly $24 million to Republicans.”

Key Takeaways

  • Sam Bankman-Fried conducted last week’s nine-figure FTX hack under the instruction of the Securities Commission of The Bahamas.
  • FTX has filed a motion with the court claiming the Commission’s actions were “unauthorized.”
  • The Bahamian government is now one of the world’s biggest Ethereum holders after converting FTX’s assets.

Strangely enough, FTX also has ties to Ukraine – fueling conspiracy theories about money laundering.

Mitch McConnell, tied to Bankman Fried of FTX in FEC filings, has also been called out for underfunding many Republican candidates or even completely pulling funding and abandoning certain candidates as he did in Arizona. 

“Mitch McConnell-aligned Senate Leadership Fund canceled $9.6 million in television ads for the Arizona Senate race, confident that other outside conservative groups will make up much of the difference for Republican nominee Blake Masters.”

-Stephen Miller vie Axios

We don’t know to what extent McConnell’s connection to the FTX crypto scam includes the need for his campaign finance allotments, needless to say, the entire situation is insanely suspicious, reeking of corruption.

With all this information, “Safe and Secure” are hardly how an honest person could describe the last two US elections. The attempt to mitigate discussion by culling discussion of election denial is insulting to any reasonably intelligent American. With how complex and elaborate the circumstances of our elections have become, discussion of possible impropriety has become a civic duty and should be embraced by one and all, regardless of political affiliation.

What does FTX stand for? Pandemic Prevention Policy!

As if things couldn’t get odder, it turns out that prior to the FTX crypto crash, their massive coffers of wealth were utilized to sponsor pandemic prevention policy. What follows are some excerpts from an article authored by Dan Diamond in The Washington Post on 11/16/2022.

ftx crypto scandal - lost coast populist - lost coast news
Before FTX collapse, founder poured millions into pandemic prevention© Sarah Silbiger/Bloomberg

“Harnessing the enormous wealth created by FTX, the cryptocurrency exchange that Sam Bankman-Fried had founded, they undertook a project to spend potentially billions of dollars on pandemic prevention, a long-neglected priority on Capitol Hill even amid the coronavirus crisis.”

Dan Diamond, The Washing Post

“Virtually overnight, the Bankman-Frieds began making contributions on a staggering scale: A Washington Post review of lobbying disclosures, federal records, and other sources found that the brothers and their network have spent at least $70 million since October 2021 on research projects, campaign donations and other initiatives intended to improve biosecurity and prevent the next pandemic.”

Dan Diamond, The Washing Post

What in the FTX does any of this have to do with Ukraine?

Earlier this week over at Fox News, Ashley Carnahan touched on the ever-deepening plot in regard to the FTX Crypto Scandal. Her commentary lends even further questions as to how this entire situation unfolded.

“Former billionaire Sam Bankman-Fried, founder of cryptocurrency exchange company FTX, funneled millions of dollars to Democratic campaigns, becoming one the party’s largest donors, second only to George Soros. 

“Bankman-Fried donated nearly $38 million during the midterm cycle, according to Federal Election Commission data. His company also reportedly set up a website, Aid for Ukraine, to raise funds for Ukrainians amid the ongoing war against Russia. The initiative was powered by the Ministry of Digital Transformation of Ukraine, FTX and Ukrainian-web company Everstake.

“Cryptocurrency donations were sent to the National Bank of Ukraine. The 30-year-old crypto financier wrote on Twitter in early March he was ‘excited and humbled to be working with the Ukrainian Ministry of Finance and others to support crypto donations to Ukraine.'”

Fox news, Ashley Carnahan

What in the FTX does this have to do with Epstein Not Killing Himself?

A notable article released by WorldTribune lays out the entire connection to Jeffery Epstein and his infamous Loleta express airline which was used by the woke elite to sneak away from their public lives to decadent islands rumored to be the home of underaged sex orgies and potentially even worse. Indeed, connections to famous flight record attendees of Epstein Island are no less than Bill Clinton himself! Clinton is famous for his many nights of penetrating interns with his cigars before enjoying a puff, as well as famously receiving enough cranium from Monica Lewinsky to land her a lucrative career in the handbag business.

“Sam Bankman-Fried, the former CEO of FTX at the center of one of the cryptocurrency industry’s biggest scandals, had his own private jet and lived in the Bahamas in a multi-million dollar mansion with his closest circle of friends where they would allegedly have drug-fueled orgies, a report said.”

bankmanf | ftx crypto crashed & burned big like midterm red wave 2022 | lost coast populist
Sam Bankman-Fried, right, with former President Bill Clinton and former British PM Tony Blair. / Twitter

“There’s a lot of weird shit that is slowly coming out in the fallout of #FTX going bankrupt,” @gencostocks noted in a Nov. 11 Twitter thread.

Known as SBF, Bankman-Fried (whose $37 million in donations to Democrats was topped only by George Soros for the 2022 election cycle) is the son of leftists Joseph Bankman and Barbara Fried. Analysts have noted that Bankman has essentially made a career of eliminating the “cash economy” while Fried is a top Democrat Party operative.

The Ukrainian government had partnered with FTX to raise hundreds of millions of dollars to fund its war against Russia.

The Ukrainian government website detailing the partnership has been wiped from the Internet following FTX filing for bankruptcy, a report said.

Though the website – whose domain ends with an official “.gov.ua” from the Ukrainian government and was used to promote the initiative and gather donations – has been deleted, the last available archive of the webpage from October 26th revealed that $60 million had been raised. Other reports estimate the figure at $100 million, the War Room reported on Nov. 12.

SBF’s crypto exchanges FTX, FTX US, and trading firm Alameda Research filed for bankruptcy on Friday, November 11th. Alameda is headed by his girlfriend, Caroline Ellison, according to reports.

Subsequently, FTX was hit by an explained outflow of some $662 million in tokens. Ryne Miller, counsel of its U.S. division, called it “unauthorized transactions” on Twitter and said “FTX had begun moving digital assets into cold storage — wallets that are unconnected to the internet — to mitigate damage,” Fortune reported.

“Bankman-Fried secretly transferred $10 billion of customer funds from FTX to his trading company Alameda Research, according Fortune citing a Reuters report, “One source it spoke to put the missing amount at about $1.7 billion, while another estimated it was between $1 billion and $2 billion.”

Rumors that Bankman-Fried had been arrested on the tarmac at the Bahamas Airport made the rounds on November 10, with evidence suggesting that his private jet had been grounded for 40 minutes while on the way to Miami from Nassau.

On November 12, rumors pointed to Bankman-Fried having landed in Buenos Aires in the early hours of the day after Twitter users tracked the coordinates of his private jet using the flight tracking website ADS-B Exchange.

Later in the day, Bankman-Fried in a text message to Reuters, denied speculation that he had fled to Argentina, claiming that he was still in the Bahamas.

He is now reportedly “under supervision” by local authorities in the Bahamas.

A source familiar with the matter told Cointelegraph that Bankman-Fried, along with FTX co-founder Gary Wang and director of engineering Nishad Singh, as well as Alameda Research CEO Caroline Ellison, were looking for ways to flee to Dubai.

While the plan was allegedly made assuming that the United States “doesn’t have any extradition treaties” with the UAE, the nations signed a mutual legal assistance treaty on Feb. 24. As a result, U.S.-based fugitives attempting to move to Dubai will most likely be detained and sent back to the United States.

This week, Bankman-Fried’s FTX exchange went bankrupt and his net worth dropped to an estimated zero (excluding however much he is believed to have secreted away).

As Bloomberg reported, FTX lost roughly $1 billion of customer funds and the money “vanished,” causing federal regulators to look into the company. An investigation will be conducted to determine the extent of harm to clients and what laws FTX may have broken, though FTX is not based in the U.S., a move that makes it possible for FTX to skirt U.S. financial regulatory laws.

Earlier, on October 28, a cryptocurrency pioneer who had been tweeting about an alleged Caribbean “pedo” ring was found dead on a Puerto Rico beach.

Nikolai Mushegian tweeted on Oct. 28 that intelligence agencies were going to murder him.

“CIA and Mossad and pedo elite are running some kind of sex trafficking entrapment blackmail ring out of Puerto Rico and Caribbean islands,” Mushegian, a developer of blockchain-based decentralized finance platforms who wanted to end global banking corruption, tweeted at 4:57 a.m. on Oct. 28. “They are going to frame me with a laptop planted by my ex [girlfriend] who was a spy. They will torture me to death.”

Sources told the New York Post that the 29-year-old Mushegian left his $6 million beach house in the luxe Condado area of San Juan for a walk. A little after 9 a.m., a surfer off Ashford Beach discovered Mushegian’s body in the waves. He was wearing his clothes and had his wallet on him.


What in the FTX does any of this have to do with the Bahamas?

In a recent article published by Cryptobreifing.com titled “Bahamas Government Says It Ordered SBF to Hack FTX” this plot of ever-twisting complexity is taking yet another turn into the obscure.

The Securities Commission of The Bahamas has confirmed it ordered Sam Bankman-Fried to transfer the exchange’s assets to the government.

Key Takeaways

  • Sam Bankman-Fried conducted last week’s nine-figure FTX hack under the instruction of the Securities Commission of The Bahamas.
  • FTX has filed a motion with the court claiming the Commission’s actions were “unauthorized.”
  • The Bahamian government is now one of the world’s biggest Ethereum holders after converting FTX’s assets.

After ordering the FTX hack, the Bahamian agency is now one of the world’s largest ETH holders. 

Bahamas Government Orders FTX “Hack”

Bahamian authorities ordered Sam Bankman-Fried, previously the main figurehead of the collapsed FTX exchange, to transfer hundreds of millions of dollars of crypto from FTX to a wallet controlled by the Securities Commission of The Bahamas. 

The Commission confirmed it ordered the transfer in a Thursday press release. In the statement, the Commission said that on November 12 officials “took the action of directing the transfer of all digital assets of [FTX] to a digital wallet controlled by the Commission, for safekeeping.” The note added that FTX was ordered to move the assets “to protect the interests of clients and creditors.”

Robert Knight, Crypto Briefing

We will continue to keep you updated as this incredibly odd scenario continues to unfold.



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Author: <a href="https://lostcoastpopulist.com/author/arteeter/" target="_self">Ash Teeter</a>

Author: Ash Teeter


Ash Teeter is a local Humboldt artist, computer technician, and student. Ash has extensive experience in commercial/residential painting and decorating. Most importantly, Ash is a proud father, husband, and freedom-loving individual.