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Dec 7 - maxine waters.......wont slap sam bankman fried with subponea



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 2 months ago '09        #1
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messy marv stan  topics gone triple plat - Number 1 spot x93
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Dec 7 - maxine waters.......wont slap sam bankman fried with subponea
 

 
visit this link https://www.cnbc.com/2022 .. -collapse.html


House Financial Services Committee Chair Maxine Waters told Democrats she doesn’t plan to subpoena former FTX CEO Sam Bankman-Fried to testify at Tuesday’s hearing about the crypto exchange’s rapid demise, according to people with direct knowledge of the conversation.

Waters informed committee members of her decision at a private meeting Tuesday with Securities and Exchange Commission Chair Gary Gensler on Capitol Hill, these people said, declining to be named in order to speak freely about private conversations.

Those at the meeting say Waters said she wants committee staff to try to convince Bankman-Fried to voluntarily testify, those with knowledge of the meeting said. As of late Wednesday, Bankman-Fried has yet to agree to voluntarily testify to the House committee, two of the people explained


Waters, who will lose the chair title when Republicans take control of the House on Jan. 3, could end up deferring to Rep. Patrick McHenry, R-N.C., the panel’s top Republican and likely next chair, to decide whether to subpoena Bankman-Fried in the next congressional session if the FTX founder declines to voluntarily testify under oath next week.

Bankman-Fried has been under scrutiny by federal investigators and lawmakers on Capitol Hill since his cryptocurrency exchange suddenly collapsed last month, bringing to light a host of questionable transactions. Senate Banking Committee Chair Sherrod Brown, D-Ohio, announced that his committee will hold a hearing on FTX’s implosion on Dec. 14. The company’s crash arrived after FTX reportedly transferred billions of dollars in client funds to Bankman-Fried’s trading firm, Alameda Research.

Waters invited Bankman-Fried to voluntarily testify before the panel and could always change her mind and subpoena him before Tuesday. A committee spokeswoman declined to comment. The committee and Waters tweeted in response to this story that a subpoena for Bankman-Fried is “is definitely on the table. Stay tuned.”

Bankman-Fried tweeted his answer to Waters, saying he felt it was his “duty” to explain what happened, although it might not happen next week. John Jay Ray III, the new FTX CEO, is scheduled to testify at next week’s House hearing.

“Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain,” Bankman-Fried said. “I’m not sure that will happen by the 13th. But when it does, I will testify.”




Bankman-Fried’s fall from grace was swift and unforgiving after spending years as the crypto “darling” on Capitol Hill. He donated almost $40 million toward the 2022 congressional midterm elections, with much of it going to Democrats.

Nishad Singh, who became FTX’s lead engineer in*2019*following a stint at Bankman-Fried’s trading firm Alameda Research, has donated more than $13 million to Democratic Party causes since the start of the 2020 presidential election.

Ryan Salame, the co-CEO of FTX Digital Markets, donated another $23 million, with most of his contributions benefiting Republicans
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32 comments
 

 2 months ago '11        #2
Sin  topics gone triple plat - Number 1 spot x59
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We’ll see how well his investments paid off

Will those investments keep him out of jail?
+8   

 2 months ago '17        #3
Berr 
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Is she the only one who can do it?
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 2 months ago '17        #4
cabeast93 
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Any coincidence that he’s Jewish?
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 2 months ago '05        #5
bklyn 
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Another L for these politicans. Why they not locking up this fraud and ponzi scheme guy? They not even gonna subpoena him lol
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 2 months ago '18        #6
illicit lee  topics gone triple plat - Number 1 spot x10
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 Sin said
We’ll see how well his investments paid off

Will those investments keep him out of jail?
Ment to prop my bad
+1   

 2 months ago '06        #7
bigkilla  topics gone triple plat - Number 1 spot x2
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Honestly all the corruption in the last few years just shows how full of sh*t these politicians are.

Trump schemed his whole career and had the republicans bowing to him.

That Robinhood dude tied with Citadel and sh*t schemed and they just zoom call him with him smirking the whole call

This dude steals billions upon billions and shuts them down publicly on social media for everyone to see and they all keep their mouths shut because he donated to them.
+9   

 2 months ago '22        #8
Voodoogeddon  topics gone triple plat - Number 1 spot x6
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Imo bankers took down ftx and they don’t want no deep investigations because politicians is involved too prolly all the way up to president
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 2 months ago '17        #9
Berr 
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 bigkilla said
Honestly all the corruption in the last few years just shows how full of sh*t these politicians are.

Trump schemed his whole career and had the republicans bowing to him.

That Robinhood dude tied with Citadel and sh*t schemed and they just zoom call him with him smirking the whole call

This dude steals billions upon billions and shuts them down publicly on social media for everyone to see and they all keep their mouths shut because he donated to them.

It's what happens when corporations are given more rights than citizens.
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 2 months ago '21        #10
Imheretolaugh 
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man scammed billions, not even a subpoena. we dont have the same rules and the ppl are ok with that.
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 2 months ago '22        #11
MONEY WORLD 
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Waiting for the BX DNC Cheerleaders to explain this...


Last edited by MONEY WORLD; 12-08-2022 at 10:54 AM..
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 2 months ago '06        #12
bigkilla  topics gone triple plat - Number 1 spot x2
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 Berr said
It's what happens when corporations are given more rights than citizens.
But these citizens still run the corporations.

Watters didn't let FTX off the hook. She specifically let Sam off the hook while he openly clowned her on Twitter.

Top 10 most slapped recently  2 months ago '17        #13
Ymmot  topics gone triple plat - Number 1 spot x5
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 Sin said
We’ll see how well his investments paid off

Will those investments keep him out of jail?
Nah, dude going to prison for sure, it's just a matter of how long. I don't think they need to subpoena him; they're gathering evidence from all these press appearances this idiot is stupidly doing. If he was smart he would keep his mouth shut. The public testimony is allowing the DOJ to build a case quietly.
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 2 months ago '10        #14
IITHUNDABR3ADII 
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 bklyn said
Another L for these politicans. Why they not locking up this fraud and ponzi scheme guy? They not even gonna subpoena him lol
His family gives money to Dems out in the open and possibly to Repubs on the down low.

He is going to walk free or get a nothing-sentence

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 2 months ago '12        #15
acefresh 
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Literally a house you know what
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 2 months ago '19        #16
zzxxccvvbb 
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 Sin said
We’ll see how well his investments paid off

Will those investments keep him out of jail?
Low-key covered his a*s with Republican donations too
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 2 months ago '17        #17
Its 
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Kid gloves on tight I see

 2 months ago '04        #18
ItAlY2BkLyN 
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Maxine been super friendly with SBF. You know damn well she was paid off. That's probably were a portion of his $40M or whatever donation to the Dems went.
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 2 months ago '18        #19
beermoney 
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 zzxxccvvbb said
Low-key covered his a*s with Republican donations too

Like 5 bucks. It was all to Dems.

Which is smart since theyre running the show now.

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 2 months ago '19        #20
zzxxccvvbb 
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 beermoney said
Like 5 bucks. It was all to Dems.

Which is smart since theyre running the show now.

Look closer. He just didn't talk about the Republican donations because it's not on brand
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 2 months ago '22        #21
MONEY WORLD 
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 ItAlY2BkLyN said
Maxine been super friendly with SBF. You know damn well she was paid off. That's probably were a portion of his $40M or whatever donation to the Dems went.
What's funny is she was asked if she's going to give the money back and she flat out said no. It's certainly not out of the realm of possibility that the funds donated to Maxine Waters was money stolen from investors, but I guess she's fine with that.

I'm going on record in saying that unless she gives that money back, she's entirely discredited from ever speaking on ethics again.
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 2 months ago '04        #22
ItAlY2BkLyN 
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 MONEY WORLD said
What's funny is she was asked if she's going to give the money back and she flat out said no. It's certainly not out of the realm of possibility that the funds donated to Maxine Waters was money stolen from investors, but I guess she's fine with that.

I'm going on record in saying that unless she gives that money back, she's entirely discredited from ever speaking on ethics again.
you should tweet at her asking if she's going to give her donations back now that everyone knows it was stolen funds from investors

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 2 months ago '17        #23
Berr 
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 MONEY WORLD said
What's funny is she was asked if she's going to give the money back and she flat out said no. It's certainly not out of the realm of possibility that the funds donated to Maxine Waters was money stolen from investors, but I guess she's fine with that.

I'm going on record in saying that unless she gives that money back, she's entirely discredited from ever speaking on ethics again.
You held her ethics in high regard before?
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 2 months ago '22        #24
MONEY WORLD 
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 Berr said
You held her ethics in high regard before?
Lol no and anyone in their right mind didn't either.
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 2 months ago '17        #25
Ats  topics gone triple plat - Number 1 spot x13
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 bklyn said
Another L for these politicans. Why they not locking up this fraud and ponzi scheme guy? They not even gonna subpoena him lol
He was the second biggest donor to the Democratic party. Dude donated $40M.
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