Another suspicious aspect of #FTXGate: SBF raised billions from top tier VC funds despite chaotic if not totally non-existent financial records and many obvious red flags surrounding its operations. I think this could be a potential indication of CIA involvement. Brief 🧵:
First bankruptcy court filing by FTX's new CEO identifies welter of insane issues within the company and Alameda. Much of this would've been clear to VCs. What's more, fundraising proposals submitted to these firms consisted of crap self-authored excel spreadsheets. 
Some interpret VCs still investing despite this as sign they bought into media-created mythos surrounding SBF. I'm not so sure. VCs might not always make good investments but their due diligence is usually very strong indeed, and this stuff would typically make them run a mile.
It's often forgotten for example that Theranos failed to generate much VC funding (and only then from lesser players) as they refused to disclose how their tech worked (because it didn't). Same with WeWork, as VC firms knew it was a crap idea with huge risk of failure.
This suggests FTX's backers had faith for other reasons. Now, bear in mind the CIA's VC wing, In-Q-Tel, is highly influential. Each dollar it invests in a small business typically is matched by at least $15 from elsewhere. And it doesn't always disclose what it invests in.
FTX's financial opacity, 134 shell companies, and now missing employees (if they ever existed), makes company resemble a front for something. And you don't operate as it did for years and get away with it without someone or something powerful vouching for you along the way.
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