NewsChaserDC Profile picture
Dec 9 17 tweets 8 min read
Anyone following the money-election-geopolitical timeline? Campaign finance reform is a house on fire.

#FTX #Afghanistan #UkraineWar #usmidtermelections2022 #CampaignFinance
#FTXbankruptcy

The timeline is eye opening.
May 2019 - Former Wall Street trader Sam Bankman-Fried and ex-Google employee Gary Wang founded FTX, the owner and operator of FTX.COM cryptocurrency exchange.

No notable activity until July 2021 when $900 million funding round valued FTX at $18 billion.
November 6, 2020 Election Night - Arizona called for the two low polling Democrats in 2020 Presidential election by Fox News, touted by an NPR article as ‘a bold move’.

npr.org/2020/11/19/936…
Jan 6, 2021 - Certification of a contested POTUS election. Electoral College cert cannot occur w/o a popular vote count established in winner takes all states, like Wisconsin & Michigan. The electors chose Biden & were certified on Jan 6, 21 despite pending challenges.
July 6 2021: US Troops pull out of Bagram Airfield in Afghanistan

July 20 2021: $900 million investment from SoftBank Group Corp (incl Sequoia Capital) to FTX.

August 6 2021: Taliban takes control of first Afghan province.

August 15 2021: Taliban takes Kabul.
July 22 - FTX offered a partial bailout of bankrupt crypto lender Voyager Digital. Voyager called it a "low-ball bid".
Aug. 19 - A U.S. bank regulator ordered FTX to halt "false and misleading" claims it had made about whether funds at the company are insured by the government.
Nov. 2 - CoinDesk Alameda Research rpt leak Bankman-Fried's crypto trading firm heavily dependent on FTX's native token, FTT.

Nov. 6 - Binance CEO Changpeng Zhao said his firm would liquidate its holdings of FTT due to unspecified "recent revelations".

fortune.com/crypto/2022/11…
As fundraising commenced w FTX just prior to withdrawal fr Afghanistan, Ukraine conflict escalated w Congress swiftly doling out US treasury aide to Ukraine & along w private fundraising.

shorturl.at/euD45
Nov. 7 - Bankman-Fried said "FTX is fine. Assets are fine".

Nov. 8 - US 2022 Midterm elections where Republicans are projected to take back from trim of Senate in a so-called Red Wave.

Doesn’t happen that way. amp.cnn.com/cnn/politics/l…
Also on Nov. 8 - Binance sd it planned to acquire FTX.

Nov. 9 - Binance decided against pursuing a nonbinding agreement to bail out FTX.

Nov. 10 - FTX suspended on-boarding of new clients as well as withdrawals until further notice

Meanwhile, the FTX exchange is pillaged.
Nov. 10 - Bankman-Fried told staff in a memo that he was seeking a capital. Reuters reported Bankman-Fried rescue package of up to $9.4 billion for FTX.

Nov. 11 - Chapter 11 for FTX, Alameda Research & nearly 130 other affiliates. Bankman-Fried resigns as CEO.
Nov. 12 - Reuters reported at least $1 billion of customer funds have vanished from FTX.

Nov. 12 - FTX said it had detected unauthorized transactions. Blockchain analytics firms estimated outflows between $473 million and $659 million in "suspicious circumstances".
Investigations reveal FTX connections to US Midterm Elections. amp.theguardian.com/technology/202…
#FoxNews credibility is beyond reproach calling AZ for Biden on Election Night 2020 blazing the trail for other outlets to follow suit, but then a conspiracy peddler regarding Ukrainian FTX investments which funded mostly DNC candidates anticipating major losses?

#NarrativeFail
@threadreaderapp please unroll

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with NewsChaserDC

NewsChaserDC Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DCNewsChaser

Dec 9
Fiction author Stacey Abrams statements like 👇 continue to reveal something is off w her perspective. Her denialism is not compulsive, but pathological.

Constituents will abide compulsive lying, but pathological denying triggers major warning signals.
shorturl.at/mETZ5 Image
Our leaders need to be more pragmatic than ambitious. They must maintain a firm footing in reality, while employing the skill of rhetorical craft to navigate the treacherous waters of influence among the few and the many. Ambition, a vision & laser focus are not enough.
Abrams Reality☑️: you made it to the finish line both times, you just didn’t win bc you blew off your prospective constituent supporters in favor of larger ambitions. In local/state races, you‘ll never come back from it. Question remains: was it really just about the money?
Read 5 tweets
Dec 6
The market has spoken. Are print news media listening?

A new marketing strategy using their print platform to amplify stories that target big tech corruption and monopoly on information would be helpful.

#EditorsChoice

rollcall.com/2022/12/06/big…
A coordinated effort to research, investigate and report on the very issue gibing rise to their opposition.

A few well placed, well timed expose installment pieces on how tech throttles news coverage.
They should also negotiate w product and service providers to only publish coupons on print media, especially in rural and lower income communities.

A more aggressive approach would be to employ this exclusivity in urban areas. If subscription fees increase, discount ad fees.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(