re: SBF found guilty

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Here is the thing: that such stupidity and fraud occurred in plain sight of financial regulators IS the conspiracy.

Like the 2008 credit crisis, the revolving door that exists between Washington financial regulators and Wall Street financial chiefs is the genesis of this scandal. Banking and finance is one of the most heavily regulated industries in the nation yet this blatant money laundering scheme was allowed to proceed because it made sure it channeled money to the reigning establishment who regulate financial affairs in this nation.

This Ponzi scheme occurred only after the blessings of Gary Gensler — the chairman of the SEC. Gensler, a former Goldman Sachs executive, indeed met with Fried Bankman to discuss green-lighting a SEC approved crypto trading platform multiple times before FTX’s ultimate collapse.

Gensler himself once served as the finance chair for Hillary Clinton’s presidential campaign and likewise served on Joe Biden’s presidential transition team as an advisor for high financial affairs. Gensler is not some “faceless, nameless conspirator” but is a player who is as deeply embedded in the reigning financial and political establishment as they come.

Coincidentally, FTX was indeed chartered by Fried Bankman in May of 2019 – just a few weeks after Joe Biden announced his 2020 Presidential campaign. Like Biden’s campaign, FTX operated on smoke, mirrors and gorilla dust.