RE: FTX Was Truly About Politics, Money Laundering and WWIII | This is What I Manged To Find About It
(Edited)
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This image is not what usually comes into mind when you think of a cryptocurrency exchange (even a bad one).
But it is accurate. FTX became the synonym of money laundering. Sam Bankman-Fried and probably Gary Wang simply stole the funds of their "customers" together. I write this, because Gary Wang is also a founder of FTX. Probably more or less, his hands are also in this.
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The entire close circle of Sam Bankman-Fried was in on this.The "Hack" was likely an inside job to make sure they have enough wealth to bribe their way out this or maybe to have as sort of a retirement plan. We have seen bigger hacks get caught. But unfortunately SBF is a buddy of law makers, child sex traffickers and politicians. There is still a good chance he would get away with a slap on the wrist.