Sam Bankman-Fried's parents had a big family ties within government politics. Sam's mother was a law professor going by the name Barbara Fried and is also a co-founder of Mind to Gap which is a left-wing super pack that is dedicated to helping Democrats win elections. His father is also a tax scholar who was teaching at Stanford law and he was lobbying the Democrats through charity and regulations. You might be wondering how come FTX was not caught before the company collapsed, it think is because of his political tiles where a lot of his money was getting donated and he is the second largest Democratic donor in the past.
He happened that he had graduated from MIT and created the business with Carolina who is the daughter of MIT economics. Gary Gensler was also a former professor of economics at MIT and the father Carlina was his boos. Right now, we have a lot of connections going on which lead to many complicated things. No one has gotten any justice and it appears that many companies are looking for their money due to the FTX collapse. BlockFi is only not just withdrawing, they are also going to file for chapter 11 bankruptcy just like FTX.
Another conspiracy about FTX was that they were not created to help with leverage but they were created to because they were able to find Alameda research. It is recently reported that Alameda research was buying tokens because they were been launched on the FTX exchange platform. You should know that if any was listed, it will pump so Alameda was making huge profits based on information gotten from FTX. Bank in 2018, Alameda research was raising funds from investors promising a 15% return with no risk. They promise a high return with no risk but that is ridiculous because no business will offer high returns with no risk. The high return with no risk was a huge red flag.
Sam has been posting some strange tweets recently, starting will what and trying some bunch of letters. Whatever is happening with Sam Bankman-Fried is very weird. It is even strange because it is possibly the same week world war 3 is trending on Twitter. I do not know whether he thinks he can keep all this conspiracy forever but there is no way he wouldn't know that this will at some point come to an end.
https://twitter.com/special78122/status/1593284389982674944?s=20&t=_Y-GAc84iqZO-Vk1t1LH-g
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