While it is no secret by now that Joe Biden played key role behind his scandalous son Hunter Biden’s dirty-deals with Ukrainian companies, none of the so-called mainstream media outlets are uttering a word about the secret connections between Hunter Biden and fraudulent crypto venture FTX.
It may be mentioned here that when it comes to Ukraine, Democrats at the highest levels are also immensely skilled at burying embarrassing stories. In December 2015, Joe Biden coerced Kiev’s then-leader Petro Poroshenko into firing prosecutor general Viktor Shokin as a condition for the US underwriting a US$1 billion IMF loan to Ukraine.
“I’m going to be leaving here in six hours. If [Shokin] is not fired, you’re not getting the money”, Joe Biden threatened.
With Shokin’s firing, the experienced lawyer’s ongoing probe into the energy giant Burisma, which was having business relations with Hunter Biden and the ‘Big Guy’ (which actually is Joe Biden) ended as well. Which meant that Burisma’s most famous board member, Hunter Biden, then-US Vice President Joe Biden’s son, eluded official scrutiny.
Now, a politically connected crypto-billionaire Sam Bankman-Fried, who used a secret financial “back door” to fleece customers of ungodly sums of money has become the latest character in the saga of shady US aid to Ukraine. And though the collapse of his FTX firm is front page news, mainstream outlets are studiously avoiding the Ukraine angle.
The Aid for Ukraine webpage has now been deleted, but can still be accessed via the Internet Archive. Until very recently, it encouraged visitors to “help Ukraine with crypto” and pleaded, “don’t leave us alone with the enemy”.
The site featured promotional quotes from an assortment of Ukrainian government officials and bitcoin bros—among them, FTX’s founder.
Mykhailo Fedorov, Ukraine’s deputy Prime Minister, and Minister of Digital Transformation of Ukraine, thanked “the crypto community” for funding the purchase of helmets, bulletproof vests, and night vision devices. For his part, Sam Bankman-Fried declared himself “incredibly excited and humbled” to “support crypto donations to Ukraine”.
The last available Internet Archive capture of Aid for Ukraine” took place on the afternoon of October 26, 2022. Throughout the webpage’s existence, the Internet Archive captured multiple snapshots of it weekly. This clearly indicates the page was purged by Kiev in late October, several days before the FTX crisis initially broke out.
Once it was deleted, the Ukrainian government created a standalone website on November 1, 2022 to promote the endeavor. The page was identical, and quotes from Sam Bankman-Fried, and references to FTX’s involvement and its logo, remained in place until the morning of November 15, 2022.
Sam Bankman-Fried channeled millions to Biden through “stealth” PAC
Though FTX has been accused of serving as a money laundering vehicle for the Democratic Party, concrete evidence supporting this claim has yet to materialize. But given Sam Bankman-Fried’s background as one of the most prolific donors to the Democrats, and the role he played as a nexus between party power-brokers and the cryptocurrency sphere, the allegations are understandable.
Sam Bankman-Fried is the son of Stanford law professor Barbara Friedman, founder of a shadowy Super PAC called Mind the Gap which quietly channeled millions to Democratic party candidates, primarily from nameless Silicon Valley investors.
Hunter Biden receives millions from Sam Bankman-Fried
It has already been reported in the media that Sam Bankman-Fried, taking undue advantage of his bail has sent around 570 Ether worth US$684,000 to a Seychelles-based exchange and Ren Protocol’s Bitcoin bridge on December 28, 2022, suggesting that he attempted to cash out the funds. All the Ether tokens from Bankman-Fried’s public address were sent to an address created just a few hours before the first transaction.
The newly-created wallet received over 100 additional deposits from different addresses, including transfers totaling US$367,000 from 32 addresses linked to Alameda Research.
Pseudonymous DeFi analyst BowTiedIguana tweeted that in less than four hours, 570 ETH was sent to various destinations, including “a no KYC exchange based in the Seychelles” and to the Bitcoin network via Ren Protocol.
The analyst noted that “3 tranches of 200k USDT were also sent from the SBF-linked wallet to the FixedFloat exchange”, urging authorities to look into the deposits.
Sam Bankman-Fried has been on house arrest at his parents’ California residence since December 22, after making a US$250 million bail. BowTiedIguana also noted that spending over US$1,000 may violate Bankman-Fried’s release conditions.
A source claimed, a family member of Sam Bankman-Fried was having connections with a “member of Biden family”, while it is highly anticipated that it might be Hunter Biden.
