Topic: Nothing serious, just my own thought on the crypto crackdown. - page 3. (Read 446 times)

I often read about spoiling the USA, but one thing that keeps coming to my mind is that the world is ingrate. What the USA has contributed to the health, peace and stability of this world is unmeasurable and will never be forgotten, and if they stop today, I can assure you that the whole world will be in derision. That war you called will now be truly obvious when many countries started fighting themselves over little differences. What I know of the USA is that they've been using their riches and power mostly for the benefit of all, but there is no way there won't be excesses at times, which I believe is forgivable, and it's not even as obvious as you make it look.

I don't know what Sam's funding of politicians and others has to do with his and FTX's probe, after all, those politicians are not running the affairs of FTX. They, I believe, would have presumed Sam as a CEO of an approved multibillion dollars company. So, why should they be probed or indicted? Sam was running a dully registered company and even if he is sent to jail, it's him alone unless with any persons and politicians that connived with him in the fraudulent act, not those who merely spend the money he gave them.

People and companies will continue to fund anything or persons they want to, as long as the recipients are not involved in their direct criminality, they are good to go.

This is a strong allegation


While investigating the scam in FTX, many more revelations might have been intertwined leading to what we now see as injustice but that said, America can't stop cryptocurrency, investment is a risk, guide your assets , use decentralised exchange.


We make mistake to think that there is a perfect society. No, there is none including the American society. Donald trump is facing allegations on scandal in the past while political analyst say it is all about his second time bid for the white house job. Politics is about interest, no permanent enemies. This is across all countries of the world.

I think I buy your opinion of that of Americas action in addressing things as pertains to other nations and individuals but that does not mean that Other nation's and national can not do things freely.

As for Sam, it is unfortunate that investors lost funds entrusted to him to manage. From the looks, it is likely that he masterminded everything that has happened so as to make it look no one amongst the team is involved in the process but he forget that he is the sole custodian of the exchange as the founder and nothing could happen without his consent.

I believe that there is nothing hidden beneath the sun  and one day, everything would come to the limelight.

You're already into being sentiment with this because we are no more under the era of modern slavery anymore, everyone is independently staying on it's own, they aren't forcing you under them bit they've got what will make you be under them through their development and economic power and growth.


So what you're trying to bring out is that the US depends on people like Sam to go on scandal activities and fund their political ambitions with the loot, because am not just getting your clear point concerning this.

I really agree with what you said, that if we review and examine further how SAM seems to be able to move freely and doesn't like being under close supervision. My point here is of course that this kind of treatment does not reflect true justice when the US government is silent so that no names are leaked to the public as a result of involvement in the flow of campaign funds and politics from SAM. With clear evidence, SAM should be completely defeated but how come the news is now dim? Mastering the media does not necessarily create commotion involving many parties and indeed this confusion must be answered. The lingering unfinished cases shows that the US legal system is elusive. The controls behind the scenes are tighter than they might appear on the surface.

Crypto crackdowns aren't conspiracy theories. The government is rather candid about their plans regarding regulations.

If you want to get into the conspiracy theories, you can look at larger motives for the activists and politicians that are advocates against crypto. New World Order? Globalists instilling their agenda? Perhaps something more inauspicious is going on. What could these people gain from ensuring you and I don't have access to decentralized currencies -- presumably wealth and power.

What happened with FTX and campaign contributions happens all the time in American politics. Seemingly people are surprised that the wealthy pay off politicians through indirect donations when that's been the status quo for many decades. The average net worth of the U.S. politician is 1M+. They're not gaining this wealth through their public salary alone.

These crackdowns are always going to lead to one thing and that's all about the money that's gonna flow into these cases.
Whilst in the case of Sam, it is for sure that there have been paid politicians or milked him money not knowing that the money that FTX/Sam has paid them is the money of the people that he has robbed. While those political pockets have been fat thanks to Sam, there goes those trusting and innocent people that have lost their money.

Can't agree more! That's the case always with the US government.  


Could be one of the reasons why American government is behind all centralized exchanges. But unfortunately, US government will have to face defeat once again. Because the world have moved to a free trade zone. If one country becomes restrictive, others open up.

So if US continues to scare crypto companies, they will just shut their operations there and move to a crypto friendly country. New Innovations in crypto space will happen somewhere else than America. That's simple!

I am not a fan of conspiracy theories, but let's assume that you are correct, what is the maximum wealth that FTX can pay to US politics? According to the latest estimates, the total assets of the FTX platform had reached about 10 billion dollars at best, and if we assume that this amount was available as liquidity, even if it is completely unlikely, then it is likely that there were between one billion and 5 billion that were ready for use, even if we assume that it was Using all that money in electoral propaganda, it will not change a lot of things, it is a point in a big sea, as the debt of the United States for one year exceeds about 2 trillion and it is impossible for you to control it by 5 billion or change its political tendencies.

FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.

I don't know more about the SAM but I do had of the FTX collapse which I don't think he is free from whatever that has happened, I know how karma do take it owns nature there will be a day to reveal all those that involved in that case but saying there are some politician who are involved in it is somethings that I m not too sure of because Americans are too strike on their judgement, including their offices. If it was like the Africans then we could vividly say that something cooked and formulated agendas was used to silent the whole cases.

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.