[The Jew rat was clearly thinking ahead and was working long and hard on corrupting American politicians. So far, the ones I've come across are BLACK and he was corrupting the politicians in the Bahamas (BLACK). I think the Jew rat's Afro hairstyle might also have been a strategy. Was he focusing on Blacks? I'm just wondering. Anyway, he spent a LOT of money on corrupting all kinds of politicians AHEAD OF THE GAME. It will be most interesting to see if his investment in corruption pays off. It might well. This Democrat below is another Black politician. Jan]
Dem Rep Took Donations From Bankman-Fried, Lobbied Against Crypto Regulation
Blames SEC For FTX’s Collapse
Oh, sweet irony, how you consistently amuse us…
Today’s episode of ‘consequences are best served cold’ comes from Democratic Rep. Ritchie Torres of New York, who according the Daily Caller received $40,300 from Sam Bankman-Fried, ex-CEO of FTX, and his brother, Gabriel Bankman-Fried.
Now, Torres is calling for an investigation of the U.S. Securities and Exchange Commission (SEC) for “failing to properly regulate the crypto exchange.” He has written a letter to the Government Accountability Office requesting the probe.
This has been “Deep Thoughts”, with Jack Handey.
But just months ago, he was one of 8 members of congress to sign a letter calling into question the SEC’s authority to request disclosure of information by crypto companies.
Gabriel Bankman-Fried had donated more than $31,000 to Torres For Congress, Torres Victory Fund and the Torres-affiliated La Bamba PAC just two weeks prior, the report says.
Torres responded to the Washington Examiner earlier this month, telling the paper that he donated the cash he received from Bankman-Fried “to a local charity to assist with holiday food distributions to families in need.”
Prior to the March letter, the SEC was asking several crypto exchanges for more information about how they were managing customers deposits – information that could have obviously unearthed issues at FTX long before its blowup.
Now that FTX has made a complete fool out of Torres and other Democrats that it donated money to, Torres’ tone has changed significantly.
“The SEC chose to dedicate scarce time and resources to investigating Kim Kardashian, rather than opaque crypto exchanges, leaving many to question whether the commission is operating efficiently and apolitically and whether it has its priorities in the right place,” he wrote in his letter.
“If the SEC had done the due diligence of thoroughly investigating the financials of FTX, there would have been a greater likelihood of exposing the crypto exchange for what it truly is: a house of cars [sic] built on monopoly money printed out of thin air.”
Yeah, if only certain members of Congress weren’t questioning the SEC’s ability to “do the due diligence” in the first place…unreal.