Disturbing Level Of Corruption Within US Government Exposed As FTX Fiasco Unfurls

How The Collapse of FTX Exposed The True Nature of Our Elected Officials

On December 2nd, 2022, representative Maxine Waters reached out to former FTX CEO Sam Bankman Fried thanking the former CEO for being candid about the collapse of FTX. The invitation to testify was not a demand or subpoena.

This was a sad day for American citizens, who had to witness one of the biggest thefts in history while there was no response or action from law enforcement officials for weeks after the collapse. With SBF and Alameda Research CEO Caroline Ellison roaming free day after day, it leaves us to question whether or not corruption is involved.

SBF’s response to representative Waters was equally as shocking, as he stated, “I'm not sure that will happen by the 13th. But when it does, I will testify.” It’s as if he has an option.

In defense of Maxine Waters, however, she did respond with the following:

“As you know, the collapse of FTX has harmed over one million people. Your testimony would not only be meaningful to Members of Congress, but is also critical to the American people. (2/3)”

“It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later. (3/3)”

But where is the action from the FBI in response to the obvious fraud that numbered in the billions? What could possibly be the reason behind the lack of action?

It’s simple… corruption.

We have to remember that SBF was the second largest political contributor to the Democratic party next to George Soros, in the last election cycle. We also know that he had appeared before congress on multiple occasion, suggesting legislative action that would allow FTX, a centralized exchange, to create an effective monopoly over the cryptocurrency sector.

And it wasn’t just politicians within the Democratic party. According to Fortune magazine, he donated equally to the Republican party, with names like Mitch McConnell being on the list of recipients of millions of dollars. Apparently the donations to the Republican party were “dark money” contributions, which are not traceable.

We can’t expect an agency of the federal government like the FBI to step in and quickly arrest SBF when so many noteworthy politicians were on the take, before the collapse played out and the scandal was exposed to the public.

For now, I think several of these politicians are making game plans on how they will spin the story before they give the green light to have SBF arrested and jailed, IF he ever is. To this date, he has completed a total of ten interviews, where several of his statements have been confirmed to be lies.

What I don’t understand is WHY we continue to elect high ranking officials that take part in corruption, in plain sight of the public. And it’s not just the elected officials. There are an equal amount of powerful cabinet appointed regulatory positions that have equally corrupt individuals wielding power (think Gary Gensler and the SEC).

Every single day that passes where we don’t see an arrest of Sam Bankman Fried or Caroline Ellison brings us a step closer to realizing that the elected officials of the United States may not be so far removed from the known corrupt government leaders of other countries around the world.

We can stand by and watch our governmental integrity continue to devolve, or we can step up and speak out. Our responsibility as US citizens requires it. Now is the time to voice your displeasure! I encourage ALL of my readers and viewers to contact the offices of your state representatives and senators to let your voice be heard. I’ll be the first to take the lead.

If we don’t speak out, we forfeit our right to complain. Take action now, for the sake of our future in cryptocurrency and all the good that it can bring.

Carlton Flowers
The CryptoPro

https://www.youtube.com/c/CryptoProCarlton