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Secret Back Channel Between FTX and White House Closed the Day After FTX Filed for Bankruptcy

Secret Back Channel Between FTX and White House Closed the Day After FTX Filed for Bankruptcy

The back channel connecting Biden's White House with Sam Bankman Fried was closed the day after they declared bankruptcy.
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There was a back channel created by a liberal activist, a close advisor to Bankman-Fried named Sean McElwee. The day after FTX’s CEO, Sam Bankman Fried was indicted, the back channel on Slack was shut down. McElwee was the founder of “Abolish ICE” movement and in 2018 founded Data for Progress, a progressive think tank. He opened a Slack channel that allowed him to communicate with the White House as well as FTX.

We know that Biden sent billions to Ukraine and we know that Ukraine invested with FTX and that FTX became the second leading donor to the Democratic party. Maybe they were actually the largest contributor and they were actually laundering money to pay off Democratic and RINO members of congress. I have no proof that they did, I am just speculating that it may have happened, especially since Democrats were singing the blues about not having enough money but finished up spending untold millions just before the election.

The far-left Washington Post reported on March 3 that Ukraine was dealing in crypto.

The Ukrainian government has gathered more than $42 million in cryptocurrency donations since Saturday, plus digital artwork including a limited edition worth roughly $200,000, according to blockchain analytics firm Elliptic. The challenge is how the country cashes in on these assets to fund its war needs.

Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Finance and other communities in collecting crypto donations for the country. The Ukrainian government has received over $60 million in crypto donations from all over the world.

FTX’s CEO, Sam Bankman Fried highlighted that the war in Ukraine has been dragging on. The country is in full need of humanitarian help and access to global financial infrastructure. He also called attention to sanctions and crypto during this kind of situation. He indicated that crypto exchanges should enforce sanctions announced by the government seriously.

Now we’ve learned that FTX and the Biden White House participated in a back channel that was closed the day after FTX went bankrupt.

From Politico

This all came from a report at far-left Politico.  They reported on Thursday that Democrat operative and close advisor to Bankman-Fried named Sean McElwee had a direct backchannel setup with the White House.

McElwee is a well-known progressive activist who started the “Abolish ICE” movement and in 2018 founded Data for Progress, a progressive think tank with an emphasis on influencing public policy through polling. DFP quickly embedded itself into the top layers of the Democratic firmament. More recently, McElwee became a close political ally and adviser to FTX founder SAM BANKMAN-FRIED. (They were connected through Shor, according to a friend of both men.)

McElwee had easy access to the White House and the press. And he made sure they had access to him. He kept an open Slack channel at DFP that became a rolling conversation between McElwee, Biden administration officials and some well-known reporters — a kind of JournoList for the early 2020s.

On Nov. 12, the day after FTX filed for bankruptcy and SBF resigned as CEO, McElwee abruptly shuttered the Slack channel. Six days later, he and Data for Progress began negotiating his exit from the firm he had built.

Sources at DFP insist that this would have been highly unlikely, and that their polls had a GOP bias because of an oversampling of respondents via SMS. In the wake of this, DFP recently adopted a previously unreported “Gambling and Wagering Policy” that prohibits employees from betting on anything related to DFP projects or clients.


  • Steven Ahle

    My investigation into a DHS program that instructed law enforcement to treat Christians as terrorists won me the 2014 CJN Journalist of the Year award. Here is a video of Glenn Beck reading my article on his program: I am a troll bridge. You can cross me, but you will pay a price.

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Comments 7

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  2. Ron C says:

    That is just the way the democrats have always scammed the taxpayers, and the taxpayers keep vote democrat…. So, the must like being scammed out of their hard-earned money? The lord knows the authorities will never stop the crime!

  3. Ted says:

    He closed the back channel and threw ftx under the bus right after his final kickback payment cleared his offshore accounts….

  4. Leftshot says:

    It is called bribery. One of two named crimes that requires impeachment according to the Constitution. And for good reason. As we see here bribes are used to get the government to act in the interest of foreign governments, corporations, and criminals, not in the interests of U. S. Citizens.

  5. Mike Wilson says:

    The Anti-American Communists that call themselves Democrats are destroying The United States with their policies and actions. The Democrats and RINO’s are guilty of treason by cheating the US. Taxpayers for their own gain. The biden regime is guilty of aiding and abetting human trafficking and drug smuggling by its open border that they are lying to our face over. The 3 letter alphabet soup group agencies are nothing more than Democrats Gestapo at this point.
    This is the government The Founding Father’s warned us about. They are not following their oath of office to support The Constitution and the United States.

  6. Drosack says:

    What secret? If I know about it…

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