4min chapter

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Michael Saylor | PBD Podcast | Ep. 212

PBD Podcast

CHAPTER

Did Madoff Give a Billion Dollars to the Democrats?

Michael Kinsman: San Baguin-Frieden FTX was an illegal exchange. He says the founders were manipulating error tokens and running an unregulated exchange. They weren't good traders, he says; they were goofballs. But that didn't stop them from taking billions of dollars in loans to run up their account books with fake collateral, which is what made it possible for him to make so much money on his own.Kinsman: It would have been decades before Sam Bankman's crimes were exposed.

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