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Alameda’s Former CEO Ellison Said She, Bankman-Fried Misled FTX Lenders
“From 2019 through 2022, I was aware that Alameda was provided access to a borrowing facility on FTX.com, the cryptocurrency exchange run by Mr. Bankman-Fried,” Ellison said. “In practical terms, this arrangement permitted Alameda access to an unlimited line of credit without being required to post collateral, without having negative balances and without being subject to margin calls on FTX.com’s liquidation protocols.”
According to Ellison, “if Alameda’s FTX accounts had significant negative balances in any particular currency, it meant that Alameda was borrowing funds that FTX’s customers had deposited on the exchange.”
She said she and Bankman-Fried agreed to conceal this arrangement from lenders and crafted false financial statements to hide the amount of Alameda’s borrowing, including billions in loans made out to FTX executives.
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“From 2019 through 2022, I was aware that Alameda was provided access to a borrowing facility on FTX.com, the cryptocurrency exchange run by Mr. Bankman-Fried,” Ellison said. “In practical terms, this arrangement permitted Alameda access to an unlimited line of credit without being required to post collateral, without having negative balances and without being subject to margin calls on FTX.com’s liquidation protocols.”
According to Ellison, “if Alameda’s FTX accounts had significant negative balances in any particular currency, it meant that Alameda was borrowing funds that FTX’s customers had deposited on the exchange.”
She said she and Bankman-Fried agreed to conceal this arrangement from lenders and crafted false financial statements to hide the amount of Alameda’s borrowing, including billions in loans made out to FTX executives.
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This gentleman and his companions criticize anyone who affects their 'science'. See what this gentleman preaches that he would rather not publicly preach. What do you still think of the so called 'scientists'? Hear what he said on stage in 2019.
not exactly sure who Marc van Ranst is?
At Whiskeyhouse 🥃 he gives a pandemic marketing course here in 2019.
not exactly sure who Marc van Ranst is?
At Whiskeyhouse 🥃 he gives a pandemic marketing course here in 2019.
Media is too big
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Israel to Downgrade Covid to Flu Level on January 31
Government says it is the end of pandemic.
Government says it is the end of pandemic.
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🇧🇷 BRAZILIANS FLATTEN HAARP PLANT
E-WASTE IN THE RAINFOREST
25.12.2022
Brazilian environmental activists during the destruction of a Haarp plant located in the forest.
"HAARP" can be called an ionosphere heater, high-frequency ionosphere pump sounds a little more harmless. With such systems, the upper layers of the Earth's atmosphere are heated up, here the various layers of the ionosphere via medisphere (60 km high), thermosphere (200 km altitude) to the so-called "exosphere" (2,000 km altitude).
E-WASTE IN THE RAINFOREST
25.12.2022
Brazilian environmental activists during the destruction of a Haarp plant located in the forest.
"HAARP" can be called an ionosphere heater, high-frequency ionosphere pump sounds a little more harmless. With such systems, the upper layers of the Earth's atmosphere are heated up, here the various layers of the ionosphere via medisphere (60 km high), thermosphere (200 km altitude) to the so-called "exosphere" (2,000 km altitude).
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