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by binarray2000 1308 days ago
I’d say that Madoff was a Ponzi Scheme. It seems, what Bankman-Fried et al have pulled off was more of stealing other people’s money and probably washing money, both for political purposes. They have donated other people’s money to Dem’s and have paid visits to the Biden White House. And, considering how billions have been sent to one of the most corrupt countries in the world (Ukraine; according to Transparency), I am not the first one to think that probably some of that money was laundered and used for elections or even for personal gain. It wouldn’t be the first time (Hunter’s “Laptop from hell”).

(I am not an US American. And I don’t care for either the Democrats nor the Republicans.)