Call Me Stormy

Finding righteous currents in turbulent times

Lake Lawsuit: A Real Banger

Kari Lake’s lawsuit is a banger and so is Sam Bankman-Fried’s indictment! The Securities and Exchange Commission is not giving him a break and that’s a good thing. More from RedPill78.

There are actually three different outfits bringing charges against FTX cryptocurrency dealer Sam Bankman-Fried — the Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC) and the Southern District of New York Attorney General’s Office (SDNY). Here, Robert Gouveia, Esquire, gives us details on the specific charges enumerated against Bankman-Fried.

He was arrested in the Bahamas the day before he was scheduled to address the U.S. House Financial Services Committee. Instead, the committee heard from FTX’s new CEO, John J. Ray III, who  testified on the firm’s colossal downfall, involving billions of dollars in lost investor funds. The committee chairwoman, Maxine Waters, did not blow any kisses toward Ray as she had previously done when Bankman-Fried appeared before Congress.

Interesting enough, Gouveia also covered the Kari Lake court filings. He says Tuesday’s hearing wasn’t so much of a bombshell, more about setting dates for future hearings. He believes, though, we could see some genuine fireworks ahead of Christmas.

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