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

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.

SBF FALLOUT ROCKS DATA FOR PROGRESS — SEAN McELWEE lives in New York — famously — but he has kept a place in Washington that he shared with his close friend DAVID SHOR for when they were in town.

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 David 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.