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How World Economic Forum, others are hiding their past ties with FTX
[NYP] The shocking implosion of the FTX crypto exchange has become an embarrassment for a who’s who among global elites, with some issuing mea culpas — and others apparently scrambling to hide their ties to its disgraced, 30-year-old founder Sam Bankman-Fried.Web archive sites show that the World Economic Forum — whose glitzy shindig in Davos, Switzerland, is a must-attend for billionaires and world leaders each year — had previously listed FTX as one of its "partners," touting the Bahamas-based firm as a "cryptocurrency exchange built by traders, for traders." Bankman-Fried also was a speaker at Davos last May alongside luminaries such as Google financial chief Ruth Porat and Bill Winters, CEO of the London-based financial giant Standard Chartered. Nevertheless, WEF has since scrubbed any mention of FTX from its website in the days after the crypto exchange filed for bankruptcy. "FTX was a World Economic Forum partner. In light of last week’s events, their partnership was suspended and they were removed from the Partners section of our website," a spokesman for the Geneva-based organization headed by Klaus Schwab told The Post on Monday. According to one WEF insider, Bankman-Fried likely landed on the group’s site because he donated cash to the group, in addition to his upcoming speaking gig. Related: FTX: 2022-11-13 Good Morning FTX: 2022-11-13 FTX Held Just $900MM In Liquid Assets Vs $9BN In Liabilities As Video Emerges Confirming Alameda Knew It Was Pilfering Client Funds FTX: 2022-11-13 Appetite for Islamic banking takes shape in East Africa Related: World Economic Forum: 2022-11-06 Beck interviews Whitney Webb - How Elites Will Create a New Class of Slaves (lengthy video) World Economic Forum: 2022-10-28 The Rise of the Biomedical Security State World Economic Forum: 2022-10-04 Wayne Root: Biden is not in charge. Here is exactly what's happening Posted by: Besoeker 2022-11-15 |
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