Today I'll talk about how the synthetic AMC shorts are about to be exposed in federal court. FTX Executives Have been working with the Department of Justice to turn on Sam and it won't be long until Sam turns on other key criminals to reduce his sentence like Citadel and virtue. So stay tuned and let's make some money. And now I'm going to dive straight in with the key information so compound we'd say we've just discovered that Caroline Ellison and Gary Wang turned on Sam Ratting him out feds, they said the SEC civil or non-criminal complaint is built on their participation and gives us our first Insider account of the FDX disaster.

They said it's what we thought Sam Bankman free lied Wang did indeed build a backdoor to FDX frail made at her sweet funds Caroline also ran Almeida and Sam invested in real estate politicians and Venture Capital it says Caroline said Sam directed her to take customer funds from FTX in exchange for the made-up Ftt token. This directly contradicts Sam's repeated I don't know statements and Caroline is wisely throwing Sam under the bus in May of 2022 despite having already borrowed billions and billions of FTX customer assets by May when crypto went bump in the night, Almeida couldn't fulfill its borrower obligations Sam ordered Caroline to take even more FTX customer money. The violations peaked in 2022, but began years ago back in 2019. at the very start of FTX it wasn't a recent accident, it was a multi-year fraud Almeida was siphoning money from FDX customer accounts since the very Inception of FTX back in 2019 Sam knew about it the whole time but did nothing about it and on top of that, Sam was always in control.

even after naming Caroline and Sama's co-ceos of Almeida in 2021, Sam remained in absolute control. He frequently communicated with Almeda people and had full access to its books and Records Now this is just the Sec's Civil complaints that have been unsealed, but we also have the Department of Justice's criminal complaints which are indeed taking action as well. Now, the former FTX Cove founder Gary Wang and former Almala research CEO Caroline Ellison were facing up to 50 years and 110 years in prison respectively. But because they decided to work with the SEC and with the Department of Justice entering into a pay deal and turning on Sam, their criminal charges were dropped entirely.

As Hasaka tweeted, he said, Caroline committed one of the greatest cases of financial fraud ever, but only received a 250 000 bail and to surrender all of her travel documents in exchange for all charges waived, contingent on cooperating with the authorities. Now so we know that Caroline Gary were facing 50 and 110 years in prison, but because they cooperated with the Department of Justice and with the SEC, all of these criminal charges were dropped in exchange for Sam bank and freed. But what if Sambachman Freud could also cooperate with the Department of Justice and with the SEC in order to turn in more prevalent criminals? As Stephanie tweeted, she said, where are they Sam Now might be a good time to start spilling the beans. There's no honor among thieves.

She said, you were just the full guy. A big distraction from the real Mastermind We all know that it's not you I think that right now Sam actually has a number of opportunities to cooperate with the Department of Justice and with the SEC to bring more financial fraud to lie. Sam obviously knows a lot about being a hedge fund, a market maker, and a trading venue an idea that was potentially taken from Citadel Securities. We also know that one of Sambachmann Free's right-hand men did actually work at Citadel before joining FTX as the president, and we also know that Sand Mountain Freed knows a lot about tokenized Securities and how they work and how they can be used to synthetically shore American companies.

Therefore, it wouldn't surprise me if Sam ends up in court being asked: will the defendant please point to the true Mastermind of the tokenoi synthetic shares Securities fraud Obviously, at which point Sam is obviously going to be pointing directly to Ken Griffin to reduce his sentence from potentially multiple life sentences. so getting off scot-free with a small fine I Don't think Sam is somebody that would farewell out in prison and therefore I imagine he's going to do anything he possibly can to get out of prison time. Guys, if you want to move to a broker that doesn't engage in payment for order flow as I proved in a video a few weeks ago, be sure to sign up to Mimi right now. Using the link in the description below, you can currently get 20 free stocks worth up to 2 000 each, a whopping total of up to forty thousand dollars.

Mumu is also holding their largest ever giveaway for the Christmas period with a sixty thousand dollar giveaway Sweepstake Charles Tweet Saying that Sam's lawyers are working to convince the Department of Justice to Grant Sam Bale under some type of supervision in exchange for cooperation. Once he's extradited and around, tweet is saying that he can't wait to hear all about their AMC tokenized Securities allegedly being used as false locates. Listen to those. Securities And for Virtue.

this would be a brilliant way for Sam to expose in court one of the largest financial frauds ever. Exposing a giant fraud like that likely would reduce Sam's sentence to nothing for cooperating with the Department of Justice and with the SEC. Also, it's weird saying. imagine if Sam agrees to a plea deal that he'll expose Tether as the fraud that it is Sam could also turn on Tether.

He could turn on violence, He could turn on Citadel Securities and virtue. He can practically turn on the entire Wall Street. We also know the CTO or the Chief Technology officer of Tether visited Sam the former FTX CEO in the Bahamas and then took a private jet straight to El Salvador And as I said earlier, just one man connects FTX Citadel and the crypto market crash. Brett Harrison's relationship with Citadel is just one commonality linking it with FTX.

This article said that Mr Harrison joins FTX from Citadel Securities where he oversaw a team of over 100. Engineers. Therefore, Brett Harrison was likely working on the high frequency trading division or the algorithm division over at Citadel Securities During his tenure at Citadel Mr Harrison held senior technology leadership roles first as the firm's head of ETF technology and subsequently as head of semi-systemic technology. And prior to his time at Citadel Mr Harrison and Mr Sam Banger Freed worked together at Jane Street for three years where Harrison led the firm's trading systems Development Group.

So we can see that both Sam and Brett Harrison worked together at Jane Street Sam then went on to start FTX while Brett Harrison went to work at Citadel directly for Ken Griffin before again going to work with Sam at FTX Brett Harrison likely created these tokenized Securities at FTX with Sam Bankman Freed directly on the request of Ken Griffin at Citadel. It's likely Brett Harrison has also been subpoenaed during this FDX investigation, and therefore I don't think it will be long until Ken Griffin and Sithale are roped in alongside and it's correct. Tweeted: He said that Citadel reported derivatives notional exposure of 459 billion dollars. He also said that an average notional exposure was used rather than actual exposure to conceal the huge jump in 2021 and he said that is 33 times The Leverage of total assets.

should we exclude the amounts borrowed from the SEC of 60 five billion dollars. and they also have a 95 concentration of these derivatives with one counterparty which is Bank of America. We can see that Citadel has derivative liabilities on Equity contracts AK stocks of 459 billion dollars and at December 31st, 2021, Bank of America Merrill Lynch serves as clearing and Prime broker for 95 of the company's net derivative assets. This is obviously some crazy exposure to show that Citadel don't just have short positions on AMC they also have leveraged short positions through the use of derivatives and Total return swaps.

I Think it would be brilliant to see Sam turning on Citadel and turning on Ken Griffin in order to reduce his own sentence. and it also seems these shorts are getting more and more panicked and more and more desperate to say whenever they can, the AMC and GameStop are dead and that you should sell, sell, sell. You may have seen this video of the Pimco co-founder on CNBC talking about how AMC and GameStop are dead and how the whole meme stuck craze is over. but he was being specifically asked about this FTX nonsense, but he just couldn't resist but talk about AMC and GameStop instead.

Now it makes sense to me. Bill I Listen, you're retired You, you are truly unconstrained. Now you can do what you want. You've been so much shorting see years ago.

what else are you doing in the equity markets and are you, are you? What's your take on this FTX nonsense? Yeah, um. well, you know the meme stocks GameStop and uh AMC are basically played out I Think Although the companies themselves uh, not looking forward to, um, any good prospects in the years going forward. but um, you know my interest aside from a mortgage REITs has been in the Uh Natural Gas MLPs Master Limited imposed by the initials, you can see, these shorts are basically trying to get any air time they possibly can to talk about how AMC and GameStop are their Investments. But yet, we know for world that AMC has been very successful over the last year generating billions of dollars in cash and looking at many potential acquisitive targets.

And I've also got a very interesting video coming later today about the potential conversion of Ape to AMC shares. And on top of that, Adam Aaron also suggested a potential reverse split of ten to one as well. But guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I upload a new video Cheers!.