HERE WE GO: Janet Yellen Calls For Crypto to be Regulated After Biden Mega-Donor Collapses Multi-Billion Dollar Crypto Ponzi Scheme

Treasury Secretary Janet Yellen called for crypto to be regulated after Sam Bankman-Fried, a 30-year-old Democrat darling, spent more than $40 million to ‘pay off’ DC elites to turn a blind eye to his Ponzi scheme through the crypto exchange he founded (FTX).

As TGP’s Joe Hoft reported, the FTX crypto company gave at least $40 million to Democrat candidates and causes in the midterms.

Up to $2 billion is ‘missing’ after FTX collapsed this week.

The company filed for bankruptcy on Friday and Sam Bankman-Fried’s private jet was seen en route to Argentina.

Sam Bankman-Fried is Biden’s second biggest donor.

And now Janet Yellen is calling for Crypto to be regulated.

How convenient.

“It shows the weaknesses of this entire sector,” Yellen told Bloomberg News on Saturday.

“In other regulated exchanges, you would have segregation of customer assets,” she said. “The notion you could use the deposits of customers of an exchange and lend them to a separate enterprise that you control to do leveraged, risky investments — that wouldn’t be something that’s allowed.”

FTX also happens to be related to Ukraine.

How much of the billions going to Ukraine went to the Bidens and their corrupt friends?

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Cristina began writing for The Gateway Pundit in 2016 and she is now the Associate Editor.

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Thanks for sharing!