Scammer Chinese-Cambodian businessman and former Prince Group chairman Chen Zhi

FBI seizes record $8 billion in cryptocurrency in global crackdown on scam compounds

The FBI has arrested hundreds of suspects and seized more than $8 billion in cryptocurrency, the largest forfeiture in U.S. government history, in a sweeping intercontinental operation targeting organized crime networks that ran fortified scam compounds across Southeast Asia, the Middle East, and Africa.

The crackdown, led by FBI Director Kash Patel, dismantled a web of fraud factories that lured victims through romance schemes, fake cryptocurrency investments, and extortion, all while trafficking migrant workers and forcing them to run the scams under threat of beatings and torture.

At the center of the operation sits 39 year old Chen Zhi, CEO of Cambodia's Prince Holding Group, who now faces federal charges of wire fraud and money laundering conspiracy.

Agents confiscated more than 127,000 bitcoin from Chen, a haul Fox News reported could be worth more than $15 billion at the time of seizure, depending on market valuations.

Read more about it...

The New King of Midterm Spending

The Biggest Donor in the 2026 Midterms Is Not George Soros

George Soros has owned American elections for thirty years – until this cycle.

A Silicon Valley billionaire nobody was watching just moved more money than Soros, Musk, and every Democratic megadonor combined. What he's buying with it affects every race on your ballot in November.

Andreessen Horowitz – the venture capital firm co-founded by Marc Andreessen and Ben Horowitz – is now the single largest known political donor in the 2026 midterm cycle.

The New York Times confirmed it from federal filings. Over $115 million deployed so far.

That puts Andreessen ahead of Soros at nearly $103 million, Elon Musk at $85 million, and Jeff Yass at $81.8 million.

Their interest:--Supporting candidates for crypto currency and artificial ingeligence.

Read more...

Genius Act

Trump signs historic GENIUS Act into law

To follow-up on an earlier blog, President Donald Trump made good on his campaign promise to transform America into the world’s crypto capital when he signed the GENIUS Act into law on Friday at the White House.

The landmark legislation establishes the first-ever federal regulatory framework for stablecoins, a rapidly growing segment of the cryptocurrency market worth over $250 billion.

"This could be, perhaps, the greatest revolution in financial technology since the birth of the Internet itself. A lot of people are saying that," Trump declared during the signing ceremony in the East Room.

The President surrounded himself with Republican lawmakers and top executives from major crypto firms including Robinhood, Tether, and Gemini to celebrate what he called a "hell of an act."

Trump couldn’t resist joking about the legislation’s name during the ceremony.

"We worked hard. It’s a very important act, the GENIUS Act. They named it after me," he quipped to laughter from the crowd.

Read more about the Genius Act

The Genius Act

David Sacks, Crypto Czar

Trump Signs Major Crypto Bill to Set Up Stablecoin Regulatory Framework

‘This could be perhaps the greatest revolution in financial technology since the birth of the internet,’ the president said.

The Genius Act—fully named the Guiding and Establishing National Innovation for U.S. Stablecoins Act—passed 308–222 with bipartisan support.

“The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins,” Trump said at a White House event.

Crypto czar David Sacks, meanwhile, called it a “historical legislative achievement” that will serve as a “monumental step” to ensuring U.S. dominance in the industry.

Sacks also estimated that stablecoins will create trillions of dollars in demand for U.S. Treasury securities, echoing the sentiment expressed by Treasury Secretary Scott Bessent.

Read more about it...

Sam Bankman-Fried

Judge Clears Path For Liberal Megadonor To Face Trial

A federal judge rejected Democrat megadonor Sam Bankman-Fried's attempt to have criminal charges against him thrown out, clearing the way for the cryptocurrency exchange founder to stand trial in October.

Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, is accused of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research, misleading investors and lenders, and illegally making contributions to U.S. political campaigns in the names of his colleagues, according to The Washington Free Beacon.

More than 95 percent of Bankman-Fried's contributions went to Democrats and Democratic committees. Did any of these DIMS give the money back?

Bankman-Fried wanted 11 of the 13 felony counts dismissed. The judge said,"no."

Read about it...

Sam Bankman-Fried indicted again!

Sam Bankman-Fried Caught Bribing Chinese Govt

Democrat darling indicted again!

He donated $39 million primarily toward Democratic nominees during the 2022 midterm elections following his status as second largest donor for Biden’s 2020 campaign cycle. I don't believe any of these people gave the money back.

Sam Bankman-Fried, co-founder of FTX, was indicted on Tuesday by the U.S. Department of Justice for allegedly paying millions of dollars in bribes to a member of the Chinese communist government. It was discovered that Bankman-Fried had commingled customer and investor funds with sister trading company Alameda Research, resulting in several companies associated with him filing for bankruptcy late last year.

The new indictment alleges that Bankman-Fried “authorized and directed a bribe of at least $40 million to one or more Chinese government officials” in order to reclaim access to accounts containing over $1 billion worth of cryptocurrency which had been frozen by Chinese authorities. The purpose of the funds was said to be so that Bankman-Fried could use them “to assist [himself] and Alameda in obtaining and retaining business.”

The new count, which falls under the Foreign Corrupt Practices Act, brings to 13 the number of federal charges Bankman-Fried faces.

How long did this stupid 31 year old criminal think his crypto Ponzi scheme could continue? He's still running around loose living at his parents' home who put up the $250,000 bond.

Read about it...

Sam Bankman-Fried wants his donations back

FTX Sam Bankman-Fried Wants His Political Donations RETURNED

And we know who got the majority of these donations--Democrats

Last month, FTX founder Sam Bankman-Fried pleaded not guilty to charges of fraud, conspiracy, campaign finance law violations, along with money laundering, as he is being tried in New York state following the release of the November CoinDesk article outlining the crimes they appeared to have been committing, along with their juvenile and untrustworthy lifestyles of some of the richest business owners in the world, with the majority being under 30 years of age.

Now, Bankman-Fried is requesting for his political donations to be returned as he awaits trial, as they’ve sent notices to their former recipients.

FTX Press Release

Hey Hakeem Jeffries and Nancy Pelosi, give the donations back!

The FTX Explosion

'House of cards on foundation of deception': SEC charges shamed Sam Bankman-Fried with defrauding FTX equity investors out of $1.8BILLION by diverting funds to privately-held crypto hedge fund

The Securities and Exchange Commission has charged Sam Bankman-Fried with defrauding FTX equity investors out of $1.8 billion, in what regulators called 'a house of cards on a foundation of deception.'

The shamed entrepreneur and founder of cryptocurrency exchange FTX is accused of diverting funds to a privately-owned crypto hedge fund.

In a statement, the SEC said it would seek an injunction to prevent Bankman-Fried from future securities trading except for his personal account and a civil penalty, among other actions. Separate charges would be announced by the U.S. Attorney's Office for the Southern District for New York and the Commodity Futures Trading Commission later on Tuesday, the SEC said.

Read about Sam...

Bankman-Fried faces 115 years in prison

Prosecutors: FTX Founder Bankman-Fried Made ‘Tens of Millions’ in Illegal Campaign Donations

Federal authorities on Tuesday charged FTX co-founder Sam Bankman-Fried for making “tens of millions of dollars in illegal campaign contributions” to influence policies and laws around cryptocurrency.

Damian Williams, the U.S. Attorney for the Southern District of New York, told reporters Tuesday that Bankman-Fried—sometimes known as SBF—faces charges of wire fraud, conspiracy, and campaign finance violations.

“From 2019 until earlier this year, Bankman-Fried and his co-conspirators stole billions of dollars from FTX customers,” Williams said. “He used that money for his personal benefit, including to make personal investments and to cover expenses and debts of his hedge fund, Alameda Research.”

The Indictment

"I f***ed up, and should have done better," said Bankman-Fried

Here are the Dems who benefited from the left-wing PAC that FTX funneled $27M through...

Bankman-Fried and another FTX executive gave the vast majority of donations received by a group that gave exclusively to Democrats

Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, was a major contributor to Democratic candidates during the midterm election cycle, funneling most of his donations through a little-known political action committee (PAC).

Read about it...

Digital Currency in a Pilot Study

NY Fed and Major Banks Make Announcement That Should Concern Us All

We saw large-scale changes in how elections were conducted using the pandemic as an excuse. We can see the harmful results of a lot of those changes now, as they now try to sell us on it being “normal” that it may take days in some places to count elections.

If that weren’t enough, be prepared for something else that has been bandied about as a “conspiracy theory” but may now be on the immediate horizon.

The Federal Reserve Bank of New York and several banking conglomerates are partnering on a 12-week “digital dollar” pilot program." And one of these banks is where I do business, says The Republican Daily.

They will “explore the feasibility of an interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger.”

Read about it...

The potential dangers to our freedom from such a system are incalculable. This is something the new Republican majority needs to get out in front of and not allow it to be steamrolled into place. The liberals have done enough damage to our freedom.

World’s largest crypto slush fund kept corrupt Democrats in power

Now-collapsed FTX crypto slush fund laundered Ukraine donation money to Democrat candidates to help rig mid-terms

"The FTX crypto slush fund run by now-disgraced Sam Bankman-Fried (and his MIT college buddies) laundered money for Ukraine into nearly $40 million worth of campaign donations for Democrats in the 2022 mid-term elections.

Over the last year, Joe Biden and the Democrats have pushed through well over $50 billion in funding for Ukraine, using US taxpayer money. Internationally, over $100 billion has been donated to Ukraine, according to Devex.com which has compiled worldwide donations and grants to the Ukrainian cause.

In other words, the corrupt Ukraine regime partnered with a corrupt crypto slush fund to take dollars from the corrupt US government and funnel them into the hands of corrupt Democrat candidates to win rigged mid-term elections."

Read about it...