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FOXNEWS Fox News Live June 4, 2024 18:16:00

Content discriminating against conservative viewpoints, et cetera. there s a lot to be discussed with the platforms and we ought to give them more time before saying he can t do it. aishah: let me ask you this, al, they are calling ftc to get involve and do you think it rises to level of investigation. it s not. fcc doesn t have regulations over it unless we make it publications platform, publisher or turn them call them journalists, for example, they don t have the same authority over twitter and that s a discussion to be had but right now they don t have that authority. aishah: okay, so we are watching elon musk and we are also watching this other guy sam bankman fried who has taken over headlines, founder of ftx made a lot of political donations and the majority to democrats and ....

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FOXNEWS Americas Newsroom June 4, 2024 14:46:00

Bahamas. also includes, gillian, spending a lot of money, seven condos in a resort community where tiger woods holds his annual golf tournament. so, you know, the massive corruption and insiderism is making people ask who is watching the watchdogs in d.c.? is the system rigged against the investors? the answer is yes. this guy sam bankman-fried was hiring the watchdogs to sit on the board of his company, former cftc acting chair under obama. former house lawmaker overseeing agricultural committee there which is supposed to regulate it. sam bankman-fried wanted only cftc to clear his company s trade. wanted no middlemen to clear those trades. and so the other thing, too, what we re seeing as well, gillian, is ftx gave money to a ....

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FOXNEWS Americas Newsroom June 4, 2024 14:45:00

Kind of wolf of wall street level spending and partying. take a look at this. this is from ftx s new management in bankruptcy court. what we have here is a worldwide international organization, but which was run as a personal feifdom of sam bankman-fried. one of the worst cases of corruption we ve seen. so the company spent $121 million on at least 19 properties, luxury homes in the bahamas including a 16.4 million home for the parents of sam bankman-fried who were university stanford university professors. unclear whether they knew where the money was coming from and whether they questioned what the funds were used for. vacation property for them. another unit spent $3 hundred million on luxury homes in the ....

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FOXNEWS Americas Newsroom June 4, 2024 14:44:00

as the bankruptcy court tries to recoup losses for investors left holding the bag, more calls for stricter regulation of crypto currency exchanges like this. we have consistently urged congress to take action to address regulatory process with digital assets and support legislation to better protect american consumers. the founder of ftx spent money buying influence donating $10 million backing president joe biden and spent $7 million on super pacs meant to keep democrats in control in congress. thank you very much. gillian: liz mcdonald joins us now the host of evening edit on fox business. i went down the rabbit hole last night reading about sam bankman-fried s operations inside this company. it looks more and more like this ....

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FOXNEWS Americas Newsroom June 4, 2024 14:37:00

When you just bring out the base it remains a divided country. the net of the election is that we remain a divided country. i would like to see more candidates go back to courting swing voters which necessarily unites the country after election day. i m disappointed when campaigns don t. mike: mark penn, thank you for your time and analysis today. thank you. gillian: the search continues this hour for the suspected killer of four university of idaho students. we re learning new details about the timeline of the murders. dr. michael baden joins us next hour. a lawyer for ftx is speaking out in court about the old ceo sam bankman-fried. we are breaking details about what went on inside the company. he was considered to be a billionaire. how have no content for a company of this size? ....

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