HomePoliticsThe Man Who Predicted The FTX Crash Now Says THIS Is Coming...

The Man Who Predicted The FTX Crash Now Says THIS Is Coming Next…

Published on

A financial prognosticator is speaking out once more. Bo Polny has prophesied Ruth Bader Ginsburg’s death and the reversal of Roe v. Wade. But recently, Polny also accurately forecasted the FTX crisis, and people are now paying attention to his fresh findings about the status of the U.S. and global currency markets.

We Love Trump’s Noah is ringing the alarm.

My good friend Bo Polny was back on my show this week. In case you don’t know Bo, he’s a cycle analyst, and his research has predicted many big events in our world over the past few years…

To name just a few, those include…

(1) the day Ruth Bader Ginsburg died (and the Supreme Court then flipped from Democrat to Republican majority)…

(2) the day oil went to negative $50 a barrel (the first time it’s ever gone negative in history), and most recently…

(3) the date of the FTX collapse (the most massive fraud we’ve ever seen — bigger than Madoff).

So when Bo talks, I pay attention! And he claims that something significant is imminent.

Noah’s archive of conversations with Bo contribute to the influence of Bo’s current financial forecast. Polny predicts that digital currency will prevail, and that gold and silver, as well as paper cash, will become extinct. Polny forecasts the demise of the U.S. dollar and the disappearance of paper currency “within a decade.”

Regarding the FTX catastrophe, the dust is still settling on the reels of the industry.

According to CNBC, digital currency exchange Huobi said on Friday that it intends to slash its global staff by around 20 percent in the latest round of layoffs to hammer the troubled cryptocurrency business. According to CoinGecko data, the Seychelles-based firm is one of the world’s top crypto exchanges, managing daily trade volumes of over $370 million.

“The planned layoff ratio is about 20%, ” Justin Sun, a Huobi advisory board member told CNBC, adding the cuts have not yet been implemented. “with the current state of the bear market, a very lean team will be maintained going forward, This personnel optimization aims to implement the brand strategy, optimize the structure, improve efficiency and return to the top three.” Huobi has about 1,600 employees worldwide as of October according to a Financial Times report. Huobi’s native HT token at one point sank as low as $4.3355 Friday, down more than 7% from the 24 hours prior, according to CoinMarketCap data.

CNN says that with the failure of FTX, crypto traders are searching for hints as to which business may be the next victim of the downturn in digital assets.

Sam Bankman-Fried, the creator of FTX, pled not guilty to fraud and other charges this week, according to the New York Times. Bankman-Fried returned to New York to enter his plea nearly two weeks after a Manhattan court freed him on a $250 million bond and ordered him to reside with his parents in Palo Alto, California. His attorneys filed an opposition in the bankruptcy proceedings of FTX to keep 56 million shares of Robinhood, currently worth $450 million, earlier this month.

More on this story via The Republic Brief:

Fortune reports that the shares of Robinhood have become a major point of contention in the Delaware case. while Bankman-Fried owned that equity, he borrowed hundreds of millions of dollars from FTX’s affiliated trading firm, Alameda Research, to purchase it through a separate entity called Emergent Fidelity Technology, of which he owns 90%, along with FTX cofounder Gary Wong. Different parties have tried to seize the Robinhood shares, including the FTX bankruptcy estate and the crypto lender BlockFi – Bankman-Fried’s Emergent had pledged the stock as collateral for more than $600 million in loans that BlockFi provided Alameda ahead of its bankruptcy. CONTINUE READING…

Latest articles

Gaetz, Boebert Say McCarthy Has Agreed to Release It All

The FBI's Hostage Rescue Crew was the team that entered the Capitol Building following...

The Feds Have All The Evidence They Need To Go After Jeffrey Epstein’s Buddies. Here’s Why They Still Roam Free

Based on the information available, Jeffrey Epstein's colleagues might face federal criminal prosecution, but...

Republican Kari Lake Secures Blockbuster Court Victory

Kari Lake, a former Republican gubernatorial candidate, has filed a lawsuit saying that enough...

There Are Big Problems With Biden Team’s Evolving Story About Prior Chinese Balloons

Regarding slander against President Donald Trump, there's a concept I may have addressed previously. It's...

More like this