Citizens United and the FTX meltdown

A vintage trustbuster cartoon depicting John D Rockefeller holding the Treasury building in the palm of his hand, peering at it through a watchmaker’s loupe. Rockefeller’s head has been replaced with Sam Bankman-Fried’s. His collar bears the Alameda Research wordmark. Image: Cointelegraph (modified) https://commons.wikimedia.org/wiki/File:Sam_Bankman-Fried.png CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en

The collapse of the FTX cryptocurrency exchange and its affiliated businesses has left a million creditors holding the bag for a chaotically managed, corrupt enterprise that created vast personal fortunes for the conspirators who ran it, even as it stole the life’s savings of retail investors who bought into its lies.

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