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

OPINION:  This article contains commentary which may reflect the author’s opinion

A predictor of financial happenings is speaking out again. Bo Polny has predicted the death of Ruth Bader Ginsburg and the overturning of Roe V. Wade. But recently Polny also predicted the FTX crash to the day, and heads are up taking notice of his new revelations regarding the state of currency in the U.S. and around the world.

Noah of We Love Trump is sounding 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 speaks, I listen! And he’s saying something big is right around the corner.

Watch this short clip for more details:

Noah’s catalogue of interviews with Bo add to the impact of Bo’s current prediction regarding financial futures. Polny is predicting that digital currency is taking over, and the Gold and Silver are facing extinction just as paper money is as well. Polny predicts that the U.S. dollar is on the way out, and that the paper money in your wallet will be gone “in a decade.”

In the case of the FTX crash, the dust is still settling on the industry reels.

CNBC reports that digital currency exchange Huobi on Friday said it plans to reduce its global headcount by about 20% in the latest round of layoffs to hit the beleagured cryptocurrency industry. The Seychelles-based company is one of the largest crypto-exchanges globally, handling about $370 million of trading volumes on a singel day, according to data from CoinGecko.

“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.

After the collapse of FTX, crypto traders are scanning for clues as to what will be the next company to fall prey to the down turn in digital assets, CNN notes.

Sam Bankman-Fried, founder of FTX, this week pleaded not guilty to fraud and other charges, the New York Times reports. Nearly two weeks after he was released by a Manhattan judge on a $250 million bond and ordered to stay with his parents in Palo Alto, California, Bankman-Fried returned to New York to make his plea. Earlier this month, his lawyers filed an objection in the bankruptcy proceedings of FTX to retain 56 million shares of Robinhood, surrently valued at $450 million.

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.

The U.S. Department of Justice is also staking a claim: On Jan , U.S. attorney Seth Shapiro told the judge overseeing the FTX bankruptcy that prosecutors are in the process of seizing the shares. the DOJ charged Bankman-Fried with eight counts of federal fraud in December related to the collapse of FTX and Alameda. the trial is set for October, since Bankman=Fried pled not-guilty.

Fortune notes that Bankman-Fried’s lawyers have argued that he requires the Robinhood shares to pay for his criminal defense. His worth was once valued at 426.5 billion but Bankman-Fried has now stated that he has only $100,000 left in his bank account. Citing case law, the lawyers wrote in their statement that “financial inability to defend oneself has serious consequences.”

The muddy litigations in the case of Bankman-Fried and the collapse of his digital currency empire does not inspire trust in digital currency, and the predictions that digital will take over monetary funds around the world in such a short time should have those in finance reeling.

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