Many within the crypto house have accused mainstream media of deliberately attempting to water down the actions of FTX CEO Sam “SBF” Bankman-Fried, together with Tesla CEO Elon Musk, who’s on a self-proclaimed mission to place Twitter as “essentially the most correct supply of knowledge.”
Whereas the world nonetheless overcomes the shock of FTX’s collapse and the belief that SBF had been misappropriating customers’ funds and fascinating in shady funding practices by way of its sister buying and selling agency, Will Manidis, CEO of ScienceIO — a healthcare knowledge platform — tweeted that SBF made one of many “highest ROI trades of all time” by donating $40 million to the appropriate politicians, who he claims have allowed him to get away with stealing over $10 billion.
That’s simply the publicly disclosed quantity. His precise help of Dem elections might be over $1B. The cash went someplace, so the place did it go?
— Elon Musk (@elonmusk) December 3, 2022
Musk responded to the tweet, alleging that the amount of cash SBF really donated to Democratic candidates was over $1 billion, which might be far more than the publicly disclosed quantity of $40 million. SBF beforehand admitted to creating “darkish” donations to the Republican Celebration. Musk requested:
“His precise help of Dem elections might be over $1B. The cash went someplace, so the place did it go?”
In the meantime, United States Home Monetary Companies Committee Chair Maxine Waters, a Democrat, and rating member Patrick McHenry, a Republican, have requested that SBF appear in an investigative hearing scheduled for Dec. 13.
.@SBF_FTX, we recognize that you have been candid in your discussions about what occurred at #FTX. Your willingness to speak to the general public will assist the corporate’s prospects, buyers, and others. To that finish, we’d welcome your participation in our listening to on the thirteenth.
— Maxine Waters (@RepMaxineWaters) December 2, 2022
Polygon CEO Ryan Wyatt responded to Waters’ request by stating that “he’s [SBF] a felony. What is occurring.”
This newest spherical of backlash towards SBF comes shortly after he gave interviews throughout The New York Instances‘ DealBook Summit and to Good Morning America.
Throughout his so-called “apology tour,” SBF has been portraying himself as a sufferer and even acquired a spherical of applause on the finish of his DealBook Summit look. In response to Twitter person and developer Naomi, “Watching SBF’s interview is sort of like watching Casey Anthony’s documentary. They’re so mechanical, they’re so inauthentic of their supply. For those who really feel any emotion, in any respect, it slows individuals down. The way in which it’s expressed is a separate subjective matter.”
Replace (Dec. 5, 10:10 pm UTC): This text beforehand acknowledged that Bankman-Fried admitted to giving backdoor donations to the Democratic Celebration. It has been up to date to mirror that his darkish donations went to the Republican Celebration.