On Nov. 14, the New York Occasions (NYT) printed an enormous 2,200-word expose and interview with the previous CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized an ideal deal after it was printed. The article famous that SBF would solely supply “restricted particulars concerning the central questions swirling round him,” and a lot of the article cited various former workers and sources acquainted with the matter.
New York Occasions Article Interviewing Former FTX CEO Sam Bankman-Fried Slammed for ‘Disgraceful Reporting’
The information publication the New York Occasions (NYT) is coping with a variety of criticism tied to an interview with the previous CEO of FTX, Sam Bankman-Fried (SBF), after the NYT printed the editorial on Nov. 14, 2022. The editorial and interview is 2,200 phrases lengthy, and it incorporates direct feedback from the previous FTX government. Nevertheless, the bean-bag-loving SBF doesn’t get into a lot element about what occurred, and the brand new info individuals realized from the NYT report was that SBF was getting extra sleep today.
“You’d’ve thought that I’d be getting no sleep proper now, and as a substitute I’m getting some,” SBF advised the NYT reporters. “It may very well be worse,” the previous FTX CEO added in a “wide-ranging interview on Sunday that stretched previous midnight.” Though, after the interview with SBF was printed, the NYT article was dunked upon by a myriad of critics for not grilling SBF for solutions to significant questions concerning the collapse.
“Disgraceful reporting by the [New York Times] on FTX,” the economist and dealer Alex Krüger wrote. “It portrays SBF as a charitable entrepreneur who went below and doesn’t point out the phrases fraud, felony, substance abuse, mates & household Bahamas KYC racket, hack, stolen funds or wiped servers wherever,” Krüger added.
“The NYT drops a softball piece on SBF portray him as an aspirational dude who genuinely acquired in over his head,” Chris Josephs tweeted. “Whereas writing hit items on the CEOs of Coinbase [and] Kraken, two who truly protected their purchasers’ belongings. Seems FTX donated $70M to politicians in 2022.” One other individual defined that out of all the 2,200-word article, there [were] zero mentions of the phrases fraud, Enron, crime, illiquid, stolen, hidden, felony, and again door.
The monetary publication Zerohedge additionally chimed in and mentioned:
Large 2,200-word article on SBF in the NYT. Mentions of donations to democrats = 0.
The entrepreneur Balaji Srinivasan additional criticized the NYT’s article. “The New York Occasions is protecting up Sam Bankman-Fried’s crimes,” Srinivasan tweeted. “Nothing SBF says might be trusted. Nothing NYT says might be trusted both. However dunking does nothing. Lies make their site visitors rise. You do have one possibility, although. Mass block all of them in one go,” Srinivasan added.
The chief technique officer on the Human Rights Basis, Alex Gladstein, additionally shared his two cents concerning the NYT article. “The truth that the [New York Times] protects and refuses to name SBF out as a scammer *even at the moment* whereas they proceed to assault Bitcoin as unhealthy, felony, damaging, and many others tells you all it is advisable to learn about their agenda,” Gladstein tweeted on Monday.
One other new piece of knowledge shared in the NYT article was the truth that SBF continues to be enjoying video video games. Whereas commenting about enjoying the online game “Storybook Brawl,” SBF advised NYT that the sport helps him “unwind a bit” and that it clears his thoughts.
What do you concentrate on the current New York Occasions interview with SBF? Tell us what you concentrate on this topic in the feedback part beneath.
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Elliptic Evaluation Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Turns into 35th Largest ETH Holder
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Yellen Says FTX Collapse Reveals Weaknesses of Total Crypto Sector — Fed’s Brainard Pushes for Sturdy Regulation
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