Many within the crypto area have accused mainstream media of deliberately making an attempt 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 “probably the most correct supply of knowledge.”
Whereas the world nonetheless overcomes the shock of FTX’s collapse and the conclusion that SBF had been misappropriating customers’ funds and interesting in shady funding practices through 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 precise politicians, who he claims have allowed him to get away with stealing over $10 billion.
That’s simply the publicly disclosed quantity. His precise assist 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 truly 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 assist 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 seem in an investigative listening to scheduled for Dec. 13.
.@SBF_FTX, we admire that you’ve got been candid in your discussions about what occurred at #FTX. Your willingness to speak to the general public will assist the corporate’s clients, traders, and others. To that finish, we might 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 legal. What is occurring.”
Associated: FTX collapse drives curiosity round Sam Bankman-Fried, Google knowledge reveals
This newest spherical of backlash in opposition to 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 obtained a spherical of applause on the finish of his DealBook Summit look. Based on 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. Should you really feel any emotion, in any respect, it slows folks 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.