FTX founder Sam Bankman-Fried granted a rare interview with independent crypto journalist Tiffany Fong. In the conversation, the elusive founder addressed a number of controversies that have surrounded him over the past few weeks, including commingling client funds, relations with Ukraine, donations to the Democratic party, and more. “I’m not a journalist by profession,” Fong…
Bankman-Fried Discusses Democrat Donations, Relationship With Ukraine, and More
Bankman-Fried’s Money Tied to Major Media Outlets, Bringing ‘Journalistic Integrity’ Into Question
FTX founder Sam Bankman-Fried gave millions to various media outlets throughout 2022 via his family-run nonprofit, “Building a Stronger Future.” The major companies who received funding include Vox, ProPublica, Semafor, and The Intercept. In some cases, donations appear to be crucial to the viability of the recipients. In a leaked letter to staff members, Roger Hodge,…
How Deep Is the Corruption?
November 28, 2022
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Commentary The collapse of FTX is not just another crypto scam gone bust due to changed market prices. In its brief life of three years, stretching from 2019 to 2022, it became the 2nd biggest crypto exchange on the planet with billions in venture funding and a million customers. It also had enormous influence over…
Dear Men: Don’t Dress Like Sam Bankman-Fried
November 25, 2022
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Commentary It’s utterly astonishing that so many otherwise intelligent people got taken in by Sam Bankman-Fried, the now disgraced former head of crypto exchange FTX who is still nonetheless invited to speak at a New York Times seminar that costs $2,400 to attend. Part of his supposed appeal was his slovenly dress: t-shirts, cargo shorts,…
Elon Musk Denies Claims Disgraced Crypto Boss Sam Bankman-Fried Holds Twitter Shares
November 25, 2022
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Twitter’s new owner Elon Musk has disputed a report that the former CEO of failed cryptocurrency exchange FTX, Sam Bankman-Fried, owns millions of Twitter shares. Taking to Twitter on Wednesday, Musk shared a number of posts addressing the report, which was shared on the platform by former New York Times reporter and Editor-in-Chief of news site Semafor, Ben Smith….
FTX Founder Sam Bankman-Fried to Speak at New York Times Event
November 24, 2022
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FTX founder Sam Bankman-Fried noted on Twitter on Nov. 23 that he would speak at an upcoming New York Times summit. “I’ll be speaking with @andrewrsorkin at the @dealbook summit next Wednesday (11/30),” Bankman-Fried posted on Twitter. Andrew Ross Sorkin, the founder and editor-at-large of DealBook at The New York Times, also confirmed that he…
Disgraced Crypto Ex-CEO Was Plotting to Spend Nearly $1 Billion Boosting Democrats, Reshaping American Politics: Report
November 24, 2022
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Sam Bankman-Fried, former CEO of now-bankrupt crypto exchange FTX, had planned to become the biggest donor to the Democratic Party in 2024, a cycle in which he might have spent as much as $1 billion, according to investigative journalist Theodore Schleifer, writing for Puck News Wednesday, Nov. 23. The erstwhile billionaire filed in April, 2022, to incorporate…
FTX Bankruptcy: $740 Million in Cryptocurrency Assets Recovered
November 24, 2022
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BitGo, the firm tasked with locking down the crypto assets of bankrupt crypto exchange firm FTX, has recovered $740 million worth of assets so far, revealed a recent court filing. FTX debtors are in the process of locating and securing the company’s digital assets. As part of this, the debtors hired BitGo as the custodian…
Sam Bankman-Fried and the Media’s Love Affair With T-shirt CEOs
Commentary Less than a month ago, in the adoring eyes of the establishment media, 30-year-old Sam Bankman-Fried was the “crypto emperor” (New York Times) and the multibillionaire with the monkish lifestyle who wanted nothing more than to “give his fortune away” to altruistic causes (Bloomberg Markets). That was before it was revealed that Bankman-Fried’s cryptocurrency…
FTX Founder’s Parents Bought Home in Bahamas Using Company Money
November 23, 2022
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The parents of FTX founder Sam Bankman-Fried and other senior executives at the bankrupt crypto exchange had purchased properties worth millions of dollars in the Bahamas using funds from the firm. In total, Bankman-Fried’s parents and FTX execs purchased at least 19 properties in the Bahamas during the past two years that are collectively valued…
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