Many in the cryptocurrency space have accused the mainstream media of deliberately trying to dilute their actions FTX CEO Sam “SBF” Bankman-Friedincluding Tesla CEO Elon MuskOn a self-proclaimed mission to position Twitter as “the most accurate source of information” .
While the world is still reeling from the shock of FTX’s collapse and SBF’s misappropriation of user funds and shady investment practices through its sister trading firm, Will Manidis, CEO of health information platform ScienceIO, tweeted that SBF did. One of the “highest ROI trades of all time,” donating $40 million to right-wing politicians that he claims allowed him to get away with stealing more than $10 billion.
This is just a public figure. His current support for the Dem election is probably over $1 billion. The money went somewhere, but where did it go?
— Elon Musk (@elonmusk) December 3, 2022
Musk responded to his tweet by claiming that SBF actually donated more than $1 billion to Democratic candidates, far more than the $40 million publicly reported. Formerly SBF accepted Making “dark” donations to the Republican Party. Musk asked:
“His current support for the Democratic Party is probably over $1 billion. The money went somewhere, but where did it go?”
Meanwhile, the chair of the United States House Financial Services Committee, Democrat Maxine Waters, and the ranking member, Republican Patrick McHenry, They asked the SBF to participate in the investigative hearings scheduled for December. 13.
.@SBF_FTXWe appreciate your candor in your discussions about what happened #FTX. Your willingness to speak to the public will help the company’s customers, investors and others. To this end, we would welcome your participation in our hearing on the 13th.
— Maxine Waters (@RepMaxineWaters) December 2, 2022
Polygon CEO Ryan Wyatt responded to Waters’ inquiry by saying, “he [SBF] criminal What’s going on.”
Related: FTX crash sparks interest around Sam Bankman-Fried, Google data shows
This latest backlash against SBF comes shortly after his interviews at The New York Times’ DealBook Summit. Good morning America.
SBF presents itself as a victim during its so-called “apology tour” and even received a standing ovation at the end of its speech at the DealBook Summit. According to Twitter user and developer Naomi, “Watching the SBF interview is kind of like watching a Casey Anthony documentary. They are so mechanical that they are not that original in their delivery. If you feel any emotion, it slows people down. His style of expression is a separate subjective issue.
Update (December 5, 22:10 UTC): This article previously reported that Bankman-Fried admitted to making backdoor donations to the Democratic Party. Updated to reflect that his obscure donations went to the Republican Party.
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