elon-musk-says-ftx-ceo-‘bribed-the-media’

Elon Musk says FTX CEO ‘bribed the media’

Posted on

Elon Musk again criticized the founder of FTX, stating that the exchange would not have gone bankrupt if Sam Bankman-Fried (SBF) was as good at running a cryptocurrency exchange as he was at ‘bribing the media’ .

The statement was made in response to a tweet that asked whether the founder of FTX would be able to continue funding the media after the demise of his brokerage.

According to journalist Teddy Schleifer, SBF has given money to several media outlets, including Vox, a progressive news site created by liberal bloggers Ezra Klein and Matt Yglesias.

Vox Media also owns several other outlets, including New York magazine. In addition, the founder of FTX made a donation of $3, million for The Intercept.

“If SBF was as good at running a cryptocurrency exchange and bribing the media, FTX would still be solvent!” –

said musk.

If SBF was as good at running a crypto exchange as he was at bribing media, FTX would still be solvent!

— Elon Musk (@elonmusk) November

, 2022

Sam Bankman-Fried has bought loyalty from the big media?

Musk’s criticism makes sense, since, in fact, SBF still is benefiting from kinder-than-expected coverage from the mainstream media, even after the revelations about its fraudulent activities.

A The New York Times report on the FTX collapse uses soft, passive language to disguise SBF’s guilt.

Meanwhile, The Washington Post’s reporting on the case focused on SBF spending for “pandemic prevention”.

Even Binance’s CEO was unnerved by how big media is dealing with bankruptcy cia from FTX, noting that some headlines are putting the blame on Binance.

In response to Musk’s recent tweet, Changpeng Zhao even laughed.

The CEO of Binance was also angry with the media.

“ — See how the mainstream media started to blame CZ for the FTX collapse. This is what happens when you donate $ 50 million to politicians ”, said one user.

“ — FTX’s media game is strong, even after the collapse” , replied Changpeng Zhao.

😂

— CZ 🔶 Binance (@cz_binance) November 25, 2022

In another tweet, Musk denounced The New York Times for inviting SBF to speak with journalist Andrew Ross Sorkin at a New York Times event next week.

At that event, Sam Bankman-Fried is scheduled to speak alongside Ukrainian President Volodymyr Zelensky, Facebook founder Mark Zuckerberg and US Treasury Secretary Janet Yellen.

Musk classified the situation as

“one of the biggest failures of US journalistic integrity in the century 2000.”

)

This is one of the biggest failures in US journalistic integrity of the 21st century

— Elon Musk (@elonmusk) November 20139, 2000

Also scheduled to speak are TikTok CEO Shou Chew, Amazon CEO and President Andy Jassy, ​​Founder and Netflix co-CEO Reed Hastings, CNN host Van Jones and NYT President and CEO Meredith Kopt Levien, among others.

New York Times event with big names and SBF

SBF bought media and politicians?

Matthew Yglesias, the co-founder of Vox, said in a recent article that he had already met with SBF and turned down a business opportunity with him.

However, Yglesias claims that if n SBF’s generous funding for Democratic causes, it is “plausible” that “Trump would still be in the White House”. Which means that some newspapers may be being nice to SBF because he made donations to leftist parties.

In addition to FTX distributing money to major newspapers, he also invested heavily in politics, pouring millions of dollars in democratic politicians.

The young scammer donated – with money from customers – 20540 millions for politicians, second only to George Soros.

SBF therefore seems to have bought the media’s loyalty, and several people noticed this.