4 ms·
> In this case, it is very odd that much of the coverage has not been centred on fraud. I genuinely don’t understand why. Its because news is for entertainment
by CTDOCodebases 4y ago
> In this case, it is very odd that much of the coverage has not been centred on fraud. I genuinely don’t understand why.
Its because news is for entertainment purpose not knowledge acquisition from the journalists perspective and secondly because powerful players are involved.
This guy donated 40 million dollars to the ruling political party and has parents with connections. Why would you write a truthful article outlining the grand fraud that took place when you only have something to loose by doing so?
- jquery 4y agoThe guy donated heavily to both parties, he was just quiet about his donations to Republicans.
- CTDOCodebases 4y agoSays who?
- DebtDeflation 4y agoSays SBF himself in the interview he gave on Tuesday. https://www.youtube.com/watch?v=6DezodR9hNI&t=774s https://www.youtube.com/watch?v=6DezodR9hNI&t=774s
- CTDOCodebases 4y agoNot that it matters to the point that I was making but I wouldn't consider SBF a reliable source of the truth. Remember this was the guy who said "FTX is fine. Assets are fine" and "We don't invest client assets (even in treasuries)". I don't doubt that he did donate some money to the non ruling party but to quote what he is saying as truth or try and attribute a donation by an associated party to him is disingenuous.
- jjoonathan 4y agoSBF, but if "dark money" isn't concrete enough for you then the other co-CEO, Ryan Salame, donated about $22M openly to Republicans, and in the senate race SBF donated $66.7k to Republicans vs $49.2k to Democrats. https://www.wsj.com/articles/sam-bankman-fried-ftx-team-among-top-political-donors-before-bankruptcy-11668949205 https://www.wsj.com/articles/sam-bankman-fried-ftx-team-amon...