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> Only a few days ago Vox published that bizarre interview, basically giving Bankman-Fried yet another platform to spread more lies. Here's the first Vox artic
by bnralt 4y ago
> Only a few days ago Vox published that bizarre interview, basically giving Bankman-Fried yet another platform to spread more lies.
Here's the first Vox article that pops up when I type "vox sam bankman fried" into Google[1]:
> A week ago, Sam Bankman-Fried was the boy-wonder face of crypto: A 30-year-old who founded one of the biggest cryptocurrency exchanges in the world, a celebrated philanthropist worth an estimated $16 billion, and a major Democratic donor who quickly found favor in Washington. By Friday, he was at the center of an epic flameout that left his empire and his image as an uncannily sharp, altruistic billionaire in ruins.
> In the annals of crypto disasters, the tale of Bankman-Fried may go down as one of the most jaw-dropping. He resigned from his crypto exchange, FTX, as it collapsed from a domino effect of a surge in customers trying to withdraw their funds, and the company filed for bankruptcy. The Wall Street Journal has reported that Bankman-Fried may have illegally taken about $10 billion in FTX customers’ funds for his trading firm, Alameda Research, whose future is also in peril. And Bankman-Fried is now worth close to nothing.
> The downfall of FTX isn’t a typical story of crypto’s volatility or investor risk-taking; it didn’t crumble due to bad luck, but what now appears to be unsustainable layers of deception.
Again, people seem to be trying to purposefully spin the mainstream coverage into something it's not.
[1] https://www.vox.com/the-goods/23458837/sam-bankman-fried-ftx-sbf-downfall-explained https://www.vox.com/the-goods/23458837/sam-bankman-fried-ftx...