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People were mad that he kept getting invitations to speak, but I bet all those interviews and comments show up in evidence.
by object-a 4y ago
People were mad that he kept getting invitations to speak, but I bet all those interviews and comments show up in evidence.
- cm2187 4y agoDon't think people were mad about interviews, in fact there are many questions people expect him to answer. They were mad about puff pieces.
- object-a 4y agoWhat's an example of a puff piece?
- listenallyall 4y agoThe NYT profiling him as a well-meaning genius who was so focused on fixing climate change and education that he just overlooked a few things at his company, gosh darn it.
- spookthesunset 4y ago
- torbTurret 4y agoBut not the right-leaning newspapers? News flash (no pun intended): they’re all the same.
- jack_pp 4y agoThe right has been villainized for a very long time and for good reason. Left-leaning people discovering that their side is just as bad and untrustworthy when given enough power is, I believe, the reason people are pointing it out. The left were supposed to be the good guys. You don't begrudge the scorpion for stinging as much as the frog that promised would lead you to a more fair and just land, only to carry you to scorpion island.
- djur 4y agoThe left (or at least the fairly broad swath I'm acquainted with) has been mostly hostile to crypto and skeptical of "effective altruism" for years. I don't know anybody on the left who would have identified SBF as "one of the good guys" before this all came out; "yet another tech bro who thinks he knows how to save the world" is more like it.
- jack_pp 4y agoI've only ever heard of left-leaning publications that find excuses for him. Maybe individuals you are acquainted with are as you said but that wasn't what me or parent were talking about
- rootusrootus 4y agoYou might try reading Fox News sometime. It is fascinating to see what they choose to completely ignore, even big news, because it does not fit their agenda. Be very careful getting your news from a single partisan outlet however, if you care to be well informed.
- ROTMetro 4y agoAs a libertarian the last two years has caused to be actively stop reading 'right leaning' papers. I remember when the Right made fun of the Left for being the whiny, constantly claiming they're oppressed, do nothing but complain group. Take all that and ad a ton of hate and anger and you get 'news' from the Right today. I had to drop cable to do it though. I could not stop going back to Fox and getting worked up about BS. Then I had to add all my old Right wing websites to NextDNS because I kept getting drawn back. Just like if I was in a cult. I'm so much happier now.
- bobkazamakis 4y agoYeah! I get my information from the most unbiased sources I can, like Fox News and the daily stormer!
- object-a 4y agoThe NYT profiles I've seen is pretty clear that Alameda and FTX were mingling customer funds, that he refused to answer questions about the handling of funds, and that he was under investigation. > But he would offer only limited details about the central questions swirling around him: whether FTX improperly used billions of dollars of customer funds to prop up a trading firm that he also founded, Alameda Research. The Justice Department and the S.E.C. are examining that relationship. > Alameda had accumulated a large “margin position” on FTX, essentially meaning it had borrowed funds from the exchange, Mr. Bankman-Fried said. “It was substantially larger than I had thought it was,” he said. “And in fact the downside risk was very significant.” He said the size of the position was in the billions of dollars but declined to provide further details. > Around the time the crypto market crashed this spring, Ms. Ellison explained, lenders moved to recall those loans, the person familiar with the meeting said. But the funds that Alameda had spent were no longer easily available, so the company used FTX customer funds to make the payments. Besides her and Mr. Bankman-Fried, she said, two other people knew about the arrangement: Mr. Singh and Mr. Wang. https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankma...
- listenallyall 4y agoPerhaps you think you're providing evidence of hard-hitting journalism, but it's the opposite. They are framing premeditated, intentional fraudulent activity as a series of mistakes and oversights. It was substantially larger than I had thought it was -- whoopsie! the funds that Alameda had spent were no longer easily available (and why is that, hmmm?) , so the company used FTX customer funds to make the payment -- didnt want to, just rearranging some furniture!
- stusmall 4y agoI've seen a few people say that was a puff piece. I thought it made him look bad and covered the accusations of fraud. What are folks looking for? A headline directly calling him a villain? Ha, After typing this I went to double checked my memory of the article. They literally refer to him as a villain in the first paragraph. Even my hyperbole can't stand up.
- hgdfhgdfhgdf 4y ago- They didn't call out the conflict of interest between FTX and Alameda - No question about commingling funds between FTX and Alameda - No question about his relationship with Alameda's CEO - No mention of the tweets he deleted
- stusmall 4y ago"But he would offer only limited details about the central questions swirling around him: whether FTX improperly used billions of dollars of customer funds to prop up a trading firm that he also founded, Alameda Research. The Justice Department and the S.E.C. are examining that relationship." Covers the first two. They refer to how intermingled they were several times. Its a major point of the article. "He lived in a five-bedroom penthouse in the Albany resort’s Orchid building, with Ms. Ellison, Mr. Singh, Mr. Wang and six others. Mr. Bankman-Fried and Ms. Ellison were at times romantically involved, two people said." This covers point 3 It didn't mention the deleted tweets though but that's minor compared to everything else. Are we talking about different articles? This is the one I normally see people complaining about from them: https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankma...
- listenallyall 4y agoSinger-songwriter, and former free medical clinic employee Charles "Charlie" Manson, who wrote at least one song eventually recorded by the Beach Boys, died earlier today. Despite not being present at the scene of any of the crimes, Manson, a victim of America's "cradle-to-prison pipeline" starting at age 5 when his parents were both incarcerated, and was allegedly raped at a reform school, was convicted on seven charges of first-degree murder. The prosecutors also conceded that Mr. Manson never directly instructed anybody to commit the murders, yet he was sentenced to death. Manson, who earned a following preaching a unique, persuasive self-made philosophy based partly on the Bible, Dale Carnegie and the Beatles, has remained as perhaps the most popular and controversial criminal in the United States in the 20th Century.
- dmix 4y agoNot true, there were plenty of people on HN that were upset he was being "given a platform". People think he should be punished by being ignored by the larger publications or something. He was still giving Twitter interviews with lots of popular crypto people all the time so I doubt it would have done anything.