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On Nov. 14, the New York Instances (NYT) revealed a large 2,200-word expose and interview with the previous CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized an important deal after it was revealed. The article famous that SBF would solely supply “restricted particulars concerning the central questions swirling round him,” and a lot of the article cited various former staff and sources conversant in the matter.
New York Instances Article Interviewing Former FTX CEO Sam Bankman-Fried Slammed for ‘Disgraceful Reporting’
The information publication the New York Instances (NYT) is coping with lots of criticism tied to an interview with the previous CEO of FTX, Sam Bankman-Fried (SBF), after the NYT revealed the editorial on Nov. 14, 2022. The editorial and interview is 2,200 phrases lengthy, and it accommodates direct feedback from the previous FTX govt. Nonetheless, the bean-bag-loving SBF doesn’t get into a lot element about what occurred, and the brand new info individuals discovered from the NYT report was that SBF was getting extra sleep lately.
“You’ll’ve thought that I’d be getting no sleep proper now, and as a substitute I’m getting some,” SBF advised the NYT reporters. “It could possibly be worse,” the previous FTX CEO added in a “wide-ranging interview on Sunday that stretched previous midnight.” Though, after the interview with SBF was revealed, the NYT article was dunked upon by a myriad of critics for not grilling SBF for solutions to significant questions concerning the collapse.
“Disgraceful reporting by the [New York Times] on FTX,” the economist and dealer Alex Krüger wrote. “It portrays SBF as a charitable entrepreneur who went beneath and doesn’t point out the phrases fraud, legal, substance abuse, pals & household Bahamas KYC racket, hack, stolen funds or wiped servers wherever,” Krüger added.
“The NYT drops a softball piece on SBF portray him as an aspirational dude who genuinely bought in over his head,” Chris Josephs tweeted. “Whereas writing hit items on the CEOs of Coinbase [and] Kraken, two who really protected their purchasers’ property. Seems FTX donated $70M to politicians in 2022.” One other particular person explained that out of your entire 2,200-word article, there [were] zero mentions of the phrases fraud, Enron, crime, illiquid, stolen, hidden, legal, and again door.
The monetary publication Zerohedge additionally chimed in and said:
Huge 2,200-word article on SBF within the NYT. Mentions of donations to democrats = 0.
The entrepreneur Balaji Srinivasan additional criticized the NYT’s article. “The New York Instances is protecting up Sam Bankman-Fried’s crimes,” Srinivasan tweeted. “Nothing SBF says will be trusted. Nothing NYT says will be trusted both. However dunking does nothing. Lies make their visitors rise. You do have one possibility, although. Mass block them multi functional go,” Srinivasan added.
The chief technique officer on the Human Rights Basis, Alex Gladstein, additionally shared his two cents concerning the NYT article. “The truth that the [New York Times] protects and refuses to name SBF out as a scammer *even right now* whereas they proceed to assault Bitcoin as dangerous, legal, damaging, and so on tells you all you’ll want to learn about their agenda,” Gladstein tweeted on Monday.
One other new piece of knowledge shared within the NYT article was the truth that SBF continues to be taking part in video video games. Whereas commenting about taking part in the online game “Storybook Brawl,” SBF advised NYT that the sport helps him “unwind a bit” and that it clears his thoughts.
What do you concentrate on the latest New York Instances interview with SBF? Tell us what you concentrate on this topic within the feedback part beneath.
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