{"id":1742692,"date":"2022-11-17T14:02:50","date_gmt":"2022-11-17T19:02:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1742692"},"modified":"2022-11-17T14:02:53","modified_gmt":"2022-11-17T19:02:53","slug":"shameless-media-just-cant-quit-love-affair-with-crypto-creep-sbf","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shameless-media-just-cant-quit-love-affair-with-crypto-creep-sbf\/","title":{"rendered":"Shameless Media Just Can\u2019t Quit Love Affair With Crypto Creep SBF"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fshameless-media-just-cant-quit-love-affair-with-crypto-creep-sbf%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1742692&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Don\u2019t expect the Left-wing press to admit it got snookered by a shibboleth-spewing schlub.<\/p>\n<p><a href=\"https:\/\/www.dailywire.com\/news\/we-got-overconfident-and-careless-sam-bankman-fried-reveals-what-went-wrong-with-ftx\/\" target=\"_blank\" rel=\"noopener\">Sam Bankman-Fried<\/a>, who is accused of pulling off a Madoff-level investment scam, somehow still has the media in his otherwise empty pockets. Even his own shocking admission that his \u201cwoke\u201d persona was as big a fraud as his cryptocurrency exchange may not be enough to stem the deluge of journalistic valentines.<\/p>\n<p>SBF, as the friendly press likes to refer to the phony philanthropist, lost billions of dollars of his clients\u2019 money. His company, FTX, helpfully held the coins of people who didn\u2019t want to bother with \u201ccold storage,\u201d the complicated process of personally securing their crypto investments. Except he didn\u2019t hold the money, he blew it. Oh, and SBF\u2019s company FTX, had a crypto token of its own which appears to have been a total scam.<\/p>\n<p>Now that SBF\u2019s empire has crumbled and he may be prison-bound, you might think the financial press would turn on him. After all, he made them look like complete fools for buying his seemingly selfless pledges to give away a fortune once estimated at $25 billion to save the globe from global warming, pandemics, and evil conservatives.<\/p>\n<p>But much of the media still seems to believe SBF is the good guy who slept on a beanbag chair in his office and eschewed respectable attire and personal hygiene to focus on solving the world\u2019s problems. After all, this was the man who hobnobbed with Bill Clinton and Tony Blair, donated about $30 million to Democrats for the midterms, and promised to give billions more to a host of causes. \u201cEarning-to-give,\u201d was his policy.<\/p>\n<p>\u201cIf what you\u2019re trying to do is donate, you should make as much as you can and give as much as you can,\u201d Bankman-Fried told Recode last year.<\/p>\n<p lang=\"en\" dir=\"ltr\">What are the leftist media hiding in their coverage of the failed cryptocurrency exchange FTX? <\/p>\n<p>Its CEO, Sam Bankman-Fried, was one of the biggest Democratic donors in the last election cycle \u2013 second only to George Soros. <a href=\"https:\/\/t.co\/xigg7l6DcN\">https:\/\/t.co\/xigg7l6DcN<\/a><\/p>\n<p>\u2014 Media Research Center (@theMRC) <a href=\"https:\/\/twitter.com\/theMRC\/status\/1593259641219194880?ref_src=twsrc%5Etfw\">November 17, 2022<\/a><\/p>\n<p>But now that he\u2019s lost \u2013 or stolen \u2014 the money with which he was entrusted, SBF won\u2019t be able to spend it to save humanity. A Washington Post headline on Wednesday lamented the price mankind may now pay because of SBF\u2019s tragic plight.<\/p>\n<p>\u201cFTX collapse dooms founder\u2019s effort to prevent another pandemic,\u201d it read before someone at the newspaper that once called the head of ISIS an \u201c<a href=\"https:\/\/www.dailywire.com\/news\/58280\/\" target=\"_blank\" rel=\"noopener\">austere religious scholar<\/a>\u201d mustered enough shame to change it to, \u201c<a href=\"https:\/\/www.washingtonpost.com\/health\/2022\/11\/16\/sam-bankman-fried-ftx-pandemic-prevention\/\" target=\"_blank\" rel=\"noopener\">Before FTX collapse, founder poured millions into pandemic prevention<\/a>.\u201d<\/p>\n<p>A saccharinely soft New York Times interview with SBF was published Monday under the headline, \u201c<a href=\"https:\/\/www.nytimes.com\/2022\/11\/14\/technology\/ftx-sam-bankman-fried-crypto-bankruptcy.html#:~:text=How%20Sam%20Bankman-Fried\u2019s%20Crypto%20Empire%20Collapsed%20Mr.%20Bankman-Fried,details%20about%20his%20handling%20of%20FTX%20customers\u2019%20funds.\" target=\"_blank\" rel=\"noopener\">How Sam Bankman-Fried\u2019s Crypto Empire Collapsed<\/a>.\u201d A good editor might have distilled the answer down to something like, \u201cHe\u2019s a crook,\u201d or found a few places to deftly work the word \u201cfraud\u201d into the copy. A great editor might have sent it back to the writer with a subject line like, \u201cWTF?\u201d<\/p>\n<p>No, the Old Gray Lady tied itself in knots portraying SBF as a well-meaning, big-hearted entrepreneur who maybe should have paid closer attention to his customers\u2019 money. It didn\u2019t press SBF on why he allegedly <a href=\"https:\/\/www.reuters.com\/technology\/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10\/\" target=\"_blank\" rel=\"noopener\">gave at least $4 billion of other people\u2019s money<\/a> to a hedge fund run by his novice investor on-and-off girlfriend, who promptly lost it. There was nothing about SBF\u2019s private jet and over $40 million Bahamas real estate portfolio, allegedly fraudulent bookkeeping, mysteriously wiped servers, or that \u201chack\u201d that emptied the last $400 million from FTX coffers as the company collapsed.<\/p>\n<p>It\u2019s worth noting that SBF\u2019s victims included not just big players like crypto lender BlockFi, which may soon file for bankruptcy because of its exposure to FTX, but a bunch of regular folks, too. SBF had a strategy of recruiting beloved sports stars like Tom Brady, Shaquille O\u2019Neal, and Stephen Curry to make cryptocurrency investments appeal to everyday people.<\/p>\n<p>The real SBF revealed himself this week in a Twitter direct message interview with Vox\u2019s Kelsey Piper. The fawning media will hate reading what he said almost as much as SBF\u2019s lawyers.<\/p>\n<p>\u201cMan all the dumb s*** I said,\u201d Bankman-Fried wrote. \u201cIt\u2019s not true, not really \u2026 some of this decade\u2019s greatest heroes will never be known, and some of its most beloved people are basically shams.\u201d<\/p>\n<p>Piper prodded him: \u201cYou were really good at talking about ethics, for someone who kind of saw it all as a game with winners and losers.\u201d<\/p>\n<p>\u2018Ya hehe \u2013 I had to be,\u201d SBF replied. \u201cIt\u2019s what reputations are made of, to some extent. I feel bad for those who get f***ed by it \u2026 by this dumb game we woke westerners play where we say all the right shiboleths and so everyone likes us.\u201d<\/p>\n<p>Next week, the New York Times and World Economic Forum partner Accenture plan to co-host <a href=\"https:\/\/twitter.com\/loffredojeremy\/status\/1593115059819274240?s=20&#038;t=v-LlGfEcEmwO9SwpMqB4Ew\" target=\"_blank\" rel=\"noopener\">a live event<\/a>\u00a0featuring Sam Bankman-Fried,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Don\u2019t expect the Left-wing press to admit it got snookered by a shibboleth-spewing schlub. Sam Bankman-Fried, who is accused of pulling off a Madoff-level investment scam, somehow still has the media in his otherwise empty pockets. Even his own shocking admission that his \u201cwoke\u201d persona was as big a fraud as his cryptocurrency exchange may &#8230;<\/p>\n","protected":false},"author":729,"featured_media":1742695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1742692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1742692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/729"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1742692"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1742692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1742695"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1742692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1742692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1742692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}