The New York Times appears to be treating disgraced crypto CEO and Democrat megadonor Sam Bankman-Fried, accused of mishandling FTX customer investments on a massive scale, with kid gloves.
Paragraph after paragraph in the Times gives a gentle light to FTX’s extraordinary implosion, explaining that SBF’s “ambitions exceeded his grasp” or speculating that perhaps he was “overly dependent” on a small group of advisors.
And, according to the Times, SBF’s lean staff count wasn’t further evidence that it was all just smoke and mirrors, but rather something to be proud of, along with his charitable contributions. Again, this characterization from SBF makes it sound as if he just overextended himself in an otherwise reputable venture. In reality, SBF had built a house of cards “where each individual card is itself a house of cards,” asof course, shares something in common with Bankman-Fried: both are closely aligned with the Democrat party, with Bankman-Fried spending millions of dollars to elect Joe Biden in 2020, and millions more to elect Democrat candidates in 2022.
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