Around the Web – Original Source: www.worldtribune.com
Big Media watchdogs of the cryptocurrency industry were seemingly caught off guard by the extent of the collapse of FTX and the downfall of Sam Bankman-Fried, who some pundits had crowned the next Warren Buffet. Sam Bankman-Fried Were they really?
According to a Nov. 15 report by Tablet magazine’s Ashley Rindsberg, FTX CEO Sam Bankman-Fried “dispersed investments, advertising dollars, sponsorships, and donations to key news outlets — including ProPublica, Vox, Semafor, and The Intercept — with extraordinary effectiveness.”
What did SBF’s bankrolling of Big Media outlets buy?Plenty of glowing coverage and a hands-off approach to SBF’s sketchy empire, Rindsberg writes:“With all […]
Around the Web – Original Source: www.worldtribune.com