On November 14, the New York Times (NYT) published a massive 2,200-word exposé and interview with former FTX CEO Sam Bankman-Fried (SBF), and the article was widely criticized upon publication. The article noted that the SBF would provide only “limited details about the central questions revolving around it,” and much of the article cited a number of former employees and sources familiar with the matter.
New York Times article interviewing former FTX CEO Sam Bankman-Fried criticized for “disgraceful reporting”
The New York Times (NYT) news outlet is dealing with a flurry of criticism of an interview with former FTX CEO Sam Bankman-Fried (SBF) after publishing a NYT editorial dated November 14, 2022. the editorial and interview is 2,200 words long and includes direct comments from the former FTX chief. However, the beanbag-loving SBF doesn’t go into too much detail about what’s going on, and the new information people learned from the NYT report was that SBF has been sleeping more these days.
SBF told NYT reporters: “You thought I wasn’t sleeping right now, I’m taking a nap instead.” The former FTX CEO “could be worse,” he said in a wide-ranging interview late Sunday night. However, after the SBF interview was published, the NYT article was dismissed by many critics as not addressing meaningful questions about the SBF’s collapse.
“Disgraceful report by [New York Times] About FTX”, economist and trader Alex Krüger he wrote. “It portrays SBF as a philanthropic entrepreneur with no mention of fraud, crime, drug abuse, friends and family Bahamas KYC racket, hack, stolen funds or wiped servers anywhere,” Kruger said.
“NYT releases softball piece on SBF portraying her as a monster who’s really in over her head,” Chris Josephs wrote he tweeted. “While writing hit pieces about Coinbase CEOs [and] Kraken, two people who really protect their clients’ assets. It turned out that FTX donated 70 million dollars to politicians in 2022. Another man he explained of the entire 2,200-word article there [were] zero mentions of the words fraud, Enron, crime, illiquid, stolen, secret, criminal, and backdoor.
Financial publication Zerohedge also chimed in and he said:
A massive 2,200 word article on SBF in the NYT. Marking donations to Democrats = 0.
Entrepreneur Balaji Srinivasan later criticized the NYT article. “The New York Times is covering up the crimes of Sam Bankman-Fried,” – Srinivasan he tweeted. “You can’t trust anything the SBF says. Nothing the NYT says can be trusted either. But dunking does nothing. Lies increase their traffic. But you have a choice. Mass blocks them all at once,” added Srinivasan.
Alex Gladstein, chief strategist at the Human Rights Foundation, also shared his two cents about the NYT article. “The fact is that [New York Times] They call Bitcoin evil, criminal, destructive, etc. refuses to call out the SBF as frauds *even today* and tells you everything you need to know about their agenda.” he tweeted Monday.
Another new tidbit shared in the NYT article was that SBF still plays video games. Commenting on playing the video game Storybook Brawl, SBF told the NYT that the game helped him “relax a bit” and clear his mind.
What did you think of the New York Times’ recent interview with SBF? Let us know what you think about this topic in the comments section below.
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