Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried

2 years ago

The nonfiction bizarrely contrasts the alleged fraud carried retired by Sam Bankman-Fried against pack unit connected the Bahamian land of New Providence.

Community slams NYT for its latest 'sympathy piece' connected  FTX's Bankman-Fried

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Collect this nonfiction arsenic NFT

The online assemblage including immoderate cryptocurrency figures has condemned the latest alleged “sympathy” articles from The New York Times — written astir FTX laminitis Sam Bankman-Fried.

Throughout the nonfiction published connected Dec. 26 titled In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried, The New York Times writer Rob Copeland interviewed section Bahamians who appeared to person mostly affirmative things to accidental astir the cryptocurrency speech founder.

One nonmigratory opined helium had a “good heart” with different section saying they “feel atrocious for him.” A nonmigratory interviewed for the nonfiction adjacent said it “doesn't marque immoderate sense” that Bankman-Fried’s alleged crimes landed him successful prison.

The nonfiction suggests that the glowing reviews of Bankman-Fried by locals stem from his millions of dollars worthy of donations to section charities, churches and authorities entities including the police. The FTX founder's plans to physique a edifice and FTX caput bureau were considered different affirmative by locals.

Cryptonator, a self-described “crypto-degen” said Bankman-Fried “did it similar Pablo Escobar” successful regards to his donations to section charities and the government. Escobar, a notorious Columbian narcoterrorist and cause lord spent millions of dollars connected gathering infrastructure and donating to foundation successful an effort to garner favour with locals.

SBF did it similar Pablo Escobar:

'[...] donated millions of dollars to a dizzying postulation of Bahamian charities, churches and authorities entities — including the section police.'

And according to this NYT article, it worked:

'I deliberation helium had a bully heart'https://t.co/4bQe7EZdsV pic.twitter.com/lRqHh3ILOh

— CR1337 (@cryptonator1337) December 27, 2022

Only 1 idiosyncratic interviewed for the nonfiction appeared antagonistic abou the billions of dollars of alleged fraud by the FTX laminitis which included stealing lawsuit funds, saying it gave them a “negative outlook connected crypto.”

“Why would you people this” 1 Twitter user asked, “this is embarrassing,” different wrote.

“Gotta respect the NYT for doubling down,” 1 idiosyncratic tweeted successful notation to a Nov. 14 New York Times nonfiction that was besides slammed by the crypto community past arsenic a “puff piece.”

Perhaps 1 of the astir egregious parts of the nonfiction was a conception wherever it calls Bankman-Fried’s years-long fraud “troublesome” but “hardly comparable to the pack violence” connected the land of New Providence.

Olayemi Olurin, a autochthonal Bahamian and New York nationalist defender, posted a video to Twitter blasting the nonfiction saying:

“The lengths they volition spell to effort to prop up this achromatic collar transgression and they instantly commencement trying to criminalize a achromatic federation [with pack violence]. The Bahamas is not immoderate pack violence-ridden state get the fuck retired of here.”

“Bahamians bash not springiness a fuck astir that man,” she added.

Related From the NY Times to WaPo, the media is fawning implicit Bankman-Fried

Others successful the crypto assemblage came guardant to knock the piece.

Crypto newsletter founder, Alex Valaitis, said helium “can’t judge your gag of an enactment continues to effort to people puff pieces connected the biggest fraud since Madoff.” Bernie Madoff was recovered blameworthy of moving the largest Ponzi strategy to day to the tune of astir $65 billion.

Can’t judge your gag of an enactment continues to effort to people puff pieces connected the biggest fraud since Madoff…

Actually, I tin judge it.

I volition bask watching your continued decline.

— Alex Valaitis (@alex_valaitis) December 26, 2022

Podcast host, Scott Melker, said the nonfiction was “astoundingly absurd and inappropriate” and likened The New York Times to United States tabloid paper the National Enquirer.

Astoundingly absurd and inappropriate.

The New York Times has go the National Inquirer. https://t.co/YNwt0XhfeE

— The Wolf Of All Streets (@scottmelker) December 27, 2022

Bankman-Fried was arrested connected Dec. 12 connected aggregate charges relating to ligament fraud and wealth laundering. He was extradited to the U.S. connected Dec. 21 and is presently out connected bail aft his parents posted their Palo Alto home arsenic collateral for the $250 cardinal bond.

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