Musk, Hoskinson, And Crypto Community Slam New York Times’ SBF Article
To anyone who hasn’t read or heard what was written in the NYT’s article, anyone with an inkling of sense should be mad as the article is nothing but a sham.
There are seldom times when the entire crypto community comes together on any matter but one of these rare occurrences has taken place this week. It comes hot on the heels of the FTX collapse and an article from the New York Times following an interview with the now ex-CEO of FTX, Sam Bankman-Fried (SBF). Not long after the article was published, participants in the space have taken to social media to air their displeasure with it.
NYT Article Sparks Backlash
When crypto exchange FTX had inevitably collapsed following the bank run, New York Times had gotten SBF to sit down for an interview. The interview was one hour long and the resulting article was published not long after. However, the article would do nothing but attract the ire of the crypto community.
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The most basic of the complaints about the NYT article was the fact that it did not touch on what SBF and FTX had actually done. By the time of the article, it was already clear that billions of dollars were already lost as users were no longer able to withdraw funds.
According to the complaints, they wanted the publication to address important issues and ask hard-hitting questions too. These include that SBF did not inform the public that he was sending user funds to Alameda Research or that he actually had a way to access those funds in the first place. Rather, the article seems to focus on SBF and how he was doing, and not actually what he had done to the users of the crypto exchange.