Cardano founder Charles Hoskinson has criticized the media for giving former FTX CEO Sam Bankman-Fried a “free pass” and compared him to notorious fraudster Bernie Madoff. Hoskinson accused the media of ignoring evidence of misappropriation and theft of customer funds by Bankman-Fried and FTX. He specifically called out author Michael Lewis for his book on Bankman-Fried, which he labeled an “apology tour.” Bankman-Fried is currently on trial for conspiracy and fraud charges related to the collapse of FTX. Testimony during the trial has revealed Bankman-Fried’s lavish spending on PR, including paying millions of dollars to celebrities like Tom Brady and Kevin O’Leary. The trial has also focused on the disappearance of $8 billion of FTX customer funds.
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Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
negative |
Relevance Score |
0 |
People |
Tom Brady, Charles Hoskinson, Michael Lewis, Sam Bankman-Fried, Bernie Madoff |
Companies |
New York Times, Tom Brady, Nasdaq, Alameda Research, FTX |
Currencies |
Samsunspor Fan Token, bernie maddoff, Cardano |
Securities |
None |