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Re:FTX’s Collapse Was a Crime, Not an Accident by CTDOCodebases on Thursday December 01, 2022 @04:44AM (#33814230)
> In this case, it is very odd that much of the coverage has not been centred on fraud. I genuinely don’t understand why.

Its because news is for entertainment purpose not knowledge acquisition from the journalists perspective and secondly because powerful players are involved.

This guy donated 40 million dollars to the ruling political party and has parents with connections. Why would you write a truthful article outlining the grand fraud that took place when you only have something to loose by doing so?

Re:FTX’s Collapse Was a Crime, Not an Accident by jquery on Thursday December 01, 2022 @05:50AM (#33814660)
The guy donated heavily to both parties, he was just quiet about his donations to Republicans.
Re:FTX’s Collapse Was a Crime, Not an Accident by CTDOCodebases on Thursday December 01, 2022 @07:54AM (#33815625)
Says who?
Re:FTX’s Collapse Was a Crime, Not an Accident by DebtDeflation on Thursday December 01, 2022 @08:08AM (#33815746)
Says SBF himself in the interview he gave on Tuesday.

https://www.youtube.com/watch?v=6DezodR9hNI&t=774s

Re:FTX’s Collapse Was a Crime, Not an Accident by CTDOCodebases on Thursday December 01, 2022 @03:55PM (#33822584)
Not that it matters to the point that I was making but I wouldn't consider SBF a reliable source of the truth.

Remember this was the guy who said "FTX is fine. Assets are fine" and "We don't invest client assets (even in treasuries)".

I don't doubt that he did donate some money to the non ruling party but to quote what he is saying as truth or try and attribute a donation by an associated party to him is disingenuous.

Re:FTX’s Collapse Was a Crime, Not an Accident by jjoonathan on Thursday December 01, 2022 @08:55AM (#33816207)
SBF, but if "dark money" isn't concrete enough for you then the other co-CEO, Ryan Salame, donated about $22M openly to Republicans, and in the senate race SBF donated $66.7k to Republicans vs $49.2k to Democrats.

https://www.wsj.com/articles/sam-bankman-fried-ftx-team-amon...