{"id":510588,"date":"2022-11-15T12:29:09","date_gmt":"2022-11-15T09:29:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-twitter-unhappy-with-sbf-puff-piece-pushed-by-mainstream-media\/"},"modified":"2022-11-15T12:29:09","modified_gmt":"2022-11-15T09:29:09","slug":"crypto-twitter-unhappy-with-sbf-puff-piece-pushed-by-mainstream-media","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-twitter-unhappy-with-sbf-puff-piece-pushed-by-mainstream-media\/","title":{"rendered":"# Crypto Twitter unhappy with SBF \u2018puff piece\u2019 pushed by mainstream media"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a34d63253c0f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a34d63253c0f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-twitter-unhappy-with-sbf-puff-piece-pushed-by-mainstream-media\/#%E2%80%9D_Crypto_Twitter_unhappy_with_SBF_%E2%80%98puff_piece_pushed_by_mainstream_media_%E2%80%9C\" >&#8221; Crypto Twitter unhappy with SBF \u2018puff piece\u2019 pushed by mainstream media &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_Twitter_unhappy_with_SBF_%E2%80%98puff_piece_pushed_by_mainstream_media_%E2%80%9C\"><\/span>&#8221; Crypto Twitter unhappy with SBF \u2018puff piece\u2019 pushed by mainstream media &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvOTkwMzQ5ZmEtOTExNC00OTdmLWJiODYtNmQzOWUxYjViYzIyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-887bb764>When the world realized that\u00a0Sam \u201cSBF\u201d Bankman-Fried\u00a0had seemingly committed fraud when building his FTX empire, fellow entrepreneurs, investors and long-time believers unanimously acknowledged the damage caused to the credibility of the crypto ecosystem. On the other hand, some mainstream <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> outlets \u2014 which have predominantly attacked crypto via negative speculations \u2014 have seemingly taken sides with SBF while paying little to no heed to the losses exceeding billions of dollars incurred by the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> public.<\/p>\n<p>While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in a New York Times article on Nov. 14 in which he tries to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2022\/11\/14\/technology\/ftx-sam-bankman-fried-crypto-bankruptcy.html?unlocked_article_code=Pt2yWKX6xF0J0EMkZtp5eCXBpoOjjCrfMZVYlB3UnRI2a5qsZ_qFentKsCcOoNML5ZTvdsBqIkrZznwhVam0YlXUfROaCiA2PoopMI79BBfRpwQji9UCs8dqZZTl-yoT9r7ZRY0POyn1djB_vvOfcQhZLadamC8nb40wsypA6vvJ0bwC4sVlzZbLjeZQAMyT_PXpbRFe9Ezb8PJC4b41KktLNlNzUV6wwaV9uInLMtwKg_H5Hs-IEkp1cDZx_JTbOY7uh-fI0z-ru33e1YcOjlCyh1EPYLJl_AD2Y68oxWiH4DLduzlOVbqVfxJJbTVdSy_nzrK_KXv9L9TVXUaT276TRlfbdU8aQGjxnrOHctSaJyrgpQ&amp;smid=share-url\">explain<\/a> the sequence of events that led to the fall of the crypto exchange FTX. However, the article\u2019s tone did not resonate with many in the crypto community, with some accusing the NYT of being biased given\u00a0SBF\u2019s strong ties with United States politics.<\/p>\n<p>As pointed out by Bloomberg journalist Trung Phan, the \u201cpuff piece on SBF\u201d fails to mention the potential fraud and crimes committed by the entrepreneur. Instead, the NYT chose to report an angle no one expected.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Word count NYT&#8217;s puff piece on SBF: <\/p>\n<p>&#8220;Fraud&#8221;: 0<br \/>&#8220;Enron&#8221;: 0<br \/>&#8220;Crime&#8221;: 0<br \/>&#8220;Illiquid&#8221;: 0<br \/>&#8220;Stolen&#8221;: 0<br \/>&#8220;Hidden&#8221;: 0<br \/>&#8220;Criminal&#8221;: 0<br \/>&#8220;Back door&#8221;: 0<br \/>&#8220;He&#8217;s getting sleep&#8221;: 1 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/htbte8IyPI\">pic.twitter.com\/htbte8IyPI<\/a><\/p>\n<p>\u2014 Trung Phan (@TrungTPhan) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TrungTPhan\/status\/1592349684471037955?ref_src=twsrc%5Etfw\">November 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Several crypto entrepreneurs \u2014 including Polygon Studios CEO Ryan Wyatt, angel investor Balaji Srinivasan and billionaire Elon Musk\u00a0\u2014\u00a0openly criticized the NYT, saying it was trying to change the narrative. Wyatt tweeted at the author of the article, stating that SBF committed significant financial crimes, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Fwiz\/status\/1592360446677647360\">adding<\/a>:<\/p>\n<blockquote><p>\u201cIt\u2019s just a disservice to all of those impacted, and it\u2019s disheartening to see all of this just skimmed over like he made a simple mistake.\u201d<\/p><\/blockquote>\n<p>Srinivasan accused the New York Times of covering up the crimes committed by Sam Bankman-Fried. \u201cNothing SBF says can be trusted. Nothing NYT says can be trusted either,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/balajis\/status\/1592412516898201600\">said<\/a> Srinivasan while asking Crypto Twitter to mass block the media outlet for allegedly spreading disinformation. <\/p>\n<p>Musk, the talk of the town, also shared the same feelings, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1592358690350583809\">asking<\/a> a simple question on his recently purchased social media platform:<\/p>\n<blockquote><p>\u201cWhy the puff piece @nytimes?\u201d<\/p><\/blockquote>\n<p>At a time when entrepreneurs are trying to remediate the destruction caused to the crypto ecosystem, the community is keeping a close eye on what mainstream media reports. It is important to note that other mainstream media outlets \u2014 such as CNBC, The Financial Times and The Wall Street Journal \u2014 have had more balanced reporting on the actions of SBF and their significant harm.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>FTX collapse could see crypto sector layoffs accelerate<\/em><\/strong><\/p>\n<p>In a recent ask-me-anything (AMA) session conducted on Nov. 14, Binance CEO Changpeng Zhao asked investors to take responsibility for their investment decisions instead of purely blaming bad actors like FTX.<\/p>\n<p>\u201cAs a user, you also have responsibility \u2014 you can\u2019t just blame all of the responsibility to other people. When bad things h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en, if you blame all of the responsibility, if it\u2019s always to other people, you will never be successful,\u201d CZ explained.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-twitter-unhappy-with-sbf-puff-piece-pushed-by-mainstream-media\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto Twitter unhappy with SBF \u2018puff piece\u2019 pushed by mainstream media &#8220; When the world realized that\u00a0Sam \u201cSBF\u201d Bankman-Fried\u00a0had seemingly committed fraud when building his FTX empire, fellow entrepreneurs, investors and long-time believers unanimously acknowledged the damage caused to the credibility of the crypto ecosystem. On the other hand, some mainstream media outlets \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":510589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvOTkwMzQ5ZmEtOTExNC00OTdmLWJiODYtNmQzOWUxYjViYzIyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[135234,89897,74355,117,39394,65078,40445,4948,10401],"class_list":["post-510588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ftx","tag-sam-bankman-fried","tag-adoption","tag-business","tag-elon-musk","tag-mainstream","tag-media","tag-the-new-york-times","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/510588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=510588"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/510588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/510589"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=510588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=510588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=510588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}