{"id":515014,"date":"2022-11-24T03:34:09","date_gmt":"2022-11-24T00:34:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/semafor-under-fire-for-not-returning-investment-by-ftxs-sam-bankman-fried\/"},"modified":"2022-11-24T03:34:09","modified_gmt":"2022-11-24T00:34:09","slug":"semafor-under-fire-for-not-returning-investment-by-ftxs-sam-bankman-fried","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/semafor-under-fire-for-not-returning-investment-by-ftxs-sam-bankman-fried\/","title":{"rendered":"#Semafor under fire for not returning investment by FTX&#8217;s Sam Bankman-Fried"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 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-6a2413720e354\" 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-6a2413720e354\" 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\/semafor-under-fire-for-not-returning-investment-by-ftxs-sam-bankman-fried\/#%E2%80%9CSemafor_under_fire_for_not_returning_investment_by_FTXs_Sam_Bankman-Fried%E2%80%9D\" >&#8220;Semafor under fire for not returning investment by FTX&#8217;s Sam Bankman-Fried&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CSemafor_under_fire_for_not_returning_investment_by_FTXs_Sam_Bankman-Fried%E2%80%9D\"><\/span>&#8220;Semafor under fire for not returning investment by FTX&#8217;s Sam Bankman-Fried&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Semafor, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> site launched last month after getting a large infusion of cash from disgraced FTX founder Sam Bankman-Fried, has come under fire for staying mum about whether it will return the now-bankrupt crypto firm\u2019s money.<\/p>\n<p>Bankman-Fried was reportedly an initial investor in the $25 million raised by Semafor\u2019s founders \u2014 former Bloomberg <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> CEO Justin Smith and former New York Times media columnist and Buzzfeed editor in chief Ben Smith.<\/p>\n<p>After FTX imploded and filed for bankruptcy this month, there have been calls for Semafor to return the cash. <\/p>\n<p>Semafor has not addressed the issue, stating to blogger Mickey Klaus that it is \u201cmonitoring the evolving situation closely.\u201d<\/p>\n<p>In his blog post entitled \u201cSend it Back Ben,\u201d Klaus <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/kaus.substack.com\/p\/send-it-back-ben\">wrote<\/a>: \u201cThat\u2019s nice, but actually, I wasn\u2019t worried that Semafor wouldn\u2019t be able to hold on to its Bankman bucks. The question more is: Will Semafor give the money back?\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-496.jpg?w=1024\" alt=\"Sam Bankman-Fried, founder and chief executive officer of FTX\" class=\"wp-image-24772943\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-496.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-496.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-496.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Sam Bankman-Fried, founder and chief executive officer of FTX, invested in a slew of media companies, including Semafor. <\/figcaption><figcaption><span class=\"credit\">Bloomberg via Getty Images<\/span><\/figcaption><\/figure>\n<p>He continued that \u201clegally\u201d the issue is murky, but that \u201cmorally,\u201d it seems \u201copen and shut.\u201d<\/p>\n<p>\u201cMaybe Bankman-Fried wasn\u2019t a felon\u2026..but the stench of sleaze and scamming is unmistakable and familiar,\u201d he wrote. <\/p>\n<p>A Semafor rep did not return The Post\u2019s request for comment.<\/p>\n<p>Semafor\u2019s credibility also came into question after it published an article about Bankman-Fried\u2019s relationship with Elon Musk, claiming that the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/11\/22\/2022\/sam-bankman-fried-elon-and-a-secret-text\">crypto CEO owned $100 million in Twitter since Musk took the company private<\/a>. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"682\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-494.jpg?w=682\" alt=\"Ben Smith\" class=\"wp-image-24772962\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-494.jpg?quality=75&amp;strip=all&amp;w=1023 1023w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-494.jpg?quality=75&amp;strip=all&amp;w=682 682w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-494.jpg?quality=75&amp;strip=all&amp;w=341 341w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/semafor-494.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 682px) 100vw, 682px\"\/><figcaption>Ben Smith\u2019s Semafor published a piece on Elon Musk\u2019s ties to Sam Bankman-Fried, which was slammed by the Twitter CEO as a \u201clie.\u201d<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>Musk denied the report and called out Ben Smith for failing to disclose how much Bankman-Fried, known as SBF, invested in his company.<\/p>\n<p>\u201cAs I said, neither I nor Twitter have taken any investment from SBF\/FTX. Your article is a lie. Now, I\u2019m asking again, how much of you does SBF own?\u201d Musk <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1595494411579711490?s=20&amp;t=DAya9y-3H9cQCHMDTYAnQw\">tweeted<\/a> Wednesday.<\/p>\n<p>Ben Smith replied: \u201cLike you and many others, we took an investment from him. We have covered him aggressively, and disclose it every time we write about him.\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-wrapper twitter\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As I said, neither I nor Twitter have taken any investment from SBF\/FTX. Your article is a lie. <\/p>\n<p>Now, I\u2019m asking again, how much of you does SBF own?<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1595494411579711490?ref_src=twsrc%5Etfw\">November 23, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/figure>\n<p>At launch in October, Semafor told Reuters that it \u201craised $25 million from investors including David Bradley, owner of The Atlantic magazine; Jessica Lessin, founder of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> website Information; and cryptocurrency exchange FTX founder Sam Bankman-Fried.\u201d <\/p>\n<p>As FTX unspooled, Bankman-Fried\u2019s investments in other media companies like ProPublica, Vox Media, The Intercept and The Law and Justice Project were revealed, leaving critics to question whether his money <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/JackPosobiec\/status\/1593975446261338115?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1593975446261338115%7Ctwgr%5Efacdb8a7f2682532d8358bd04d3ef3b0781f2668%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthepostmillennial.com%2Frevealed-ftx-crypto-bro-showered-media-orgs-vox-propublica-intercept-semafor-and-more-with-investment-money\">impacted their coverage<\/a>.<\/p>\n<p>\u201cThey all took it,\u201d Human Events Daily\u2019s Jack Posobiec\u00a0wrote\u00a0on Twitter, \u201cand none of them broke the story.\u201d\n                        <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\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 News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/11\/23\/semafor-under-fire-for-not-returning-investment-in-startup-by-ftxs-sam-bankman-fried\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Semafor under fire for not returning investment by FTX&#8217;s Sam Bankman-Fried&#8221; Semafor, a news site launched last month after getting a large infusion of cash from disgraced FTX founder Sam Bankman-Fried, has come under fire for staying mum about whether it will return the now-bankrupt crypto firm\u2019s money. Bankman-Fried was reportedly an initial investor in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":515015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/newspress-collage-24770353-1669249804490.jpg?quality=75&strip=all&1669231836&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[89897,136078,80918,76127,72323,73711],"class_list":["post-515014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sam-bankman-fried","tag-11-23-22","tag-ben-smith","tag-cryptocurrency","tag-digital-media","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/515014","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=515014"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/515014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/515015"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=515014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=515014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=515014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}