The leftist media still seems strangely intent on rehabbing disgraced FTX founder Sam Bankman-Fried’s image with some out there thinking that because he has pull and powerful friends he will never see the inside of a jail cell and, at the very least, will make bank off his crimes.
(Video Credit: Fox News)
Fox News co-host Rachel Campos-Duffy pointed out on “The Five” Wednesday that The New York Times had put out yet another “puff piece” whining that Bankman-Fried’s indictment and extradition could hurt the Bahamas, where he lived and worked. The media outlet is suddenly concerned with the country’s tourism industry and investment monies.
“If you steal billions of dollars from average Americans, you are not a celebrity. You are a criminal. And yet this guy is being treated like a celebrity. And I believe something is going on here,” she charged.
Campos-Duffy went on to point out that the “crypto king” is acting like he’s not in any real trouble.
“It could be that this guy is meant to create so much doubt in [unregulated] crypto, right – that it would make it easier for our government to usher in the digital dollar, which, as you know, is a powerful tool to control people,” she astutely contended.
9 months ago, Sam Bankman-Fried diverted $100 million in customer money to invest in a company called "Dave"
Dave is down 95% since then pic.twitter.com/3gASo3fmbF
— Genevieve Roch-Decter, CFA (@GRDecter) December 29, 2022
BREAKING: The SEC charges Sam Bankman-Fried with fraud (again).
Sam and FTX diverted $200 million in customer funds to its venture fund, investing $100 million into a fintech company called "Dave"
— Genevieve Roch-Decter, CFA (@GRDecter) December 28, 2022
Digitizing the dollar would ostensibly be one way for the US government to ditch its massive debt. Campos-Duffy argued that digitizing the dollar takes us one step closer to a Chinese Communist Party-style “social credit score” system.
“I believe we’ve already seen elements of that before,” she stated.
Bankman-Fried was released on a $250 million bail. He is now under house arrest and is meeting with politicians, celebrities, and filmmakers.
Just so you know …
Sam Bankman-Fried didn't really pay a $250 million dollar bail – he paid nothing, his parents put up a $4 million dollar home, and he walked.
Everything they tell you is always a lie.
— Catturd ™ (@catturd2) December 23, 2022
He appears to be turning his crypto crime saga into a moneymaker with the help of a top writer who wrote the Hollywood hit “The Big Short,” according to the New York Post. Best-selling author Michael Lewis was seen at Bankman-Fried’s parent’s home where he’s lounging these days. They have reportedly been confabbing for about six months, long before FTX blew up.
The MIT whiz kid’s loss of investors’ billions is evidently a perceived goldmine and Lewis’ reps assert that Bankman-Fried’s story is “more than sufficient for a signature Michael Lewis book.,” according to the New York Post.
Later in the segment, leftist co-host Richard Fowler agreed that Bankman-Fried should be behind bars and not under house arrest at his parent’s estate. He intimated that the federal government dropped the ball on this one.
“If you read this piece by The New York Times, what they talk about regarding the Bahamas specifically, it’s important to give that some perspective,” he remarked. “The Bahamas is a country that benefits off of tourism. So the idea that Sam Bankman-Fried was bringing in these folks that were spending millions of dollars in that country is the reason why [they] liked him.”
NY Times Propaganda Machine needs to be reminded that Saint Sam Bankman Fried “disappeared” $8.5 Bil of customer assets. SBF literally stole customer assets to cover his losses, he’s no one’s hero@nytimes is a laughingstock misinformation machines, at NYT, journalism is dead pic.twitter.com/3gZVmnHKjG
— 9thDecimal.io (@9thdecimal) December 28, 2022
He went on to state how the Bahamian government allegedly has it together much more so than the US when it comes to regulating cryptocurrency investing.
“So maybe we should copy and paste their crypto policy here and maybe Sam Bankman-Fried would not have been able to take it,” Fowler commented.
Bankman-Fried is the subject of much controversy out there. Even South Park is getting in on the subject. They did a hilarious skit on him that pretty much hits it on the head.
He is expected to enter a plea next week and presumably will say he’s sorry.
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