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.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| 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 |
