Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs

Following the extremely criticized New York Times article that options commentary from the previous CEO of FTX, Sam Bankman-Fried (SBF), the general public continues to present the mainstream media flak for publishing “puff pieces” about SBF and the Alameda Research government Caroline Ellison. A variety of articles have been referred to as out for being too lenient on the previous FTX and Alameda executives and even going as far complimenting the people.

Critics Say Specific FTX-Related Articles Published by Forbes, Washington Post, and the Wall Street Journal Give Praise to FTX and Alameda Execs

On Nov. 15, 2022, Bitcoin.com News revealed an article in regards to the criticism a New York Times (NYT) article obtained after it revealed an article that mentioned the previous FTX government Sam Bankman-Fried (SBF) was sleeping higher and taking part in video video games. People weren’t too happy with the NYT article, and critics mentioned on the time that the information publication went mushy on SBF. The NYT article shouldn’t be the one editorial that mainstream media (MSM) shops have revealed that has caught flak for being mushy on former FTX and Alameda executives and even praising the people.

For occasion, critics slammed the Washington Post’s Dan Diamond for his report referred to as “Before FTX collapse, founder poured millions into pandemic prevention.” Diamond’s report highlights SBF’s vital donations towards initiatives that may forestall one other pandemic like Covid-19.

However, when the Washington Post tweeted Diamond’s story, the information outlet was dunked on for giving SBF reward. “Stop making him look noble. He was a crook running a Ponzi scheme,” on particular person wrote to the Washington Post (WP). Another particular person replied to the WP’s tweet and mentioned: “Where is the part that says ‘This Is a Sponsored Post.’”

The economist and dealer Alex Krüger additionally knocked the WP article when he tweeted:

Incredible. The @washingtonpost additionally determined to jot down about FTX as if it had been the case of a effectively intentioned charitable entrepreneur, fairly than what it’s: essentially the most egregious monetary fraud of the 21th century. What a shame.

Public Opinion Has Spoken: No One Cares That Alameda’s Top Exec Was a ‘Harry Potter Fan’ or So-Called ‘Math Whiz’

Some individuals called the Washington Post reporters clowns, and quite a few individuals called Diamond’s reporting a “puff piece.” The NYT article and the Washington Post editorial weren’t the one articles condemned for singing reward to FTX and Alameda executives. A Forbes article was additionally slammed for propping up the previous Alameda Research CEO Caroline Ellison.

At the time, the Twitter account referred to as “Unusual Whales” tweeted: “This is wild by Forbes. Caroline Ellison is called a ‘math whiz’ and a person who ‘takes big risks.’” Unusual Whales added:

Rather than being referred to as a person who went towards FTX’s personal phrases of companies, allegedly used buyer funds, and has not confronted recourse.

Furthermore, when Forbes shared the article on Twitter, the outline mentioned that the FTX story was a “new darling of the alt-right.” One particular person wrote: “What happened to Forbes? They used to be better.”

“This spin is ridiculous. Caroline is ridiculed by everyone on the right and left,” Wayne Vaughan tweeted in reply to the Forbes’ tackle Caroline Ellison. The whistleblower often called “Fatman” additionally shared his two cents on the MSM tales overlaying SBF and Alameda’s Ellison.

He additionally shared a screenshot of a reporter from Forbes that needed to report on Ellison in a “nuanced way.” “I believe someone is funding a media campaign to influence the narrative around the FTX crew – who should be seen as nothing short of supervillains,” Fatman said. “Here is a Forbes reporter seeking favourable comments from ‘supporters’ instead of reporting on the actual facts.”

The Wall Street Journal (WSJ) has additionally been grilled for reporting on Alameda’s Ellison in a good method. On the Reddit discussion board r/cryptocurrency, the Redditor “kindred_asura” shared a WSJ article that concentrates on Ellison. “Front page puff-piece about Caroline Ellison right now at the WSJ. Not ONE mention of fraud or illegal activities,” the Redditor mentioned. The Reddit submit acquired roughly 811 upvotes earlier than r/cryptocurrency moderators determined to eliminated the submit.

“I sure wish I never just ‘find myself’ losing billions of customers’ funds while running a fraudulent business,” the Redditor u/kindred_asura commented. Overall, a substantial amount of individuals appear to imagine that MSM has purposely dropped the ball when reporting on FTX and Alameda executives.

Moreover, social media and Reddit discussion board posts arguably point out that nobody cares about SBF donating thousands and thousands for pandemic prevention. Further, the tons of of feedback on social media and boards recommend that individuals actually don’t care about Ellison’s so-called “nerdy” habits and the truth that she likes Harry Potter.

What do you consider the reporting mainstream media has finished to date on the FTX scandal? Let us know what you consider this topic within the feedback part under.