Sam Bankman-Fried still speaking at events and the community is furious

Share This Post

The former FTX CEO said he will be speaking at a conference by The New York Times, the same outfit that wrote the recent “puff piece” on Bankman-Fried.

Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto community — this time over his slated appearance at an upcoming New York City conference on November 30. 

Vocal members of Crypto Twitter have questioned why the former CEO of the now-bankrupt exchange continues to walk free given the events over the last month.

In a Nov. 23 Twitter post, Bankman-Fried announced he will be speaking with New York Times journalist Andrew Sorkin at the DealBook Summit “next Wednesday.”

The news was confirmed publicly by Sorkin, who said: “There are a lot of important questions to be asked and answered. Nothing is off limits.”

In the wake of the FTX collapse, some in the community had wondered whether Bankman-Fried would honor his conference engagements, including his one at the DealBook Summit.

A Gawker report dated Nov. 11 suggests that Bankman-Fried had been slated to speak at the conference well before Bankman-Fried’s latest announcement, with a screenshot of Bankman-Fried on the speaker’s page where he is listed as “C.E.O, FTX.” 

The speaker page now shows his title has since been updated to “Founder, FTX.”

Sam Bankman-Fried listed at the top of the speakers page of the DealBook Summit. Source: New York Times

Cointelegraph reached out to the organizers to find out whether Bankman-Fried’s invitation to speak at the DealBook Summit came before or after FTX’s collapse, but did not get an immediate response. 

Crypto Twitter responds

Some members of the crypto community have not taken the news well, with remarks that Bankman-Fried should be in custody instead of speaking freely at conferences.

U.S. Attorney John Deaton and founder of Crypto Law remarked to his 229,300 Twitter followers that if U.S. law enforcement doesn’t arrest and charge Bankman-Fried — who’s currently situated in the Bahamas — for fraud and theft offenses when he arrives in the U.S. next week, then the justice system “has been compromised.”

British media personality and Bitcoin proponent Layah Heilpern told her 328,200 Twitter followers that “it’s disgusting” that Bankman-Fried will be speaking on stage and instead isn’t being held in custody.

Ryan Adams, founder of investment firm Mythos Capital and Bankless took things one step further in comparing the arrest and three-month-long detainment of Alexey Pertsev — the core developer behind the now U.S. sanctioned Tornado Cash — to Bankman-Fried’s unfathomable conduct, which is yet to be investigated.

Meanwhile, chairman of Real Bedford FC and Bitcoin proponent Peter McCormack joked that Bankman-Fried would receive “a Nobel Prize at this rate.”

Related: Will SBF face consequences for mismanaging FTX? Don’t count on it

The New York Times was recently criticized by the crypto community for writing a “puff piece on SBF,” which appeared to only brush over Bankman-Fried alleged fraud and crimes, and instead focused on whether he was getting enough sleep

As for Bankman-Fried’s current whereabouts, Crypto Crib posted pictures to its 66,900 Twitter followers late on Nov. 23 of what appears to be Bankman-Fried eating a meal with his mother and several others at his Bahamas penthouse.

On Nov. 23, U.S. Attorney General Merrick Garland, Merrick’s assistant Kenneth Polite and U.S. Senators Elizabeth Warren and Sheldon Whitehouse requested for the U.S. Department of Justice to launch a full-scale investigation into Bankman-Fried and other FTX executive’s roles in the collapse of FTX.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Price Prediction: After a 97% Surge, Can the Sixth-Largest Crypto Break $3.30 in 2024?

The post XRP Price Prediction: After a 97% Surge, Can the Sixth-Largest Crypto Break $330 in 2024 appeared first on Coinpedia Fintech News XRP has made a dramatic leap, hitting $1, up 97% this week

Former SEC Official Calls for Gensler to Resign, End All Crypto Crackdowns

A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken” Former SEC

$3 By January? Crypto Analyst Reveals Why The Dogecoin Price Is Primed For A Surge To $20

Crypto analyst John Burr on TradingView has discussed the potential for the Dogecoin price to reach $3 this market cycle Driven by the positive sentiments from recent political events spearheaded by

A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak

Over the past 14 days since Nov 2, an eye-popping $9736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October Near Record Highs: Stablecoin Economy

Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders After a period of consolidation, Bitcoin’s latest price

Rise of the Machines: African Students Fear AI Will Steal Their Jobs

African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects