Many in the crypto space have accused the mainstream media of deliberately trying to frame the actions of FTX CEO Sam “SBF” Bankman-Fried, including Tesla CEO Elon Musk, who is on a self-proclaimed mission to position Twitter as “the most accurate. source of information.”
While the world overcomes the shock of the FTX collapse and the realization that SBF was misappropriating user funds and engaging in shady investment practices through its trading affiliate, Will Manidis, CEO of ScienceIO – a healthcare data platform – tweeted that SBF one of the “highest trades in the Republic of Ireland” by donating $40 million to right-wing politicians, which he says allowed him to get away with stealing over $10 billion.
That’s just the publicly disclosed number. His actual support for the Voluntary elections is probably over $1B. The money went somewhere, so where did it go?
— Elon Musk (@elonmusk) December 3, 2022
Musk responded to the tweet, alleging that the amount of money that SBF actually donated to Democratic candidates was more than $ 1 billion, which would be much more than the amount of $ 40 million publicly disclosed. Previously SBF admitted to make “dark” donations to the Republican Party. Musk asked:
“His support for the Volunteer elections is probably more than $1B. The money went somewhere, so where did it go?”
Meanwhile, US House Financial Services Committee Chairwoman Maxine Waters, a Democrat, and ranking member Patrick McHenry, a Republican, requested that SBF appear in an investigative hearing scheduled for December 13.
.@SBF_FTXwe understand that you were honest when you discussed what happened at #FTX. Your willingness to speak publicly will help the company’s customers, investors and others. To that end, we welcome your participation in our hearing on the 13th.
— Maxine Waters (@RepMaxineWaters) December 2, 2022
Polygon CEO Ryan Wyatt responded to Waters’ request saying “yes [SBF] criminal. What’s going on.”
Related: FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows
This latest round of backlash against SBF comes shortly after he gave interviews during The New York Times’ DealBook Summit and to Good morning America.
During his so-called “apology tour”, SBF has been portraying himself as a victim and even received a standing ovation at the end of his appearance at the DealBook Summit. According to Twitter user and developer Naomi, “Watching an SBF interview is like watching a Casey Anthony documentary. They are so mechanical, so insincere in their delivery. If you feel any emotion, it slows people down. How it is expressed is a very subjective matter.”
Update (December 5, 10:10 pm UTC): This article previously stated that Bankman-Fried admitted to making backdoor donations to the Democratic Party. It has been updated to reflect that his dark donations went to the Republican Party.