Elon Musk alleges SBF donated over $1B to Democrats: "Where did it go?"

The attempts of mainstream media to h2o down the frauds committed by FTX CEO Sam Bankman-Fried (SBF) did not fare good successful convincing the crypto assemblage and entrepreneurs. Instead, the misinformation run collided with Tesla CEO Elon Musk’s thrust to presumption Twitter arsenic "the astir close root of information."

The satellite is yet to flooded the daze aft witnessing the legal leniency awarded to SBF for misappropriating users’ funds and shady concern practices via trading firms Alameda Research and FTX. Will Manidis, the CEO of ScienceIO, a healthcare information platform, pointed retired that SBF made the “highest ROI commercialized of each time” by donating $40 cardinal to the close radical for getting distant with stealing implicit $10 billion.

That’s conscionable the publically disclosed number. His existent enactment of Dem elections is astir apt implicit $1B. The wealth went somewhere, truthful wherever did it go?

— Elon Musk (@elonmusk) December 3, 2022

On the different hand, Musk alleged that SBF donated implicit $1 cardinal to Democratic candidates, which is mode much than the publically disclosed magnitude of $40 million. SBF antecedently admitted to making backdoor donations to the Democratic Party. Musk asked:

“His existent enactment of Dem elections is astir apt implicit $1B. The wealth went somewhere, truthful wherever did it go?”

The United States House Financial Services Committee seat Maxine Waters, a Democrat, and ranking subordinate Patrick McHenry, a Republican, have requested SBF to look successful an investigative hearing scheduled for Dec. 13.

.@SBF_FTX, we admit that you've been candid successful your discussions astir what happened astatine #FTX. Your willingness to speech to the nationalist volition assistance the company's customers, investors, and others. To that end, we would invited your information successful our proceeding connected the 13th.

— Maxine Waters (@RepMaxineWaters) December 2, 2022

To this request, salient entrepreneurs, including Polygon CEO Ryan Wyatt, informed Waters that “he’s (SBF) a criminal” aft being shocked astatine the leniency shown by the radical successful powerfulness to the fugitive.

Related: FTX illness drives curiosity astir Sam Bankman-Fried, Google information shows

The crypto assemblage openly criticizes paid narratives that effort to amusement SBF successful bully light. The latest backlash is related to SBF’s interviews successful New York Times DealBook Summit and Good Morning America interviews.

Speaking to the quality outlets during the ‘apology tour,’ SBF portrayed himself arsenic a unfortunate and got applauded astatine the end. “Watching SBF’s interrogation is benignant of similar watching Casey Anthony’s documentary. They’re truthful mechanical, they’re truthful inauthentic successful their delivery. If you consciousness immoderate emotion, astatine all, it slows radical down. The mode it is expressed is simply a abstracted subjective matter,” said Twitter idiosyncratic and developer Naom.