Tuesday, November 29, 2022

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


Former FTX CEO Sam Bankman-Fried has as soon as once more attracted the ire of the crypto community — this time over his slated look at an upcoming New York City convention on Nov. 30. 

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

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

The information was confirmed publicly by Sorkin, who stated: “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 questioned whether or not Bankman-Fried would honor his convention engagements, together with his one at the DealBook Summit.

A spokesperson for The New York Times confirmed to Cointelegraph that Bankman-Fried was invited to its DealBook Summit a number of months in the past — nicely earlier than the FTX crash — and that he’d doubtless be collaborating in the interview nearly from the Bahamas, stating: 

“We invited Mr. Bankman-Fried to be interviewed at the Summit several months ago. At this time, we expect Mr. Bankman-Fried will be participating in the interview from the Bahamas.”

According to a Gawker report dated Nov. 11, Bankman-Fried was beforehand listed on the speaker web page as “C.E.O, FTX.” However, the speaker web page now exhibits his title has since been up to date to “Founder, FTX” — reflecting his resignation from the position since FTX’s chapter submitting. 

Sam Bankman-Fried listed at the prime of the audio system web page of the DealBook Summit. Source: The New York Times

Crypto Twitter responds

Some members of the crypto community haven’t taken the information nicely, with remarks that Bankman-Fried must be in custody as a substitute of speaking freely at conferences.

U.S. Attorney John Deaton and founding father of Crypto Law remarked to his 229,300 Twitter followers that if U.S. regulation enforcement doesn’t arrest and cost Bankman-Fried — who’s at the moment located in the Bahamas — for fraud and theft offenses if he enters the U.S. subsequent week, then the justice system “has been compromised.”

British media character and Bitcoin proponent Layah Heilpern advised her 328,200 Twitter followers that “it’s disgusting” that Bankman-Fried can be speaking on stage and as a substitute isn’t being held in custody.

Ryan Adams, founding father of funding agency Mythos Capital and Bankless took issues one step additional in evaluating 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 has but to be investigated.

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

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

The New York Times was not too long ago criticized by the crypto community for writing a “puff piece on SBF,” which appeared to solely brush over Bankman-Fried alleged fraud and crimes and as a substitute centered on whether he was getting enough sleep

As for Bankman-Fried’s present whereabouts, Crypto Crib posted photos to its 66,900 Twitter followers late on Nov. 23 of what seems to be Bankman-Fried consuming a meal together with his mom and a number of 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 different FTX govt’s roles in the collapse of FTX.

Update 2:30am UTC Nov. 24: Added a press release from a spokesperson at The New York Times.