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(Axios)   SBF secretly funded a crypto news site to the tune of $43M,. Fark: and bought their CEO an apartment in the Bahamas   (axios.com) divider line
    More: Facepalm, Finance, crypto news, media company, Debt, Block's CEO, Editor's note, news company's credibility, coverage of Bankman-Fried  
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515 clicks; posted to Business » on 09 Dec 2022 at 5:53 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



15 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-12-09 5:57:28 PM  
FTA: "The payments, which employees of The Block were previously unaware of, could undermine the news company's credibility and cast doubt on its coverage of Bankman-Fried, the now-bankrupt FTX and Alameda Research, Bankman-Fried's trading firm."

This guy still has a job, so I think they don't have much to worry about.

Fark user imageView Full Size
 
2022-12-09 6:19:40 PM  
*squeaky voice* "I had no idea this was going on. I didn't really focus on those sorts of things. I'd have to look back and check on that. I don't think I was a part of that." *squeaky voice*
 
2022-12-09 6:20:47 PM  

Hyjamon: FTA: "The payments, which employees of The Block were previously unaware of, could undermine the news company's credibility and cast doubt on its coverage of Bankman-Fried, the now-bankrupt FTX and Alameda Research, Bankman-Fried's trading firm."

This guy still has a job, so I think they don't have much to worry about.

[Fark user image 320x200]


Besides, none of the crypto cheerleading publications out there had a farking shred of credibility to begin with.
 
2022-12-09 6:21:21 PM  
media.tenor.comView Full Size
 
2022-12-09 6:32:50 PM  
This is different from Washington Post and WSJ in the influence was secret.
 
2022-12-09 6:42:47 PM  
Still more unbiased than Fox...
 
2022-12-09 6:49:47 PM  
An apartment in the Bahamas?

Did he required that the CEO be present on request for the booty calls?
 
2022-12-09 6:49:52 PM  
Scam Bankrupt-Fraud

FTX Was (And Is) A Complete Mess
Youtube WqDvsbElFXg
 
2022-12-09 7:17:43 PM  

anotherluser: Hyjamon: FTA: "The payments, which employees of The Block were previously unaware of, could undermine the news company's credibility and cast doubt on its coverage of Bankman-Fried, the now-bankrupt FTX and Alameda Research, Bankman-Fried's trading firm."

This guy still has a job, so I think they don't have much to worry about.

[Fark user image 320x200]

Besides, none of the crypto cheerleading publications out there had a farking shred of credibility to begin with.


CoinDesk's reporting on Alameda and FTX has resulted in a financial hit on its parent company, which is also a crypto trader, but not enough to kill it
 
2022-12-09 7:56:47 PM  

anotherluser: Hyjamon: FTA: "The payments, which employees of The Block were previously unaware of, could undermine the news company's credibility and cast doubt on its coverage of Bankman-Fried, the now-bankrupt FTX and Alameda Research, Bankman-Fried's trading firm."

This guy still has a job, so I think they don't have much to worry about.

[Fark user image 320x200]

Besides, none of the crypto cheerleading publications out there had a farking shred of credibility to begin with.


No shiat. It's like getting unbiased EV news from Elektrek. Not gonna happen.
 
2022-12-09 8:34:21 PM  

Hyjamon: FTA: "The payments, which employees of The Block were previously unaware of, could undermine the news company's credibility and cast doubt on its coverage of Bankman-Fried, the now-bankrupt FTX and Alameda Research, Bankman-Fried's trading firm."

This guy still has a job, so I think they don't have much to worry about.

[Fark user image 320x200]


Correct. Financial news is completely unprincipled. Only thing that offends them is workers being allowed to see their families or restore their health.
 
2022-12-09 8:40:19 PM  
So does this mean I hold, or is now the time to buy the dip?
 
2022-12-09 8:41:00 PM  

FleshMonkey: So does this mean I hold, or is now the time to buy the dip?


Hodl

Stupid autocqrrit
 
2022-12-09 9:39:53 PM  

FleshMonkey: So does this mean I hold, or is now the time to buy the dip?


It's always time to buy the dip. Especially if you're having crudité.
 
2022-12-10 3:37:46 PM  
SBF's actions remind me of lottery winners who go berserk with their sudden wealth, indulging every fantasy and whim as though the money is infinite and eternal.
 
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