SBF Had These Media Companies In His Pocket-None of Them Broke The Story• November 19, 2022 10:30 pm • Comments
Besides the New York Times SBF had a slew of media companies on his payroll.
Per a report from Tablet Magazine, SNF donated to ProPublica, The Intercept, Vox, Semafor, and the Law and Justice Journalism Project.
The Intercept which has been known for reporting corruption within the financial sector and the government received over $ 4 million dollars from SBF.
They released a press release today regarding the funding:
The Intercept was counting on a $3.5m donation from SBF. Now they're fundraising to make up the shortfall. pic.twitter.com/pAG86vo2Bh
— Jacob Silverman (@SilvermanJacob) November 18, 2022
SBF showered money on liberal media:
The Law and Justice Journalism Project
they all took it, and none of them broke the story
— Jack Posobiec 🇺🇸 (@JackPosobiec) November 19, 2022
Tablet Magazine Broke The story:
This was the case with a $5 million pledge to ProPublica from Bankman-Fried’s family foundation, Building a Stronger Future. Vox, which published a March 2021 interview with Bankman-Fried, introduced the FTX founder by praising his “civic-mindedness,” which was guided by an algorithmlike statement of purpose: “Make a tremendous amount of money by any means necessary. Then give it all away by the best means possible.” Perhaps their praise paid off: In a recent article on the fall of SBF, Vox mentions—albeit buried in the form of a parenthetical “Full Disclosure” in the middle of the piece—that they had receieved an undisclosed sum from Bankman-Fried’s foundation. (Vox and ProPublica did not respond to requests for comment.)
Semafor, the new publication led by former New York Times media columnist Ben Smith, similarly received an unspecified investment from Bankman-Fried. Notably, Semafor prominently publicized this information in a piece about Matt Yglesias’ and Nate Silver’s refusal to join a different venture funded by SBF.
SBF possesses a kind of media aptitude that you would not expect to find in a young finance-focused techie, or even in a fairly seasoned media hand—a media canniness Bankman-Fried has displayed again and again, including with his foray into backing, buying, or producing his own media.” In one example, Bankman-Fried interviewed the famous Princeton ethicist Peter Singer about effective altruism, a philosophical movement founded by Singer and philosopher William MacAskill that Bankman-Fried has aligned himself with. The interview received a fairly paltry number of views for a video featuring two big names, but it successfully drove headlines and helped burnish Bankman-Fried’s reputation and image, his connection to Singer cited repeatedly as evidence of his ethical bona fides.
The Washinton Post released an article praising SBF about his Covid philanthropy:
in the wake of the leaked DMs between SBF and a vox reporter that showed him saying his philanthropy was “mostly a front,” washington post published an unbelievable take on the FTX drama. The headline: pic.twitter.com/O0YTxsxjk7
— Pirate Wires (@PirateWires) November 19, 2022
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