Elon Musk accused the media of being loyal to Sam Bankman-Fried

Elon Musk, the owner of Twitter, Tesla, and SpaceX, has accused the influential media outlet The Wall Street Journal of giving a «warm bath» to Сем Бенкман-Фрід" href="https://noworries.media/biography/sem-benkman-frid/" data-bio-id="3697">Sam Bankman-Fried, the former CEO of the bankrupt FTX cryptocurrency exchange.

WSJ giving foot massages to a criminal

— Elon Musk (@elonmusk) November 24, 2022

Yesterday, The Wall Street Journal published an article titled «Sam Bankman-Fried Plans to Save the World by Going Down in Flames», which described Fried’s «ambitious philanthropic endeavors» and how these plans are now being derailed by the collapse of the FTX empire. This is what made Musk criticize the WSJ.

The crypto community was not surprised by the billionaire’s statement, as many top media outlets are still refraining from seriously criticizing Sam Bankman-Fried's behavior. For example, CNBC co-host Andrew Ross Sorkin recently said that he would interview the former FTX CEO at the upcoming DealBook summit.

A lot of folks have been asking if I would still be interviewing @SBF_FTX at the @nytimes @dealbook Summit on Nov 30.

The answer is yes

There are a lot of important questions to be asked and answered.

Nothing is off limits.

Looking forward to it … t.co/lShAqXLKGS

— Andrew Ross Sorkin (@andrewrsorkin) November 23, 2022

The Twitter crypto community is reacting indignantly to the loyalty of influential media outlets to Bankman-Fried — especially after his eccentric tweets. Users of the platform say they are losing trust in the media.

The SBF/FTX coverage is my watershed moment in completely losing trust in mainstream media.

I’ve long been a staunch believer that, even if the coverage wasn’t accurate on topics I understood well, at least the intent was positive.

I no longer default believe that to be true.

— Mike Dudas (⛳️,?) (@mdudas) November 18, 2022

Watch Mainstream Media closely and you’ll see who’s been paid off to make sure that #SBF has a super clean image.

— David Gokhshtein (@davidgokhshtein) November 23, 2022

What we really need is another opinion piece from the mainstream media fallating SBF over his plans to save rare butterflies, rescue abandoned puppies and cure rectal cancer that were unfortunately sidetracked by his misfortune.

Just a good guy who got unlucky, right?

— The Wolf Of All Streets (@scottmelker) November 25, 2022

«What we really need is another opinion from the media criticizing SBF for his plans to save rare butterflies, abandoned puppies and cure colorectal cancer, which have unfortunately been put on hold due to his misfortune. Just a good guy who was unlucky, right?» said trader Scott Melker sarcastically.

Elon Musk’s tweet also provoked a reaction from the largest investor in bitcoin, Сейлор" href="https://noworries.media/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, executive chairman of MicroStrategy Inc.

Sam counterfeited billions in tokens via securities fraud, inflated that by billions more via accounting fraud, seized billions from customers via banking fraud, corrupted the establishment with the dirty money, then panicked and sold billions in stolen #bitcoin to crash the market.

— Michael Saylor⚡️ (@saylor) November 24, 2022

«Sam counterfeited billions of tokens through securities fraud, … took customer funds through bank fraud, ruined the firm with dirty money, then panicked and sold billions in stolen #bitcoin to crash the market,» Saylor tweeted.

As a reminder, the CEO of the bankrupt FTX cryptocurrency exchange, Sam Bankman-Fried, is planning to speak publicly at the conference on November 30. The news has angered many cryptocurrency market players who believe that Fried’s place is behind bars.