FTX crypto debacle fuels conservative attacks on 'woke' business

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Sam Bankman-Fried enjoyed positive press and gave millions to liberal causes and Democratic candidates. Then billions of dollars disappeared.

when asked about its coverage of FTX that it has"not received donations — from this source or any other."president Robin Sparkman told staffers that the outlet"signed a grant agreement with Building a Stronger Future, a foundation funded by Bankman-Fried, to support our ongoing investigative work on pandemic preparedness and bio threats." The note to staffers says $5 million was received in February and the remaining two-thirds of the grant are on hold.

Eric Matthews, a money manager with clients in the entertainment industry has been advising against crypto in general for years, sometimes to no avail, he told"We're living in a time of compelled speech, compelled investing with ESG, compelled eating with Beyond Meat and compelled money-chasing with crypto," he said.

"None of it ever added up," he said."Then you look at all the sponsorship and endorsements everywhere. That was completely unearned. They went from no money and hardly any capital in 2019 to financing arenas, sponsoring entire sports leagues, to getting the biggest athletes and models on the planet. All done with basically no revenue?"

 

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Lol, they pushed this shit for years, not the issues come home to roost and you run distraction. Classic move by fish fingers here.

As opposed to liberal hysterical reactions to imaginary microaggression

Remember when the Bush administration was funneling billions of unacceptable dollars through the Iraqi provisional authority back to Haliburton and the neo Cons. This is what the Washington establishment does during a war.

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