Cardano Founder Accuses New SBF Book of Being an ‘Apology Tour’
Charles Hoskinson, the founder of Cardano, has criticized author Michael Lewis for his latest book, ‘Going Infinite: The Rise and Fall of a New Tycoon,’ which focuses on Sam Bankman-Fried (SBF), the disgraced founder of FTX. Hoskinson claims that influential individuals are eagerly awaiting SBF’s release from his ongoing criminal trial and that Lewis’ book is like an “apology tour.” He believes that there is a group of people in elite circles who want SBF to be declared not guilty, suggesting corruption within the media. CoffeeZilla, a well-known blockchain investigator, has also criticized Lewis’ book for being a defense of SBF.
Crypto Influencers Disagree with Lewis’ Depiction of SBF
Dan Held, a prominent crypto commentator, expressed his disagreement with Lewis’ statement that SBF had a “great real business.” Held argued that FTX is a crypto exchange and not a bank, emphasizing the importance of maintaining a 1:1 deposit ratio with customer funds. He accused Lewis of being dishonest in propagating this narrative considering the harm suffered by victims. Other crypto influencers have also closely examined Lewis’ portrayal of SBF and raised concerns about the book’s focus on FTX’s current CEO rather than SBF himself.
Hot Take: Charles Hoskinson Calls Out Media for Giving SBF a “Free Pass”
Charles Hoskinson, founder of Cardano, has criticized the media for giving Sam Bankman-Fried (SBF) a “free pass” amidst his ongoing criminal trial. Hoskinson believes that influential individuals are eagerly anticipating SBF’s release and accuses author Michael Lewis of conducting an “apology tour” in his book about SBF. He suggests that corruption within elite circles is leading to a desire for SBF to be declared not guilty. Other crypto influencers, including Dan Held, have also voiced their disagreement with Lewis’ portrayal of SBF and criticized the focus on FTX’s current CEO rather than SBF himself.
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