SBF is better to give media than launch FTX: Elon Musk

Elon Musk called out FTX founder and CEO Sam Bankman-Fried for "bribing the media" in a  Twitter post today. He adds that the recently bankrupt cryptocurrency exchange FTX, which left the market in turmoil, would still be operating if the SBF  focused more on the exchange rather than media funding.
Musk's comment was in the comments section of a Twitter post by Silicon Valley reporter and Puck New co-founder Teddy Schleifer discussing whether Sam Bankman-Fried can continue to fund media. 

 In response to a "big question" about future media funding, Schleifer listed the names of companies that received grants from Bankman-Frid. The names were ProPublica, Vox, The Intercept, Semafor, The Law and Justice Journalism Project and A podcast. 
 Schleifer, meanwhile, cited a Puck News article about SBF's plans to fund billions of dollars to support US Democratic Party lobbying, super PACs, pundits, newsrooms and data forecasters. 

 While the FTX bankruptcy is hailed as "perhaps the fastest extinction of personal wealth in history," the article examines SBF's life story, his career progression, and the mess that is the "Bankman-Fried Industrial Complex." 
media journalist Max Tani also shared a message announcing the suspension of grants from Sam Bankman-Fried's Building a Stronger Future Foundation to the independent nonprofit news editorial platform ProPublica. 
 Tani also included an email from ProPublica President Robin Sparkman to his staff. The email mentioned that ProPublica received $5 million in grants in February 2022 to support ongoing research on pandemic preparedness and biothreats. 

 However, the deadline for the next grant is 01.05.2023 and 01.05.2022 As the SBF Foundation evaluates its funds and talks with additional donors, Sparkman expects clarity on grants in the coming weeks.

🌐 source

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