Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the cryptocurrency community – this time for his scheduled appearance at the upcoming New York City conference on November 30th.
Vocal members of the Crypto Twitter questioned why the former CEO of the now bankrupt exchange would continue to work for free given the events over the past month.
In November 23 Twitter MailBankman-Fried announced that it will speak with New York Times journalist Andrew Sorkin at the DealBook Summit “next Wednesday.”
The news was publicly confirmed by Sorkin, who said, “There are a lot of important questions to be asked and answered. Nothing is off limits.”
The answer is yes.
There are a lot of important questions to be asked and answered.
Nothing is off limits.
Looking forward to it… https://t.co/lShAqXLKGS
Andrew Ross Sorkin (@andrewrsorkin) November 23, 2022
In the aftermath of FTX’s collapse, some in the community questioned whether Bankman-Fried would honor his conference engagements, including his participation in the DealBook Summit.
A spokesperson for The New York Times confirmed to Cointelegraph that Bankman-Fried was invited to the DealBook summit several months ago — long before the FTX crash — and that he likely participated in the interview roughly from the Bahamas, saying:
“We invited Mr. Bankman-Fried for an interview at the summit several months ago. At this time, we expect Mr. Bankman-Fried to participate in the interview from the Bahamas.”
According to a November 11 Gawker report, Bankman-Fried was previously listed on the “CEO, FTX” spokesperson page. However, the speaker’s page now shows that his address has since been updated to “Founder, FTX” – reflecting his resignation from the position since FTX filed for bankruptcy.
Crypto Twitter responds
Some members of the crypto community didn’t take the news well, with remarks that Bankman-Fried should be in custody rather than speaking freely at conferences.
US Attorney John Deaton and founder of Crypto Law noted to his 229,300 Twitter followers that if US law enforcement does not arrest and charge Bankman-Fried – who is currently in the Bahamas – with fraud and theft if he enters the US next week, then “the system will be exposed.” Justice is at stake.”
Let me make this clear if SBF had not been arrested and charged with fraud, wire fraud, theft and possibly money laundering before and instead could have spread their bullshit narrative, our justice system would have been hacked. ewarren You claim to be for the little guy, where are you https://t.co/cdmOa7U0an
– John E. Deaton (@JohnEDeaton1) November 23, 2022
British broadcaster and bitcoin supporter Leah Helburn told her 328,200 Twitter followers that it was “disgusting” that Bankman-Fried spoke on stage and instead wasn’t taken into custody.
The fact that he would be speaking on stage at a damn conference instead of being held under investigation for fraud and theft is unbelievable.
He is an agent of the enterprise. It’s disgusting. https://t.co/x3gCZvLQXI
– Layah Heilpern (@LayahHeilpern) November 23, 2022
Ryan Adams, founder of investment firm Mythos Capital and Bankless, took things a step further in comparing the arrest and three-month detention of Alexei Bertsev — the primary developer behind the now-enforced US Tornado Cash — to Bankman-Fried’s unfathomable, unfathomable behavior. It is investigated yet.
Alexey Bertsev remains in prison without charges for writing open source privacy code… pic.twitter.com/CWRfAknFx8
– RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) November 23, 2022
Meanwhile, Real Bedford FC president and Bitcoin supporter Peter McCormack joked that Bankman-Fried would get a “Nobel Prize at this rate.”
SBF will get a Nobel Prize at this rate
Peter McCormack November 24, 2022
Related: Will SBF face the consequences of mismanaging FTX? Don’t count on it
The New York Times was recently criticized by the cryptocurrency community for writing a “bloated piece on SBF,” which seemed to merely ignore Bankman-Fried’s fraud and alleged crimes, instead focusing on whether he was getting enough sleep.
As for Bankman-Fried’s current whereabouts, Crypto Crib posted photos to its 66,900 Twitter followers late on November 23 of what appears to be Bankman-Fried having a meal with his mother and several others at his home in the Bahamas.
On November 23, US Attorney General Merrick Garland, Merrick Assistant Kenneth Pollitt, and US Senators Elizabeth Warren and Sheldon Whitehouse requested that the US Department of Justice launch a broad investigation into Bankman-Fried and other FTX executive roles in FTX’s collapse.
Update 2:30 a.m. UTC November 24: Added a statement from a spokesperson for The New York Times.
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