It’s been reported that Elon Musk has accused Sam Bankman-Fried of ‘bribing’ the media.
In a tweet, Teddy Schleifer revealed that Elon Musk claims that SBF is better at “bribing media” than it is at running FTX.
Why Sbf Invested In Elon Musk Claims That Sbf Is Better At “Bribing Media”
Since FTX has filed for bankruptcy, funding for ProPublica’s 2023 and 2024 years has been put on hold.
Musk accuses Bankman-Fried, Sam Bankman-Fried, of “bribing journalists” in a recent tweet. He says that if SBF invested more in the cryptocurrency exchange rather than media funding, FTX, the recently bankrupt exchange that has left the industry in shambles, would still be in business.
FTX would still be in business if SBF were as skilled at managing a cryptocurrency exchange as he was at bribing the media.
A tweet from Elon Musk (@elonmusk) on November 24, 2022
Musk made this remark in response to a tweet by Teddy Schleifer, a Silicon Valley journalist and founding partner of Puck New, in which the two were debating whether Sam Bankman-Fried would continue sponsoring the media.
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In response to the “big challenge” of how the media would be financed in the future, Schleifer provided a list of organizations that have received support from Bankman-Fried. They included such well-known media outlets as ProPublica, Vox, The Intercept, Semafor, the Law and Justice Journalism Project, and a podcast.
Is Sbf’s Plans To Donate Billions?
While doing so, Schleifer also provided a link to a Puck News piece that discussed SBF’s plans to donate billions of dollars to the Democratic Party in the United States to fund lobbying efforts, super PACs, scientists, journalists, and data forecasters.
The piece deconstructs SBF’s biography, career trajectory, and the chaos that is the “Bankman-Fried industrial complex” while proclaiming FTX’s bankruptcy as “perhaps the fastest personal wealth extinction event in history.”
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Max Tani, a journalist for the media, recently announced that the independent, non-profit reporting platform ProPublica will no longer be receiving funding from Sam Bankman-charity Fried’s Building a Stronger Future.
How Much ProPublica Awarded Handled Millions In Grants?
In addition to forwarding the ProPublica president’s email to his team, Tani included it in the email as well. According to the email, ProPublica was awarded $5 million in grants in February 2022 to fund its ongoing study into pandemic preparation and biothreats.
However, the subsequent installment of funds is still owed on April 1, 2023, and April 1, 2024. Sparkman expects to have more information about the funds in the coming weeks after the SBF foundation completes its financial assessment and talks to additional funders.
