He advised against considering such sympathisers for interviews on prestigious television programmes like CBS’s 60 Minutes.
During his continuing trials connected to the failure of their cryptocurrency enterprise, lawyer and crypto advocate Sam “SBF” Bankman-Fried’s followers have come under fire from John Deaton.
Deaton claimed in a post on X (previously Twitter) that those who describe SBF as a well-intentioned person who made mistakes are unqualified to handle people’s money. He argued that such sympathisers should not be considered for interviews with well-known television programmes like CBS’s 60 Minutes.
A rift has developed within the cryptocurrency community, with some members being extremely worried about SBF’s suspected investor fraud allegations while others work to present him favourably in the media. Even after FTX filed for bankruptcy, SBF continued to take part in interviews and was frequently portrayed as a crypto hero, which infuriated the Web3 community.
Over $7 billion in assets have been successfully recovered by FTX. A increasing number of people are calling for SBF’s sentence to serve as a warning to other industry innovators. Deaton is steadfast in his pursuit of holding SBF’s parents, Joseph Bankman and Barbara Fried, accountable.
No regulatory body has taken legal action against SBF’s parents, despite the fact that FTX’s current leadership is pursuing a lawsuit against them.
Others in the business agree with Deaton that Bankman and Fried bear full responsibility for their son’s alleged actions. Bloomberg reports that Stanford University has made the decision to return all of the donations made by FTX, totaling about $5.5 million.