Washington Post mocked for mourning FTX founder now can't stop another pandemic: 'Dumbest take imaginable'

Posted 73 days ago

From WWW.FOXNEWS.COM

The Washington Post was ridiculed on Twitter over a piece lamenting the fall of cryptocurrency FTX founder Sam Bankman-Fried, and the collapse of his plans to stop a second pandemic.

"FTX collapse dooms founder’s effort to prevent another pandemic, @ddiamondreports," Washington Post Deputy National Editor Philip Rucker tweeted, alongside a link to the article.

At its peak FTX was the third-largest cryptocurrency exchange, but it filed for Chapter 11 bankruptcy protections on Friday, and the company confirmed over the weekend that millions of dollars worth of assets are unaccounted for. The company's founder, Sam Bankman-Fried, faces allegations that he secretly transferred $10 billion from FTX to Alameda Research, his hedge fund that also filed for bankruptcy.

FTX BANKRUPTCY WILL OFFER A LOOK BEHIND CRYPTO’S DARK CURTAIN

However, the Washington Post’s Dan Diamond, instead chose to focus on Bankman-Fried’s philanthropic efforts, including his "staggering" contributions to research projects, campaigns, and other initiatives aimed at preventing the next global pandemic.

The piece also touted "Protect Our Future" a political action committee backed by Bankman-Fried. The group spent nearly $30 million in the midterms on Democratic candidates who they believe will be "champions for pandemic prevention."

Twitter users mocked The Post’s Rucker over the article, accusing him of "gaslighting" FTX customers who lost their funds, and promoting a man compared to Bernie Madoff, the man responsible for the largest Ponzi scheme in U. S. history.... (Read more)