The New York Times is hosting disgraced FTX founder Sam Bankman-Fried at a summit.
The old joke is that “journalistic ethics” is a contradiction in terms. The New York Times is doing its best to prove it true this week, with its bizarre showcasing of Sam Bankman-Fried, the fallen founder of blown-up crypto exchange FTX, at the paper’s exclusive Davos-style summit in Manhattan featuring “icons of business” and “changemakers” for their “influential minds” and “powerful insights.”
The Times invited Bankman-Fried, the 30-year-old tech-bro wunderkind known colloquially as SBF, to speak at its DealBook Summit before his Bahamas-based cryptocurrency empire, once valued at $32 billion, imploded, filing for bankruptcy in early November.
Companies fail, of course, and there’s no shame in that. Taking risk has both its rewards and its downsides.
Continue reading the entire piece here at the New York Post
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Nicole Gelinas is a senior fellow at the Manhattan Institute and contributing editor at City Journal. Follow her on Twitter here.
This piece originally appeared in New York Post