[Cardano founder compares SBF to Bernie Maddoff, the mastermind of the largest known Ponzi scheme in U.S. history]
Cardano founder Charles Hoskinson compared former FTX CEO SBF to notorious American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a “free pass.” Maddoff is the mastermind of the largest known Ponzi scheme in U.S. history, estimated to be worth $64.8 billion. Maddoff served as chairman of the Nasdaq Stock Exchange for a time. Hoskinson said that despite public evidence that SBF and FTX were involved in misappropriating and stealing customer funds, the media focus on SBF shows how corrupt the entire system has become. Slamming the media frenzy surrounding the SBF following FTX's collapse, Hoskinson first named author Michael Lewis, whose book about the SBF gained widespread media attention days before the former FTX CEO's trial, calling it "a day of apology". Brigade”, the Cardano founder noted that there appears to be “a group of people who want a public acquittal” for SBF.
Cardano founder Charles Hoskinson compared former FTX CEO SBF to notorious American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a “free pass.” Maddoff is the mastermind of the largest known Ponzi scheme in U.S. history, estimated to be worth $64.8 billion. Maddoff served as chairman of the Nasdaq Stock Exchange for a time. Hoskinson said that despite public evidence that SBF and FTX were involved in misappropriating and stealing customer funds, the media focus on SBF shows how corrupt the entire system has become. Slamming the media frenzy surrounding the SBF following FTX's collapse, Hoskinson first named author Michael Lewis, whose book about the SBF gained widespread media attention days before the former FTX CEO's trial, calling it "a day of apology". Brigade”, the Cardano founder noted that there appears to be “a group of people who want a public acquittal” for SBF.