📢 Charles Hoskinson, founder of Cardano, criticizes the media and those trying to excuse the mistakes of Sam Bankman-Fried (SBF), founder and former CEO of disruptive cryptocurrency exchange FTX product.
- Hoskinson believes that SBF's exemption from liability is proof of the corruption in the industry.
- He said the book by financial journalist Michael Lewis is also trying to make SBF look innocent.
- Hoskinson agrees with attorney John Deaton that people who consider SBF to be good people should not be allowed to manage other people's money.
📚 Lewis's book "Going Infinite: The Rise and Fall of a New Tycoon" tells the story of SBF's rise and fall in the cryptocurrency industry, portraying him as someone with good intentions who made mistakes when FTX growing too fast.