Let’s put the myth of the billionaire genius to rest

Posted on AllSides November 13th, 2022
From The Left
Eva Marie Uzcategui/Bloomberg News
OPINION

It seems like just last month — because it was just last month — that everyone from Washington insiders to Twitter fanboys were fawning over the pronouncements of billionaire crypto investor Sam Bankman-Fried. He was a “wunderkind,” the successor to banker J.P. Morgan. Stepping in to save one insolvent crypto company after another, he was feted by VIPs and sought after for his political donations and philanthropic thoughts.

Instead of a prophet of the blockchain future, Bankman-Fried, whose crypto exchange FTX filed for bankruptcy Friday, is increasingly looking like Ozymandias...

Read full story
Some content from this outlet may be limited or behind a paywall.

Washington Post

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
111314/86418
See full bias rating for Washington Post
Learn about media bias
https://www.washingtonpost.com/opinions/2022/11/11/billionaire-worship-crypto-bankman-fried-musk/

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right