A reminder, dear reader: If you’re accused of committing massive fraud and risk facing the rest of your life in prison, you should probably turn down that interview with “Good Morning America.”
Such advice might’ve served Sam Bankman-Fried, the disgraced crypto founder who couldn’t keep quiet last year following the collapse of his FTX crypto empire, after he allegedly stole billions of dollars of customers’ money.
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Right or wrong, the FTX founder’s media strategy seemed as perplexing as ever on Monday, when prosecutors spent hours peppering him with questions about potential criminality at FTX — using his countless post-collapse interviews as corroborating evidence.
Source: Sam Bankman-Fried’s Post-Collapse Media Blitz Has Clearly Backfired