Cardano CEO Appalled at SBF’s Soft Treatment Amid Mounting Evidence of Fraud

• Michael Lewis’s book on Sam Bankman-Fried’s crypto journey sparks controversy.
• Critics accuse the author of glorifying SBF amid mounting evidence of crypto fraud.
• Charles Hoskinson criticizes the media’s soft approach to SBF, drawing attention to privilege.

Michael Lewis, author of ‘The Big Short’, delves into the rise and fall of crypto billionaire Sam Bankman-Fried (SBF) in his latest work, ‘Going Infinite’. However, the book’s portrayal of SBF has stirred controversy, with some perceiving it as glorifying the crypto mogul despite mounting evidence of his involvement in crypto fraud.

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The book examines the ideological world SBF created within the crypto sphere and offers a perspective that has raised eyebrows among readers. Many Michael Lewis fans have expressed disappointment, claiming that his once-pristine credibility may be tarnished due to perceived partiality.

Charles Hoskinson, CEO of Cardano, also weighed in on the book, expressing his concerns. Hoskinson criticized the media’s seemingly soft treatment of SBF, likening it to an “apology tour” for the fallen crypto figure. He expressed astonishment that someone often compared to Bernie Madoff is seemingly receiving preferential treatment.

Within the crypto community, there is widespread agreement regarding the abuse of privilege and connections that appear to be benefiting SBF. A response to Hoskinson’s post argues that such portrayals contrast starkly with the ongoing trial, which is uncovering evidence of serious crimes. Additional responses hope the jury will remain unaffected by the book’s narrative.

On the other hand, there are defenders of Michael Lewis’s book, suggesting that he is simply doing his job as a writer, even if it appears he is aligned with SBF’s interests. Some express frustration over a possibility of potential glamorization of SBF through Hollywood film adaptations. Instead they hope for a fair trial that delivers justice to all the victims associated with FTX.

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