Cryptonews Conspiracy theorists picked up on an utterly unsupported narrative that FTX had helped the Biden Administration funnel funds supporting the Ukrainian war effort back to the Democratic Party 🤭
Media industry site Media Matters pointed out that Twitter owner Elon Musk “
about FTX’s collapse," calling it "the latest instance in Musk’s long history of amplifying far-right content on the platform.", pointing to Bankman-Fried’s enormous political contributions that went largely to Democrats. It said: “In addition to the company's dealings with Democrats, FTX is also being scrutinized for potential connections to the war in Ukraine. Despite a Ukrainian crypto official denying investments into FTX, [‘Fox & Friends Weekend’ host Will] Cain argued it is worth questioning the connection of Democrats and politicians supporting the war in Ukraine.”
Cain was quoted as saying: "We're journalists asking an important question: was money from Ukraine going back to the people that were voting to fund the war in Ukraine?"I'm an NYC-based journalist covering crypto and business.
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