Bankman-Fried's Money Tied to Major Media Outlets, Bringing 'Journalistic Integrity' Into QuestionFTX founder Sam Bankman-Fried gave millions to various media outlets throughout 2022 via his family-run nonprofit, "Building a Stronger Future." The major companies who received funding include Vox, ProPublica, Semafor, and The Intercept.
In some cases, donations appear to be crucial to the viability of the recipients.
In a leaked letter to staff members, Roger Hodge, editor-in-chief of The Intercept, admitted that there was now a "significant hole" in the company's budget. According to Hodge, the company received $500,000 a few months ago. “Another $250,000 was due in December, with $3.25 million to follow over the next two years.”
Downplaying the potential conflict of interest, Hodge heaped praise on his reporters in the letter: "I also knew our reporters would never pull their punches because of a donation—and they didn’t." He adds that The Intercept disclosed Bankman-Fried's donation in its reporting on the FTX story....
Source: Bankman-Fried's Money Tied to Major Media Outlets, Bringing 'Journalistic Integrity' Into Question (https://www.theepochtimes.com/bankman-frieds-money-tied-to-major-media-outlets-bringing-journalistic-integrity-into-question_4893131.html)