The Wall Street Journal is on fire over a softball op-ed claiming FTX went bankrupt because supporters lost faith in its founder

A bizarre opinion piece in The Wall Street Journal was sparked by people online because the author claimed that cryptocurrency firm FTX collapsed because supporters lost faith in its founder.

The article attempted to link the fortunes of FTX founder Sam Bankman-Fried and former President Donald Trump, but in passing Allysia Finley claimed that a lack of support was the reason FTX failed.

“Mr. Bankman-Fried may not believe in anything bigger than himself anymore,” Finley wrote, referencing the disgraced founder’s admission that he used ESG results to get liberals to support him.

“FTX failed because Mr Bankman-Fried’s supporters lost faith in him. So may Mr Trump fall and burn,” Finley concluded.

Aside from the strained analogy with Trump’s voter fraud allegations, Finley was angered online for her odd description of FTX’s demise.

“The Democrats’ second-largest donor ran a DNC money-laundering operation, shared a stage with Bill Clinton, hopped with everyone in the Dem party and had a line titled ‘Trumplose’ on the FTX tally. And WSJ wants you to believe he’s Trump’s twin. Fool ***ery is off the hook,” one read popular answer.

“What the heck is this, who is paying for these articles to make SBF look like the victim?” answered another critic.

“It’s incredible! How can anyone not see @SBF_FTX being protected by some hidden forces? ‘He failed because his supporters lost faith in him.’ Yes, they lost confidence because he cheated them by creating a ponzi. Did Maddof fail because of his supporters?” read another critical tweet.

“The mainstream media will continue on its path of irrelevance as it presents information through its own political lens. SBF has a backdoor in its accounting system to steal money and has given large amounts of money to political benefactors. Why isn’t that the headline?” answered another critic.

Bankman-Fried is under “supervision” in the Bahamas as the investigation into the collapse continues. The cryptocurrency exchange company was appreciated at about $32 billion before filing for bankruptcy.

Here is more about the case of FTX:

The FTX Breakdown Explained | What went wrong | WSJ The Wall Street Journal is on fire over a softball op-ed claiming FTX went bankrupt because supporters lost faith in its founder

Laura Coffey

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