Trung Phan on NYT’s Puff Piece and SBF’s “Crypto Empire Collapse”

Trung Phan on NYT’s Puff Piece and SBF’s “Crypto Empire Collapse”

• Trung Phan along with Elon Musk term the NYT cover on SBF as a ‘puff piece.
• The Podcast co-host used the term, “criminal financial engineering f****ry” for SBF’s recent fallout.
• Many people suspect SBF’s old incriminating tweets to be disappearing recently.

Bloomberg writer and co-host of the Not Investment Advice podcast, Trung Phan expressed his opinion about “The Sam Bankman Fried’s” (SBF) NewYork Times piece and his “Crypto Empire Collapse”. Several Twitter users criticized the published “puff piece” including Trung Phan.

Word count NYT's puff piece on SBF: "Fraud": 0"Enron": 0"Crime": 0"Illiquid": 0"Stolen": 0"Hidden": 0"Criminal": 0"Back door": 0"He's getting sleep": 1 pic.twitter.com/htbte8IyPI

— Trung Phan (@TrungTPhan) November 15, 2022

Phan mockingly revealed that the so-called “puff piece’”published by New York Times, failed to mention words “fraud, “enron”, “crime”, “stolen” or “illiquid” among others, and only mentioned that SBF is still able to get sleep.

In detail, Phan and other Twitterati felt the published piece showed bias towards SBF and covered his shortcomings due to alleged implied influence from the government. Thus, the New York Times published article seemed to not reveal any details about Sam Bankman Fried’s recent misfortunes and terms it as “failed to see warning signs”, and “became the target of investigations by the SEC and the Justice Department.”

Furthermore, Trung Phan also speculated about SBF’s cryptic thread, which SBF deflected in the article as saying, “I’m making it up as I go.” The Podcast co-host also speculated on SBF’s cryptic thread, which SBF refrained from addressing clearly in the article. This vagueness was conceived as a ruse by Phan, since SBF adds one tweet after deleting an old incriminating tweet, to deceive tweet bot counters.

On the other hand, Twitter’s CEO Elon musk also questioned the integrity of the newspaper with his tweet, “Why the puff piece NYTimes?”

Whereas another Twitter user, Bearic Wall revealed similar to Phan’s earlier suspicion,

“Is Sam typing his Twitter thread in slow motion while simultaneously deleting selected tweets to avoid detection by bots?” And questioned SBF’s motives behind his recent cryptic tweets. Another user David Sacks tweeted saying:

NYT: “his ambitions exceeded his grasp”. Interesting way to describe theft and fraud.

SBF’s FTX fallout has destabilized the crypto market, and the SEC continues to investigate the situation faced by SBF. Meanwhile, Twitterati, investors, and users waiting on their lost assets are still waiting to hold someone accountable for their losses.

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