- Tucker Carlson views the FTX fall as a history-changing incident.
- Carlson trusts politicians, regulators, and the media benefited from FTX’s scam.
- He says Sam Bankman-Fried, FTX founder, was a scammer that supporters enjoyed for being a money plug.
Tucker Carlson of Fox News has criticized FTX, calling the project a Ponzi scheme. The latest crypto news had the host stating that individuals charged with doing something about the company did not disregard all the red alerts but followed the company since they enjoyed immense benefits.
Meanwhile, Tucker Carlson added that what the mainstream media industry and many individuals in Washington lapped could materialize as a history-shifting event. The FTX cryptocurrency exchange filed for insolvency protection over the previous week, along with 130 affiliated firms.
Meanwhile, the FTX coin has dropped approximately 94% within the last two weeks. Moreover, most market players will likely lose all cash. Carlson added that the exchange fallout could be the worst monetary scandal the financial space has ever witnessed. That’s because of the turmoil experienced in the overall global economy following the debacle. Moreover, it might be an irreparable hit to crypto.
SBF Was a Fraud – Carlson
Carlson stated that FTX’s debacle had affected millions of individuals who might lose their fortunes because of founder Sam Bankman-Fried. He trusts SBF is a con that needs a stoppage to his fraud game. Indeed, Sam Bankman-Fried wasn’t the JPMorgan or Michael Jordan of cryptocurrency as individuals made him feel.
Also, Carlson criticized Caroline Ellison, Alameda Research CEO, as an individual who didn’t qualify for the positions as she claimed. The lack of what could have been essential to handle the CEO’s job contributed to FTX’s fall.
FTX’s Corruption
Tucker Carlson termed corruption the reason behind FTX’s collapse, stating that individuals supposed to cover, regulate, and rein in FTX and SBF were profiting from the Ponzi. The Fox News host believes those paid to fuel the scam include SEC Chair Gensler, the Democratic Party leaders, and leading news media. He trusts the beneficiaries knew why & how FTX was not a ‘real’ company.
Stay tuned for upcoming cryptocurrency news.
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