Charles Hoskinson likens Sam Bankman-Fried to Bernie Madoff

Cardano founder Charles Hoskinson has likened former FTX CEO Sam Bankman Fried to infamous American fraudster Bernie Madoff and accused the media of giving SBF a free pass. In an X post on October 9, Hoskinson lashed out at the media frenzy around SBF after the FTX collapse. Hoskinson first called out author Michael Lewis, whose book on SBF has gained a lot of media traction, labeling it an apology tour. It's extraordinary to me that the Bernie Mae off of my generation is getting a free pass from the media. It does show you how profoundly corrupt things have become, especially if you have the right friends, hoskinson said. That the media's attention to sbf, despite public evidence about SBF and FTX being involved in misappropriating and stealing customer funds, shows how corrupt the whole system has become. For all the latest crypto news and updates, subscribe to the official Cointelegraph YouTube channel.