FTX’s Sam Bankman-Fried’s humiliation continued. It was reported that he lent himself $1 billion through his hedge fund; he cashed out $300 million last year and told investors it was a partial reimbursement, and even apparently collected $370,000 in PPP loans when the company was already worth ten-figures.
Theranos founder and convicted fraudster Elizabeth Holmes was sentenced to 11 years in prison.
And Elon Musk admitted that he intends to enforce a new censorship regime at Twitter that includes shadow-banning content. This comes after the Tesla CEO has touted the importance of free-speech on his newly acquired platform. (Also this week, a Tesla burst into flames on a Pennsylvania highway.) Musk did throw conservatives a bone by finally reinstating the satirists at the Babylon Bee. (Why wasn’t this done on day one?) But other folk heroes like Donald Trump (who is literally running for president right now) and Alex Jones remain banned. Musk says he will deboost and demonetize “negative/hate tweets,” which could be defined as anything he wants to censor. We at the Breitbart Business Digest remain skeptical.
You must be logged in to post a comment.
