Sunday 20 November 2022

Forbes Gets Punked – Labels FTX Former CEO’s Girlfriend a “New Darling of the Alt-Right”


Forbes got punked big time.

The once-conservative publication Forbes released a story yesterday on the girlfriend of FTX’s former CEO Sam Bankman-Fried, Caroline Ellison who was the CEO of Alameda, the investment arm of FTX.

Instapundit reports on what Forbes shared which has now been edited:

Here’s the passage from the article on how Ellison is “a new darling of the alt-right:” 

In recent days, Ellison has faced a barrage of particularly nasty criticism from crypto boosters who blame her for overseeing the downfall of Alameda. But amid the vitriol she has found some defenders in an unlikely group of people who have celebrated the musings about race science and imperialism on a blog she allegedly wrote in college. Some of her defenders, who call her “Queen Caroline,” are followers of Curtis Yarvin, a neoreactionary political theorist and far right darling. Many of the people who have flocked to Ellison’s defense gather on Urbit, a peer-to-peer platform created by Yarvin, one of her online supporters told Forbes. They think Ellison was set up to be the fall person, and claim that former co-CEO Sam Trabucco, who they derisively call “Sam Tabasco,” is behind Alameda’s implosion. Trabucco didn’t respond to multiple requests for comment.

“I definitely think she’s innocent,” one said. “I think Caroline can be saved.”

The Tweet Forbes shared is still up:

The information from the tweet came from a source that was punking Forbes.

Forbes significantly revised its article and issued a pathetic, non-descriptive one-sentence “correction” at the very, very end without admitting what happened.

Forbes used to be a conservative publication but it has changed over the past few years to the point where it now focuses on stories like this one.  Sad. 

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