Citizen Journalism Faster Than Mainstream Media in Uncovering FTX Scandal

Illustration on a smartphone screen displaying the logo of FTX, the crypto exchange platform, with a screen showing the FTX website in the background in Arlington, Va., on Feb. 10, 2022. Olivier Douliery/AFP via Getty Images

News Analysis

On Sept. 3, Marc Cohodes leveled several bold accusations at crypto exchange FTX and its founder Sam Bankman-Fried. Among the many assertions made by the former hedge fund manager and current short-seller was that FTX didn’t have as much money as it claimed.