
Poor Brian Armstrong can't catch a break. The Coinbase CEO has for years built a corporate culture centered around compliance, which is a rarity in the freewheeling world of crypto. Despite this, the media has often portrayed Armstrong as a villain while portraying FTX's Sam Bankman-Fried, the notorious liar and fraudster, as a good guy.
This is not just a casual observation. On Wednesday, Semafor reported there is empirical sentiment analysis to show that, in the publication's words, "The media loved Sam Bankman-Fried; it hated Brian Armstrong."