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Fortune
Fortune
Jeff John Roberts

Crypto Twitter, mainstream media, and who really exposed FTX

Sam Bankman-Fried arriving in federal court (Credit: Fatih Aktas—Anadolu Agency/Getty Images)

The Washington Post's Taylor Lorenz weighed in on the crypto scene this week with a thought-provoking article headlined "Influencers outshine traditional media on coverage of FTX." The piece argues that gossipy and freewheeling "tea accounts"—a fixture of pop culture journalism for years—are at last trickling into the world of business journalism and shaping crypto coverage.

Lorenz, who made her name breaking stories about teen trends and has a penchant for inserting herself into the controversy du jour, isn't versed in crypto but does make astute observations. She notes that Twitter accounts like Autism Capital have been influential in reporting on the FTX fraud, and that bloggers like Molly White and Coffezilla were early in pointing out crypto's false promises. (Fortune has profiled similar figures like FatManTerra.) Likewise, she points out—correctly—that prominent social media accounts covering the crypto scene, including Autism Capital, have repeatedly reported false information and then simply deleted it.

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