Bankman Freed's ESG Score Is a Symbol of the Industrial Complex at Its Best

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Bankman freed spent a lot of client money on political donations. Ramaswami says these Silicon Valley guru types use ESG to pull the wool over investors' eyes. FTX actually had a higher ESG score than ExxonMobil, even though it only had three board members and according to Forbes magazine, they never had a meeting.

As the fallout from the FTX cryptocurrency scandal continues, the exchange’s embattled 30-year-old founder, Sam Bankman-Fried, has begun making the media rounds defending his actions. The company is facing legal consequences as tens of billions in digital assets have been wiped out — and around $2 billion in client funds are still unaccounted for. Daily Wire culture reporter Megan Basham digs into the what led to FTX’s downfall and what the wider impact might be on the financial markets. Get the facts first on Morning Wire.