I guess when you produce a product nobody wants and you lose the funding from daddy’s corrupt money laundering credit card it’s tough to pay the bills. This is the first of many stories like this. All sorts of companies infected with the woke mind virus are about to find out that their customer base is minuscule, and that makes it tough to turn a profit.
The Intercept begged its readers for donations after the publication revealed that a multimillion-dollar grant from disgraced former FTX CEO Sam Bankman-Fried would be placed “on hold” due to FTX filing for bankruptcy.
The Intercept is one of several media outlets that received a hefty donation from Bankman-Fried’s foundation.
Bankman-Fried pledged $4 million to The Intercept over two years. So far, the outlet has received $500,000 out of the $4 million to support their reporting “on biosafety and pandemic prevention.”
However, The Intercept’s Acting Editor-in-Chief, Roger Hodge, announced on Friday that future grant payments are “on hold,” and used the announcement to ask readers for donations.
Scumbag