The cryptocurrency community on Twitter has harshly criticized the mainstream media for its poor and biased coverage of the collapse of cryptocurrency exchange FTX.

In a Nov. 18 article in Forbes magazine, Caroline Ellison, CEO of FTX affiliate Alameda Research, was referred to as “Queen Caroline.”

The magazine attempted to portray Caroline Ellison in a neutral light, calling her a “Harry Potter-loving and adventurous math whiz”. The magazine portrayed her as the “new darling of the alt-right,” which many felt was wrong, as former FTX CEO Sam Bankman-Fried and FTX Agency are said to be second only to billionaire George Soros, the second-largest donor to the Democratic Party.

Members of the crypto community took to Twitter to express their disdain for Forbes and other mainstream media coverage of the FTX debacle. Bitcoin educator Dan Held shared in a tweet: “What happened to FTX wasn’t a ‘bug’ or a ‘risky trade gone bad’, it was outright fraud like never before. Crazy mainstream media didn’t bash Karo Lin and SBF.”

A market analyst with the Twitter handle koreanjewcrypto shared: “MSM [Mainstream Media] Trying to make Sam and Caroline some kind of weird martyr was unfathomable to me. This is totally unacceptable and needs to be held accountable.”

Carl Zielinski, director of the Princeton Blockchain Club, shared “The NYT and Forbes rivalry in the worst article imaginable in the FTX saga” in response to the Forbes article on Ellison and the NYT’s “brag” about Sam Bankman — – fried.

Polygon Studios CEO Ryann Wyatt shared in response to Forbes Magazine that “CEO of Alameda Research committed massive fraud and colluded with SBF to ruin many lives” would be a more apt title.

Alex, a physics engineer who goes by ajtourville on Twitter, shared in response to the Forbes article: “The left wing media is actively downplaying #FTX billion-dollar fraud and spearheaded a not-so-subtle PR crisis management campaign for Sam Bankman-Fried and his girlfriend, Caroline Ellison. “

Others simply criticized Forbes for trying to paint Ellison as “the new darling of the alt-right.” 3D fashion designer @NKdfash shared: “How can she possibly be the darling of the alt-right when her plans literally fund the Democrats? I’m confused”.

Misogyny in the Crypto Community

Speaking of criticism, some believe that Ellison may be criticized and attacked even more harshly than former FTX CEO SBF.

Online, Ellison faced a barrage of misogynistic comments and vicious attacks from the male-dominated crypto community. Her looks and sexuality have been the object of ridicule and harsh judgment.

A Stanford student with the Twitter account TheMichelleBao commented on the misogyny she witnessed in the cryptocurrency community, noting: “A lot of tweets about Caroline Ellison smack of misogyny. Asking a woman Wouldn’t it be too much of a world to be dismissed as “ugly” for committing massive financial fraud, supporting race science, and being in a ghetto??

User Fandango, nicknamed the_co11ector, shared: “Can we stop the misogynistic behavior towards Alameda CEO Caroline Ellison. If you want to attack her, just highlight her obvious lack of morals and the way she makes love throughout the space.”

Account holder Crypto Bin Laden responded: “No one attacks her because she is a woman. People attack her because she is ugly, not because she is a woman”.

Ellison’s looks have been heavily mocked. She has been called “ugly,” “ugly,” and even “goblin,” in exaggerated caricatures that continue to circulate as memes online.

related: Sam Bankman-Fried Rumor Mill Rides: Trading Lesson, FBI Extradition, FTX Hack

On Nov. 17, Cointelegraph reported that FTX and Alameda likely colluded from the start, ultimately leading to their collapse. Both entities were created by cryptocurrency businessman Sam Bankman-Fried, who is now being considered by U.S. authorities for his role in the exchange’s collapse.