International Business Times Article RatingBlockFi Reveals CEO Cashed Out Around $10M From The Platform After A $400M FTX Loan
- Bias Rating
-10% Center
- Reliability
75% ReliableGood
- Policy Leaning
-10% Center
- Politician Portrayal
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
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Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
Bias Meter
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Contributing sentiments towards policy:
53% : Crypto lender BlockFi revealed that its CEO cashed out nearly $10 million from the platform to pay taxes last year after the loan from FTX, the company said in a presentation.53% : Joshua Sussberg, a partner at law firm Kirkland & Ellis and BlockFi's representative, said the $15 million in withdrawals by members of the management team, including $6 million by Prince, were classified as "litigation settlement payment" or tax payments routed through executives.
48% : The money withdrawn by Prince was classified as 'litigation settlement payment' or tax payments routed through executivesBlockFi, the now-bankrupt digital asset lender, revealed that its CEO Zac Prince cashed out around $10 million from the platform after FTX loaned the company $400 million to help stabilize client funds.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.