Sam Bankman-Fried, Effective Altruism, and the Question of Complicity
WTF? The thought of easy money runs the gamut from Lotto, Hedge funds, and Work from home to crypto and Spin The Dial. ( I forgot about Web3 and Metaverse)
It was stated by Gideon Lewis Kraus in the New Yorker that Sam Bankman has, identified himself as an adept of effective altruism, the utilitarian-flavored philanthropic social movement. Bankman-Fried first encountered effective altruism, or E.A., as an M.I.T. undergraduate, when he was introduced to the Oxford philosopher Will MacAskill. E.A. leaders recruited Bankman-Fried as someone likely to make a lot of money that he might then give away for the betterment of the world.
Hold that thought. Exactly what were Bankman’s specific goals to use his gains for global betterment? Was it altering climate change, by exchanging dig coins for carbon credits or perhaps a startup with a serial entrepreneur?
Before imploding into a dark hole, did Bankman distribute any of his lottery wins? The bankruptcy trustee will undoubtedly learn new shenanigans from Bankman. Undoubtedly the trustee will want to depose Bankman’s accountants, attorneys, and lien or cease any remaining assets.
Official
All official FTX Group bankruptcy documents filed with the U.S. Bankruptcy Court can be found online at http://cases.ra.kroll.com/FTX/.