Published by admin on Sun, 12/11/2022 - 3:38pm
ENVIRONMENT: December 8, 2022
Sam Bankman-Fried, founder of colossally failed cryptocurrency platform FTX, is just the latest swindler to parlay grandiose aspirations into a scam that goes down in flames and takes other people’s money with it. Bankman-Fried (who goes by “SBF”) set records in that department; he is said to have lost up to $51 billion. SBF claimed to be a devotee of “effective altruism,” a philosophy that argues in favor of becoming “filthy rich” so that one can then “give it all away.”
Sure.
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