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sam_bankman-fried [2023/01/11 23:22]
liam
sam_bankman-fried [2023/10/16 19:17] (current)
liam [Arrest and charges]
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 ==== Effective altruism ==== ==== Effective altruism ====
  
-During his third year as a physics major at the [[Massachusetts Institute of Technology]], Bankman-Fried was exposed to [[effective altruism]] at a talk by [[William MacAskill]] on the ethics of career choice.((Gabriele, M. (2021, August 1). //FTX Trilogy, Part 1: The Prince of Risk.// The Generalist. https://archive.ph/wZmQ0))+In 2012, during his third year as a physics major at the [[Massachusetts Institute of Technology]], Bankman-Fried was exposed to [[effective altruism]] at a talk by [[William MacAskill]] on the ethics of career choice.((Gabriele, M. (2021, August 1). //FTX Trilogy, Part 1: The Prince of Risk.// The Generalist. https://archive.ph/wZmQ0)) SBF was part of a fraternity at MIT called [[Epsilon Theta]].
  
-Upon graduating from MIT, Bankman-Fried joined [[Jane Street Capital]], a quantitative trading firm and liquidity provider, where he worked as a trader and designed the firm's automated off-exchange trading system. While working at Jane Street, Bankman-Fried gave about half of his salary to charity, primarily to animal causes.((Faux, Z. (2022, April 3). //A 30-Year-Old Crypto Billionaire Wants to Give His Fortune Away.// Bloomberg. https://archive.ph/uvIOa)) After serving briefly as director of development at the [[Centre for Effective Altruism]], he founded Alameda Research in 2017 and FTX two years later.+Upon graduating from MIT, Bankman-Fried joined [[Jane Street Capital]], a quantitative trading firm and liquidity provider, where he worked as a trader and designed the firm's automated off-exchange trading system. While working at Jane Street, Bankman-Fried gave about half of his salary to charity, primarily to animal causes.((Faux, Z. (2022, April 3). //A 30-Year-Old Crypto Billionaire Wants to Give His Fortune Away.// Bloomberg. https://archive.ph/uvIOa)) After serving briefly as director of development at the [[Centre for Effective Altruism]], he founded Alameda Research in 2017 and FTX two years later.((Deutch, G. (2021, July 28). //The young crypto billionaire who wants to change political fundraising.// Jewish Insider. https://archive.ph/eyUPq))
  
 More recently, he has contributed to organizations working in global [[poverty]], [[climate change]], [[artificial intelligence|AI]] safety, [[biosecurity]] and [[pandemic preparedness]].((Schleifer, T. (2022, February 16). //The Notorious S.B.F.// Puck. https://archive.ph/cPVZ8)) More recently, he has contributed to organizations working in global [[poverty]], [[climate change]], [[artificial intelligence|AI]] safety, [[biosecurity]] and [[pandemic preparedness]].((Schleifer, T. (2022, February 16). //The Notorious S.B.F.// Puck. https://archive.ph/cPVZ8))
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 SBF was arrested in the [[Bahamas]] on December 12, 2022.((Schwartz, B. (2022, December 19). //How former crypto king Sam Bankman-Fried and friends quietly donated to political groups and relatives.// CNBC. https://web.archive.org/web/20221222201107/https://www.cnbc.com/2022/12/19/how-ftx-founder-sbf-and-friends-quietly-donated-to-political-groups-and-relatives.html)) A 14-page indictment was filed that alleged "numerous and varied" campaign finance violations, including conspiring with others to make, receive and hide illegal campaign contributions. SBF was arrested in the [[Bahamas]] on December 12, 2022.((Schwartz, B. (2022, December 19). //How former crypto king Sam Bankman-Fried and friends quietly donated to political groups and relatives.// CNBC. https://web.archive.org/web/20221222201107/https://www.cnbc.com/2022/12/19/how-ftx-founder-sbf-and-friends-quietly-donated-to-political-groups-and-relatives.html)) A 14-page indictment was filed that alleged "numerous and varied" campaign finance violations, including conspiring with others to make, receive and hide illegal campaign contributions.
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 +During SBF's trial in October 2023, his lawyers filed a motion petitioning the court to provide him doses of extended-release [[Adderall]] to help him focus on court proceedings.((//Lawyers For Sam Bankman-Fried Petition Judge For More Adderall.// (2023, October 16). ZeroHedge. http://archive.today/2023.10.16-171416/https://www.zerohedge.com/markets/lawyers-sam-bankman-fried-petition-judge-more-adderall))
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