FTX’s Sam Bankman-Fried cashed out $300M during funding spree
Just a general statement on people commenting on this saga: Sam wasn't doing effective altruism.  He was lying about doing effective altruism.<p>It's weird to me that people talk about this as an indictment of EA...but this rings similar to me as claiming that this is an indictment of DeFi or cryptocurrency generally.  Sam/Caroline weren't doing DeFi, and neither were they really doing anything related to cryptocurrency.  This was <i>just</i> a pretty staightforward scam.