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cover of episode The Vanishing of SBF’s  ‘Effective Altruism”

The Vanishing of SBF’s ‘Effective Altruism”

2022/12/7
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Bloomberg Crypto

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Sam Bankman-Fried used to say he was a man on a mission. That mission: giving away more than a billion dollars in the service of a movement known as “effective altruism." Through personal giving, and through a philanthropic unit called the FTX Foundation, Bankman-Fried appeared to support causes ranging from pandemic prevention to research into climate change. Fast forward a bit, and that message of “using wealth to empower people and projects that are doing the most to make positive, long-lasting change” - a marketing line from the FTX Foundation’s website - now rings hollow). 

Bloomberg reporters Sophie Alexander) and Laura Davison) join this episode with the backstory on SBF and effective altruism.

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