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Effective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer

"No sane person would make those decisions,” says a former engineer at Alameda Research about what ultimately led to the collapse of Sam Bankman-Fried's crypto empire.

Continue ReadingEffective altruism fueled SBF’s ‘ridiculous’ actions at FTX: Ex-Alameda engineer

Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest

According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the…

Continue ReadingDisgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest

SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’

Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview.…

Continue ReadingSBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’