Sam Bankman-Fried Admits the 'Ethics Stuff' Was 'Mostly a Front'

Malaysia News News

Sam Bankman-Fried Admits the 'Ethics Stuff' Was 'Mostly a Front'
Malaysia Latest News,Malaysia Headlines
  • 📰 futurism
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Oh god, he admitted it.

"I mean that's not *all* of it," he wrote. "But it's a lot."If the concept of becoming rich to save the world strikes you as iffy, you're not alone — and it appears that even Bankman-Fried himself knows it.

When Piper observed that Bankman-Fried had been "really good at talking about ethics" while actually playing a game, he responded that he "had to be" because he'd been engaged in "this dumb game we woke Westerners play where we say all the right shibboleths and everyone likes us." Next time you're thinking of investing in crypto, maybe it's worth taking a moment to wonder whether the person running the next exchange might secretly be thinking the same thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

futurism /  🏆 85. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdownSam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdownThe missing tweets include both old missives from Bankman-Fried himself as well as his retweets.
Read more »

Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'According to Representative Brad Sherman, leaders with the OCC, Federal Reserve, National Credit Union Administration, and FDIC spouted 'vague pablum' on crypto regulation.
Read more »

House Expects Sam Bankman-Fried to Testify in FTX ProbeHouse Expects Sam Bankman-Fried to Testify in FTX ProbeThe hearing will look into the crypto exchange’s catastrophic fall after more than $10 billion in client money was misappropriated.
Read more »

US may extradite Sam Bankman-Fried amid FTX collapse investigation: reportUS may extradite Sam Bankman-Fried amid FTX collapse investigation: reportThe US may request Sam Bankman-Fried's extradition to the U.S. from the Bahamas for questioning regarding the collapse of FTX. Bloomberg is facing possible criminal investigation.
Read more »

U.S. Reportedly Considering Whether to Extradite Sam Bankman-Fried Over FTX ImplosionU.S. Reportedly Considering Whether to Extradite Sam Bankman-Fried Over FTX ImplosionSBF tried to claim that his company Alameda had more assets than liabilities after Nov. 7, despite a growing number of reports to the contrary.
Read more »

For embattled FTX founder Sam Bankman-Fried, incompetence could be a legal strategyFor embattled FTX founder Sam Bankman-Fried, incompetence could be a legal strategyIf federal authorities want to pursue criminal charges, they'll have to prove intent, experts say.
Read more »



Render Time: 2025-02-25 17:43:15