Sam Bankman-Fried admits in an interview with Axios that FTX's multitude of licenses were 'corporate bullshit,' but swears his effective altruism quest was genuine.
Bankman-Fried's most defining feature, however, was his dedication to effective altruism . His main goal, he has said, was to make money and to give it away., in which Bankman-Fried threw cold water on the virtue of being ethical.: In an Axios interview Monday night, Bankman-Fried acknowledged that part of his image was curated, but maintains that effective altruism was his driving force — even if the EA movement would prefer to disown him.
His predilection for playing games in important meetings — most notably while trying to get Sequoia to invest "I think we probably went a little bit overboard on the number of licenses that we got," he says. "There were ones that we did that weren't ultimately meaningful. It was trying to brand yourself in a way that you wanted to be seen."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried gave cash to liberal media organizations before FTX collapseProgressive FTX founder Sam Bankman-Fried faces questions about money given to liberal news organizations and whether he paid for favorable media coverage.
Read more »
Disgraced FTX founder Sam Bankman-Fried ghosted his legal team over bankruptcy: reportHours before the FTX bankruptcy, an attorney was reportedly still begging SBF to sign the papers.
Read more »
Sam Bankman-Fried Called to FTX Hearing by Texas Securities RegulatorTexas regulators have called former FTX_Official CEO SBF_FTX to a hearing in February to answer claims that FTX offered unregistered securities through its yield-bearing service. jesseahamilton and cheyenneligon report
Read more »
FTX founder Sam Bankman-Fried quietly purchased major Democratic data firmFTX founder Sam Bankman-Fried reportedly bought a major Democratic voter analytics software company over the summer, chasing away the firm's other investors.
Read more »
Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio InterviewIn a second audio interview SBF gave following FTX’s collapse, he discussed what he would have done differently and said he felt there was a “50-50 chance” FTX would be OK now if Binance’s CZ hadn’t expressed concerns about FTX. By skesslr and NelWang
Read more »
Messages Show How Bankman-Fried Tried to Hold on as FTX ImplodedIn one Slack message concerning mistakes in the company’s bankruptcy filing, top FTX lawyer Ryne Miller also reportedly criticized Bankman-Fried’s lack of cooperation as the crisis mounted.
Read more »