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The Vanishing of SBF’s ‘Effective Altruism”
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Manage episode 349102225 series 3358535
Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.
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.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter
See omnystudio.com/listener for privacy information.
225 episodi
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on January 04, 2024 14:43 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 349102225 series 3358535
Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.
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.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter
See omnystudio.com/listener for privacy information.
225 episodi
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