Her co-CEO, the better risk manager, she said, had checked out mentally, long before he officially left in August 2021. His name was also Sam. He bought a boat and named it “Soak My Deck.” It remains a mystery where Sam Trabucco is today, or why he wasn’t at the trial. As effective altruists, Bankman-Fried and his entourage all believed in “earning to give,” and practiced it like a religion. But the group’s code of ethics had no answer to whether it is wrong to steal. It depends, their prophets likely would have said. Did you calculate the expected value?
Source: https://www.coindesk.com/consensus-magazine/2023/12/04/caroline-ellison-buried-sam-bankman-fried/?utm_medium=referral&utm_source=rss&utm_campaign=headlines