SAM BANKMAN-FRIED ADMITS THE "ETHICS STUFF" WAS "MOSTLY A FRONT"; Futurism, November 17, 2022

NOOR AL-SIBAI , Futurism; SAM BANKMAN-FRIED ADMITS THE "ETHICS STUFF" WAS "MOSTLY A FRONT"

"The disgraced former head of the crypto exchange FTX, Sam Bankman-Fried, built his formidable public persona on the idea that he was a new type of ethical crypto exec. In particular, he was a vocal proponent of "effective altruism" — the vague-but-noble concept of using data to make philanthropic giving as targeted and helpful as possible.

But in a direct message, Vox's Kelsey Piper asked Bankman-Fried if the "ethics stuff" had been "mostly a front."

Bankman-Fried's reply: "Yeah."

"I mean that's not *all* of it," he wrote. "But it's a lot."