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Saturday, December 2, 2023

The very best stuff Sam Bankman-Fried’s mother and father purchased utilizing FTX cash

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The attorneys who characterize what’s left of FTX filed swimsuit in opposition to Sam Bankman-Fried’s mother and father, saying they “exploited their entry and affect throughout the FTX enterprise to counterpoint themselves, immediately and not directly, by thousands and thousands of {dollars}.” The purpose of the swimsuit is to get that cash again so it may be paid out to the individuals FTX owes.

Fried “has written extensively on questions of distributive justice, within the areas of tax coverage, property concept and political concept,” according to her Stanford profile. She additionally ran a donor community for Democratic candidates. Of be aware: Fried is a thinker who’s enthusiastic about consequentialism, which “is about doing good for as many individuals as doable, however a much less charitable approach to summarize it’s ‘the ends justify the means,’” the Bloomberg profile famous.

So what prizes did Sam’s mother and father allegedly get from FTX? Effectively:

I hope my dad isn’t disillusioned once I purchase him extra science fiction books for his birthday, as a result of I can’t afford to purchase him a trip residence within the Bahamas. Alternatively, at the least I’m not dealing with any legal prices?

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