ABOLITION

ACAB

[gleep-glorp-bobcat]

[kragehund-est]

everyone hates orange until they actually see her in context. "oh it's such an ugly color, too bright!" look at sunsets and autumn, look at campfires and deserts. she's the most beautiful and special part of the scene. now apologize.

[gleep-glorp-bobcat]

Orange is my favorite color

[apushdril]

the human mind… perhaps the most powerful weapon. second only to the “GUN”

[gleep-glorp-bobcat]

[heateron]

[animentality]

[probablyasocialecologist]

Exclusive: Effective Altruist Leaders Were Warned About Sam Bankman-Fried Years Before FTX Collapsed

EA leaders said they were deceived by the disgraced billionaire. But the red flags around Bankman-Fried were well known

Leaders of the Effective Altruism movement were repeatedly warned beginning in 2018 that Sam Bankman-Fried was unethical, duplicitous, and negligent in his role as CEO of Alameda Research, the crypto trading firm that went on to play a critical role in what federal prosecutors now say was among the biggest financial frauds in U.S. history. They apparently dismissed those warnings, sources say, before taking tens of millions of dollars from Bankman-Fried’s charitable fund for effective altruist causes.

When Alameda and Bankman-Fried’s cryptocurrency exchange FTX imploded in late 2022, these same effective altruist (EA) leaders professed outrage and ignorance. “I don’t know which emotion is stronger: my utter rage at Sam (and others?) for causing such harm to so many people, or my sadness and self-hatred for falling for this deception,” tweeted Will MacAskill, the Oxford moral philosopher and intellectual figurehead of EA, who co-founded the Centre for Effective Altruism.

Yet MacAskill had long been aware of concerns around Bankman-Fried. He was personally cautioned about Bankman-Fried by at least three different people in a series of conversations in 2018 and 2019, according to interviews with four people familiar with those discussions and emails reviewed by TIME.

He wasn’t alone. Multiple EA leaders knew about the red flags surrounding Bankman-Fried by 2019, according to a TIME investigation based on contemporaneous documents and interviews with seven people familiar with the matter. Among the EA brain trust personally notified about Bankman-Fried’s questionable behavior and business ethics were Nick Beckstead, a moral philosopher who went on to lead Bankman-Fried’s philanthropic arm, the FTX Future Fund, and Holden Karnofsky, co-CEO of OpenPhilanthropy, a nonprofit organization that makes grants supporting EA causes. Some of the warnings were serious: sources say that MacAskill and Beckstead were repeatedly told that Bankman-Fried was untrustworthy, had inappropriate sexual relationships with subordinates, refused to implement standard business practices, and had been caught lying during his first months running Alameda, a crypto firm that was seeded by EA investors, staffed by EAs, and dedicating to making money that could be donated to EA causes.

[gleep-glorp-bobcat]

This sounds like CYA BS from people who were all too happy to take the money while it was freely available

[reddragdiva]

Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron

“Where people without jobs ask people without companies for jobs.”

by Amy Castor and David Gerard

Sam Bankman-Fried is back in a cell.

The SEC asks permission to appeal the very dumb and bad Ripple ruling.

Prime Trust files for Chapter 11.

Who owns TrueUSD, who’s suing who.

Worldcoin falls afoul of data protection.

Richard Heart’s Hex falls to the SEC.

Another US bank fails — but it’s okay, it was just scammed!

we also highly recommend Kai Lentit's visit to Web3 Berlin

[gleep-glorp-bobcat]

Lol

[reddragdiva]

Sam Bankman-Fried facts

SBF does not sleep. He waits … to tell you about his crimes.

SBF’s tears cure the urge to confess. Too bad he stopped crying in early November.

There is no chin behind SBF’s five o’clock shadow. There are only more blog posts detailing crimes.

SBF doesn’t do pushups. He just doesn’t.

When the Bogeyman goes to sleep every night, he puts in earplugs so he doesn’t have to listen to SBF detailing yet more of his crimes.

SBF does not go looking for crimes to confess to, because the word “looking” implies the possibility of failure. SBF goes committing more crimes to confess to.

SBF sold his soul to the devil for his rugged cryptocurrency good looks and unparalleled genius at racking up financial crimes. When the deal had been done, SBF looked the devil lovingly in the eye and rugpulled him. Then he confessed more of his crimes.

SBF talked the Effective Altruists into donating to his criminal enterprise, for the longtermist good of 1054 hypothetical future emulated humans. Not that it was very hard.

A lotta y’all still don’t get it. Crime holders can use multiple confession juices on a single crime. So if you have one life sentence offence already and three confession juices you can create three additional life sentence charges. Tonight’s blog post mint event is essentially a minting event for both Sam and Caroline.

FTX and Alameda can build a crypto exchange and a prop trading desk from paper clips, rubber bands and soda cans. And they did precisely that.

If you can see SBF, he can see you. If you can’t see SBF, you may be only seconds away from hearing his perfectly reasonable and extremely long-winded explanations of yet more of his goddamn crimes.

(blog post version)

[me3dia]

Screenshot from this Fortune article.

Nauru is an 8.1-square-mile island with no potable water source aside from rainfall and 90% of its land was strip-mined for phosphorus, leaving only the narrow (like 1000 feet wide, max) coastal belt for farming. The 10,000+ current residents rely almost exclusively on shipments from Australia and Indonesia for their food and water. The average daytime temperature ranges from 86º to 95º, and the highest point on the island is only 233 feet above sea level. It was most recently in the news because it hosted a refugee detention camp for Australia.

Imagine thinking that was the best place to live if 50% to 99% of the global population died.

[gleep-glorp-bobcat]

Fucking idiots

[worldoptimizations]

FTX/Alameda Caroline Ellison

worldoptimization.tumblr.com

fake charity nerd girl

[worldoptimizations]

[worldoptimizations]

FTX/Alameda Caroline Ellison

worldoptimization.tumblr.com

fake charity nerd girl

[thahxa]

i was gonna make a post like "do you think caroline worldoptimization and sbf ever explored each others bodies?" but like. yes they did. that was a pretty big part of what they did

[gleep-glorp-bobcat]

Obviously

[kontextmaschine]

I'm adjacent to people who were in that FTX crypto fraud on the mastermind side.

You're adjacent to people who were in that FTX crypto fraud on the victim side.

We are not the same.

[gleep-glorp-bobcat]

“Mastermind”

[thahxa]

wait. why does everyone say caroline worldoptimization was polycule rank number one? it's implicitly implied in posts about her but like. i don't think she ever said it herself

[gleep-glorp-bobcat]

Great point who knows what the hierarchy was it could’ve moved around

[worldoptimizations]

Links between Caroline Ellison and Alt-Right Scientific Racism (HBD chick) // FTX Alameda

HBD Content warning

(human bioversity)

FTX/Alameda Caroline Ellison

worldoptimization.tumblr.com

fake charity nerd girl

[nunjournal]

sorry but the absolute nerve of this woman to be a race science proponent

[gleep-glorp-bobcat]

Can’t wait for the SBF trial

[drethelin]

Dance like no one is watching, love like you’ve never been hurt; sing like no one is listening, and blog like it’s never going to be found and publicized after you’re involved in a multibillion dollar international cryptocurrency fraud 

[gleep-glorp-bobcat]

SBF chilling in jail right now