Sam Bankman-Fried’s alleged crime was old fashioned, and his purported motives were as ancient as Human Nature. Crypto was the conduit for his greed,
Sam Bankman-Fried’s alleged crime was old fashioned, and his purported motives were as ancient as Human Nature. Crypto was the conduit for his greed, but not the cause. He was someone who grew up hearing, literally, that actions have no consequences. And so, the container for his reckless ambition could have been anything: AI, quant trading, etc., so long as it was a high-growth industry to make and donate as much money as possible.
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