The founder of bust cryptocurrency exchange FTX has admitted he talked up his ethical credentials as part of a “dumb game we woke Westerners play” to burnish his reputation “so everyone likes us”. The Telegraph has more.
Sam Bankman-Fried, the 30-year-old founder of collapsed cryptocurrency company FTX, admitted in an interview that his public stance on ethical issues was in part a “front”.
The admission comes amid accusations that Mr. Bankman-Fried scammed investors out of their money. Regulators around the world, including the U.S. Department of Justice, are investigating the collapse of FTX, which has left over one million creditors out of pocket.
Mr. Bankman-Fried, who at one stage was worth around $16bn, was a self-proclaimed “effective altruist”, meaning he aimed to make as much money as possible in order to give it away to charities.
He appeared in multiple videos explaining his views on climate change and world poverty and posted his thoughts on how to maximise his positive impact on the world on Twitter.
However, he told the website Vox: “Man all the dumb s*** I said… it’s not true really.”
He said: “I feel bad for those who get f***** by it, by this dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”
On Thursday morning he then attempted to row back his comments, saying: “Some of what I said was thoughtless or overly strong, I was venting and not intending that to be public. What matters is what you do – is actually doing good or bad, not just talking about doing good or using ESG language.”
But Sam, all the dumb s*** you say, it’s not true really, so why should we believe you now? Can I also suggest that anything you don’t intend to be public you omit from media interviews?
Douglas Murray in the Spectator suggests people shouldn’t feel bad if they experience pangs of satisfaction at seeing the woke charlatan fall.
Today when you want to show that you really care – as opposed to actually caring – then you talk of how concerned your company is about ESG [Environment, Social, Governance]. Firms are even rated by their ESG scores. It is a great medieval Vatican-style scam. And it is everywhere.
In any case, FTX was big on ESG. On a video from January this year the company’s founder Sam Bankman-Fried and the vlogger Nas Daily – the first a shyster, the second possibly a naif – claimed that FTX existed only to make money that could then be given away. The two young men are weirdos in different ways – but the main one, Bankman-Fried, looks about 14 and has a face like a stress ball being scrunched by somebody who’s very stressed indeed.
This pair talk about all of the things that our age values most, claiming as they do that making money to pass on to special causes is much better than merely getting rich and buying a Lamborghini. If you make money and give it away to these causes, they say, that makes you way more happy than spending it on yourself.
With some infelicitous turns of phrase, Daily says various things about Bankman-Fried, which the latter then responds to. “He is funding everything you can think of: global warming” (“It’s one of the biggest problems that we have to tackle together as a world”). “COVID-19 preparedness” (“We have to be ready for the next pandemic”). “Neglected tropical diseases” (“More than a billion people suffer from them – we have to eliminate these diseases”). “And of course animal welfare” (“Animals deserve to live just like we do; it’s also why I’m vegan”).
People should really have learned about ESG by now, says Murray:
ESG – like its fellow traveller ‘Diversity Inclusion and Equity’ (or DIE, as I prefer to call it) – ought by now to be a great big warning flag to investors and speculators everywhere. When a firm or investment fund goes on about ESG or DIE it should cause hard-wired suspicion of the kind provoked by, say, a sinister stranger with a comb-over volunteering to look after the kids at bathtime.
Bankman-Fried is a rare thing – someone formerly on the inside who’s come out and uttered the truth about wokery: that’s it’s the sanctimonious creed of a prestige faith, a set of luxury beliefs there primarily for show that demonstrate how with it you are while personally costing you nothing.
To join in with the discussion please make a donation to The Daily Sceptic.
Profanity and abuse will be removed and may lead to a permanent ban.
H is for Hunt – Hardline Lockdown Fanatic
Well good morning everyone.
Now to read the ATL posts.
what does ATL mean please?
ATL = Above the line, meaning the articles etc provided by the site owners/creators/editors.
BTL = Below the line, meaning comments from the public viewing the site.
Morning all….does anyone else think that the ‘rise’ in Covid cases might have the slightest thing to do with this headline in December…?
UK ministers secure 114m more Covid vaccines for next two yearsExtra Pfizer/BioNTech and Moderna jabs for 2022 and 2023 ordered to ‘future proof’ vaccine programme.
Seems like an awful lot of stuff when numbers of people willing to be jabbed ‘again’
is plummeting….?
Morning to the dwindling few
, 114 million doses , let me think
….. will coercion still be craftily used as cash is squeezed out & 5G surveillance ramped up – China style !..
Afternoon!
How could you be so cynical? Of course it doesn’t!
What’s wrong with Rwanda, Africa, Your Royal Highness?
Will “racist” interpretation of remarks lead to cancellation?
When Woke is hoist on their own petard.
Yes, what’s so bad about Catholic Rwanda? Or perhaps it is sub-Saharan Africa that people find objectionable, like those medical scientists in South Africa?
Rwanda’s a lovely place. I know because it said so on Top Gear!
I suppose they could always be sent to a centre in France instead (though to be fair that would probably be worse than Rwanda)…
Why I’m 99% certain that Justin Bieber’s facial paralysis was caused by the COVID vaccineWas it vaccine related? That’s what the math says. Here’s my calculation.
Steve Kirsch
6 hr ago
395
353
and the wife likely vax injured too:
Just shared on Facebook and anything else you can too.
Share if you can…..
https://www.conservativewoman.co.uk/we-begged-the-government-not-to-vaccinate-children-now-ten-are-dead-and-nearly-2000-injured/
We begged the Government not to vaccinate children – now ten are dead and nearly 2,000 injured.
Update….this article has now just vanished, both from the Conservative woman, and Kathy Gyngell’s Twitter???!
A pity. I seem to remember some months back that the figure for healthy 15-17 year olds dying of (or with) “covid” in the UK was given as zero. If it can be confirmed that children have died from this experimental muck, then that strongly suggests that children’s lives have been sacrificed in the name of the “vaccine” narrative.
Is that a fair conclusion?
Bloody hell! I read this article this morning and no question it was a shocker but everything seemed fully referenced and the evidence was clear.
What’s going on?
Well…tyrannical vile people do have to stick together don’t they?
Justin Trudeau
Keeping our air clean, protecting our nature, and growing our economies – that’s what the new partnership between Canada and California focuses on, and that’s what Governor @gavinnewsom and I are committed to. More on what we announced this morning:
egghhh! Shudder!!
Just found this at Off-G in the BTL comments:
“Russia’s former health minister is a bigwig in the Global Pandemic Preparedness Board that Bill Gates has set up with the WHO as a front organization to make billions from his vaccine-pushing pharma investments. The man’s greed is beyond evil.”
There is something not quite right with this Russia war business but it’s beginning to look like we are being spun another one.
This is interesting & deserves to be widely shared.
Anyone with even one brain cell had worked this out….
https://www.planet-today.com/2022/01/bombshell-veritas-documents-reveal-dc.html?m=1#.YqFn4eresfX.twitter
More evidence to support the conspiracy theory of eugenics by the lovely caring WEF & philanthropic Billy Gates…..
https://www.redvoicemedia.com/video/2022/06/exclusive-moderna-foia-bombshell-males-will-be-sterile-and-ask-dr-jane/
Causing harm with an experimental drug can result in the death penalty being imposed. Maybe this will finally convince those injectors of the toxic bioweapon that doing so is not such a good idea? Self preservation might win the day where appealing to their integrity has failed dismally…..
https://t.me/A4Army/132
I thought they said these didn’t exist?….
https://www.defense.gov/News/Releases/Release/Article/3057517/fact-sheet-on-wmd-threat-reduction-efforts-with-ukraine-russia-and-other-former/
June 9th 2022.
The United States has also worked collaboratively to improve Ukraine’s biological safety, security, and disease surveillance for both human and animal health, providing support to 46 peaceful Ukrainian laboratories, health facilities, and disease diagnostic sites over the last two decades.
Good article rounding up various things around the problem of children, pregnancy and vaccination…food for thought, but this bit chills me to the bone …
https://igorchudov.substack.com/p/developmental-disorders-in-babies?s=r
Imagine a vaccine enthusiast mother, who gets three doses during her pregnancy. Say, two doses during month 4 and one during the last week of pregnancy. The unborn baby is, obviously, exposed to all that.
Then the baby is born.
If the June 14-15 FDA meeting goes as planned, FDA will approve a three-dose Pfizer vaccine for infants and toddlers. So shortly after being exposed to THREE doses of mRNA vaccines prenatally, the recently born 6 months old baby will get THREE MORE Pfizer mRNA shots.
That’s a total of, drumroll, six spike protein, and nanoparticle exposures. For a tiny newborn, all during one first year of her life.
They are evil. I can’t think of another word that appropriately describes them.
We have our own cache of evil beings here in the U.K. The NHS has now included the shite in a syringe in the vaccination schedules – 2 doses – for children aged 5 – 15. They will be working hard to include the newborn to age 5 in the jabs schedule asap.
Science be damned. It’s evil. Sheer, unadulterated evil.
https://www.nhs.uk/conditions/vaccinations/nhs-vaccinations-and-when-to-have-them/
If the poor little mite survives to life birth in the first place…
They are truly, truly evil.
Yes…Let it sink in…my Government wish to harm me…not just keep a status quo, want to actually harm me……beggars belief…