The Rise and Fall of Sam Bankman-Fried

This chapter examines the early tumultuous years of Sam Bankman-Fried, focusing on his transition from a trader to the founder of a controversial trading platform, Alameda Research. It highlights the ethical dilemmas, chaotic management style, and the implications of his aggressive pursuit of wealth amidst a backdrop of questionable financial practices. The narrative also explores the effective altruism movement's ties to Bankman-Fried, reflecting on how his downfall affected its reputation.