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Effective altruism, in case you’ve never heard of it, is a philosophical and social movement that applies reason and evidence to determine, and then act upon, the most effective ways to benefit others. Peter Singer, a major advocate of the movement, said “effective altruism is about doing the most good
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Crypto, which has a presence in both Silicon Valley and Wall Street, has certainly benefited from this system. But it might benefit more from the tarnishing of Big Tech’s prestige. Companies like Google and Facebook used to sop up talent by offering generous benefits, uber-competitive salaries and, perhaps most importantly
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A federal judge has allowed the identities of guarantors who signed on as sureties for former FTX CEO Sam Bankman-Fried’s $250 million bond to be made public following a request from several news outlets.Court documents released on Feb. 15 show that the two previously unidentified individuals are Andreas Paepcke, a
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District Judge Lewis Kaplan, of the Southern District of New York, originally ruled in favor of news organizations, including CryptoX, who argued the names of Bankman-Fried's signers were of public interest, but stated the ruling pending appeal. While Bankman-Fried's attorneys filed a notice that they would appeal, they did not
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Prosecutors behind the criminal case against former FTX chief executive officer Sam Bankman-Fried have requested additional time to consider the legal implications of him using a virtual private network, or VPN.In a Feb. 13 filing with the United States District Court for the Southern District of New York, U.S. Attorney
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The former FTX chief has being using privacy tools which prosecutors worry could be used to access the dark web. Source
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Two members of the United States House Financial Services Committee have call out Securities and Exchange Commission Chair Gary Gensler “regarding the timing of the charges filed against FTX founder Sam Bankman-Fried” based on his scheduled appearance at a hearing.In a Feb. 10 notice, committee chair Patrick McHenry and Representative
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A federal judge has reportedly denied oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps.According to a Feb. 9 Reuters report, Judge Lewis Kaplan of the United States District Court for the Southern District of New York upheld his ruling that Bankman-Fried be restricted
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Issues with Bankman-Fried’s bail conditions became public on Jan. 27, when prosecutors submitted a letter to the court urging Kaplan to amend Bankman-Fried’s bail conditions to prohibit him from attempting to contact any former or current employees of Alameda Research or FTX, as well as using Signal or other ephemeral
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Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.Robinhood confirmed it got board approval to buy back the stake in its fourth quarter report, which was
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