#FTX
5 entries tagged FTX.
People (2)
- Sam Bankman-Fried Sam Bankman-Fried is the founder of the FTX cryptocurrency exchange and the effective-altruism movement's largest benefactor, who directed FTX customer funds into longtermist causes and a 500 million dollar Anthropic investment before FTX collapsed in 2022 and he was convicted of fraud in 2023.
- William MacAskill William MacAskill is a Scottish moral philosopher at Oxford who cofounded effective altruism through Giving What We Can, 80,000 Hours, and the Centre for Effective Altruism, wrote the longtermist book What We Owe the Future, recruited Sam Bankman-Fried into earning-to-give, and resigned from the FTX Future Fund when the exchange collapsed in 2022.
Organizations (3)
- Anthropic Anthropic is an artificial-intelligence company founded in 2021 by former OpenAI researchers from the effective-altruism milieu around the goal of safe AI development, whose 2022 Series B was led by a 500 million dollar investment from Sam Bankman-Fried's FTX before its fraud collapse.
- Effective Ventures Effective Ventures was the umbrella charity that legally housed the central effective-altruism organizations, took roughly 27 million dollars from Sam Bankman-Fried's FTX in 2022, repaid all of it to the FTX bankruptcy estate in a 2024 settlement, and then resolved to spin out all of its projects into independent bodies.
- FTX Future Fund The FTX Future Fund was the philanthropic vehicle launched in February 2022 by Sam Bankman-Fried's FTX Foundation, run by Nick Beckstead with Will MacAskill and others, which committed roughly $160 million to longtermist, AI-safety, and biosecurity causes before its entire team resigned and the money was clawed back when FTX collapsed in November 2022.