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Comment by monero-xmr | Hacker News Reader

Considering the orgy parties they had in the Bahamas penthouse, it's like Eyes Wide Shut fantasies come to life

https://www.youtube.com/watch?v=LaIdHUx7FQg

Please don't conflate effective altruism with SBF/FTX. Although SBF was a major donor to EA organizations, they were not party to his fraud and EAs do not generally approve of doing unethical things "for the greater good."(Citation: Point #5 here: https://astralcodexten.substack.com/p/open-thread-250)

It's hard to believe people taking multi-million $donations have no association with FTX.

The box is still to be opened on that side, but I don't doubt we might find something soon

When the most famous advocate of your philosophy is the perpetrator of one of the biggest frauds in history, the conflation is unavoidable. EA will have to rebrand.

> they were not party to his fraud

That remains to be seen. The investigation is ongoing, and for my part I suspect that more people in EA will be implicated.

Alameda got seed money (>$100 million) from two rich EA proponents: Skype co-founder Jann Tallinn and Luke Ding...at a steep interest rate of 43%.

https://www.semafor.com/article/12/07/2022/charity-money-lau...

If they want to have orgies, fine. That's consensual. Fraud, no.

Sort of. It could be evidence in favour of fraud, showing FTX / Alameda are literally and figuratively not at arm's length.

Not even at penis's length, maybe.

That's not fine. It demonstrates a shit ton of backwards priorities of a group called "ea"

Having orgies is not fine

what's wrong with orgies?

Communal sex is immoral

Abstractly hedonistic pleasure is of the devil

I think you’re referring to SBF and FTX people, who aren’t the same group ?

FTX’s Future Fund donated $13.9M to the Center for Effective Altruism. This was apparently most (all?) of their 2022 donations and over 50% of their total donations ever received.

So, yeah, FTX paid for this mansion.

[1] https://donations.vipulnaik.com/donee.php?donee=Centre+for+E...

Just to be clear, this is because most people within EA circles don't donate to EA infrastructure. SBF was a director of CEA for a few months prior to opening Alameda and likely was lobbied by someone to donate to infrastructure after it received so little.

> FTX paid for this mansion.

"I was the person who owned the early development of the project idea, and fundraised for it. (The funding comes from a grant specifically for this project, and is not FTX-related.) ..." https://forum.effectivealtruism.org/posts/xof7iFB3uh8Kc53bG/...

Also, if you believe your link, the first FTX donation to CEA was in 2022, and this was purchased in 2021. But eyeballing the numbers at the link I don't think it's complete.

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