Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial - The New York Times

Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on. By Erin Griffith Reporting from San Francisco In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry: Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the hottest artificial intelligence company, OpenAI, at triple its valuation earlier this year. Hotly debated the new features on Threads, a social media site owned by Meta. All of which is to say that, despite the involvement of many Silicon Valley insiders in FTX, people in tech were not outwardly obsessed over the ins and outs of Mr. Bankman-Fried’s trial, which ended when he was found guilty of sev

Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on. By Erin Griffith Reporting from San Francisco In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry: Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the h