Sam Bankman-Fried On Managing A Team, Altruism, And His Legacy | Forbes - YouTube
Sam Bankman-Fried is one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm. The son of two Stanford law professor...
Sam Bankman-Fried is one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm. The son of two Stanford law professors, he studied physics at MIT but was drawn to "effective altruism," the utilitarian-inflected notion of doing the most good possible. So he took a job trading ETFs at a quant firm, donating a chunk of his salary to charity, then jumped into crypto trading in late 2017, when he spied a lucrative arbitrage opportunity. Bankman-Fried launched his own exchange, FTX, in 2019. Built "by traders, for traders," it's one of the leading exchanges…
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