Sam Bankman Not Fried

SB(n)F gambled on a trial and his parents lost.

“Sam Bankman-Fried loved risk, and he loved to gamble. He knew that if he went to trial, there was a chance, however small, that he might walk away a free man. Pleading guilty meant guaranteed punishment, and probably prison time. And so he chose to gamble, not only with his own life, but with his parents’. . . . There is a reason most people won’t flip that coin: they aren’t selfish enough to gamble with other people’s lives.”

A Different Kind of Billionaire

30-year-old crypto billionaire Sam Bankman-Fried drives a Corolla and sleeps on a beanbag. 

In semi-related news, India’s Guatam Adani has moved into the world’s top ten richest people with a networth of over $100 billion. 

Sentence to ponder, “Mr. Adani’s net worth topped $100 billion on Monday, up from $57 billion a year ago.”