It’s the biggest financial fiasco of the year. There I discovered his connection to fraudster Sam Bankman-Fried and the latter’s Effective Altruism philosophy. What are the odds that the clueless young bro who created the biggest financial fiasco of the year is connected to the clueless young bro who created the biggest financial fiasco of the decade? And—another coincidence!—the woman who assisted Bankman-Fried, and served 14 months in prison for fraud and money laundering, also helped run her college’s Effective Altruism club. I wrote about Effective Altruism back in 2023, and shared my own history with consequentialist ethical systems of this sort.