All posts tagged: stalk of the plant

An FTX executive who broke with the others

An FTX executive who broke with the others

[ad_1] This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. Sam Bankman-Fried won people over through his reputation as a civically minded progressive. Last week, an FTX executive who cut a different figure—that of a “budding Republican mega-donor”—pleaded guilty to two charges ahead of his former boss’s trial. First, here are four new stories from The Atlantic: A Contrasting Figure Last May, Sam Bankman-Fried said that he could spend up to a billion dollars supporting candidates and causes through the 2024 presidential election. He later walked back the claim, calling it “a dumb quote,” but the suggestion, and the flurry of press around it, captured a key part of the image that Bankman-Fried had cultivated. SBF made himself known as a political heavyweight—he was a known donor on the political left—and as an avatar of the effective-altruism philanthropic movement, to which he also donated millions. Central to FTX’s …