OPINION

FTX saga shows not all ends justify means

Oped, Peter Singer, Published on 30/11/2022

» In the wake of the collapse of the cryptocurrency exchange FTX, and amid reports that FTX's founder, Sam Bankman-Fried, diverted billions of dollars of clients' funds, some observers have linked the alleged financial malpractice to ideas widely held within the "effective altruism" movement, which Mr Bankman-Fried says inspired him. More specifically, they point to the ethical view that the end justifies the means.