Talk:Sam Bankman-Fried

Subject's ethnic identity listed in first sentence

Currently, the article subject's ethnic identity is listed in the first sentence ("Samuel Bankman-Fried...is a Jewish businessman and effective altruist"). As a consequence, his ethnic identity is one of the few items shown about him on page preview pop-ups for this page elsewhere on Wikipedia. Is this appropriate? It appears to violate Wikipedia's guidelines for biographies ("Ethnicity, religion, or sexuality should generally not be in the lead unless it is relevant to the subject's notability. Similarly, previous nationalities or the place of birth should not be mentioned in the lead unless relevant to the subject's notability."). Instead, "is an American businessman and effective altruist" seems more in keeping with Wikipedia standards. Tensorsum (talk) 17:04, 7 January 2022 (UTC)

No, it's perfectly fine. 2601:602:680:7000:7D7D:2CAA:2135:87C1 (talk) 20:21, 12 November 2022 (UTC)

What a horrible article

Did Sam Bankman-Fried write this himself? This reads like satire. Selected quotes from this masterpiece:

"When he was about 14 years old, his mother noticed that he had spontaneously developed an interest in utilitarianism.[3] "

"Bankman-Fried is a vegan.[19][20][21] He often sleeps on a bean bag chair in his office next to his computer.[22][20][23] He ensures that every room in his office has bean bag chairs to sleep on.[21] He shares an apartment with roommates.[21] He lives in the Bahamas. He almost never drinks or goes on vacation.[21]" (That is one of the most difficult paragraphs to read that I've ever seen)

This article needs to be flagged until it's fixed, seriously.

Update as a result of FTX situation?

A lot in the news recently that might warrant an update here:

https://www.wsj.com/livecoverage/stock-market-news-today-11-09-2022/card/what-is-sam-bankman-fried-s-net-worth-sbf-drops-off-bloomberg-billionaires-index-7vPW3P5SMVQ0V0wjU7Iu Bradqwood (talk) 19:53, 9 November 2022 (UTC)

Network of companies built around Sam Bankman-Fried (FTX/Alameda)

Bankman-Fried's involvement in companies is much broader than currently represented in the article. Here is a graphical view of the network of companies built around Sam Bankman-Fried. It is much broader than the two visible companies associated with the person: FTX/Alameda. image, 4096 pixels, source. It might take an army of accountants and lawyers to unwind and litigate all of this, and will be challenging to understand so that the article can be improved. Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy In the 23-page bankruptcy filing obtained by CNBC, FTX indicates it has more than 100,000 creditors, assets in the range of $10 billion to $50 billion, as well as liabilities in the range of $10 billion to $50 billion. Bankman-Fried also indicated he wishes to appoint Stephen Neal as the firm’s new chairman of the board.

Semi-protected edit request on 12 November 2022

On November 12, 2022 Tom Brady, Steph Curry and Kevin O’Leary set to lose big from FTX bankruptcy filing https://finance.yahoo.com/m/ae6fd772-d704-3164-bca0-a81aa92e9c0a/tom-brady-steph-curry-and.html

Elon Musk: Sam Bankman-Fried 'Set Off My BS Detector' When He Approached About Twitter Investment. Elon did not believe Sam Bankman-Fried even had 3 billion dollars, when Sam Bankman-Fried suggested a personal investment of $5 billion into Elon's twitter. https://finance.yahoo.com/news/elon-musk-sam-bankman-fried-043720906.html

SBF Implemented a secret Bookkeeping "Backdoor". Moving customers' money into his personal hidden offshore accounts without triggering company compliance systems. $1 billion of customers' money has been missing and unaccounted for at Ftx. https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/

On November 12, 2022 Sam Bankman-Fried reportedly denies fleeing to Argentina claims he is in Bahamas currently. FlightRadar24 tweeted early Saturday morning that the one-time crypto billionaire was flying from Nassau to Argentina. https://www.cnbc.com/2022/11/12/sam-bankman-fried-reportedly-denies-fleeing-to-argentina-says-hes-still-in-the-bahamas.html 67.68.8.177 (talk) 20:39, 12 November 2022 (UTC)

 Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a reliable source if appropriate. Requesting an edit while providing only sources, especially on an article subject to rapid change due to current events, is not helpful. Actualcpscm (talk) 22:41, 12 November 2022 (UTC)

November 2 Coinbase Article

While Binance selling off their FTX shares may have been the trigger that pushed FTX over the 'manageable' crisis limit, there have been prior hints/clues that led to this financial insolvency. For example, the recent relevation of FTX and Alameda funding being used to back each other...

https://www.coindesk.com/layer2/2022/11/09/8-days-in-november-what-led-to-ftxs-sudden-collapse/

Binance didn't pull out of FTX for no reason. The Coinbase article from November 2 raised serious issues.

https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/

This article, of course, was based on leaked internal documents...

but ultimately the liquidity crisis was created by improper transfer of FTX funds to Alameda Research.

This article needs to clarify that. The goal of Wikipedia is to present the information NPOV and in a manner which sufficiently informs the reader. The above articles should be added as citations along with a few sentences.Ryoung122 23:35, 12 November 2022 (UTC)