Caroline Ellison Buried Sam Bankman-Fried

Her co-CEO, the better risk manager, she said, had checked out mentally, long before he officially left in August 2021. His name was also Sam. He bought a boat and named it “Soak My Deck.” It remains a mystery where Sam Trabucco is today, or why he wasn’t at the trial. As effective altruists, Bankman-Fried and his entourage all believed in “earning to give,” and practiced it like a religion. But the group’s code of ethics had no answer to whether it is wrong to steal. It depends, their prophets likely would have said. Did you calculate the expected value?

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