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A recurring motif during the trial has been Bankman-Fried’s commitment to effective altruism, a philanthropic ideology aimed at maximizing individuals’ impact through activities like charitable contributions and career choices.
“The motive that defendant had or claimed to have had for committing a crime charged is irrelevant to his guilt or non-guilt. Whether this defendant committed acts in order to further a political goal or for a similar reason, for his personal gain or for the gain of somebody else, doesn’t excuse his acts if he committed them and violated the law.
The lawyers representing the former FTX CEO asserted their intention to demonstrate that he acted in good faith and held a “reasonable” belief that his actions were in the best interests of his customers and investors.
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