I would also be interested in knowing who/which org was “owning” the relationship with FTX...
Not to assign blame, but to figure out what the right institutional responsibility/oversight should have been, and what needs to be put in place should a similar situation emerge in future.
These people were employed directly by FTX. They weren’t well positioned to oversee FTX. (You can’t oversee the group that pays you.)
It’s possible that the individuals did very substantial due diligence before joining (not “should I join this org” due diligence, but “should we decide for all of EA that FTX should be trusted” due diligence), then thought that board members or other groups would oversee FTX.
I think they could have been proponents for some parts of this, but not the entire thing.
Were they? I had the impression that there was an (at least technically) independent organisation, FTX Foundation or FTX Philanthropy, that employed the FTX Future Found team. But of course this might very well be wrong. At least Will MacAskill, though, wasn’t an employee of FTX, he described his position as ‘unpaid advisor’ and his formal roles include being a Professor at Oxford University, trustee of CEA and Director of the Forethought Foundation.
I would also be interested in knowing who/which org was “owning” the relationship with FTX...
Not to assign blame, but to figure out what the right institutional responsibility/oversight should have been, and what needs to be put in place should a similar situation emerge in future.
Surely it’s the people working for the FTX Foundation who were the connection between FTX and EA.
These people were employed directly by FTX. They weren’t well positioned to oversee FTX. (You can’t oversee the group that pays you.)
It’s possible that the individuals did very substantial due diligence before joining (not “should I join this org” due diligence, but “should we decide for all of EA that FTX should be trusted” due diligence), then thought that board members or other groups would oversee FTX.
I think they could have been proponents for some parts of this, but not the entire thing.
Were they? I had the impression that there was an (at least technically) independent organisation, FTX Foundation or FTX Philanthropy, that employed the FTX Future Found team. But of course this might very well be wrong. At least Will MacAskill, though, wasn’t an employee of FTX, he described his position as ‘unpaid advisor’ and his formal roles include being a Professor at Oxford University, trustee of CEA and Director of the Forethought Foundation.