‘Save the world’ is a racket; stop falling for it

Sam Bankman-Fried, founder of colossally failed cryptocurrency platform FTX, is just the latest swindler to parlay grandiose aspirations into a scam that goes down in flames and takes other people’s money with it. Bankman-Fried (who goes by “SBF”) set records in that department; he is said to have lost up to $51 billion. SBF claimed to be a devotee of “effective altruism,” a philosophy that…