by Robert Mass and Santiago Mejia
“Humility is the virtue of the man who knows he is not God.”
Andre Comte-Sponville
Watching the unfolding saga of Sam Bankman-Fried (SBF) and his insolvent FTX cryptocurrency exchange, we are reminded of what happens when a wealthy, brilliant, and wildly ambitious founder-CEO loses sight of his all-too-human limits. An MIT and Jane Street Capital alum, SBF arrived on the crypto scene carting impressive credentials. He won the respect of world leaders, crypto-curious celebrities, and cheerleading media who wrote gushingly about him as “the next JP Morgan.”