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He stepped down from the position of CEO after his company FTX filed for bankruptcy.

Earlier in the spring, effective altruism believer Sam Bankman-Fried (SBF) was worth $26 billion. As crypto prices dropped, so did SBF’s fortune. However, the turn of events in the past week has meant that the billionaire’s riches have evaporated entirely, leaving him with nothing, just like those who invested in his company, FTX, CNN.


Getty Images.

SBF’s fall came even faster and a week after the founder of FTX alleged that competitors were having a go at his crypto exchange, the venture formally declared bankruptcy. As the tables turned on FTX, all that was wrong with the company came out in the open.

German-based technology company Continental Automotive claims to have secured its first significant order in the third quarter for its semi-dry brake system called ‘Future Brake System’ (FBS).

The mass manufacture of its semi-dry brake system (also known as FBS 2) is claimed to be worth approximately €1.5 billion (U.S. $1.55 billion), the company declared in a press release on Wednesday.

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As we reach out to explore the stars, could we find our explorers getting lost on new worlds, inhabited or otherwise. What should we do if stranded on an Alien World?

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Credits:
Stranded On An Alien World.
Science & Futurism with Isaac Arthur.
Episode 368a, November 13, 2022
Written, Produced & Narrated by Isaac Arthur.

Editors:
David McFarlane.

Cover Art: