[SheddingPattern]

Comparing what happened to FTX to a tiny leak in a gas tank due to a money saving measure by von Braun to balance the budget of the Apollo 11 mission, which results in a catastrophic failure and erroneously puts in question the ambition and mission to visit the moon and quantitative methods employed, is completely asinine.

This underplays what happened. FTX implosion appears to be due to fraud, lack of controls within the organisation and puts in question the judgement of the EA community, VCs, auditors, media.

The lessons to draw are not technical in nature. To continue the author's analogy: Wehrner von Brau as an individuap, construction and inspection procedures, or security culture at Nasa. They are instead fundamental. And would put in question all of NASA, the ecosystem (universities, suppliers), funders like the Congress and the president , and any oversight agencies.

If the what we've learnt so far is confirmed, then a Sequoia investment and its due diligence failed, trust in the EA community is undermined as it is not particularly ethical or rational.