Bitcoin Policy Institute adds FTX liquidity and SBF details to its $665.9M FLI SHIB donation probe
DrTechlash · x · 2026-11-14
An updated investigation by the Bitcoin Policy Institute, visualized in a detailed timeline, traces how Vitalik Buterin's May 2021 SHIB donation turned into $665.9M for the Future of Life Institute: SBF solicited the gift to the FTX Foundation, listed SHIB on FTX, Alameda-linked wallets became SHIB's largest liquidity farmer, FLI transferred tokens in batches, and SHIB peaked in late October 2021 before falling 90% within a year.
New findings: FLI entered 2021 with just $2.4M in assets and used the proceeds to fund existing x-risk groups (MIRI) and create new ones (FLF, CARMA); SBF was directly involved in promoting SHIB trading; and key questions remain unanswered — "Who bought the tokens, at what prices, and on what terms remains undisclosed."
More from AGI Musings
- Many AI disagreements boil down to one question: is superintelligence real — binarybits · 2026-11-14
- Researchers banter: will human-generated pretraining data stay scarce? — DimitrisPapail · 2026-11-14
- Forecasting agents are the next frontier: RL on verifiable rewards, says ibab, worth $10k+/month — ibab · 2026-11-14
- Dev argues golden-age personal computing meets LLM agents for a new creative wave — jakedahn · 2026-11-14
- Biology has its own bitter lesson, argues Baym: raw intelligence hasn't cracked life yet — zakkohane · 2026-11-14
- Former AI practitioner: Without Jensen's GPU bet, AI might have been delayed years — BanghuaZ · 2026-11-14