玉观音

FTX founder Sam Bankman-Fried didn't think rules applied to him, ex-girlfriend says_我的网站

A | FTX founder Sam Bankman-Fried believed in utilitarianism and thought rules against lying or stealing inhibited his ability to maximize the greatest benefit for the most people, his former girlfriend and co-worker testified Wednesday at his federal fraud trial."He didn't think rules like 'don't lie' or 'don't steal' fit into that framework," Caroline Ellison, Bankman-Fried's on-again, off-again girlfriend, said.She said Bankman-Fried's belief caused her to accept behavior she recognized as wrong."I think it made me more willing to do things like lie or steal over time. When I started working at Alameda, I don't think I would have believed if you told me I would be sending false balance sheets or taking customer money," Ellison, who served as CEO of Alameda Research, said. "Over time it became something I was more comfortable with."Bankman-Fried faces seven counts of fraud, conspiracy and money laundering centered on his alleged use of customer deposits on the crypto trading platform FTX to cover losses at his hedge fund, Alameda Research, and to buy lavish real estate, among other personal expenses.On the witness stand for a second day Wednesday, Ellison walked the jury through Alameda balance sheets which, by October 2022, showed Bankman-Fried's private hedge fund owed FTX customers nearly $14 billion."We had a lot of risk on and we owed a lot of money to FTX customers," Ellison said. "We had no way to repay it."She said Bankman-Fried thought about trying to raise money from Mohammed bin Salman, the Saudi crown prince, or by selling shares in FTX, which would collapse in bankruptcy the following month, in November 2022."I was in a state of dread. I was thinking, worrying, imagining every day what would happen if people tried to withdraw too much money at one time," she said. "I was imagining all the FTX customers who we worked with who would get hurt by this."To shore up Alameda's precarious financial position Bankman-Fried told Ellison to repay Alameda's loans with money it borrowed surreptitiously from FTX customers, she testified Wednesday."He directed me to continue repaying Alameda's loans," Ellison said."How?" prosecutor Danielle Sassoon asked."By taking money from FTX customer funds," she replied.When Sassoon asked her if she knew it was wrong, Ellison replied, "Yeah I thought it was wrong," but continued to do it because "Sam told me to."By that point, Alameda had taken about $10 billion from FTX and Ellison said she worried its lender, Genesis, would find out."We had been borrowing increasing amounts of money from FTX customers and I didn't want Genesis to know that," Ellison said. "I didn't want Genesis or others to know that Alameda was borrowing a lot of money from FTX."Ellison said Bankman-Fried cautioned her against putting anything in writing, once telling her, "Anything we put on Slack should be something we're comfortable seeing in The New York Times."Ellison also described a "large bribe to Chinese government officials to get some of our trading accounts unlocked." Alameda had two trading accounts worth about a billion dollars on exchanges based in China, which were both frozen in 2021 as part of a Chinese government investigation into money laundering.It was a substantial amount of Alameda's trading capital at the time and Ellison accused Bankman-Fried of saying "that we should send the cryptocurrency transfers" equaling about $100 million.。特斯拉（TSLA.US）于北京时间7月23日凌晨发布2026年第二季度财报，整体业绩承压（EPS不及预期，自由现金流转负），但Optimus人形机器人的产业化进展成为本次更新中最具边际变化的方向。弗里蒙特工厂原Model S/X产线已停用，首代Optimus专用产线正在安装，目标年产100万台；得州超级工厂Optimus机器人基地进入主体建设阶段，目标年产能1000万台。

B | 官方文件已将两地产线标记为建设阶段，Optimus从产品验证正式迈入产线落地与投产倒计时。特斯拉7月22日收报374.01美元，下跌1.30%，盘后再跌4.13%至358.55美元。

C | A股方面，7月23日机器人板块开盘承压，机器人ETF易方达（159530）盘中跌约1.15%，绿的谐波（688017.SH）、拓普集团（601689.SH）、三花智控（002050.SZ）等核心零部件标的同步走弱。

D | 一、Optimus产线落地：从愿景到制造的实质性跨越弗里蒙特工厂的产线切换是本次更新的核心信号。原Model S/X产线停用并转为Optimus专用产线，意味着特斯拉已经将机器人从研发项目提升为正式制造项目，产线资源的重新分配反映了公司层面对机器人业务的优先级判断。

E | 得州超级工厂的Optimus基地同步进入主体建设，目标年产能1000万台，这一规模目标远超当前任何单一工业机器人厂商的产能规划，体现了特斯拉对机器人市场的长期押注。

F | 首批机器人将进入Optimus Academy（ASO.US），主要用于训练数据采集和功能开发。数采是这批机器人的首要应用场景，通过人类示范、互联网数据和机器人自主练习的结合，以强化学习推动通用任务能力的迭代。这一数据飞轮的设计思路与特斯拉在自动驾驶领域的积累一脉相承。

G | 二、制造-数据-芯片-供应链：系统性闭环初步形成马斯克在财报电话会上将Optimus称为特斯拉有史以来规模最大的产品，并坦承量产初期将经历又平又长的S曲线，因为零部件新、现成供应链少。但零部件供应链的订单有望提前看到，这意味着上游企业将率先受益于量产准备期的备货需求。芯片方面，特斯拉AI5计划首先用于Optimus，Grok将承担Optimus的任务调度和语音交互。特斯拉在自动驾驶领域积累的AI芯片和算法能力正在向机器人领域迁移，形成技术复用和成本分摊。供应链层面，三星、台积电（TSM.US）、美光、松下等合作伙伴已通过晶圆厂产能、存储配额和电池产能投入提供支持，Optimus的供应链体系正在从零开始构建。三、投资逻辑切换：从事件驱动走向产业验证人形机器人板块的投资逻辑正在发生本质变化。此前板块的核心驱动力（920275.BJ）是特斯拉AI Day、样机演示等事件性催化，股价表现为短期脉冲式波动。随着Optimus进入产线建设阶段，决定板块持续性的变量转向产线建设进度、灵巧手与执行器可靠性、以及首批机器人在工厂和Optimus Academy中的训练效果。这一切换意味着，板块的投资机会将从宽泛的概念炒作收敛到真正有订单、有产能、有技术壁垒的零部件环节。减速器、灵巧手、丝杠、电机等核心零部件的国产供应商，有望在特斯拉供应链订单落地和国内人形机器人产业链跟进的共振中获得双重催化。四、核心标的逐一拆解绿的谐波（688017）7月23日盘中报311.00元，下跌1.80%。公司是国内谐波减速器龙头，产品已进入国内外主要机器人厂商供应链。谐波减速器是人形机器人关节的核心零部件，单台人形机器人用量远高于工业机器人，绿的谐波在产能规模和产品精度方面的领先地位使其成为机器人产业链中确定性较强的受益标的。

H | 拓普集团（601689）7月23日盘中报47.42元，下跌4.18%。

I | 公司在汽车底盘和热管理领域积累的精密制造能力正向机器人执行器延伸，已布局机器人直线执行器和旋转执行器产线。公司较早切入特斯拉供应链，与特斯拉在机器人领域的合作具备客户关系的先发优势。三花智控（002050）7月23日盘中报37.09元，下跌3.31%。公司是全球制冷控制元器件龙头，在机电执行器领域的技术积累使其具备向机器人关节模组延伸的能力。

J | 公司在精密制造和规模化量产方面的经验，是人形机器人零部件供应商的核心竞争力之一。鸣志电器（603728.SH）7月23日盘中报48.42元，下跌1.30%。公司在控制电机及其驱动系统领域深耕多年，空心杯电机产品已应用于机器人灵巧手。灵巧手是人形机器人中技术壁垒最高的零部件之一，对电机的体积、精度和响应速度要求极高。

K | 贝斯特（300580.SZ）7月23日盘中报19.06元，下跌1.45%。公司在精密零部件和自动化装备领域有深厚积累，滚柱丝杠等产品正向机器人领域拓展。丝杠是机器人直线执行器的核心传动部件，国产替代空间较大。五、关注思路特斯拉Optimus从样机演示走向产线建设，标志着人形机器人产业正在从零到一的阶段跨越。这一进程将沿三条逻辑向A股传导：一是核心零部件（减速器、丝杠、电机、传感器）率先受益于量产备货需求；二是具备特斯拉供应链经验的零部件厂商具备客户关系先发优势；三是国内人形机器人产业链的跟进将为国产供应商创造第二增长曲线。机器人ETF易方达（159530）跟踪国证机器人产业指数，是全市场规模最大的机器人主题ETF，指数中人形机器人含量超过90%，前十大权重股全部为人形机器人产业链公司，覆盖减速器、灵巧手、丝杠、电机等核心零部件环节。7月23日盘中该ETF报1.290元，较前一交易日下跌约1.15%，在科技板块整体承压背景下跟随调整。