The world of philanthropy and politics is fighting a five-alarm fire right now. Because billions of dollars that were theoretically going to flow to lobbying operations, super PACs, scientists, newsrooms and data forecasters just went poof as Sam Bankman-Fried’s global crypto exchange, FTX, declares bankruptcy. The man who once said, only a little hyperbolically if you talk to the right people, that he could spend $1 billion on the 2024 election, who was dispensing hundreds of millions of dollars a year on his philanthropic giving, who seemed to hire the entire industry of donor-advisers, has gone up in flames. All that money, all those promises, have evaporated in what is possibly the fastest personal wealth extinction event in history.