I recently wrote a post digesting my impression of what the SBF meltdown means for EA. I hadn't intended to post it here (I don't identify as an EA and this feels a bit like barging into a conversation) but an EA mutual suggested that I ought to, and that it would be welcome. I'm still not sure the tone is quite right for this forum, and my epistemic confidence isn't especially high, but on the off chance any of it's useful: here you are.
Quick summary: I think EA as a movement is extremely vulnerable to capture by individuals and organizations with very different value systems, but there are some things that might be done to at least mitigate this danger.
Good luck guys.
I think this is an awfully difficult problem to solve. A status-motivated donor has plenty of other causes that will give them status in exchange for their millions to billions. If you accept that many donors are significantly motivated by status, adopting policies to prevent them from using donations to improve status will make one's cause areas less competitive with other causes. Except in unusual circumstances, a specific charity or cause needs its donors a lot more than the donors need the cause/charity.
So my takeaway is grace for everyone who is trying to muddle through all the challenges of thinking through and managing donor risk as best they can.