of Crypto Exchange FTX Implosion It’s been collecting headlines all weekend, but we’re just beginning to unravel the mystery of the biggest person at the heart of it all.
While FTX founder and CEO Sam Bankman-Fried has made headlines for his ongoing debacle, Caroline Ellison, CEO of FTX sister company Alameda Research, said: Suspected use of FTX customer funds It was for the deal that led to the whole meltdown which is now garnering a great deal of interest as well.
according to To CoinDesk, Ellison was romantically involved with Bankman Fried while they and eight others in the company’s orbit lived together in a house in the Bahamas. The other eight were all “in pairs,” the report notes, but it’s unclear how those relationships were structured and whether they were monogamous. widespread speculation The group may have been involved in some kind of polyamorous relationship while building a now-defunct crypto empire.
I can’t prove that any of that is true, but I can say with some certainty that I found Ellison’s Tumblr blog.
A blog that has since been deleted with the handle ‘worldoptimization’ still Accessible from Wayback Machine – Link to Ellison’s real Twitter account Back in March 2021. The timestamp of the Tumblr post and the month her Twitter was created appear to match. So if this is a sham, it means it’s a very dedicated one, started by scammers before this current scandal, and even before Ellison became. CEO.
If Tumblr is legitimate (which seems overwhelmingly likely), it contains a large number of posts that look weird, objectionable, or downright disgusting.She’s probably the goofiest of these A list of attractive traits in men.among others, include “controlling most major world governments” and “sufficient power to overwhelm you physically”.
The account also repeatedly mentioned polyamory.of 1 post It describes a situation like “harem” that lends credence to the claims of the “FTX polycul”.
“When I first started my foray into poly, I thought it was a radical departure from my tradional past, but the only acceptable style of poly was ‘imperial Chinese harem’.” I have come to determine that it is best characterized as something like it reads. None of this non-hierarchical bullshit. Everyone should have a ranking of partners, people should know where they fall in the rankings, vicious power struggles for higher ranks There should be.”
Let me be clear, there is nothing wrong with polyamory as many people practice it in a fulfilling and ethical way.
But dating colleagues, especially subordinates or people you have financial clout with, is rarely a good idea.
And the way Ellison’s obvious explanation explains the dynamic, even if it’s a misfired attempt at jokes, sounds very toxic. A vicious power struggle in a relationship?
Judging by FTX’s spectacular implosion a ruckus that shook the foundations of the entire cryptocurrency market and affected essentially everyone who invested in the space whatever style of relationship dominated this particular workplace. , it is clear that they did not end well.
One thing is for sure, this story continues to surprise us. I hope it doesn’t give the wider polyamory community a bad name.
FTX fiasco details: The FTX Collapse Is So Bad That Even The Bahamas Are Under Investigation