If we needed any more reason to believe that FTX and Alameda Research were run by a bunch of egomaniacal children, we have it.
If your head hurts, so does ours, according to a report.
Bankman- Fried took to social media to deny the allegations.
"If this is true, then I wasn't a part of that inner circle," SBF wrote. I have never heard of a group like that.
He was taken into custody in the Bahamas just hours later.
Ellison, who was said to be SBF's on-and-off girlfriend, joked about having a section on wire fraud on her internet dating profile.
The children of SBF and Ellison suffer in one way or another from being online. Bankman-Fried has seemingly been unable to quiet his thumbs in the month since his exchange collapsed; Ellison, on the other hand, has risen to infamy.
It's a bit like having a murder weapon in your house. FTX's aftermath was hard and fast, and just before their alleged house of cards collapsed, these young executives were at the top of the world. It is easy to flirt with getting caught when you feel like you are invulnerable.
The inner circle of FTX had a secret chat group.
Sam Bankman- Fried is facing criminal charges in the United States.