Crypto swingman Sam Bankman-Fried (SBF) presided over the FTX exchange at the time of its collapse, allegedly sinking $32 billion in user funds. While the contours of the fall are yet to settle, FTX’s catastrophic collapse has set off massive contagion in the crypto ecosystem.
Spotlight has now extended from SBF to Ellison, who authorized risky bets with customer funds as co-CEO of FTX’s sister firm, Alameda. Bankman-Fried and Ellison had much more in common than prodigious MIT nerdery.
SBF recently confessed to a boardroom romance with Ellison in the New York Times, saying they were no longer together. A Tumblr post by Ellison, while potentially sarcastic, says her experience of polyamory convinced her “everyone should have a ranking of their partners.”
She believes that “people should know where they fall on the ranking, and there should be vicious power struggles for the higher ranks.”
