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As observers attempt to make sense of the continued, mind-boggling collapse of crypto change FTX, particulars in regards to the once-dominant firm’s management’s unconventional inner practices and beliefs have begun to emerge.
Former Alameda Analysis CEO Caroline Ellison, Bankman-on-again, Fried’s off-again ex-girlfriend, and a weird Tumblr weblog that she seems to have maintained for years, stand out.
FTX’s founder and CEO, Sam Bankman-Fried, lived in a $30 million penthouse in The Bahamas with 9 different colleagues till this week. In response to Coindesk, the vast majority of high-level selections pertaining to the operation of $32 billion change FTX and its sister buying and selling agency Alameda Analysis have been made by these ten roommates, who have been reportedly romantically or sexually concerned with each other at one time.
The group was described as a “polycule,” which is a romantic community of a number of individuals linked by overlapping sexual relationships.
Alameda, an ostensibly separate buying and selling entity from FTX, allegedly siphoned billions of {dollars} from FTX buyer accounts with out the customers’ data. A report printed on Monday revealed that the agency might have engaged within the unlawful observe of frontrunning by making funding selections based mostly on insider data of upcoming token launches on FTX’s buying and selling platform.
Now, particulars from an Ellison-linked weblog are shedding gentle on the previous Alameda CEO’s private beliefs and world philosophy—one formed by hardline views on polyamory and sexual competitors, a fascination with race science, and a perception within the pure synergy between crypto and fraud.
The Tumblr account, which was energetic from 2014 till it was deleted on Sunday, was referred to as “Faux Charity Nerd Woman” and had the deal with “worldoptimization.” The writer’s private particulars revealed over the account’s eight years of exercise, together with academic historical past, skilled historical past, and residing historical past, correspond completely with Ellison’s biography. Moreover, when the account’s creator introduced the creation of a Twitter account in March 2021, they linked to Ellison’s Twitter web page, which was additionally created that month.
Not a crypto buying and selling genius, however a ‘polyamory’ professional
The Ellison-linked Tumblr account sheds some gentle on the attainable sexual dynamics at work in FTX’s live-in headquarters.
“Once I first began my first foray into poly, I considered it as a radical break from my trad previous,” Ellison’s account wrote in February 2020, two years into his tenure at Alameda Analysis. “However, to be trustworthy, I’ve come to consider that the one acceptable type of poly is one thing akin to ‘imperial Chinese language harem.”
The story went on to elucidate how a polyamorous relationship ought to ideally operate as a cutthroat market of sexual competitors and subjugation.
“None of this non-hierarchical nonsense,” the account continued. “Everybody ought to rank their companions, everybody ought to know the place they rank, and there needs to be vicious energy struggles for the ranks.”
Caroline additionally confirmed that FTX was a poly relationship. Sure, the orgies have been actual. pic.twitter.com/pewxtREf7j
— honky 🌐 (@0xHonky) November 13, 2022
The writer’s fascination with intercourse and energy dynamics was evident all through the account. The writer said in one other put up that two key traits of a “cute boy” are “controlling most main world governments” and “enough power to bodily overpower you.”
The account linked to Ellison additionally confirmed a powerful curiosity in “hbd,” or “human biodiversity,” a web-based euphemism for the discredited fields of race science and eugenics popularized by the alt-right.
Ellison has been vocal about her Harry Potter obsession for years. Her affiliated Tumblr account linked her love of on-line character quizzes to her desire for categorizing Indians by caste, which she assumed indicated genetic distinction.
“I really feel like part of me that’s thinking about HBD is similar a part of me that’s thinking about character sorts and ‘which character are you’ quizzes,” the account wrote. “There’s a stereotype amongst racists that any East Asian individual speaks Chinese language or one thing.” I recognize that HBD persons are the polar reverse of that, and can mock you for referring to ‘Indians’ with out mentioning province or caste as a result of, come on, the genetic variations are large.”
that is caroline ellison’s tumblr – the alameda ceo. we like to see a jewish kween stan indian race science. pic.twitter.com/axPNgDJ4Fs
— nikhilesh guruprasad (@excedrinenjoyer) November 13, 2022
The put up did embrace a “offensive, sorry” content material warning, in addition to the hashtag “#racism.”
Over the historical past of white supremacy, Indian caste—a socially engineered and arbitrary sorting of India’s inhabitants accelerated throughout Britain’s brutal colonization of India—has lengthy been falsely equated with race and genetics. Caste was strongly linked to pores and skin coloration in India, significantly beneath the British. The Nazis believed that Aryans have been as soon as the lightest-skinned Indians. Hitler dispatched a Nazi expedition to analyze the Himalayan web site of historical Indus Valley civilizations because the origin of the Aryan race in 1939.
Ellison’s related Tumblr account seemed to be equally fascinated with the function of Indus Valley civilizations within the historical past of alleged genetic variations amongst Indians. The writer printed quite a few e-book evaluations on the topic.
Not the largest crypto fan
Nevertheless, posts by the account shedding gentle on its writer’s impressions of the crypto area might have been of probably the most direct relevance to final week’s occasions.
“I didn’t get into this as a real believer in crypto,” the Ellison-linked account wrote in March. “Once you get all the way down to it, it’s largely scams and memes.”
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