Disgraced Alameda Research CEO Caroline Ellison wrote graphic blog posts about polyamory and masochism before her FTX-linked cryptocurrency hedge fund imploded.
Ellison, who dated FTX founder Sam Bankman-Fried, candidly wrote about “attacking poly” on her now-deleted Tumblr account in February 2020, according to the Daily Mail.
The post — along with a number of other sexist entries — was revealed by the tabloid days after CoinDesk claimed Ellison, 28, and Bankman-Fried, 30, were part of a 10-person “roommate” who ran FTX operations. and Alameda from a luxury penthouse in the Bahamas. CoinDesk claimed the group “are or have been romantically involved with each other.”
“When I first started doing poly, I thought of it as a radical break from my past,” Ellison allegedly wrote on her Tumblr. “However, I have decided that the only acceptable style of poly is best characterized as ‘Imperial Chinese Harem.’ “
The Stanford graduate continued: “None of these non-hierarchical bulls – t; everyone should have a ranking of their partners, people should know where they fall in the rankings, and there should be brutal power struggles for higher ranks.”
It is unclear whether Ellison was in a very loving relationship with Bankman-Fried. The crypto sibling recently confirmed that they have split after an unknown period of dating.
The Post attempted to reach Bankman-Fried for comment. Attempts to reach Ellison were unsuccessful.
Meanwhile, Ellison has made several other posts about her sexual desires on Tumblr.
“I’m less of a hedonist and more of a masochist. “I really enjoy doing things that are difficult, unpleasant, physically taxing or emotionally painful,” the bold CEO wrote in a post.
In a separate entry, he declares that growing up in the 21st century isn’t a good time for sex, quipping: “Born too late to have ten kids, too early for four-size bootleg orgies.”
And in another post, she listed what she considered “sweet” for men, including “power enough to win you over” and “control of most of the world’s governments.”
The Tumblr account also contained notes where Ellison expressed his views on financial matters.
“I didn’t go into this business as a true believer in cryptocurrency. When you get down to it, it’s mostly hoaxes and memes,” the Daily Mail quoted him as saying in a post.
Regarding the 2008 financial collapse, he said: “I can’t think of anyone who made me go, ‘yeah, what that person did must be illegal and should result in a long prison term.'”
He added: “I think people’s first instinct towards these things is like, ‘a bunch of bad things happened, we should make it all illegal so it doesn’t happen again’, the problem is really a complicated mess. It’s more than just bad people doing bad things. , a bit of misaligned incentives and human error.
After the recent collapse of FTX and Alameda Research, blog posts take on new meaning.
Bankman-Fried, who is believed to be hiding in the Bahamas, appears to have blamed Ellison for the cryptocurrency debacle.
The disgraced cryptocurrency sibling is under intense pressure to address its decision to spend $10 billion in FTX client funds to support Alameda. At least $1 billion of this money is still missing from the customer base.
In an interview with Vox’s Kelsey Piper on Wednesday, Bankman-Fried said she believes Alameda — and, by extension, CEO Ellison — “have enough collateral” to cover their client investments.
Ellison, FTX and Alameda have not spoken publicly since filing for Chapter 11 bankruptcy last week.
Meanwhile, he hit the headlines in April 2021 for talking about his “regular amphetamine use” on Twitter.