You can’t make this up.
in case we need it none Here are more reasons to believe that bankrupt crypto exchange FTX, which together left a billion-dollar gap in investors’ bank accounts, and Alameda Research, the hedge fund affiliated with also bankrupt FTX, is actually run by a bunch of egomaniacal kids: Australian Financial Review claims that former FTX CEO Sam Bankman-Fried and former Alameda CEO Caroline Ellison are in a secret group chat called “Wirefraud”.
If you have a headache, ours will too. AFR Chat, including FTX co-founder Zixiao “Gary” Wang and senior software engineer Nishad Singh, both may now be in hiding – reportedly on Signal, an encrypted messaging app.
After a short time AFR story dropped, Bankman-Fried took to Twitter to refute the allegations.
“If that’s true, then I wasn’t a member of that inner circle,” the SBF said. Wrote In the Monday tweet. “I’m pretty sure that’s totally wrong; I’ve never heard of such a band.”
Just hours later, he was arrested in the Bahamas under US charges.
Online as Terminal
This alleged group chat is thought to be a joke given that Ellison, who is also said to be SBF’s occasional girlfriend, joked about having a “section about wire fraud” on his online dating profile. to do Looks pretty on brand.
These guys – or at least just SBF and Ellison – suffer in one way or another from being terminally online (as is the case with most of the crypto industry). Much against her lawyer’s will, Bankman-Fried hasn’t been able to shut her happy fingers off Twitter in the month since her stock market crashed; Ellison, on the other hand, got a bad rap as the #1 Tumblr Girl in the crypto world, and wrote on her blog, among other things, that “controlling the biggest world governments” makes men attractive.
Having a group chat called “Wirefraud” is somewhat similar to having a box labeled “murder weapon” in your home. It’s almost unbelievably crazy, but nevertheless, it’s worth remembering: FTX’s fallout was hard and fast, and just before their so-called paper houses collapsed, these young executives were on the absolute top of the world. And when you’re feeling invincible, flirting with getting caught is easy and possibly a little refreshing.
READ MORE: FTX’s inner circle had a secret chat group called ‘Wirefraud’. [Australian Financial Review]
More on FTX: Sam Bankman-Fried Arrested in Bahamas, Facing US Charges