Caroline Ellison has been sentenced to two years in jail for her role in the collapse of the cryptocurrency exchange FTX, which has been described as one of biggest financial frauds in US history.
Ellison was a top executive at the firm and is also the ex-girlfriend of its founder, Sam Bankman-Fried, who was sentenced to 25 years in prison for stealing $8bn (£6.3bn) from customers.
As part of a plea deal, Ellison admitted charges including wire fraud and money laundering, and testified against Bankman-Fried.
You are not kidding. I nearly forgot about this story and the absolutely gross and unethical sexual practice at work here. From the article linked earlier:
For those following along: if you browse the existing literature on poly practice, this uncompassionate practice doesn’t show up anywhere. These animals were using the “poly” term as a fig-leaf for their Lord of the Flies inspired, libertine, thunderdome-style non-monogamy. I’d even hesitate to call it a cult, only because it just seems so incredibly unstable as a concept. These are the people your polycule will warn you about.
No wonder these people fleeced others for billions. There’s having a skewed moral compass, and then there’s having a huge vacuum where a conscience and empathy should be.
So polyamory, but fascist
Yeah I’ve been practicing hierarchical poly for years, all of my current relationships began polyamorous. Hierarchical relationships are fine, it’s far more of a “her and I are on the ‘move in and marry’ path, and you have a husband and kids, our relationship is obviously the less important for both of us” type deal. Ranked competitive nonmonogamy is fucking insane. Like, it seems like an amazing way to make yourself absolutely fucking miserable and to deny yourself the comforts of love while pretending to be pursuing more of it.
I really can’t grasp how someone decides to do this