Media outlets, including SlashBeats, have also reported on John J. Ray III, the exchange’s new CEO, an insolvency expert tasked with sorting out the mess.
According to CoinDesk’s anonymous sources, Ellison and Bankman-Fried were romantically involved at various points during their working relationship.
SBF was “cagey” about details in his businesses, a habit that has since backfired. As of October 2021, she was co-CEO and sole owner.
Dragonfly’s money would only be accepted if it supported Alameda’s new cryptocurrency exchange, the nascent FTX. Pack stated: