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I finally got hold of the government exhibit that SBF's lawyers worried prosecutors were using just to "show that he’s some sort of crazy person"

mollywhite.net/storage/sbf-tri

#FTX#SBF#crypto

The document was to try to iron out a bad relationship between Alameda Research (trading firm with his ex-girlfriend Caroline Ellison as CEO) and Modulo Capital (trading firm co-founded by his ex-girlfriend Xiaoyun "Lily" Zhang).

Can't imagine why things were strained.

#FTX#SBF#crypto
Molly White

SBF had invested at least $400 million in Modulo Capital, against Ellison's wishes, and at later points spoke of wanting to shut down Alameda and have Modulo replace Alameda's role on FTX.

#FTX#SBF#crypto

The shutdown didn't happen at least in part because Gary Wang pointed out he couldn't just shut down a firm that had borrowed billions of dollars in FTX customer funds.

This may be the "logistical/etc. reasons not to merge Alameda and Modulo" that SBF refers to in this document.

#FTX#SBF#crypto

@molly0xfff This is all going to boil down to....he wanted a threesome with his current and ex girlfriends "for the greater good" or something, isn't it?
"Collapse the wave function dudes *hits bong"

@Lazarou @molly0xfff "I tell you what I'd do with Effective Altruism..."

@molly0xfff Holy crap.

> And everyone has to agree that this has been done correctly

So, if you all just STFU and drink my kool aid....

😳

@molly0xfff I’m kind of curious what he thinks a wave function is.

@molly0xfff That list has pretty good "All work and no play makes SBF a dull boy" energy.

@dave_andersen
...except with Patrick Bateman instead of Jack Torrance.
@molly0xfff