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Comment on Ex-Alameda CEO Ellison Emerges as Central Figure at Bankman-Fried Trial

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A clear warning to never go into business with your boy/girlfriend. (Ellison in this case)

Business relationships need clear, rational boundaries or there will be hell to pay.

You are right that dating at work can lead to a lot of drama and should be avoided.

That being said, that was not the problem at FTX/Alemeda. The problem with FTX was it was a fraud. San Bankman-Fried speculated with customer money while lying about what he was doing. FTX explicitly stated it did not speculate with customer money on its web site.

But are you more likely to collude or perpuate a fraud with someone you are dating or close with ? Theranos is another fraud that, while a different situation, included dating between two high ranking members of the company .

That could indicate that these sorts of relationships help frauds grow which is part of the problem.

Or people who are prone to commiting fraud also hold less reservations about workplace romance.

But are you more likely to collude or perpetuate a fraud with someone you are dating or close with?

Of course!

(Just a reminder that 60% of adults have had a workplace romance.

In case some engineers were trying to optimize out that risk too, while wondering why they have difficulty meeting anyone.

You’re barely staying at these jobs for 18 months, don't worry about it failing and being awkward, it wont be for long)

There's not much point using parentheses if you're going to surround your entire post with them.

60%?

/me looks at wife and 1/10 of myself dubiously.

Citation needed

Oh of course, I'm not condoning his behaviour at all. That he (formally still allegedly) behaved like a crook seems clear.

Or, you know, do not steal billions from your customers.

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