FTX’s in-house performance coach claimed on Tuesday that the doomed Bahamas crypto firm’s headquarters is a “pretty tame place” — despite widespread speculation about its executives’ sex lives and alleged drug use.
Online gossip claiming the group lives in a “polycule” — or network of polyamorous relationships — surged after CoinDesk reported that the executives “are or have been linked in romantic relationships.” New York Post reports.
dr George K. Lerner, a psychiatrist, reportedly served as a therapist for disgraced FTX CEO Sam Bankman-Fried and as an advisor to many of the firm’s employees.
Mr Bankman-Fried and his ex-lover Caroline Ellison were reportedly part of a group of 10 running FTX and its sister cryptocurrency trading firm Alameda Research from a “luxury penthouse” in the Bahamas.
“It’s a pretty tame place,” said Dr. learner New York Times.
“The older ones mostly played chess and board games. It wasn’t celebrated. They were, if anything, subsexual.”
dr Lerner told the outlet he moved to the Bahamas in June, where he worked 32 hours a week as a consultant at FTX and also maintained a “small private practice.”
The performance coach claimed the FTX executives are workaholics with little social life.
“You’ve been working way too much,” he added.
“It would have been healthier if they had healthier dating relationships.”
The personal habits of Mr. Bankman-Fried and other executives are under scrutiny after reports that at least $1 billion in FTX client funds is still missing. FTX, Alameda Research and more than 100 subsidiaries filed for bankruptcy last week.
dr Lerner also addressed viral rumors of alleged stimulant use by FTX executives. Ms. Ellison, the CEO of Alameda Research, admitted to “regular use of amphetamines” in an April 2021 tweet, while Mr. Bankman-Fried has been open about his experimentation with Adderall and other stimulants.
Amphetamine can be prescribed under the brand name Adderall as a medication to treat Attention Deficit Hyperactivity Disorder (ADHD).
dr Lerner said that Times that while some FTX employees had prescriptions for ADHD medication, the “company ADHD rate was consistent with that of most tech companies.”
dr Lerner also admitted to writing prescriptions for FTX employees he treated as patients in his private practice, although he did not clarify which ones he prescribed.
tea post has dr Lerner, Mr. Bankman-Fried and FTX were asked for further comments.
In a separate interview with Vicesaid dr Lerner says he has served as a “coach” for “about 100 employees, including 20 to 40 on a semi-regular basis.”
In a September 15, 2019 tweet, Mr. Bankman-Fried, in reply to another Twitter user, described habits for optimized productivity. This user’s message has since been deleted, but Mr Bankman-Fried’s post is still online.
“Stimulants when you wake up, sleeping pills when you need them, when you sleep,” Mr Bankman-Fried tweeted.
“Pay attention to where your head is free: I often take naps in the office so my mind doesn’t leave work mode between shifts.”
dr Lerner’s connection to Mr Bankman-Fried first surfaced in a now-deleted profile posted on Sequoia Capital’s website last September, where he was identified as the ex-billionaire’s therapist. The investment giant was recently forced to zero the value of its investment in FTX.
That’s what the psychiatrist said New York Times that Mr. Bankman-Fried has a number of “nervous habits” such as B. “tapping his foot quickly” — something he appears to be doing in an October interview with Chuck Todd on MSNBC’s “Meet The Press Reports.”
During the interview, Mr. Bankman-Fried taps his foot so angrily that he appears to be shaking.
dr Lerner said Mr. Bankman-Fried uses a “fidget spinner” toy and also plays video games to relieve stress.
He also dismissed the possibility that Mr. Bankman-Fried knowingly engaged in wrongdoing.
“To be honest, I just can’t imagine it,” said Dr. Learner.
“I mean, I think maybe I should sit down with him and understand why. But I’m having trouble making that jump.”
This article originally appeared in the New York Post and is reproduced with permission
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