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FTX’s In-House Performance Coach Is Just as Surprised as You Are



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Over the past week, Dr. Lerner has had a front-row seat to the implosion of Mr. Bankman-Fried’s empire. First, the dramatic collapse of FTX, which followed what was the equivalent of a bank run set off by a rival crypto exchange. Then, the revelations about a multibillion-dollar shortfall on FTX’s balance sheet, which reportedly stemmed from money it funneled to Alameda Research, a crypto hedge fund that was closely tied to FTX, and a mysterious hack that left more than $500 million missing from FTX’s coffers. And now, the many, many furious FTX customers, regulators and law enforcement officials who are demanding to know what happened, and where all the money went.Dr. Lerner declined to say whether he had talked to Mr. Bankman-Fried since the bankruptcy. He has been focused on helping FTX’s employees come to grips with what happened, he said.“I’ve been kind of hand-holding, making sure that people …

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