The kid billionaire made his carefully cultivated dishevelment an advertisement for crypto — and himself. But now his image carries a different label: Fraudster.
A quick Google search proves that Bankman-Fried does, in fact, know how to tie his shoes; his sneakers are always properly knotted. So, it’s hard to believe that the dress shoe mishap is anything but continued strategic personal branding.
Unfortunately for past believers, the exorbitant returns on investment turned out to be a lie, which naturally calls into question the eccentricity and supposed brilliance. Bankman-Fried and his associates’ boy genius schtick turned out to be masking a litany of allegedly fraudulent behavior. His strategy for attracting investors.
“I drove through Union Square [in San Francisco] recently … and every corner was full of people in business attire,” said, a personal stylist and image-maker specializing in Silicon Valley. “I’ve never seen that in my entire life. I’ve seen it in New York, I’ve seen it in Europe, I’ve never seen it here.”
“[Real authenticity] is not rooted in a desire to be authentic,” said a founder in Silicon Valley who ignored investment queries from FTX. “When you see this [desire], you get people like Sam Bankman-Fried and Elizabeth Holmes, who become obsessed with their unique image as their primary asset.”
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