{"id":194426,"date":"2023-10-02T21:27:30","date_gmt":"2023-10-02T21:27:30","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194426"},"modified":"2023-10-02T21:27:30","modified_gmt":"2023-10-02T21:27:30","slug":"book-describes-sam-bankman-fried-with-little-attention-span-or-respect-for-appointments","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/book-describes-sam-bankman-fried-with-little-attention-span-or-respect-for-appointments\/","title":{"rendered":"Book describes Sam Bankman-Fried with little attention span or respect for appointments"},"content":{"rendered":"
Michael Lewis, author of The Big Short<\/em>, has painted an interesting picture of Sam Bankman-Fried (SBF) in his soon-to-be released book on the former FTX CEO.<\/p>\n In an excerpt of Going Infinite: The Rise and Fall of a New Tycoon<\/em> published in the Washington Post on Oct. 1, Lewis described several interactions Bankman-Fried had with the media and influential figures prior to the downfall of FTX and his criminal charges in the United States. According to the author, he would frequently play video games in the background of online interviews \u2014 his League of Legends exploits are well reported \u2014 often giving little attention to people including Vogue editor-in-chief Anna Wintour.<\/p>\n \u201cSam didn\u2019t want to seem rude,\u201d said Lewis on SBF\u2019s talk with Wintour. \u201cIt was just that he needed to be playing this other game at the same time as whatever game he had going in real life. His new social role as the world\u2019s most interesting new child billionaire required him to do all kinds of dumb stuff. He needed something, other than what he was expected to be thinking about, to occupy his mind.\u201d <\/p>\n Lewis added that Natalie Tien, who moved into the role of FTX\u2019s head of public relations and SBF\u2019s \u201cpersonal scheduler\u201d, said the former CEO cancelled many highly publicized appearances \u2014 often at the last minute \u2014 for seemingly no reason at all. The\u00a0Wintour interview reportedly led to FTX’s sponsorship and Bankman-Fried as a special guest at the\u00a0Met Gala, which he ended up snubbing.<\/p>\n \u201cSam treated everything on his schedule as optional,\u201d said the book. \u201cThe schedule was less a plan than a theory. When people asked Sam for his time, they assumed they\u2019d posed a yes or no question […] All he had done, when he said yes, was to assign some non-zero probability to the proposed use of his time. The dial would swing wildly as he calculated and recalculated the expected value of each commitment, right up until the moment he honored it or didn\u2019t.\u201d<\/p>\n Other in-person showings by Bankman-Fried included testifying before the U.S. House Financial Services Committee in December 2021 and meeting with Senator Mitch McConnell. The appearances marked some of the rare times SBF appeared in public wearing a suit\u00a0as opposed to his usual T-shirt and shorts \u2014 though social media users pointed to footage of the then CEO’s shoes slipped on without being tied at the hearing.<\/p>\n Related: <\/em><\/strong>Sam Bankman-Fried FTX trial \u2014 5 things you need to know<\/em><\/strong><\/p>\n It\u2019s unclear what other information will become available once the book is released on Oct. 3, the same day jury selection begins for SBF\u2019s criminal trial in New York. Amid the expected court proceedings, a slew of podcasts, news features, books, and other media have been released detailing aspects of Bankman-Fried\u2019s life before and after the downfall of FTX. A 60 Minutes <\/em>interview with Lewis revealed SBF had plans to pay off former U.S. President Donald Trump not to run for the office again based on the threat to elections and democracy as a whole. <\/p>\n On Oct. 4, Bankman-Fried will appear in a New York courtroom for the first day of his trial, scheduled to run through November. He will face 7 charges related to fraud at FTX and Alameda Research, for which he has pleaded not guilty.<\/p>\n Magazine: <\/em><\/strong>Can you trust crypto exchanges after the collapse of FTX?<\/em><\/strong><\/p>\n