The more we learn about former FTX CEO and found Sam Bankman-Fried, the less sorry we feel for the celebrities and others caught up in his web of BS and crypto nonsense that led to his personal and professional ruin.
In a new interview, the oddball progressive who cut massive checks for Democratic candidates during the mid-term elections basically admitted that his professed ethics were an act. A direct quote attributed to him is that ethics are a “dumb game we woke westerners play.”
Bankman-Fried became a billionaire on paper during his reign as CEO of FTX, but now a paperboy who delivers the Chicago Sun-Times in suburban Chi-Town has a more promising professional future and higher net worth.
He’s hiding out in the Bahamas as everyone connected to him in the U.S. tries to wash off the stench of his association, including celebrity endorsers facing class action suits from lawyers looking for a quick kill.
Kelly Piper of Vox interviewed the disgraced Bankman-Fried through Twitter direct messages. He opened up his limited mind on his thoughts on crypto in general and how he interprets ethics.
Piper baited him with this question; “So the ethics stuff – mostly a front? People will like you if you win and hate you if you lose and that’s how it all really works?”
He lunged at the hook like a hungry shark on a hunger strike who came across a bucket of chum in the Pacific.
“Yeah, I mean, that’s not all of it, but it’s a lot.”
What a global visionary. Piper tweeted back about him being good at talking about ethics even though he treated the system as a game with actual “winners and losers” in it.
His response was priceless.
“It’s what reputations are made of, to some extent…I feel bad for those who get f—ed by it. [B]y this dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.”
He purchased naming rights for the Miami Heat Arena, but the FTX letters have already been torn down. People who once sang his praises are running from him as fast as they can.
Unfortunately for the fawning press, who loved his uber-liberal politics and treated him like a curly-haired boy wonder, their glowing stories live on. The New York Times could not have been more impressed with him this past May, writing about how he lived modestly for a billionaire. The Times also trumpeted his generosity for pledging to give away his fortune, which was $21.2 billion at the time.
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