Sure he defrauded crypto-diehards out of their speculative bets, but to his bankrupted credit, Sam Bankman-Fried’s tastes in fashion appears to have taken a sharp turn for a more formal look as opposed to the possibly homeless crypto billionaire, definitely disheveled college frat boy look that helped him swindle millions of “investment” funds from deep-pocketed Silicon Valley financial geniuses.
I find it interesting that SBF can sit for interviews with countless media outlets and venture capital funds wearing nothing but a wrinkled t-shirt, shorts, flip-flops and a hairstyle right out of college finals week, but when police arrive at his doorstep so they can finally parade him as a handcuffed corporate felon in front of the countless paparazzi, Bankman-Fried opts to look like he just stepped off the set of a GQ photo-shoot. I’m sure the backstory will be one of many juicy parts of the upcoming FTX tell-all authored by an ex-employee.
It goes without saying that when the next investment cycle arrives (and it will arrive), young Ivy League dropouts fishing for millions in seed money for their humanity-changing startup will need to clean up their image with a nice (clean & pressed) shirt paired with a designer tie and fresh haircut in order to dupe the VCs out of millions. More than ever, there’s truth in the saying, the more things change, the more they stay the same.
Faisaling.com 
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