criminal fraud charges — was integral to the mythology of FTX itself, the now-bankrupt crypto exchange once valued at a staggeringreputation as an unkempt wunderkind: a socially awkward, late-20-something genius who only ever wore shorts and t-shirts and had a penchant for sleeping on his office bean bag chair, all the while recruiting celebrities like
The alleged bean bag habit was a particular point of fascination, and was oft-referenced in support of SBF's apparent workaholism — a trait that other notable tech entrepreneurs, from Steve Jobs to Bill Gates to Elon Musk, have been said to share. Indeed, aOff camera, the detritus of someone who more or less lives at work litters his desk: crumpled bills from the US and Hong Kong, nine tubes of lip balm, a stick of deodorant, a 1.
The beanbag where his assistant says he sleeps most weekdays is so close he could practically roll onto it., SBF's former FTX colleague and old college roommate, Adam Yedidia, testified that SBF would take "occasional naps" on his Bahamian bean bag, "but not with much frequency." Et tu, bean bag?To be clear, Yedidia wasn't on the stand to specifically testify about bean bag sleeping arrangements.
"We were bulletproof last year," SBF allegedly told Yedida as the pair played summertime "padel tennis," — no, that'sserious accusation than the bean bag thing, though the sleeping arrangement allegation is fascinating all the same. After all, FTX built SBF as much as SBF built FTX. And as the genius myth of the young ex-billionaire continues to disintegrate, so too does our understanding of how the now-defunct exchange was ever worth so much in the first place.
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