A new interview with Sam Bankman-Fried is most revealing in showing how he's been able to craft his persona, particularly through the media, and how political donations played a major role in that
to Vox reporter Kelsey Piper that was instrumental in tearing down the altruistic image of himself that he had projected for years. The scope of the call is fairly shallow — Fong says she’s not a journalist, and this was her “first time interviewing literally anyone, ever” — and she told anotherthat portions had been cut at Bankman-Fried’s request.
The interview is most revealing in showing how Bankman-Fried has been able to craft his persona, particularly through the media, and how political donations played a major role in that. Bankman-Fried became well known as the second-largest donor to Democrats prior to the 2022 election, behind George Soros. But he says he donated about equally to Republicans, just using dark-money groups that obscure the source of that funding.
Still, Bankman-Fried largely controls the interview. At one point, Fong asks him about the alleged “back door” that his top lieutenant, Gary Wang, is reported to have programmed into FTX’s code, allowing Bankman-Fried’s hedge fund, Alameda Research, to quietly trade with customer funds. She mischaracterizes the Reuters story that broke that news and asks Bankman-Fried about personally building that feature, allowing him to deny that he coded it — something he was never accused of.
There is a classic PR strategy of parsing out small and relatively benign details — for example, unverifiable assertions about donating to Republicans — as a way of obfuscating a much larger and more dangerous matter.is, in Bankman-Fried’s own words, the “boring story” that no one wants to talk about — but, of course, that isn’t true. It is the question at the heart of whether prosecutors can prove an intent to defraud potentially more than a million depositors and investors.
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