Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Is FTX’s founder a League of Legends genius? (No.)
One of the funniest parts of this week’s FTX meltdown was learning that CEO Sam Bankman-Fried apparently blew investors’ minds by playing League of Legends during a meeting.
It was first reported as a bit of gee-whiz startup mythmaking, and in the tradition of Kyle Orland’s brilliant investigation into Travis Kalanick’s Wii Tennis prowess, FT does the vital job of puncturing it by running down his actual history with the game. Turns out he’s a middling-to-bad player and doesn’t really deny it — which is fair! But maybe not a sign of unique genius.
Sam Bankman-Fried is not very good at League of Legends
[Financial Times]
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