FTX Founder Samuel Bankman-Fried Was Seen Playing League of Legends Following Recent Bankruptcy – or Was He?
If you’ve been on Twitter over the last week, you might have seen this tweet pop up on your feed.
wtf he just played a league game pic.twitter.com/7Ig5c2Go2N
— CL (@CL207) November 10, 2022
For those who don’t know, no, sambf is not a League of Legends player. Instead, the sambf in question here is pointed out to be Sam Bankman-Fried. Yes, the same Sam Bankman-Fried or SBF in short behind the crypto exchange FTX, which recently filed for bankruptcy.
The viral tweet has caused quite the chaos for SBF, as Twitterati slewed the FTX founder for playing Riot’s popular title, just a couple of days before filing for bankruptcy.
But if you take a closer look at sambf’s LoL profile, you will realize there’s a lot of discrepancies, which includes the fact that he’s a 0.0001% player. Soon enough, the truth came out that it was a doctored profile, and in reality, it was actually the stats of C2 Meteos aka Tomio from Evil Geniuses Academy.
However, there is a big reason why SBF has been associated with League of Legends, and it dates back to him giving a pitch meeting to Sequioa Capital.
According to a Financial Times report on the matter, the California-based venture capital fund shared a now-deleted profile on SBF, which included details about the former billionaire meeting up with the partners of Sequioa for the first time in a Zoom call.
During the call, SBF was asked about FTX’s long-term vision to which he replied:
However, the biggest revelation of the call came from FTX’s Head of Product, Ramnik Arora, who sat ten feet away from SBF. After being heavily impressed by the FTX CEO’s answer, Ramnik revealed that he looked over to find SBF in the middle of a gank in League of Legends, while taking part in the pitch meeting with Sequioa.
In the end, the pitch meeting was successful, as Sequioa later invested nearly $200 in Series B and Series B-1 rounds at a valuation of $1 billion and $24.6 billion.
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