Bankman-Fried was purportedly photographed sleeping peacefully on an Alaska Airlines flight from San Francisco International Airport to Newark last week.
The indignity of an erstwhile billionaire who has been reduced to taking flights on discount airlines was not lost on social media observers.
Bankman-Fried looked relaxed as he dozed off with Apple AirPods in his ears during the Alaska Airlines flight.“Life can change on you very fast. Just a few months ago this dude was held in high esteem…,” one Twitter user commented.Several Twitter commenters joked he was dreaming about his former flame Caroline Ellison, the ex-CEO of Bankman-Fried’s hedge fund Alameda Research.Bankman-Fried is alleged to have misappropriated customer funds to cover bets made by Alameda.
Ellison and another Bankman-Fried confidante, FTX co-founder Gary Wang, have pleaded guilty and are cooperating with federal prosecutors as they build a case against the former CEO of the crypto exchange. Bankman-Fried was told in Manhattan federal court last week that he could risk being thrown in jail if he doesn’t curtail his prolific internet habits.
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