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Sam Bankman-Fried is known for T-shirts and cargo shorts. A defense lawyer explains why his glow-up matters to a jury

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How a defendant attire, whereas seemingly superficial, can play an important position in how they’re perceived, and it’s why a lot time goes into crafting outfits that match right into a protection crew’s technique.

Examples abound of defendants who’ve adjusted their appears to ship a sure message to a jury, together with pretend heiress Anna Sorokin, who modified out of her prison-issued brown uniform for a Miu Miu-designed black gown, and Elizabeth Holmes, who traded in her signature black turtlenecks for a light gray pantsuit and blue button-down shirt.

With Sam Bankman-Fried’s trial starting Tuesday, the disgraced T-shirt-donning crypto entrepreneur is already within the course of of adjusting his common look to (actually) go well with the event.

Final week, the FTX founder was granted permission from the court docket to put on “enterprise apparel clothes,” together with three fits (consisting of slacks and jackets), 4 gown shirts, three ties, one belt, 4 pairs of socks, two pairs of footwear, and “acceptable undergarments,” based on a court docket submitting.

In pre-trial appearances SBF ditched his common outfit and donned a go well with and tie, though he appeared visibly uncomfortable in formal apparel and has been fast to untuck his shirt after leaving court docket.

Whereas he could also be uncomfortable, felony protection legal professional Patrick Stangl mentioned SBF ought to gown in a approach that reveals respect for the court docket and the judicial course of.

“From the second that the jury sees you, they of their thoughts are making judgments about you. Now, in fact, they’ll solely make judgments based mostly on the proof, however, you understand, we’re all human beings,” Stangl informed Fortune.

Nonetheless, there could also be some benefit to sustaining a few of Bankman-Fried’s matted look, particularly if his protection facilities on him being unaware of any crimes dedicated, Stangl added. As a substitute of being overly inflexible, he ought to attempt to strike a stability between being respectful and genuine.

“Whereas I need my purchasers to decorate respectfully,” Stangl mentioned, “I don’t need them to decorate like one thing that they’re not, both.”

Earlier than Bankman-Fried was ever accused of any impropriety—he maintains that he’s harmless—the FTX founder adopted the style playbook of the early-2000s tech entrepreneur, particularly, minimalist T-shirt-heavy appears. Whereas for a time he was often known as the “white knight of crypto” most of the time he dressed like a serf, in an FTX-branded grey shirt, saggy cargo shorts, bunched up white socks, and a pair of straightforward sneakers.

Meta, previously Facebook, founder Zuckerberg was a trailblazer in popularizing the brand new tech employee uniform. Within the days main as much as Fb’s preliminary public providing in 2012, the then-27-year-old founder made waves for exhibiting as much as an investor assembly in a hoodie—a transfer that at the least one Wall Avenue analyst, Wedbush’s Michael Pachter, mentioned signaled his “immaturity,” based on a CNN article from the time. 

Bankman-Fried received an identical response from Wall Avenue and the media when his public profile began rising after founding FTX in 2019. However for SBF, the message was easy: “I’m so busy altering the world, I don’t have the time or vitality to care about how I look.” Though he was criticized by some, others had been fast to level to his outward look as an indication of his genius and dedication.

By the point he was arrested in December, Bankman-Fried’s signature look had taken on a complete completely different connotation. As a substitute of portraying him as an aloof savant, some mentioned the 31-year-old’s sense of favor confirmed the recklessness with which he approached his firm and funds—as apparently evidenced by the Justice Division’s cost that FTX was commingling customer funds with sister buying and selling agency Alameda Analysis.

Finally, his lack of style sense might come from ignorance or simply plain apathy, based on particulars revealed in a newly published excerpt from Michael Lewis’ upcoming guide on FTX, Going Infinite: The Rise and Fall of a New Tycoon.

Bankman-Fried seemingly struggled with the concept of what a proper outfit consisted of, based on Lewis. In July 2022, he forgot gown footwear and a belt to match the wrinkled, blue “D.C. suit” he deliberate to put on at a first-time assembly with Senate Minority Chief Mitch McConnell. And, though having little to do together with his appears, SBF might have dedicated a good larger fake pas when he angered style icon Anna Wintour by blowing off the Met Gala

As SBF’s trial grew nearer, ex-convict Martin Shkreli mentioned in a publish on X that Bankman-Fried had already made at the least one delicate contact as much as his look: he cut his hair.



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