And its founder and CEO, 30-year-old Sam Bankman-Fried, was flying high, fashioning himself as a billionaire, major Democratic party donor and a philanthropist.
At the start of this year, Ye announced a collaboration-within-a-collaboration with the high fashion brand Balenciaga, whose creative director, Demna, is a close friend of his.
In the 2006 film version of The Devil Wears Prada, Miranda Priestly, played by Meryl Streep, scolds her unattractive assistant for imagining that high fashion doesn't affect her.