You are giving the CEO
way too much credit. I followed the story from the beginning, and from the beginning it was clear he was lying through his teeth about what the technology was capable of. With his "my amazing technology is so advanced, I can't even secretly tell you how secretly we are secretly keeping the technology advances secret." Pure bullshit, and I'm glad to see someone like that fail.
Bullshitters erode the trust in the ecosystem that honest entrepreneurs rely on. (Yes, Elizabeth Holmes, I'm looking at you)