\begin{align*} 1&>e^{-4\pi^2} \\ &= e^{(2\pi i)(2\pi i)} \\ &= (e^{2\pi i})^{2\pi i} \tag{$\ast$} \\ &= 1^{2\pi i}\\ &= 1 \end{align*}
The problem with this fake proof is that if we considered the principal branch of logarithm, $\operatorname{Log}$:
$$\large(e^{2\pi i})^{2\pi i}=e^{\operatorname{Log}(e^{2\pi i})2 \pi i}= e^{(\log(1)+i \cdot 0)2 \pi i}=1$$
So, the second equality would be false and the fake proof uses the fact that the logarithm is multi-valued for the exponentiation. Is this idea correct?