Michael Lewis, author of the highly anticipated book “Going Infinite”, made a surprising revelation. Michael Lewis, author of “The Rise and Fall of a New Tycoon,” revealed that former FTX CEO Sam “SBF” Bankman-Fried once considered paying Donald Trump to not run for president of the United States. However, there was no official statement regarding this claim. Here are the details…
Interesting claims for FTX founder
Lewis shared this interesting information in a recent interview with 60 Minutes, shedding light on the complex character of the SBF and his views on the world of politics. According to Lewis, one of the revelations in his book is that Sam Bankman-Fried, a former crypto billionaire and founder of cryptocurrency exchange FTX, explored the idea of dissuading Trump from running for president. Lewis emphasized SBF’s unconventional thinking, commenting, “This will only shock you if you don’t know Sam.” Lewis asked SBF’s “How much does it cost?” He explained what he thought. The surprising figure that emerged during these discussions was $5 billion. However, it remains unclear whether this figure is directly attributed to Donald Trump.
The book also covers the SBF’s investigation into the legality of such an initiative. These talks continued as FTX faced dramatic upheaval, Lewis notes. Ultimately, the plan did not materialize because Bankman-Fried no longer had the required $5 billion. According to Lewis, SBF viewed Donald Trump as a potential threat to American democracy and believed he was “on the list of existential risks.” Lewis’ deep dive into SBF’s life and thoughts also included spending more than 70 days in the Bahamas in 2022, forming a close bond with the enigmatic crypto figure.
SBF hearing is approaching
Evaluating what happened after the collapse of FTX in November 2022, Lewis described this situation as a situation reminiscent of the ruins of Pompeii. The office space was frozen in time, with employees leaving personal belongings behind and company cars with their keys at the curb as they rushed to the airport. As Sam Bankman-Fried’s trial approaches, the cryptocurrency community awaits the outcome with bated breath. The trial is scheduled to begin on October 3 and will cover seven fraud counts, including two material charges and five conspiracy charges against SBF. This promises to be a high-profile legal battle that could have far-reaching implications for the crypto industry. Stay tuned for comprehensive coverage of developments in the case and its potential impact on the cryptocurrency world.
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