Former FTX CEO Sam Bankman-Fried (SBF) thought-about paying Donald Trump $5 billion to dissuade him from operating for president, in line with Michael Lewis, an writer writing a ebook on the disgraced founder.
“There was a quantity that was kicking round. And the quantity that was kicking round once I was speaking to Sam about this was $5 billion.”
In keeping with Lewis, SBF thought-about the fee as a result of he thought Trump posed an existential danger to U.S. democracy and was solely held again by the next collapse of his agency and ideas of whether or not such funds have been authorized.
Lewis revealed this in a 60-minute interview with CBS that aired on Oct. 1.
Describes SBF as a gambler
Past that, Lewis stated SBF is a gambler who struck a goldmine by creating his cryptocurrency trade.
In keeping with Lewis, SBF realized that “all of the crypto exchanges are screwed up in a method or one other. There are dozens of those locations the place you possibly can commerce crypto, however they’re– they’re not structured for knowledgeable dealer. The know-how is unhealthy. They’ll lose their prospects’ cash. It’s the wild west.”
“He began as a gambler and he realized that, , constructing the higher on line casino was really gonna be extra useful.”
Going Infinite: The rise and fall of a New Tycoon
The ebook, “Going Infinite: The Rise and Fall of a New Tycoon,” shall be launched on Tuesday, Oct. 3. The ebook’s launch comes on a day when the embattled CEO’s trial is scheduled to start with a Jury choice.
Talking concerning the ebook, Lewis described it as a “sort of letter to the jury.” In keeping with him, his story is healthier than the opposite tales from the counsels of the prosecutors and the defendant.
In the meantime, CBS describes Michael Lewis as a author who focuses on jump-off-the-page characters and makes use of them to inform sophisticated tales. Whereas getting ready the ebook, Lewis gained limitless entry to SBF together with his quite a few visits to the Bahamas.
The fees towards SBF may trigger him a number of years in jail if discovered responsible. Nevertheless, how the ebook’s content material could have an effect on the courtroom trial scheduled to start this week stays unknown.
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