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Former FTX CEO Sam Bankman-Fried (SBF) thought-about paying Donald Trump $5 billion to dissuade him from working for president, in accordance with Michael Lewis, an creator writing a e book 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.”
Based on Lewis, SBF thought-about the cost as a result of he thought Trump posed an existential threat 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 mentioned SBF is a gambler who struck a goldmine by creating his cryptocurrency trade.
Based on Lewis, SBF realized that “all of the crypto exchanges are screwed up in a technique or one other. There are dozens of those locations the place you may commerce crypto, however they’re– they’re not structured for an expert dealer. The know-how is dangerous. They’ll lose their clients’ cash. It’s the wild west.”
“He began as a gambler and he realized that, you understand, constructing the higher on line casino was truly gonna be extra precious.”
Going Infinite: The rise and fall of a New Tycoon
The e book, “Going Infinite: The Rise and Fall of a New Tycoon,” might be launched on Tuesday, Oct. 3. The e book’s launch comes on a day when the embattled CEO’s trial is scheduled to start with a Jury choice.
Talking in regards to the e book, Lewis described it as a “sort of letter to the jury.” Based on 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 making ready the e book, Lewis gained limitless entry to SBF along with his quite a few visits to the Bahamas.
The fees in opposition to SBF may trigger him a number of years in jail if discovered responsible. Nevertheless, how the e book’s content material could have an effect on the courtroom trial scheduled to start this week stays unknown.
The submit Former FTX CEO thought-about $5B provide to stop Donald Trump presidential run appeared first on CryptoSlate.
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