Former FTX CEO considered $5B offer to prevent Donald Trump presidential run

Former FTX CEO Sam Bankman-Fried (SBF) considered paying Donald Trump $5 cardinal to dissuade him from moving for president, according to Michael Lewis, an writer penning a publication connected the disgraced founder.

“There was a fig that was kicking around. And the fig that was kicking astir erstwhile I was talking to Sam astir this was $5 billion.”

According to Lewis, SBF considered the outgo due to the fact that helium thought Trump posed an existential hazard to U.S. ideology and was lone held backmost by the consequent illness of his steadfast and thoughts of whether specified payments were legal.

Lewis revealed this successful a 60-minute interview with CBS that aired connected Oct. 1.

Describes SBF arsenic a gambler

Beyond that, Lewis said SBF is simply a gambler who struck a goldmine by creating his cryptocurrency exchange.

According to Lewis, SBF realized that “all the crypto exchanges are screwed up successful 1 mode oregon another. There are dozens of these places wherever you tin commercialized crypto, but they are– they’re not structured for a nonrecreational trader. The exertion is bad. They’ll suffer their customers’ money. It’s the chaotic west.”

“He started arsenic a gambler and helium realized that, you know, gathering the amended casino was really gonna beryllium much valuable.”

Going Infinite: The emergence and autumn of a New Tycoon

The book, “Going Infinite: The Rise and Fall of a New Tycoon,” volition beryllium launched connected Tuesday, Oct. 3. The book’s motorboat comes connected a time erstwhile the embattled CEO’s proceedings is scheduled to statesman with a Jury selection.

Speaking astir the book, Lewis described it arsenic a “kind of missive to the jury.” According to him, his communicative is amended than the different stories from the counsels of the prosecutors and the defendant.

Meanwhile, CBS describes Michael Lewis arsenic a writer who focuses connected jump-off-the-page characters and uses them to archer analyzable stories. While preparing the book, Lewis gained unlimited entree to SBF with his galore visits to the Bahamas.

The charges against SBF could origin him respective years successful situation if recovered guilty. However, however the book’s contented whitethorn impact the tribunal proceedings scheduled to statesman this week remains unknown.

The station Former FTX CEO considered $5B connection to forestall Donald Trump statesmanlike run appeared archetypal connected CryptoSlate.