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FTX founder mulled giving Trump $5B to no longer escape for president, says author

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“That preferrred shocks you whenever you occur to don’t know Sam,” says author Michael Lewis concerning the revelation in his unusual book about Sam Bankman-Fried.

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Gentle FTX CEO Sam “SBF” Bankman-Fried as soon as looked into paying Donald Trump to no longer escape for United States president, in accordance with Michael Lewis, the author of a unusual book documenting the upward thrust and fall of SBF.

Michael Lewis, author of Going Loads of: The Upward push and Fall of a Original Mogul, spoke referring to the broken-down crypto billionaire and FTX founder in a 60 Minutes interview on Oct. 1.

One of the basic revelations within the book is that SBF looked into paying Donald Trump to no longer escape for president. “That preferrred shocks you whenever you occur to don’t know Sam,” acknowledged Lewis sooner than alongside side:

“Sam’s pondering that shall we pay Donald Trump to no longer escape for president […] grasp how mighty would it safe?”“The quantity that used to be kicking around used to be $5 billion,” he added sooner than asserting that SBF used to be undecided if that quantity came straight from Donald Trump.

SBF used to be additionally taking a look into the legality of it, in accordance with Lewis, who added that “they had been still having these conversations when FTX blew up.”

It fine didn’t occur because Bankman-Fried didn’t comprise the $5 billion any extra, he added.

— Brad Michelson (@BradMichelson) October 2, 2023

According to Lewis, SBF saw Trump as attempting to undermine democracy within the United States, pondering he “belongs on the record of existential risks.”

Lewis spent bigger than 70 days within the Bahamas on a dozen utterly different trips to head to SBF in 2022, and the pair grew to turn into shut. “I would preserve in spare bedrooms, so I had codes to every room alongside side the penthouse,” he informed The Wall Avenue Journal.

Talking on the fallout following the give scheme of FTX in November 2022, he acknowledged:

“It used to be grasp the aftermath of Pompeii. Attire and belongings left at the abet of, frozen in time. Many headed to the airport leaving company vehicles with the keys internal at the curb.”Cointelegraph contacted honest representatives for Bankman-Fried and Trump. Mark Botnick, who handles communications for the SBF case, acknowledged there used to be no comment from his honest crew.

Connected: How long may per chance well per chance Sam Bankman-Fried dawdle to penal complex for? Crypto lawyers weigh in

According to the trial agenda calendar released closing week, the high-profile Bankman-Fried trial begins on Oct. 3 with jury selection. The trial begins on Oct. 4.

The trial will involve seven fraud cases against SBF, two substantive costs where the prosecution must convince the jury that Bankman-Fried committed the crime, and five utterly different conspiracy costs.

Magazine: Deposit possibility: What attain crypto exchanges basically attain alongside with your cash?

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