The Shocking Revelation: Sam Bankman-Fried’s $5 Billion Trump Dilemma

Inside the Explosive Details Uncovered by Michael Lewis in 'Going Infinite

Michael Lewis, the author of the book “Going Infinite: The Rise and Fall of a New Tycoon,” has revealed previously unknown facts about the former CEO of FTX.

- Advertisement -

It turns out that Sam Bankman-Fried was considering paying Donald Trump $5 billion to withdraw his candidacy in the U.S. presidential elections.

The SBF and Trump connection sheds entirely new light on the ongoing legal proceedings involving Sam Bankman-Fried.

New book by Michael Lewis sheds light on another side of Sam Bankman-Fried.

According to information presented in Michael Lewis’s new book, Sam Bankman-Fried had more megalomaniacal plans than one might have imagined.

SBF contemplated offering Donald Trump $5 billion to refrain from running for president of the United States again. The author discussed this in an interview with 60 Minutes.

Lewis reports that SBF, along with the FTX management, discussed the $5 billion sum.

Furthermore, the former CEO of FTX also examined the legality of such an idea. However, these deliberations were interrupted by the collapse of the cryptocurrency exchange.

- Advertisement -

It raises questions about how Lewis obtained such information. It turns out that while writing a book about SBF, the author spent approximately 70 days with him in the Bahamas.

SBF and Trump: an example of the former FTX CEO’s detachment from reality

The SBF and Trump connection may not come as a complete surprise, as the cryptocurrency community had come to expect just about anything from the former CEO of FTX.

Dark clouds looming over Sam Bankman-Fried are about to unleash thunderbolts, much like lightning during a spring storm, as his trial approaches this month.

- Advertisement -

It’s worth noting that federal prosecutors have disclosed some of the witnesses who will testify against the former CEO of the FTX exchange.

Among them are both customers and investors of FTX who felt the impact of the company’s collapse in November 2022.

There’s no denying that the SBF trial will be one of the most significant events in the cryptocurrency community. Sam Bankman-Fried could face a sentence of over 100 years in prison.

🔴 LATEST POSTS

Previous Articles:

- Advertisement -

Latest

Bitcoin Climbs Above $105K; Signs Suggest Rally Nearing Top

Bitcoin holds above $105,000 in early week trading across Asia, though signals of “overheating” appear.CryptoQuant reports rising bitcoin demand and whale balances, with key...

GameStop Buys $512M in Bitcoin, Joins Corporate Crypto Trend

GameStop purchased 4,710 Bitcoin, valued at $512 million, as a corporate treasury asset. The company’s CEO called Bitcoin a hedge against inflation and systemic risk,...

Cryptocurrency Set to Dominate Asset Reserves by 2025

Digital assets are entering a new period of growth, with signs cryptocurrency will be prioritized for asset reserves by 2025. Fans Hash introduced mining tools...

TON Blockchain Hit by Outage, Block Production Halts Temporarily

The Open Network (TON) blockchain experienced a temporary outage on June 1, stopping block production for about 40 minutes.The issue was fixed quickly by...

Pi, IMX, ZBCN in Focus as Key Token Unlocks Threaten More Losses

The crypto market experienced a sharp drop as Bitcoin fell from $111,900 to below $104,000, resulting in widespread altcoin declines.Investors are closely watching key...

Must Read

A Beginner’s Guide To Cryptocurrency Mining

Cryptocurrency is considered one of the most popular forms of financial assets today. Many of these digital assets operate within blockchain technology which works...