Read

Donald Trump

Rise

Michael Lewis, the author of “The Big Short,” says the disgraced crypto entrepreneur was exploring the legality of such a move. 
Sam Bankman-Fried (aka SBF), founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, was considering paying Donald Trump $5 billion not to run for re-election. 
In an <a href="https://www.cbsnews.com/news/ftx-founder-sam-bankman-fried-michael-lewis-book-60-minutes-transcript/?ftag=CNM-00-10aab7d&amp;linkId=238697261" target="_blank" rel="noopener noreferrer nofollow">interview</a> with CBS, Michael Lewis, the author of “The Big Short” and “Going Infinite: The Rise and Fall of a New Tycoon,” noted that SBF was not sure at the time whether that number came directly from Trump. However, the disgraced crypto entrepreneur was not worried about the number but about the legality of this move. 
<blockquote class="wp-block-quote"> 
 “He [SBF] got one answer, yes. The question Sam had was not just, “Is $5 billion enough to pay Trump not to run,” but “Was it legal?” 
 Michael Lewis. 
</blockquote> 
 You might also like: <a href="https://crypto.news/ftx-ramps-up-asset-recovery-ahead-of-bankman-frieds-trial/" rel="noopener noreferrer nofollow"> FTX ramps up asset recovery ahead of Bankman-Fried’s trial </a> 
According to an <a href="https://www.washingtonpost.com/opinions/interactive/2023/michael-lewis-sam-bankman-fried-ftx-crypto/" target="_blank" rel="noopener noreferrer nofollow">excerpt</a> of Lewis’ forthcoming book “Going Infinite: The Rise and Fall of a New Tycoon,” which will become available tomorrow, Oct. 3, and published by The Washington Post, SBF was also thinking of paying $15 million to $30 million to Rep. Senator Mitch McConnell in an effort to defeat the “Trumpier” candidates in the Senate races. Lewis wrote in his book that SBF and his team had somehow “created a back channel into the Trump operation.” 
In the interview with CBS, Lewis noted that SBF was still having these conversations even when FTX blew up. 
<blockquote class="wp-block-quote"> 
 “So why didn’t it happen? He didn’t have $5 billion anymore.” 
 
</blockquote> 
The revelation comes at what appears to be a bad time for Bankman-Fried, given that U.S. Judge Lewis Kaplan earlier <a href="https://www.reuters.com/legal/bankman-fried-prosecutors-may-show-jury-evidence-political-donations-judge-rules-2023-09-26/" target="_blank" rel="noopener noreferrer nofollow">gave</a> the green light to prosecutors to discuss SBF’s political donations at his upcoming trial, which will take place, tomorrow, Oct. 3. Kaplan ruled that these payments are relevant to the fraud charges faced by the FTX founder. 
The trial of the disgraced businessman will start on Oct. 3, 2023, and will last at least 21 days until Nov. 9, 2023, inclusive. At least until sentencing, Bankman-Fried will be held in custody in the Brooklyn prison where he was sent on Aug. 11, 2023, after Kaplan accused SBF of trying to influence witnesses who are poised to testify against him. 
 Read more: <a href="https://crypto.news/year-after-ftx-collapse-what-to-expect-from-sbf-trial/" rel="noopener noreferrer nofollow"> A year after FTX collapse: what to expect from upcoming SBF trial </a>

FTX’s Bankman-Fried contemplated paying Trump $5b not to run for president

crypto.news

2023년 10월 3일에 게재된 다른 기사

peaq’s Multi-Chain Machine IDs Extend Their Reach to Binance’s BNB Beacon Chain

Bitcoin Price Prediction: BTC Price Break $27K; Is it Reliable?

ApeX Protocol Launches Telegram Bot for Effortless Decentralized Derivatives Trading (3 Oct)

Silk Road founder fears he’ll spend life in prison

Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds – What's Go...

Attention Required from Shiba Inu and XRP Holders Due to Recent Binance Announcement

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!