FTX’s Bankman-Fried contemplated paying Trump $5b not to run for president
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 interview 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. “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. You might also like: FTX ramps up asset recovery ahead of Bankman-Fried’s trial According to an excerpt of Lewis’ forthcoming book ...