New twist in the FTX saga! Less than 24 hours before the opening of his trial, Sam Bankman-Fried, the former CEO of the crypto exchange, is once again cited in a shady affair. The fallen king of cryptocurrency is said to have considered preventing Donald Trump from running in the presidential elections. And SBF was ready to break the bank to buy the American statesman according to the latest revelations.
5 billion dollars to buy Donald Trump
It is not far from the Capitol to the Tarpéeinne rock. This expression illustrates the life of Sam Bankman-Fried so well. Former crypto king and billionaire, the American investor lost his entire fortune and became one of the most hated people in the world according to his own words. The BBC has also dedicated a documentary to SBF and recounts the fall of the former CEO of FTX.
Known for his numerous political donations, Sam Bankman-Fried would have considered preventing Donald Trump from running in the presidential elections according to Michael Lewis. During an interview given to the show 60 minutes, Michael Lewis revealed that SBF almost paid $5 billion to the American statesman so that the latter would withdraw from the race for the White House.
“He was investigating the legality of paying Donald Trump himself not to run for president. His team had somehow created a back channel to the Trump operation and came back with the not terribly earth-shattering news that Donald Trump might indeed have his prize: $5 billion. At least that’s what Sam told his team.” Michael Lewis said.
Sam Bankman-Fried considered Donald Trump a danger to democracy
If Sam Bankman-Fried wanted to see Donald Trump withdraw from the presidential elections, it is because he thought that the latter was part of “the list of existential risks for the United States”. Michael Lewis said in his interview that SBF considered Mr. Trump a serious threat to American democracy.
Author of the best-seller “The Big Short”, Michael Lewis will release a book tomorrow, October 3, on the FTX saga. The work traces the collapse of the crypto exchange, but also the rise and fall of its former boss SBF.
The long-awaited trial of Sam Bankman-Fried will finally begin tomorrow Tuesday October 3 and will last until October 9. SBF faces several charges and will face former FTX customers ruined after the fall of the crypto exchange.
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