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

FTX’s Bankman-Fried pondered paying Trump b to not run for president

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

Michael Lewis, the writer of “The Giant Quick,” says the disgraced crypto entrepreneur used to be exploring the legality of this sort of transfer.

Sam Bankman-Fried (aka SBF), founder and previous CEO of the now-bankrupt cryptocurrency change FTX, used to be bearing in mind paying Donald Trump $5 billion to not run for re-election.

In an interview with CBS, Michael Lewis, the writer of “The Giant Quick” and “Going Countless: The Upward thrust and Fall of a New Mogul,” famous that SBF used to be now not certain on the time whether or not that quantity got here without delay from Trump. On the other hand, the disgraced crypto entrepreneur used to be now not anxious concerning the quantity however concerning the legality of this transfer.

“He [SBF] were given one resolution, sure. The query Sam had used to be now not simply, “Is $5 billion sufficient to pay Trump to not run,” however “Was once it criminal?”

Michael Lewis.

Consistent with an excerpt of Lewis’ imminent e book “Going Countless: The Upward thrust and Fall of a New Mogul,” which is able to turn out to be to be had the following day, Oct. 3, and printed via The Washington Submit, SBF used to be additionally pondering of paying $15 million to $30 million to Rep. Senator Mitch McConnell so that you can defeat the “Trumpier” applicants within the Senate races. Lewis wrote in his e book that SBF and his staff had by hook or by crook “created a again channel into the Trump operation.”

Within the interview with CBS, Lewis famous that SBF used to be nonetheless having those conversations even if FTX blew up.

“So why didn’t it occur? He didn’t have $5 billion anymore.”

The revelation comes at what seems to be a nasty time for Bankman-Fried, for the reason that U.S. Pass judgement on Lewis Kaplan previous gave the golf green mild to prosecutors to talk about SBF’s political donations at his upcoming trial, which is able to happen, the following day, Oct. 3. Kaplan dominated that those bills are related to the fraud fees confronted via the FTX founder.

The trial of the disgraced businessman will get started on Oct. 3, 2023, and can final no less than 21 days till Nov. 9, 2023, inclusive. A minimum of till sentencing, Bankman-Fried will likely be held in custody within the Brooklyn jail the place he used to be despatched on Aug. 11, 2023, after Kaplan accused SBF of seeking to affect witnesses who’re poised to testify towards him.


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