Sam Bankman-Fried considered paying Trump $5 billion not to run for office, Michael Lewis claims

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By BitcoinWiki News

Key Takeaways:

– Sam Bankman-Fried, founder of failed crypto exchange FTX, considered paying Donald Trump $5 billion not to run for the presidency
– The claim was made by Michael Lewis, acclaimed author of “The Big Short” and “Flash Boys”
– Bankman-Fried was also concerned about the legality of such a payment
– Mark Botnick, a spokesperson for Bankman-Fried, declined to comment on the potential payment
– Bankman-Fried was an active political donor before FTX’s collapse
– He is currently facing an array of charges, including fraud, and could potentially face over 100 years in prison if convicted
– This information is provided for informational purposes only and should not be taken as legal, tax, investment, financial, or other advice

Controversial claims have emerged suggesting that Sam Bankman-Fried, founder of the failed crypto exchange FTX, contemplated paying former President Donald Trump $5 billion in order to dissuade him from running for presidency again. Michael Lewis, author of “The Big Short” and “Flash Boys,” revealed this information in a recent CBS interview. Bankman-Fried was allegedly concerned not only about the amount of money but also the legality of such a payment. A spokesperson for Bankman-Fried declined to comment on the matter. It is important to note that Bankman-Fried has faced scrutiny for his political donations, with federal prosecutors investigating contributions to lawmakers from both parties. The founder could also potentially face significant jail time if he is found guilty of various charges, including fraud, in his forthcoming trial.

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