The indicted ex-crypto magnate once allegedly considered paying former President Trump to leave politics
TX Founder Sam Bankman-Fried leaves from Manhattan Federal Court after court appearance in New York, United States on June 15, 2023.in exchange for his stepping away from the 2024 presidential race, per a new report. According to an excerpt from Michel Lewis’ upcoming book,Bankman-Fried and his associates attended a backchannel negotiation with the former president to get him to name his price to leave politics.
“Sam was not sure that number came directly from Trump… the question Sam had was […] ‘Was it legal?’” Lewis added. “They were still having these conversations when FTX blew up so ‘why didn’t it happen?’ He didn’t have $5 billion anymore.” But before the collapse of his cryptocurrency exchange, FTX, the loss of his billions, and before being indicted on allegations of defrauding his investors, Bankman-Fried had big plans.
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