SBF’s team also found a way to create a backdoor communication with Trump’s team, where Trump revealed that it would cost him $5B to abandon his Presidential ambition.
Sam “SBF” Bankman-Fried, the failed founder of FTX crypto exchange and a collapsed $40B crypto empire wanted to pay former President Donald Trump to drop out of the 2024 presidential election.
SBF contemplated paying Trump to quit
In an excerpt of a new book by Micheal Lewis titled Going Infinite: The Rise and Fall of a New Tycoon on Sam Bankman-Fried, the author described the several interactions that SBF had with celebrities, government officials, and other influential figures.
The book details how SBF saw Trump as a threat to humanity and partnered with political allies in the Senate, pledging $15M to $30M to defeat Trump-endorsed candidates in the 2022 midterm senate races.
“On a separate front, he explained to me, as the plane descended into Washington, he was exploring the legality of paying Donald Trump himself not to run for president,” Lewis wrote.
SBF’s team also found a way to create a backdoor communication with Trump’s team, where Trump revealed that it would cost him $5B to abandon his Presidential ambition.
Lewis’s book reveals that Mitch McConnell had blamed Trump for the underwhelming performance of Republicans at the 2022 midterm elections. Hence, McConnell decided to team up with Sam Bankman-Fried to reduce the number of hardline conservatives from going past the Republican primaries.
However, since the midterms, both Trump and SBF have gone from business tycoons to defendants in court.
Read more: SBF trial starts on October 3. Here’s what you should know
SBF cancelled appointments randomly
The book also went into details about SBF’s relationship with business partners, celebrities and influential figures.
Sam Bankman-Fried was reported to have played video games in the background of online interviews several times. He was well known for his League of Legends exploits.
Lewis said that Natalie Tien, who assumed the positions of SBF’s “personal scheduler” and the head of public relations for FTX, claimed the former CEO canceled numerous highly publicized engagements — frequently at the last minute — for no apparent reason.
“Sam treated everything on his schedule as optional,” said the book. “The schedule was less a plan than a theory. When people asked Sam for his time, they assumed they’d posed a yes or no question […] All he had done, when he said yes, was to assign some non-zero probability to the proposed use of his time. The dial would swing wildly as he calculated and recalculated the expected value of each commitment, right up until the moment he honored it or didn’t.”
What will be in the book is yet to be fully revealed. But the book will be published on October 3, the same day jury selection begins for SBF’s criminal trial in New York.
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