Apple has reportedly paid $5 million for the rights to author Michael Lewis' upcoming book on former FTX CEO Sam Bankman-Fried, which will be released on October 3, the same day SBF's trial begins in New York.
Former FTX CEO Sam Bankman-Fried considered paying Donald Trump $5 billion not to run for office in 2024, according to Michael Lewis, with Bankman-Fried wondering if it would be legal and how much it would cost.
Author Michael Lewis has released a new book detailing the rise and fall of Sam Bankman-Fried, the founder of failed crypto exchange FTX, who is accused of running one of the largest financial frauds in U.S. history, including stories like Bankman-Fried playing a videogame during his TV interview and considering paying Donald Trump not to run for president in 2024.
Disgraced cryptocurrency mogul Sam Bankman-Fried paid Tom Brady $55 million for 20 hours of work per year over three years, according to author Michael Lewis, who also revealed that Stephen Curry was paid $35 million and Larry David was paid $10 million by Bankman-Fried's collapsed firm FTX.
Celebrities such as Tom Brady and Stephen Curry were involved in the FTX scandal, with Brady receiving $55 million for 20 hours of work per year and Curry receiving $35 million, according to author Michael Lewis, who will be publishing a book on the founder's rise and fall called "Going Infinite." Bankman-Fried also floated paying Donald Trump $5 billion not to run for president.
Disgraced crypto magnate Sam Bankman-Fried considered paying Donald Trump $5 billion to step away from the 2024 presidential race, according to a new report, but the plan did not come to fruition due to financial constraints.
Author Michael Lewis described being around Sam Bankman-Fried as a lifestyle "downgrade," highlighting the stark contrast between their lives while writing the former crypto mogul's biography.
Michael Lewis, the acclaimed writer, faces challenges as his latest book, "Going Infinite," examines the rise and fall of crypto mogul Sam Bankman-Fried amid questions about Lewis's previous work, including accusations of bias and favoritism towards his subjects.
Sam Bankman-Fried, the founder of crypto exchange FTX, is the subject of Michael Lewis' latest book, "Going Infinite," which explores his rise to billionaire status and subsequent legal troubles, presenting him as a math nerd who got in over his head with his profligate spending and reckless behavior.
Michael Lewis defends his sympathetic portrayal of FTX founder Sam Bankman-Fried, stating that the criticism he has received only serves to sell his book, which has already sold 100,000 copies in its first week. Lewis believes that comparisons between Bankman-Fried and Ponzi-scheme operators are unfounded and describes the chaotic atmosphere at FTX, while also criticizing the players in the bankruptcy process. He also mentions the possibility of FTX creditors being made whole through the monetization of the company's stake in Anthropic. Despite public rage towards Bankman-Fried, Lewis expresses discomfort with mobs and states that he would still visit Bankman-Fried if convicted.
Summary: Sam Bankman-Fried, the founder of crypto trading firm FTX, is currently on trial for allegedly defrauding customers of billions of dollars; a new book by Michael Lewis provides an inside look at Bankman-Fried's rise and fall, revealing a complex character driven by a desire to make a fortune and bring about positive change through philanthropy.