FTX Founder Considered Paying Donald Trump $5 Billion Not to Run for Presidency
According to Michael Lewis, the acclaimed author of “The Big Short” and “Flash Boys,” Sam Bankman-Fried, the founder of failed crypto exchange FTX, explored the possibility of paying Donald Trump $5 billion to not run for the presidency. Lewis made this claim in an interview with CBS that aired on Sunday.
During their conversation, Lewis stated that there was a specific number being discussed, which was $5 billion. Bankman-Fried was also concerned about the legality of such a payment and wanted to ensure that it would be within the boundaries of the law.
A spokesperson for Bankman-Fried declined to comment on the potential payment.
Political Donations and Potential Legal Troubles
Prior to FTX’s collapse, Bankman-Fried was an active political donor, contributing to both Democrat and Republican lawmakers. These donations have reportedly attracted the attention of federal prosecutors.
In his upcoming trial, which is set to begin on Tuesday, Bankman-Fried could face multiple charges including fraud. If convicted, he could potentially be sentenced to over 100 years in prison.
Hot Take: A Controversial Offer That Raises Ethical Questions
The revelation that Sam Bankman-Fried considered paying Donald Trump $5 billion not to run for the presidency is certainly a controversial one. It highlights the extent to which individuals are willing to go in order to shape political outcomes. However, it also raises important ethical questions about the influence of money in politics and whether such transactions should be allowed. Regardless of the legal implications or feasibility of such an offer, it serves as a reminder of the power dynamics at play in the world of politics and finance.