Bankman-Fried Shares Shocking Confession

( – According to acclaimed financial journalist and author Michael Lewis, crypto mogul Sam Bankman-Fried said that he was at one time engaged in efforts to buy Donald Trump out of politics.

For clarification, Lewis does not suggest that he has any information officially linking the former President or anyone on his staff to the disgraced titan’s claims. He instead makes clear that Bankman-Fried, and Bankman-Fried alone, told him of the plan.

The Big Short author recently told 60 Minutes that SBF had conveyed to him that he was willing to pay Donald Trump $5 billion to back out of his plans to run for a second term in 2024. According to Lewis, the FTX founder’s representatives had been engaging with the former President’s staff and had agreed to the total on Trump’s behalf.

Trump’s willingness to accept a payoff was never a question, according to what Lewis was told by SBF. The tech titan was instead worried about the legality of the payment. Before the alleged deal could be pursued further, FTX and its sister company Alameda Research collapsed in epic fashion and SBF was taken into custody in the Bahamas.

When 60 Minutes asked Lewis why the reported deal fell through, he referenced the FTX implosion and said it was due to Bankman-Fried no longer having access to billions of dollars. He didn’t have it “anymore,” Lewis told the reporter. The Moneyball author went on to say that SBF was of the opinion that Trump represented an “existential” risk to “democracy.”

Most readers would likely see the need to balance SBF’s allegations against the numerous counts of fraud he has been charged with by the Securities and Exchange Commission. He used much of his reported $26.5 billion net worth to fund a large number of political campaigns, the overwhelming majority of which were tied to Democrats.

In just 1.5 years, SBF donated over $70 million to leftist PACs.

Copyright 2023,