Former FTX CEO Sam Bankman-Fried says he considered paying Trump $5 billion

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Former FTX CEO Sam Bankman-Fried says he considered paying Trump $5 billion

Sam Bankman-Fried, former FTX CEO and president, said that he considered paying Donald Trump $5 billion to dissuade him from running for president.

SBF was unable to consider the payment because he thought Trump posed an existential risk to U.S. democracy and was only held back by the collapse of his firm and thoughts of whether such payments were legal.

Lewis revealed this in a 60-minute interview with CBS CBS that aired on Oct. 1.

Beyond that, Lewis said SBF is a gambler who hit a goldmine by creating his cryptocurrency exchange.

The book's launch is on a day when the embattled CEO's trial is scheduled to begin with a Jury selection.

Lewis said the book was a 'letter to the jury'. He adds that his story is better than the other stories of the prosecutors and defendants.

CBS describes Michael Lewis as a writer who focuses on jump-off-the-page characters and uses them to tell complicated stories. Lewis had unlimited access to SBF through his frequent visits to the Bahamas, which resulted in Lewis being elected as the editor-in-chief of the book.

SBF's charges could result in him being sentenced to a number of years in prison if he is found guilty. How the book's content may affect the court trial scheduled to begin this week remains unknown.