Michael Lewis reveals the bizarre stories about FTX founder

Michael Lewis reveals the bizarre stories about FTX founder

Sam Bankman-Fried, a founder of FTX, is accused of running one of the biggest financial frauds in US history.

However, Michael Lewis does have a knack for finding interesting characters to write about.

Sam Bankman-Fried is the founder of failed crypto exchange FTX, which is accused of running one of the biggest financial frauds in US history.

The new book, Go Infinite, follows the rise and fall of the man known as SBF, and comes out on October 3 - the same day Bankman-Fried's trial starts in a federal court in New York City.

CBS's TV programme 60 Minutes aired an interview with Lewis on the night of 1 October, where Lewis delved deep into Bankman-Fried's history and psyche and revealed juicy tidbits from the book, which he compiled from meeting SBF more than 100 times over two years.

Bankman-Fried: What are the weirdest stories about Bankman-Fried?

SBF played a video game during his first TV interview.

Lewis said that during Bankman-Fried's very first television appearance, when FTX was gaining notoriety, he was playing a video game through it all. s because he's trying to win his video-game at the same time he's on the air, Lewis said.

In perhaps the most fish-out-of-water story ever, Lewis said, Vogue editor-in-chief and fashion icon Anna Wintour wanted Bankman-Fried - who rarely wore anything other than shorts and a T-shirt and who Lewis called 'the worst-dressed person in America', the worst-dressed billionaire in the history of billionaires to sponsor the swanky Met Gala. Lewis said he has not spoken to anyone who has asked for his opinion. He had'seemingly unlimited' money, and he was willing to give it away. When Bankman-Fried took a Zoom meeting with Wintour, Lewis said, he had no idea who she was.

They were friends, SBF and Tom Brady. Surprisingly - or perhaps not, given the $55 million, Brady 'adored him', Lewis said.

The SBF wants to pay Trump not to run for president, but instead wanted the president to run for re-election.

Bankman-Fried has donated many millions of dollars to Republicans and Democrats, but he was so worried about Donald Trump - who he considered a threat to democracy - that he considered paying Trump not to run for president in 2024, Lewis said.

The talks never went anywhere, obviously, and Bankman-Fried was unsure about the legality of paying Trump not to run, Lewis said. But those discussions soon stopped when FTX collapsed and Bankman-Fried lost almost his entire fortune.

Bankman-Fried faces up to 100 years in prison if convicted of a range of federal fraud and conspiracy charges. When asked what Bankman-Fried fears most about potentially being imprisoned, Lewis had a surprising answer :

He added that if given the choice of living in a $39m penthouse in the Bahamas without internet access or being in jail but with internet access, there's no question in my mind he'd take the jail.