Bankman-Fried explored paying Trump not to run for president, book excerpt says
© Reuters. FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Andrew Kelly
In the excerpt published in the Washington Post, Michael Lewis, the author of"Going Infinite: The Rise and Fall of a New Tycoon", said Bankman-Fried at the time was planning to give $15 million to $30 million to Republican Senator Mitch McConnell to defeat the"Trumpier" candidates in the Senate races.
"His team had somehow created a back channel into the Trump operation and returned with the not terribly Earth-shattering news that Donald Trump might indeed have his price: $5 billion. Or so Sam was told by his team."Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, has pleaded not guilty to seven counts of fraud and conspiracy stemming from the cryptocurrency exchange's collapse in November 2022.
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