Lewis’s new book “Going Infinite” spotlights the spectacular rise and fall of the FTX founder but fails to capture the nuances of cryptocurrency.
,” about the epic collapse of the cryptocurrency exchange FTX and its enigmatic founder Sam Bankman-Fried , Lewis describes flying in 2022 from California to D.C. As the plane descended, Bankman-Fried, who was then one of the wealthiest people on the planet and a massive donor to political campaigns, told Lewis that he had explored whether it would be legally possible to pay Donald Trump to not run for president in 2024.
In the wake of FTX’s implosion, it has become fashionable to dismiss EA as a pretext for the company’s alleged fraud. But Lewis persuasively portrays FTX and Alameda Research as heavily influenced by EA, especially in its earliest days.
You can skip “Easy Money,” which is pretentious and factually sloppy, but Faux’s boisterous, masterfully written book is worth a read. An extension of a Bloomberg Businessweek
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