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Sam Bankman-Fried explored paying Donald Trump not to run for president, book excerpt says

Indicted FTX founder Sam Bankman-Fried. Reuters File

In keeping with an excerpt from a forthcoming ebook revealed on Sunday, imprisoned former billionaire Sam Bankman-Fried mentioned paying former US President Donald Trump to not search for re-election in 2020.

In a Washington Publish excerpt, Michael Lewis, writer of “Going Infinite: The Rise and Fall of a New Tycoon,” stated Bankman-Fried was planning to offer $15 million to $30 million to Republican Senator Mitch McConnell to defeat the “Trumpier” candidates within the Senate races on the time.

“On a separate front, he explained to me, as the plane descended into Washington, he was exploring the legality of paying Donald Trump himself not to run for president,” Lewis wrote.

“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.”

The passage didn’t clarify why Bankman-Fried, the founding father of the now-defunct cryptocurrency change FTX, didn’t pursue the plans.

Bankman-Fried spokeswoman Mark Botnick declined to touch upon the textual content, and Trump representatives didn’t instantly reply to a Reuters request for remark.

Bankman-Fried has pled not responsible to seven counts of fraud and conspiracy associated to the collapse of the cryptocurrency change in November 2022.

He faces a statutory most punishment of 110 years in jail, nevertheless any sentence can be decided by the choose dealing with the case based mostly on a wide range of concerns, and he would very actually obtain considerably much less.

The publication of Lewis’ ebook coincides with the opening of Bankman-Fried’s fraud trial this week.

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