📰 Quick news: SBF once considered paying 5 billion USD to Trump not to run for president
🔍 Recently, it was revealed that Sam Bankman-Fried (SBF), founder and former CEO of the bankrupt FTX cryptocurrency exchange, once considered paying former US president Donald Trump 5 billion USD to avoid re-competition. elected president, because he believed he threatened democracy.
📖 According to the book "Going Infinite: The Rise and Fall of a New Tycoon" by author Michael Lewis, SBF also wants to support US Republican leader Mitch McConnell in sponsoring Republican candidates opposing Trump. .
💸 After a meeting with McConnell, SBF donated tens of millions of dollars to Republican candidates, which FTX management is now trying to recover. SBF also plans to donate more in the upcoming 2024 US election.
🚫 However, SBF could not continue this plan when FTX collapsed and went bankrupt during the ongoing negotiations.
⚖️ This new revelation comes as SBF prepares to stand trial at the Metropolitan Detention Center in Brooklyn. His trial will begin on October 3 with jury selection, and the official trial will take place on October 4.