The new book "Going Infinite – The Rise and Fall of a New Tycoon" written by "The Big Short" author Michael Lewis after a personal interview with SBF was recently released and has sparked widespread discussion in the community and has been quoted by many media The book discusses insider information that has never been revealed before. But apart from the inside story, more people seem to be more concerned about Michael Lewis’s stance in writing this book.

In fact, after reading the contents of the book, many people in the cryptocurrency industry couldn't help but wonder whether Michael Lewis received money from SBF, because many of Michael Lewis's discussions seemed to be defending him.

FTX money making business

Michael Lewis described FTX in an interview:

"They had a very successful real business. If no one had slandered the business, and if there hadn't been an explosion of customer withdrawals, they would still be making a lot of money."

“They had a great real business. If no one had cast aspersions on the business, if there hadn’t been a run on customers deposits, they’d still be making tones of money”ARE YOU FUCKING KIDDING ME!!! pic.twitter.com/VmSBvx9y1w

— Sean Tuffy (@SMTuffy) October 2, 2023

But what puzzles the community is that Michael Lewis has been with SBF for such a long time, and coupled with what was revealed during the bankruptcy proceedings, he lacks a complete understanding of FTX’s thunderstorm. Misappropriating client funds, being arbitraged by his own clients (LUNA thunderstorm incident), raising US$2 billion in venture capital funds but losing US$10 billion, so many things have happened, but Michael Lewis said that FTX is a "profitable business", not Ponzi scheme.

Questioning CoinDesk’s “Whistleblower” Report

In a new book, Michael Lewis credits CoinDesk’s award-winning reporting on Alameda’s financial problems with causing FTX’s collapse. In the article, CoinDesk’s report was described in terms such as “strange documents,” “no indication that the documents were audited,” and “supposedly.”

In response to Michael Lewis's description, CoinDesk deputy editor Nick Baker responded directly to the X platform, arguing that the editorial team had indeed reviewed the authenticity of the source before publishing the article, and they fully believed that this article was accurate and newsworthy reports. In addition, Nick Baker also angrily criticized Michael Lewis for making very one-sided and derogatory remarks, and finally left a message saying, "Go enjoy your millions of dollars, Michael." There seems to be a hint that Michael Lewis took money from SBF.

Gather 'round as I Streisand effect Michael Lewis's new Sam Bankman-Fried book. What he's talking about on this page is @CoinDesk's award-winning journalism that many folks say triggered SBF's crash. And by "talking about" I mean "not so slyly dumping on us!" pic.twitter.com/zRxJwFonQw

— Nick Baker (@inkbacker) October 3, 2023

SBF good guy, John Ray bad guy

In addition, American YouTuber and cryptocurrency journalist Coffeezilla also published his thoughts on this new book on the X platform. Coffeezilla said that he felt speechless after reading it. Michael Lewis did not criticize SBF too much in the book, and even used words such as "good man", "child", "smart man", "philanthropist", etc. to describe him. . By comparison, Michael Lewis gave a harsher description of John Ray, the bankruptcy lawyer who took over FTX. Coffeezilla commented:

"He spent more time questioning the intentions of bankruptcy attorney John Ray than he did with SBF. I'm truly speechless."

Finished reading Michael Lewis' new book so you don't have to. You were not misled by the 60 minutes interview. It is a full-out defense of SBF. He spends more time questioning the intentions of the BANKRUPTCY LAWYER John Ray, than he does SBF. I'm speechless. pic.twitter.com/ID7d8bRrrf

— Coffeezilla (@coffeebreak_YT) October 3, 2023

This article "Going Infinite", the author of "The Big Short", is causing controversy! Community Taunt: I Just Want Someone to Love Me Like Lewis Loves SBF appeared first on Zombit.