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Author of The Big Short: SBF once offered Trump US$5 billion to dissuade him from running for president, and plans to apply for a US$1 billion loan from Morgan Stanley to participate in the acquisition of Twitter
2023-10-08 01:45:29
Odaily News The Big Short Michael Lewis disclosed in his new book Going Infinite that SBF has had some bizarre plans, including: 1. SBF once offered Trump US$5 billion to dissuade him from participating in the 2024 presidential election. Because he worries that Trump will further undermine American democracy. 2. SBF spent $12 million to support Carrick Flynn’s Democratic primary campaign, but ultimately failed. SBF believed that Flynn could help him fight what he considered the three major threats to humanity: epidemics, misaligned artificial intelligence, and the collapse of democracy. 3. SBF met with the Prime Minister of the Bahamas to discuss repaying the country’s entire national debt of approximately US$10 billion. 4. SBF had planned to apply for a US$1 billion loan from Morgan Stanley to participate in Musk’s acquisition of Twitter, and planned to use FTT tokens as collateral. Lewis said Musk sought help from SBF to raise $44 billion for the deal. (The Block)