Sam Bankman-Fried met with “Big Short” Author Arrest While at House
FTX FSam Bankman-Fried, ounder Sam Bankman and a well-known journalist is working together to make the story of his cryptocurrency exchange’s rise into a compelling narrative bestseller.
Michael Lewis, author de Bankman-Fried, visited Bankman-Fried Moneyball And The Big ShortAccording to the New York Post. Lewis spent hours at SBF’s home, where he was forced into living after being forced to. paying a $250 million bail Last week. Lewis was in talks with Bankman Fried for more than six months. This includes discussions that took place before the collapse of the crypto mogul. These meetings are taking place as SBF is currently being held under bail and faces fraud charges.
FTX FOUNDER SAM BANKMAN-FRIED TO ENTER PLEA DEAL IN FRAUD CASE
Bankman-Fried’s discussions were made public in a Lewis publishing agency letter. pitched A book about Bankman-Fried’s success as an investor and the year that he was born. SBF’s rise in fame was “more than sufficient for a signature Michael Lewis book,” Lewis’s publicists disagreed.
The deal is expected to be signed by the crypto billionaire as soon as next Monday. Zixiao, his former co-founder of crypto billionaire, is expected to enter a plea deal as soon as next week. “Gary” Wang and Caroline Ellison, former CEO of Alameda Research agreed To agree to a plea agreement on Dec. 21 to cooperate avec prosecutors.
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Bankman-Fried appeared in court After being indicted by New York federal courts on two counts of wire fraud, and six of conspiracy, he was charged for the first-time. He is also facing charges from the Securities and Exchange Commission and The Commodity Futures Trading Commission Over his investment fund management and interactions with Alameda Research’s partner index fund.
The Department of Justice is currently investigating the hack of FTX. Someone accessed the system to steal $372 million from the company’s bankruptcy filings.
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