Posts

Showing posts with the label donald trump

Bankman-Fried Wanted to Pay Trump $5B Not to Run for President

Image
During the promotion of his newest book, Michael Lewis revealed that Sam Bankman-Fried wanted to pay Donald Trump $5 billion not to run for president in 2024. Specifically, The Big Short author told CBS’ 60 Minutes of the offer that was nearly made to the 45th US President regarding a reelection campaign. Lewis is promoting his newest book, “Going Infinite: The Rise and Fall of a New Tycoon,” detailing the collapse of FTX and Bankman-Fried. Subsequently, the details of his potential offer to Trump are presented as one of its most shocking details. Sam Bankman-Fried reportedly wanted to pay Donald Trump $5 billion to not run for President in 2024. pic.twitter.com/gbpptMUhqP — Watcher.Guru (@WatcherGuru) October 2, 2023 Also Read: FTX Says Bankman-Fried’s Parents Got $16.8 Million in Stolen Funds SBF Almost Paid Donald Trump to Not Run For President in 2024 The downfall of Sam Bankman-Fried and FTX is certainly one of the most prominent fi...

Crypto reform coming to US in 2023, says former White House chief of staff

Image
SVB’s epic failure occurred “at a bank that happened to deal with crypto customers” but “was not a crypto-induced problem,” said Mick Mulvaney. In the United States, crypto reform legislation isn’t the province of a single political party, and that’s why a former U.S. Congressman, who also played a prominent role in the Trump administration, believes that passage of a federal “digital assets” law this year is a real possibility. “Democrats aren’t all on one side; Republicans aren’t all on the other side,” said Mick Mulvaney, who was budget director and later acting White House Chief of Staff from January 2019 to March 2020, told Cointelegraph, further explaining: “I do think in this Congress, which has got functionally about 14–16 months left before it sort of shuts down before the next election cycle, you will get a meaningful piece of legislation on blockchain/crypto — what we’re referring to collectively as digital assets.” Mulvaney’s government resume is long and varied. In addit...