2023-09-11 06:03:58
The book is expected to be published on October 3, the same day that the trial once morest Sam Bankman-Fried begins. The world’s largest company, Apple, with a market cap approaching $3 trillion, has acquired the rights to an upcoming book regarding FTX founder Sam Bankman-Fried (SBF). The author of the big throw made the book regarding the life of Bankman-Fried The collapse of FTX was undeniably the biggest news of 2022 in the crypto sector, and perhaps even in the traditional financial world. The crypto exchange led by Sam Bankman-Fried, once worth 32 billion dollars, went bankrupt in a matter of days, causing investors billions of dollars in losses. And while many former FTX and Alameda leaders have chosen to plead guilty, SBF itself has always denied the allegations once morest it. The trial once morest him begins on October 3. It is probably no coincidence that the book of Michael Lewis, the author of The Big Throw and The Champions of the Heart, is also expected to be published on this day. Lewis’ latest work will focus on a year in the life of SBF, and in addition to his rise to riches, we will also read regarding his fall and arrest. There was huge interest in the copyright of the book “Going Infinite: The Rise and Fall of a New Tycoon”, which led to a bidding war. In the end, Apple emerged as the winner, acquiring the rights for $5 million. SBF will be sent to one of the worst prisons in the USA As we reported last December, the founder of FTX was arrested in the Bahamas, and shortly followingwards was transported to the United States. He was then released on $250 million bail and lived at his parents’ house for months, but SBF was returned to prison following reports emerged that he had deliberately tampered with witnesses in his case, including his ex-girlfriend Caroline Ellison. Incidentally, Bankman-Fried’s prison has been described as one of the most horrific in the United States, with a reported capacity of 1,000 people, but the actual number is 1,600.
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