SBF Biography: Manipulating Politics, Bribing Nations - Taking Stock of SBF's Unrealized Hidden Agendas

The controversial biography of SBF is now on sale, with author Michael Lewis frequently interviewed by major media outlets. Foreign media The Block, after reading the book, summarized several of SBF's extravagant plans, including attempting to fully repay the Bahamas' billions of national debt and providing loans of billions of dollars to support Musk's acquisition of Twitter.

Background: SBF Biography Author: SBF once considered spending $5 billion to get Trump to withdraw from the election, and FTX is not a Ponzi scheme.

SBF Biography: Towards Infinity

The recent discussion around Michael Lewis's new book "Towards Infinity: The Rise and Fall of a New Business Tycoon," written by the author of "The Big Short," Michael Lewis, has brought to light several hidden projects that SBF has either envisioned or actually implemented, leaving readers amazed.

Attempting to Spend Millions to Buy Congressional Seats

Previous reports indicate that the book suggests SBF's expenditures were made with the goal of "preventing serious infectious diseases and safeguarding American democracy" in mind.

In addition to considering spending $5 billion to urge Trump, who poses a risk to American democracy, to withdraw from the race, SBF also spent $12 million to fully support Carrick Flynn in the Democratic primary campaign last May, viewing Flynn as a candidate capable of combating the next serious epidemic.

The book even mentions that SBF devised a strategy to influence voters' choices and even attempted to buy seats in Congress.

However, with Flynn's defeat, author Lewis then wrote:

This $12 million effort was one of the most significant political manipulation failures in American history.

Repaying the Bahamas' $10 Billion National Debt

The book also mentions that SBF, due to the Bahamas legalizing the crypto industry, chose the country as the headquarters for his extensive business operations in 2021 and even once offered a plan to the Bahamian Prime Minister to repay the country's approximately $10 billion national debt.

Lewis states that SBF had drafted a plan to repay the country's massive debt while improving local infrastructure.

Seeking a $1 Billion Loan to Assist Musk's Twitter Acquisition

Of note, the book points out that SBF even asked financial giant Morgan Stanley for a $1 billion loan to assist in investing in Musk's Twitter acquisition and planned to use his exchange token FTT as collateral.

In the book, Lewis writes that Musk sought help from SBF to raise about $44 billion for the acquisition.

SBF reportedly proposed to Singh and Arora, two senior executives at FTX, to provide $250 million to $1 billion in funding in the name of FTX and faced opposition from the two.

However, SBF allegedly ignored their advice.

Author's Sympathetic Attitude Towards SBF?

The Block reported that since his debut in 1989 with "Liar's Poker: Rising Through the Wreckage on Wall Street," Michael Lewis has been documenting conspiracies behind the American market for decades, making him a controversial figure in both personal and creative aspects.

His biography of the former CEO of the cryptocurrency industry giant FTX is widely considered his most controversial work to date, with some criticizing Lewis for being attracted by SBF's charm and providing a biased description.

Several book reviewers claim that the biography focuses on portraying SBF in a sympathetic light, misleading readers about his image:

Through carefully crafted words and narratives, Lewis sculpts SBF as an idealistic and naive individual rather than someone who is scheming and orchestrated one of the largest cryptocurrency scams in the world.