Michael Lewis, best-selling author of “The Big Short,” is reportedly about to publish a book about FTX and its founder, Sam Bankman-Fried. This tale promises to be gripping and revealing, offering insight into the rise and fall of Bankman-Fried. Scheduled for release on October 3, this book is already raising a lot of expectations.
The story of FTX, future best seller?
Michael Lewis, American bestselling author who is particularly known for his best seller “The Big Short” published in 2010 and dealing with the accumulation of the real estate bubble and credits in the early 2000s, or for his most recent book “The Premonition”, would be about to finish his book on FTX and its founder Sam Bankman-Fried.
The information is out during the Bitcoin 2023 conference which took place on May 18during which the author indicated that he had interviewed members of the circle close to Sam Bankman-Fried, in addition to a hundred individuals including employees of his various companies as well as American and Bahamian regulators .
Michael Lewis did not give a specific release date for the book, but according to Amazon, the latter should be released on October 3rd, which would roughly coincide with the date of the SBF trial. However, we know the name of the work, namely ” Going Infinite: the Rise and Fall of a New Tycoon which translates to “To Infinity: The Rise and Fall of a New Tycoon”.
According to Tom Penn, publisher of Michael Lewis (Penguin Books), the author would be the only one able to faithfully transcribe the story of Sam Bankman-Fried thanks to the exclusive proximity he was able to maintain with the former billionaire:
“Sam Bankman-Fried was worth billions; today, it is no longer worth anything. And yet, no one knows anything about him. […] No one except Michael Lewis, who was by his side when it all happened, and who takes us inside the mind and world of a character whose phenomenal rise and dizzying fall epitomizes our dizzying, disoriented times. »
👉 Find out which are the best sites to buy cryptocurrencies in 2023
Buy crypto on eToro
Exclusive insights into Sam Bankman-Fried and his empire
According to Michael Lewis, the book should faithfully retrace the story of Sam Bankman-Fried, the author having had the privilege of following him for almost 2 yearsincluding after the collapse of FTX, during which time the founder of FTX allowed him to come and interview him at his parents’ house in California.
Chance of things, the author of The Big Short reportedly close to finalizing shortly before FTX collapsedwith however the impression of not having a “finality”, as he himself explained through a conversation with a member of his entourage:
” Your problem is that you don’t have a third act. You got the first two acts, but you don’t have a third act “. A third act which will thus be made up of the collapse of FTX, which fell at the peak, and its hundred subsidiaries, including Alameda Research.
This book should thus lift the veil on many mysteries and make its share of revelations, even register as the greatest story of Michael Lewis, according to his publisher :
“It is a gripping, revealing, breathtaking account by one of the greatest chroniclers of our time – and his most important story to date. »
👉 On the same subject – FTX: platform executives wasted $220 million before bankruptcy
Our service dedicated to cryptocurrency investors. Get real-time analytics and optimize your crypto portfolio.
Sources: The Guardian, CoinTelegraph
Newsletter 🍞
Receive a summary of crypto news every Monday by email 👌
What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.
Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.