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FTX: Bestselling author ‘The Big Short’ set to release book on Sam Bankman-Fried’s empire

Nicholas by Nicholas
May 21, 2023
in Crypto
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FTX: Bestselling author ‘The Big Short’ set to release book on Sam Bankman-Fried’s empire

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.

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https://cryptoast.fr/ftx-auteur-best-seller-the-big-short-apprete-sortir-livre-empire-sam-bankman-fried/

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. »

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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

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Sources: The Guardian, CoinTelegraph

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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.

Maximilien Prue

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