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this post was submitted on 11 Oct 2023
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This is the best summary I could come up with:
Sam Bankman-Fried aspired to one day become president of the United States, his ex-girlfriend and former Alameda Research CEO Caroline Ellison testified in court Tuesday.
"He said there was a 5% chance he might be president someday," Ellison said on the witness stand in the criminal trial against the disgraced crypto mogul.
In her testimony in a downtown Manhattan federal courtroom, the 28-year-old Ellison said Bankman-Fried shared his ambitions with her during their relationship, which moved in fits and starts over the course of about three years.
The two met while working at Jane Street, a quantitative investment firm, while Ellison was an intern and Bankman-Fried was a trader.
Last week, Bankman-Fried's biographer, Michael Lewis, revealed that the FTX cofounder even considered paying Donald Trump not to run for office in the 2024 presidential election.
A spokesperson for Trump told Insider's Lloyd Lee that SBF has been "outed as a fraudster and someone that can't be trusted."
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Getting called a fraudster by Trump… damn that’s got to hurt. How much humiliation can SBF take? What’s next? His mom talks to the press about his bed wetting as a kid?
Trump call literally everyone who doesn't kiss his ass a liar ("Fraudster" is too hard to say).