“I Think They’re Crazy”: Michael Lewis responds back at critics of his new book “Going Infinite”
Author Michael Lewis is pushing back against critics who accuse him of being overly sympathetic to crypto tycoon Sam Bankman-Fried in his latest book. In an interview with ABC News on Wednesday, Lewis contends that these criticisms are misguided, stating “I think they’re crazy.” “There are two sides to this story — the defense’s perspective […]
FTX founder lost millions in early days of trading, claims biographer Michael Lewis
Michael Lewis, renowned author, claimed in his biography of Bankman-Fried “Going Infinite.” that Sam Bankman-Fried, founder of Alameda Research, nearly lost millions from initial fundraising efforts. Bankman-Fried raised nearly $170 million from investors who were part of the ‘Effective Altruism’ community. With the intention to invest these funds in the growing, yet inefficient, crypto markets, […]
Kevin O’leary predicts end of ‘crypto cowboys’ era
The Canadian businessman and television star, Kevin O’Leary, has forecasted the fall of the “crypto cowboys” with the impending industry regulation. Nonetheless, O’Leary remains optimistic about the future of cryptocurrency. O’Leary, who previously served as a paid representative for the now-defunct FTX exchange, anticipates that the era of “crypto cowboys” will soon be over. “They’re […]
Author Michael Lewis criticized over comments on defunct FTX Exchange
Michael Lewis, a well-known financial journalist and author, has been on the receiving end of significant backlash from the cryptocurrency community for his remarks on the now-liquidated FTX exchange. Lewis suggested in a recent interview that FTX had a viable business model. The author implied that if it weren’t for doubts about the exchange’s operations, […]