Sam Bankman-Fried, the founder of FTX, is currently in jail and facing multiple federal charges
He was a significant political donor to both Democrats and Republicans in the past
Sam Bankman-Fried once considered the idea of paying Donald Trump not to run for office in 2024
Author Michael Lewis, in his book "Going Infinite: The Rise and Fall of a New Tycoon
Author Michael Lewis, in his book "Going Infinite: The Rise and Fall of a New Tycoon," revealed that a potential figure of $5 billion was discussed regarding this idea
It remains unclear whether the $5 billion figure came directly from Donald Trump himself
Bankman-Fried donated $40 million to Democrats during the 2022 midterm elections
He also admitted to being a large donor to the Republican party at one point
Bankman-Fried's net worth once reached $26.5 billion, making him a prominent figure in the crypto world
However, his crypto exchange empire, FTX, faced a downfall in 2022, leading to Chapter 11 bankruptcy
Bankman-Fried is currently detained in a Brooklyn detention center, facing seven federal charges, including wire fraud and money laundering