Coffeezilla Left 'Speechless' Over Michael Lewis' New Sam Bankman-Fried Book: 'It Is A Full-Out Defense Of SBF'
Portfolio Pulse from Mehab Qureshi
Crypto journalist Coffeezilla criticized Michael Lewis' new book about Sam Bankman-Fried (SBF), the founder of FTX, who is facing trial for alleged fraud. The book, 'Going Infinite: The Rise and Fall of a New Tycoon', is seen by Coffeezilla as a defense of SBF rather than a critical examination of his actions. The book details FTX's journey under SBF's leadership, but Coffeezilla suggests it presents a positive image of SBF, contradicting court filings and investor losses. SBF is charged with multiple counts of fraud and conspiracy, each carrying a maximum sentence of 20 years.

October 05, 2023 | 11:33 am
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NEGATIVE IMPACT
The news about the trial of FTX founder Sam Bankman-Fried could potentially impact the price of Bitcoin (BTC).
The trial of Sam Bankman-Fried, the founder of FTX, could potentially impact the price of Bitcoin. If the trial results in a negative outcome for SBF, it could create uncertainty in the crypto market, which could potentially lead to a decrease in the price of Bitcoin.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50