Michael Lewis, best-selling author The Big Short and moneyballreveals that he is almost done with his book on Sam Bankman-Fried (SBF) and the November 2022 collapse of FTX. The title of the book is Going Infinite: the Rise and Fall of a New Tycoon. Funnily enough, Lewis was already working on SBF at the end of 2021, because a friend of his wanted to arrange a meeting between the two.
On May 19, Lewis was a guest speaker and shared the hope that the book will be released in October around the start of SBF criminal proceedings in America.
However, a quick search on Amazon tells us that the book is due out on October 3 for now. With this, Lewis and his publisher naturally hope to benefit from the extra attention surrounding the person SBF that will arise when the criminal proceedings begin.
According to rumors, Lewis was also almost done with the book in November 2022, until the stock market imploded and the story took a completely different turn. How interesting it would be to get our hands on the earlier version of the book as well, so we can see how Lewis initially felt about SBF.
The drama was the saving grace
During his speech at Bitcoin 2023, Lewis says that the drama surrounding FTX ultimately saved the book. “I had this conversation with a nice person who I used as a sounding board and he said, ‘Your problem is you don’t have a third part. You have the first two parts, but there is no third part.’ And I said, ‘You’re absolutely right about that. I don’t know how to end it.’ A week later, FTX imploded. I was so grateful,” said Lewis.
In itself it is strange to hear that someone can be so happy with the implosion of FTX. After all, for many people this meant the total blowing up of their savings. But one man’s dead is another man’s bread, shall we say.
For a writer who writes precisely on this subject, it is of course a huge saying to suddenly get so much spectacle. “It should read like a fiction. If you don’t know anything about crypto. If you don’t know who Sam Bankman-Fried is. You would think it was all made up,” Lewis said at Bitcoin 2023.
Lewis also said that he had some Bitcoin, but that it was all eventually swallowed up in the bankruptcy of FTX. Funnily enough, he is probably the only FTX user who will get richer precisely because of the bankruptcy of the exchange platform.