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FTX’s SBF Ditches Democrats, Seeks President Trump’s Help

21 February 2025
in Crypto Updates
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Sam “SBF” Bankman-Fried, former CEO of the bankrupt crypto alternate FTX, is shifting his political stance whereas serving a 25-year sentence in a Brooklyn jail for defrauding FTX prospects.

As soon as a significant donor to Democratic campaigns, he now voices help for US President Donald Trump and praises Elon Musk’s method to authorities reform, in accordance with a February 20 interview with The New York Solar.

Within the interview, Bankman-Fried criticized President Biden’s administration and the authorized system that convicted him. He mentioned throughout the 45-minute dialog, “I grew to become actually annoyed and upset with what I noticed of Biden’s administration”.

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SBF additionally spoke favorably about Musk, admiring his willingness to make deep cuts in federal companies. He said, “Some issues truly do want greater than a ten% lower. They want a 30, 50, 70% [cut], however in fact they should be rebuilt in the appropriate method”.

In the meantime, SBF’s mother and father are reportedly on the lookout for methods to safe a presidential pardon for his or her son. In line with experiences from Bloomberg, they’ve been in touch with folks near President Trump’s circle to discover the likelihood.

SBF steered that he has been constructing connections with conservatives. He mentioned, “I’ve been working with Republicans much more than had been beforehand thought”.

Not too long ago, Ross Ulbricht, the pardoned former CEO of Silk Street, spoke out in help of Roger Ver, often known as “Bitcoin


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$95,452.52

Jesus”. What did he say? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Battle II period.With near a decade of expertise within the FinTech business, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for every part and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established retailers, and is a printed creator himself. Even throughout his free time, he enjoys researching the market traits, and on the lookout for the following supernova.



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Tags: DemocratsDitchesFTXsPresidentSBFSeeksTrumps
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