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Michigan Post > Blog > Crypto & Web 3 > SBF desires Trump to know he was working with Republicans all alongside
Crypto & Web 3

SBF desires Trump to know he was working with Republicans all alongside

By Editorial Board Published February 21, 2025 3 Min Read
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SBF desires Trump to know he was working with Republicans all alongside

SBF desires Trump to know he was working with Republicans all alongside

Sam Bankman-Fried says he donated more cash to Republican causes than beforehand reported and that he now not vegetation his political flag on the center-left as he apparently makes an attempt to curry favor with Donald Trump’s administration.

A yr in the past, Bankman-Fried was sentenced to 25 years in jail for a number of felony offenses, together with wire fraud, conspiracy to commit fraud, and cash laundering conspiracy, all tied to the collapse of his crypto trade FTX.

Earlier than his spectacular downfall, he was the second largest donor to Biden’s election marketing campaign, behind solely Mike Bloomberg — a outcome, he says, of “not wanting the Democratic Party to become the party of Bernie Sanders.”

Nonetheless, talking to The New York Solar from Brooklyn’s Metropolitan Detention Middle, Bankman-Fried claims that “he had been giving to Republicans conservative causes a lot more than had been public” and that he had additionally “been working with Republicans a lot more than had been previously thought.”

In response to the previous billionaire, he spent years in Washington working with legislators, regulators, and the Govt Department on a “bunch of issues,” primarily linked to crypto regulation.

Nonetheless, he says that the Biden administration was “incredibly destructive and difficult to work with.” However, he claims, the Republicans he encountered have been “far more reasonable.”

Bankman-Fried additionally claims that he wasn’t given a “fair and balanced” trial, blaming — as Donald Trump has completed — that the Division of Justice (DoJ) was weaponized in opposition to him.

“The story the jury was told was false,” he claims, including that he believes political bias positively performed an element within the trial.

It’s possible that Bankman-Fried’s feedback are a not-to-subtle try to align himself with a Trump administration that has already freed one other high-profile crypto felony within the type of Silk Highway founder Ross Ulbricht and seems to share his distrust of the US authorized system.

Certainly, the choose who sentenced Bankman-Fried is similar one which oversaw Trump’s sexual assault trial and threatened to have him faraway from the courtroom.

“I know President Trump had a lot of frustrations with Judge Kaplan,” Bankman-Fried stated. “I certainly did as well.”

Bankman-Fried’s dad and mom reportedly met with Trump representatives earlier this yr in an effort to safe a pardon for his or her son. Nonetheless, Alan Dershowitz, the high-profile lawyer who helped safe clemency for quite a lot of people throughout Trump’s first time period and who has lately obtained related requests had some stark recommendation:

“Call me back in a month. “Right now Trump is busy doing other things.”

TAGGED:RepublicansSBFTrumpworking
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