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

February 21, 2025
in Crypto Updates
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Sam “SBF” Bankman-Fried, former CEO of the bankrupt crypto change 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 assist for US President Donald Trump and praises Elon Musk’s strategy to authorities reform, in line 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 stated through the 45-minute dialog, “I turned 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% reduce. They want a 30, 50, 70% [cut], however after all they should be rebuilt in the proper manner”.

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

SBF advised that he has been constructing connections with conservatives. He stated, “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 assist of Roger Ver, also referred to as “Bitcoin


BTC

$95,539.07

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 Struggle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire largest points and struggles that crypto fans 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 the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the house as we all know it, and make it extra approachable to finish newbies.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market developments, and searching for the subsequent supernova.



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Tags: DemocratsDitchesFTXsPresidentSBFseeksTrumps
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