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SBF angles for presidential pardon with tweets praising Donald Trump

CoinDesk
Sam Bankman-Fried is publicly praising Donald Trump in an apparent attempt to secure a presidential pardon.

Summary

Jailed FTX founder Sam Bankman-Fried has been publicly praising Donald Trump, fueling speculation he seeks a presidential pardon. He recently supported Trump’s strikes against Iran, citing reduced nuclear risk and Iran’s diminished military capacity. Bankman-Fried has also highlighted lower gas prices under Trump and credited him with improving the SEC's approach to crypto. This shift in tone is notable given his 25-year sentence for fraud, as Trump has a history of granting clemency. Meanwhile, FTX is distributing $2.2 billion to creditors, but the collapse continues to impact the crypto market. Bankman-Fried’s lawyers have filed for a new trial, but his public messaging suggests a broader strategy to influence his fate.

(Source:CoinDesk)