Sam Bankman-Fried, the founder of FTX, who previously supported the Democratic Party, now criticizes Biden's administration and supports Donald Trump, hoping for a presidential pardon.
Bankman-Fried Criticizes Biden, Backs Trump
Bankman-Fried expressed frustration with Biden's administration and the Democratic Party, stating: “I became really frustrated and disappointed with what I saw of the Biden administration and the Democratic Party.” His new rhetoric aligns with Trump’s assertions of political persecution by the U.S. DOJ.
The Pardon Bid Explained
Bankman-Fried is serving a 25-year sentence for fraud, and his family is seeking a pardon from Donald Trump. Tump had previously granted clemency to Ross Ulbricht in 2024. However, experts question Bankman-Fried’s chances of success.
Connections to Trump and Case Nuances
Bankman-Fried noted that his judge, Lewis Kaplan, also presided over a case against Trump, adding political dimensions to his case. He suggests that politics may have played a role in his conviction.
Sam Bankman-Fried is seeking political support from Trump circles, hoping for a pardon, but experts give him slim chances.
