Sam Bankman-Fried, the founder of FTX, recently expressed discontent with the Biden administration, supported Trump, and hinted at hopes for a presidential pardon.
Criticizing Biden and Supporting Trump
Once a major donor to the Democratic Party, Sam Bankman-Fried expressed deep dissatisfaction with the Biden administration. He stated, 'I became really frustrated and disappointed with what I saw of the Biden administration and the Democratic Party.' His rhetoric now aligns more closely with Trump's accusations of political persecution by the Department of Justice.
Efforts to Seek a Pardon
Sentenced to 25 years for fraud, Bankman-Fried is attempting to gain a pardon from Trump. His family has reached out for support, echoing the case of Ross Ulbricht, who received a pardon from Trump in 2024.
Political Connection with Trump
Bankman-Fried noted that Judge Lewis Kaplan, who oversaw his trial, also handled the case against Trump. This ties his situation to Trump, adding political subtleties. He remarked, 'When politics get involved—both in a partisan sense and in career advancement for law enforcement—it blows everything out of proportion.'
Sam Bankman-Fried, in complex legal standing, shifts political allegiance in hopes of securing a pardon. Despite efforts, experts deem his chances for clemency unlikely.