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SBF Points Fingers at Biden and SEC Amid FTX Controversy

Sam Bankman-Fried, the disgraced FTX founder serving a 25-year prison sentence, blamed the Biden administration for FTX’s collapse in a prison interview with Tucker Carlson.

He claimed government intervention forced the exchange into bankruptcy, insisting it was financially strong with $93 billion in assets before its downfall.

Bankman-Fried criticized Biden and SEC Chair Gary Gensler’s regulatory approach, calling it a “nightmare,” while expressing support for Donald Trump’s crypto stance. Despite his conviction, he maintained that crypto scams are less prevalent today than in the past and denied being a criminal.

He also suggested that Ryan Salame’s charges were politically motivated due to his Republican ties. As reports emerge that his parents are seeking a Trump pardon, Bankman-Fried’s comments signal a shift toward Republican policies, possibly as a legal and political strategy.

Image Credit: Pixabay

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