FTX founder Sam Bankman-Fried says his arrest was politically motivated

On Wednesday, FTX founder Sam Bankman-Fried claimed his 2022 arrest was politically driven, saying the Biden administration targeted him after he started contributing to Republican ￰0￱ on GETTR, he explained that he had moderated his political views from center-left in 2020 to centrist by 2022, after seeing the aggressive crypto regulation by the SEC and the Justice ￰1￱ commented, “By 2022—having seen Gensler/Biden’s DOJ on crypto—I was a centrist, and (privately) donated tens of millions to ￰2￱ later, Biden’s anti-crypto SEC/DOJ went after ￰3￱ had me arrested weeks before the crypto bill I was working on was set for a vote — and the night before I was set to testify before Congress.” Gensler’s government phone had messages deleted for a period of time Around the time of Bankman-Fried’s arrest, House Republicans asked whether the arrest had been intentionally timed to prevent his ￰4￱ demanded that the then-SEC chair, Gary Gensler, furnish internal correspondence.

However, Bankman-Fried wrote in a new post that Gensler suggested the records at issue had ￰5￱ to the report of the SEC’s inspector general, released last month, an “enterprise wipe” was performed on Gensler’s government phone, which deleted text messages from October 2022 through September ￰6￱ device had stopped syncing with the agency’s system in July 2023 and was classified as “inactive” for more than two months, despite remaining operational, the office ￰7￱ those months, the SEC had consequently launched a series of high-profile actions against major exchanges, including Coinbase and ￰8￱ period also overlapped with the FTX collapse and Bankman-Fried’s subsequent arrest in the ￰9￱ far, Coinbase has accused the SEC of deleting close to a year’s worth of messages from Gensler’s phone and is seeking sanctions over what it is calling the “destruction of evidence.” Bankman-Fried is serving a 25-year sentence for fraud On December 12, 2022, Bankman-Fried was arrested in the Bahamas and extradited to the U.

S., where he was ￰10￱ the time, federal authorities alleged that Bankman-Fried planned the FTX fraud from day one and that it ultimately drove the exchange ￰11￱ after his arrest, Bankman-Fried was granted release on a $250 million bond and confined to his parents’ residence on Stanford’s campus, monitored by an ankle ￰12￱ was later remanded to custody due to allegations of witness tampering, and in under a year, a 12-member jury found Bankman-Fried guilty on every charge he faced. Currently, he’s serving a 25-year sentence but is seeking to overturn the conviction on ￰13￱ and his family have petitioned President Donald Trump for clemency, who recently pardoned Silk Road’s Ross ￰14￱ a separate GETTR post, the imprisoned FTX founder explained that his friend published his message on the site: “I can’t post directly; I dictate to a friend via approved BOP phone/email.” However, investigative journalist Laura Loomer has warned the public not to listen to any of Bankman-Fried’s ￰15￱ noted that the FTX founder would only “pretend like he was a victim of Joe Biden and the Democrats” to receive a ￰16￱ Bybit now and claim a $50 bonus in minutes