From Crypto King to Pardon-Seeking Prisoner: SBF's Final Gamble Fails

比推2026-02-25 tarihinde yayınlandı2026-02-25 tarihinde güncellendi

Özet

Sam Bankman-Fried (SBF), the convicted cryptocurrency fraudster and former major Democratic donor, has recently adopted a pro-Trump and MAGA-aligned rhetoric in a series of social media posts from prison, where he is serving a 25-year sentence. He publicly praised Donald Trump and criticized what he called a politically biased judicial system, aiming to seek a presidential pardon. Despite his efforts to align with conservative causes and even appearing on Tucker Carlson’s show, the Trump administration has explicitly stated it has no intention of pardoning SBF. His shift to the right—including attacks on the “deep state” and endorsements of free speech platforms like Truth Social—is seen as a strategic yet futile attempt to gain freedom, given his history as a top Biden donor and his notorious reputation in the crypto industry. SBF continues to appeal his conviction while maintaining an active, proxy-managed presence on X.

Author: Fortune

Compiled by: Felix, PANews

Original Title: "Startled from a dying illness," SBF desperately flatters Trump for pardon but gets rejected

Convicted cryptocurrency fraudster Sam Bankman-Fried (SBF) was once a major donor to the Democratic Party, but his recent public statements have taken on a distinct "MAGA" (Make America Great Again) flavor. In a recent manifesto posted on the X platform, he wrote: "Judge Lewis Kaplan, appointed by Clinton, showed no hesitation in revealing his political bias when sentencing me. I admire President Donald Trump because he dares to stand against this 'biased, out-of-control radical'!"

This is just one of dozens of tweets SBF has posted in recent weeks, filled with attacks on the "Deep State" and other MAGA villains. Despite being one of the most notorious financial criminals of the century, currently serving a 25-year sentence in federal prison, he remains active.

Although SBF has not explicitly stated it, the purpose of his social media frenzy is obvious: to persuade President Donald Trump to free him from prison. Given that Trump has pardoned several high-profile individuals convicted of financial crimes, including SBF's former rival, Binance founder Changpeng Zhao (CZ), this strategy seems logical.

However, for SBF, his plea for Trump's mercy appears futile. In response to recent social media advocacy, a White House spokesperson reiterated to Fortune magazine that Trump has no intention of pardoning SBF.

In an email, the spokesperson referenced Trump's remarks in January of this year, when the president clearly stated that he does not plan to pardon SBF or several other high-profile prisoners, including former New Jersey Senator Robert Menendez and ousted Venezuelan President Nicolás Maduro. The spokesperson wrote: "The president is the final arbiter of all pardon matters."

SBF's lawyers did not respond to this matter.

Failed Attempt

SBF has long been a supporter of progressive causes. His parents are Stanford law professors with considerable influence among top Democrats. But when SBF's fraudulent crypto empire collapsed in November 2022, the founder began planning a shift to the right. During the trial, a private document revealed that SBF planned to appear on conservative TV host Tucker Carlson's show and "come out as a Republican."

On the surface, this strategy seemed reasonable, especially in the current political climate. Trump is set to take office in January 2025 and has promised to roll back the Biden administration's crackdown on cryptocurrencies. Under Trump's leadership, regulators have withdrawn key lawsuits against blockchain companies, and the Department of Justice has shifted its approach to cryptocurrency enforcement.

However, Washington insiders say that SBF's status as a top donor to Biden, combined with his continued notoriety in the crypto industry, makes his pardon plea a long shot. Even his unauthorized appearance on Tucker Carlson's show last year (which reportedly landed him in solitary confinement) failed to turn the tide.

Despite the slim chances, SBF has not given up. He is also appealing his conviction in federal appellate court. His X account is filled with posts promoting his newly adopted conservative identity, which critics have dubbed a "puppet account." (In his bio, SBF clarifies that he conveys content to agents via Bureau of Prisons-approved phones and emails for posting.)

His recent post reads: "Democrats love to censor 'misinformation' on social media," followed by praise for Trump's campaign platform. "Truth Social and GETTR have always prioritized free speech."

Twitter:https://twitter.com/BitpushNewsCN

Bitpush TG Group:https://t.me/BitPushCommunity

Bitpush TG Subscription: https://t.me/bitpush

Original link:https://www.bitpush.news/articles/7614352

İlgili Sorular

QWhat was the main reason SBF (Sam Bankman-Fried) started publicly supporting Donald Trump and MAGA ideology?

ASBF started publicly supporting Donald Trump and the MAGA ideology in an attempt to seek a presidential pardon from Trump, hoping to be released from his 25-year prison sentence for cryptocurrency fraud.

QAccording to the article, what was the White House's response to SBF's attempts to gain a pardon?

AA White House spokesperson stated that President Trump has no intention of pardoning SBF, reiterating Trump's earlier position from January that he would not pardon SBF or other high-profile prisoners.

QHow did SBF's political affiliations change after the collapse of his crypto empire in November 2022?

AAfter the collapse of his crypto empire, SBF began to shift towards the right wing. He planned to appear on conservative commentator Tucker Carlson's show and present himself as a Republican, despite previously being a major donor to the Democratic Party.

QWhat method does SBF use to post on social media while in federal prison?

ASBF posts on social media by relaying content through an agent using a phone and email approved by the Bureau of Prisons, as clarified in his profile.

QBesides his appeal in federal appellate court, what other action is SBF taking to try to overturn his conviction?

ABesides his legal appeal, SBF is actively posting on social media to promote his newly adopted conservative identity and criticize his perceived political enemies, in a continued effort to seek a pardon.

İlgili Okumalar

Here’s how Cardano whales may be shaping ADA’s price action

The altcoin market is consolidating, potentially setting up for a breakout. Cardano (ADA) is showing bullish signs with an 8.66% rally and a recovering ADA/BTC ratio. Its price is holding above a historical support level at $0.20, suggesting a possible bottom formation that could mirror its 2020 rally. Notably, whale wallets holding 100k to 100 million ADA have accumulated over 819 million coins in six months, creating a supply shock. Despite this accumulation, ADA's price momentum has remained muted, closing Q1 down 60%. A key technical setup is forming as ADA approaches a short liquidity zone near $0.27. With bullish technicals and whale activity, a squeeze could push the price toward the $0.30 resistance. Conversely, if the breakout fails, it may indicate whales are manipulating the market by trapping short sellers and profiting from the resulting volatility, creating a cyclical pattern.

ambcrypto8 dk önce

Here’s how Cardano whales may be shaping ADA’s price action

ambcrypto8 dk önce

Cardano’s Price Remains Under Downside Pressure, But Here’s What Investors Are Up To

Cardano's price continues to face downward pressure, recently retesting the $0.25 level amid broader market weakness. However, on-chain data reveals a contrasting trend: large investors (whales and sharks) have been accumulating ADA significantly over the past six months. These holders, with wallets containing between 100,000 and 100 million ADA, have collectively acquired over 819 million ADA (worth ~$214 million), adding 1.6% to the total supply despite the 71% decline from its $0.90 peak. This sustained accumulation suggests growing long-term conviction. Analysts note ADA is in a multi-year correction phase, and such prolonged compression has historically preceded major price expansions, indicating a potential structural shift may be underway.

bitcoinist9 dk önce

Cardano’s Price Remains Under Downside Pressure, But Here’s What Investors Are Up To

bitcoinist9 dk önce

NVIDIA 'Extends Life' for U.S. Stocks; Web4.0 Social Platform Goes Viral, But What's Its Actual Use?

This article discusses trending topics among crypto influencers over the past 24 hours, focusing on two main themes: the emergence of the Web4.0 social platform Elys and Nvidia's latest earnings report. Elys, a new AI-driven social platform, has gained attention but received mixed feedback. Users note that while it is entertaining to have an AI分身 (AI avatar) handle social interactions, the platform currently suffers from an imbalance between AI and real human users. Some find it difficult to see its practical value amid the overwhelming number of new AI tools available, while others feel that AI-mediated communication risks making even meaningful social exchanges feel superficial. Additionally, the piece highlights concerns about broader AI risks and ethical implications, though specific examples are not detailed in the provided text. On the financial side, Nvidia reported impressive earnings, exceeding expectations for the 14th consecutive quarter. The results, particularly strong performance in its data center segment, provided a significant boost to U.S. stocks and Bitcoin, according to commentators. However, the market reaction was volatile, with a post-announcement surge followed by a pullback, leading to observations of a familiar pattern of whipsaw price action before stabilization. The content is sourced from social platform X (formerly Twitter) and includes a disclaimer that the views expressed are personal opinions and not investment advice.

比推17 dk önce

NVIDIA 'Extends Life' for U.S. Stocks; Web4.0 Social Platform Goes Viral, But What's Its Actual Use?

比推17 dk önce

NVIDIA Q4 Revenue Surges 73%, Q1 Guidance 'Explosive' Hits New High, Jensen Huang Raises 500 Billion Revenue Forecast

NVIDIA reported record-breaking Q4 FY2026 results, with revenue surging 73% year-over-year to $68.13 billion, significantly exceeding analyst expectations. Non-GAAP EPS grew over 80%, and gross margin reached a new high of 75.2%. The Data Center segment was the primary growth driver, with revenue up 75% to $62.31 billion, fueled by strong demand for AI computing and a 263% surge in Networking revenue. Gaming and Professional Visualization also saw robust growth. For Q1 FY2027, NVIDIA provided strong guidance, forecasting revenue of approximately $78 billion (up nearly 77% YoY), again surpassing consensus estimates. The company noted this outlook excludes Data Center compute revenue from China. CEO Jensen Huang raised the company's chip revenue target, stating they will exceed the previously stated $500 billion goal for orders through 2026, driven by next-generation Rubin chips and sustained AI demand. However, the stock experienced volatility post-earnings as investors weighed concerns over AI economic overheating and a change in non-GAAP accounting to include stock-based compensation.

marsbit54 dk önce

NVIDIA Q4 Revenue Surges 73%, Q1 Guidance 'Explosive' Hits New High, Jensen Huang Raises 500 Billion Revenue Forecast

marsbit54 dk önce

Wall Street's Most Mysterious Money Machine: Dumping Bitcoin at 10 AM Sharp Every Day

A mysterious pattern dubbed the "Jane 10 AM Dump" has been observed in Bitcoin markets, where prices drop sharply each day at 10 AM EST, coinciding with the US stock market open. Traders and media, including ZeroHedge, point to Jane Street, a major market maker and large holder of BlackRock's Bitcoin ETF (IBIT), as the likely orchestrator—selling at 10 AM to then buy back at lower prices. This theory gained traction amid a lawsuit from Terraform Labs' bankruptcy estate. The suit alleges Jane Street used insider information to exit TerraUSD (UST) positions just before its May 2022 collapse, avoiding $40 billion in losses. Key to the case is a former Terra intern, Bryce Pratt, who joined Jane Street and allegedly ran a secret chat group ("Bryce's Secret") to funnel non-public information from Terraform insiders. The complaint details that Jane Street, which had a prior trading relationship with Terraform, withdrew 85 million UST from a liquidity pool minutes after Terraform secretly pulled 150 million UST—before public panic began. Chain analysis suggests Jane Street systematically reduced exposure pre-collapse. Further supporting the pattern of misconduct, India's regulator SEBI fined Jane Street a record $570 million for a "pump-and-dump" scheme manipulating banking index options, exploiting retail investors. While unproven, the cases depict Jane Street as a powerful, secretive firm adept at leveraging information advantages, now under scrutiny for practices that blur ethical and legal lines. The "10 AM dump" pattern reportedly stopped after the Terra lawsuit, adding circumstantial weight to the allegations.

marsbit1 saat önce

Wall Street's Most Mysterious Money Machine: Dumping Bitcoin at 10 AM Sharp Every Day

marsbit1 saat önce

İşlemler

Spot

Futures