Trump's DOJ is not falling for Sam Bankman-Fried's MAGA makeover on X
Ever since Donald Trump took office and declared himself a "pro-crypto president," FTX's disgraced founder, Sam Bankman-Fried, has been working to convince the administration that he's a Republican now.
The former Democratic megadonor apparently hopes that a right-wing pivot might help him escape a [25-year prison sentence][1] ordered after Joe Biden's Department of Justice proved he stole more than $8 billion from customers of his cryptocurrency exchange.
These days, Bankman-Fried frequently praises Trump's policies and quotes his Truth Social posts on X, where his bio confirms that posts are: "SBF's words. Posted through a proxy." He also regularly rants against Democrats, including Biden officials who, he claimed in a [motion][2] for a new trial, intimidated FTX employees into lying on the stand or refusing to testify in order to take down Bankman-Fried as a political foe.
[Read full article][3]
[Comments][4]
[1]:
https://arstechnica.com/tech-policy/2024/03/ftx-fraudster…
[2]:
https://cdn.arstechnica.net/wp-content/uploads/2026/03/US…
[3]:
https://arstechnica.com/tech-policy/2026/03/trumps-doj-is…
[4]:
https://arstechnica.com/tech-policy/2026/03/trumps-doj-is…
Sam Bankman-Fried, disgraced co-founder of FTX.
https://arstechnica.com/tech-policy/2026/03/trumps-doj-is…