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Sam Bankman-Fried slammed the US regulators and Biden administration.  SBF termed SEC’s approach to crypto under former Chair Gary Gensler as a “nightmare.” SBF accepted that he made donations to Republicans secretly as well. Disgraced FTX founder Sam Bankman-Fried, now serving a 25-year sentence for fraud and conspiracy charges, gave a rare interview from federal prison, talking with former Fox News host Tucker Carlson..  During the 40-minute conversation, Bankman-Fried criticized US regulators, looked back on his own downfall, and hinted how he was unfairly targeted because of shifting political alliances. SBF Rips Regulators, Biden Admin Bankman-Fried did not mince words when talking about the Biden administration and the Securities and Exchange Commission (SEC) under former Chair Gary Gensler.  He called the early years of Biden’s presidency “shocking” and described the SEC’s approach to crypto regulation as “something of a nightmare.” Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life. (0:00) What Has Prison Been Like?(2:28) Was SBF Ever on Adderall?(4:42) SBF Meeting Diddy in Prison(7:01) How Prison Has Changed… pic.twitter.com/mNSNktLibg — Tucker Carlson (@TuckerCarlson) March 6, 2025 Trump Crypto Stance Gets Nod from SBF On the other hand, he did sound somewhat positive about Donald Trump’s stance on cryptocurrency. This is interesting given his past as a major donor to Democratic politicians.  He revealed that around late 2022, he had quietly started donating to Republican candidates too, saying he was deeply disappointed with the administration’s handling of financial regulations.  Related: From Prison, SBF Claims FTX Had Funds, Blames ‘Liquidity Panic’ “By late 2022, I was giving to Republicans privately as much as Democrats,” he said, suggesting that his bipartisan donations may have played a role in the scrutiny he later…

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Filed under: News - @ March 7, 2025 9:24 am