President Trump Changed 'Insane Regulation By Democrats', Pulled Investment 'Back To The US', Sam Bankman-Fried Claims

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

Sam Bankman-Fried connected Thursday reposted President Donald Trump‘s jobs study tweet, claiming for President Joe Biden “literally” prevented companies from operating successful America done regularisation portion Trump welcomes them back.

Bankman-Fried reposted Trump’s tweet celebrating jobs numbers and calling for little U.S. borrowing rates, arguing Biden forced companies offshore done intolerable regularisation portion Trump welcomes them back.

SBF accused Democrats of “insane regulation” requiring licenses but refusing to contented them, making it intolerable for companies to run legally successful America.

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He said the Department of Justice nether Biden indicted full industries, forcing prediction markets and crypto firms offshore.

“Under President Trump, that’s changed. The DOJ is nary longer indicting full industries,” SBF wrote, citing however liquid prediction markets present unfastened to Americans aft years offshore.

He besides attacked Democratic taxation argumentation for expanding firm taxes and creating loopholes that kept wealth offshore.

SBF credited Trump’s expanded concern taxation breaks for pulling concern backmost to the U.S.

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SBF’s caller proceedings question challenges his fraud conviction, alleging mendacious theft claims and caller grounds of FTX’s solvency.

He argues FTX was ne'er insolvent—it simply faced a short-term liquidity situation from a tally connected the exchange.

The halfway quality centers connected narrative. Prosecutors argued Bankman-Fried directed Alameda to commingle lawsuit funds, causing $8 cardinal successful losses done risky trading.

SBF claims the institution ever had capable assets to repay deposits successful full.

The question accuses DOJ of witnesser intimidation, threatening a fiancée to change grounds undermining the fraud narrative. If proven, this could severely undermine the prosecution’s flow-of-funds argument.

The reframing matters for markets. Shifting the $8 cardinal nonaccomplishment from imperishable fraud to impermanent cash-flow occupation changes perception. A palmy question would unit a caller trial, reopening the quality and creating uncertainty for crypto.

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SBF’s Trump endorsement contradicts his condemnation narrative—praising the medication portion serving 25 years for fraud.