Sam Bankman-Fried, the founder of FTX exchange serving a 25-year sentence for fraud and conspiracy, has reappeared online questioning the motives behind his prosecution.
- Bankman-Fried accuses the Biden's Department of Justice of targeting him in a recent online post.
- He has also reflected on his political stance, alleging it has shifted due to the government's position on cryptocurrency.
- The posts have garnered attention as FTX's new management continues efforts to recover assets and reimburse creditors.
Sam Bankman-Fried (SBF) has resurfaced on the social platform GETTR, posting two short but pointed messages that appear to question the motives behind his prosecution.
In a post on 14 Oct, he lamented the lack of scrutiny towards the Justice Department’s motives: ‘The media have never questioned why Biden’s DOJ went after me. Even now, as FTX customers are repaid...’
In another, he reflected on his political stance before and after the collapse of his exchange: ‘In 2020, I was center-left. By 2022, having seen Gensler/Biden’s DOJ on crypto, I was centrist.’
Bankman-Fried, the founder of the FTX exchange, is currently serving a 25-year prison sentence in the US after being convicted on multiple fraud and conspiracy charges earlier this year. Prosecutors said he misused billions of dollars in customer deposits to fund political donations, property purchases, and investments through his trading firm, Alameda Research.
A rare public appearance?
The posts have drawn renewed attention to one of the most prominent figures in the cryptocurrency industry’s recent history. They come as FTX’s new management continues efforts to recover assets and reimburse creditors, reporting in recent months that customer repayments are progressing.
It remains unclear how Bankman-Fried was able to post on the platform or whether the messages were issued directly by him. Neither his legal representative nor GETTR has commented publicly on the matter.
