Convicted felon crypto fraudster Sam Bankman-Fried on Monday told Fox Business News he’s formally applied for a pardon from convicted felon President Trump, arguing to a reporter that his now-collapsed digital Monopoly money house FTX’s “customers have been repaid now 170 percent or so on their deposits. It’s one of the very few cases where the platform was over-collateralized, where customers were more than made whole. And yet there was, you know, not just a criminal investigation, but a prosecution. And, you know, dozens of years of sentence[s].”
“SBF” was hit with 25 years in the joint for an extremely convoluted scam where he was using customer deposits in FTX to fund pump up some other digital MacGuffin integral to amassing his peak $30 billion net worth before his downfall – a period during which he supposedly tried to bribe the Orange God Emperor with $5 billion not to run in 2024. Apparently SBF’s strategy now is to act as though that’s all water under the bridge by getting out of prison and then, presumably, finding some other way to bribe Trump in return for the favor. Like his former rival “CZ” did.
“I think SpaceX has extremely large potential, There are some parallels here where… frankly, there are very few companies that are well positioned to play a large role in the space industry,” Bankman-Fried said in his Fox Business News interview, quotes the outlet printed as though he were some hedge fund manager on the sidelines at Davos rather than a federal prison inmate likely talking to them via a collect call. “It’s one of those very few companies and I foresee it having an extremely large amount of upside, you know, even from where it is today, let alone where it was when we invested. And, you know, very few people have been able to grow companies like Elon has.”