Former FTX CEO Sam Bankman-Fried recently appeared on the Tucker Carlson podcast, the latest stop on his media "image reshaping tour." In the program, SBF claimed that part of the reason he was sentenced to 25 years in prison was his increasingly close relationship with the Republican Party.
"In 2020, I was leaning towards the left, donating to Biden's campaign," SBF said, "but by the end of 2022, my private donations to the Republican Party were equivalent to those to the Democratic Party. This became known around the time of the FTX collapse and may have played a role."
In fact, SBF donated over $40 million to 196 members of Congress, including senior Republicans and Democrats, with about one-third of lawmakers receiving funds from him. He also criticized former SEC chairman Gary Gensler and the regulatory approach to the crypto industry in the interview.
A Google document exposed during SBF's trial showed that he had considered various ways to reshape his image, including "publicly criticizing political correctness" and "appearing on the Tucker Carlson show to show himself as a Republican." Now, with Republicans in control of Washington, this strategy is being implemented.
Reportedly, SBF's parents - former Stanford Law School professor Barbara Fried and Joseph Bankman - are meeting with lawyers and others in Trump's circle, trying to secure a presidential pardon for their son. SBF recently posted comments on social media about the difficulties of layoffs, which were criticized by the crypto community as an attempt to please the Trump administration.