- Sam Bankman-Fried’s proxy-run X account is posting market gains under President Trump, mirroring a tactic used by former Attorney General Pam Bondi.
- The posts, which tag @realDonaldTrump, draw comparisons showing a 22.8% S&P 500 rise since Trump’s second inauguration versus 7% under President Biden at the same point.
- This campaign follows reported lobbying efforts by SBF’s parents for a pardon or clemency, which the White House has denied and lawmakers have described as “dead on arrival.”
- SBF is serving a 25-year sentence for fraud at FCI Lompoc and continues the posts despite public denials from Trump regarding a pardon.
From his prison cell at FCI Lompoc, convicted FTX founder Sam Bankman-Fried is using a proxy-run X account to publicly champion President Donald Trump’s economic record. His latest post claimed the S&P 500 hit a record 7,365, rallying 22.8% since Trump’s second inauguration compared to just 7% under President Biden.
The strategy is a near-perfect echo of the “Dow 50K” rhetoric used by former Attorney General Pam Bondi before Trump fired her. Consequently, SBF’s consistent posts appear aimed at a single audience for a potential pardon. However, a White House spokesperson Binance-cz-crypto-tucker-carlson/” target=”_blank” rel=”noreferrer noopener”>restated Trump’s denial to Fortune in February.
Lawmakers from both parties have described the plea as dead on arrival. Meanwhile, SBF’s account continues its unwavering editorial line that everything is better under Trump. He still faces roughly 18 years remaining on his 25-year sentence for fraud.
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