Trump's Crypto Stance Endorsed by SBF
FTX founder Sam Bankman-Fried recently took to social media to express his support for former President Donald Trump's approach to cryptocurrency, while criticizing the Biden administration's handling of the industry.
SBF stated that Trump's direction on crypto policy was on the right track, whereas Biden's approach has caused significant setbacks for the sector, particularly with his appointment of Gary Gensler as SEC chair.
Trump's Global Perception and Potential Pardon
SBF also noted that many world leaders he has spoken with are frustrated with the Biden administration's strategies. Meanwhile, crypto prediction market Polymarket suggests there's a 17% chance Trump could pardon SBF before 2027.
- SBF backs Trump's crypto policy direction
- Criticism aimed at Biden's impact on the crypto industry
- Polymarket assesses the likelihood of a Trump-era pardon