Wed, 8 Jul 2026
Markets
DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14% DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14%
Trump's DOJ is not falling for Sam Bankman-Fried's MAGA makeover on X

Trump's DOJ is not falling for Sam Bankman-Fried's MAGA makeover on X

SBF is still twisting facts to hide FTX crypto losses, DOJ says to block new trial.

Ever since Donald Trump took office and declared himself a "pro-crypto president," FTX's disgraced founder, Sam Bankman-Fried, has been working to convince the administration that he's a Republican now.

The former Democratic megadonor apparently hopes that a right-wing pivot might help him escape a 25-year prison sentence ordered after Joe Biden's Department of Justice proved he stole more than $8 billion from customers of his cryptocurrency exchange.

These days, Bankman-Fried frequently praises Trump's policies and quotes his Truth Social posts on X, where his bio confirms that posts are: "SBF's words. Posted through a proxy." He also regularly rants against Democrats, including Biden officials who, he claimed in a motion for a new trial, intimidated FTX employees into lying on the stand or refusing to testify in order to take down Bankman-Fried as a political foe.

Read full article

Comments