SBF revealed in prison: I privately donated tens of millions of dollars to the Republican Party, and then I was arrested!

SBF, in prison, helped by his "fren" to issue a statement through his community account, accusing U.S. regulators of obstructing his testimony before Congress, and claiming to have donated tens of millions of dollars to the Republican Party, only to be arrested by the Democrats. (Background: SBF's prison greetings create a huge stir: after six months of absence, he sends a "gm," FTT big pump of 45%) (Background info: Three Arrows Capital (3AC) summons SBF and other FTX executives to court: accused of illegal liquidation of $1.5 billion Position) Sam Bankman-Fried, who has fallen from grace on the Crypto Assets stage, (SBF) once again drops a bombshell. Although this FTX founder is in prison, he issued a statement through an agent on the GETTER platform. SBF stated that due to witnessing the U.S. government's strong actions against Crypto Assets, his political stance shifted from left-leaning to neutral, and he privately transferred "tens of millions of dollars" in political donations to the Republican Party, further accusing the SEC (SEC) and the Department of Justice of raiding and arresting him just before he was set to testify before Congress, aiming to prevent him from revealing the truth. In 2020, my stance was left-leaning. By 2022—after seeing the actions of Gensler/Biden's DOJ against the Crypto Assets industry—I became a centrist and (privately) donated tens of millions to the Republican Party. A few weeks later, the anti-Crypto Assets SEC/DOJ under the Biden administration took action against me. They arrested me just weeks before the Crypto Assets bill I was involved in drafting was about to go to a vote—right before I was scheduled to testify before Congress. House Republicans stated that my arrest was "to prevent Sam Bankman-Fried from testifying," and demanded Gensler provide information about the "timing of the charges and arrest," as it "raised serious questions." SBF publicly unverified "tens of millions of dollars" donations According to 2022 data revealed by OpenSecrets, FTX and related entities and employees donated a total of $70.1 million to political groups in the U.S. Public figures indicate that SBF primarily directed funds to the Democrats, while Ryan Salame, then an FTX executive, was the largest donor to the Republicans. SBF's claim of having "previously privately donated tens of millions to the Republicans" lacks clear corresponding financial records. It can be observed that SBF's criticisms of the Democrats and his shift in political stance occurred mainly after the collapse of FTX and his prosecution. Observers speculate that his high-profile emphasis on "bipartisan layout" might aim to garner sympathy from the Republican government, seeking future appeal or pardon opportunities. What secrets does the congressional testimony hold? SBF was originally scheduled to attend a U.S. congressional hearing in December 2022 but was captured in the Bahamas the night before. If what he says is true, the timing of his arrest raises questions about potential political considerations. It also leaves room to wonder what shocking revelations SBF might have presented at the hearing. House Republicans have begun investigating former SEC Chairman Gary Gensler's "missing text message incident," where all official text messages and communication records during a critical period have gone missing, including content related to the FTX investigation, raising suspicions that regulatory agencies may have intentionally concealed internal discussions, adding to the opacity of law enforcement actions. Sullivan & Cromwell caught up in the storm SBF further named the bankruptcy law firm Sullivan & Cromwell in his statement, claiming that the firm had closely collaborated with prosecutors even before FTX filed for bankruptcy, effectively acting as "federal agents." The firm indeed played a leading role in the bankruptcy proceedings, but whether they cooperated with the government in advance remains to be directly evidenced. Nonetheless, SBF's focus on the representative lawyers highlights his intent to undermine the legitimacy of the prosecution and the bankruptcy management parties. Whether SBF's statement strategy can rewrite his fate in court remains uncertain; his arguments may not be reliable, given that SBF is a "significant financial fraudster" with a tarnished reputation. However, the questions he raises, such as whether regulatory agencies are transparent, how political donations affect policies, and the role of lawyers in bankruptcy proceedings, are publicly spotlighted. Ensuring the fairness and credibility of Crypto Assets regulatory mechanisms will be a core issue that governments worldwide must confront in the next phase. Related reports FTX repays! Third round of payment distribution starts on September 30! Total amount $1.6 billion How to reclaim $380 million when FTX Chinese creditors are discriminated against? "SBF prison revelations: I privately donated tens of millions of dollars to the Republican Party, and then was arrested!" This article was first published in BlockTempo, the most influential Blockchain news media.