Sam-Bankman Fried is as soon as once more arguing that he is harmless.
The previous FTX chief posted a prolonged doc on X this week claiming that the change “was by no means bancrupt” and that chapter attorneys, not dangerous steadiness sheets, had been in charge for the corporate’s collapse.
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The doc is full of tables exhibiting hypothetical “mark-to-market” good points on property FTX as soon as held, from Solana to Anthropic, implying the corporate can be price over $100 billion immediately if not for the attorneys.
But lots of the doc’s central claims, just like the assertion that FTX “was by no means bancrupt” and will have repaid clients in full, doesn’t line up with monetary filings.
The put up is the most recent volley in Bankman-Fried’s broader marketing campaign to reframe his conviction and win political sympathy. As The New York Instances reported, his mother and father and authorized allies have been quietly lobbying for a presidential pardon, enlisting Trump-connected lawyer Kory Langhofer and even arranging a jailhouse interview with Tucker Carlson.
Prediction market merchants on Kalshi give him solely a few 10% likelihood of receiving a Trump pardon, suggesting that the put up could also be aimed as a lot at shifting these odds by way of a rehabilitation of his picture as at rewriting FTX’s historical past.
