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Sam Bankman-Fried applies for a pardon from Trump

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Re: Sam Bankman-Fried applies for a pardon from Trump

#51
post #38

Earlier quoted context omitted.

you forget how racist trump is

[flagged]

This is a 5 minute search compared to your zero evidence.

https://www.nytimes.com/interactive/2018/01/15/opinion/leonh...

https://apnews.com/article/fact-check-trump-racism-election-...

https://www.npr.org/2026/03/27/nx-s1-5763863/hegseth-soldier...

Re: Sam Bankman-Fried applies for a pardon from Trump

#52
post #26

Earlier quoted context omitted.

Unlike CZ, who made Trump and his family hundreds of millions if not billions of dollars, SBF has absolutely nothing to offer Trump. He's broke and a complete outcast. Ross Ulbricht became a cause celebre among libertarians, but SBF was always genuinely despised by pretty much everyone.

Don't be a clown. If SBF was out of jail he could raise a twenty billion dollar fund tomorrow. His Anthropic investment alone would give him credibility. If it hadn't been liquidated for pennies FTX would have been one of the best performing funds of all time, even with the theft and mismanagement.

This is a good point. We should just let all the ponzi schemes that are currently underway ride. Maybe they made good investments that will return 100x. The only way to know is to not intervene.

Re: Sam Bankman-Fried applies for a pardon from Trump

#54
post #38

Earlier quoted context omitted.

you forget how racist trump is

[flagged]

Virtually every American president is/was racist. If they weren't, they'd have more care and concern for the innocent lives taken by US created/backed wars/genocides.

Re: Sam Bankman-Fried applies for a pardon from Trump

#56

Earlier quoted context omitted.

> FTX would have been one of the best performing funds of all time Ponzi schemes often have that feature. Right up until the bottom completely falls out.

It wasn't a Ponzi scheme. You really need to read up before commenting. It was a wildly successful fund he used as a slush fund for other projects. There's no mechanism for FTX to collapse unless Anthropic among other projects collapses to zero.

Alameda was only profitable in the years when Bitcoin was going up. By 2022 their trading operations were deeply negative (hence the decision to steal customer funds).

Re: Sam Bankman-Fried applies for a pardon from Trump

#57
Well, he knows the price for this service - you donate 2 billion real USD to Mr. Orange private shittoken scam "fund" and you go free. He should scrounge his pockets or ask his cronies to prepare a required fee.

https://www.cnbc.com/2026/01/23/pardon-binance-founder-cz-tr...

Re: Sam Bankman-Fried applies for a pardon from Trump

#58

Staff working for Giuliani reported that pardons cost $2,000,000.

that's it? seems low

It's important to remember that Trump was actually relatively cash poor when he ran for president.

If you get rid of all his insane statements about his own wealth, his entire fortune boils down to a skyscraper, a resort, and a handful of piddling licensing deals. His realistic net worth was probably closer to, $500 million and the annual discretionary free cash flow closer to $20 - $40 million.

So, yeah. A single $2 million dollar ... erm... "emolument" would be something like 5-10% of his annual cashflow for a year. He might have taken over a 100 of these - that's a substantial boon!

Re: Sam Bankman-Fried applies for a pardon from Trump

#59
post #8

Staff working for Giuliani reported that pardons cost $2,000,000.

If it were that cheap Sean Combs would be a free man. They probably increase the expected bribe based on your perceived ability to pay.

Apparently his net worth peaked at a billion dollars. And he only got 4 years. By the time a pardon would be arranged, he'd almost be out again.

SBF has more than 20 years left.

Re: Sam Bankman-Fried applies for a pardon from Trump

#60
post #52

Earlier quoted context omitted.

Don't be a clown. If SBF was out of jail he could raise a twenty billion dollar fund tomorrow. His Anthropic investment alone would give him credibility. If it hadn't been liquidated for pennies FTX would have been one of the best performing funds of all time, even with the theft and mismanagement.

This is a good point. We should just let all the ponzi schemes that are currently underway ride. Maybe they made good investments that will return 100x. The only way to know is to not intervene.

Did I say he should get out of jail?

IF he was pardoned, THEN he could easily raise money, because his old fund made EXTREMELY GOOD investment decisions. That's not a moral statement, that's a factual claim. "He should get out of jail because he is a good investor" is a strawman argument I did not make.

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