Sam Bankman-Fried, the disgraced founder of FTX, is back in the spotlight for claiming his arrest was politically motivated. In a recent GETTR post shared through a friend, SBF suggested that his shift to centralist views and significant donations to Republican causes precipitated targeted action from the Biden administration.

SBF’s New Conspiracy

He alleged that both the SEC, headed by Gary Gensler, and the Justice Department acted swiftly to arrest him right before a crucial crypto bill vote and just before he was set to testify in Congress.

Republican lawmakers at that time pointed out the suspicious timing, hinting that the arrest was strategically aimed at silencing him. They even requested internal communications from Gensler, which, interestingly, were reported missing due to a malfunction in his device’s automated IT policy.

Despite being convicted of multiple fraud-related charges in November 2023, SBF insists he was wrongfully prosecuted. His parents are reportedly looking for a pardon from Donald Trump, who previously pardoned Ross Ulbricht of Silk Road fame.

After his sentencing, SBF has increasingly distanced himself from left-leaning views, publicly supporting Trump and even granting an interview with conservative commentator Tucker Carlson. This particular interview led to the resignation of his crisis manager. He maintains that neither he nor his co-defendants are guilty, casting the judicial proceedings as politically motivated.

Overfunded Lobby Effort Behind the Spin

Critics remain skeptical, viewing his narrative as a lobbyist’s effort to reshape his image as a casualty of partisan politics instead of an architect of one of crypto’s largest financial disasters. Activist Laura Loomer warned that ongoing media efforts will continue to portray him as unfairly targeted despite clear evidence of his wrongdoing.