SBF

After SBF unexpectedly gave an interview to Tucker Carlson in prison, his crisis public relations manager resigned

ChainCatcher news, according to The Block citing Business Insider, after the unannounced release of an interview between FTX founder Sam Bankman-Fried (SBF) and Tucker Carlson on Thursday, SBF's crisis PR manager has resigned. Mark Botnick started representing SBF after the collapse of his cryptocurrency exchange FTX in November 2022, and he resigned on Thursday after learning about the interview. This is the second interview SBF has given since breaking his two-year public silence after being incarcerated. These interviews seem to be part of his attempt to seek a presidential pardon. In both interviews, SBF praised President Trump, criticized the previous Biden administration, and argued that he began to take the Republican Party more seriously after failing to engage with former SEC Chairman Gary Gensler.SBF was perhaps best known before his arrest as a billionaire practicing "effective altruism," having donated large sums to Democratic politicians. From the billions in funds collapsing at FTX to the year he faced court proceedings, SBF has given countless media interviews, sometimes getting himself into trouble. On one occasion, he even showed a reporter his ex-girlfriend's diary, which led to his imprisonment to prevent potential witness tampering. Botnick reportedly worked with SBF during this time. It is said that the PR manager was also caught off guard when SBF posted on X about the Trump administration's attempts to fire federal employees.

SBF continues to seek clemency on the Tucker Carlson podcast

ChainCatcher news, according to Coindesk, former FTX CEO Sam Bankman-Fried recently appeared on the Tucker Carlson podcast, marking the latest stop on his media "image rehabilitation tour." During the show, SBF claimed that part of the reason he was sentenced to 25 years in prison was due to his increasingly close ties with the Republican Party before his arrest."In 2020, I was center-left and donated to Biden's campaign," SBF said, "but by the end of 2022, my private donations to the Republican Party were roughly equal to those to the Democrats. This started to become known around the time of the FTX collapse, and it may have played a role."In fact, SBF had donated over $40 million to 196 members of Congress, including senior members of both the Republican and Democratic parties, which accounted for one-third of the legislators receiving funds from him. He also criticized former SEC Chairman Gary Gensler and the regulatory approach to the crypto industry during the interview.A Google document revealed during SBF's trial showed that he had considered various ways to rehabilitate his image, including "publicly criticizing political correctness" and "going on the Tucker Carlson show to declare himself a Republican." This strategy is now being implemented against the backdrop of the Republican Party controlling Washington.Reportedly, SBF's parents—former Stanford Law School professors Barbara Fried and Joseph Bankman—are meeting with lawyers and others within Trump's circle, trying to secure a presidential pardon for their son. SBF recently also made comments on social media about the difficulties of layoffs, which were criticized by the crypto community as an attempt to curry favor with the Trump administration.

SBF releases a tweet for the first time in two years

ChainCatcher news, former FTX CEO Sam Bankman-Fried (SBF) tweeted for the first time after two years of silence. In this series of tweets, SBF mainly discussed issues related to layoffs and management:I have a lot of empathy for government employees: I also haven't checked my emails for several (hundred) days. And I can confirm that being unemployed is not as easy as it looks.Firing employees is one of the hardest things in the world to do. It's terrible for everyone involved. My experience is:a) Employees being fired are usually not at faultb) But firing them is often the right decisionMore often than not, the problem is that the company simply doesn't have suitable positions for them.I would say to every person who was laid off: this is also our fault because we didn't provide them with suitable positions, or suitable managers, or a suitable work environment.Maybe at the time, no one was available to manage them. Maybe they were better suited for remote work, but our company adopted face-to-face communication. Maybe they wanted to work on a specific project, but that wasn't what the company needed at the time.Or maybe there were issues within the department they were in.This situation happens frequently. We see competitors hiring 30,000 more employees and then not knowing what to have them do ------ as a result, the entire team is idle all day.We have also experienced this internally, when a manager becomes busy or distracted, half a department can lose direction at the same time.When this happens, it's not the employees' fault. If employers don't know how to organize them, or if no one can manage them effectively, that's not their fault. If internal politics cause their department to lose direction, that's also not their fault.But it makes no sense to leave them there doing nothing.

SBF's approximately $1 billion in financial assets and two private jets have been seized by the U.S. District Court for the Southern District of New York

ChainCatcher news, according to CoinDesk, the U.S. federal court detailed the scale of assets owned by SBF before being tried and imprisoned for fraud, as well as how the U.S. government swiftly intervened to seize approximately $1 billion in financial assets and two aircraft.The final forfeiture order issued by the U.S. District Court for the Southern District of New York on Tuesday formally stripped SBF of ownership of all assets listed in a lengthy property list. Alameda's assets on Binance include: $56 million in XRP, $3.6 million in TRX, $3.4 million in ADA, $2.3 million in BTC, and dozens of other tokens.The most significant asset is the proceeds from the sale of Robinhood stock—$606 million held by SBF's Emergent Fidelity Technologies.Other financial assets include:119 million USDT held by Alameda Research on Binance;$21 million held by Emergent Fidelity Technologies at Marex;$50 million held by FTX Digital Markets at Moonstone Bank;$101 million held by FTX Digital Markets at Silvergate;$7 million held by SBF and another individual at Flagstar Bank.The list of seized assets also includes two private jets: a 2009 Bombardier Global 5000 and a 2006 Embraer Legacy.Court documents also detailed over 250 political donations that have been withdrawn from the campaigns and organizations of the recipients, including amounts donated by FTX executives at SBF's direction.
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