These Were Sam Bankman-Fried’s Terrible Ideas for Spinning His Multi-Billion-Dollar FTX Fraud

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These Were Sam Bankman-Fried’s Terrible Ideas for Spinning His Multi-Billion-Dollar FTX Fraud
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Sam Bankman-Fried's 'bad ideas' for spinning massive fraud at crypto exchange FTX included an interview with Tucker Carlson

cryptocurrency exchange. Making the case for a 40-to-50-year prison term, federal prosecutors have now submitted a list of the disgraced CEO’s bad ideas for spinning his company’s bankruptcy in the weeks after it collapsed.

“Note: these are all random probably bad ideas that aren’t vetted; CONFIDENTIAL,” reads a note at the top of the. In the text that follows, Bankman-Fried laid out possible ways wresting control of the FTX narrative that range from vague to desperate . The brainstorm conveys just how hopeless his situation had become in November 2022, when FTX entered Chapter 11 bankruptcy.

Most eye-catching, though, are Bankman-Fried’s musings on a political play: “Go on Tucker Carlsen , come out as a republican,” is the third item pitched, with “Come out against the woke agenda” added underneath. In another Google Document submitted to the court, Bankman-Fried tallied up legislators and journalists he might turn to for help, including Sen..

Bankman-Fried’s sentencing hearing is scheduled for March 28, and he faces a maximum penalty of 110 years, with the U.S. Probation Office advocating for a 100-year sentence. His lawyers have called that recommendation “could put him at heightened risk in a prison environment.

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