Sam Bankman-Fried reposted President Trump’s tweet celebrating job numbers, accusing President Biden of driving companies offshore with regulation. He claimed Democrats create “insane regulation” that prevents companies from operating legally in America. Bankman-Fried credited Trump’s tax breaks for pulling investment back to the U.S. He also challenged his fraud conviction, arguing FTX was never insolvent. The dispute centers on witness intimidation claims, with potential implications for the crypto industry. A successful motion could lead to a new trial, affecting market perception and capital flows. The outcome is expected within months.

Read more at Yahoo Finance: President Trump Changed ‘Insane Regulation By Democrats’, Pulled Investment ‘Back To The US’, Sam Bankman-Fried Claims