Sam Bankman-Fried (SBF) has claimed that his arrest was politically motivated, following a shift in his political donations and the Biden administration's stance on cryptocurrency. According to a post on social platform GETTER, SBF stated that he transitioned from a center-left position in 2020 to a neutral stance in 2022 due to the Biden administration's crypto policies. He reportedly donated millions to the Republican Party, after which the SEC and DOJ began targeting him. SBF alleged that his arrest occurred on the eve of a congressional testimony and a crucial crypto legislation vote he was involved in. House Republicans have suggested that his arrest was intended to prevent his testimony and have demanded SEC Chair Gary Gensler release internal communications regarding the timing of the arrest, which they claim have since been lost.
SBF Alleges Political Motives Behind Arrest, Cites Crypto Stance Shift
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