Ellison | Crypto

FTX founder Sam Bankman-Fried said in a series of recent X posts that US President Donald Trump was “right on crypto,” while Joe Biden “bungled crypto.” Disgraced FTX founder Sam Bankman-Fried has ramped up his social media praise for US President Donald Trump while taking aim at former President Joe Biden, just days after Caroline Ellison, the former CEO of Alameda Research, was released from federal custody. Since Bankman-Fried’s February 2025 interview with the New York Sun and March appearance with political commentator Tucker Carlson, many see Bankman-Fried as angling for a pardon from Trump. “@realdonaldtrump is right on crypto,” Bankman-Fried said in an X post on Friday, just days after Ellison walked free after serving 440 days in prison for her role in the 2022 collapse of FTX. Read more

Securities and Exchange Commission filed proposed consent judgments seeking decade-long prohibition for Caroline Ellison and eight-year restrictions for Gary Wang and Nishad Singh, formalizing settlement terms despite their extensive testimony against Sam Bankman-Fried during criminal proceedings. The post SEC Seeks 10-Year Ban for Ellison, 8 Years for Wang and Singh appeared first on Cryptonews.