ChainCatcher reports that former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), posted a series of tweets criticizing the Biden administration’s policies toward the cryptocurrency industry. SBF stated, “Biden screwed up cryptocurrency,” and accused Biden of choosing Gary Gensler to lead the U.S. Securities and Exchange Commission.
In his tweets, SBF questioned, “When the Department of Justice told me I committed campaign finance fraud for donations to the Republican Party, I asked, how is that possible?” He also said, “All the world leaders I’ve met are tired of Biden. The Democrats may control the mainstream media, but they can’t control the truth.”
SBF praised Trump: “Fortunately, Trump pardoned those falsely accused by drug traffickers and framed by Biden, and arrested a real drug dictator. Arresting Maduro was wise, brave, and supportive of democracy.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Executive Yuan approves the draft “Virtual Assets Service Act”! The heaviest penalty for market manipulation is 10 years. Stablecoins will be gradually opened up.
The Executive Yuan approved a draft bill of the “Virtual Asset Services Act,” establishing dedicated regulatory rules for Taiwan’s virtual asset market, setting up a licensing system for virtual asset service providers, and strengthening penalties for fraud and market manipulation. The bill follows a principle of gradual opening, ensuring transaction safety, and requiring the Financial Supervisory Commission and the Central Bank to approve stablecoin issuance, to protect users’ transaction rights and interests.
ChainNewsAbmedia27m ago
Polymarket betting on the 2026 nine-in-one election: 2 Taiwanese people were arrested! The investigators used by tracing the flow of funds to identify them
Taiwanese investigators and prosecutors cracked the first Polymarket cryptocurrency election betting case, arresting two bettors. Because they admitted their wrongdoing, they were granted deferred prosecution, and authorities reminded the public not to place illegal bets. The case shows that identity can be verified through tracing the flow of funds, emphasizes the Election and Recall Law’s provisions and potential criminal liability, and calls on the public to comply with the law.
CryptoCity1h ago
Russian crypto regulation is tightening across the board! Blocking overseas platforms + bank monopolization—can $15 billion of funds make their way back?
In 2026, Russia will accelerate cryptocurrency regulatory reforms to address fiscal pressure. It plans to ban citizens from trading on platforms without local authorization and to strengthen taxation on licensed entities. Regulators intend to restrict access to overseas platforms through technical means, but industry insiders are cautious about the policy’s fiscal impact.
GateNews2h ago
Australia’s new crypto regulations are now in effect! Mandatory license oversight is on the way, and crypto exchanges face a life-or-death split
In 2026, Australia will pass new regulations for crypto assets, bringing digital asset platforms under financial oversight, requiring them to apply for financial services licenses and comply with ASIC supervision. This marks a transition toward standardized management in the crypto industry, improving investor protection, but it also increases operating costs for smaller platforms and could lead to changes in the competitive landscape of the market.
GateNews2h ago
The Executive Yuan will approve the Virtual Asset Act today! Draft amendments: stablecoin issuers are banned from paying interest, revenue
The Executive Yuan will finalize today the draft of the “Virtual Asset Services Act.” In the stablecoin’s early stage, it will be limited to bank issuance only and will prohibit the payment of interest; those who issue without authorization may face a maximum fine of 100 million yuan. The new bill is intended to improve the virtual asset regulatory framework, attract talent, and mitigate risks. Industry players are concerned that offshore platforms could affect competition, especially amid doubts about China-based affiliations.
CryptoCity3h ago
Alabama becomes second US state to grant DAOs legal status under DUNA
Alabama has become the second U.S. state to grant legal status to decentralized autonomous organizations (DAOs) under the DUNA Act. This legislation provides DAOs with limited liability protections, allowing them to operate more effectively in the real world.
Cointelegraph3h ago