Cryptocurrency CoinTelegraph 5d ago

Sam Bankman-Fried turns up Trump support following Ellison’s release

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Why This Matters

Sam Bankman-Fried, the FTX founder, has expressed support for Donald Trump's stance on cryptocurrency, while criticizing Joe Biden's handling of the industry.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

FTX founder Sam Bankman-Fried said US president Donald Trump was “right on crypto” and that Joe Biden “bungled crypto” in a series of recent X posts.

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Original article published by CoinTelegraph on February 1, 2026.
Analysis and insights provided by AnalystMarkets AI.