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In his recent prison interview with Tucker Carlson, Sam Bankman Fried maintained his innocence and expressed confusion as to why he was convicted of fraud. He argued that FTX was a legitimate service, and although there was a crisis, the company was still solvent. Bankman spoke candidly about his prison experience and shared his thoughts on crypto regulation under a Trump presidency. Tucker Carlson, a right-wing commentator, interviewed him on March 5. Although he did not ask Bankman whether he wished for a pardon from Trump, the conversation ultimately led to whether Bankman supported Democrats or Republicans. The interview occurred in a little side room in Brooklyn’s Metropolitan Detention Centre. Bankman turned 33 on the day of the interview. He discussed details about his sharing a cell block with rapper Sean Combs. In November 2022, the FTX exchange filed for bankruptcy after suffering from liquidity issues due to its complete collapse. This led to U.S. criminal charges against Bankman and four executives, but only Bankman, Caroline Ellison, and Ryan Salame received prison time. “One fact that might be relevant”, said Bankman in the interview. “In 2020, I was center-left, and I gave to Biden’s campaign. I was optimistic he’d be a sort of solid center-left president. I spent the next few years in D.C. a lot. I made dozens of trips there and was really, really shocked by what I saw – not in a good direction – from the administration”. “By late 2022, I was giving to Republicans privately as much as Democrats. And that started becoming known right around FTX’s collapse, so that probably played a role”. Bankman described prison life as “dystopian” and lamented that every day seems to be the same with one day melding with the next. He also said that he feels safe in prison and that the only issue concerning him is getting enough time to prepare his legal cases. He spends most of his time reading books, playing chess with other inmates, and working on his legal case. He describes prison life as soul-crushing because there are few meaningful activities. Bankman gave over $30 million to support predominantly Democratic causes, making him the second-largest contributor to the 2022 midterm election. He is currently waiting for an appeal in Brooklyn’s Metropolitan Detention Centre. He mainly eats rice and beans and laments that no former FTX employees have visited him. Lewis Kaplan, U.S. District Judge, presided over Bankman’s case, and also presided over Jean Carroll’s case against Trump, who successfully sued the president for defamation. “I know President Trump had a lot of frustrations with Judge Kaplan. I certainly did as well”, said Bankman in a separate prison interview with the Sun. In August 2023, the indictment read that Bankman “misappropriated and embezzled FTX customer deposits, and used billions of dollars in stolen funds for a variety of purposes, including to help fund over a hundred million dollars in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation”. However, Bankman showed a lack of remorse in his interview with Tucker Carlson, failing to acknowledge the pain he caused his customers by using their deposits to cover his trading losses in his investment firm. He preferred to focus on his ties with the republican party to gain favor with Trump. Bankman may alternatively argue that banks often use deposits to invest in assets. He has indicated that he plans to appeal the case and may make such arguments at a later date. He further criticised SEC chairman Gary Gensler, claiming he was politically biased and sought power simply by blocking crypto industries. The SEC has recently dropped cases against Bankman’s colleagues. Gensler has also dropped out of the SEC, ending his four-year war against crypto. President Trump has taken a positive approach to regulating the crypto industry. Bankman suggested that he may not be able to survive his entire sentence. He pointed out that studies show that one ages at 3 times the rate when living in prison. “The hardest thing is just not having something meaningful to be doing in here. There are studies, no idea how good they are, but they show you age at roughly three times the normal rate in prison. So you know, you have three times 25 to my 32 years when I was convicted. That gets you an answer, maybe”.

Trump is making European and Chinese equity markets pump hard while crushing US stocks. Brilliant 4D chess

💣 Lately, trading with leverage feels... well, just like this meme. Leverage trading is like playing chess against the market, except your deposit is at stake. One wrong move? Liquidation in an instant. The higher the leverage, the lower the chances the market will show mercy. Stay away from trading with borrowed funds, guys.

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New Pi Network Apps: 1. CARE FOR PI: A support tool allowing Pioneers to report issues within the Pi Network, ensuring prompt attention from developers. 2. PiGame: An interactive gaming platform where users can play and earn Pi, combining entertainment with cryptocurrency rewards. 3. ExplorePi: A mobile-friendly blockchain explorer designed to help users navigate and track transactions on the Pi blockchain. 4. WorkforcePool: A talent marketplace connecting freelancers with clients, facilitating projects and payments within the Pi ecosystem. 5. App.Link for Pi: A platform for developers to upload and showcase their Pi-based applications, encouraging community engagement and ecosystem growth. 6. Barter Mall: A global marketplace where users can trade goods and services using Pi as the primary currency. 7. World of Pi: A community-driven platform centralizing Pi-related projects and initiatives, fostering collaboration among Pioneers. 8. LatinChain Platform: Features classic games like Chess and Sudoku, showcasing regional innovation within the Pi ecosystem. 9. 1Pi Mall: An e-commerce platform where all transactions are conducted in Pi, allowing users to purchase goods and services worldwide. 10. Thepitogo Travel Services: A travel and social app connecting explorers, simplifying travel planning, and enabling payments with Pi. 11. Daabia Mall: A web3 commerce platform providing a decentralized marketplace for vendors and buyers to connect through Pi transactions. 12. MyFestMap: Connects communities, supports local businesses, and enables Pi transactions for events and festivals. 13. GPM GlobalPiMarket: A global platform for commerce, supporting franchise operations using Pi as a medium of exchange. 14. Watugot: Facilitates location-based peer-to-peer trading, allowing users to exchange goods and services using Pi or local currencies. 15. Map of Pi: A comprehensive business application where users can search for, buy, and sell goods within the Pi ecosystem. 16. MAINNET Piketplace: A platform for trading collectibles and artistic creations, enabling creators to sell their work and accept Pi as payment. 17. RadioForUs para Pi: A streaming radio service offering music and entertainment, integrating Pi transactions for unique content experiences. 18. Internet Speed: A tool allowing users to test and measure their internet connection speeds, ensuring optimal performance for online activities. 19. ChatGPT for Pi (AiGpt): An AI assistant providing intelligent responses to user queries, enhancing interactions within the Pi community. 20. Pet for Pi: An NFT-based pet cultivation game where users can adopt and nurture virtual pets within the Pi ecosystem.