Jailed cryptocurrency fraudster Sam Bankman-Fried praised on Sunday President Donald Trump’s foresight in recognizing the potential of both cryptocurrency and artificial intelligence.
SBF Praises Trump’s Crypto, AI Push
Bankman-Fried, popularly known as SBF, reacted to Trump’s remarks at the Future Investment Initiative Priority Summit in Miami last week, where the president described Bitcoin (CRYPTO: BTC) as “very powerful” and said that many people now prefer to pay using cryptocurrency.
“It’s not just people who want to pay you in crypto, increasingly it’s AI agents. Crypto is the future of AI-native payments,” SBF brought in the agentic payments angle.
He added that Trump is the “first president” to foresee the strategic potential of both crypto and AI.
Interestingly, the remarks come days after the Trump family-backed World Liberty Financial (WLFI) launched a new payment infrastructure that will enable AI agents to manage funds and transact on the blockchain.
Currying Favor With Trump?
Lately, SBF has been vocal in his support for Trump’s policies, including those on the economy, foreign relations, and cryptocurrency.
Just last week, he praised the joint U.S.-Israeli military campaign against Iran. He earlier claimed his 2022 arrest was orchestrated by the “anti-crypto” Joe Biden administration as retaliation for secretly donating millions to Republicans.
SBF also tried to paint Judge Lewis Kaplan, who sentenced him to prison and presided over Trump’s federal defamation trial, as a common adversary.
Trump has indicated he has no intention of pardoning SBF.
SBF, who is currently serving a 25-year sentence for the FTX scam, filed a request for a new trial earlier this month, alleging that the Justice Department under Joe Biden threatened key defense witnesses from testifying.
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Photo Courtesy: Lev Radin on Shutterstock.com
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