{"id":56386,"date":"2025-11-03T15:17:08","date_gmt":"2025-11-03T15:17:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56386"},"modified":"2025-11-03T15:17:08","modified_gmt":"2025-11-03T15:17:08","slug":"disgraced-ftx-boss-sbf-heads-for-appeal-will-sam-find-wiggle-room-or-pray-for-trump-crypto-pardon","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56386","title":{"rendered":"Disgraced FTX Boss SBF Heads For Appeal: Will Sam Find Wiggle Room Or Pray For Trump Crypto Pardon?"},"content":{"rendered":"
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FTX\u2019s fall from grace is nearly complete. On Tuesday, former FTX CEO Sam Bankman-Fried (SBF) will stand before the Second Circuit Court, fighting to erase a conviction that made him the face of crypto\u2019s collapse.<\/p>\n

Do you still keep all your tokens stored on a centralized exchange<\/a> like FTX perchance? Well, you must be crazy! That or maybe you consult your KOL<\/a> first before being able to formulate an answer?<\/p>\n

Anyway, SBF\u2019s lawyers are arguing that Judge Lewis Kaplan tainted the jury and that the trial was rigged from the outset.<\/p>\n

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(Source: Polymarket<\/a>)<\/figcaption><\/figure>\n

It\u2019s a claim built on thin ice. The man who once promised to fix finance now has one goal left: to outlive his own disaster.<\/p>\n

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\u201cThe way the court conducted the trial was in itself essentially unfair,\u201d said Howard Fischer, partner at Moses Singer, speaking to CoinDesk TV.<\/p>\n<\/blockquote>\n

DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

Will FTX Traders Get a Bigger Bailout? The Numbers Don\u2019t Add Up for FTX Creditors<\/h2>\n

While SBF\u2019s appeal unfolds, FTX creditors are still counting losses, and the math isn\u2019t pretty. According to a TradingView report,<\/a> the FTX bankruptcy estate controls roughly $16 billion in assets, but only a fraction is being distributed in crypto terms.<\/p>\n

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(Source: X<\/a>)<\/figcaption><\/figure>\n

Meanwhile, prominent creditor Sunil estimated that \u201creal recovery rates\u201d<\/strong> range from 9% to 46%, depending on the token. His data shows that even the touted 143% fiat repayment translates to just 22% in Bitcoin, 46% in Ethereum, and 12% in Solana, given the massive rally in crypto since 2022.<\/p>\n

The upshot is that most of those traders lost out on potential gains<\/a>.<\/p>\n

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\u201cFTX creditors are not whole,\u201d Sunil wrote on X. \u201cThe fiat payout doesn\u2019t reflect the lost crypto value.\u201d<\/p>\n<\/blockquote>\n

DISCOVER:\u00a0<\/span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n

Is Sam Bankman-Fried Trump\u2019s Next Pardon? SBF\u2019s Last Stand as FTX Creditors Face Harsh Reality<\/h2>\n

Donald Trump\u2019s foray into not only crypto but crypto politics, pardoning both Ross Ulbricht of Silk Road and CZ of Binance, set off a chain reaction that shook markets from X to Polymarket. Speaking at a campaign event, he defended former Binance CEO Changpeng Zhao:<\/p>\n

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\u201cThey said what he did wasn\u2019t even a crime\u2026 I granted him a pardon at the request of many respectable people.\u201d<\/p>\n<\/blockquote>\n

Within hours, traders began factoring in the possibility of a presidential pardon for SBF. On Polymarket, odds of SBF walking free spiked from 5.6% to nearly 19% before settling near 6%.<\/p>\n

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word https:\/\/t.co\/JuVpuy8P0H<\/a><\/p>\n

\u2014 CZ \"\ud83d\udd36\" BNB (@cz_binance) October 24, 2025<\/a><\/p>\n<\/blockquote>\n