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‘I’ll be shocked IF…’ – Elon Musk reacts to Biden pardoning FTX Founder rumours
Tesla CEO Elon Musk has weighed in on the recent rumors surrounding a potential presidential pardon for Sam Bankman-Fried, the disgraced former CEO of the now-defunct FTX exchange. In his reaction, Musk expressed his skepticism about the possibility, stating that he will be “shocked” if it actually happens.
Rumors of a pardon for Bankman-Fried have been circulating in recent days, with some speculating that the White House may consider a reduction in sentence or even a full pardon due to Bankman-Fried’s significant financial support to the Democratic Party. However, it is crucial to note that President Biden has not given any indication that he will grant such a pardon.
The latest development comes amidst an already tumultuous situation surrounding FTX’s collapse, which resulted in losses for thousands of investors worldwide. The uncertainty surrounding Bankman-Fried’s fate has sparked widespread concern within the cryptocurrency community and beyond.
In response to the rumors, Elon Musk took to social media to share his thoughts on the matter. When asked about the possibility of a pardon, he stated that he would be “shocked” if it actually happens. His reaction highlights the uncertainty surrounding the situation and the need for clarity from the White House.
It is unclear whether President Biden will ultimately decide to grant Bankman-Fried a pardon or not. However, one thing is certain: this situation has raised several key questions about accountability and regulatory oversight in the cryptocurrency space.
Source: ambcrypto.com
