Sam Bankman-Fried has defended the decision to dismiss government employees with a 10-part statement that justifies the decision while trying to suck to President Trump.
The convicted cryptocurrency King fought for a complete grace of the Trump government after being sentenced to 25 years in prison for fraud.
Now he has shared a thread on Elon Musk's X who defends radical cuts in an attempt to eradicate waste spending within the government.
“I have a lot of sympathy for GOV't employees: I have not checked my e -mail for the past (a hundred) days,” he wrote.
“I can confirm that being unemployed is much less relaxing than it seems.”
Bankman-Grieduurd said that firing people 'one of the most difficult things is to do in the world' and is often the employer's fault as the employee.
“It's bad for all those involved. My experience: a) It is usually not the employee's fault that they are fired b) It is usually correct to let them go anyway, “he said.
'More often the problem is that the company simply does not have the right job for them. I would tell everyone that we let go: that it was just as well our fault because they don't have the right role for them, or the right person to manage them, or the right working environment for them. '
Sam Bankman-Fried has defended the decision to dismiss government employees with a 10-part statement that justifies the decision while trying to suck to President Trump
Bankman-Gorchrijduurd stood behind a crypto exchange startup of $ 32 billion dollars that collapsed in December 2022
The convicted cryptocurrency King stands for a complete grace of the Trump government after being sentenced to 25 years in prison for fraud
Bankman-Grieduurd was behind a crypto exchange startup of $ 32 billion dollars that collapsed in December 2022.
He was arrested in the Bahamas and accused of fraud. He was later convicted of stealing money from his customers and lying against investors and creditors.
Despite the fact that he was a productive Democrat donor before his arrest, Bankman-Gefrijuur indicated that his loyalty has turned behind bars.
In an interview with the New York Sun from prison, Bankman-Bakken echoed Trump's criticism at the Ministry of Justice, insisting that it has been 'politized' in recent decades.
He noted that Judge Lewis Kaplan, who provided his trial, was also involved in a civil case against Trump.
“I know that President Trump had a lot of frustrations with Judge Kaplan,” said Bankman-Fried. “I certainly did it too.”
He also expressed the support for Musk's work to dismantle government agencies and to recognize his 'chainsaw approach' and to claim that in some cases more than 70 percent of a workforce must be fired to make a considerable change.
Bankman-Fried said in his experience, sometimes companies just didn't have the time or resources to give their staff sufficiently.
Now he has shared a thread on the Xs X of Elon Musk who defends radical cuts in an attempt to eradicate waste spending within the government
“We saw it with competitors who rented 30,000 too many employees and then had no idea what to do with them – so whole teams were just nothing to do all day,” he said.
'And we saw it internally, when a manager would be busy or distracted, and half of a department would lose its influence at the same time.
'It is not the employee's fault when that happens. It is not their fault if their employer does not really know what to do with them, or does not really have anyone to manage them effectively. It is not their fault if internal politics leads their department to lose the way.
“But it makes no sense to keep them in the neighborhood and do nothing.”
The apparent efforts of Bankman-Fried to secure a pardon for himself came after Trump granted an unconditional grace to the maker of the notorious Dark Web Page Silk Road, Ross Ulbricht.
Ulbricht, 40, was arrested in 2013 because the dark website he founded facilitated the sale of illegal drugs using cryptocurrency.
At the beginning of 2015, he was sentenced to two conditions of life in prison plus 40 years for drug trafficking, conspiracy to commit money wax and computer hacking, operating under the pseudonym 'Dread Pirate Roberts'.
