Bobby Allen
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Appearances Over Time
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After months of praising Trump, Bankman-Fried has formally asked for a presidential pardon.
A jury convicted the one-time crypto star in 2023 after prosecutors alleged he used money from his customers at the crypto exchange FTX to prop up another business and to pay for his luxury penthouse in the Bahamas.
Bankman-Fried was a Democratic mega-donor before he was sent to federal prison, but he has since changed his tune, taking jailhouse interviews with Fox News and celebrating President Trump.
Trump has issued more than 1,600 pardons and clemencies in his second term, most of those tied to the January 6th Capitol rioters.
Polymarket and Kalshi are paying influencers up to $500 per post to spread the word about prediction markets.
where people can bet on everything from the color of President Trump's tie to war to election outcomes.
In recent weeks, some of those paid influencers have been spreading fabrications about the Los Angeles mayor's race, claiming without evidence that the process has been beset with fraud.
After NPR pointed this out to Cauchy, the company asked influencers to take down posts.
Polymarket never responded to a request for comment.
Misinformation experts say it's a preview of what's to come ahead of the midterms.
Fears also persist about the markets themselves, which can be manipulated by bad actors or betters aligned with one candidate.
Four months after George Santos had a seven-year wire fraud prison sentence commuted by President Trump, he took to social media.
Santos said he planned on attending Trump's State of the Union address.
What he didn't say publicly is that he was betting tens of thousands of dollars on the prediction market site Kaoshi that he would not attend.
Before it was revealed he did not go, he cashed out.
That's according to three sources with direct knowledge of Santos' trades.
The Justice Department and the Commodity Futures Trading Commission are investigating.
When reached by NPR, Santos said the investigations were news to him.