Inside a Prison Cell, A Former Crypto CEO Praises Trump

A former head of a collapsed crypto firm is using prison‑approved messages to cheer on President Trump.
The inmate, serving 25 years for fraud, recently wrote about the president’s military strikes on Iran. He argues that the action was necessary to stop a nuclear threat and that it weakened Iran’s army.

Past Praise

• Gas Prices – Claims Trump lowered gas prices compared to the previous administration.
• SEC Leadership – Asserts a change in SEC leadership helped crypto companies.

These comments are odd given his severe legal penalties.

Possible Motive

• Pardon Strategy – Presidents sometimes grant pardons for financial crimes.
• Trump has already freed a famous crypto trader in 2025.
• The former CEO’s praise could be an attempt to gain favor.

Company Fallout

The company he ran is being wound down:

• A recovery trust will return $2.2 billion to creditors, almost covering all debts.
• The collapse hurt millions of customers and shook confidence in digital currencies.

Iran Policy Context

The prisoner’s support for Trump’s Iran policy comes amid criticism that the decision could:

• Raise global oil prices
• Increase inflation
• Raise costs for people

Current Status

He remains behind bars, sending messages through intermediaries while his lawyers push for a new trial. His public statements suggest he wants to influence the outcome beyond the courtroom.