SBF posted on the social platform GETTER, saying, "In 2020, I was a left-wing position. By 2022 - after seeing the attitude of Rensler/Biden's Department of Justice towards cryptocurrency - I became a moderate and (privately) donated tens of millions of dollars to the Republican Party.

A few weeks later, Biden's anti-cryptocurrency Securities and Exchange Commission/Department of Justice began targeting me. They arrested me a few weeks before the vote on the cryptocurrency bill I was pushing - the night before I was preparing to testify before Congress.

House Republicans said my arrest was "to prevent Sam Bankman-Fried from testifying" and asked Gensler to provide information about "the timing of the charges and his arrest [raising serious questions for Biden's Securities and Exchange Commission/Department of Justice]."