Sam Bankman-Fried’s parents want Trump to pardon son: report

The mother and father of Sam Bankman-Fried, the previous FTX CEO presently serving a 25-year jail sentence for fraud, are exploring the potential of securing a pardon for his or her son from Donald Trump.

Stanford Legislation College professors Joseph Bankman and Barbara Fried have reportedly met with attorneys and people related to President Donald Trump’s circle in current weeks, according to Bloomberg.  

It stays unclear whether or not any direct outreach has been made to Trump or his marketing campaign. Each mother and father declined to remark, and Bankman-Fried’s authorized group has but to answer inquiries.

Trump’s current use of his pardon authority, including clemency for Silk Highway founder Ross Ulbricht, has led to elevated curiosity from white-collar defendants looking for comparable aid. 

After the posting of this information, SBF’s pardon possibilities increased to eight% on Kalshi. 

SBF’s clemency request

Whereas clemency requests sometimes undergo the Justice Division, Trump has traditionally thought-about casual appeals. White-collar authorized advisers report a surge in inquiries from people hoping to leverage political connections for leniency.

Ryan Salame, a former FTX government serving a seven-year sentence, has additionally indicated curiosity in looking for a pardon, based on Bloomberg.

Trump, who as soon as dismissed cryptocurrency, has since embraced the business, attracting help from digital asset advocates and figures looking for regulatory rollbacks.

Moreover, Trump has proven a willingness to help people who declare to be victims of political prosecutions, together with New York Mayor Eric Adams, who has steered his bribery case was politically motivated.