Sam Bankman-Fried’s parents are seeking a presidential pardon from Trump
- Joseph Bankman and Barbara Fried contain met with lawyers and members of president Donald Trump’s administration
- Trump has already pardoned Silk Avenue creator Ross Ulbricht who served 12 years in detention heart
- Early Bitcoin investor Roger Ver, who faces a 109-year detention heart sentence, has moreover asked Trump to succor him
The oldsters of dilapidated FTX CEO Sam Bankman-Fried are seeking to accumulate their son a presidential pardon from Donald Trump.
Stanford legislation professors Joseph Bankman and Barbara Fried contain reportedly met with lawyers and members of Trump’s administration. Consistent with Bloomberg, the pair hopes to accumulate clemency for his or her son, who is serving a 25-year detention heart sentence.
Bankman-Fried develop into as soon as sentenced last March after being chanced on guilt of fraud. The platform filed for monetary catastrophe in 2022.
Pardoning Ulbricht
The scamper comes as Trump gave a presidential pardon to Silk Avenue creator Ross Ulbricht within the predominant week of entering the White Condominium.
At some level of his presidential marketing campaign, Trump promised that he would free up Ulbricht – who served 12 years in detention heart – if he develop into as soon as re-elected as president.
Consistent with the document, Bankman-Fried previously called his sentence “draconian” no matter FTX clients having recovered most of their money. In December, it develop into as soon as reported that the crypto alternate would inaugurate repaying clients in early January.
Gary Wang, FTX co-founder, averted a detention heart sentence in November with narrate Lewis Kaplan sentencing him to time served. Nishad Singh, an ex-FTX executive, moreover averted a detention heart sentence.
Then over again, Caroline Ellison, the dilapidated CEO of Alameda Study – the sister firm to FTX – received a 24-month detention heart sentence in September.
Final Sunday, early Bitcoin investor Roger Ver posted a video message on X calling on Trump to succor him steer particular of a detention heart sentence of up to 109 years. In his message, Ver wrote: “Mr. President, I am an American, and I favor your succor. Only you, with your commitment to justice, can attach me @realDonaldTrump.”
