Sam Bankman-Fried’s parents are seeking a presidential pardon from Trump

Sam Bankman-Fried’s parents are reportedly seeking a presidential pardon for their son from Donald Trump. This comes after Trump pardoned Ross Ulbricht, the Silk Road creator, and as another crypto figure seeks similar help.

SBF’s Parents Make Their Move

It seems like Sam Bankman-Fried’s parents aren’t giving up hope. Joseph Bankman and Barbara Fried, both law professors at Stanford, are reportedly pulling out all the stops to get their son a presidential pardon from Donald Trump. The source indicated they’ve been meeting with lawyers and people connected to Trump’s administration, hoping to secure clemency for SBF who is currently serving a 25-year sentence after being convicted of fraud. Remember FTX? Yeah, that company that went belly up in 2022 – the whole thing led to SBF’s downfall. The source explained that despite most customers getting their money back, SBF still considers his sentence “draconian.”

Echoes of Past Pardons & Other Crypto Figures

This whole situation has a bit of déjà vu to it. The source revealed that Trump previously pardoned Ross Ulbricht, the guy who created the Silk Road online marketplace, just after he got into the White House. Trump had even promised during his campaign that he would release Ulbricht if re-elected. Interestingly, Ulbricht had already served 12 years in prison. It seems like the crypto world is seeing a potential pattern here, and it’s not just SBF hoping for a get-out-of-jail-free card. Early Bitcoin investor Roger Ver recently posted a video message on social media asking Trump for help too, as he faces a possible 109 year prison sentence. Seems like the idea of a presidential pardon is making its rounds in the crypto community.

See also  Trump's Crypto Stance Under Scrutiny as Ulbricht Remains Imprisoned

Source: News | Coinjournal.net

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