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    Home»Markets»Sam Bankman-Fried’s dad and mom reportedly eye Trump pardon for jailed son
    Sam Bankman-Fried’s dad and mom reportedly eye Trump pardon for jailed son
    Markets

    Sam Bankman-Fried’s dad and mom reportedly eye Trump pardon for jailed son

    By Crypto EditorJanuary 31, 2025No Comments2 Mins Read
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    The dad and mom of Sam Bankman-Fried (SBF) are exploring potential avenues to safe a presidential pardon from President Donald Trump, Bloomberg Information reported on Jan. 30, citing an individual acquainted with the matter. 

    Stanford Legislation College professors Joseph Bankman and Barbara Fried have reportedly engaged in discussions with legal professionals and people inside Trump’s orbit in latest weeks.

    Whereas it stays unclear whether or not they have made direct outreach to the White Home, their efforts sign an try to hunt clemency for his or her 32-year-old son, who was sentenced to 25 years in jail for fraud.

    SBF’s dad and mom and the White Home declined to remark. A lawyer representing SBF, who has already filed an attraction in opposition to his 2023 conviction associated to the collapse of FTX, didn’t instantly reply to inquiries. 

    Run for pardons

    Trump’s swift use of the presidential pardon, together with the latest commutation of Silk Highway founder Ross Ulbricht’s life sentence, has sparked a surge in requests from high-profile white-collar criminals. 

    Jeffrey Grant, a authorized adviser for white-collar defendants, famous that he has acquired round 100 pardons-related inquiries.

    He stated:

    “We’ve been listening to from individuals in jail, from individuals not too long ago sentenced who haven’t but reported to the Bureau of Prisons, from individuals who have simply been indicted. They’re in search of any individual who is aware of any individual.”

    Nonetheless, SBF doesn’t at the moment benefit from the widespread help that Ulbricht had. He has argued that his 25-year sentence is excessively harsh, significantly since many FTX prospects have recovered most of their misplaced funds. 

    One other former FTX government, Ryan Salame, who acquired a seven-year sentence, has additionally expressed curiosity in a presidential pardon.

    Sam Mangel, a white-collar jail marketing consultant who has beforehand labored on clemency requests for Trump allies Steve Bannon and Peter Navarro, stated he handles a number of circumstances. 

    He additionally shared that he has acquired casual steerage that circumstances associated to intercourse crimes, true crimes of violence, and unlawful immigration circumstances is not going to be thought-about.

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    Sam Bankman-Fried’s dad and mom reportedly eye Trump pardon for jailed sonSam Bankman-Fried’s dad and mom reportedly eye Trump pardon for jailed son



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