The post Sam Bankman-Fried’s Parents Want Trump to Pardon Him appeared on BitcoinEthereumNews.com.

Sam Bankman-Fried’s parents are petitioning President Trump for a pardon. Trump recently pardoned Silk Road founder Ross Ulbricht, but Bankman-Fried may be a more difficult case. SBF contributed millions to defeat Trump’s Presidential campaign in 2020 and was sentenced to prison less than a year ago. For these and other reasons, a pardon seems much less likely. Could SBF Get a Pardon? Sam Bankman-Fried (SBF), one of the most infamous criminals in crypto history, may receive a pardon from President Trump. According to a Bloomberg report, his parents, Joseph Bankman and Barbara Fried, are spearheading the effort. Both parents are law professors, and they’ve been consulting with figures in Trump’s orbit. Since Donald Trump re-took office, he’s been fulfilling obligations to the crypto community. He pardoned Ross Ulbricht on his second day in office, making good on a campaign promise. Ulbricht’s mother was a key figure in petitioning for this pardon, and SBF’s parents want to use the same strategy. Indeed, due to Trump’s early string of pardons, he’s facing many requests. “I have been hearing from people in prison, from people recently sentenced who haven’t reported to the Bureau of Prisons yet, from people who have been indicted. They are looking for somebody who knows somebody,” claimed Jeffrey Grant, who runs a legal and advisory firm in New York for white-collar defendants. He has received around 100 pardon requests. Rumors about an SBF pardon have circulated a few times since Trump won the Presidential election, but nothing has materialized yet. Indeed, it might be much more difficult than Ulbricht’s pardon. For example, the new US Attorney in the SDNY pledged that his office would stop a crypto crackdown, but only after defeating Bankman-Fried’s appeal. In other words, even when the legal system wants to ease up on crypto criminals, the…

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Filed under: News - @ January 30, 2025 11:22 pm