Just In: Sam Bankman-Fried’s Parents Seek Trump’s Pardon For FTX Founder

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Sam Bankman-Fried Parents Seek Trump’s Pardon For FTX Founder – Crypto News

Published

7 months ago

January 31, 2025

Dripp

The parents of FTX co-founder Sam Bankman-Fried have reportedly sought legal advice on securing a presidential pardon for their son from Donald Trump. Joseph Bankman and Barbara Fried, both Stanford Law School professors, have held meetings with legal professionals and individuals connected to Trump’s circle regarding potential clemency.

Their efforts come after Sam Bankman-Fried was sentenced to 25 years in prison for fraud related to the collapse of the cryptocurrency exchange FTX.

Sam Bankman-Fried’s Parents Meet Lawyers to Secure Trump’s Pardon

According to a recent Bloomberg report, Sam Bankman-Fried’s parents are exploring ways to secure a pardon from Donald Trump. They have met with lawyers and other individuals linked to Trump’s network.

These discussions focused on the possibility of obtaining clemency for their son. However, there is no confirmation of any direct outreach to the White House.

Notably, during his presidency, Donald Trump granted pardons to several high-profile individuals. The case of Ross Ulbricht, founder of Silk Road, has been a key reference point for those seeking similar relief. Ulbricht, convicted of drug trafficking and money laundering, received a strong push from the crypto community for clemency.

Unlike Ulbricht, Sam Bankman-Fried does not currently have widespread public support advocating for a pardon. However, he has argued that his 25-year sentence was excessive, citing that most FTX customers have recovered their lost funds. Some legal experts believe this claim could be a factor in potential clemency discussions.

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