Move over, Ross Ulbricht! There’s a new pardon-seeker in town, and it’s none other than Sam Bankman-Fried, the former FTX CEO who’s currently serving a 25-year prison sentence for fraud. 😱
According to Bloomberg, SBF’s parents, Stanford Law School professors Joseph Bankman and Barbara Fried, have been meeting with lawyers and individuals connected to President Donald Trump’s circle in recent weeks. 🤝
Now, I don’t know about you, but I’m picturing a scene straight out of a dark comedy: the Bankman-Frieds, sipping on their finest chardonnay, discussing their son’s legal woes with Trump’s cronies. 🍷
But wait, there’s more! It’s unclear whether any direct outreach has been made to Trump or his campaign. Both parents declined to comment, and Bankman-Fried’s legal team has yet to respond to inquiries. 🤐
However, Trump’s recent use of his pardon authority has led to increased interest from white-collar defendants seeking similar relief. After the posting of this news, SBF’s pardon chances increased to 8% on Kalshi. 💸
SBF’s Clemency Request: A Tale of Two Parents
While clemency requests typically go through the Justice Department, Trump has historically considered informal appeals. White-collar legal advisers report a surge in inquiries from individuals hoping to leverage political connections for leniency. 💼
Ryan Salame, a former FTX executive serving a seven-year sentence, has also indicated interest in seeking a pardon, according to Bloomberg. 👨⚖️
Trump, who once dismissed cryptocurrency, has since embraced the industry, attracting support from digital asset advocates and figures seeking regulatory rollbacks. 💸📈
Additionally, Trump has shown a willingness to assist individuals who claim to be victims of political prosecutions, including New York Mayor Eric Adams, who has suggested his bribery case was politically motivated. 🤔
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2025-01-30 23:50