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.
FTX co-founder Sam Bankman-Fried's parents are reportedly seeking legal advice on how to secure a presidential pardon for their son from Donald Trump.
According to people familiar with the matter, Joseph Bankman and Barbara Fried, both Stanford Law School professors, have met with lawyers and others connected to Trump's circle to discuss the possibility of obtaining clemency.
There is no indication that they have reached out to the White House directly.
During his presidency, Trump granted pardons to several high-profile individuals, including Silk Road founder Ross Ulbricht.
Ulbricht was convicted of drug trafficking and money laundering offenses. His case has been a focal point for those seeking similar relief, especially after he received a strong push for clemency from the crypto community.
Last week, Ulbricht was granted a full pardon by President Donald Trump after serving 11 years in prison. The decision, announced on Trump's Truth Social platform, fulfilled his campaign promise and sparked widespread debate.
However, unlike Ulbricht, Sam Bankman-Fried does not currently have widespread public support advocating for a pardon.
He has argued that his 25-year sentence was excessive, especially considering that most FTX customers have recovered their funds. Some legal experts believe this claim could be a factor in potential clemency discussions.
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