The mother and father of FTX co-founder Sam Bankman-Fried have reportedly sought authorized recommendation on securing a presidential pardon for his or her son from Donald Trump. Joseph Bankman and Barbara Fried, each Stanford Legislation College professors, have held conferences with authorized professionals and people related to Trump’s circle relating to potential clemency.
Their efforts come after Sam Bankman-Fried was sentenced to 25 years in jail for fraud associated to the collapse of the cryptocurrency trade FTX.
Sam Bankman-Fried’s Dad and mom Meet Legal professionals to Safe Trump’s Pardon
In response to a current Bloomberg report, Sam Bankman-Fried’s mother and father are exploring methods to safe a pardon from Donald Trump. They’ve met with legal professionals and different people linked to Trump’s community.
These discussions centered on the potential for acquiring clemency for his or her son. Nevertheless, there is no such thing as a affirmation of any direct outreach to the White Home.
Notably, throughout his presidency, Donald Trump granted pardons to a number of high-profile people. The case of Ross Ulbricht, founding father of Silk Highway, has been a key reference level for these searching for related aid. Ulbricht, convicted of drug trafficking and cash laundering, acquired a robust push from the crypto neighborhood for clemency.
Not like Ulbricht, Sam Bankman-Fried doesn’t presently have widespread public assist advocating for a pardon. Nevertheless, he has argued that his 25-year sentence was extreme, citing that the majority FTX prospects have recovered their misplaced funds. Some authorized consultants imagine this declare may very well be a consider potential clemency discussions.
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Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with 4 years {of professional} expertise, having contributed considerably to numerous media shops on cryptocurrency developments and applied sciences. With over 4000 revealed articles throughout numerous media shops, he goals to tell, educate and introduce extra individuals to the Blockchain and DeFi world. Exterior of his journalism profession, Ronny enjoys the fun of motorbike driving, exploring new trails and landscapes.
Disclaimer: The introduced content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
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