Bankman-Fried’s Parents Push for Trump Pardon as Legal Options Dwindle

Sam Bankman-Fried’s parents, both Stanford law professors, have reportedly been seeking legal guidance on the possibility of securing a presidential pardon for their son from Donald Trump.

Following his conviction and 25-year prison sentence for fraud tied to the collapse of FTX, they have engaged with attorneys and individuals linked to Trump’s network to explore clemency options.

While no direct contact with the White House has been confirmed, Trump’s history of pardoning high-profile figures, including Silk Road’s Ross Ulbricht, has fueled speculation. Unlike Ulbricht, however, Bankman-Fried lacks strong public backing for clemency, though he has argued that his sentence is excessive, pointing to claims that most FTX customers have recovered their funds.

Legal consultants specializing in white-collar cases report an uptick in pardon inquiries, with many seeking connections to Trump’s inner circle. Advisors suggest that successful clemency cases tend to avoid violent crimes or sex offenses, leaving uncertainty around Bankman-Fried’s chances.

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His legal team has filed an appeal, but a presidential pardon could offer another route to early release. Trump has previously bypassed the Justice Department in granting pardons, but whether Bankman-Fried will receive similar treatment remains uncertain.

Meanwhile, Trump has continued pushing his crypto-related policies, recently issuing an executive order to advance digital asset regulation.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.