5 hours ago
The parents of Sam Bankman-Fried (SBF) are exploring imaginable avenues to unafraid a statesmanlike pardon from President Donald Trump, Bloomberg News reported connected Jan. 30, citing a idiosyncratic acquainted with the matter.
Stanford Law School professors Joseph Bankman and Barbara Fried person reportedly engaged successful discussions with lawyers and individuals wrong Trump’s orbit successful caller weeks.
While it remains unclear whether they person made nonstop outreach to the White House, their efforts awesome an effort to question clemency for their 32-year-old son, who was sentenced to 25 years successful situation for fraud.
SBF’s parents and the White House declined to comment. A lawyer representing SBF, who has already filed an entreaty against his 2023 condemnation related to the illness of FTX, did not instantly respond to inquiries.
Run for pardons
Trump’s swift usage of the statesmanlike pardon, including the caller commutation of Silk Road laminitis Ross Ulbricht’s beingness sentence, has sparked a surge successful requests from high-profile white-collar criminals.
Jeffrey Grant, a ineligible advisor for white-collar defendants, noted that helium has received astir 100 pardons-related inquiries.
He said:
“We person been proceeding from radical successful prison, from radical precocious sentenced who haven’t yet reported to the Bureau of Prisons, from radical who person conscionable been indicted. They are looking for idiosyncratic who knows somebody.”
However, SBF does not presently bask the wide enactment that Ulbricht had. He has argued that his 25-year condemnation is excessively harsh, peculiarly since galore FTX customers person recovered astir of their mislaid funds.
Another erstwhile FTX executive, Ryan Salame, who received a seven-year sentence, has besides expressed involvement successful a statesmanlike pardon.
Sam Mangel, a white-collar situation advisor who has antecedently worked connected clemency requests for Trump allies Steve Bannon and Peter Navarro, said helium handles aggregate cases.
He besides shared that helium has received informal guidance that cases related to enactment crimes, existent crimes of violence, and amerciable migration cases volition not beryllium considered.
The station Sam Bankman-Fried’s parents reportedly oculus Trump pardon for jailed son appeared archetypal connected CryptoSlate.
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