Sam Bankman-Fried’s Parents Seek Presidential Pardon
- Sam Bankman-Fried was sentenced to 25 years in prison for fraud, conspiracy, and money laundering.
- He is ordered to forfeit $11 billion following his conviction.
- His parents, Joseph Bankman and Barbara Fried, are exploring a presidential pardon from Donald Trump.
- The couple has reportedly engaged with individuals connected to Trump’s inner circle.
- FTX collapsed in November 2022 due to financial issues at its sister company, Alameda Research.
Joseph Bankman and Barbara Fried are seeking clemency for their son Sam Bankman-Fried, who faces a 25-year prison term and an $11 billion forfeiture after FTX’s collapse. They have reportedly contacted Trump’s associates regarding a potential pardon.
Source (2.6)https://www.coindesk.com/policy/2025/01/31/sam-bankman-fried-s-parents-seek-presidential-pardon-for-their-son-report?rand=52298
