SBF’s parents seek pardon from President Trump: Report
SBF’s parents, Joseph Bankman and Barbara Fried, are reportedly exploring the possibility of putting their son’s case before President Trump for clemency.
The parents of former FTX CEO Sam “SBF” Bankman-Fried are reportedly exploring the possibility of a presidential pardon for their son, who was sentenced to 25 years in prison last March.
According to a Jan. 30 Bloomberg report citing anonymous sources, Bankman-Fried’s parents have already met with lawyers and other figures close to the Trump administration to determine whether clemency was possible.
Once considered to be the golden child of crypto, Bankman-Fried’s house of cards fell apart in late 2022 when FTX couldn’t fulfill customer withdrawals. The exchange collapsed in a matter of days, revealing a business built on fraud, embezzlement and misuse of customer funds.
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Author: Sam Bourgi
