{"id":463759,"date":"2025-01-30T20:18:04","date_gmt":"2025-01-30T20:18:04","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=463759"},"modified":"2025-01-30T20:18:04","modified_gmt":"2025-01-30T20:18:04","slug":"sam-bankman-frieds-parents-reportedly-eye-trump-pardon-for-jailed-son","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/sam-bankman-frieds-parents-reportedly-eye-trump-pardon-for-jailed-son\/","title":{"rendered":"Sam Bankman-Fried\u2019s parents reportedly eye Trump pardon for jailed son"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The parents of <a href=\"https:\/\/cryptoslate.com\/people\/sam-bankman-fried\/\">Sam Bankman-Fried<\/a> (SBF) are exploring potential avenues to secure a presidential pardon from President <a href=\"https:\/\/cryptoslate.com\/people\/donald-trump\/\">Donald Trump<\/a>, Bloomberg News reported on Jan. 30, citing a person familiar with the matter.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly engaged in discussions with lawyers and individuals within Trump's orbit in recent weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While it remains unclear whether they have made direct outreach to the White House, their efforts signal an attempt to seek clemency for their 32-year-old son, who was sentenced to 25 years in prison for fraud.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SBF's parents and the White House declined to comment. A lawyer representing SBF, who has already filed an appeal against his 2023 conviction related to the collapse of <a href=\"https:\/\/cryptoslate.com\/companies\/ftx\/\">FTX<\/a>, did not immediately respond to inquiries.\u00a0<\/span><\/p>\n<h2><strong>Run for pardons<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Trump's swift use of the presidential pardon, including the recent commutation of Silk Road founder Ross Ulbricht's life sentence, has sparked a surge in requests from high-profile white-collar criminals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jeffrey Grant, a legal adviser for white-collar defendants, noted that he has received around 100 pardons-related inquiries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He said:<\/span><\/p>\n<blockquote><p><strong>&#8220;We have been hearing from people in prison, from people recently sentenced who haven\u2019t yet reported to the Bureau of Prisons, from people who have just been indicted. They are looking for somebody who knows somebody.&#8221;<\/strong><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">However, SBF does not currently enjoy the widespread support that Ulbricht had. He has argued that his 25-year sentence is excessively harsh, particularly since many FTX customers have recovered most of their lost funds.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another former FTX executive, <a href=\"https:\/\/cryptoslate.com\/people\/ryan-salame\/\">Ryan Salame<\/a>, who received a seven-year sentence, has also expressed interest in a presidential pardon.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sam Mangel, a white-collar prison consultant who has previously worked on clemency requests for Trump allies Steve Bannon and Peter Navarro, said he handles multiple cases.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He also shared that he has received informal guidance that cases related to sex crimes, true crimes of violence, and illegal immigration cases will not be considered.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The parents of Sam Bankman-Fried (SBF) are exploring potential avenues to secure a presidential pardon from President Donald Trump, Bloomberg News reported on Jan. 30, citing a person familiar with the matter.\u00a0 Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly engaged in discussions with lawyers and individuals within Trump&#8217;s orbit in recent [&hellip;]<\/p>\n","protected":false},"author":1511,"featured_media":405712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,77968,60793,77644],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sam Bankman-Fried\u2019s parents reportedly eye Trump pardon for jailed son<\/title>\n<meta name=\"description\" content=\"Although SBF&#039;s parents are trying the same path as Ross Ulbricht, the FTX co-founder has way less support.\" \/>\n<meta name=\"robots\" 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