Sam Bankman-Fried’s parents are actively seeking a pardon from former President Donald Trump, hoping to mitigate their son’s 25-year prison sentence related to the FTX exchange scandal. Joseph Bankman and Barbara Fried, both prominent figures at Stanford Law School, have begun consultations with attorneys connected to Trump’s legal team.
What Led to Bankman-Fried’s Long Sentence?
Bankman-Fried received his lengthy sentence due to serious fraud charges that contributed to the downfall of FTX. His family believes that given the recovery of funds for affected customers, the sentence warrants reconsideration.
How Is the Family Pursuing the Pardon?
The family maintains that the punishment is disproportionately harsh and is exploring legal channels to facilitate the pardon request. Barbara Fried stated, “We want our son’s sentence to be reassessed,” highlighting their determination.
Historical cases, such as that of Ross Ulbricht, who was granted a pardon for his role in the Silk Road, may serve as a reference point for this request. However, the family recognizes that public opinion and legal arguments significantly impact such clemency requests.
– The family’s appeal may benefit from legal precedent set by previous pardons.
– They argue that the recovery of FTX customer funds could influence the decision.
– The request proceeds despite limited public support for Bankman-Fried.
While the path ahead remains uncertain, Bankman-Fried’s family continues to advocate for a reassessment of his sentence, hoping their efforts will yield a favorable outcome and justice for their son.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/will-trump-grant-pardon-to-bankman-fried