Joseph Bankman and Barbara Fried have met with lawyers and members of president Donald Trump\u2019s administration
\nTrump has already pardoned Silk Road creator Ross Ulbricht who served 12 years in prison
\nEarly Bitcoin investor Roger Ver, who faces a 109-year prison sentence, has also asked Trump to help him<\/p>\n
The parents of former FTX CEO Sam Bankman-Fried are seeking to get their son a presidential pardon from Donald Trump.<\/p>\n
Stanford law professors Joseph Bankman and Barbara Fried have reportedly met with lawyers and members of Trump\u2019s<\/a> administration. According to Bloomberg<\/a>, the pair hopes to receive clemency for their son, who is serving a 25-year prison sentence.<\/p>\n Bankman-Fried<\/a> was sentenced last March<\/a> after being found guilt of fraud. The platform filed for bankruptcy in 2022.<\/p>\n The move comes as Trump gave a presidential pardon<\/a> to Silk Road creator Ross Ulbricht<\/a> in the first week of entering the White House.<\/p>\n During his presidential campaign, Trump promised that he would release Ulbricht<\/a> \u2013 who served 12 years in prison \u2013 if he was re-elected as president.<\/p>\n According to the report, Bankman-Fried previously called his sentence \u201cdraconian\u201d despite FTX customers having recovered most of their money. In December, it was reported that the crypto exchange would begin repaying customers in early January<\/a>.<\/p>\n Gary Wang, FTX co-founder, avoided a prison sentence<\/a> in November with judge Lewis Kaplan sentencing him to time served. Nishad Singh, an ex-FTX executive, also avoided a prison sentence<\/a>.<\/p>\n However, Caroline Ellison, the former CEO of Alameda Research \u2013 the sister company to FTX \u2013 received a 24-month prison sentence<\/a> in September.<\/p>\n Last Sunday, early Bitcoin investor Roger Ver posted a video message on X calling on Trump to help him<\/a> avoid a prison sentence of up to 109 years. In his message, Ver wrote: \u201cMr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me @realDonaldTrump.\u201d<\/p>\n The post Sam Bankman-Fried\u2019s parents are seeking a presidential pardon from Trump<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Joseph Bankman and Barbara Fried have met with lawyers and members of president Donald Trump\u2019s administration Trump has already pardoned Silk Road creator Ross Ulbricht who served 12 years in prison Early Bitcoin investor Roger Ver, who faces a 109-year prison sentence, has also asked Trump to help him The parents of former FTX CEO […]<\/p>\n","protected":false},"author":0,"featured_media":2427,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2426","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2426"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2427"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Pardoning Ulbricht<\/h2>\n