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.
Read more,# SBF’s Parents Seek a Presidential Get-Out-of-Jail-Free Card
## Key Points
– **The Parental Plea**: Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, are looking to charm their way to clemency with a little help from President Trump.
– **Lawyer Meetups**: They’ve been chit-chatting with legal eagles and Trump associates to see if they can pull some political strings for their son’s 25-year prison sentence.
– **From Hero to Zero**: Sam went from crypto superstar to a cautionary tale faster than you can say “pump and dump,” as FTX crumbled in late 2022 due to a fraudulent house of cards.
## Hot Take
So, it seems like SBF’s parents are channeling their inner political operatives! They’ve gone from forcing him to study math to trying to convince a former president to let him out of the slammer. I guess when your son is a crypto pariah, you pull out all the stops! Let’s hope they don’t plan on using a public opinion poll to judge this one. 🤔💸
#StayClever #CryptoDrama #FamilyMatters
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JustInvestNews, SBF, Trump, Crypto, ClemencyOriginal article: https://cointelegraph.com/news/sbf-parents-seek-pardon-trump-report?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
