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Trump asked to pardon FTX founder Bankman-Fried

Trump asked to pardon FTX founder Bankman-Fried

HappyCoinNews2025/01/31 13:55
By: HappyCoinNews
FTT+1.69%

US President Donald Trump have asked pardon the founder of the bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried.

Last year, Bankman-Fried was found guilty of fraud that defrauded FTX customers of nearly $8 billion. For that crime, Sam was sentenced to 25 years in prison and won't be released until 2036.

However, the swindler's parents, Joseph Bankman and Barbara Fried, want to free their offspring much earlier than the due date. They allegedly met with Trump's lawyers and associates to discuss the issue of pardoning their son. However, neither Sam's relatives nor White House representatives have yet confirmed or denied these rumors.

Trump asked to pardon FTX founder Bankman-Fried image 0

Joseph Bankman and Barbara Fried

Donald's associate, businessman Elon Musk was sure that former US President Joe Biden would show leniency to Bankman-Fried and pardon him before leaving the Oval Office. But despite Bankman-Fried's large donations to Democrats, Biden did not relent and left the disgraced businessman behind bars.

Trump, who came to power on January 20, has, on the contrary, established himself as a good Samaritan. Donald has pardoned about 1,500 people convicted of participating in the storming of the Capitol in 2021 and the creator of the darknet marketplace Silk Road Ross Ulbricht , who was supposed to be in prison until his death. So it's not without reason that Sam's parents are pinning their hopes on Trump.

EN @happycoinnews
EN @happycoinnews_en
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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