The parents of Sam Bankman-Fride, former FTX CEO, who are currently serving a 25-year jail sentence for fraud, are searching for the possibility of receiving an forgiveness for their son from Donald Trump.
Professors of Stanford Law School Joseph Bankman and Barbara Fried have allegedly met with lawyers and persons associated with the circle of President Donald Trump in recent weeks, According To Bloomberg.
It is not clear whether a direct outreach has been created for Trump or his campaign. Both parents refused to comment, and the legal team of Bankman-Fride has not yet responded to the inquiry.
Trump’s recent use of his forgiveness authority, including Silk Road founder for Ross Albich, has raised interest from white-collar defendants seeking similar relief.
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While Clemensey requests usually pass through the Department of Justice, Trump has historically considered an informal appeal. White-collar legal advisors reported an increase in interrogation of individuals, hoping to take advantage of political relations.
According to Bloomberg, former FTX executive Ryan Salam, who has been sentenced to seven years, has also indicated interest in apologizing.
Trump, who once rejected the cryptocurrency, has since embraced the industry, who have been looking for a regulatory rollback from digital asset advocates and figure.
Additionally, Trump has shown a desire to help individuals who claim to be a victim of political prosecution including New York Mayor Eric Adams, who suggested that his bribery case was politically motivated.
