Former Democratic donor turned disgraced cryptocurrency mogul Sam Bankman-Fried is making a bold bid for a pardon from the Trump administration following his conviction on charges of fraud, conspiracy, and money laundering in connection with the collapse of his crypto exchange, FTX. Bankman-Fried’s supporters, including his parents, have been working behind the scenes to secure clemency, engaging with lawyers and lobbyists with ties to President Trump. While there is no direct communication with Trump or his advisers, the effort is aimed at leveraging Trump’s penchant for granting pardons to those with personal connections or claims of prosecutorial misconduct, similar to his own legal battles.
Bankman-Fried’s push for a pardon includes reaching out to politically connected figures and drafting opinion pieces to potentially sway Trump’s opinion. Despite his previous Democratic ties and opposition to Trump, Bankman-Fried’s allies believe they can highlight flaws in his prosecution that could resonate with the former president. An interview with Tucker Carlson, a close associate of Trump, was conducted from prison, where Bankman-Fried is currently serving his sentence. The interview caused him to be placed in solitary confinement, as prison rules prohibit unauthorized communication with inmates.
The pardon effort, although facing resistance within the crypto community, is driven by hope that key aspects of Bankman-Fried’s case could catch Trump’s attention. This includes alleged bias by the judge overseeing the trial and the prosecutor’s involvement in unrelated high-profile cases. Bankman-Fried’s legal team, led by a former Trump campaign lawyer, is making a case for clemency based on these factors. Despite initial setbacks and opposition, the efforts to secure a pardon for Bankman-Fried continue as he maintains his innocence and fights to reverse his conviction.
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