• Written by: Nakamura Haruto
  • Tue, 11 Mar 2025
  •   Indonesia

Former FTX CEO Sam Bankman-Fried is seeking a pardon from former President Donald Trump, but political experts view his chances as slim.The post Sam Bankman-Fried Seeks Trump Pardon Despite Faint Hopes appeared first on Kanalcoin.

Sam Bankman-Fried Seeks Trump Pardon Despite Faint Hopes

According to Fortune, former FTX CEO Sam Bankman-Fried is seeking a pardon from former President Donald Trump, but political experts view his chances as slim.

The disgraced crypto entrepreneur, sentenced to 25 years in prison after the collapse of his exchange, has shifted his public stance in an effort to align with Trumps base.

Bankman-Fried, once a major Democratic donor and a key figure in Washingtons crypto lobbying scene, was among the largest contributors to President Joe Bidens 2020 campaign.

His influence extended to Capitol Hill, where he donated tens of millions to congressional candidates, advocating for crypto regulations and pandemic preparedness.

However, following FTXs bankruptcy and his legal troubles, he claimed to have secretly funneled equal amounts to Republicans through untraceable dark money channels.

Unauthorized Interview Lands Bankman-Fried in Solitary

Now, Bankman-Fried appears to be attempting a political rebranding. A recent interview on The Tucker Carlson Show, reportedly unauthorized, led to his placement in solitary confinement.

Despite this, he has continued outreach efforts, including consulting a lawyer linked to Trump. Additionally, his father, Stanford Law professor Joe Bankman, co-wrote an opinion piece praising Trumps economic policies.

Despite these moves, crypto industry insiders remain skeptical. One lobbyist, speaking anonymously, dismissed the pardon effort outright, calling the odds near zero.

Another acknowledged that Trumps increasing alignment with the crypto sectorhighlighted by his past pardon of Silk Road founder Ross Ulbrichtcould improve Bankman-Frieds chances.

However, the lobbyist noted that unlike Ulbricht, who was widely supported in libertarian crypto circles, Bankman-Fried remains largely unpopular due to the massive fraud that triggered a prolonged downturn in the industry.

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The post Sam Bankman-Fried Seeks Trump Pardon Despite Faint Hopes appeared first on Kanalcoin.