Sam Bankman-Fried's parents are working tirelessly to secure a presidential pardon for their son, who is serving a 25-year fraud sentence. Their meetings with lawyers and Trump insiders bring a glimmer of hope for a positive outcome.
Trump's Pardon History
Trump's recent clemency moves, such as the pardon of Ross Ulbricht, offer hope to white-collar criminals. Sam Bankman-Fried hopes to shorten his 25-year sentence, especially since FTX customers have mostly recouped their losses.
Common Enemies: SBF and Trump Against the Judge
An intriguing twist in the case is the mutual dislike both SBF and Trump have for Judge Lewis A. Kaplan, who sentenced them. Both accuse the judge of bias, which might work in Bankman-Fried's favor if Trump chooses to intervene.
Betrayal and Consequences: Gary Wang's Role
Adding complexity to SBF’s defense is the betrayal by Gary Wang. Wang, a close friend and co-founder of FTX, cooperated with prosecutors, strengthening the case against SBF by developing software that exposed fraud.
As Sam Bankman-Fried's legal team formulates a pardon strategy, they also face the ramifications of Gary Wang's betrayal. Whether President Trump will intervene to reduce the sentence remains uncertain.
