Jailed crypto founder Sam Bankman-Fried seeks Trump pardon

[SouthBayDem]

Source: BBC

Sam Bankman-Fried, the one-time giant in cryptocurrencies currently in prison for fraud, has applied for a pardon from President Donald Trump.

Bankman-Fried was given a 25-year sentence after he was convicted of multiple federal charges related to FTX, the cryptocurrency exchange that he founded and led, and its related company Alameda Research.

Just two years into that sentence, the 34-year-old former billionaire has now filed an application for pardon after completion of sentence to the Department of Justice, according to online records.

Should Bankman-Fried ultimately receive a pardon, his crimes would essentially be forgiven under the law.

Read more: https://www.bbc.com/news/articles/cjwgd6jqd5do

[bucolic_frolic]

1. Were his crimes large enough for a pardon? Crypto fraud is so penny-ante

[Bengus81]

7. Nothing small about it. He ripped off people who just had deposits in FTX

just setting there for $8 BILLION $$. He defrauded others and gave false info and screwed them out of another $3B. That POS should do his entire 25 years and shut up.

[Walleye]

2. Does a pardon wipe out his obligation to pay damages?

Well, this administration, you know what they say never steal anything…
Small

[IbogaProject]

10. I think one of the investments increased significantly

I think his firm brought shares in Anthropic and that stock went public and then increased in value. So I believe the investors were largely made whole, which isn't bad since they were investing in a BS thing like crypto. That said no way the Prez pardons a big Democratic donor.

[Walleye]

11. I'm really tired of him selling pardons and the presidency

Don’t you just hate it when some maga moron says,
“He can’t be corrupted, he already has more money than he needs”

[ALBliberal]

3. And he will get it!!

[cstanleytech]

4. I wonder how much he'll offer Trump for the pardon.

[rurallib]

5. Surely he knows the game: bribes first then Trump will consider

Must be a substantial bribe

On edit: I wonder if Trumpco has a price list?

[FakeNoose]

6. Well Jared used to handle the under-the-table bribes, but he's busy with other stuff now

[Aussie105]

8. Sam Bankman-Fried?

He didn't mean it, someone else made him do it, and anyway, gullible mugs are meant to be fleeced.

Trump will sympathise and pardon him, guaranteed!

Sam of course will become a devotee, and Trump needs those.

[mdbl]

9. Does he have enough money? That's all it will take

Give some to Dump and viola!