Reports suggest that Joseph Bankman and Barbara Fried, parents of Sam Bankman-Fried (SBF), are trying to secure a presidential pardon for their son. However, it is unclear whether they have directly contacted Donald Trump, the President of the United States, or his team. These efforts come amidst a spotlight on cryptocurrency-related pardons, especially after Trump pardoned Ross Ulbricht, founder of Silk Road. Unlike Ulbricht, who had strong supporters advocating for his freedom, SBF faces significant challenges due to his involvement in a major financial scam. Despite discussions, betting markets remain skeptical about SBF’s chances of receiving a pardon. The PredictIt market currently gives only a 6% chance, while Ulbricht had a 95% chance before his pardon.
