The 47th president has the power to offer a pardon or clemency to the founder of FTX, who is running out of options to avoid a quarter-century in prison.

Following Donald Trump’s first presidential election victory in 2016, “a relatively obscure” Stanford law professor named Barbara Fried was devastated, according to a report. But she vowed to take action against the polarizing new president,

Boy Genius While disgraced FTX cofounder Sam Bankman-Fried rots away behind bars for fraud, his parents are making the rounds in Trumpworld and trying to plant the seeds for a potential pardon. As Bloomberg reports,

The parents of disgraced FTX founder Sam Bankman-Fried are reportedly seeking a presidential pardon for their son through Donald Trump’s team, according to Bloomberg. Bankman-Fried is currently serving a 25-year prison sentence for his involvement in the collapse of FTX,

The promotion by President Trump of an assistant United States attorney, Danielle Sassoon, to acting United States attorney for the Southern District of New York could signal approval of her highest-profile conviction — that of a fallen crypto billionaire, Sam Bankman-Fried.

Fried’s parents push for Trump pardon after his 25-year fraud sentence, amid rising clemency hopes for white-collar crimes.

Fried's parents are actively pursuing a presidential pardon from Donald Trump, engaging with his inner circle following Trump's recent clemency grants, including that of Ross Ulbricht.

Stanford Law School professors Joseph Bankman and Barbara Fried had meetings in recent weeks with lawyers and other figures considered to be in Mr Trump’s orbit about clemency for their 32-year-old son, who was sentenced to 25 years in prison for fraud in 2024, the person said. It is unclear if outreach has been made to the White House.