On the 30th (local time), Bloomberg announced that Bankman Freed's parents, Joseph Bankman,
Bankman and Barbara Fried met with lawyers and individuals associated with the Trump administration to investigate Donald Trump.
The report said that the two have discussed the possibility of asking President Trump to pardon Bankman Freed. The FTX exchange, which Bankman Freed led, is expected to announce that it will hold a 100% pardon for its customers at the end of 2022.
After being unable to process withdrawals and collapsing within days, a business model based on fraud, EMBEZZLEMENT and the improper use of customer funds was revealed.
Bankman Freed's criminal trial is set to end in November 2023, when he is charged with wire fraud, securities fraud and commodities fraud.
He was found guilty of seven charges, including fraud and other fraud. His sentence is scheduled to be sentenced on March 28, 2024. Prior to this, President Trump announced that he would be involved in the Silk Road project.
He kept his campaign promise by pardoning Ross Ulbricht, founder of the NBC News network's 'Road'. Ulbricht was serving a double life sentence.
He served 11 years in prison but was pardoned. Many in the crypto community thought that Bankman Freed was likely to be pardoned under former President Joe Biden.
Cointelegraph reported that the Trump administration has been a strong ally of the industry. Even if President Trump were to pardon him, it is unclear whether he would be spared any prison time he may have served.
White criminals are hoping that President Trump will hear their case. Unlike Bankman Freed's case, however, Ulbricht's case is a "national tragedy."
It differs in that many see it as an “excessive exercise of power,” said Lucien Bourdon, a bitcoin analyst at Trezor.
2025/01/31 16:55 KST
Copyright(C) BlockchainToday wowkorea.jp 117