- Donald Trump told the New York Times he does not plan to pardon Sam Bankman‑Fried.
- Bankman‑Fried is the convicted founder of FTX and Alameda Research.
- Trump has used his pardon power this term for many allies and convicted figures, including politicians and businesspeople.
- Documents show Bankman‑Fried drafted a list of ideas described as “random probably bad ideas” that included *”go on Tucker Carlsen, [sic], come out as Republican.”* (court filing).
- Bankman‑Fried’s parents have met with lawyers and contacts in Trump’s circle about a pardon, a development that outlets have reported.
Donald Trump told the New York Times in early January that he does not intend to pardon Sam Bankman‑Fried, the founder of FTX and Alameda Research, who was convicted of fraud.
The president has granted clemency to many supporters and convicted individuals during his term. Those pardoned or granted clemency include participants in the January 6 events and named figures such as George Santos, Marian Morgan, Lawrence Duran, Carlos Watson, Jason Galanis, Robert Harshbarger, Cade Cothren, Charles Overton Scott, John Rowland, Julie and Todd Chrisley, Scott Howard Jenkins, Trevor Milton, Devon Archer, Brian Kelsey, and former Illinois governor Rod Blagojevich.
The campaign to seek clemency for Bankman‑Fried dates back to before his arrest. Court records show he created a document described as "random probably bad ideas" that proposed, among other steps, "go on Tucker Carlsen, [sic], come out as Republican." (court filing).
Afterward, Bankman‑Fried appeared on Tucker Carlson’s program and identified publicly as a Republican. His parents, law professors Joseph Bankman and Barbara Fried, have met with lawyers and people in Trump’s orbit about a potential pardon, a development outlets have reported.
Separately, the president has issued high-profile clemencies, including a pardon for investor Joe Lewis for insider trading violations and a pardon for Binance co‑founder and former CEO Changpeng Zhao. The administration also pardoned former Honduran president Juan Orland Hernández.
A presidential pardon is the power to forgive or set aside federal criminal convictions. Insider trading is illegal trading based on nonpublic, material information; a pardon cancels federal penalties but does not erase factual records of conviction.
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