Allies nervous that Trump is falling for charm offensive of notorious criminal
Source: Raw Story · Bias: Far Left
Summary
Disgraced crypto executive Sam Bankman-Fried is betting that Trump's well-documented willingness to pardon allies who lavish praise on his administration will extend to him, even as influential Republicans urge the president to reject his bid for freedom.Bankman-Fried, 32, is currently serving a 25-year sentence handed down in March 2024 for orchestrating a multibillion-dollar fraud scheme through his now-defunct cryptocurrency exchange FTX.According to Politico, the jailed executive's legal team is aggressively lobbying Trump and his crypto-friendly inner circle for a pardon — a move that's already drawing pushback from Republicans who built their political brands on cryptocurrency advocacy."The guy's a piece of s--t," said Sen. Bernie Moreno (R-OH), a longtime crypto enthusiast who has championed industry-friendly legislation. "The guy shouldn't be pardoned. The guy should go to jail for a long, long time."From behind bars, Bankman-Fried has mounted a calculated charm offensive on X. His account has lauded the Trump administration's drug pricing initiative, praised Trump's economic stewardship, and positioned the president as crypto's savior. He's also given a jailhouse interview to Tucker Carlson, where he blamed his conviction on "Biden's lawfare machine," drawing a parallel to the federal indictments Trump faced after leaving office."I hope the president doesn't fall for that," said Sen. Cynthia Lummis, a Wyoming Republican known as the Senate's "crypto queen." "He hurt a lot of people. He should have to spend some time contemplating that."Rep. Mike Flood of Nebraska, a rising Republican voice on the House Financial Services Committee, expressed disbelief at the brazenness of Bankman-Fried's pardon campaign."He crashed the car, man. He engaged in massive fraud," he said. "Wall Street's not needing him back to fix any problems. He helped us identify a problem by committing a massive amount of fraud — and we rewarded him with a long stay in a federal prison."Trump has already demonstrated a willingness to pardon controversial crypto figures. He granted clemency to Changpeng Zhao, former CEO of the crypto exchange Binance, who pleaded guilty in 2023 to money laundering-related charges. On his second day back in office, Trump also fulfilled a campaign promise by freeing Ross Ulbricht, founder of the dark web marketplace Silk Road.Still, a pardon for Bankman-Fried faces long odds. Trump told The New York Times in January he has no plans to pardon Bankman-Fried, with no indication his stance has shifted. That said, the aggressive lobbying campaign reflects a broader pattern: Trump has handed out pardons to numerous white-collar criminals, many of whom orchestrated costly influence operations. The White House declined to comment on whether a Bankman-Fried pardon remains a possibility.You can read more here.
Related Coverage
- Trump announces new pardons after privately weighing "Diddy" clemency, sources said (Center — Politics - CBSNews.com)
- 'Total disaster' at Trump's fair as scorching heat leaves 7 on 'advanced life support' (Far Left — Raw Story)
- Trump, ballot seizures and a ‘declaration’: Gavin Newsom teases tiresome July 4 address to the state (Right — New York Post)
- 'Not mentally well': MAGA suspects Trump sabotaged by liberals armed with weather machines (Far Left — Raw Story)
- 'God is angry': Internet bemused as Mother Nature comes for Trump's Mount Rushmore speech (Far Left — Raw Story)
- ‘The second-most good-looking president’: Trump entertains on Usha Vance’s program (Far Right — WorldNetDaily)
- President Trump Reads “Presidents Play” (Far Right — The Last Refuge)
- Melania gives Congress private deadline as she works around Trump's team: report (Far Left — Raw Story)
More Headlines From March 16, 2026
- Trump Says Wiles Has Cancer, Will Continue as Chief of Staff (Center)
- US airline CEOs urge Congress to end shutdown and pay airport workers (Center)
- White House chief of staff Susie Wiles diagnosed with 'early stage breast cancer': Trump (Center)
- Trump says he’s ‘thrilled’ to see Brendan Carr looking at FCC licenses of news organizations (Center)
- Gas prices reach highest level since October 2023 as oil holds above $100 per barrel; US stocks jump (Right)







