Sam Bankman-Fried's parents are reportedly seeking a presidential pardon for their son, who is currently serving a 25-year sentence for defrauding investors through FTX, a major cryptocurrency exchange. It is unclear if they have directly contacted Trump or his administration. This comes amid speculation that other high-profile figures in the crypto community may also receive pardons, following Trump's clemency for Silk Road founder Ross Ulbricht. Despite Elon Musk's support for Bankman-Fried, betting markets give him only a 6% chance of receiving a pardon. The outcome remains uncertain, but the crypto industry is closely watching the situation.



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