The recent arrest and conviction of cryptocurrency mogul, Sam Bankman-Fried (SBF), has sent shockwaves through the digital currency community. The 29-year-old founder of FTX, one of the world’s largest cryptocurrency exchanges, was charged with securities fraud and market manipulation, resulting in a $6.5 million fine and a one-year ban from trading in the United States.

But now, it seems that SBF’s parents, Joseph Bankman and Barbara Fried, are not giving up on their son’s case just yet. According to sources close to the family, they are exploring the possibility of seeking clemency from President Trump.

This move comes as no surprise, as SBF’s parents have been vocal about their belief in their son’s innocence. They have stood by him throughout the legal proceedings, and have even hired a team of top lawyers to fight his case. But with the recent verdict, they are now turning to the highest authority in the country for help.

The decision to seek clemency from President Trump is a bold move, considering the controversial nature of SBF’s case. However, his parents are determined to do whatever it takes to clear their son’s name and restore his reputation.

SBF’s arrest has not only affected his personal life, but it has also had a significant impact on the cryptocurrency industry. As a prominent figure in the community, his actions and decisions have the power to influence the market. With his ban from trading in the US, many are concerned about the potential consequences for the industry.

The outcome of this plea for clemency remains uncertain, but one thing is for sure – SBF’s parents are not giving up without a fight. They are determined to do everything in their power to ensure that their son’s case is heard and justice is served. As the cryptocurrency world watches and waits, the fate of SBF and the industry hangs in the balance.