Laura Loomer alleges a “well-funded” effort is underway to secure a presidential pardon for Sam Bankman‑Fried, claiming political operatives are lobbying for clemency; there is no public, verifiable record confirming an organized campaign as of the March 2025 posts.
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Allegation: a mobilized, funded lobby is seeking SBF’s pardon
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Key facts: SBF was convicted in 2024, sentenced to 25 years and ordered to forfeit $11 billion, per federal court records.
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Context: Claims reported on X (March 11, 2025) have not been corroborated by official statements from the Trump campaign or Bankman‑Fried’s legal team.
Sam Bankman‑Fried pardon effort: Laura Loomer warns of a “well‑funded” lobby to secure clemency — read the verified facts, court records, and what this means for politically charged crypto issues. Stay informed with COINOTAG.
What is the alleged effort to pardon Sam Bankman‑Fried?
The alleged Sam Bankman‑Fried pardon effort refers to claims made by conservative activist Laura Loomer on X that a “highly mobilized and well funded” campaign is lobbying for presidential clemency for the FTX founder. Federal court records show Bankman‑Fried was convicted in 2024 and sentenced to 25 years with $11 billion in forfeiture; no official clemency action has been confirmed.
Who is said to be behind the reported influence campaign?
According to Loomer’s March 11, 2025 post on X, political operatives and consultants within conservative circles were being approached to press for a pardon. Loomer wrote that family members had engaged a firm to lobby the administration. There are no public filings, press releases, or official comments from the Trump campaign or Bankman‑Fried’s legal representatives corroborating these claims. Federal prosecutors previously documented that political donations associated with Bankman‑Fried involved misappropriated customer funds, as reflected in Department of Justice and court records from the 2024 trial.
Background: legal and political context
Sam Bankman‑Fried, founder of the collapsed FTX exchange, was convicted in 2024 on multiple counts of fraud and conspiracy. The federal sentencing imposed 25 years in prison, three years of supervised release, and a forfeiture order totaling approximately $11 billion, according to court judgments and Department of Justice statements. Prior to collapse, Bankman‑Fried was a major political donor, including significant contributions to Democratic campaigns ahead of the 2022 midterms. Federal filings and trial evidence established that at least some of those contributions were derived from misused customer funds.
How have commentators and political actors reacted?
Loomer’s posts prompted debate within conservative media circles. Some commentators echoed her warning that a pardon would conflict with populist anti‑corruption rhetoric, while others questioned the sourcing and motivation behind the allegation. Media accounts and social posts show a mix of amplification and skepticism; however, no independent verification of a centralized, funded pardon campaign is available in public records or official statements as of the March 2025 timeline.
Frequently Asked Questions
Can a president pardon Sam Bankman‑Fried?
Yes. Under the U.S. Constitution, the president has broad clemency powers for federal offenses. Any presidential pardon would be an executive action; historically, pardons are publicly recorded by the White House and reported in official administration statements and federal registers.
Is there evidence that a pardon campaign is already underway?
Current public records and official statements do not confirm a coordinated, verifiable pardon campaign. The allegation originates from social posts by Laura Loomer on X (March 11, 2025). Government sources, the Trump campaign, and Bankman‑Fried’s legal team have not issued corroborating statements.
Key Takeaways
- Allegation: Laura Loomer claims a “well‑funded” effort exists to lobby for an SBF pardon; this remains unverified.
- Legal record: Bankman‑Fried was convicted in 2024 and sentenced to 25 years with $11B forfeiture, per federal court documents and DOJ statements.
- Watch for official signals: Any legitimate clemency effort would likely produce public filings, official statements, or White House action — monitor government and court records for confirmation.
Conclusion
Allegations about a mobilized campaign to secure a presidential pardon for Sam Bankman‑Fried were raised publicly by Laura Loomer in March 2025 and have spurred discussion in political and crypto communities. While court records and Department of Justice materials establish Bankman‑Fried’s conviction, there is no publicly available evidence confirming an organized pardon campaign as described. COINOTAG reports these developments based on primary court documents, Department of Justice statements, and public social posts; readers should look to official White House releases and federal filings for authoritative confirmation.
Publication date: March 11, 2025. Last updated: March 11, 2025. Author: COINOTAG.
