US senator John Kennedy was grilled prospective Securities and Exchange Commission (SEC) chairman Paul Atkins about a potential forgiveness for Sam “SBF” bankman-fried during the Senate banking committee’s hearing.
The Louisiana Republican taught a series of questions about FTX’s former CEO to Atkins and tried the SEC’s prospect chairman about the family of bankman-fried family donations made at Stanford University.
Senator John Kennedy Prospective Sec Chairman Paul Atkins asked. Source: Senate banking committee
Kennedy then encouraged the SEC to take action to prevent any potential forgiveness on behalf of the SBF. Kennedy added:
“There should be no two standards of law and penalties for people in America. And every time you go to this committee, I will go to you like a ninja to find out what the SEC has done because I don’t think the SEC has done a damn thing.”
“I read on the paper that Bankman-Frieds is trying to get a forgiveness. They are crooks, and I hope the SEC does something about it,” the senator continued.
Reports appeared in January that SBF parents, Joseph Bankman and Barbara Fried, were Looking for a forgiveness for their son From recently elected US president Donald Trump following his high-profile Pardon of Silk Road founder Ross Ulbricht.
Paul Atkins answers questions at his nomination hearing. Source: sEnate Banking Committee
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The presidential pardon “not likely” for SBF
SBF is Not likely to be able to secure a forgiveness For many reasons the case is different from the founder of Silk Road, White Collar Support Group Executive Director William Livolsi said.
In the case of Ulbricht, the charges do not have victims of crimes tied to the operation of a contraband market compared to the cause of billions -billions of investors.
Livolsi added that the sentence imposed on Ulbricht of two lifelong bars with the additional 40 years without the possibility of the parole and the promise of a public campaign made by then-candidate Trump to forgive Ulbricht that the situation is separate.
Tucker Carlson interviewed the SBF from prison. Source: Tucker Carlson
Despite this, the SBF has attempted to be convenient up to the Republicans In some interviews with independent media outlets, including a February interview with New York Sun and An interview Tucker Carlson was with March 2025.
CARLSON interview was not punished by prison authorities, leading to SBF being discarded in unifying Following the interview and moving from a prison facility located in New York to Oklahoma.
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