Elon Musk is speaking out again about the possibility of Sam Bankman-Fried (SBF), the convicted founder of FTX, receiving a presidential pardon from the Joe Biden administration ๐จ. Musk alleges that the Biden administration is "selling pardons" and suggests that SBF's pardon "will fetch a high price" ๐ธ .
Musk's comments come amid speculation that SBF may receive a pardon due to his significant donations to the Democratic Party ๐ค. SBF was convicted of perpetrating one of the biggest frauds in the United States, misappropriating billions of dollars worth of FTX customers' funds ๐.
The possibility of a pardon has sparked debate within the crypto community, with some arguing that SBF's crimes were too severe to warrant a pardon ๐ซ. Others believe that a pardon could be seen as a way for the Biden administration to reward SBF's political donations ๐ค.
It's worth noting that U.S. Presidents have the constitutional power to grant pardons for federal offenses, and Biden has already exercised this power in the past ๐. However, whether he will grant a pardon to SBF remains unclear ๐ฎ.