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 🚨. Musk alleges that the Biden administration is "selling pardons" and suggests that SBF's pardon "will fetch a high price" 💸 .
Musk's comments come amid speculation that SBF may receive a pardon due to his significant donations to the Democratic Party 🤝. SBF was convicted of perpetrating one of the biggest frauds in the United States, misappropriating billions of dollars worth of FTX customers' funds 📉.
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 🚫. Others believe that a pardon could be seen as a way for the Biden administration to reward SBF's political donations 🤔.
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 📜. However, whether he will grant a pardon to SBF remains unclear 🔮.