Well, folks, gather ’round! It seems that a growing number of white-collar convicts, including our buddy Sam “SBF” Bankman-Fried, are on a quest for clemency like it’s the last slice of pizza at a party! 🍕 But hold your horses! According to William Livolsi, the executive director of the White Collar Support Group (which sounds like a support group for people who can’t stop wearing white-collar shirts), the chances of getting that sweet, sweet conviction relief are as slim as a politician’s promise! 😜
Clemency requests on the rise following Ross Ulbricht pardon
On January 22, President Trump decided to play Santa Claus and pardoned Ross Ulbricht, who was sentenced to 40 years plus two life sentences for creating the Silk Road. I mean, come on! That’s like getting a life sentence for selling lemonade! 🍋 For Bitcoiners and Libertarians, Ulbricht’s conviction was like a bad haircut—overly harsh and emblematic of extreme government overreach.
Right after Ulbricht got his golden ticket, reports started flying that Sam Bankman-Fried’s parents were exploring the possibility of a presidential pardon for their son, who was sentenced to 25 years in prison after his crypto empire went belly up. Talk about a family reunion! 🎉
But wait! Livolsi says, “The comparison between Ulbricht and SBF isn’t entirely straightforward.” Well, duh! One’s a crypto king, and the other’s a guy who thought he could run a digital marketplace without a license! 😅 Plus, Ulbricht’s pardon was tied to Trump’s campaign promise like a dog to a fire hydrant!
“At the end of the day, no one really knows all the factors that might influence [a clemency] decision,” he said. Sounds like a game of poker where everyone’s bluffing! 🎲
No clear process
Now, let’s talk about the Office of the Pardon Attorney. They’ve got a formal application process for clemency requests that starts with a petition and ends with a recommendation. Sounds simple, right? Well, it’s about as clear as mud! 🥴 Livolsi says there’s a backlog of about 10,000 petitions. That’s like waiting in line for a roller coaster that’s broken down!
For ages, the Office of the Pardon Attorney has been ignored like a bad joke at a comedy club. Instead, presidents have been handing out pardons like candy at Halloween—based on political connections, media pressure, or personal interest. 🎃
This lack of clarity is driving the White Collar Support Group’s 1,100 members bonkers! Their frustration spans across presidential administrations like a bad sitcom that just won’t end. 📺
“Whether it was President Trump or former President Biden, the clemency process hasn’t felt like it follows a clear, merit-based system for some time. It’s become more about who you know rather than about a fair, structured process.”
So, while white-collar convicts may be hopeful under President Trump, it’s like hoping for rain in the desert—very little chance unless there’s a political motive behind it! 🌵
“For people without political connections or media attention, it feels like their chances are slim,” said Livolsi. “Some still hold out hope that President Trump might grant clemency to more white-collar individuals, but the unpredictability of the system makes it tough to have confidence in the process or the outcome.”
Prison often leads to debanking
When Ulbricht finally got out of prison, the Free Ross campaign had raised over $270,000 in Bitcoin donations to help him get back on his feet. That’s more than I’ve got
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2025-02-17 21:00