June 8, 2026

Sam Bankman-Fried Requests Pardon from Trump Administration After 25-Year Sentence

Sam Bankman-Fried has formally requested a pardon from the Trump administration after serving part of his 25-year sentence for fraud related to FTX.
His conviction involved misappropriating billions in customer funds, leading to the collapse of his cryptocurrency exchange in 2022.
Bankman-Fried maintains his innocence, claiming customers have been compensated more than their deposits, and is appealing his sentence.