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    Home»Markets»Imprisoned FTX Mastermind Sam Bankman-Fried Formally Information for Presidential Pardon – The Each day Hodl
    Imprisoned FTX Mastermind Sam Bankman-Fried Formally Information for Presidential Pardon – The Each day Hodl
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    Imprisoned FTX Mastermind Sam Bankman-Fried Formally Information for Presidential Pardon – The Each day Hodl

    By Crypto EditorJune 9, 2026No Comments2 Mins Read
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    Convicted FTX founder Sam Bankman-Fried has formally submitted a proper request for a presidential pardon from President Donald Trump, based on data listed on the U.S. Division of Justice Workplace of the Pardon Legal professional web site.

    DOJ data point out the request for “pardon after completion of sentence” was submitted in 2026 and is presently pending.

    The White Home declined to remark.

    Bankman-Fried is presently serving a 25-year federal jail sentence after he was convicted of fraud costs in 2023 for orchestrating a scheme that misused billions of {dollars} in buyer funds at FTX and its affiliated buying and selling agency, Alameda Analysis. FTX filed for chapter in November 2022.

    Trump stated in a January interview with The New York Occasions that he has “no intention of pardoning” high-profile figures together with Bankman-Fried. Trump has issued greater than 1,400 pardons and commutations throughout his second time period, together with greater than 1,200 Jan. 6-related circumstances.

    The formal software follows months of behind-the-scenes efforts. The New York Occasions reported in March 2025, citing six folks with information of the matter, that Bankman-Fried had spoken with a lawyer affiliated with Trump, reached out to Washington lobbyists, and sat for an interview with Tucker Carlson in an effort to attraction to the president. Crypto lobbyists on the time gave him a “close to zero” probability of success.

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