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Sam Bankman-Fried Seeks Trump Pardon, Faces Long Odds

Published by
Nidhi Kolhapur

FTX founder Sam Bankman-Fried has formally applied for a presidential pardon, with his petition now listed as pending on the U.S. Department of Justice’s Office of the Pardon Attorney website. Bankman-Fried is serving a 25-year prison sentence for fraud-related convictions tied to the collapse of FTX. However, President Donald Trump previously said in January that he would not pardon him, a position the White House reiterated on Monday. While Trump has granted clemency to some crypto industry figures, Bankman-Fried’s request currently appears unlikely to succeed.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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