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SouthBayDem

(33,411 posts)
Mon Jun 8, 2026, 03:53 PM 14 hrs ago

Jailed crypto founder Sam Bankman-Fried seeks Trump pardon [View all]

Source: BBC

Sam Bankman-Fried, the one-time giant in cryptocurrencies currently in prison for fraud, has applied for a pardon from President Donald Trump.

Bankman-Fried was given a 25-year sentence after he was convicted of multiple federal charges related to FTX, the cryptocurrency exchange that he founded and led, and its related company Alameda Research.

Just two years into that sentence, the 34-year-old former billionaire has now filed an application for pardon after completion of sentence to the Department of Justice, according to online records.

Should Bankman-Fried ultimately receive a pardon, his crimes would essentially be forgiven under the law.

Read more: https://www.bbc.com/news/articles/cjwgd6jqd5do

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