Jailed crypto founder Sam Bankman-Fried seeks Trump pardon
6 hours ago
- #legal-pardon
- #cryptocurrency
- #fraud-case
- Sam Bankman-Fried, jailed crypto founder, has applied for a pardon from President Donald Trump.
- He was sentenced to 25 years for fraud related to FTX and Alameda Research, and filed for a 'pardon after completion of sentence'.
- Bankman-Fried is appealing his sentence and maintains innocence; he has not requested a commutation.
- FTX collapsed in 2022 amid allegations of misuse of deposited funds for personal investments and debts.
- His pardon request is among over 20,000 applications to the Office of the Pardon Attorney.
- Trump, who has issued many pardons in his second term, previously indicated he would not pardon Bankman-Fried.