Sam Bankman-Fried Files Formal Pardon Application as FTT Spikes and African Creditors Remain Frozen Out
Sam Bankman-Fried, the convicted founder of collapsed crypto exchange FTX, has filed a formal clemency petition with the U.S. Department of Justice, asking President Donald Trump to pardon him while he serves a 25-year federal prison sentence. The application, listed publicly under DOJ clemency case number P338490, was confirmed on June 8, 2026. Trump has previously stated that Bankman-Fried should not expect a pardon.
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