Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon

Sam Bankman-Fried has formally submitted a request for a presidential pardon, in accordance with data listed on the U.S. Division of Justice Workplace of the Pardon Legal professional web site.

The cofounder of the now defunct FTX crypto trade is at present serving a 25-year federal jail sentence after he was discovered responsible of orchestrating an enormous fraud scheme that misused billions of {dollars} in buyer funds at FTX and its affiliated buying and selling agency, Alameda Analysis.

The precise date of the submitting is not clear however DOJ information point out the request for “pardon after completion of sentence” was submitted in 2026 and is pending.

President Trump mentioned in a January interview with the New York Occasions that he has “no intention of pardoning” a number of high-profile folks together with Bankman-Fried.

Trump has issued 147 pardons and commutations to date in his second time period, in accordance with the Division of Justice, together with all the Jan. 6-related instances. Throughout his first time period, he granted 238 pardons and commutations in complete.

Neither the White Home nor the Justice Division responded to a request for remark.