Jailed Crypto Founder Sam Bankman-Fried Seeks Trump Pardon

UNITED STATES – Sam Bankman-Fried, the one-time giant in cryptocurrencies currently in prison for fraud, has applied for a pardon from U.S. 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, along with 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.