Sam Bankman-Fried was sentenced to 25 years in prison
SBF wants a pardon, too.
The second biggest Democrat donor (after George Soros) and disgraced FTX CEO Sam Bankman-Fried formally applied for a presidential pardon by Donald J. Trump.
This comes more than two years after his conviction for the multi-billion-dollar collapse of his once-thriving cryptocurrency empire, which prosecutors described as ‘one of the biggest financial frauds in American history’.
Sam Bankman-Fried seeks pardon from Trump after bankrolling Democrats and losing $10B fraud case https://t.co/ibxVUK1LCB pic.twitter.com/PPmgLKhbyn
— New York Post (@nypost) June 8, 2026
Bloomberg reported:
“The 34-year-old submitted an application to the Justice Department’s Pardon Attorney Office, according to the office’s website, requesting a “pardon after completion of sentence.”
Bankman-Fried has been using social media and interviews with conservative news outlets to angle for executive relief from President Donald Trump, whose embrace of the clemency power during his second term has benefitted dozens of white-collar defendants. Trump told the New York Times in January that he had no plans to pardon Bankman-Fried.”
Leaving aside the inevitable anti-Trump slant in the Bloomberg coverage, it does seem that the pardon of SBF is a long shot, even because he still is as connected to the ‘Dumocrats’ as ever.
Sam Altman tells Bernie Sanders he wants to advocate together on the public having equity in AI companies, per AP
— unusual_whales (@unusual_whales) June 6, 2026
“Bankman-Fried was sentenced to 25 years in prison in 2024 after he was convicted of orchestrating a fraud at FTX that cost lenders, customers and investors $10 billion.
A spokesperson for the White House declined to comment, but referred to Trump’s comments in the New York Times interview. A spokesperson for the Justice Department declined to comment. Representatives for Bankman-Fried didn’t immediately respond to requests for comment.”
“I didn’t steal user funds”
Convicted FTX founder Sam Bankman-Fried is maintaining he did nothing criminal in an exclusive prison interview with Fox Business, even as he serves a 25-year sentence tied to the collapse of the cryptocurrency exchange.
Bankman-Fried argues… pic.twitter.com/a4lLIPtJhh
— FOX Business (@FoxBusiness) June 8, 2026
FOX Business reported:
“From inside a federal prison cell, disgraced crypto mogul Sam Bankman-Fried is making a bid for a White House lifeline.
Speaking exclusively to FOX Business correspondent Susan Li, the convicted FTX founder said he ‘absolutely’ wants a presidential pardon, while declining to say whether his family is currently lobbying the administration on his behalf.
‘I assume that you would want a pardon from the White House?’ Li asked Bankman-Fried over the phone.
‘Absolutely’, he responded. ‘It would be obviously, you know, ultimately up to the president, not up to me’.”
Read more:
Experts Speculate on Possible Length of Prison Sentence for Convicted Crypto-Scammer Sam Bankman-Fried
The post Disgraced ‘Crypto Bro’ Sam Bankman-Fried Formally Asks for Trump Pardon, Two Years After Conviction for ‘Historical Financial Fraud’ appeared first on The Gateway Pundit.