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Sam Bankman‑Fried applies for a presidential pardon from Trump

financeJun 8, 202646196

Sam Bankman-Fried, the former FTX chief convicted of misappropriating roughly $10 billion from customers, formally filed a petition for a presidential pardon with the U.S. Department of Justice. He is serving a 25-year federal prison sentence after convictions on fraud and related charges tied to FTX’s collapse. President Donald Trump has previously said he would not grant Bankman-Fried clemency, but the formal pardon request now places that decision with the White House. A pardon would immediately end Bankman-Fried’s sentence and set a high-profile precedent for clemency in major white-collar fraud cases.

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