politics
Sam Bankman-Fried applies for a pardon from Trump
The FTX co-founder is serving a 25-year sentence, doled out in 2024.
TL;DR
- Sam Bankman-Fried, co-founder of FTX, has officially applied for a presidential pardon.
- He is currently serving a 25-year sentence for fraud and money laundering convictions from 2024.
- President Trump has previously pardoned many individuals, including those convicted of financial fraud and white-collar crimes.
- Some of Trump's pardoned individuals were also significant donors to his political campaigns.
- Unlike many others, Bankman-Fried filed the official application through the Justice Department's Pardon Attorney Office.