Sam Bankman-Fried, the jailed co-founder of collapsed cryptocurrency exchange FTX, has formally applied for a presidential pardon from US President Donald Trump, according to a report by Bloomberg published by Crain’s Chicago Business.
The move marks Bankman-Fried’s latest attempt to overturn or reduce the consequences of his criminal conviction linked to the dramatic downfall of FTX, one of the biggest financial scandals in crypto history.
Details of the pardon application were not immediately disclosed, but the request places the former billionaire among a growing list of high-profile figures seeking clemency from the White House.
Bankman-Fried was once celebrated as a crypto wunderkind before FTX imploded, triggering billions of dollars in losses and leading to fraud-related convictions.
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