⚖️ Sam Bankman-Fried is seeking a presidential pardon
The FTX founder has officially petitioned President Trump for clemency more than two years after being convicted in one of crypto’s biggest fraud cases. In March 2024, SBF was sentenced to 25 years in prison for fraud and misappropriating customer funds.
Reports previously revealed a reputation-recovery strategy that included criticizing "woke" ideology and giving interviews to conservative media. Since early 2026, SBF has increasingly aligned himself with pro-Trump and right-wing political messaging on social media.
Despite the pardon request, Trump and White House officials have repeatedly stated they have no plans to grant clemency.
Meanwhile, the market reacted instantly: FTT, the token tied to the collapsed FTX exchange, surged 70% following the news.
June 9, 2026 24.9K 1
