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Sam Bankman-Fried files pardon request with Justice Department while serving FTX fraud sentence

Monday, June 8, 2026U.S. PoliticsWell-covered3 frames

The Facts

  • Sam Bankman-Fried has formally applied for a presidential pardon through the Justice Department’s Office of the Pardon Attorney.
  • The application is listed as a request for a “pardon after completion of sentence,” and the case is shown as pending in Justice Department records.
  • Bankman-Fried is serving a 25-year federal prison sentence tied to his conviction in the FTX case.
  • He was convicted on fraud-related charges connected to the collapse of FTX and its affiliated trading firm Alameda Research.
  • The case involved allegations that billions of dollars in customer funds were misused, making the pardon request relevant to FTX customers and others affected by the exchange’s collapse.
  • Bankman-Fried has publicly said he wants a pardon, telling Fox Business he would “absolutely” want one.
  • The clemency request does not seek a commutation of his current prison term; BBC reported that he has not asked for a shortening of his sentence and is continuing to appeal.
  • Whether Bankman-Fried will receive clemency is unresolved, and Trump previously said he had no intention of pardoning him.

How left and right are reading this

Both agree
A formal pardon request is now pending for a defendant serving 25 years in the FTX fraud case, putting presidential clemency in direct tension with accountability to customers and others harmed by the alleged misuse of billions in funds.
They split on
Less a disagreement than a question of emphasis: the power imbalance of a convicted fraud defendant gaining access to clemency, versus the institutional duty to use the pardon power sparingly while appeals and punishment continue.
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Context

What does “pardon after completion of sentence” mean here?

It means the request is for legal forgiveness after Bankman-Fried finishes serving his sentence, rather than for an immediate reduction in prison time. BBC reported that he has not asked for a commutation, which would shorten the sentence he is currently serving BBC,BBC.

What was Bankman-Fried convicted over?

Multiple outlets report that he was convicted on fraud-related charges tied to the collapse of FTX and Alameda Research, after prosecutors said customer funds were diverted or misused NYT,Financial Express,CNN International.

Is a pardon likely?

That is unclear. The application is pending in Justice Department records, but Trump said earlier this year that he did not plan to pardon Bankman-Fried CNBC,CoinDesk,CNN International.

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Wire services (8)

ReutersEntorno InteligenteSam Bankman-Fried, el rey de las criptomonedas condenado a 2...
APInternational Business Times, Singapore EditionMeet Sam Bankman-Fried: Fallen Crypto Billionaire Seeks Trum...
APCapital FM KenyaJailed crypto founder Sam Bankman-Fried seeks Trump pardon
APThe TelegraphCrypto fraudster Sam Bankman-Fried asks Donald Trump for a p...
AFPJamaica ObserverConvicted FTX founder Sam Bankman-Fried seeking Trump pardon
APCryptoCrunchAppSam Bankman-Fried Formally Files For Pardon From Trump
APCointelegraphSBF Seeks Clemency as Appeals of FTX Fraud Conviction Contin...
APCoingapeFTX Founder SBF Eyes Presidential Pardon From Trump Over 202...

Independent coverage (50)

LeadershipJailed Crypto Founder Sam Bankman-Fried Seeks U.S Presidenti...
NewsBytesJailed crypto mogul Sam Bankman-Fried turns to Trump for par...
coininsider.comSBF Files Formal Trump Pardon Request
NDTV Gadgets 360Sam Bankman-Fried Seeks Pardon From US President Donald Trum...
Milenio.comBankman-Fried, fundador de FTX, solicita indulto de Trump
Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideSam Bankman-Fried SBF Cellmate Reveals Why His Pardon Reques...
Crypto News AustraliaSam Bankman-Fried Seeks Trump Pardon as Fight to Overturn FT...
HedgeweekSam Bankman-Fried seeks Presidential pardon
BlockonomiFTX Founder Sam Bankman-Fried Seeks Presidential Pardon From...
The Daily HodlImprisoned FTX Mastermind Sam Bankman-Fried Officially Files...
FinanceFeedsBankman-Fried Mounts Long-Shot Legal Offensive via Official ...
NewserSam Bankman-Fried Has Been Praising Trump. Now, a Big Ask
MoneywebFTX co-founder Sam Bankman-Fried applies for Trump pardon
Qazinform.comCrypto billionaire Bankman-Fried seeks Trump pardon
Irish IndependentCrypto kingpin Sam Bankman-Fried applies for Trump pardon
India TodayFTX co-founder Sam Bankman-Fried applies for pardon from US ...
thesun.mySam Bankman-Fried seeks Trump pardon from prison
NDTV ProfitFTX Co-Founder Sam Bankman-Fried Applies For Trump Pardon
El FinancieroSam Bankman-Fried, sentenciado por fraude de criptomonedas, ...
Money Talks NewsCrypto Fraudster Sam Bankman-Fried Asks for Pardon From Trum...
News18Who Is Sam Bankman-Fried? Jailed FTX Founder Seeks Trump Par...
engadgetSam Bankman-Fried formally applies for a pardon - Engadget
Diario La RepúblicaSam Bankman-Fried, cofundador de FTX, solicitó el indulto de...
The Daily CallerDisgraced Cryto Founder Begs Trump For Pardon
MirrorJailed crypto king begs Trump for presidential pardon from b...
San Francisco ExaminerSam Bankman-Fried has applied for a pardon from Trump
GizmodoConvicted Crypto Fraudster Sam Bankman-Fried Officially File...
UPIJailed crypto tycoon Sam Bankman-Fried applies for pardon
YahooJailed crypto tycoon Sam Bankman-Fried applies for pardon
YahooCrypto fraudster Sam Bankman-Fried asks for pardon from Trum...
Zero HedgeSam Bankman-Fried 'Absolutely' Wants A Presidential Pardon
The New York TimesSam Bankman-Fried Has Applied for a Pardon From Trump
Yahoo News UKDisgraced crypto king Samuel Bankman-Fried officially asks T...
The Next WebSam Bankman-Fried files for Trump pardon from prison
CryptoSlateFTX token (FTT) spikes 50% as Sam Bankman-Fried seeks Donald...
San Bernardino SunProspects for job seekers seen worsening, Fed survey says
WebProNewsSam Bankman-Fried Files Formal Pardon Bid With Trump After M...
CNN InternationalSam Bankman-Fried asks Trump for a pardon
YahooSam Bankman-Fried asks Trump for a pardon
Channel 3000Sam Bankman-Fried asks Trump for a pardon
Crypto EconomySam Bankman‑Fried Formally Seeks Trump Pardon In New Clemenc...
Crypto EconomySam Bankman-Fried busca formalmente el indulto de Trump en u...
MediaiteMichael Avenatti Scolds Sam Bankman-Fried for His 'Refusal t...
One America News NetworkBankman-Fried files petition seeking presidential pardon fro...
DecryptFTX Founder Sam Bankman-Fried Has Formally Filed for a Pardo...
Business StandardFTX founder Sam Bankman-Fried seeks presidential pardon from...
Tech News | Startups NewsSam Bankman-Fried seeks presidential pardon from Trump as co...
International Business Times UKWho Is Sam Bankman-Fried? Trump Targeted by Jailed FTX Found...
International Business TimesSam Bankman-Fried Seeks Trump Pardon For 25-Year FTX Fraud S...
EL PAÍSSam Bankman-Fried, protagonista de uno de los mayores fraude...
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