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International Business Times

Business

Merin Rebecca Thomas

Sam Bankman-Fried Seeks Trump Pardon For 25-Year FTX Fraud Sentence

FTX Donald Trump Sam Bankman-Fried Justice Department Presidential Pardon

Sam Bankman-Fried's incarceration places him among several high-profile financial crime defendants seeking clemency during Trump's second term. (Credit: Getty Images)

FTX co-founder Sam Bankman-Fried has filed an official request for a presidential pardon from President Donald Trump, adding a new legal development to one of the most closely watched financial crime cases in recent U.S. history.

The filing appears on the Justice Department's Office of the Pardon Attorney website, according to reporting from TechCrunch. Bankman-Fried is currently serving a 25-year prison sentence after being convicted in 2024 on multiple counts, including fraud and money laundering tied to the collapse of cryptocurrency exchange FTX.

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