According to ME News, on June 8 (UTC+8), Sam Bankman-Fried, founder of FTX, has officially submitted an application for a presidential pardon through formal procedures. SBF is currently serving a 25-year sentence; his family has been lobbying the Trump administration for months. In January this year, Trump explicitly stated he had no intention of pardoning SBF, and several pro-crypto Republican lawmakers have also strongly opposed the move, citing its extreme political sensitivity. Previously, Foresight News reported that SBF, in an interview from prison, said he “absolutely” hopes to receive a presidential pardon but declined to disclose whether his family is lobbying the Trump administration. (Source: Foresight News)
SBF Submits Request for Presidential Pardon to Trump
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Summary
According to MetaEra, FTX founder Sam Bankman-Fried applied for a presidential pardon on June 8 under official procedures. SBF is currently serving a 25-year sentence. His family has been lobbying the Trump administration for months, despite Trump’s January statement rejecting the idea. Crypto-friendly Republicans have opposed the move, citing political risks. SBF has shown clear interest in a pardon, though he has not confirmed his family’s efforts related to the CFTC. The case has raised new concerns about liquidity and crypto markets.
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