Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
Sam Bankman-Fried, the convicted founder of FTX, has formally submitted a request for a presidential pardon to the Department of Justice. Despite this action, White House officials have indicated that the likelihood of him receiving clemency remains very low. Bankman-Fried's petition follows reports of his parents attempting to influence individuals within Donald Trump's circle, and comes after his conviction for fraud and sentencing to 25 years in prison for misappropriating customer funds. AI
