Bankman-Fried seeks Trump pardon after conviction

Former FTX CEO Sam Bankman-Fried has officially filed for a presidential pardon, despite previous statements from Donald Trump indicating no plans for clemency. Bankman-Fried, convicted in 2023 for fraud and conspiracy related to the collapse of FTX and the misappropriation of billions in customer funds, is currently serving a 25-year prison sentence. He is also pursuing an appeal of his conviction. This renewed effort for a pardon comes as the crypto industry continues to navigate regulatory scrutiny and market volatility.