Sam Bankman-Fried seeks presidential pardon from Trump

Former FTX CEO Sam Bankman-Fried has officially submitted a petition for a presidential pardon to Donald Trump. Bankman-Fried is currently serving a 25-year sentence and is reportedly banking on Trump's past actions regarding crypto-related pardons. Despite this, Trump had previously advised Bankman-Fried not to expect clemency. This move comes as Bankman-Fried navigates his legal situation following the collapse of the FTX cryptocurrency exchange.