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SouthBayDem

(33,411 posts) Mon Jun 8, 2026, 03:53 PM 4 hrs ago

Jailed crypto founder Sam Bankman-Fried seeks Trump pardon

Source: BBC

Sam Bankman-Fried, the one-time giant in cryptocurrencies currently in prison for fraud, has applied for a pardon from President Donald Trump.

Bankman-Fried was given a 25-year sentence after he was convicted of multiple federal charges related to FTX, the cryptocurrency exchange that he founded and led, and its related company Alameda Research.

Just two years into that sentence, the 34-year-old former billionaire has now filed an application for pardon after completion of sentence to the Department of Justice, according to online records.

Should Bankman-Fried ultimately receive a pardon, his crimes would essentially be forgiven under the law.

Read more: https://www.bbc.com/news/articles/cjwgd6jqd5do

7 replies

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Jailed crypto founder Sam Bankman-Fried seeks Trump pardon (Original Post) SouthBayDem 4 hrs ago OP

Were his crimes large enough for a pardon? Crypto fraud is so penny-ante bucolic_frolic 4 hrs ago #1

Nothing small about it. He ripped off people who just had deposits in FTX Bengus81 2 hrs ago #7

Does a pardon wipe out his obligation to pay damages? Walleye 4 hrs ago #2

And he will get it!! ALBliberal 4 hrs ago #3

I wonder how much he'll offer Trump for the pardon. cstanleytech 4 hrs ago #4

Surely he knows the game: bribes first then Trump will consider rurallib 4 hrs ago #5

Well Jared used to handle the under-the-table bribes, but he's busy with other stuff now FakeNoose 2 hrs ago #6

bucolic_frolic

(56,126 posts)

1. Were his crimes large enough for a pardon? Crypto fraud is so penny-ante

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 03:56 PM

4 hrs ago

Bengus81

(10,445 posts)

7. Nothing small about it. He ripped off people who just had deposits in FTX

Reply to bucolic_frolic (Reply #1)

Mon Jun 8, 2026, 06:23 PM

2 hrs ago

just setting there for $8 BILLION $$. He defrauded others and gave false info and screwed them out of another $3B. That POS should do his entire 25 years and shut up.