FTX founder Sam Bankman-Fried formally applied for a presidential pardon via the DOJ website, escalating his long-shot bid for freedom despite President Trump's repeated rejections. The convicted crypto executive, serving a 25-year federal sentence handed down on March 28, 2024, for orchestrating fraud that prosecutors said stole over $8 billion in customer funds, took the official step on the Office of the Pardon Attorney portal. A jury convicted Bankman-Fried in November 2023 on seven counts of fraud, conspiracy, and money laundering tied to the November 2022 collapse of FTX and Alameda Research. U.S. District ... (full story)