Sam Bankman-Fried officially asks Trump for a presidential pardon
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Sam Bankman-Fried, serving a 25-year sentence, has officially asked Donald Trump for a presidential pardon, despite the president's warning not to count on it. This move comes as a long shot, given Trump's history of crypto-related pardons, including a 2023 pardon for a crypto executive. Market sentiment remains cautious, with investors closely monitoring potential developments.
The fallen crypto mogul serving a 25-year sentence filed a clemency petition, betting on Donald Trump's history of crypto pardons even though the president had told him not to count on one.