Drudge Retort: The Other Side of the News
Monday, June 08, 2026

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.

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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.

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