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SouthBayDem

(33,411 posts) Mon Jun 8, 2026, 03:53 PM 11 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

8 replies

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Jailed crypto founder Sam Bankman-Fried seeks Trump pardon (Original Post) SouthBayDem 11 hrs ago OP

Were his crimes large enough for a pardon? Crypto fraud is so penny-ante bucolic_frolic 11 hrs ago #1

Nothing small about it. He ripped off people who just had deposits in FTX Bengus81 8 hrs ago #7

Does a pardon wipe out his obligation to pay damages? Walleye 11 hrs ago #2

And he will get it!! ALBliberal 10 hrs ago #3

I wonder how much he'll offer Trump for the pardon. cstanleytech 10 hrs ago #4

Surely he knows the game: bribes first then Trump will consider rurallib 10 hrs ago #5

Well Jared used to handle the under-the-table bribes, but he's busy with other stuff now FakeNoose 8 hrs ago #6

Sam Bankman-Fried? Aussie105 4 hrs ago #8

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

11 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

8 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.

Walleye

(45,680 posts)

2. Does a pardon wipe out his obligation to pay damages?

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 03:56 PM

11 hrs ago

Well, this administration, you know what they say never steal anything…
Small

ALBliberal

(3,407 posts)

3. And he will get it!!

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 04:03 PM

10 hrs ago

cstanleytech

(28,648 posts)

4. I wonder how much he'll offer Trump for the pardon.

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 04:06 PM

10 hrs ago

rurallib

(64,886 posts)

5. Surely he knows the game: bribes first then Trump will consider

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 04:32 PM

10 hrs ago

Must be a substantial bribe

On edit: I wonder if Trumpco has a price list?

FakeNoose

(42,740 posts)

6. Well Jared used to handle the under-the-table bribes, but he's busy with other stuff now

Reply to rurallib (Reply #5)

Mon Jun 8, 2026, 06:13 PM

8 hrs ago

Aussie105

(8,265 posts)

8. Sam Bankman-Fried?

Reply to SouthBayDem (Original post)

Mon Jun 8, 2026, 10:13 PM

4 hrs ago

He didn't mean it, someone else made him do it, and anyway, gullible mugs are meant to be fleeced.

Trump will sympathise and pardon him, guaranteed!

Sam of course will become a devotee, and Trump needs those.

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