Sam Bankman-Fried, former FTX CEO, has formally applied for a presidential pardon from Donald Trump after being sentenced to 25 years for fraud. - Bankman-Fried submitted a pardon application to the Justice Department's Pardon Attorney Office.
- He has been using social media and conservative media interviews to seek clemency. - Trump previously stated he had no plans to pardon Bankman-Fried.
- Martin Shkreli, the 'Pharma Bro,' has also filed a clemency request. The pardon request follows a broader trend of white-collar defendants seeking relief from Trump, who has granted numerous pardons in his second term.
Bankman-Fried is also awaiting a federal appeals court decision on his conviction.