Sam Bankman-Fried Seeks Trump Pardon
Sam Bankman-Fried, the jailed former FTX CEO, has sought a pardon from Trump, but Trump has publicly stated he will not grant it. Bankman-Fried is currently serving a 25-year prison sentence for fraud.
- Sam Bankman-Fried sentenced to 25 years for fraud
- Trump pardoned ex-Honduran president Juan Orlando
- Bankman-Fried praises Trump's pardon on social media
- Trump refuses to grant Bankman-Fried pardon
- Bankman-Fried donated $5.2 million to Biden campaign
Sam Bankman-Fried, the jailed former FTX CEO, has sought a pardon from Trump, but Trump has publicly stated he will not grant it. Bankman-Fried is currently serving a 25-year prison sentence for fraud.
Officials said the pardon request is part of a larger campaign by Bankman-Fried to persuade Trump to spring him from prison.
Meanwhile, sources confirmed that Bankman-Fried's social media posts are being shared by a friend, with the goal of persuading Trump to grant a pardon.
Trump's Pardon History
Trump has been dispensing pardons to several high-profile figures convicted of financial crimes, including Binance founder Changpeng Zhao.
'I'm so glad Juan Orlando is free—few are more deserving than him,' Bankman-Fried said on social media, referring to Trump's pardon of ex-Honduran president Juan Orlando.
Experts said Trump's pardon of Zhao and other crypto figures has created expectations among those convicted of similar crimes, including Bankman-Fried.
Pardon Refusal
Despite Bankman-Fried's efforts, Trump has refused to grant him a pardon.
'I have no intention of pardoning Sam Bankman-Fried,' Trump told The New York Times in January 2026.
Government sources said the decision is final, and Bankman-Fried's appeals will not change Trump's mind.
Witnesses said Bankman-Fried's unauthorized jailhouse interview with Tucker Carlson last year was an attempt to argue for a pardon, but it landed him in solitary confinement.
Crypto Industry Impact
Trump's refusal to pardon Bankman-Fried stands in sharp contrast to his clemency for other crypto industry figures, including Ross Ulbricht, the founder of Silk Road.
In January 2025, Trump freed Ulbricht, who served a life sentence for creating the narco-trafficking website.
Meanwhile, Bankman-Fried's parents, ex-Stanford professors Joseph Bankman and Barbara Fried, have consulted with Kory Langhofer, a lawyer who worked on Trump's 2016 and 2020 campaigns.
Human Cost
Bankman-Fried's conviction and prison sentence have had a significant impact on his life and the lives of those around him.
He is currently housed at Metropolitan Detention Center in Brooklyn, reportedly in the same dormitory as rapper Sean 'Diddy' Combs, who also will not receive clemency from Trump.
Despite the challenges, Bankman-Fried remains determined to appeal his conviction and clear his name.
However, the road ahead will be long and difficult, with no guarantee of success.
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