Sam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his application to the Justice Department seeking relief after his prison sentence. Bankman-Fried has been using social media and interviews to seek executive clemency from President Donald Trump. Trump previously stated he had no plans to pardon Bankman-Fried.

The FTX founder is betting on a Trump clemency spree that's already freed crypto's biggest names.

And he might just get one, even after running a multi-billion dollar fraud scheme.

The FTX co-founder is serving a 25-year sentence, doled out in 2024.

Sam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his application to the Justice Department…