CZ draws a sharp line between his AML violation and SBF's billion-dollar fraud as Bankman-Fried's pardon application faces long odds from the White House.

SBF formally petitioned the Trump White House for a presidential pardon, attorney confirmed. FTT token surged 52%. DOJ pardon office filing details undisclosed.

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.