Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has officially submitted a request for a presidential pardon from Donald Trump while serving a 25-year prison sentence for fraud and conspiracy. His clemency petition is currently pending with the U.S. Department of Justice's Office of the Pardon Attorney. Bankman-Fried, often referred to as SBF, was convicted in 2023 following the collapse of FTX in November 2022, which revealed an $8 billion deficit in the company's accounts. In a recent interview, he confirmed his desire for clemency, stating, 'Absolutely,' when asked if he wanted a pardon. His parents, both Stanford Law School professors, have been proactive in seeking support for their son's pardon from individuals connected to Trump. Despite Bankman-Fried's attempts to align himself with Trump's political stances, including praising the former president's actions, Trump has previously suggested that Bankman-Fried should not rely on receiving clemency. As he navigates his appeal and pardon request, Bankman-Fried remains incarcerated.