Bankman-Fried’s clemency case is now pending with DOJ’s Office of the Pardon Attorney while he separately appeals the 2023 fraud and conspiracy conviction that led to a 25-year sentence. The bid lands after months of pro-Trump signaling from SBF and outreach by his parents, but it is still a long shot: Trump previously said he should not count on clemency even after pardoning Ross Ulbricht, CZ and BitMEX’s co-founders. The FTX collapse exposed an $8B hole after CoinDesk’s Alameda balance-sheet report, which is why this pardon push will hit very differently from the crypto clemencies Trump has already granted.

TLDR by @Benthic

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