Sam Bankman-Fried files White House clemency bid as Trump reiterates no pardon plan
Sam Bankman-Fried has submitted a formal clemency application to the White House through the Justice Department's Office of the Pardon Attorney, after months of public outreach from prison. Trump said in January 2026 he would not pardon the former FTX CEO, and the White House reiterated on June 8, 2026 that it has no plans to grant clemency. Separately, his conviction appeal remains pending, while Polymarket markets put his chance of leaving custody by end-2026 at 6% on about $383,000 in volume.