SBF formally requests pardon from President Trump

FTX founder Sam Bankman-Fried (SBF), who is serving a prison sentence for fraud and other charges, has formally requested a pardon from U.S. President Donald Trump, Bloomberg reported. The Wall Street Journal previously noted that Trump is considering pardoning up to 250 individuals to commemorate the 250th anniversary of U.S. independence, with an announcement likely at an event on either June 14 or July 4.