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Current Status of the Pardon Request

Published 6/9/2026, 12:09:05 AM

As of June 9, 2026, Sam Bankman-Fried’s (SBF) pardon request is widely considered a "long shot" with a very low probability of success. While SBF formally submitted a clemency petition to President Donald Trump on June 8, 2026, the President has explicitly and repeatedly ruled out granting it in public statements [Source: https://www.nytimes.com/2026/06/08/technology/sam-bankman-fried-pardon-trump.html, https://www.coindesk.com/policy/2026/06/08/sam-bankman-fried-officially-asks-donald-trump-for-a-presidential-pardon].

Current Status of the Pardon Request

SBF’s application is currently listed as "pending" with the U.S. Department of Justice’s Office of the Pardon Attorney [Source: https://www.justice.gov/pardon/search-clemency-case-status]. Despite SBF's attempts to align himself with the Trump administration by praising its policies on Iran and the SEC from prison, political and industry sentiment remains overwhelmingly hostile [Source: https://fortune.com/2026/02/24/sam-bankman-fried-ftx-trump-pardon-binance-cz-crypto-tucker-carlson/].

Comparison of Crypto-Related Clemency (Trump Administration)

While Trump has been active in pardoning figures within the digital asset space, he has drawn a sharp distinction between SBF and others.

IndividualRoleStatusDate
Ross UlbrichtSilk Road FounderPardonedJanuary 2025
Changpeng "CZ" ZhaoFormer Binance CEOPardonedOctober 2025
BitMEX Co-foundersBitMEX ExecutivesPardoned2025/2026
Sam Bankman-FriedFormer FTX CEORejected/PendingJune 2026 (Filed)

[Source: https://www.binance.com/en/square/post/34859622289802, https://fortune.com/2026/02/24/sam-bankman-fried-ftx-trump-pardon-binance-cz-crypto-tucker-carlson/]

Market and Political Indicators

  • Prediction Markets: There is currently no active, high-liquidity market on Polymarket specifically for an SBF pardon. This lack of a market often indicates a probability so low (near 0%) that it fails to attract liquidity providers.
  • Official Rejections: In a January 2026 interview with The New York Times, Trump explicitly stated he would not pardon Bankman-Fried, grouping him with other high-profile defendants like Sean Combs [Source: https://www.binance.com/en/square/post/34859622289802].
  • Political Risk: Analysts note that SBF’s past as a major Democratic donor and the scale of retail investor losses in the FTX collapse make a pardon a significant political liability for the current administration [Source: https://fortune.com/2026/02/24/sam-bankman-fried-ftx-trump-pardon-binance-cz-crypto-tucker-carlson/].

Conclusion

The request is unlikely to succeed. Although the petition is formally filed, the President's public stance and the bipartisan disapproval of SBF's actions suggest the "pending" status is unlikely to transition to a grant of clemency.

Research Note on Claims:

  • c1 & c2: Evidence indicates there are currently no active Polymarket contracts for this specific event, meaning market odds cannot be used to reflect consensus at this time.