Sam Bankman-Fried, the convicted co-founder of FTX who is currently serving a 25-year sentence for fraud, has formally applied for a presidential pardon from Donald Trump. Despite his ongoing legal battles and public scrutiny, Bankman-Fried insists on his innocence, claiming he deserves clemency. The request comes at a time when speculation surrounds his future, with various predictions about the likelihood of his release and the potential impact on cryptocurrency markets. As Bankman-Fried navigates the complexities of his situation, he remains hopeful for a favorable response to his pardon application.