SBF Submits Presidential Pardon Request on U.S. Independence 250th Anniversary Clemency Plan, July 2

According to BlockBeats, on July 2, FTX founder Sam Bankman-Fried (SBF) formally submitted a presidential pardon request through the U.S. Department of Justice. This follows the White House's discussion of a proposal to grant pardons to 250 individuals in celebration of America's 250th independence anniversary, with the final decision pending approval from President Trump.

Prediction market data shows SBF faces competitive odds; the probability of receiving a pardon by July 31, 2027, stands at only 1%, while FTX former executive Ryan Salame leads at 54%. Trump previously stated in early 2026 that he had no plans to pardon SBF, but the former crypto executive's team continues lobbying efforts, including a 2025 interview with conservative media figure Tucker Carlson.