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Sam Bankman-Fried formally applied for a presidential pardon from Trump on June 8, 2026, via the US Office of the Pardon Attorney. The White House rejected it swiftly and publicly — grouping SBF with Maduro and Menendez to signal the rejection's permanence. SBF has maintained FTX was solvent and has been running a media lobbying campaign since at least February 2026, but no clemency pathway appears open. BTC at $62.9K. The swift public rejection tells you something about how the Trump White House wants to brand its crypto stance: pro-industry (CLARITY Act, strategic Bitcoin reserves) but explicitly not pro-crime. A pardon would have been politically radioactive. The more interesting subplot: FTX creditors are getting repaid above-dollar from the estate — if victims are made whole, does the moral case for keeping SBF in prison change over the next few years? Should FTX creditors being repaid at 100%+ affect how you think about SBF's sentence? Just sharing my thoughts. Not financial advice. DYOR.#AISuperIPOSeason #ChipRallyOnCeasefire #ClarityActFinalStretch