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#SBFPresidentialPardon SBF Filed for a Presidential Pardon. The FTT Pump Is Telling You Something. SBF is now officially on the pardon list. Bloomberg confirmed he filed through the DOJ's Office of the Pardon Attorney this week, with his family lobbying the Trump administration for months and his legal team simultaneously pursuing a Second Circuit appeal. In a Fox News jailhouse interview, he said he "absolutely" wants a pardon, claimed FTX users received 170% of deposits back, and said his biggest regret is missing the AI wave. FTT spiked 77% to $0.335 on the news before pulling back sharply. Polymarket has actual pardon odds sitting around 7%. That gap between a 77% price pump and 7% probability is the whole story. Trump has already pardoned several high-profile crypto figures this term. The pro-crypto pardon wave is real. But SBF is a different case: he donated heavily to Democrats before the collapse, Trump explicitly ruled him out in a January NYT interview, and the alleged fraud scale ($8B+ in customer funds) puts this in a different category from the others. No clean political upside here. The market is pricing in narrative, not probability. Crypto loves a comeback story. Whether SBF actually gets one is another question entirely. Does a potential pardon here change how you're thinking about crypto's political moment, or is this just a narrative trade? $BTC $MU $SNDK