Disgraced cryptocurrency tycoon Sam Bankman-Fried has applied to expunge his ongoing prison sentence from his permanent record.
The request was made by Bankman-Fried to the Department of Justice Office of the Pardon Attorney, according to its database. The California native was sentenced to 25 years in federal prison in 2024 for defrauding investors of more than $1.7 billion during his leadership of the cryptocurrency exchange FTX and the trading firm Alameda Research, both of which he co-founded.
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