Key facts
- Sam Bankman-Fried has formally requested a pardon from President Donald Trump.
- The Humanity Protocol suffered a $36 million exploit.
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has formally submitted a request for a presidential pardon to US President Donald Trump. The request comes amid Bankman-Fried's legal troubles following the collapse of FTX. In a separate incident, the Humanity Protocol, a blockchain-based project, has reportedly suffered an exploit resulting in a loss of $36 million.