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Sam Bankman-Fried, the co-founder of FTX, has filed a presidential pardon request after being convicted more than two years ago for the collapse of his cryptocurrency empire, which was worth billions of dollars. He resigned from his position following the FTX crisis at the end of 2022, which led to its bankruptcy. The FTT token surged by more than 50% immediately after the announcement of the pardon request, although success is not guaranteed.
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