FTX co-founder Sam Bankman-Fried has officially filed for a pardon from President Trump, according to the Justice Department’s Pardon Attorney Office website. Bankman-Fried is serving a 25-year prison sentence after being convicted on fraud and money laundering charges in 2024.

The pardon application was first reported by Bloomberg News. Trump has pardoned hundreds of people during his second term, with many recipients being those involved in the January 6 riot or financial fraud.

An NBC News analysis from January found that more than half of the individual pardons granted were to people who committed white-collar crimes like money laundering, bank fraud, and wire fraud. Interestingly, very few of those he has pardoned filed the official application with the Justice Department, according to Bloomberg.