FTX Token (FTT)

FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks Donald Trump’s pardon

via @hardeyjumoh

https://t.co/OHfM5oTdoy

Sam Bankman-Fried is making it official.

The FTX founder has filed for a Trump pardon while serving a 25-year prison sentence over the exchange’s collapse.

But the market is not exactly convinced:

- Polymarket odds sit near 8%
- Trump has already pushed back on the idea
- $FTT still jumped on the headline

A long-shot bid for freedom.

But enough to put FTX back in the conversation.

> $FTT pumped 62% today.
> The exchange doesn't exist.
> The pardon isn't happening.

So who's buying?

July 2025: fake pardon rumor → $FTT +43%.
June 2026: real DOJ filing → $FTT +62%

Someone is getting very good at this trade.

Save yourself before you lose money on this DEAD COIN again.

FTX founder Sam Bankman-Fried formally filed a presidential pardon application with the DOJ this morning.

Case number P33840.
Status: pending.

Here's what that filing didn't change:

FTX is still bankrupt.
The exchange is gone.

Trump said no in January.

The White House confirmed it again in February.

Prediction markets still have SBF at single-digit pardon odds.
$FTT has zero utility. There is nothing to unlock.

And yet, 62% in hours.

This isn't the first time.

July 2025, a false pardon rumor sent $FTT up 43%.

Today, an actual filing that changes nothing on the pardon front sent it up 62%.

The pattern is now documented.

A dead token moves 40-60% on SBF headlines, twice, with increasing magnitude.

CZ got pardoned.
Ross Ulbricht got pardoned.

The pardon narrative has real-world precedent now, which is exactly what keeps this trade alive.

You don't need the pardon to happen. You just need people to believe it might.

Someone is entering before the news breaks. Someone is exiting into the spike.

The filing itself is a footnote. The $62% move is the story.

SBF ran one of the most sophisticated financial operations in crypto history.

From prison, with no leverage and no lawyers on payroll, he filed a single DOJ document and printed a 62% pump on a token he no longer controls.

Whether that's coincidence or coordination is the only question worth asking.

👉 $FTT has no business, it has a narrative.

And in crypto, that's sometimes enough.