Crypto News, June 9: Bitcoin Price Steady, Sam Bankman-Fried Formally Applies for a Trump Crypto Pardon as Humanity Exploited

Bitcoin is holding steady above $63K despite a mixed crypto backdrop marked by extreme fear, a high-profile Sam Bankman-Fried pardon request, and a major Humanity Protocol security incident. The article says SBF has formally applied for a presidential pardon, reviving debate over crypto regulation and past industry enforcement. More market-moving, Humanity Protocol reportedly suffered a private-key compromise that drained over $32M, triggered token minting and dumping, and sent H from about $0.70 to below $0.10, erasing more than $1B in market value. The piece also notes broader crypto stress, including ETF outflows above $4B in recent weeks, but argues whale accumulation, treasury buying, and improving regulatory clarity could support a rebound. Overall sentiment is cautious: BTC remains resilient while exploit-related FUD and redemption pressure weigh on the broader market.