President Trump Says No Pardon For Sam Bankman-Fried

President Trump Says No Pardon For Sam Bankman-Fried President Trump ruled out a pardon for Sam Bankman-Fried, shutting down lingering hopes of clemency for the jailed FTX founder. The post President Trump Says No Pardon For Sam Bankman-Fried appeared first on Cryptonews. President Donald Trump has ruled out a pardon for Sam Bankman-Fried, cutting off a line of speculation that had lingered in crypto circles as the jailed FTX founder fights his conviction and searches for any political escape hatch.Trump delivered the message in a sweeping interview with The New York Times, where he also fielded questions about clemency for other high-profile names, including Sean âEUR?"DiddyâEUR Combs.A jury convicted Bankman-Fried in Nov. 2023 on fraud and conspiracy counts tied to the misuse of billions in customer funds. A judge sentenced him in March 2024 to 25 years in prison, and he has appealed both the conviction and sentence.The pardon talk never fully went away. Bloomberg reported in Jan. 2025 that Bankman-FriedâEUR(TM)s parents, Stanford law professors Joseph Bankman and Barbara Fried, began exploring clemency outreach through meetings with lawyers and people connected to TrumpâEUR(TM)s orbit. President Donald Trump told The New York Times that he has no plans to pardon former FTX CEO Sam Bankman-Fried (SBF). SBF was sentenced to 25 years in prison in 2023 on fraud and conspiracy charges and is currently appealing the conviction. He donated $5.2 million to the BidenâEUR¦- Wu Blockchain (@WuBlockchain) January 8, 2026 From Silk Road To Binance, Trump Has Shown Willingness To Pardon Crypto FiguresTrumpâEUR(TM)s blunt answer stands out because he has shown a willingness to use clemency in crypto-linked cases. He pardoned Silk Road founder Ross Ulbricht in Jan. 2025, a decision celebrated by parts of the libertarian and Bitcoin community.He followed with pardons for the BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, along with others tied to the exchange, after their Bank Secrecy Act related convictions.Trump later pardoned Binance founder Changpeng âEUR?"CZâEUR Zhao on Oct. 23, drawing criticism given BinanceâEUR(TM)s high profile enforcement history. When asked about ZhaoâEUR(TM)s pardon, White House Press Secretary Karoline Leavitt reportedly said the president âEUR?"exercised his constitutional authority,âEUR saying that Zhao âEUR?"was prosecuted by the Biden Administration in their war on cryptocurrency.âEURInvestor Anger Over FTX Collapse Leaves Little Room For MercyBankman-FriedâEUR(TM)s case sits in a different category for many investors, one defined less by regulatory combat and more by a collapse that scorched customers and funds across the industry. In the same interview, Trump defended his broader embrace of digital assets in political and strategic terms. âEUR?"I got a lot of votes because I backed crypto, and I got to like it,âEUR Trump said in the interview. âEUR?"China wanted it, and one of us was going to get it.âEURFor Bankman-Fried, that leaves the courts as the only realistic route. His appeal continues, and TrumpâEUR(TM)s latest remarks signal that any clemency campaign around the former FTX chief will run into a closed door at the White House.The post President Trump Says No Pardon For Sam Bankman-Fried appeared first on Cryptonews. Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: January 9, 2026 | Source: CryptoNews