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US President Donald Trump has no plans to pardon former FTX CEO Sam Bankman-Fried (SBF), although he has issued a wave of pardons since returning to office.
In his first year back as president, Trump has granted hundreds of pardons and pardons. This includes many prominent figures in the cryptocurrency industry.
Sam Bankman-Fried will not receive a presidential pardon
in interview Speaking to the New York Times, President Donald Trump explained What forgiveness A Bankman-Fried presidential race is unlikely. The president has also indicated several high-profile cases in which he has no intention of granting clemency.
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This includes former New Jersey Senator Robert Menendez, And Venezuelan leader Nicolas Maduroand rapper Sean “Diddy” Combs.
Bankman-Fried was later sentenced to 25 years in prison He was convicted of multiple charges Related fraud and conspiracy With the collapse of the stock market FTX. Despite the conviction, efforts to obtain a pardon continued.
In January, His parents, Bloomberg said They launched an outreach effort aimed at getting a pardon from Trump. The former FTX CEO renewed those efforts in… February 2025 during his first interview From prison with the New York Sun.
“At the time I saw it as sort of center-left, and I no longer see it that way. Since 2022, I have spent a significant amount of time in Washington, DC, working with legislators, regulators, and the executive branch, and I had become frustrated and very frustrated with what I saw in the Biden administration and the Democratic Party was very difficult that of the politics of encryption of Biden. I think that my case falls in the broader context “said SBF.
Bankman-Fried also filed a demanding appeal Revoking his 25-year prison sentence. He is currently serving his sentence in a low-security prison near Los Angeles. SBF is eligible for release in October 2044.
Highlighting Trump’s Cryptocurrency Pardon in 2025
while And shattered hopes Bankman-Fried In the pardon, Trump indicated his openness to pardon in other crypto-related cases. The president said recently It will examine the case of Samurai Wallet CEO Keon Rodriguez.
It should be noted that Trump has published three Excuse me Highlights related to digital currencies in 2025:
- Ross Ulbricht, founder of the Silk Road, was pardoned. In January 2025.
- In March, Trump also issued a pardon Co-founders of BitMEXArthur Hayes, Benjamin Dillow, and Samuel Reid, as well as Gregory Dwyer, former head of business development.
- Finally, the president’s pardon in October 2025 exonerated Binance founder Changpeng Zhao (CZ) from his 2023 sentence.
Zhao’s pardon drew significant criticism from some Executives in the sector As per regulatory authorities. He called Seven Democrats in the Senate To conduct an investigation on the decision. Lawmakers, including Elizabeth Warren and Bernie Sanders, have questioned whether Trump-backed World Liberty Financial and its alleged ties to Binance played a role in the decision.
