Hopes of Sam Bankman-Fried (SBF) receiving a pardon have been shattered. The United States\u2019 president, Donald Trump, confirmed in a recent interview with The New York Times that he would not issue a presidential pardon to the imprisoned FTX founder.<\/p>\n
The latest comment came about a year after SBF and his parents sought a pardon from the president.<\/p>\n
Last year, Trump issued<\/a> pardons to several high-profile crypto figures. These include<\/a> BitMEX\u2019s Arthur Hayes and Benjamin Delo, Silk Road\u2019s Ross Ulbricht, and Binance\u2019s Changpeng Zhao.<\/p>\n Earlier this year, the infamous Bitfinex hacker, Ilya Lichtenstein, was released from prison under the First Step Act, signed by Trump. This enabled his early release after serving<\/a> less than two months of a five-year sentence.<\/p>\n Amid the pardon spree, SBF began his quest to secure an early release. Recall that he was arrested and jailed as the mastermind behind the cataclysmic collapse of the once-giant crypto derivatives exchange FTX in late 2022. Since March 2024, he has been serving a 25-year jail sentence.<\/p>\n In February 2025, SBF\u2019s parents sought<\/a> a pardon for their son, according to reports circulated at the time. The infamous FTX founder has also expressed<\/a> a wish to be released early, when he repeatedly praised Trump\u2019s pardon for the ex-Honduran president, Juan Orlando Hern\u00e1ndez (JOH), who was sentenced due to cocaine importation.<\/p>\n However, Trump has now shattered<\/a> any hope of clemency for the FTX founder. This implies that Bankman-Fried will continue serving jail time and will only explore getting a pardon when another president rules the country.<\/p>\n Aside from SBF, Trump also made it clear that he would not be issuing a presidential pardon to a couple of individuals. These include Sean \u201cDiddy\u201d Combs, an American rapper who was imprisoned for crimes related to prostitution, and Nicol\u00e1s Maduro, Venezuela\u2019s president, who was recently arrested<\/a> following narco-terrorism crimes.<\/p>\n Another individual Trump said he would not grant clemency to is the former New Jersey Senator Robert Menendez. He is currently serving an 11-year sentence due to a bribery charge and acting as a foreign agent.<\/p>\n The post Donald Trump Says No Pardon Issuance to FTX\u2019s Sam Bankman-Fried<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Hopes of Sam Bankman-Fried (SBF) receiving a pardon have been shattered. The United States\u2019 president, Donald Trump, confirmed in a recent interview with The New York Times that he would not issue a presidential pardon to the imprisoned FTX founder. The latest comment came about a year after SBF and his parents sought a pardon […]<\/p>\n","protected":false},"author":0,"featured_media":125996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125995"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125995"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125996"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}More Pardon Refusals<\/h2>\n