Trump recently made it clear in a media interview that he would not consider pardoning FTX founder Sam Bankman-Fried. This crypto industry "star" was convicted in 2023 on multiple charges including embezzlement of customer funds and financial fraud, becoming one of the most iconic criminal cases in the industry.
When asked whether high-profile inmates might receive presidential pardons, SBF was prominently listed. However, Trump directly ruled out this possibility, stating very clearly that he has no intention of exercising the pardon power for individuals including SBF. Interestingly, musician Diddy had previously written to Trump requesting a pardon, but was also denied.
This creates an interesting contrast. In recent years, Trump has indeed exercised his pardon power for some political allies or supporters, but SBF is clearly not on that list. This statement essentially means that, in the foreseeable future, the possibility of SBF being released early through a presidential pardon is nearly zero. His criminal and civil proceedings will continue, and this will also have a lasting and profound impact on the entire crypto industry’s discussions on compliance and regulation.
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tx_pending_forever
· 01-12 00:23
SBF is really out of options now; the path to pardon is completely blocked.
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OnChain_Detective
· 01-11 20:10
ngl, SBF's getting zero sympathy from anywhere now... data's screaming the obvious here - dude's a textbook rugpull architect, flagged transactions confirmed everything. not happening fr fr
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ser_aped.eth
· 01-11 10:36
Ha, SBF is really out of luck now. Trump even rejected Diddy—who else can still save him?
It was about time. Scammers should go to jail; don't think you can turn things around through some pardon.
The starry halo shattered so quickly—going from top influencer in the crypto world to a prisoner, hilarious.
This is actually good for the entire industry. Let those who want to take crooked paths remember this lesson.
It's sad—losing all your money and ending up in prison, a self-inflicted punishment.
Trump didn't show favoritism to the crypto industry this time, which proves SBF is truly rotten.
No room for a pardon indicates the case is nailed down, no chance for appeal—good news.
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LightningClicker
· 01-09 01:50
Haha, SBF is really done for now, even Trump won't give him face
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Another crypto myth shattered, turns out doing evil still comes with a price
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Diddy and SBF were both rejected, it seems pardons also have thresholds
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The industry now has to attend integrity classes; compliance really can't be avoided
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If only I knew today what I knew back then, it's hard to whitewash embezzling customer funds
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Feels like this is giving the entire crypto industry a wake-up call; everyone needs to tighten up
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Celebrity figures turning into cautionary tales, so ironic
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His absence from the pardon list shows there are still moral bottom lines
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The crypto world will never return to the era of wild growth
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SBF's huge reputation can collapse, who else dares to say they're stable
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NFTArchaeologis
· 01-09 01:46
To be honest, SBF has, to some extent, become a "legacy relic" on the chain—an archive that should record innovation, but instead bears the marks of greed. Trump's refusal to pardon is actually quite interesting; it draws a clear line: political allies can be pardoned, but "stars" who damage the financial ecosystem cannot. For the entire industry, this might be a signal—the true cost of compliance cannot be erased just because you once shined brightly.
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TheMemefather
· 01-09 01:43
SBF is completely finished now; even Trump won't give him face. It seems that throwing money to wash white in the crypto circle also has a ceiling.
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ChainComedian
· 01-09 01:43
Ha, SBF is really out of options now, even Trump won't give him face
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But on the other hand, this is actually good for the crypto world, someone has to pay the price for lessons learned
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Diddy was also rejected? It seems presidential pardons aren't just granted on demand
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So this guy will really have to serve his time until the end, no shortcuts available
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This case should have warned everyone long ago: never cross the line of client funds
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Trump's stance this time is quite firm; I thought he would pardon everything
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SBF's story is a vivid warning, who in the crypto world would still dare to act so recklessly now
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DefiPlaybook
· 01-09 01:41
It seems that SBF truly has no arbitrage opportunities left, and even the route of presidential pardons has been blocked.
The hype this guy had in the crypto circle has now become a cautionary tale. Honestly, it's quite ironic.
Trump's attitude is actually a good sign for the entire industry, indicating that the compliance bottom line won't be casually broken.
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CryptoPhoenix
· 01-09 01:36
Damn, SBF is completely done for, no chance of a comeback. This is it.
No matter how hard it drops, it can rebound, but when it comes to life... let's focus on our own beliefs and patiently wait for opportunities.
This actually serves as a warning to us: compliance is the bottom line to survive the cycle, don't follow his example.
Trump even rejected Diddy, indicating that this round is indeed a strict policy, and the probability of SBF's rebirth is basically zero.
Feeling like I've seen through life a bit, but in the crypto world, it's different; the bottom range is the real secret to wealth.
Trump recently made it clear in a media interview that he would not consider pardoning FTX founder Sam Bankman-Fried. This crypto industry "star" was convicted in 2023 on multiple charges including embezzlement of customer funds and financial fraud, becoming one of the most iconic criminal cases in the industry.
When asked whether high-profile inmates might receive presidential pardons, SBF was prominently listed. However, Trump directly ruled out this possibility, stating very clearly that he has no intention of exercising the pardon power for individuals including SBF. Interestingly, musician Diddy had previously written to Trump requesting a pardon, but was also denied.
This creates an interesting contrast. In recent years, Trump has indeed exercised his pardon power for some political allies or supporters, but SBF is clearly not on that list. This statement essentially means that, in the foreseeable future, the possibility of SBF being released early through a presidential pardon is nearly zero. His criminal and civil proceedings will continue, and this will also have a lasting and profound impact on the entire crypto industry’s discussions on compliance and regulation.