2026-01-09 01:24:25

According to the latest reports, U.S. President Trump explicitly stated in a media interview that he would not consider exercising presidential pardon powers for FTX founder Sam Bankman-Fried (SBF).

What does this mean? SBF was convicted of charges including embezzlement of customer funds and financial fraud in 2023, becoming one of the most significant criminal cases in crypto history. When asked about the possibility of pardons for several incarcerated individuals, SBF was explicitly excluded.

Interestingly, musician Diddy also wrote a letter to Trump requesting a pardon, which was similarly denied. In contrast, Trump has exercised pardon powers in recent years for some political allies and individuals who support his argument that "the judiciary has been politicized," but SBF clearly does not fall into this category.

From this statement, the likelihood of SBF being released early through a presidential pardon is essentially zero. This not only affects SBF's personal criminal and civil proceedings but also further reinforces the industry's focus on compliance and risk management. Discussions on financial security and customer fund protection within the industry will only become more in-depth.

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PumpStrategist

· 01-11 06:40

The pattern is set, and SBF's path is completely dead. Pardoning is essentially a political bargaining chip—Trump used it to gain votes, and SBF has no political value, so... what are you all thinking [laugh] --- Interesting levels are coming—this actually benefits compliant projects. Those who previously used "decentralization" as a cover for pooling funds should start thinking now. History may repeat itself, but the pattern will be different. --- Honestly, the harsh sentencing in the SBF case is already a signal of risk release. The next chapter in the crypto industry will be written on the word "compliance." Who still wants to go all-in on reckless exchanges? --- Wait, even Trump is refusing this—what does that mean? It shows that even he has to consider public opinion. For the crypto circle to truly turn around, it must rely on itself to avoid incidents, not just pray for pardons. --- From a probabilistic strategy perspective, SBF has no chance, but this actually gives honest exchanges a chance to breathe. The distribution of chips shows the market has already digested this news; now it’s about who can survive until the next cycle.

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LiquidationAlert

· 01-10 02:26

Haha, SBF really has no chance anymore, the pardon dream is shattered.

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FloorSweeper

· 01-09 15:39

lmao sbf really thought he could slip through the backdoor... nope. this is actually bullish for the space tbh, separates the real builders from the grifters. market psychology 101 right here.

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PumpDoctrine

· 01-09 01:31

SBF's chances are completely gone this time, even Trump didn't give him face.

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AmateurDAOWatcher

· 01-09 01:31

SBF is really out of options now, and will have to honestly serve time in prison.

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CryptoTarotReader

· 01-09 01:26

What are you thinking? SBF is completely finished this time. Can't even get a pardon, now he really has to honestly serve time in prison. The crypto industry needs to learn a lesson; we really can't keep doing these scams. Trump is quite ruthless, he didn't even grant a pardon. Honestly, the SBF case has dealt a huge blow to the entire crypto circle. The industry needs this kind of lesson to truly regulate itself. No more pardons, SBF is definitely not turning things around. In fact, this might be good for the future of crypto.

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