Trump Draws Line: SBF Off the Pardon List
In a recent interview, former President Donald Trump firmly ruled out any possibility of pardoning Sam Bankman-Fried (SBF), convicted in the FTX collapse. This statement ends months of speculation and sends a clear message: even as crypto becomes a political flashpoint, judicial accountability remains non-negotiable.
Not Just SBF: Other High-Profile Figures Excluded
Trump clarified that others under legal scrutiny — including music mogul Sean "Diddy" Combs and disgraced former New Jersey Senator Robert Menendez — are also not under consideration for clemency. This stance reflects his effort to avoid perceptions of favoritism toward powerful figures amid public demand for justice.
Defending Family Ties: Pro-Crypto ≠ Conflict of Interest
Responding to criticism over his family’s involvement in blockchain ventures, Trump argued that supporting digital innovation aligns with voter sentiment. He credited his pro-tech posture for drawing younger, tech-savvy supporters in 2020, framing family investments as lawful participation rather than unethical gain.
Where SBF’s Case Stands: Appeal Pending, Legacy Uncertain
Convicted in March 2024 on seven counts including fraud and money laundering, SBF awaits an appellate decision. While his legal team pushes for leniency, public opinion leans toward upholding consequences. Trump’s public distancing may signal strategic neutrality ahead of a potential 2024 run.
What’s Next for U.S. Crypto Policy?
Despite rejecting clemency, Trump reiterated his belief in blockchain’s potential. He called for balanced regulation — protecting consumers without stifling innovation. Analysts see this as a bid to rally Web3 communities, positioning him as a tech-forward leader in the evolving political landscape.