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Trump says Sam Bankman-Fried will not receive a pardon

Crypto Briefing
Donald Trump stated he does not intend to pardon Sam Bankman-Fried or Sean Combs.

Summary

President Donald Trump confirmed in an interview with The New York Times that he has no intention of granting a pardon to Sam Bankman-Fried, the founder of the collapsed crypto exchange FTX. This statement came as Trump addressed a separate clemency request he received from music executive Sean Combs. Bankman-Fried was convicted in 2023 on multiple fraud charges related to the theft of billions in customer funds from FTX to support Alameda Research, political donations, and personal expenses. Trump also indicated he would not pardon other figures mentioned by reporters, such as former US Senator Robert Menendez and Venezuelan leader Nicolás Maduro.

(Source:Crypto Briefing)