Trump says he has no plans to pardon jailed FTX founder Sam Bankman-Fried: NYT
Donald Trump stated to The New York Times that he does not plan to pardon convicted FTX founder Sam Bankman-Fried.Summary
President Donald Trump informed The New York Times during an interview that he has no intentions of pardoning Sam Bankman-Fried, the jailed former FTX CEO, despite Bankman-Fried's recent attempts to seek clemency. Bankman-Fried was convicted in 2023 on multiple fraud and conspiracy charges related to stealing customer funds from FTX and is currently serving a 25-year sentence. The discussion about pardons arose when Trump addressed a range of topics, including other high-profile figures like Nicolás Maduro and Robert Menendez. Bankman-Fried had previously praised Trump for pardoning former Honduran President Juan Orlando Hernández. Although Trump has previously pardoned figures connected to the crypto industry, such as Changpeng Zhao and Ross Ulbricht, Bankman-Fried's chances for clemency appear slim, especially given he was a major donor to the 2020 Biden campaign. Trump also used the interview to defend his support for the crypto industry, noting he gained many votes by backing it.
(Source：The Block)