Sam Bankman-Fried Unlikely to Receive Presidential Pardon from Trump
Summary
Former FTX CEO Sam Bankman-Fried (SBF) is unlikely to receive a presidential pardon from Donald Trump, despite Trump granting numerous clemencies since returning to office, including several high-profile crypto figures. Trump made this clear in a recent interview with The New York Times, listing SBF among cases where he does not intend to grant a pardon, alongside figures like Robert Menendez and Nicolás Maduro. Bankman-Fried, who is serving a 25-year sentence for fraud related to the FTX collapse, had his parents launch pardon efforts in January, which SBF himself renewed in February 2025 from prison. SBF expressed frustration with the Biden administration's crypto policy, suggesting his case fits a broader political context. Meanwhile, Trump has shown openness to clemency in other crypto cases, having already pardoned Ross Ulbricht, the co-founders of BitMEX, and Binance founder Changpeng Zhao (CZ) in 2025.
(Source:BeInCrypto)