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Trump Isn't Giving Sam Bankman-Fried A Get Out Of Jail Card, Reiterates Resolve To Make US Global Crypto Leader - American Bitcoin (NASDAQ:ABTC)

Trump refuses clemency for Sam Bankman-Fried despite family appeals, while pledging to position the U.S. as a global leader in cryptocurrency, supporting industry growth.

  • On Thursday, President Donald Trump told The New York Times he will not pardon Sam Bankman-Fried, grouping him with Sean Combs and Nicolás Maduro.
  • Sam Bankman-Fried is serving a 25-year sentence for misappropriating FTX customer funds and contends his conviction was politically driven, while his family and supporters recently launched a clemency campaign using social platforms to seek favor with Trump.
  • The Trump family holds a stake in American Bitcoin and is co-founder of World Liberty Financial with his three sons, prompting allegations of conflicts of interest.
  • Observers say Bankman-Fried's pardon prospects are shrinking, as President Donald Trump refuses clemency unlike his more sympathetic stance toward Ross Ulbricht.
  • Trump reiterated his support for the cryptocurrency industry and vowed to position the U.S. as the sector's global leader, saying backing crypto helped him win votes.
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Coin Desk broke the news in Manila, Philippines on Thursday, January 8, 2026.
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