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.
29 Articles
29 Articles
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)
President Donald Trump dismissed the idea of pardoning jailed cryptocurrency fraudster Sam Bankman-Fried, according to a report published Thursday.
Pardons for CZ and Silk Road, None for Sam Bankman-Fried as Trump Grades Crypto Offenders
Trump said he does not intend to pardon Sam Bankman-Fried, who is serving a 25-year sentence for fraud tied to the collapse of crypto exchange FTX. In an interview with the New York Times, the President linked that position to a broader refusal to intervene in a series of other high-profile cases, including those involving Sean “Diddy” Combs and Venezuelan leader Nicolás Maduro.Trump’s comments land at a sensitive moment for Bankman-Fried, who h…
Trump Rejects Pardon For Sam Bankman-Fried As 25-Year FTX Sentence Stands
Since late 2025, there have been different reports regarding how Trump granted amnesty to individuals who were already sentenced to prison terms. A good number of those who were freed in 2025 are those tied to cryptocurrency and blockchain.For instance, in January 2025, he pardoned the founder of Silk Road, Ross Ulbricht; he also simultaneously pardoned Arthur Hayes, BitMex founder, as well as Benjamin Delo, Samuel Reed, and others that were tie…
President Trump Reveals No Pardon for SBF in the Works
During a recent interview, President Donald Trump declared that he had no intention of pardoning Sam Bankman-Fried, mixing his name with other high-profile individuals, including Sean Combs, AKA Diddy. Last year, reports stated that SBF’s parents were seeking avenues to reach a pardon for their son. Trump Says No Pardon For SBF Despite Ongoing Efforts […]
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