Donald Trump Rules Out Pardon for FTX Founder Sam Bankman-Fried, Impact on Crypto

Former U.S. President Donald Trump has publicly stated he would not grant a pardon to Sam Bankman-Fried, the convicted founder of the collapsed cryptocurrency exchange FTX. This declaration clarifies Trump's position on one of the most high-profile criminal cases in the crypto industry. Bankman-Fried was found guilty on multiple counts of fraud and conspiracy related to the misuse of customer funds, leading to the catastrophic failure of FTX. Trump's comments signal a firm stance against clemency for individuals involved in major financial misconduct within the digital asset space. This development is closely watched by investors and regulators as it underscores ongoing legal scrutiny and accountability in the cryptocurrency market, potentially influencing regulatory attitudes and investor confidence in the sector.