Donald Trump: No plans to pardon SBF
Svmuu News: U.S. PresidentDonald Trumpstated unequivocally in an interview with The New York Times that he would not consider pardoning FTX founder Sam Bankman-Fried (SBF).SBF was convicted in 2023 on multiple charges, including embezzlement of client funds and financial fraud, making his case one of the most iconic criminal cases in the history of the crypto industry. Donald Trump In the interview, when asked by a reporter whether several high-profile inmates might receive a presidential pardon, SBF was mentioned but explicitly ruled out.Donald Trump He stated that he had no intention of exercising his pardon authority on behalf of SBF or any other individuals involved. The report also revealed that musician Sean Combs (Diddy) had written to Donald Trump requesting a pardon, but his request was similarly denied.In contrast, Donald Trump has indeed exercised his pardon power in recent years for some political allies or individuals who support his narrative of “judicial politicization,” but SBF is not within his consideration.Analysts note that Donald Trump’s stance implies that, in the foreseeable future, the likelihood of SBF being released early through a presidential pardon is extremely low. His criminal and civil liability proceedings will continue, and this will continue to have a profound impact on compliance and regulatory discussions within the crypto industry.
Source:Odaily · Source Link
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