White House Confirms Sam Bankman-Fried Will Not Receive Pardon from Donald Trump

The news comes as a blow to Sam Bankman-Fried, who is currently serving a 25-year sentence for fraud and conspiracy related to the collapse of his cryptocurrency exchange FTX. In recent weeks, Bankman-Fried has taken to social media platforms like X to align himself with Trump's policies, criticize the judge who sentenced him, and lash out at his legal foes.

Despite these efforts, the White House statement made it clear that Trump has no plans to grant clemency to Bankman-Fried. This stance is in line with the president's previous declaration that Bankman-Fried was not among the individuals he intended to pardon.