Trump Refuses Pardon Request from Disgraced FTX CEO Sam Bankman-Fried

US President Donald Trump has made it clear that he will not grant a pardon to former FTX CEO Sam Bankman-Fried, despite his family's online campaign. The decision comes after SBF was convicted of fraud and money laundering charges resulting in over $8 billion in damages.

The White House has reiterated that President Trump is not looking to pardon the convicted financial criminal, citing the severity of his crimes as the reason for this stance. This move is seen as a distinction from other crypto executives who faced lesser charges and were later pardoned by the President.