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Reading: Trump Shuts Down Pardon Speculation for Jailed FTX Founder, NYT Reports – Crypto Economy
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Blockchain

Trump Shuts Down Pardon Speculation for Jailed FTX Founder, NYT Reports – Crypto Economy

Last updated: January 9, 2026 8:25 am
Published: 3 months ago
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Donald Trump will not grant a pardon for Sam Bankman-Fried. The President confirmed this on Thursday in an interview with The New York Times, where he was blunt in denying clemency to the former FTX CEO. Bankman-Fried is currently serving a 25-year sentence for fraud and conspiracy. This statement effectively closes the door on speculations that the former executive’s team had attempted to fuel through public messages of support for the current administration.

This decision marks a clear distinction between Trump’s pro-crypto agenda and large-scale financial crimes. Although the President has granted benefits to other figures in the sector, a pardon for Sam Bankman-Fried appears unlikely due to the severity of the theft of customer funds and a historical political rivalry, given that Bankman-Fried was one of the largest donors to the Biden campaign in 2020.

Those affected by the FTX collapse will remain attentive to the appeal process that Bankman-Fried is pursuing independently. Meanwhile, the Trump administration continues to advocate for its own interests in the industry, such as World Liberty Financial, ensuring that its support for the digital ecosystem remains firm but does not include forgiveness for those who caused the 2022 institutional collapse.

Source:https://www.nytimes.com/live/2026/01/08/us/trump-nyt-interview

Disclaimer: Crypto Economy Flash News reports are prepared from verified official and public sources by our editorial team. Their purpose is to quickly inform about relevant facts in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

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