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flag Trump says he won’t pardon FTX founder Sam Bankman-Fried, citing the severity of his crimes.

flag In a January 2026 interview, President Donald Trump stated he has no intention of pardoning Sam Bankman-Fried, the former FTX CEO serving a 25-year sentence for fraud related to the cryptocurrency exchange’s collapse. flag Trump also ruled out pardons for Sean Combs and Robert Menendez. flag Bankman-Fried, convicted in 2024 on seven felony counts, remains eligible to appeal his conviction, with a decision expected soon from the U.S. Court of Appeals for the Second Circuit. flag Despite prior pardons for other crypto figures, Trump cited the severity of Bankman-Fried’s crimes and lack of alignment with his clemency narrative. flag Other FTX executives, like Caroline Ellison, are nearing release. flag Regulatory actions continue, with the SEC imposing long-term bans on former FTX and Alameda executives.

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