White House says Trump will not pardon Sam Bankman‑Fried
A White House statement rejects a pardon request for the FTX founder, drawing attention to enforcement and political implications for the crypto sector.
The White House confirmed that President Donald Trump will not grant a pardon to former FTX CEO Sam Bankman‑Fried, issuing a clear no‑pardon stance in response to public requests for clemency [1][4].
Bankman‑Fried has mounted a public campaign on social media seeking a pardon and has pushed for a new trial; reports note he has recently adopted a pro‑Trump posture while criticizing Judge Lewis Kaplan and highlighting past political donations [2][4].
Observers said the White House ruling shifts emphasis back to legal and criminal processes and may reduce perceptions of political favoritism, a development cited alongside ongoing scrutiny of the wider cryptocurrency industry [3][1].
The White House denial removes the immediate prospect of presidential clemency for Bankman‑Fried while his legal efforts — including pursuit of a new trial — continue, underscoring political sensitivities around high‑profile crypto prosecutions [1][4][2].
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Citations
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- 1White House confirms Trump will not pardon Sam Bankman-FriedCrypto Briefing• Feb 24, 2026
- 2White House Issues Statement Regarding FTX Fraudster Sam Bankman-Fried’s Pardon RequestBitcoin Sistemi• Feb 24, 2026
- 3Bitcoin holds as White House rules out SBF pardondefiliban.com• Feb 24, 2026
- 4Trump Won’t Pardon FTX’s Sam Bankman-Fried (SBF), White House SaysCoinGape• Feb 24, 2026
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